Company / Tangible Book Value per Share
PLUG POWER INC Tangible Book Value per Share History
FY2016-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Tangible Book Value per Share
$1.64
FY2025
5-year range
$1.64 / $9.57
FY2021-FY2025
Trend
-45.1%
vs FY2024
Sector context
#260 of 353
Industrials
What the data says
At $1.64, PLUG POWER INC's tangible book value per share ranks #260 of 353 in the Industrials sector. Tangible Book Value per Share has declined for 4 consecutive years, from $9.57 in FY2021 to $1.64 in FY2025.
Based on SEC 10-K filings.
1.64 in FY2025 with a 5-year CAGR of -18.6%.
Declined from $5.19 to $1.64 over the past 2 years.
Industrials sector context is included.
Tangible Book Value per Share over time
Growth rates
- 3-Year CAGR
- -37.1%
- 5-Year CAGR
- -18.6%
- 10-Year CAGR
- -
Sector benchmark
#260 of 353 in IndustrialsTop 74% of 353This company $1.64 Sector average $1428.50
▼
-99.9% below sector average
Key checks
Key Insights
- PLUG POWER INC's tangible book value per share has declined for 4 consecutive years.
- In FY2025, tangible book value per share decreased 45.1% year-over-year.
- Ranks #260 out of 353 companies in the Industrials sector.
- Peak tangible book value per share was recorded in FY2021.
Company context
Key Data Points
- Altman Z-Score -3.69 (distress zone, below 1.8 threshold)
- High earnings quality (cash-backed earnings)
Data sourced from SEC EDGAR filings. Not investment advice.
Annual data
| Year | Tangible Book Value per ShareValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | $1.64 | -45.1% |
| FY2024 | $2.99 | -42.4% |
| FY2023 | $5.19 | -21.3% |
| FY2022 | $6.60 | -31.1% |
| FY2021 | $9.57 | +108.3% |
| FY2020 | $4.60 | +732.4% |
| FY2019 | $0.55 | +65.9% |
| FY2018 | $0.33 | -44.8% |
| FY2017 | $0.60 | -27.6% |
| FY2016 | $0.83 | +647.7% |
As of FY2025 · SEC 10-K · Updated Jun 30, 2026