Company / Total Debt
PLUG POWER INC Total Debt History
FY2016-FY2023 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Total Debt
$3.9M
FY2023
5-year range
$3.9M / $9.0M
FY2019-FY2023
Trend
-56.7%
vs FY2022
Sector context
#251 of 257
Industrials
What the data says
Among 257 Industrials companies, PLUG POWER INC is in the top 2% for total debt. Increased from $133,000 to $4M over the past 5 years.
Based on SEC 10-K filings.
$4M in FY2023 with a 5-year CAGR of +96.5%.
Increased from $133,000 to $4M over the past 5 years.
Industrials sector context is included.
Total Debt over time
Growth rates
- 3-Year CAGR
- -
- 5-Year CAGR
- +96.5%
- 10-Year CAGR
- -
Sector benchmark
Top 2% in IndustrialsTop 2% of 257This company $3.9M Sector average $3.2B
▼
-99.9% below sector average
Key checks
Key Insights
- 5-year CAGR of +96.5%, indicating consistent growth.
- In FY2023, total debt decreased 56.7% year-over-year.
- Ranks #251 out of 257 companies in the Industrials sector.
- Peak total debt was recorded in FY2016.
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 | Total DebtValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | - | - |
| FY2024 | - | - |
| FY2023 | $3.9M | -56.7% |
| FY2022 | $9.0M | - |
| FY2021 | - | - |
| FY2020 | - | - |
| FY2019 | - | - |
| FY2018 | $133.0K | -99.0% |
| FY2017 | $13.4M | -35.8% |
| FY2016 | $20.8M | - |
As of FY2023 · SEC 10-K · Updated Jun 30, 2026