BE vs NEWH vs PLUG Stock Comparison

Bloom Energy, NewHydrogen and Plug Power Prices as of Oct 28, 2026 Peers: Industry group
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BE Bloom Energy Corp
$227.99 -13.3% 1M +101.3% 1Y
Market cap
$67.38B
P/E
129.7x
Revenue (TTM)
$3.83B
Div. yield
–
Fuel Cells Industrials
8 wins
NEWH NewHydrogen, Inc.
$0.02 0.0% 1M -33.3% 1Y
Market cap
$16.41M
P/E
–
Revenue (TTM)
—
Div. yield
–
Hydrogen Energy
PLUG Plug Power Inc
$1.42 -23.7% 1M -49.1% 1Y
Market cap
$1.98B
P/E
–
Revenue (TTM)
$744.09M
Div. yield
–
Hydrogen Energy
1 win

Head to Head

9 decided of 12

Bloom Energy leads on 8 of the 12 questions below (Bloom Energy 8, Plug Power 1). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionBENEWHPLUGLeader
Larger companyMarket capitalisation $67.38B $16.41M $1.98B BE
Cheaper on earningsLower P/E, profitable companies only 129.7x -4.2x -1.2x –
Cheaper on forward earningsLower price / next fiscal year consensus EPS 88.4x — — –
Faster revenue growthRevenue growth, trailing twelve months +110.6% — +10.6% BE
More profitableNet margin, trailing twelve months 13.5% — -220.6% BE
Better return on capitalReturn on invested capital 31.2% — -188.4% BE
Less leveragedLower net debt / EBITDA -3.9x — 0.1x BE
Higher dividend yieldTrailing dividend yield — — — –
Better 1-year returnPrice return, last 12 months +101.3% -33.3% -49.1% BE
Better 5-year returnAnnualised price return, 5 years +48.8%/yr 0.0%/yr -48.3%/yr BE
Less volatileAnnualised volatility, 1 year 111.5% 272.5% 77.9% PLUG
Higher overall scoreMean of the five percentile scores vs peers 80/100 13/100 25/100 BE

Percentile Scorecard

BENEWHPLUG

Each axis is the mean percentile of its metrics against the company's industry group. 100 is the best in the group, 50 the middle.

Scores by Axis

AxisBENEWHPLUG
Valuation 47 #33 of 61 10 #10 of 11 0 #11 of 11
Growth 100 #1 of 58 10 #10 of 11 70 #4 of 11
Profitability 93 #5 of 55 – 0 #9 of 9
Financial Health 89 #9 of 71 20 #9 of 11 30 #8 of 11
Shareholder Returns 71 #9 of 29 – –
Overall 80 13 25
  • BE ranked among 71 companies in Clean Energy Equipment
  • NEWH ranked among 11 companies in Renewable Fuels
  • PLUG ranked among 11 companies in Renewable Fuels

Price Performance

Price return, split-adjusted, before dividends. Click a name to hide or show it.

Returns

PeriodBENEWHPLUGSPY
1 month -13.3%0.0%-23.7% +0.9%
3 months +39.2%0.0%-25.3% +5.9%
6 months -20.8%-50.0%-58.4% +8.5%
Year to date +162.4%0.0%-27.9% +13.3%
1 year +101.3%-33.3%-49.1% +12.4%
3 years +2,231.2%+100.0%-75.9% +88.1%
3 years, per year +185.9%+26.0%-37.8% +23.5%
5 years +629.3%0.0%-96.3% +68.2%
5 years, per year +48.8%0.0%-48.3% +11.0%
10 years —-75.0%-10.1% +263.4%
10 years, per year —-12.9%-1.1% +13.8%

Risk

MeasureBENEWHPLUGSPY
Volatility, 1Y 111.5%272.5%77.9% 12.7%
Downside volatility, 1Y 107.7%882.2%69.8% 12.7%
Beta vs S&P 500, 1Y 4.52-0.052.26 1.00
Return / volatility, 1Y 0.91-0.12-0.63 0.98
Max drawdown, 5Y -75.9%-83.3%-98.4% -25.4%
From 52-week high -34.1%-50.0%-65.7% -0.9%
52-week high $345.85$0.04$4.14 $779.14
52-week low $76.97$0.01$1.37 $631.97

Valuation History

Weekly multiples on trailing twelve-month fundamentals. Negative or extreme readings (a loss year, a collapsed denominator) are left out so the chart stays readable.

MultipleBENEWHPLUG
P/E now vs peer median 129.7xmedian 29.4x -4.2xmedian 10.6x -1.2xmedian 10.6x
P/S now vs peer median 17.6xmedian 2.6x —median 1.2x 2.7xmedian 1.2x
EV/EBITDA now vs peer median 102.3xmedian 18.4x -4.2xmedian 14.1x -1.5xmedian 14.1x
P/FCF now vs peer median 154.3xmedian 24.4x -6.5xmedian 13.8x -3.5xmedian 13.8x
P/B now vs peer median 34.3xmedian 1.8x -5.0xmedian 1.2x 3.4xmedian 1.2x
PEG now vs peer median 2.98median 1.07 -0.26median 0.19 -0.22median 0.19

Financial History

Reported figures by fiscal period, placed on the calendar year (or quarter) each period ended in, so companies with different fiscal years line up.

Trailing twelve monthsBENEWHPLUG
Revenue $3.83B – $744.09M
Gross profit $1.24B – -$138.00M
Operating income $567.42M -$3.88M -$1.29B
Net income $522.95M -$3.88M -$1.71B
Free cash flow $436.71M -$2.54M -$560.50M
R&D $235.76M $1.30M $53.94M
EPS (diluted) $1.60 $0.00 $-1.18
Cash & equivalents $2.49B $301.51K $161.90M
Total debt $2.95M – $314.00K
Shares (diluted) 324.29M 819.51M 1.39B
Enterprise value $57.31B $13.22M $1.07B

All Metrics

58 metrics · best in bold

Bold marks the best reading: the lowest positive value for multiples, leverage and payout, the highest for everything else. The bar under each value is its percentile against that company's own peers. Hover a value for its rank and the peer median.

Valuation

12 metrics
MetricBENEWHPLUG
P/E 129.7x -4.2x -1.2x
P/FCF 154.3x -6.5x -3.5x
P/Operating cash flow 97.5x -6.5x -4.1x
P/S 17.6x – 2.7x
P/B 34.3x -5.0x 3.4x
P/Tangible book 34.3x -5.0x 3.5x
EV/EBITDA 102.3x -4.2x -1.5x
EV/EBIT 114.4x -4.2x -1.4x
EV/Revenue 16.9x – 2.4x
EV/FCF 148.6x -6.3x -3.3x
EV/Operating cash flow 93.9x -6.3x -3.8x
PEG (3Y EPS CAGR) 2.98 -0.26 -0.22

Growth

14 metrics
MetricBENEWHPLUG
Revenue growth (1Y) 110.6% – 10.6%
Revenue CAGR (3Y) 38.6% – -5.4%
Gross profit growth (1Y) 118.4% – 70.1%
Gross profit CAGR (3Y) 91.3% – 20.4%
Operating income growth (1Y) 530.6% -89.6% 31.3%
Operating income CAGR (3Y) 60.9% 12.2% -15.4%
Net income growth (1Y) 3,052% -89.7% 13.3%
Net income CAGR (3Y) 51.0% 12.2% -26.9%
EPS growth (1Y) 2,359% -66.6% 32.5%
EPS CAGR (3Y) 43.5% 16.5% 5.5%
Operating cash flow growth (1Y) 283.7% -41.4% 20.0%
Operating cash flow CAGR (3Y) 49.4% -23.4% 22.8%
Free cash flow growth (1Y) 223.0% -41.4% 31.6%
Free cash flow CAGR (3Y) 39.3% -23.4% 30.6%

Profitability

14 metrics
MetricBENEWHPLUG
Gross margin 32.3% – -18.5%
EBITDA margin 16.6% – -168.2%
Operating margin 14.8% – -172.8%
Pretax margin 13.8% – -229.0%
Net margin 13.5% – -220.6%
FCF margin 11.4% – -75.3%
Operating cash flow margin 18.0% – -64.9%
Return on equity 29.0% – -251.3%
Return on assets 8.6% -657.0% -75.0%
Return on invested capital 31.2% – -188.4%
Return on capital employed 12.1% -945.4% -72.0%
Asset turnover 0.6x – 0.3x
Cash conversion (OCF / net income) 1.3x 0.7x 0.3x
Stock comp / revenue 5.2% – 7.2%

Financial Health

11 metrics
MetricBENEWHPLUG
Debt / assets 0.0% – 0.0%
Debt / equity 0.0x – 0.0x
Net debt / EBITDA -3.9x – 0.1x
Debt / FCF 0.0x – 0.0x
Liabilities / assets 70.1% 976.5% 73.2%
Equity / assets 29.9% -876.5% 26.8%
Interest coverage 15.9x – -17.9x
Current ratio 3.7x 2.0x 2.3x
Quick ratio 2.8x 1.7x 0.8x
Cash ratio 1.8x 1.7x 0.3x
Altman Z-score 9.60 – -6.05

Shareholder Returns

7 metrics
MetricBENEWHPLUG
Dividend yield – – –
Net buyback yield -0.1% -4.7% -2.5%
Shareholder yield -0.1% -4.7% -2.5%
Payout ratio (earnings) – – –
Payout ratio (FCF) – – –
Dividend growth (1Y) – – –
Dividend CAGR (3Y) – – –

Analyst Estimates

Solid lines are reported fiscal-year results; dashed lines are the consensus for the years ahead. Hover a year for the analysts' high and low, and how each result compared with its estimate.

ConsensusBENEWHPLUG
Forward P/E 88.4xFY2026 – –
EPS, next fiscal year $2.58FY2026 – $-0.41FY2026
EPS growth, next FY +239.5%FY2026 – –
EPS growth, the year after +100.0% – –
Revenue, next fiscal year $4.39BFY2026 – $799.33MFY2026
Revenue growth, next FY +117.4%FY2026 – +12.6%FY2026
Revenue growth, the year after +61.3% – +28.0%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersBENEWHPLUG
Held by institutions 80.5% – 58.3%
Institutions holding 1,280 – 508
Change in shares held, QoQ -1.9% – +8.0%
Institutions buying 806 – 276
Institutions selling 384 – 105
Buyers to sellers 2.10 – 2.63

Return Correlation

Daily returns, last 12 months

1.00 means two stocks move in lockstep, 0 that they move independently. Pairs below about 0.5 diversify each other.

BENEWHPLUG
BE 1.00 0.02 0.46
NEWH 0.02 1.00 0.05
PLUG 0.46 0.05 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, BE, NEWH and PLUG?

Bloom Energy (BE) is the largest by market capitalisation: Bloom Energy (BE) $67.38B, NewHydrogen (NEWH) $16.41M, Plug Power (PLUG) $1.98B.

Which company is growing faster?

Bloom Energy (BE) grew revenue fastest over the trailing twelve months: Bloom Energy (BE) +110.6%, Plug Power (PLUG) +10.6%.

Which company is more profitable?

Bloom Energy (BE) has the highest net margin (Bloom Energy (BE) 13.5%, Plug Power (PLUG) -220.6%). On return on invested capital, Bloom Energy (BE) leads (Bloom Energy (BE) 31.2%, Plug Power (PLUG) -188.4%).

Which stock has performed better?

Over the past year Bloom Energy (BE) returned the most: Bloom Energy (BE) +101.3%, NewHydrogen (NEWH) -33.3%, Plug Power (PLUG) -49.1%. Over five years, Bloom Energy (BE) compounded fastest (Bloom Energy (BE) +48.8%/yr, NewHydrogen (NEWH) 0.0%/yr, Plug Power (PLUG) -48.3%/yr). Returns are price only, before dividends.

Which stock is riskier?

By one-year price volatility, Plug Power (PLUG) has been the steadiest (Bloom Energy (BE) 111.5%, NewHydrogen (NEWH) 272.5%, Plug Power (PLUG) 77.9%). Volatility measures how widely the price swings, not the risk of the business.

Which is the better stock, BE, NEWH and PLUG?

There is no single answer; it depends on what you are buying for. On the 12 head-to-head measures on this page, Bloom Energy (BE) leads on 8. Business Quant does not give investment advice; use the comparison as a starting point for your own research.

Data from SEC filings, exchange prices and consensus estimates, via Business Quant. Percentile scores compare each company with its own peer group, so two companies' scores are each relative to different peers unless you rank against the whole market. Price returns exclude dividends. Nothing on this page is investment advice.