IMO vs NEWH vs PLUG Stock Comparison

Imperial Oil, NewHydrogen and Plug Power Prices as of Oct 23, 2026 Peers: Industry group
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IMO Imperial Oil Ltd
$134.72 +8.1% 1M +49.8% 1Y
Market cap
$65.02B
P/E
21.6x
Revenue (TTM)
$37.53B
Div. yield
0.02%
Integrated Oil and Gas Energy
7 wins
NEWH NewHydrogen, Inc.
$0.02 +100.0% 1M -50.0% 1Y
Market cap
$15.56M
P/E
–
Revenue (TTM)
—
Div. yield
–
Hydrogen Energy
PLUG Plug Power Inc
$1.38 -32.4% 1M -52.1% 1Y
Market cap
$1.91B
P/E
–
Revenue (TTM)
$744.09M
Div. yield
–
Hydrogen Energy
2 wins

Head to Head

9 decided of 12

Imperial Oil leads on 7 of the 12 questions below (Imperial Oil 7, Plug Power 2). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionIMONEWHPLUGLeader
Larger companyMarket capitalisation $65.02B $15.56M $1.91B IMO
Cheaper on earningsLower P/E, profitable companies only 21.6x -4.5x -1.2x –
Cheaper on forward earningsLower price / next fiscal year consensus EPS 12.6x — — –
Faster revenue growthRevenue growth, trailing twelve months +5.5% — +10.6% PLUG
More profitableNet margin, trailing twelve months 8.0% — -220.6% IMO
Better return on capitalReturn on invested capital 15.4% — -188.4% IMO
Less leveragedLower net debt / EBITDA 0.1x — 0.1x PLUG
Higher dividend yieldTrailing dividend yield 0.02% 0.00% 0.00% –
Better 1-year returnPrice return, last 12 months +49.8% -50.0% -52.1% IMO
Better 5-year returnAnnualised price return, 5 years +31.0%/yr 0.0%/yr -46.9%/yr IMO
Less volatileAnnualised volatility, 1 year 28.7% 274.0% 78.1% IMO
Higher overall scoreMean of the five percentile scores vs peers 63/100 33/100 23/100 IMO

Percentile Scorecard

IMONEWHPLUG

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

AxisIMONEWHPLUG
Valuation 32 #68 of 99 10 #10 of 11 0 #11 of 11
Growth 55 #44 of 97 10 #10 of 11 70 #4 of 11
Profitability 64 #35 of 96 – 0 #9 of 9
Financial Health 82 #19 of 102 80 #3 of 11 20 #9 of 11
Shareholder Returns 83 #14 of 76 – –
Overall 63 33 23
  • IMO ranked among 103 companies in Oil and Gas Upstream
  • 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

PeriodIMONEWHPLUGSPY
1 month +8.1%+100.0%-32.4% -1.0%
3 months +4.9%+100.0%-34.0% +2.9%
6 months +8.3%-50.0%-56.1% +6.4%
Year to date +56.1%0.0%-29.9% +11.4%
1 year +49.8%-50.0%-52.1% +13.1%
3 years +132.7%+100.0%-78.1% +79.4%
3 years, per year +32.5%+26.0%-39.7% +21.5%
5 years +285.8%0.0%-95.8% +67.7%
5 years, per year +31.0%0.0%-46.9% +10.9%
10 years +311.5%-77.8%-14.8% +255.2%
10 years, per year +15.2%-14.0%-1.6% +13.5%

Risk

MeasureIMONEWHPLUGSPY
Volatility, 1Y 28.7%274.0%78.1% 12.7%
Downside volatility, 1Y 30.7%857.0%70.2% 12.7%
Beta vs S&P 500, 1Y -0.10-0.092.25 1.00
Return / volatility, 1Y 1.73-0.18-0.67 1.03
Max drawdown, 5Y -30.1%-83.3%-98.4% -25.4%
From 52-week high -2.6%-50.0%-66.7% -2.5%
52-week high $138.33$0.04$4.14 $779.14
52-week low $83.72$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.

MultipleIMONEWHPLUG
P/E now vs peer median 21.6xmedian 13.1x -4.5xmedian 10.9x -1.2xmedian 10.9x
P/S now vs peer median 1.7xmedian 2.0x —median 1.2x 2.6xmedian 1.2x
EV/EBITDA now vs peer median 11.3xmedian 5.7x -4.5xmedian 14.0x -1.4xmedian 14.0x
P/FCF now vs peer median 17.9xmedian 11.1x -6.6xmedian 14.1x -3.4xmedian 14.1x
P/B now vs peer median 3.8xmedian 1.5x -6.2xmedian 1.1x 3.3xmedian 1.1x
PEG now vs peer median -4.24median 2.24 -0.17median 0.19 -0.21median 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 monthsIMONEWHPLUG
Revenue $37.53B – $744.09M
Gross profit – – -$138.00M
Operating income – -$3.49M -$1.29B
Net income $3.01B -$3.49M -$1.71B
Free cash flow $3.64B -$2.45M -$560.50M
R&D $6.51M $1.04M $53.94M
EPS (diluted) $6.21 $0.00 $-1.18
Cash & equivalents $2.00B $739.53K $161.90M
Total debt $11.46B – $65.78M
Shares (diluted) 484.90M 789.92M 1.39B
Enterprise value $60.11B $11.36M $986.42M

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
MetricIMONEWHPLUG
P/E 21.6x -4.5x -1.2x
P/FCF 17.9x -6.6x -3.4x
P/Operating cash flow 12.6x -6.6x -4.0x
P/S 1.7x – 2.6x
P/B 3.8x -6.2x 3.3x
P/Tangible book 3.8x -6.1x 3.4x
EV/EBITDA 11.3x -4.5x -1.4x
EV/EBIT 16.7x -4.5x -1.4x
EV/Revenue 1.8x – 2.4x
EV/FCF 18.1x -6.3x -3.2x
EV/Operating cash flow 12.7x -6.3x -3.7x
PEG (3Y EPS CAGR) -4.24 -0.17 -0.21

Growth

14 metrics
MetricIMONEWHPLUG
Revenue growth (1Y) 5.5% – 10.6%
Revenue CAGR (3Y) -2.2% – -5.4%
Gross profit growth (1Y) – – 70.1%
Gross profit CAGR (3Y) – – 20.4%
Operating income growth (1Y) – -73.9% 31.3%
Operating income CAGR (3Y) – 24.5% -15.4%
Net income growth (1Y) -10.5% -74.3% 13.3%
Net income CAGR (3Y) -10.9% 24.5% -26.9%
EPS growth (1Y) -5.8% -55.7% 32.5%
EPS CAGR (3Y) -5.1% 27.3% 5.5%
Operating cash flow growth (1Y) 15.5% -39.7% 20.0%
Operating cash flow CAGR (3Y) 5.0% -21.4% 22.8%
Free cash flow growth (1Y) 13.2% -39.7% 31.6%
Free cash flow CAGR (3Y) 5.2% -21.4% 30.6%

Profitability

14 metrics
MetricIMONEWHPLUG
Gross margin – – -18.5%
EBITDA margin 15.6% – -168.2%
Operating margin – – -172.8%
Pretax margin 10.5% – -229.0%
Net margin 8.0% – -220.6%
FCF margin 9.7% – -75.3%
Operating cash flow margin 13.8% – -64.9%
Return on equity 17.9% – -251.3%
Return on assets 9.1% -439.4% -75.0%
Return on invested capital 15.4% – -188.4%
Return on capital employed 15.2% -443.1% -72.0%
Asset turnover 1.1x – 0.3x
Cash conversion (OCF / net income) 1.7x 0.7x 0.3x
Stock comp / revenue – – 7.2%

Financial Health

11 metrics
MetricIMONEWHPLUG
Debt / assets 8.3% – 0.0%
Debt / equity 0.2x – 0.0x
Net debt / EBITDA 0.1x – 0.1x
Debt / FCF 0.8x – 0.0x
Liabilities / assets 48.7% 426.6% 73.2%
Equity / assets 51.3% -326.6% 26.8%
Interest coverage 147.4x – -17.9x
Current ratio 1.4x 123.3x 2.3x
Quick ratio 1.1x 114.7x 0.8x
Cash ratio 0.3x 114.7x 0.3x
Altman Z-score 4.67 – -6.07

Shareholder Returns

7 metrics
MetricIMONEWHPLUG
Dividend yield 2.3% – –
Net buyback yield 3.6% – -2.5%
Shareholder yield 5.9% – -2.5%
Payout ratio (earnings) 36.0% – –
Payout ratio (FCF) 29.8% – –
Dividend growth (1Y) 15.1% – –
Dividend CAGR (3Y) 14.8% – –

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.

ConsensusIMONEWHPLUG
Forward P/E 12.6xFY2026 – –
EPS, next fiscal year $10.67FY2026 – $-0.41FY2026
EPS growth, next FY +71.8%FY2026 – –
EPS growth, the year after +6.6% – –
Revenue, next fiscal year $45.71BFY2026 – $799.33MFY2026
Revenue growth, next FY +33.3%FY2026 – +12.6%FY2026
Revenue growth, the year after -8.7% – +28.0%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersIMONEWHPLUG
Held by institutions 26.7% – 58.3%
Institutions holding 413 – 508
Change in shares held, QoQ +6.1% – +8.0%
Institutions buying 185 – 276
Institutions selling 141 – 105
Buyers to sellers 1.31 – 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.

IMONEWHPLUG
IMO 1.00 0.11 0.08
NEWH 0.11 1.00 0.05
PLUG 0.08 0.05 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, IMO, NEWH and PLUG?

Imperial Oil (IMO) is the largest by market capitalisation: Imperial Oil (IMO) $65.02B, NewHydrogen (NEWH) $15.56M, Plug Power (PLUG) $1.91B.

Which company is growing faster?

Plug Power (PLUG) grew revenue fastest over the trailing twelve months: Imperial Oil (IMO) +5.5%, Plug Power (PLUG) +10.6%.

Which company is more profitable?

Imperial Oil (IMO) has the highest net margin (Imperial Oil (IMO) 8.0%, Plug Power (PLUG) -220.6%). On return on invested capital, Imperial Oil (IMO) leads (Imperial Oil (IMO) 15.4%, Plug Power (PLUG) -188.4%).

Which stock has performed better?

Over the past year Imperial Oil (IMO) returned the most: Imperial Oil (IMO) +49.8%, NewHydrogen (NEWH) -50.0%, Plug Power (PLUG) -52.1%. Over five years, Imperial Oil (IMO) compounded fastest (Imperial Oil (IMO) +31.0%/yr, NewHydrogen (NEWH) 0.0%/yr, Plug Power (PLUG) -46.9%/yr). Returns are price only, before dividends.

Which pays a higher dividend?

Only one of these companies pays a dividend: Imperial Oil (IMO) 0.02%, NewHydrogen (NEWH) 0.00%, Plug Power (PLUG) 0.00%. NewHydrogen (NEWH) and Plug Power (PLUG) pays no regular dividend.

Which stock is riskier?

By one-year price volatility, Imperial Oil (IMO) has been the steadiest (Imperial Oil (IMO) 28.7%, NewHydrogen (NEWH) 274.0%, Plug Power (PLUG) 78.1%). Volatility measures how widely the price swings, not the risk of the business.

Which is the better stock, IMO, 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, Imperial Oil (IMO) leads on 7. 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.