Plug Power (PLUG) Asset Utilization Ratio (2011 - 2026)

Plug Power (PLUG) has 16 years of Asset Utilization Ratio data on file, last reported at 0.3 in Q1 2026.

• Asset Utilization Ratio for Q1 2026 came in at 0.3, up 67.96% year-over-year; the trailing twelve-month figure through Mar 2026 was 0.3 (up 67.96% YoY), and the FY2025 annual result was 0.23, up 54.95% from the prior year.
• Asset Utilization Ratio grew to 0.3 in Q1 2026 per PLUG's latest filing, from 0.25 in the prior quarter.
• Over five years, Asset Utilization Ratio peaked at 0.3 in Q1 2026 and troughed at 0.1 in Q1 2022.
• A 5-year average of 0.16 and a median of 0.16 in 2023 frame the typical range for Asset Utilization Ratio.
• The sharpest annual moves came in 2022 and 2026: Asset Utilization Ratio declined 29.76% in 2022, then soared 67.96% in 2026.
• A 5-year view of Asset Utilization Ratio shows it stood at 0.12 in 2022, then surged by 42.64% to 0.17 in 2023, then declined by 12.28% to 0.15 in 2024, then surged by 64.96% to 0.25 in 2025, then rose by 19.67% to 0.3 in 2026.
• Business Quant data shows PLUG's Asset Utilization Ratio at 0.3 in Q1 2026, 0.25 in Q4 2025, and 0.21 in Q3 2025.