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.

• On a quarterly basis, Asset Utilization Ratio rose 67.96% year-over-year to 0.3 in Q1 2026; TTM through Mar 2026 was 0.3, a 67.96% increase from a year earlier, with the FY2025 full-year figure at 0.23, up 54.95% from the prior year.
• Asset Utilization Ratio for Q1 2026 stood at 0.3, up from 0.25 in the prior quarter.
• Over the last five years, Asset Utilization Ratio for PLUG reached as high as 0.3 in Q1 2026 and fell as low as 0.1 in Q1 2022.
• Historically, Asset Utilization Ratio has averaged 0.16 across 5 years, with a median of 0.16 in 2023.
• Across the five-year window, Asset Utilization Ratio slipped 29.76% in 2022 and jumped 67.96% in 2026, its largest moves.
• Year by year, Asset Utilization Ratio stood at 0.12 in 2022, then surged by 42.64% to 0.17 in 2023, then decreased by 12.28% to 0.15 in 2024, then surged by 64.96% to 0.25 in 2025, then climbed by 19.67% to 0.3 in 2026.
• Per Business Quant data, the three most recent Asset Utilization Ratio figures were 0.3 in Q1 2026, 0.25 in Q4 2025, and 0.21 in Q3 2025.