Growth Metrics

Plug Power (PLUG) Asset Utilization Ratio (2016 - 2025)

Plug Power (PLUG) has disclosed Asset Utilization Ratio for 15 consecutive years, with 0.25 as the latest value for Q4 2025.

  • On a quarterly basis, Asset Utilization Ratio rose 64.96% to 0.25 in Q4 2025 year-over-year; TTM through Dec 2025 was 0.25, a 64.96% increase, with the full-year FY2025 number at 0.23, up 54.95% from a year prior.
  • Asset Utilization Ratio was 0.25 for Q4 2025 at Plug Power, up from 0.21 in the prior quarter.
  • In the past five years, Asset Utilization Ratio ranged from a high of 0.25 in Q4 2025 to a low of 0.03 in Q1 2021.
  • A 5-year average of 0.13 and a median of 0.14 in 2024 define the central range for Asset Utilization Ratio.
  • Peak YoY movement for Asset Utilization Ratio: crashed 91.99% in 2021, then skyrocketed 231.5% in 2022.
  • Plug Power's Asset Utilization Ratio stood at 0.09 in 2021, then skyrocketed by 40.44% to 0.12 in 2022, then soared by 42.64% to 0.17 in 2023, then fell by 12.28% to 0.15 in 2024, then soared by 64.96% to 0.25 in 2025.
  • Per Business Quant, the three most recent readings for PLUG's Asset Utilization Ratio are 0.25 (Q4 2025), 0.21 (Q3 2025), and 0.19 (Q2 2025).