Growth Metrics

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

Historic Asset Utilization Ratio for Plug Power (PLUG) over the last 17 years, with Q3 2025 value amounting to 0.21.

  • Plug Power's Asset Utilization Ratio rose 5088.39% to 0.21 in Q3 2025 from the same period last year, while for Sep 2025 it was 0.21, marking a year-over-year increase of 5088.39%. This contributed to the annual value of 0.15 for FY2024, which is 1152.56% down from last year.
  • Per Plug Power's latest filing, its Asset Utilization Ratio stood at 0.21 for Q3 2025, which was up 5088.39% from 0.19 recorded in Q2 2025.
  • In the past 5 years, Plug Power's Asset Utilization Ratio registered a high of 0.21 during Q3 2025, and its lowest value of 0.09 during Q4 2021.
  • Its 5-year average for Asset Utilization Ratio is 0.14, with a median of 0.14 in 2024.
  • Its Asset Utilization Ratio has fluctuated over the past 5 years, first tumbled by 7047.14% in 2021, then soared by 5109.47% in 2023.
  • Quarter analysis of 5 years shows Plug Power's Asset Utilization Ratio stood at 0.09 in 2021, then soared by 40.44% to 0.12 in 2022, then skyrocketed by 42.64% to 0.17 in 2023, then decreased by 12.28% to 0.15 in 2024, then surged by 38.65% to 0.21 in 2025.
  • Its last three reported values are 0.21 in Q3 2025, 0.19 for Q2 2025, and 0.18 during Q1 2025.