Plug Power (PLUG) Depreciation & Amortization - Total (2020 - 2024)
Plug Power (PLUG) reported Depreciation & Amortization - Total of $5.5 million for Q4 2024, down 46.6% year-over-year from $10.3 million in Q1 2024, and down 56.35% quarter-over-quarter from $12.6 million in Q3 2024.
Plug Power (PLUG) Depreciation & Amortization - Total (2020 - 2024) Analysis & Trends
Plug Power (PLUG) has 5 years of Depreciation & Amortization - Total data on file, last reported at $5.5 million in Q4 2024.
- Depreciation & Amortization - Total for Q4 2024 came in at $5.5 million, down 46.6% year-over-year; the trailing twelve-month figure through Sep 2025 was $5.5 million (down 88.45% YoY), and the FY2025 annual result was $25.4 million, down 40.65% from the prior year.
- Depreciation & Amortization - Total fell to $5.5 million in Q4 2024 per PLUG's latest filing, from $12.6 million in the prior quarter.
- Over five years, Depreciation & Amortization - Total peaked at $13.1 million in Q2 2024 and troughed at $900000.0 in Q1 2020.
- A 5-year average of $5.3 million and a median of $5.4 million in 2022 frame the typical range for Depreciation & Amortization - Total.
- The sharpest annual moves came in 2022 and 2024: Depreciation & Amortization - Total jumped 243.75% in 2022, then sank 46.6% in 2024.
- A 5-year view of Depreciation & Amortization - Total shows it stood at $1.6 million in 2020, then gained by 6.25% to $1.7 million in 2021, then soared by 223.53% to $5.5 million in 2022, then jumped by 87.27% to $10.3 million in 2023, then slumped by 46.6% to $5.5 million in 2024.
- Business Quant data shows PLUG's Depreciation & Amortization - Total at $5.5 million in Q4 2024, $12.6 million in Q3 2024, and $13.1 million in Q2 2024.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Dep. & Amort. (Tot) (Qtr) |
|---|---|---|---|---|---|
| 1 | Novonix | 479.97 Bn | 479.92 Bn | - | - |
| 2 | Vertiv Holdings | 114.69 Bn | 112.19 Bn | 999.70 Mn | - |
| 3 | Bloom Energy | 79.53 Bn | 77.06 Bn | 225.54 Mn | - |
| 4 | nVent Electric | 27.08 Bn | 26.89 Bn | 445.60 Mn | - |
| 5 | Hubbell | 26.67 Bn | 26.16 Bn | 505.30 Mn | - |
| 6 | Advanced Energy Industries | 13.19 Bn | 13.19 Bn | 200.90 Mn | - |
| 7 | Powell Industries | 10.63 Bn | 10.09 Bn | 87.94 Mn | - |
| 8 | Ballard Power Systems | 10.07 Bn | 9.54 Bn | 5.64 Mn | - |
| 9 | Acuity Inc. (De) | 9.39 Bn | 9.12 Bn | 520.40 Mn | - |
| 10 | Plug Power | 3.75 Bn | 3.37 Bn | -21.61 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2024 | 5.50 Mn |
| Sep 30, 2024 | 12.60 Mn |
| Jun 30, 2024 | 13.10 Mn |
| Mar 31, 2024 | 11.60 Mn |
| Dec 31, 2023 | 10.30 Mn |
| Sep 30, 2023 | 10.20 Mn |
| Jun 30, 2023 | 7.30 Mn |
| Mar 31, 2023 | 5.50 Mn |
| Dec 31, 2022 | 5.50 Mn |
| Sep 30, 2022 | 5.40 Mn |
| Jun 30, 2022 | 5.50 Mn |
| Mar 31, 2022 | 2.60 Mn |
| Dec 31, 2021 | 1.70 Mn |
| Sep 30, 2021 | 1.90 Mn |
| Jun 30, 2021 | 1.60 Mn |
| Mar 31, 2021 | 1.60 Mn |
| Dec 31, 2020 | 1.60 Mn |
| Sep 30, 2020 | 1.40 Mn |
| Jun 30, 2020 | 900,000.00 |
| Mar 31, 2020 | 900,000.00 |