Growth Metrics

Plug Power (PLUG) EBIT Margin (2016 - 2025)

Plug Power (PLUG) has disclosed EBIT Margin for 16 consecutive years, with 338.87% as the latest value for Q4 2025.

  • On a quarterly basis, EBIT Margin fell 48388.0% to 338.87% in Q4 2025 year-over-year; TTM through Dec 2025 was 206.7%, a 13631.0% decrease, with the full-year FY2025 number at 206.7%, down 13631.0% from a year prior.
  • EBIT Margin was 338.87% for Q4 2025 at Plug Power, down from 196.99% in the prior quarter.
  • In the past five years, EBIT Margin ranged from a high of 192.91% in Q4 2023 to a low of 338.87% in Q4 2025.
  • A 5-year average of 99.48% and a median of 100.74% in 2023 define the central range for EBIT Margin.
  • Peak YoY movement for EBIT Margin: crashed -51361bps in 2021, then skyrocketed 29880bps in 2023.
  • Plug Power's EBIT Margin stood at 123.99% in 2021, then grew by 15bps to 105.89% in 2022, then soared by 282bps to 192.91% in 2023, then fell by -25bps to 145.01% in 2024, then crashed by -334bps to 338.87% in 2025.
  • Per Business Quant, the three most recent readings for PLUG's EBIT Margin are 338.87% (Q4 2025), 196.99% (Q3 2025), and 101.71% (Q2 2025).