Plug Power (PLUG) Equity Ratio (2010 - 2026)

Plug Power (PLUG) has 17 years of Equity Ratio data on file, last reported at 0.33 in Q1 2026.

• Equity Ratio for Q1 2026 came in at 0.33, down 38.56% year-over-year; the trailing twelve-month figure through Mar 2026 was 0.33 (down 38.56% YoY), and the FY2025 annual result was 0.38, down 24.87% from the prior year.
• Equity Ratio eased to 0.33 in Q1 2026 per PLUG's latest filing, from 0.38 in the prior quarter.
• Over five years, Equity Ratio peaked at 0.77 in Q1 2022 and troughed at 0.33 in Q1 2026.
• A 5-year average of 0.6 and a median of 0.63 in 2024 frame the typical range for Equity Ratio.
• The sharpest annual moves came in 2024 and 2026: Equity Ratio retreated 0.39% in 2024, then plunged 38.56% in 2026.
• A 5-year view of Equity Ratio shows it stood at 0.7 in 2022, then retreated by 16.08% to 0.59 in 2023, then retreated by 15.12% to 0.5 in 2024, then declined by 24.87% to 0.38 in 2025, then slipped by 13.31% to 0.33 in 2026.
• Business Quant data shows PLUG's Equity Ratio at 0.33 in Q1 2026, 0.38 in Q4 2025, and 0.48 in Q3 2025.