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Asset Utilization RatioAssets AverageDebt RatioDebt to EquityEBIT MarginEBITDA MarginEBT MarginEnterprise ValueEquity AverageEquity RatioFCF MarginGross MarginInterest Coverage RatioInventory AverageInvested CapitalNet MarginOperating MarginReturn on AssetsReturn on Capital EmployedReturn on EquityReturn on Invested CapitalReturn on SalesTimes Interest Earned

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

Plug Power (PLUG) has disclosed FCF Margin for 16 consecutive years, with 64.82% as the latest value for Q4 2025.

  • On a quarterly basis, FCF Margin fell 10387.0% to 64.82% in Q4 2025 year-over-year; TTM through Dec 2025 was 79.12%, a 4426.0% increase, with the full-year FY2025 number at 79.12%, up 4426.0% from a year prior.
  • FCF Margin was 64.82% for Q4 2025 at Plug Power, down from 62.63% in the prior quarter.
  • In the past five years, FCF Margin ranged from a high of 39.04% in Q4 2024 to a low of 396.9% in Q4 2023.
  • A 5-year average of 126.33% and a median of 131.89% in 2021 define the central range for FCF Margin.
  • Peak YoY movement for FCF Margin: plummeted -24011bps in 2023, then soared 43595bps in 2024.
  • Plug Power's FCF Margin stood at 38.01% in 2021, then plummeted by -513bps to 156.79% in 2022, then crashed by -153bps to 396.9% in 2023, then skyrocketed by 110bps to 39.04% in 2024, then tumbled by -266bps to 64.82% in 2025.
  • Per Business Quant, the three most recent readings for PLUG's FCF Margin are 64.82% (Q4 2025), 62.63% (Q3 2025), and 111.29% (Q2 2025).