Growth Metrics

Plug Power (PLUG) Goodwill (2014 - 2023)

Plug Power (PLUG) reported Goodwill of $248.0 million for Q3 2023, up 7.5% year-over-year from $230.7 million in Q3 2022, and down 0.79% on a QoQ basis from $250.0 million in Q2 2023.

Plug Power (PLUG) has 10 years of Goodwill data on file, last reported at $248.0 million in Q3 2023.

  • Quarterly Goodwill rose 7.5% year-over-year to $248.0 million in Q3 2023, while the trailing twelve-month figure through Sep 2023 was $248.0 million (up 7.5% YoY) and the FY2022 annual result came in at $248.6 million, up 12.78% from the prior year.
  • Goodwill fell to $248.0 million in Q3 2023 per PLUG's latest filing, from $250.0 million in the prior quarter.
  • Across five years, Goodwill topped out at $250.0 million in Q2 2023 and bottomed at $8.6 million in Q3 2019.
  • The 5-year median for Goodwill is $72.1 million (2021), against an average of $125.7 million.
  • The widest annual swing landed in 2019, when Goodwill dropped 8.52%; it then soared 734.56% in 2020.
  • Tracing PLUG's Goodwill over 5 years: stood at $8.8 million in 2019, then soared by 718.67% to $72.4 million in 2020, then soared by 204.52% to $220.4 million in 2021, then grew by 12.78% to $248.6 million in 2022, then fell by 0.23% to $248.0 million in 2023.
  • Per Business Quant, the three latest PLUG Goodwill figures stand at $248.0 million (Q3 2023), $250.0 million (Q2 2023), and $249.9 million (Q1 2023).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Vertiv Holdings 125.39 Bn 122.89 Bn 999.70 Mn
2 Bloom Energy 85.22 Bn 82.75 Bn 225.54 Mn
3 nVent Electric 26.63 Bn 26.44 Bn 445.60 Mn
4 Hubbell 25.22 Bn 24.72 Bn 505.30 Mn
5 Advanced Energy Industries 12.25 Bn 12.25 Bn 200.90 Mn
6 Powell Industries 10.16 Bn 9.61 Bn 87.94 Mn
7 Acuity Inc. (De) 8.82 Bn 8.55 Bn 520.40 Mn
8 EnerSys 8.70 Bn 8.26 Bn 290.87 Mn
9 Plug Power 5.25 Bn 4.87 Bn -21.61 Mn
10 Hayward Holdings 3.01 Bn 2.78 Bn 118.70 Mn

Historic Data

Download Data 🔒
DateValue
Sep 30, 2023 248.02 Mn
Jun 30, 2023 250.00 Mn
Mar 31, 2023 249.90 Mn
Dec 31, 2022 248.61 Mn
Sep 30, 2022 230.72 Mn
Jun 30, 2022 235.03 Mn
Mar 31, 2022 232.03 Mn
Dec 31, 2021 220.44 Mn
Sep 30, 2021 71.86 Mn
Jun 30, 2021 72.08 Mn
Mar 31, 2021 71.96 Mn
Dec 31, 2020 72.39 Mn
Sep 30, 2020 71.82 Mn
Jun 30, 2020 70.26 Mn
Mar 31, 2020 8.67 Mn
Dec 31, 2019 8.84 Mn
Sep 30, 2019 8.61 Mn
Jun 30, 2019 8.96 Mn
Mar 31, 2019 8.89 Mn
Dec 31, 2018 9.02 Mn
Sep 30, 2018 9.16 Mn
Jun 30, 2018 9.21 Mn
Mar 31, 2018 9.71 Mn
Dec 31, 2017 9.45 Mn
Sep 30, 2017 9.31 Mn
Jun 30, 2017 9.01 Mn
Mar 31, 2017 8.42 Mn
Dec 31, 2016 8.29 Mn
Sep 30, 2016 8.84 Mn
Jun 30, 2016 8.76 Mn
Mar 31, 2016 8.83 Mn
Dec 31, 2015 8.48 Mn
Sep 30, 2015 399,000.00
Dec 31, 2014 447,000.00