Plug Power (PLUG) Goodwill (2014 - 2023)
Plug Power (PLUG) posted Goodwill of $248.02 million for Q3 2023, up 7.5% from $230.72 million a year earlier but down 0.8% from the prior quarter.
Analysis
Plug Power (PLUG) Goodwill (2014 - 2023) Analysis & Trends
At the end of FY2022, Plug Power's Goodwill came in at $248.61 million, up 12.8% from FY2021.
- Annual Goodwill has increased for three consecutive years, with a five-year compound annual growth rate of 92.3% (FY2017 to FY2022).
- In prior years, Plug Power's Goodwill was $220.44 million in FY2021 (+204.5%), $72.4 million in FY2020 (+718.8%), $8.84 million in FY2019 (-2.0%) and $9.02 million in FY2018 (-4.5%).
- Quarterly Goodwill has run from a low of $8.61 million in Q3 2019 to a high of $250 million in Q2 2023 over five years.
- On a year-over-year basis, Goodwill has increased in each of the last 14 quarters, with growth averaging 113.5% over the last eight quarters.
- The strongest year-over-year quarter for Goodwill in the past five years was Q3 2020, with growth of 734.6%; the weakest was Q1 2019, with a decline of 8.5%.
- According to Business Quant data, Goodwill for the three prior quarters was $250 million (Q2 2023), $249.9 million (Q1 2023) and $248.61 million (Q4 2022).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Plug Power | 1.94 Bn | 1.02 Bn | -1.68 Mn |
| 2 | Rex American Resources | 1.36 Bn | -91.67 Mn | 53.30 Mn |
| 3 | Green Plains | 996.94 Mn | 397.62 Mn | 113.03 Mn |
| 4 | Montauk Renewables | 294.37 Mn | 222.15 Mn | - |
| 5 | Clean Energy Fuels | 294.04 Mn | -367.10 Mn | 30.14 Mn |
| 6 | Gevo | 270.24 Mn | -20.57 Mn | 19.80 Mn |
| 7 | Aemetis | 93.21 Mn | 76.97 Mn | 13.52 Mn |
| 8 | OPAL Fuels | 44.76 Mn | -234.18 Mn | 24.47 Mn |
| 9 | Blue Biofuels | 30.19 Mn | 30.00 Mn | - |
| 10 | Verde Clean Fuels | 22.51 Mn | -201.88 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| 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 | 71.90 Mn |
| Jun 30, 2021 | 72.10 Mn |
| Mar 31, 2021 | 72.00 Mn |
| Dec 31, 2020 | 72.40 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 |
API Access
Plug Power Goodwill API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=goodwill&ticker=PLUG&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "goodwill", "ticker": "PLUG", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=goodwill&ticker=PLUG&period=max&api_key=YOUR_API_KEY");
const data = await res.json();