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% quarter-over-quarter from $250.0 million in Q2 2023.
Plug Power (PLUG) Goodwill (2014 - 2023) Analysis & Trends
Plug Power (PLUG) has 10 years of Goodwill data on file, last reported at $248.0 million in Q3 2023.
- Goodwill for Q3 2023 came in at $248.0 million, up 7.5% year-over-year; the trailing twelve-month figure through Sep 2023 was $248.0 million (up 7.5% YoY), and the FY2022 annual result was $248.6 million, up 12.78% from the prior year.
- Goodwill declined to $248.0 million in Q3 2023 per PLUG's latest filing, from $250.0 million in the prior quarter.
- Over five years, Goodwill peaked at $250.0 million in Q2 2023 and troughed at $8.6 million in Q3 2019.
- A 5-year average of $125.7 million and a median of $72.1 million in 2021 frame the typical range for Goodwill.
- The sharpest annual moves came in 2019 and 2020: Goodwill fell 8.52% in 2019, then surged 734.56% in 2020.
- A 5-year view of Goodwill shows it stood at $8.8 million in 2019, then surged by 718.67% to $72.4 million in 2020, then surged by 204.52% to $220.4 million in 2021, then rose by 12.78% to $248.6 million in 2022, then decreased by 0.23% to $248.0 million in 2023.
- Business Quant data shows PLUG's Goodwill at $248.0 million in Q3 2023, $250.0 million in Q2 2023, and $249.9 million in Q1 2023.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Novonix | 479.97 Bn | 479.92 Bn | - |
| 2 | Vertiv Holdings | 114.69 Bn | 112.19 Bn | 999.70 Mn |
| 3 | Bloom Energy | 79.53 Bn | 77.06 Bn | 225.54 Mn |
| 4 | nVent Electric | 27.08 Bn | 26.89 Bn | 445.60 Mn |
| 5 | Hubbell | 26.67 Bn | 26.16 Bn | 505.30 Mn |
| 6 | Advanced Energy Industries | 13.19 Bn | 13.19 Bn | 200.90 Mn |
| 7 | Powell Industries | 10.63 Bn | 10.09 Bn | 87.94 Mn |
| 8 | Ballard Power Systems | 10.07 Bn | 9.54 Bn | 5.64 Mn |
| 9 | Acuity Inc. (De) | 9.39 Bn | 9.12 Bn | 520.40 Mn |
| 10 | Plug Power | 3.75 Bn | 3.37 Bn | -21.61 Mn |
Historic Data
Download 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 | 71.86 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 |