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
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