Plug Power (PLUG) Goodwill (2014 - 2023)
Plug Power (PLUG) posted quarterly Goodwill of $248.0 million for Q3 2023, down 0.78% quarter-over-quarter from $250.0 million in Q2 2023.
Plug Power (PLUG) Goodwill (2014 - 2023) Analysis & Trends
Plug Power (PLUG) has reported Goodwill for 10 consecutive years, with $248.0 million the latest figure, recorded in Q3 2023.
- In Q3 2023, Goodwill changed N/A year-over-year to $248.0 million; the TTM figure through Sep 2023 stood at $248.0 million (changed N/A YoY), while the FY2022 annual figure was $248.6 million, up 12.78% from the prior year.
- Goodwill slipped 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 $700000.0 in Q4 2020.
- Historically, Goodwill has averaged $103.8 million across 5 years, with a median of $71.9 million in 2020.
- Annual changes were most pronounced in 2020 — Goodwill sank 92.08% — and 2021, when it surged 31390.86%.
- Plug Power's Goodwill stood at $8.8 million in 2019, then tumbled by 92.08% to $700000.0 in 2020, then soared by 31390.86% to $220.4 million in 2021, then increased by 12.78% to $248.6 million in 2022, then fell 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 | Vertiv Holdings | 101.35 Bn | 98.24 Bn | 1.23 Bn |
| 2 | Bloom Energy | 58.17 Bn | 55.50 Bn | 355.57 Mn |
| 3 | nVent Electric | 24.99 Bn | 24.74 Bn | 558.00 Mn |
| 4 | Hubbell | 24.90 Bn | 24.51 Bn | 613.00 Mn |
| 5 | Advanced Energy Industries | 11.37 Bn | 9.96 Bn | 236.10 Mn |
| 6 | Acuity Inc. (De) | 10.36 Bn | 9.95 Bn | 606.40 Mn |
| 7 | Powell Industries | 7.22 Bn | 6.58 Bn | 95.30 Mn |
| 8 | EnerSys | 6.93 Bn | 6.40 Bn | 313.36 Mn |
| 9 | Hayward Holdings | 3.18 Bn | 2.70 Bn | 155.05 Mn |
| 10 | Plug Power | 3.05 Bn | 2.74 Bn | -1.68 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Sep 30, 2023 | 248.02 Mn |
| Jun 30, 2023 | 249.97 Mn |
| Mar 31, 2023 | 249.90 Mn |
| Dec 31, 2022 | 248.60 Mn |
| Jun 30, 2022 | 235.03 Mn |
| Mar 31, 2022 | 12.94 Mn |
| Dec 31, 2021 | 220.44 Mn |
| Sep 30, 2021 | 71.90 Mn |
| Jun 30, 2021 | 72.08 Mn |
| Mar 31, 2021 | 71.96 Mn |
| Dec 31, 2020 | 700,000.00 |
| 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 |