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| 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 |
| 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 |