Plug Power PLUG
NASDAQ PLUG
$2.20 -0.05 (-2.22%)
At close: Aug 20, 2026 · 4:00 PM EDT

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
DateValue
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