Plug Power PLUG
NASDAQ PLUG
$1.91 +0.05 (+2.69%)
At close: Sep 29, 2026 · 4:00 PM EDT

Plug Power (PLUG) Goodwill (2014 - 2023)

Updated

Plug Power (PLUG) posted Goodwill of $248.02 million for Q3 2023, up 7.5% from $230.72 million a year earlier but down 0.8% from the prior quarter.

Analysis

Plug Power (PLUG) Goodwill (2014 - 2023) Analysis & Trends

At the end of FY2022, Plug Power's Goodwill came in at $248.61 million, up 12.8% from FY2021.

  • Annual Goodwill has increased for three consecutive years, with a five-year compound annual growth rate of 92.3% (FY2017 to FY2022).
  • In prior years, Plug Power's Goodwill was $220.44 million in FY2021 (+204.5%), $72.4 million in FY2020 (+718.8%), $8.84 million in FY2019 (-2.0%) and $9.02 million in FY2018 (-4.5%).
  • Quarterly Goodwill has run from a low of $8.61 million in Q3 2019 to a high of $250 million in Q2 2023 over five years.
  • On a year-over-year basis, Goodwill has increased in each of the last 14 quarters, with growth averaging 113.5% over the last eight quarters.
  • The strongest year-over-year quarter for Goodwill in the past five years was Q3 2020, with growth of 734.6%; the weakest was Q1 2019, with a decline of 8.5%.
  • According to Business Quant data, Goodwill for the three prior quarters was $250 million (Q2 2023), $249.9 million (Q1 2023) and $248.61 million (Q4 2022).
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Plug Power 2.60 Bn 1.68 Bn -1.68 Mn
2 Rex American Resources 1.41 Bn 57.46 Mn 53.30 Mn
3 Green Plains 1.04 Bn 438.04 Mn 113.03 Mn
4 Montauk Renewables 401.08 Mn 328.86 Mn -
5 Clean Energy Fuels 350.37 Mn -305.43 Mn 30.14 Mn
6 Gevo 331.30 Mn 48.28 Mn 19.80 Mn
7 OPAL Fuels 314.56 Mn 47.17 Mn 24.47 Mn
8 Aemetis 133.29 Mn 117.04 Mn 13.52 Mn
9 Verde Clean Fuels 50.79 Mn -147.69 Mn -
10 Blue Biofuels 35.59 Mn 35.40 Mn -
Historic Data

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 71.90 Mn
Jun 30, 2021 72.10 Mn
Mar 31, 2021 72.00 Mn
Dec 31, 2020 72.40 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
API Access

Plug Power Goodwill API

Pull this series into your own models, spreadsheets and apps with the Business Quant Historical Metrics API. The request below matches the chart above — change the frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.

https://data.businessquant.com/historic?slug=goodwill&ticker=PLUG&period=max&api_key=YOUR_API_KEY