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Asset Utilization RatioAssets AverageDebt RatioDebt to EquityEBIT MarginEBITDA MarginEBT MarginEnterprise ValueEquity AverageEquity RatioFCF MarginGross MarginInterest Coverage RatioInventory AverageInvested CapitalNet MarginOperating MarginReturn on AssetsReturn on Capital EmployedReturn on EquityReturn on Invested CapitalReturn on SalesTimes Interest Earned

Plug Power (PLUG) Invested Capital (2016 - 2025)

Plug Power (PLUG) has disclosed Invested Capital for 16 consecutive years, with $1.0 billion as the latest value for Q4 2025.

  • On a quarterly basis, Invested Capital fell 44.71% to $1.0 billion in Q4 2025 year-over-year; TTM through Dec 2025 was $1.0 billion, a 44.71% decrease, with the full-year FY2025 number at $1.0 billion, down 44.71% from a year prior.
  • Invested Capital was $1.0 billion for Q4 2025 at Plug Power, down from $1.5 billion in the prior quarter.
  • In the past five years, Invested Capital ranged from a high of $4.9 billion in Q1 2021 to a low of $1.0 billion in Q4 2025.
  • A 5-year average of $3.4 billion and a median of $3.6 billion in 2023 define the central range for Invested Capital.
  • Peak YoY movement for Invested Capital: soared 2314.12% in 2021, then tumbled 48.95% in 2025.
  • Plug Power's Invested Capital stood at $4.8 billion in 2021, then decreased by 11.36% to $4.3 billion in 2022, then dropped by 27.3% to $3.1 billion in 2023, then plummeted by 39.71% to $1.9 billion in 2024, then tumbled by 44.71% to $1.0 billion in 2025.
  • Per Business Quant, the three most recent readings for PLUG's Invested Capital are $1.0 billion (Q4 2025), $1.5 billion (Q3 2025), and $1.9 billion (Q2 2025).