Plug Power (PLUG) Return on Capital Employed (2011 - 2026)

Plug Power (PLUG) has 16 years of Return on Capital Employed data on file, last reported at 72.06% in Q1 2026.

• On a quarterly basis, Return on Capital Employed fell 354.0% year-over-year to 72.06% in Q1 2026; TTM through Mar 2026 was 72.06%, a 354.0% decrease from a year earlier, with the FY2025 full-year figure at 58.98%, down 134.0% from the prior year.
• Return on Capital Employed for Q1 2026 stood at 72.06%, down from 65.54% in the prior quarter.
• Over the last five years, Return on Capital Employed for PLUG reached as high as 9.57% in Q1 2022 and fell as low as 86.12% in Q3 2025.
• Historically, Return on Capital Employed has averaged 38.65% across 5 years, with a median of 33.95% in 2024.
• Across the five-year window, Return on Capital Employed surged 629 bps in 2022 and plunged 5217 bps in 2025, its largest moves.
• Year by year, Return on Capital Employed stood at 13.13% in 2022, then plunged by 143 bps to 31.89% in 2023, then sank by 85 bps to 59.14% in 2024, then fell by 11 bps to 65.54% in 2025, then fell by 10 bps to 72.06% in 2026.
• Per Business Quant data, the three most recent Return on Capital Employed figures were 72.06% in Q1 2026, 65.54% in Q4 2025, and 86.12% in Q3 2025.