Growth Metrics

Plug Power (PLUG) Return on Capital Employed (2016 - 2025)

Plug Power (PLUG) has disclosed Return on Capital Employed for 15 consecutive years, with 0.66% as the latest value for Q4 2025.

  • On a quarterly basis, Return on Capital Employed fell 53.0% to 0.66% in Q4 2025 year-over-year; TTM through Dec 2025 was 0.66%, a 53.0% decrease, with the full-year FY2025 number at 0.59%, down 46.0% from a year prior.
  • Return on Capital Employed was 0.66% for Q4 2025 at Plug Power, down from 0.18% in the prior quarter.
  • In the past five years, Return on Capital Employed ranged from a high of 0.07% in Q4 2023 to a low of 0.66% in Q4 2025.
  • A 5-year average of 0.15% and a median of 0.13% in 2022 define the central range for Return on Capital Employed.
  • Peak YoY movement for Return on Capital Employed: grew 27bps in 2021, then crashed -53bps in 2025.
  • Plug Power's Return on Capital Employed stood at 0.08% in 2021, then crashed by -63bps to 0.13% in 2022, then surged by 48bps to 0.07% in 2023, then crashed by -89bps to 0.13% in 2024, then plummeted by -406bps to 0.66% in 2025.
  • Per Business Quant, the three most recent readings for PLUG's Return on Capital Employed are 0.66% (Q4 2025), 0.18% (Q3 2025), and 0.11% (Q2 2025).