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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) Return on Invested Capital (2016 - 2025)

Plug Power (PLUG) has disclosed Return on Invested Capital for 8 consecutive years, with 1.14% as the latest value for Q4 2025.

  • On a quarterly basis, Return on Invested Capital fell 96.0% to 1.14% in Q4 2025 year-over-year; TTM through Dec 2025 was 1.14%, a 96.0% decrease, with the full-year FY2025 number at 1.01%, down 83.0% from a year prior.
  • Return on Invested Capital was 1.14% for Q4 2025 at Plug Power, down from 0.25% in the prior quarter.
  • In the past five years, Return on Invested Capital ranged from a high of 0.09% in Q4 2023 to a low of 1.14% in Q4 2025.
  • A 5-year average of 0.2% and a median of 0.15% in 2021 define the central range for Return on Invested Capital.
  • Peak YoY movement for Return on Invested Capital: soared 41bps in 2021, then tumbled -96bps in 2025.
  • Plug Power's Return on Invested Capital stood at 0.09% in 2021, then tumbled by -77bps to 0.16% in 2022, then skyrocketed by 44bps to 0.09% in 2023, then plummeted by -107bps to 0.18% in 2024, then plummeted by -530bps to 1.14% in 2025.
  • Per Business Quant, the three most recent readings for PLUG's Return on Invested Capital are 1.14% (Q4 2025), 0.25% (Q3 2025), and 0.15% (Q2 2025).