Plug Power (PLUG) Return on Invested Capital (2016 - 2026)

Plug Power (PLUG) has 9 years of Return on Invested Capital data on file, last reported at 0.15% in Q1 2026.

• On a quarterly basis, Return on Invested Capital rose 5.0% year-over-year to 0.15% in Q1 2026; TTM through Mar 2026 was 0.15%, a 5.0% increase from a year earlier, with the FY2025 full-year figure at 0.19%, up 23.0% from the prior year.
• Return on Invested Capital for Q1 2026 stood at 0.15%, up from 0.16% in the prior quarter.
• Over the last five years, Return on Invested Capital for PLUG reached as high as 0.06% in Q1 2022 and fell as low as 1.42% in Q2 2024.
• Historically, Return on Invested Capital has averaged 0.55% across 5 years, with a median of 0.37% in 2024.
• Across the five-year window, Return on Invested Capital tumbled 78 bps in 2024 and surged 122 bps in 2025, its largest moves.
• Year by year, Return on Invested Capital stood at 0.42% in 2022, then sank by 161 bps to 1.09% in 2023, then soared by 66 bps to 0.37% in 2024, then jumped by 56 bps to 0.16% in 2025, then increased by 8 bps to 0.15% in 2026.
• Per Business Quant data, the three most recent Return on Invested Capital figures were 0.15% in Q1 2026, 0.16% in Q4 2025, and 0.2% in Q3 2025.