Plug Power (PLUG) Return on Sales [ROS] (2010 - 2026)
Plug Power (PLUG) recorded Return on Sales [ROS] of -35.96% in Q2 2026, up 65.76 percentage points from -101.71% a year earlier and up 31.01 percentage points from the prior quarter.
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Analysis
Plug Power (PLUG) Return on Sales [ROS] (2010 - 2026) Analysis & Trends
On a TTM basis, Plug Power's Return on Sales [ROS] came in at -172.77% as of Jun 30, 2026, up 105.32 percentage points year-over-year; for FY2025, it came in at -206.70%, up 114.52 percentage points from FY2024.
- Annual Return on Sales [ROS] has a five-year change of +419.88 percentage points (FY2020 to FY2025).
- Across earlier years, Return on Sales [ROS] came in at -321.21% in FY2024 (-170.48 pp), -150.73% in FY2023 (-53.85 pp), -96.88% in FY2022 (-9.82 pp) and -87.06% in FY2021 (+539.52 pp).
- The Q2 2026 figure is the highest quarterly Return on Sales [ROS] since Q4 2019.
- On a year-over-year basis, Return on Sales [ROS] has increased for three consecutive quarters, with an average year-over-year change of +20.90 percentage points over the last eight quarters.
- Peak year-over-year performance for Return on Sales [ROS] in the last five years was a gain of 339.88 percentage points in Q4 2025, against a drop of 397.01 percentage points in Q4 2024 at the low end.
- Per Business Quant, the preceding three quarters came in at -66.96% (Q1 2026), -338.87% (Q4 2025) and -196.99% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROS (Qtr) |
|---|---|---|---|---|---|
| 1 | Plug Power | 2.02 Bn | 1.10 Bn | -1.68 Mn | -35.96% |
| 2 | Rex American Resources | 1.30 Bn | -151.40 Mn | 53.30 Mn | 22.36% |
| 3 | Green Plains | 913.32 Mn | 313.99 Mn | 113.03 Mn | 15.21% |
| 4 | Clean Energy Fuels | 418.85 Mn | -150.40 Mn | 41.24 Mn | 0.86% |
| 5 | Montauk Renewables | 384.61 Mn | 312.39 Mn | - | -0.14% |
| 6 | Gevo | 328.32 Mn | 37.51 Mn | 19.80 Mn | -369.25% |
| 7 | Aemetis | 116.73 Mn | 102.70 Mn | 29.47 Mn | 23.65% |
| 8 | OPAL Fuels | 42.98 Mn | -235.96 Mn | 24.47 Mn | -3.61% |
| 9 | Blue Biofuels | 36.30 Mn | 36.11 Mn | - | - |
| 10 | NewHydrogen | 22.13 Mn | 18.93 Mn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -35.96% |
| Mar 31, 2026 | -66.96% |
| Dec 31, 2025 | -338.87% |
| Sep 30, 2025 | -196.99% |
| Jun 30, 2025 | -101.71% |
| Mar 31, 2025 | -133.50% |
| Dec 31, 2024 | -678.75% |
| Sep 30, 2024 | -124.43% |
| Jun 30, 2024 | -170.68% |
| Mar 31, 2024 | -215.70% |
| Dec 31, 2023 | -281.74% |
| Sep 30, 2023 | -137.87% |
| Jun 30, 2023 | -89.88% |
| Mar 31, 2023 | -99.77% |
| Dec 31, 2022 | -105.89% |
| Sep 30, 2022 | -84.69% |
| Jun 30, 2022 | -97.12% |
| Mar 31, 2022 | -98.83% |
| Dec 31, 2021 | -123.99% |
| Sep 30, 2021 | -68.55% |
API Access
Plug Power Return on Sales [ROS] API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=return-on-sales-%5Bros%5D&ticker=PLUG&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-sales-[ros]", "ticker": "PLUG", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=return-on-sales-%5Bros%5D&ticker=PLUG&period=max&api_key=YOUR_API_KEY");
const data = await res.json();