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.
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 Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROS (Qtr) |
|---|---|---|---|---|---|
| 1 | Plug Power | 2.65 Bn | 1.74 Bn | -1.68 Mn | -35.96% |
| 2 | Rex American Resources | 1.44 Bn | 80.02 Mn | 53.30 Mn | 22.36% |
| 3 | Green Plains | 1.07 Bn | 468.18 Mn | 113.03 Mn | 15.21% |
| 4 | Montauk Renewables | 411.11 Mn | 338.89 Mn | - | -0.14% |
| 5 | Clean Energy Fuels | 343.76 Mn | -312.04 Mn | 30.14 Mn | -4.82% |
| 6 | Gevo | 323.88 Mn | 40.86 Mn | 19.80 Mn | -369.25% |
| 7 | OPAL Fuels | 304.08 Mn | 36.68 Mn | 24.47 Mn | -3.61% |
| 8 | Aemetis | 123.92 Mn | 107.68 Mn | 13.52 Mn | 9.21% |
| 9 | Verde Clean Fuels | 48.56 Mn | -149.91 Mn | - | - |
| 10 | Blue Biofuels | 32.35 Mn | 32.16 Mn | - | - |
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% |
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_KEY
import 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();