Growth Metrics

Plug Power (PLUG) Tax Rate (2016 - 2025)

Historic Tax Rate for Plug Power (PLUG) over the last 10 years, with Q3 2025 value amounting to 0.03%.

  • Plug Power's Tax Rate rose 200.0% to 0.03% in Q3 2025 from the same period last year, while for Sep 2025 it was 0.12%, marking a year-over-year increase of 800.0%. This contributed to the annual value of 0.13% for FY2024, which is 4100.0% down from last year.
  • Latest data reveals that Plug Power reported Tax Rate of 0.03% as of Q3 2025, which was up 200.0% from 0.01% recorded in Q2 2025.
  • Over the past 5 years, Plug Power's Tax Rate peaked at 7.75% during Q4 2021, and registered a low of 0.9% during Q3 2022.
  • In the last 5 years, Plug Power's Tax Rate had a median value of 0.15% in 2024 and averaged 0.67%.
  • Per our database at Business Quant, Plug Power's Tax Rate soared by 63500bps in 2021 and then plummeted by -74400bps in 2022.
  • Quarter analysis of 5 years shows Plug Power's Tax Rate stood at 7.75% in 2021, then plummeted by -96bps to 0.31% in 2022, then crashed by -77bps to 0.07% in 2023, then soared by 175bps to 0.19% in 2024, then plummeted by -114bps to 0.03% in 2025.
  • Its last three reported values are 0.03% in Q3 2025, 0.01% for Q2 2025, and 0.19% during Q4 2024.