Growth Metrics

Plug Power (PLUG) Tax Rate (2018 - 2025)

Plug Power (PLUG) has disclosed Tax Rate for 10 consecutive years, with 0.03% as the latest value for Q4 2025.

  • Quarterly Tax Rate rose 1.0% to 0.03% in Q4 2025 from the year-ago period, while the trailing twelve-month figure was 0.02% through Dec 2025, changed 0.0% year-over-year, with the annual reading at 0.02% for FY2025, 0.0% changed from the prior year.
  • Tax Rate for Q4 2025 was 0.03% at Plug Power, down from 0.03% in the prior quarter.
  • The five-year high for Tax Rate was 7.75% in Q4 2021, with the low at 1.26% in Q4 2023.
  • Average Tax Rate over 5 years is 0.53%, with a median of 0.02% recorded in 2025.
  • The sharpest move saw Tax Rate skyrocketed 635bps in 2021, then crashed -745bps in 2022.
  • Over 5 years, Tax Rate stood at 7.75% in 2021, then crashed by -96bps to 0.29% in 2022, then tumbled by -527bps to 1.26% in 2023, then skyrocketed by 97bps to 0.04% in 2024, then soared by 33bps to 0.03% in 2025.
  • According to Business Quant data, Tax Rate over the past three periods came in at 0.03%, 0.03%, and 0.01% for Q4 2025, Q3 2025, and Q2 2025 respectively.