Plug Power annual debt-to-assets ratio
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Plug Power Debt-to-Assets Ratio Growth & History (PLUG)
Plug Power's debt-to-assets ratio was 0.11 for fiscal 2025.
View full Plug Power company overviewPlug Power annual debt-to-assets ratio history
| Fiscal year | Period ended | Debt-to-assets ratio | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | 0.11 | 0.00 | +1.02% |
| 2024 | 2024-12-31 | 0.11 | 0.03 | +36.78% |
| 2023 | 2023-12-31 | 0.08 | 0.02 | +26.86% |
| 2022 | 2022-12-31 | 0.07 | 0.02 | +45.53% |
| 2021 | 2021-12-31 | 0.04 | −0.03 | −40.77% |
| 2020 | 2020-12-31 | 0.08 | −0.23 | −75.08% |
| 2019 | 2019-12-31 | 0.30 | −0.11 | −26.99% |
| 2018 | 2018-12-31 | 0.42 | 0.30 | +250.10% |
| 2017 | 2017-12-31 | 0.12 | 0.02 | +20.10% |
| 2016 | 2016-12-31 | 0.10 | — | — |
| 2014 | 2014-12-31 | 0.00 | −0.03 | −92.21% |
| 2013 | 2013-12-31 | 0.04 | −0.03 | −44.20% |
| 2012 | 2012-12-31 | 0.07 | — | — |
| 2010 | 2010-12-31 | 0.00 | — | — |
Plug Power quarterly debt-to-assets ratio
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Q4.12
Q1.13
Q2.13
Q3.13
Q4.13
Q2.14
Q3.14
Q4.14
Q1.15
Q2.15
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Q2.16
Q3.16
Q4.16
Q1.17
Q2.17
Q3.17
Q4.17
Q1.18
Q2.18
Q3.18
Q4.18
Q1.19
Q2.19
Q3.19
Q4.19
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Q2.20
Q4.20
Q1.21
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Q3.21
Q4.21
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Q1.23
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Q1.24
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Q3.24
Q4.24
Q1.25
Q2.25
Q3.25
Q4.25
Q1.26
Q2.26
| Fiscal quarter | Period ended | Debt-to-assets ratio | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | 0.11 | −0.03 | −22.66% |
| Q1 2026 | 2026-03-31 | 0.11 | 0.00 | +2.45% |
| Q4 2025 | 2025-12-31 | 0.11 | 0.00 | +1.02% |
| Q3 2025 | 2025-09-30 | 0.15 | 0.07 | +94.81% |
| Q2 2025 | 2025-06-30 | 0.14 | 0.07 | +83.04% |
| Q1 2025 | 2025-03-31 | 0.11 | 0.03 | +35.98% |
| Q4 2024 | 2024-12-31 | 0.11 | 0.03 | +36.78% |
| Q3 2024 | 2024-09-30 | 0.08 | 0.00 | +1.84% |
| Q2 2024 | 2024-06-30 | 0.08 | 0.01 | +9.77% |
| Q1 2024 | 2024-03-31 | 0.08 | 0.01 | +18.38% |
| Q4 2023 | 2023-12-31 | 0.08 | 0.02 | +26.86% |
| Q3 2023 | 2023-09-30 | 0.07 | 0.02 | +30.87% |
| Q2 2023 | 2023-06-30 | 0.07 | 0.02 | +51.37% |
| Q1 2023 | 2023-03-31 | 0.07 | 0.02 | +51.92% |
| Q4 2022 | 2022-12-31 | 0.07 | 0.02 | +45.53% |
| Q3 2022 | 2022-09-30 | 0.06 | 0.02 | +58.45% |
| Q2 2022 | 2022-06-30 | 0.05 | 0.01 | +45.71% |
| Q1 2022 | 2022-03-31 | 0.04 | 0.02 | +68.33% |
| Q4 2021 | 2021-12-31 | 0.04 | −0.03 | −40.77% |
| Q3 2021 | 2021-09-30 | 0.04 | — | — |
| Q2 2021 | 2021-06-30 | 0.03 | −0.68 | −95.47% |
| Q1 2021 | 2021-03-31 | 0.03 | −0.83 | −96.91% |
| Q4 2020 | 2020-12-31 | 0.08 | −0.23 | −75.08% |
| Q2 2020 | 2020-06-30 | 0.72 | 0.06 | +8.46% |
| Q1 2020 | 2020-03-31 | 0.86 | 0.13 | +18.51% |
| Q4 2019 | 2019-12-31 | 0.30 | −0.11 | −26.99% |
| Q3 2019 | 2019-09-30 | 0.71 | 0.49 | +213.22% |
| Q2 2019 | 2019-06-30 | 0.66 | 0.56 | +581.37% |
| Q1 2019 | 2019-03-31 | 0.73 | 0.63 | +683.95% |
| Q4 2018 | 2018-12-31 | 0.42 | 0.30 | +250.10% |
| Q3 2018 | 2018-09-30 | 0.23 | 0.08 | +57.11% |
| Q2 2018 | 2018-06-30 | 0.10 | −0.01 | −5.21% |
| Q1 2018 | 2018-03-31 | 0.09 | −0.02 | −18.13% |
| Q4 2017 | 2017-12-31 | 0.12 | 0.02 | +20.10% |
| Q3 2017 | 2017-09-30 | 0.15 | 0.04 | +38.10% |
| Q2 2017 | 2017-06-30 | 0.10 | −0.00 | −0.32% |
| Q1 2017 | 2017-03-31 | 0.11 | 0.01 | +4.92% |
| Q4 2016 | 2016-12-31 | 0.10 | — | — |
| Q3 2016 | 2016-09-30 | 0.11 | — | — |
| Q2 2016 | 2016-06-30 | 0.10 | 0.10 | +9269.81% |
| Q1 2016 | 2016-03-31 | 0.11 | 0.11 | +5053.85% |
| Q2 2015 | 2015-06-30 | 0.00 | −0.00 | −74.68% |
| Q1 2015 | 2015-03-31 | 0.00 | — | — |
| Q4 2014 | 2014-12-31 | 0.00 | −0.03 | −92.21% |
| Q3 2014 | 2014-09-30 | 0.00 | −0.03 | −90.08% |
| Q2 2014 | 2014-06-30 | 0.00 | −0.04 | −90.41% |
| Q4 2013 | 2013-12-31 | 0.04 | −0.03 | −44.20% |
| Q3 2013 | 2013-09-30 | 0.04 | — | — |
| Q2 2013 | 2013-06-30 | 0.05 | — | — |
| Q1 2013 | 2013-03-31 | 0.05 | — | — |
| Q4 2012 | 2012-12-31 | 0.07 | — | — |
| Q4 2010 | 2010-12-31 | 0.00 | — | — |
Plug Power debt-to-assets ratio trends
Over the last five fiscal years, Plug Power's debt-to-assets ratio increased from 0.08 to 0.11, a change of 0.04. The latest reported quarter, Q2 2026, shows 0.11.
About the metric
What the debt-to-assets ratio means
The debt-to-assets ratio shows the portion of a company’s reported assets financed with interest-bearing debt. It is a leverage measure and should not be confused with total liabilities divided by assets.
Calculation and source
How debt-to-assets is calculated
TickerStat calculates debt-to-assets as total interest-bearing debt divided by total assets at the same reporting-period end. Periods with missing debt or non-positive assets are omitted. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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