Plug Power annual return on equity
2010
2011
2012
2014
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2021
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2024
2025
Plug Power Return on Equity (ROE) Growth & History (PLUG)
Plug Power's return on equity was −120.31% for fiscal 2025.
View full Plug Power company overviewPlug Power annual return on equity history
| Fiscal year | Period ended | Return on equity | Change (percentage points) |
|---|---|---|---|
| 2025 | 2025-12-31 | −120.31% | −29.44 pp |
| 2024 | 2024-12-31 | −90.87% | −51.53 pp |
| 2023 | 2023-12-31 | −39.34% | −22.63 pp |
| 2022 | 2022-12-31 | −16.71% | −1.56 pp |
| 2021 | 2021-12-31 | −15.15% | +59.52 pp |
| 2020 | 2020-12-31 | −74.67% | +57.93 pp |
| 2019 | 2019-12-31 | −132.59% | +124.33 pp |
| 2018 | 2018-12-31 | −256.92% | −93.28 pp |
| 2017 | 2017-12-31 | −163.64% | −108.84 pp |
| 2016 | 2016-12-31 | −54.80% | −15.44 pp |
| 2015 | 2015-12-31 | −39.35% | +86.69 pp |
| 2014 | 2014-12-31 | −126.04% | — |
| 2012 | 2012-12-31 | −144.61% | −68.29 pp |
| 2011 | 2011-12-31 | −76.32% | −4.72 pp |
| 2010 | 2010-12-31 | −71.59% | — |
Plug Power quarterly return on equity
Q2.11
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Q2.12
Q3.12
Q4.12
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Q4.14
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Q2.15
Q3.15
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Q2.16
Q3.16
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Q1.17
Q2.17
Q3.17
Q4.17
Q1.18
Q2.18
Q3.18
Q4.18
Q4.19
Q1.20
Q2.20
Q3.20
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Q1.21
Q2.21
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Q1.22
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Q4.22
Q1.23
Q2.23
Q3.23
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Q1.25
Q2.25
Q3.25
Q4.25
Q1.26
Q2.26
| Fiscal quarter | Period ended | Return on equity | Change (percentage points) |
|---|---|---|---|
| Q2 2026 | 2026-06-30 | −28.27% | −15.43 pp |
| Q1 2026 | 2026-03-31 | −28.39% | −17.44 pp |
| Q4 2025 | 2025-12-31 | −70.65% | −14.58 pp |
| Q3 2025 | 2025-09-30 | −23.36% | −16.35 pp |
| Q2 2025 | 2025-06-30 | −12.84% | −3.97 pp |
| Q1 2025 | 2025-03-31 | −10.95% | −0.80 pp |
| Q4 2024 | 2024-12-31 | −56.07% | −36.02 pp |
| Q3 2024 | 2024-09-30 | −7.02% | +0.80 pp |
| Q2 2024 | 2024-06-30 | −8.87% | −2.69 pp |
| Q1 2024 | 2024-03-31 | −10.15% | −4.98 pp |
| Q4 2023 | 2023-12-31 | −20.05% | −14.66 pp |
| Q3 2023 | 2023-09-30 | −7.82% | −3.83 pp |
| Q2 2023 | 2023-06-30 | −6.17% | −2.24 pp |
| Q1 2023 | 2023-03-31 | −5.18% | −1.73 pp |
| Q4 2022 | 2022-12-31 | −5.40% | −1.25 pp |
| Q3 2022 | 2022-09-30 | −3.99% | −1.75 pp |
| Q2 2022 | 2022-06-30 | −3.93% | −1.89 pp |
| Q1 2022 | 2022-03-31 | −3.45% | −1.54 pp |
| Q4 2021 | 2021-12-31 | −4.14% | +43.01 pp |
| Q3 2021 | 2021-09-30 | −2.24% | +13.65 pp |
| Q2 2021 | 2021-06-30 | −2.04% | +3.50 pp |
| Q1 2021 | 2021-03-31 | −1.90% | +30.05 pp |
| Q4 2020 | 2020-12-31 | −47.16% | −17.60 pp |
| Q3 2020 | 2020-09-30 | −15.89% | — |
| Q2 2020 | 2020-06-30 | −5.55% | — |
| Q1 2020 | 2020-03-31 | −31.95% | — |
| Q4 2019 | 2019-12-31 | −29.56% | +420.47 pp |
| Q4 2018 | 2018-12-31 | −450.03% | −425.27 pp |
| Q3 2018 | 2018-09-30 | −76.80% | −32.50 pp |
| Q2 2018 | 2018-06-30 | −68.42% | −14.80 pp |
| Q1 2018 | 2018-03-31 | −33.14% | −0.16 pp |
| Q4 2017 | 2017-12-31 | −24.77% | −3.27 pp |
| Q3 2017 | 2017-09-30 | −44.30% | −30.80 pp |
| Q2 2017 | 2017-06-30 | −53.62% | −41.73 pp |
| Q1 2017 | 2017-03-31 | −32.98% | −23.21 pp |
| Q4 2016 | 2016-12-31 | −21.50% | −3.06 pp |
| Q3 2016 | 2016-09-30 | −13.50% | −6.46 pp |
| Q2 2016 | 2016-06-30 | −11.89% | −5.54 pp |
| Q1 2016 | 2016-03-31 | −9.76% | −2.57 pp |
| Q4 2015 | 2015-12-31 | −18.44% | −13.99 pp |
| Q3 2015 | 2015-09-30 | −7.04% | −1.45 pp |
| Q2 2015 | 2015-06-30 | −6.35% | −9.92 pp |
| Q1 2015 | 2015-03-31 | −7.19% | +532.65 pp |
| Q4 2014 | 2014-12-31 | −4.44% | — |
| Q3 2014 | 2014-09-30 | −5.59% | +340.67 pp |
| Q2 2014 | 2014-06-30 | 3.58% | +130.61 pp |
| Q1 2014 | 2014-03-31 | −539.84% | −464.42 pp |
| Q3 2013 | 2013-09-30 | −346.26% | −309.26 pp |
| Q2 2013 | 2013-06-30 | −127.03% | −108.93 pp |
| Q1 2013 | 2013-03-31 | −75.42% | −56.02 pp |
| Q4 2012 | 2012-12-31 | −44.51% | −22.38 pp |
| Q3 2012 | 2012-09-30 | −37.00% | −20.66 pp |
| Q2 2012 | 2012-06-30 | −18.10% | −2.05 pp |
| Q1 2012 | 2012-03-31 | −19.40% | — |
| Q4 2011 | 2011-12-31 | −22.13% | — |
| Q3 2011 | 2011-09-30 | −16.34% | — |
| Q2 2011 | 2011-06-30 | −16.05% | — |
Plug Power return on equity trends
Over the last five fiscal years, Plug Power's return on equity decreased from −74.67% to −120.31%, a change of −45.65 percentage points. The latest reported quarter, Q2 2026, shows −28.27%.
About the metric
What return on equity (ROE) means
Return on equity (ROE) measures how much net income a company generates relative to shareholders’ equity. It can help evaluate how efficiently equity capital is used, but unusually high or negative values may reflect leverage, losses, or a small equity base.
Calculation and source
How return on equity is calculated
TickerStat calculates ROE as SEC-reported net income divided by average stockholders’ equity at the beginning and end of the fiscal period. Periods with missing or non-positive average equity are omitted. Quarterly ROE uses quarterly net income and is not annualized. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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