PLUG (PLUG)

Financial Metrics & Valuation Analysis

Enterprise Valuation (TTM)

Enterprise Value$3.66B
EV / Sales4.95
EV / EBITDA-2.24
EV / Operating Cash Flow-6.31
EV / Free Cash Flow-5.50

Return Metrics (TTM)

Return on Equity (ROE)-139.28%
Return on Assets (ROA)-70.95%
Return on Invested Capital (ROIC)-31.04%
Return on Capital Employed (ROCE)-33.46%

Yield Metrics

Earnings Yield-58.69%
Free Cash Flow Yield-23.18%

Balance Sheet Strength

Net Debt / EBITDA-0.48
Current Ratio2.36
Working Capital$734.08M
Tangible Asset Value$745.66M
Net Current Asset Value-$319.51M

Working Capital Efficiency

Days Sales Outstanding104.41
Days Payables Outstanding56.64
Operating Cycle (Days)307.08
Cash Conversion Cycle250.44

Capital Allocation

CapEx / Revenue11.61%
CapEx / Operating Cash Flow-14.80%
R&D / Revenue7.13%
SG&A / Revenue49.87%

Fiscal Year 2025 Ratios

Audited annual results as of 2025-12-31

Margins

Gross Profit Margin-34.09%
Operating Margin-95.73%
Net Profit Margin-229.83%

Solvency

Debt / Equity1.02
Quick Ratio1.46
Cash Ratio0.91

Per Share

Revenue / Share$0.61
FCF / Share-$0.57
PE Ratio-1.40