PLUG - Plug Power Inc.
NASDAQ
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Electrical Equipment & Parts
Latham,
United States
Type: Equity
PLUG price evolution
PLUG
| (in millions $) | 31 Dec 2023 | 30 Sep 2023 | 30 Jun 2023 | 31 Mar 2023 |
|---|---|---|---|---|
| Current assets | ||||
| Cash | $1169.14 | $1162.49 | $1553.33 | $1373.31 |
| Short term investments | $456.59 | $505.4 | $1168.28 | |
| Net receivables | $243.81 | $163.19 | $216.65 | $127.72 |
| Inventory | $961.25 | $1024.21 | $904.29 | $775.65 |
| Total current assets | $1786.96 | $2239.9 | $2617.24 | $2977.32 |
| Long term investments | $63.78 | $78.87 | $63.46 | $67.35 |
| Property, plant & equipment | $2004.69 | $1820.61 | $1618.62 | $1401.14 |
| Goodwill & intangible assets | $188.89 | $441.2 | $449.05 | $453.61 |
| Total noncurrent assets | $3115.77 | $3212.22 | $2966.03 | $2676.77 |
| Total investments | $63.78 | $535.46 | $568.86 | $1235.63 |
| Total assets | $4902.74 | $5452.12 | $5583.28 | $5654.09 |
| Current liabilities | ||||
| Accounts payable | $257.83 | $292.93 | $220.47 | $188.15 |
| Deferred revenue | $288.3 | $253.6 | $251.74 | $220.15 |
| Short long term debt | $159.88 | $159.22 | $142.69 | $130.08 |
| Total current liabilities | $964.8 | $930.59 | $827.82 | $677.54 |
| Long term debt | $808.97 | $813.72 | $827.83 | $791.84 |
| Total noncurrent liabilities | $1039.81 | $1012.25 | $1016.37 | $1054.9 |
| Total debt | $968.85 | $972.94 | $970.52 | $921.92 |
| Total liabilities | $2004.61 | $1942.84 | $1844.19 | $1732.44 |
| Shareholders' equity | ||||
| Retained earnings | -$4489.74 | -$3847.35 | -$3563.87 | -$3327.47 |
| Other shareholder equity | -$6.8 | -$1.62 | -$13.76 | -$19.03 |
| Total shareholder equity | $2898.13 | $3509.29 | $3739.09 | $3921.65 |
| (in millions $) | 31 Dec 2023 | 31 Jan 2023 | 31 Dec 2021 | 31 Dec 2020 |
|---|---|---|---|---|
| Current assets | ||||
| Cash | $1169.14 | $1549.34 | $3132.19 | $1634.28 |
| Short term investments | $1467.78 | $1388.26 | ||
| Net receivables | $243.81 | $191.91 | $92.67 | $43.04 |
| Inventory | $961.25 | $645.64 | $269.16 | $139.39 |
| Total current assets | $1786.96 | $3305.3 | $4448.52 | $1602.93 |
| Long term investments | $63.78 | $31.25 | $12.89 | |
| Property, plant & equipment | $2004.69 | $1223.12 | $573.56 | $273.1 |
| Goodwill & intangible assets | $188.89 | $456.33 | $378.64 | $111.64 |
| Total noncurrent assets | $3115.77 | $2458.98 | $1501.55 | $648.09 |
| Total investments | $63.78 | $1499.03 | $1401.15 | |
| Total assets | $4902.74 | $5764.28 | $5950.08 | $2416.14 |
| Current liabilities | ||||
| Accounts payable | $257.83 | $191.9 | $92.31 | $50.05 |
| Deferred revenue | $288.3 | $229.9 | $183.09 | $56.22 |
| Short long term debt | $159.88 | $121.08 | $92.83 | $73.32 |
| Total current liabilities | $964.8 | $635.27 | $420.55 | $236 |
| Long term debt | $808.97 | $506.15 | $717.32 | $236.08 |
| Total noncurrent liabilities | $1039.81 | $1068.79 | $923.83 | $562 |
| Total debt | $968.85 | $898.73 | $810.15 | $715.12 |
| Total liabilities | $2004.61 | $1704.06 | $1344.38 | $910.1 |
| Shareholders' equity | ||||
| Retained earnings | -$4489.74 | -$3120.91 | -$2396.9 | -$1907.52 |
| Other shareholder equity | -$6.8 | -$26 | -$1.53 | $2.56 |
| Total shareholder equity | $2898.13 | $4060.21 | $4605.7 | $1466.92 |
| (in millions $) | 31 Dec 2023 | 30 Sep 2023 | 30 Jun 2023 | 31 Mar 2023 |
|---|---|---|---|---|
| Revenue | ||||
| Total revenue | $222.16 | $198.71 | $260.18 | $210.29 |
| Cost of revenue | $444.45 | $336.68 | $338.32 | $279.68 |
| Gross Profit | -$222.29 | -$137.97 | -$78.14 | -$69.4 |
| Operating activities | ||||
| Research & development | $30.31 | $27.65 | $29.25 | $26.54 |
| Selling, general & administrative | $111.85 | $105.45 | $101.15 | $104.02 |
| Total operating expenses | $399.92 | $133.77 | $140.39 | $131.63 |
| Operating income | -$622.2 | -$271.73 | -$218.53 | -$201.03 |
| Income from continuing operations | ||||
| EBIT | -$631.36 | -$276.41 | -$226.05 | -$197.18 |
| Income tax expense | -$0.45 | -$4.73 | -$0.92 | -$1.27 |
| Interest expense | $11.48 | $11.8 | $11.27 | $10.65 |
| Net income | ||||
| Net income | -$642.39 | -$283.48 | -$236.4 | -$206.56 |
| Income (for common shares) | -$642.39 | -$283.48 | -$236.4 | -$206.56 |
| (in millions $) | 31 Dec 2023 | 31 Dec 2022 | 31 Dec 2021 | 31 Dec 2020 |
|---|---|---|---|---|
| Revenue | ||||
| Total revenue | $891.34 | $701.44 | $502.34 | -$93.24 |
| Cost of revenue | $1399.13 | $895.8 | $673.65 | $376.18 |
| Gross Profit | -$507.79 | -$194.36 | -$171.31 | -$469.42 |
| Operating activities | ||||
| Research & development | $113.75 | $99.58 | $64.76 | $27.85 |
| Selling, general & administrative | $422.47 | $363.93 | $179.85 | $79.35 |
| Total operating expenses | $805.71 | $468.73 | $254.84 | $113.63 |
| Operating income | -$1313.5 | -$663.08 | -$426.15 | -$583.04 |
| Income from continuing operations | ||||
| EBIT | -$1331 | -$684.13 | -$432.94 | -$566.52 |
| Income tax expense | -$7.36 | $0.84 | -$16.2 | -$30.84 |
| Interest expense | $45.2 | $39.04 | $43.23 | $60.48 |
| Net income | ||||
| Net income | -$1368.83 | -$724.01 | -$459.96 | -$596.15 |
| Income (for common shares) | -$1368.83 | -$724.01 | -$459.96 | -$596.18 |
| (in millions $) | 31 Dec 2023 | 30 Sep 2023 | 30 Jun 2023 | 31 Mar 2023 |
|---|---|---|---|---|
| Net income | -$642.39 | -$283.48 | -$236.4 | -$206.56 |
| Operating activities | ||||
| Depreciation | $19.11 | $20.95 | $16.27 | $14.75 |
| Business acquisitions & disposals | -$5.79 | -$25.92 | -$0.82 | -$40.08 |
| Stock-based compensation | $33.83 | $45.85 | $39.92 | $43.3 |
| Total cash flows from operations | -$242.65 | -$238.91 | -$348.09 | -$276.92 |
| Investing activities | ||||
| Capital expenditures | -$184.9 | -$171.49 | -$158.68 | -$179.95 |
| Investments | $458.25 | $52.41 | $669.18 | $315.83 |
| Total cash flows from investing | $267.56 | -$145 | $509.69 | $95.8 |
| Financing activities | ||||
| Dividends paid | ||||
| Sale and purchase of stock | $0.3 | $0.58 | $0.06 | $0.67 |
| Net borrowings | -$6.54 | -$6.81 | $26.87 | $11.1 |
| Total cash flows from financing | -$8.33 | -$11.2 | $18.46 | $7.18 |
| Effect of exchange rate | -$9.93 | $4.27 | -$0.04 | -$2.1 |
| Change in cash and equivalents | $24.22 | -$468.61 | $104.56 | -$215.77 |
| (in millions $) | 31 Dec 2023 | 31 Dec 2022 | 31 Dec 2021 | 31 Dec 2020 |
|---|---|---|---|---|
| Net income | -$1368.83 | -$724.01 | -$459.96 | -$596.15 |
| Operating activities | ||||
| Depreciation | $71.08 | $51.6 | $23.37 | $15.57 |
| Business acquisitions & disposals | -$72.6 | -$95.43 | -$154.12 | -$45.11 |
| Stock-based compensation | $162.91 | $179.63 | $76.47 | $17.14 |
| Total cash flows from operations | -$1106.57 | -$828.62 | -$358.18 | -$155.48 |
| Investing activities | ||||
| Capital expenditures | -$695.02 | -$463.87 | -$192.34 | -$48.26 |
| Investments | $1495.67 | -$120.07 | -$1393.5 | |
| Total cash flows from investing | $728.05 | -$679.37 | -$1740.89 | -$95.33 |
| Financing activities | ||||
| Dividends paid | ||||
| Sale and purchase of stock | $1.61 | $2.3 | $3595.35 | $1287.48 |
| Net borrowings | $24.62 | -$53.36 | $20.61 | $203.89 |
| Total cash flows from financing | $6.12 | -$77.46 | $3597.78 | $1515.53 |
| Effect of exchange rate | -$7.8 | $2.6 | -$0.8 | $0.07 |
| Change in cash and equivalents | -$555.6 | -$1790.64 | $1497.91 | $1264.78 |
News
Fundamentals
| Market cap | $1.64B |
|---|---|
| Enterprise value | $1.44B |
| Shares outstanding | 606.14M |
| Revenue | $891.34M |
|---|---|
| EBITDA | -$1.26B |
| EBIT | -$1.33B |
| Net Income | -$1.37B |
| Revenue Q/Q | 0.64% |
| Revenue Y/Y | 27.07% |
| P/E ratio | -1.20 |
|---|---|
| EV/Sales | 1.62 |
| EV/EBITDA | -1.14 |
| EV/EBIT | -1.08 |
| P/S ratio | 1.84 |
| P/B ratio | 0.57 |
| Book/Share | 4.79 |
| Cash/Share | 1.93 |
| EPS | -$2.26 |
|---|---|
| ROA | -25.36% |
| ROE | -38.92% |
| Debt/Equity | 0.69 |
|---|---|
| Net debt/EBITDA | -0.66 |
| Current ratio | 1.85 |
| Quick ratio | 0.86 |