Plug Power Inc
Plug Power Inc. develops hydrogen fuel cells product solutions in North America, Europe, Asia, and internationally. The company offers GenDrive, a hydrogen fueled proton exchange membrane fuel cell system that provides power to material handling electric vehicles; GenSure, a stationary fuel cell solution that offers modular PEM fuel cell power to support the backup and grid-support power requirem… Read more
Plug Power Inc (PLUG) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of September 2025: -0.060x
Based on the latest financial reports, Plug Power Inc (PLUG) has a cash flow conversion efficiency ratio of -0.060x as of September 2025.
Cash flow conversion efficiency measures how effectively a company's net assets (equity) generate operating cash flow. It is calculated by dividing operating cash flow ($-89.81 Million) by net assets ($1.50 Billion). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Plug Power Inc - Cash Flow Conversion Efficiency Trend (1998–2024)
This chart illustrates how Plug Power Inc's cash flow conversion efficiency has evolved over time, based on yearly financial data. Explore and compare other companies by cash flow conversion efficiency.
Plug Power Inc Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Plug Power Inc ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Ellington Financial Inc.
NYSE:EFC-PD
|
-0.162x |
|
AVIC Heavy Machinery Co Ltd
SHG:600765
|
0.044x |
|
Supernus Pharmaceuticals Inc
NASDAQ:SUPN
|
-0.059x |
|
Veracyte Inc
NASDAQ:VCYT
|
0.036x |
|
Wonik Ips Co. Ltd
KQ:240810
|
0.017x |
|
GENTING SG LTD. DL -10
F:36T
|
N/A |
|
Anadolu Efes Biracilik ve Malt Sanayi AS
IS:AEFES
|
0.083x |
|
Shanghai International Port Group Co Ltd
SHG:600018
|
0.024x |
Annual Cash Flow Conversion Efficiency for Plug Power Inc (1998–2024)
The table below shows the annual cash flow conversion efficiency of Plug Power Inc from 1998 to 2024.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-12-31 | $1.81 Billion | $-728.64 Million | -0.403x | -5.56% |
| 2023-12-31 | $2.90 Billion | $-1.11 Billion | -0.382x | -149.71% |
| 2022-12-31 | $4.06 Billion | $-620.83 Million | -0.153x | -96.62% |
| 2021-12-31 | $4.61 Billion | $-358.18 Million | -0.078x | +70.68% |
| 2020-12-31 | $586.26 Million | $-155.48 Million | -0.265x | -16.65% |
| 2019-12-31 | $234.56 Million | $-53.32 Million | -0.227x | +98.94% |
| 2018-12-31 | $2.71 Million | $-58.35 Million | -21.508x | -2531.93% |
| 2017-12-31 | $73.65 Million | $-60.18 Million | -0.817x | -134.62% |
| 2016-12-31 | $85.09 Million | $-29.64 Million | -0.348x | +8.10% |
| 2015-12-31 | $124.74 Million | $-47.27 Million | -0.379x | -47.10% |
| 2014-12-31 | $158.28 Million | $-40.78 Million | -0.258x | -117.13% |
| 2013-12-31 | $-17.87 Million | $-26.88 Million | 1.504x | +212.11% |
| 2012-12-31 | $15.03 Million | $-20.16 Million | -1.342x | -16.95% |
| 2011-12-31 | $29.04 Million | $-33.31 Million | -1.147x | -20.75% |
| 2010-12-31 | $42.91 Million | $-40.77 Million | -0.950x | -119.37% |
| 2009-12-31 | $88.27 Million | $-38.23 Million | -0.433x | +3.69% |
| 2008-12-31 | $125.86 Million | $-56.60 Million | -0.450x | -126.97% |
| 2007-12-31 | $248.90 Million | $-49.31 Million | -0.198x | -26.55% |
| 2006-12-31 | $294.53 Million | $-46.11 Million | -0.157x | +50.94% |
| 2005-12-31 | $124.95 Million | $-39.87 Million | -0.319x | +3.88% |
| 2004-12-31 | $102.11 Million | $-33.90 Million | -0.332x | -25.99% |
| 2003-12-31 | $144.29 Million | $-38.02 Million | -0.263x | +33.80% |
| 2002-12-31 | $92.70 Million | $-36.89 Million | -0.398x | +2.81% |
| 2001-12-31 | $135.00 Million | $-55.29 Million | -0.410x | +16.13% |
| 2000-12-31 | $134.13 Million | $-65.49 Million | -0.488x | -314.27% |
| 1999-12-31 | $201.41 Million | $-23.74 Million | -0.118x | +91.36% |
| 1998-12-31 | $5.50 Million | $-7.50 Million | -1.364x | -- |