Plug Power Inc (PLUG) - Cash Flow Conversion Efficiency
Based on the latest financial reports, Plug Power Inc (PLUG) has a cash flow conversion efficiency ratio of -0.194x as of March 2026. 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 ($-150.04 Million) by net assets ($773.89 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations. See Plug Power Inc liquidity coverage in days to measure how many days the company can operate on defensive assets alone.
Plug Power Inc - Cash Flow Conversion Efficiency Trend (1998–2025)
This chart illustrates how Plug Power Inc's cash flow conversion efficiency has evolved over time, based on yearly financial data.
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 |
|---|---|
|
Secure Energy Services Inc.
TO:SES
|
0.017x |
|
Brickworks Ltd
AU:BKW
|
0.018x |
|
TUI AG
XETRA:TUI1
|
-0.618x |
|
Brighthouse Financial Inc
NASDAQ:BHF
|
0.018x |
|
Hinge Health, Inc.
NYSE:HNGE
|
0.169x |
|
Olav Thon Eien
OL:OLT
|
0.000x |
|
Huaihe Energy Group Co Ltd
SHG:600575
|
0.013x |
|
Hefei Chipmore Technology Co. Ltd. A
SHG:688352
|
N/A |
Annual Cash Flow Conversion Efficiency for Plug Power Inc (1998–2025)
The table below shows the annual cash flow conversion efficiency of Plug Power Inc from 1998 to 2025. For the full company profile with market capitalisation and key ratios, see how much is Plug Power Inc worth.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2025-12-31 | $1.00 Billion | $-535.84 Million | -0.534x | -32.50% |
| 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 | -- |
About Plug Power Inc
Plug Power Inc. designs, develops, and sells hydrogen products and solutions in Europe, Australia, North America, and internationally. The company offers GenDrive, a hydrogen fueled PEM fuel cell system, which powers material handling EVs, including Class 1, 2, 3 and 6 electric forklifts, automated guided vehicles, and ground support equipment; GenFuel, a liquid hydrogen fueling, delivery, genera… Read more