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. Review PLUG financial flexibility index to assess the company's free cash flow relative to its total liabilities.
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. Also see Plug Power Inc market capitalisation for the company's overall valuation and market capitalisation.
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 |
|---|---|
|
NMI Holdings Inc
NASDAQ:NMIH
|
0.000x |
|
Motherson Sumi Wiring India Limited
NSE:MSUMI
|
0.041x |
|
First BanCorp
F:OLWN
|
0.072x |
|
Relay Therapeutics Inc
NASDAQ:RLAY
|
-0.080x |
|
Koninklijke Heijmans N.V.
AS:HEIJM
|
0.383x |
|
ERMENEGILDO ZEG.DL -0001
F:JN0
|
N/A |
|
Chunghwa Precision Test Tech Co Ltd
TWO:6510
|
0.053x |
|
Rede Energia Participações S.A
SA:REDE3
|
0.124x |
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. View PLUG stock price for real-time trading data and today's change.
| 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