Plug Power Inc Financial Flexibility Index
Plug Power Inc financial flexibility index. Plug Power Inc (PLUG) has a Financial Flexibility Index of -0.05x as of June 2026. Free cash flow of $-87.76 Million (operating CF $-94.06 Million minus capex $6.30 Million) represents 0% of total liabilities ($1.61 Billion). See Plug Power Inc free cash flow ratio to measure how efficiently the company converts operating cash flow to free cash.
Financial Flexibility Index
Free Cash Flow
Total Liabilities
Capital Expenditures
Financial Flexibility Index of Plug Power Inc (1998–2025)
Financial flexibility index of Plug Power Inc from 1998 to 2025. Historical Financial Flexibility Index trend for Plug Power Inc across 28 annual periods. Check PLUG cash flow quality score to evaluate the quality of earnings relative to operating cash generation.
Plug Power Inc Financial Flexibility Index by Year (1998–2025)
Plug Power Inc financial flexibility index by year from 1998 to 2025. Year-by-year free cash flow to debt coverage for Plug Power Inc. For the full cash flow conversion analysis, see cash efficiency ratio of Plug Power Inc.
| Year | Flexibility Index | Free Cash Flow (USD) | Operating CF | Total Liabilities | YoY Change |
|---|---|---|---|---|---|
| 2025 | -0.26x | $-410.19 Million | $-535.84 Million | $1.59 Billion | ▼ -17.3% |
| 2024 | -0.22x | $-394.39 Million | $-728.64 Million | $1.80 Billion | ▼ -7.3% |
| 2023 | -0.20x | $-410.44 Million | $-1.11 Billion | $2.00 Billion | ▼ -122.3% |
| 2022 | -0.09x | $-156.96 Million | $-620.83 Million | $1.70 Billion | ▲ +24.9% |
| 2021 | -0.12x | $-164.91 Million | $-358.18 Million | $1.34 Billion | ▲ +10.3% |
| 2020 | -0.14x | $-105.25 Million | $-155.48 Million | $769.83 Million | ▼ -120.9% |
| 2019 | -0.06x | $-41.11 Million | $-53.32 Million | $664.16 Million | ▲ +38.1% |
| 2018 | -0.10x | $-38.78 Million | $-58.35 Million | $387.61 Million | ▼ -24.7% |
| 2017 | -0.08x | $-15.82 Million | $-60.18 Million | $197.16 Million | ▼ -143.9% |
| 2016 | 0.18x | $28.44 Million | $-29.64 Million | $155.74 Million | ▲ +135.4% |
| 2015 | -0.52x | $-43.75 Million | $-47.27 Million | $84.72 Million | ▲ +37.6% |
| 2014 | -0.83x | $-39.37 Million | $-40.78 Million | $47.60 Million | ▼ -64.5% |
| 2013 | -0.50x | $-26.77 Million | $-26.88 Million | $53.23 Million | ▲ +38.8% |
| 2012 | -0.82x | $-20.09 Million | $-20.16 Million | $24.43 Million | ▲ +31.6% |
| 2011 | -1.20x | $-31.98 Million | $-33.31 Million | $26.62 Million | ▲ +50.7% |
| 2010 | -2.44x | $-39.67 Million | $-40.77 Million | $16.26 Million | ▼ -391.2% |
| 2009 | -0.50x | $-37.70 Million | $-38.23 Million | $75.92 Million | ▲ +25.1% |
| 2008 | -0.66x | $-55.18 Million | $-56.60 Million | $83.25 Million | ▲ +72.1% |
| 2007 | -2.38x | $-46.37 Million | $-49.31 Million | $19.49 Million | ▲ +28.9% |
| 2006 | -3.35x | $-44.83 Million | $-46.11 Million | $13.39 Million | ▼ -27.7% |
| 2005 | -2.62x | $-38.87 Million | $-39.87 Million | $14.83 Million | ▼ -29.0% |
| 2004 | -2.03x | $-32.28 Million | $-33.90 Million | $15.88 Million | ▲ +11.4% |
| 2003 | -2.29x | $-37.39 Million | $-38.02 Million | $16.30 Million | ▼ -2.9% |
| 2002 | -2.23x | $-35.63 Million | $-36.89 Million | $15.99 Million | ▲ +30.6% |
| 2001 | -3.21x | $-52.61 Million | $-55.29 Million | $16.37 Million | ▼ -0.3% |
| 2000 | -3.20x | $-53.50 Million | $-65.49 Million | $16.70 Million | ▼ -264.1% |
| 1999 | -0.88x | $-12.95 Million | $-23.74 Million | $14.72 Million | ▲ +55.1% |
| 1998 | -1.96x | $-5.10 Million | $-7.50 Million | $2.60 Million | — |