Plug Power Inc (PLUG) — Financial Flexibility Index
Plug Power Inc (PLUG) has a Financial Flexibility Index of -0.09x as of March 2026. Free cash flow of $-147.63 Million (operating CF $-150.04 Million minus capex $2.41 Million) represents 0% of total liabilities ($1.59 Billion). Also explore PLUG net assets growth trend to track the company's year-over-year net asset growth rate.
Financial Flexibility Index
Free Cash Flow
Total Liabilities
Capital Expenditures
Plug Power Inc Financial Flexibility Index (1998–2025)
Historical Financial Flexibility Index trend for Plug Power Inc across 28 annual periods. Check Plug Power Inc strategic capital allocation to assess the company's strategic physical and investment asset allocation.
Annual Financial Flexibility Index for Plug Power Inc (1998–2025)
Year-by-year free cash flow to debt coverage for Plug Power Inc. For the full company profile including market capitalisation, see PLUG market cap overview.
| 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 | — |