Plug Power Inc (NASDAQ:PLUG) — Market Cap & Net Worth
Market Cap & Net Worth: Plug Power Inc (PLUG)
Plug Power Inc (NASDAQ:PLUG) has a market capitalization of $2.87 Billion ($2.87 Billion) as of August 1, 2026. Listed on the NASDAQ stock exchange, this USA-based company holds position #4968 globally and #1677 in its home market, demonstrating a -5.94% decrease in market value over the past year.
Market capitalization, also known as net worth in stock markets, is calculated by multiplying Plug Power Inc's stock price $2.06 by its total outstanding shares 1394825571 (1.39 Billion). See Plug Power Inc capital reinvestment ratio to understand how much of operating cash flow is reinvested back into capital assets.
Plug Power Inc Market Cap History: 2015 to 2026
Plug Power Inc's market capitalization history from 2015 to 2026. Data shows change from $2.94 Billion to $2.87 Billion (-1.78% CAGR).
Index Memberships
Plug Power Inc is a constituent of 1 market index:
| Index | Total Market Cap | Weight (%) | Rank by Market Cap |
|---|---|---|---|
|
NASDAQ Composite
IXIC
|
$40.26 Trillion | 0.01% | #567 of 3165 |
Weight: Plug Power Inc's market cap as a percentage of total index value. Rank: Position among all constituents by market cap.
Plug Power Inc Market Cap to Earnings & Revenue Ratios Timeline
This chart shows how Plug Power Inc's valuation ratios have evolved. The Price to Sales (P/S) ratio compares market cap to revenue, while the Price to Earnings (P/E) ratio compares market cap to net income. Lower values may indicate a more undervalued company relative to its financial performance.
Latest Price to Sales (P/S) Ratio
3.87x
Plug Power Inc's market cap is 3.87 times its annual revenue
Latest Price to Earnings (P/E) Ratio
N/A
P/E ratio not applicable due to negative or zero earnings
What These Ratios Tell Investors:
- Price to Sales (P/S) Ratio: Shows how much investors are paying for each dollar of the company's sales. Lower P/S ratios may indicate undervaluation.
- Price to Earnings (P/E) Ratio: Shows how much investors are paying for each dollar of the company's earnings. This is one of the most common valuation metrics.
- Trends in these ratios over time can indicate changing investor sentiment about the company's future growth prospects.
- Industry comparison provides context for whether the company is valued higher or lower than peers.
| Year | Market Cap (USD) | Revenue (USD) | Net Income (USD) | P/S Ratio | P/E Ratio |
|---|---|---|---|---|---|
| 2016 | $1.67 Billion | $85.93 Million | -$57.49 Million | 19.48x | N/A |
| 2017 | $3.29 Billion | $132.93 Million | -$127.08 Million | 24.76x | N/A |
| 2018 | $1.73 Billion | $174.22 Million | -$78.11 Million | 9.93x | N/A |
| 2019 | $4.41 Billion | $229.97 Million | -$85.47 Million | 19.17x | N/A |
| 2020 | $47.30 Billion | $-93.24 Million | -$596.15 Million | -507.29x | N/A |
| 2021 | $39.38 Billion | $502.34 Million | -$459.96 Million | 78.38x | N/A |
| 2022 | $17.25 Billion | $701.44 Million | -$724.01 Million | 24.60x | N/A |
| 2023 | $6.28 Billion | $891.34 Million | -$1.37 Billion | 7.04x | N/A |
| 2024 | $2.97 Billion | $628.81 Million | -$2.10 Billion | 4.72x | N/A |
| 2025 | $2.75 Billion | $709.92 Million | -$1.63 Billion | 3.87x | N/A |
Competitor Companies of PLUG by Market Capitalization
Companies near Plug Power Inc in the global market cap rankings as of August 1, 2026.
Key companies related to Plug Power Inc by market ranking:
- Contemporary Amperex Technology Co Ltd Class A (SHE:300750): Ranked #71 globally with a market cap of $254.99 Billion USD ( CN¥1.74 Trillion CNY).
- ABB Ltd (SW:ABBN): Ranked #181 globally with a market cap of $127.26 Billion USD ( CHF100.66 Billion CHF).
- Delta Electronics (Thailand) Public Company Limited (BK:DELTA): Ranked #228 globally with a market cap of $108.09 Billion USD ( ฿3.47 Trillion THB).
- Delta Electronics (Thailand) Public Company Limited (F:NVAW): Ranked #259 globally with a market cap of $98.54 Billion USD ( €84.29 Billion EUR).
| Rank | Company | Symbol | Market Cap | Price |
|---|---|---|---|---|
| #71 | Contemporary Amperex Technology Co Ltd Class A | SHE:300750 | $254.99 Billion | CN¥395.30 |
| #181 | ABB Ltd | SW:ABBN | $127.26 Billion | CHF79.52 |
| #228 | Delta Electronics (Thailand) Public Company Limited | BK:DELTA | $108.09 Billion | ฿278.00 |
| #259 | Delta Electronics (Thailand) Public Company Limited | F:NVAW | $98.54 Billion | €6.85 |
Plug Power Inc Historical Marketcap From 2015 to 2026
Between 2015 and today, Plug Power Inc's market cap moved from $2.94 Billion to $ 2.87 Billion, with a yearly change of -1.78%.
| Year | Market Cap | Change (%) |
|---|---|---|
| 2026 | $2.87 Billion | +4.57% |
| 2025 | $2.75 Billion | -7.51% |
| 2024 | $2.97 Billion | -52.67% |
| 2023 | $6.28 Billion | -63.62% |
| 2022 | $17.25 Billion | -56.18% |
| 2021 | $39.38 Billion | -16.75% |
| 2020 | $47.30 Billion | +973.10% |
| 2019 | $4.41 Billion | +154.84% |
| 2018 | $1.73 Billion | -47.46% |
| 2017 | $3.29 Billion | +96.67% |
| 2016 | $1.67 Billion | -43.13% |
| 2015 | $2.94 Billion | -- |
End of Day Market Cap According to Different Sources
On Aug 1st, 2026 the market cap of Plug Power Inc was reported to be:
| Source | Market Cap |
|---|---|
| Yahoo Finance | $2.87 Billion USD |
| MoneyControl | $2.87 Billion USD |
| MarketWatch | $2.87 Billion USD |
| marketcap.company | $2.87 Billion USD |
| Reuters | $2.87 Billion USD |
Market cap values may vary slightly between sources due to differences in calculation methods, timing, and data refresh rates.
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