Plug Power Inc Market Cap ($1.91 Billion)
Market Cap & Net Worth: Plug Power Inc (PLUG)
Plug Power Inc market cap. Plug Power Inc (NASDAQ:PLUG) has a market capitalization of $1.91 Billion ($1.91 Billion) as of November 1, 2026. Listed on the NASDAQ stock exchange, this USA-based company holds position #6065 globally and #1968 in its home market, demonstrating a -1.09% 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 $1.37 by its total outstanding shares 1397195278 (1.40 Billion). Also see cash flow conversion of Plug Power Inc for how efficiently the company converts equity into cash flow.
Plug Power Inc Market Cap History (2015–2026)
Plug Power Inc market cap history from 2015 to 2026. Data shows change from $2.95 Billion to $1.91 Billion (-5.33% CAGR). Check Plug Power Inc stock price for real-time trading data and today's change.
Index Memberships
Plug Power Inc is a constituent of 1 market index:
| Index | Total Market Cap | Weight (%) | Rank by Market Cap |
|---|---|---|---|
|
NASDAQ Composite
IXIC
|
$40.09 Trillion | 0.00% | #685 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. Explore net asset momentum of Plug Power Inc to track how rapidly the company is growing its equity base year over year.
Latest Price to Sales (P/S) Ratio
3.88x
Plug Power Inc's market cap is 3.88 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 | $1.68 Billion | $85.93 Million | -$57.49 Million | 19.51x | N/A |
| 2017 | $3.30 Billion | $132.93 Million | -$127.08 Million | 24.81x | N/A |
| 2018 | $1.73 Billion | $174.22 Million | -$78.11 Million | 9.94x | N/A |
| 2019 | $4.42 Billion | $229.97 Million | -$85.47 Million | 19.20x | N/A |
| 2020 | $47.38 Billion | $-93.24 Million | -$596.15 Million | -508.16x | N/A |
| 2021 | $39.44 Billion | $502.34 Million | -$459.96 Million | 78.52x | N/A |
| 2022 | $17.28 Billion | $701.44 Million | -$724.01 Million | 24.64x | N/A |
| 2023 | $6.29 Billion | $891.34 Million | -$1.37 Billion | 7.05x | N/A |
| 2024 | $2.98 Billion | $628.81 Million | -$2.10 Billion | 4.73x | N/A |
| 2025 | $2.75 Billion | $709.92 Million | -$1.63 Billion | 3.88x | N/A |
Competitor Companies of PLUG by Market Capitalization
Companies near Plug Power Inc in the global market cap rankings as of November 1, 2026. Also see PLUG asset base for a full breakdown of the balance sheet.
Key companies related to Plug Power Inc by market ranking:
- Contemporary Amperex Technology Co Ltd Class A (SHE:300750): Ranked #153 globally with a market cap of $150.25 Billion USD ( CN¥1.03 Trillion CNY).
- ABB Ltd (SW:ABBN): Ranked #186 globally with a market cap of $127.26 Billion USD ( CHF100.66 Billion CHF).
- Vertiv Holdings Co (NYSE:VRT): Ranked #298 globally with a market cap of $89.51 Billion USD.
- Delta Electronics (Thailand) Public Company Limited (F:NVAW): Ranked #334 globally with a market cap of $80.94 Billion USD ( €69.23 Billion EUR).
| Rank | Company | Symbol | Market Cap | Price |
|---|---|---|---|---|
| #153 | Contemporary Amperex Technology Co Ltd Class A | SHE:300750 | $150.25 Billion | CN¥232.92 |
| #186 | ABB Ltd | SW:ABBN | $127.26 Billion | CHF70.68 |
| #298 | Vertiv Holdings Co | NYSE:VRT | $89.51 Billion | $232.50 |
| #334 | Delta Electronics (Thailand) Public Company Limited | F:NVAW | $80.94 Billion | €5.55 |
Market Capitalization of Plug Power Inc (2015–2026)
Market capitalization of Plug Power Inc from 2015 to today. Between 2015 and today, Plug Power Inc's market cap moved from $2.95 Billion to $ 1.91 Billion, with a yearly change of -5.33%.
| Year | Market Cap | Change (%) |
|---|---|---|
| 2026 | $1.91 Billion | -30.71% |
| 2025 | $2.75 Billion | -7.51% |
| 2024 | $2.98 Billion | -52.67% |
| 2023 | $6.29 Billion | -63.62% |
| 2022 | $17.28 Billion | -56.18% |
| 2021 | $39.44 Billion | -16.75% |
| 2020 | $47.38 Billion | +973.10% |
| 2019 | $4.42 Billion | +154.84% |
| 2018 | $1.73 Billion | -47.46% |
| 2017 | $3.30 Billion | +96.67% |
| 2016 | $1.68 Billion | -43.13% |
| 2015 | $2.95 Billion | -- |
End of Day Market Cap According to Different Sources
On Oct 31st, 2026 the market cap of Plug Power Inc was reported to be:
| Source | Market Cap |
|---|---|
| Yahoo Finance | $1.91 Billion USD |
| MoneyControl | $1.91 Billion USD |
| MarketWatch | $1.91 Billion USD |
| marketcap.company | $1.91 Billion USD |
| Reuters | $1.91 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