Plug Power Inc Tangible Net Worth Ratio
Plug Power Inc tangible net worth ratio. Plug Power Inc (PLUG) has a Tangible Net Worth Ratio of 95.4% as of June 2026. This metric is calculated by deducting intangible assets ($27.29 Million) from net assets ($587.29 Million) and expressing it as a percentage of total net assets. A higher ratio means that more of the company's equity is backed by tangible, balance-sheet-verifiable assets rather than goodwill, patents, or brand value. Check PLUG capital-intensive asset ratio to assess the company's strategic physical and investment asset allocation.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Tangible Net Worth Ratio of Plug Power Inc (1998–2025)
Tangible net worth ratio of Plug Power Inc from 1998 to 2025. This chart shows how Plug Power Inc's Tangible Net Worth Ratio has changed across 27 annual periods from 1998 to 2025. As of June 2026, the ratio stands at 95.4%, reflecting net assets of $587.29 Million with intangible assets of $27.29 Million USD. See Plug Power Inc working capital to net assets to evaluate short-term liquidity relative to the company's equity base.
Plug Power Inc Tangible Net Worth Ratio by Year (1998–2025)
Plug Power Inc tangible net worth ratio by year from 1998 to 2025. The table below presents the year-by-year Tangible Net Worth Ratio for Plug Power Inc from 1998 to 2025, covering 27 annual filings. Each row shows net assets, intangible assets, total assets, the tangible net worth ratio, and the change in percentage points versus the prior year. For live market cap and overall valuation, see PLUG stock market capitalisation.
| Year | Tangible NW Ratio | Net Assets (USD) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2025 | 97.1% | $1.00 Billion | $29.23 Million | $2.59 Billion | ▲ +1.8 pp |
| 2024 | 95.3% | $1.81 Billion | $84.66 Million | $3.60 Billion | ▲ +1.8 pp |
| 2023 | 93.5% | $2.90 Billion | $188.89 Million | $4.90 Billion | ▼ -1.4 pp |
| 2022 | 94.9% | $4.06 Billion | $207.72 Million | $5.76 Billion | ▼ -1.7 pp |
| 2021 | 96.6% | $4.61 Billion | $158.21 Million | $5.95 Billion | ▲ +3.3 pp |
| 2020 | 93.3% | $586.26 Million | $39.57 Million | $1.36 Billion | ▲ +9.9 pp |
| 2019 | 83.4% | $234.56 Million | $38.97 Million | $898.72 Million | ▲ +126.8 pp |
| 2018 | -43.4% | $2.71 Million | $3.89 Million | $390.33 Million | ▼ -138.2 pp |
| 2017 | 94.9% | $73.65 Million | $3.79 Million | $270.81 Million | ▼ -0.5 pp |
| 2016 | 95.4% | $85.09 Million | $3.93 Million | $240.83 Million | ▼ -0.9 pp |
| 2015 | 96.3% | $124.74 Million | $4.64 Million | $209.46 Million | ▼ -2.8 pp |
| 2014 | 99.1% | $158.28 Million | $1.49 Million | $205.88 Million | ▲ +34.1 pp |
| 2012 | 64.9% | $15.03 Million | $5.27 Million | $39.46 Million | ▼ -9.3 pp |
| 2011 | 74.3% | $29.04 Million | $7.47 Million | $55.66 Million | ▲ +22977.3 pp |
| 2010 | -22903.1% | $42.91 Million | $9.87 Billion | $59.18 Million | ▼ -22989.7 pp |
| 2009 | 86.6% | $88.27 Million | $11.82 Million | $164.18 Million | ▼ -3.2 pp |
| 2008 | 89.8% | $125.86 Million | $12.84 Million | $209.11 Million | ▼ -3.4 pp |
| 2007 | 93.2% | $248.90 Million | $16.98 Million | $268.39 Million | ▼ -3.3 pp |
| 2006 | 96.5% | $294.53 Million | $10.39 Million | $307.92 Million | ▲ +4.8 pp |
| 2005 | 91.7% | $124.95 Million | $10.39 Million | $139.78 Million | ▼ -7.6 pp |
| 2004 | 99.3% | $102.11 Million | $687.50K | $118.00 Million | ▲ +8.9 pp |
| 2003 | 90.4% | $144.29 Million | $13.83 Million | $160.59 Million | ▼ -9.0 pp |
| 2002 | 99.4% | $92.70 Million | $514.85K | $108.68 Million | ▲ +2.0 pp |
| 2001 | 97.4% | $135.00 Million | $3.47 Million | $151.37 Million | ▲ +2.5 pp |
| 2000 | 94.9% | $134.13 Million | $6.83 Million | $150.83 Million | ▼ -5.1 pp |
| 1999 | 100.0% | $201.41 Million | $0.00 | $216.13 Million | ▲ +0.0 pp |
| 1998 | 100.0% | $5.50 Million | $0.00 | $8.10 Million | — |