PLUG POWER INC (PLUG) Free cash flow
- Free cash flow · 12 months (USD): Value $-523.37M; Formula and calculation Operating cash flow minus capital spending; distinct from the saved levered FCF quote figure. Period ending 2026-06-30..
- Price / free cash flow · 12 months: Value (m); Formula and calculation Market cap / trailing-year free cash flow; inverse of FCF yield before percent scaling. Period ending 2026-06-30..
- Free cash flow yield · 12 months: Value (m); Formula and calculation (Operating cash flow − capital spending) / current market cap. Period ending 2026-06-30..
- Free cash flow margin · 12 months: Value -70.34%; Formula and calculation (Operating cash flow − capital spending) / revenue. Period ending 2026-06-30..
Free cash flow
Overview →Financial period ending 2026-06-30; current quote (m). Amounts retain their stated periods and units.
| Metric | Value | Formula and calculation |
|---|---|---|
| Free cash flow · 12 months (USD) | $-523.37M | Operating cash flow minus capital spending; distinct from the saved levered FCF quote figure. Period ending 2026-06-30. $-482.56M − $40.81M ≈ $-523.37M |
| Price / free cash flow · 12 months | (m) | Market cap / trailing-year free cash flow; inverse of FCF yield before percent scaling. Period ending 2026-06-30. Calculation unavailable: missing inputs remain (m). |
| Free cash flow yield · 12 months | (m) | (Operating cash flow − capital spending) / current market cap. Period ending 2026-06-30. Calculation unavailable: missing inputs remain (m). |
| Free cash flow margin · 12 months | -70.34% | (Operating cash flow − capital spending) / revenue. Period ending 2026-06-30. $-523.37M ÷ $744.09M × 100 ≈ -70.34% |
| Free cash flow per share · 12 months | (m) | (Trailing-year operating cash flow − capital spending) / reported quarter-end common shares. Period ending 2026-06-30. Calculation unavailable: missing inputs remain (m). |
| Operating cash flow · 12 months | $-482.56M | Cash generated by operating activities. Period ending 2026-06-30. |
| Operating cash flow / net income · 12 months | 0.29× | Operating cash flow / net income. Period ending 2026-06-30. $-482.56M ÷ $-1.64B ≈ 0.29× |
Calculation inputs
| Input | Amount with unit | Raw financial data |
|---|---|---|
| Operating cash flow | -482.56M USD | Net Cash Provided by (Used in) Operating Activities · Net Cash Provided by (Used in) Operating Activities, Continuing Operations |
| Capital spending | 40.81M USD | Payments to Acquire Property, Plant, and Equipment |
| Market cap | (m) | |
| Free cash flow | -523.37M USD | Net Cash Provided by (Used in) Operating Activities · Net Cash Provided by (Used in) Operating Activities, Continuing Operations · Payments to Acquire Property, Plant, and Equipment |
| Revenue | 744.09M USD | |
| Quarter-end shares | (m) | Common Stock, Shares, Outstanding |
| Net income | -1.64B USD | Net Income (Loss) Attributable to Parent |
Calculated history
Changes compare with the next older row (previous quarter), unless explicitly labeled otherwise. Rolling 12-month growth compares two successive quarter-end rolling totals; it is not year-over-year growth.
| Period ending | Free cash flow | FCF per share | Operating cash flow | Capital spending (USD) | Market cap (USD) | Revenue (USD) | Quarter-end shares (shares) | Net income (USD) | Price / FCF | FCF yield | FCF margin | Cash conversion |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026-06-30 | $-523.37M | (m) | $-482.56M | $40.81M | (m) | $744.09M | (m) | $-1.64B | (m) | (m) | -70.34% | 0.29× |
| 2026-03-31 | $-653.43M | (m) | $-580.31M | $73.12M | (m) | $739.76M | (m) | $-1.68B | (m) | (m) | -88.33% | 0.35× |
| 2025-12-31 | $-647.00M | (m) | $-535.84M | $111.16M | (m) | $709.92M | (m) | $-1.63B | (m) | (m) | -91.14% | 0.33× |
| 2025-09-30 | $-659.16M | (m) | $-518.43M | $140.72M | (m) | $676.17M | (m) | $-2.12B | (m) | (m) | -97.48% | 0.24× |
| 2025-06-30 | $-775.80M | (m) | $-603.55M | $172.24M | (m) | $672.84M | (m) | $-1.97B | (m) | (m) | -115.30% | 0.31× |
| 2025-03-31 | $-901.41M | (m) | $-666.48M | $234.93M | (m) | $642.22M | (m) | $-2.01B | (m) | (m) | -140.36% | 0.33× |
| 2024-12-31 | $-1.02B | (m) | $-728.64M | $287.10M | (m) | $628.81M | (m) | $-2.10B | (m) | (m) | -161.53% | 0.35× |
| 2024-09-30 | $-1.27B | (m) | $-840.05M | $434.33M | (m) | $659.50M | (m) | $-1.41B | (m) | (m) | -193.23% | 0.60× |
| 2024-06-30 | $-1.44B | (m) | $-904.02M | $539.81M | (m) | $684.49M | (m) | $-1.48B | (m) | (m) | -210.94% | 0.61× |
| 2024-03-31 | $-1.59B | (m) | $-997.38M | $589.26M | (m) | $801.32M | (m) | $-1.46B | (m) | (m) | -198.00% | 0.68× |
| 2023-12-31 | $-1.77B | (m) | $-1.11B | $665.21M | (m) | $891.34M | (m) | $-1.37B | (m) | (m) | -198.78% | 0.81× |
| 2023-09-30 | $-1.77B | (m) | $-1.17B | $603.09M | (m) | $889.92M | (m) | $-949.90M | (m) | (m) | -199.29% | 1.23× |
| 2023-06-30 | $-1.65B | (m) | $-1.05B | $598.09M | (m) | $879.84M | (m) | $-837.18M | (m) | (m) | -187.15% | 1.25× |
| 2023-03-31 | $-1.42B | (m) | $-895.62M | $526.78M | (m) | $770.92M | (m) | $-774.08M | (m) | (m) | -184.51% | 1.16× |
| 2022-12-31 | $-1.27B | (m) | $-828.62M | $436.61M | (m) | $701.44M | (m) | $-724.01M | (m) | (m) | -180.38% | 1.14× |
| 2022-09-30 | $-930.06M | (m) | $-531.72M | $398.33M | (m) | $642.60M | (m) | $-693.46M | (m) | (m) | -144.73% | 0.77× |
| 2022-06-30 | $-813.60M | (m) | $-516.65M | $296.94M | (m) | $597.90M | (m) | $-629.37M | (m) | (m) | -136.08% | 0.82× |
| 2022-03-31 | $-691.68M | (m) | $-451.00M | $240.68M | (m) | $571.19M | (m) | $-555.71M | (m) | (m) | -121.09% | 0.81× |
| 2021-12-31 | $-530.34M | (m) | $-358.18M | $172.17M | (m) | $502.34M | (m) | $-459.96M | (m) | (m) | -105.57% | 0.78× |
| 2021-09-30 | $-450.12M | (m) | $-347.47M | $102.64M | (m) | $31.34M | (m) | $-751.16M | (m) | (m) | -1436.33% | 0.46× |
| 2021-06-30 | $-340.80M | (m) | $-290.22M | $50.58M | (m) | $-5.54M | (m) | $-709.70M | (m) | (m) | 6156.05% | 0.41× |
| 2021-03-31 | $-242.07M | (m) | $-212.17M | $29.90M | (m) | $-62.10M | (m) | $-619.47M | (m) | (m) | 389.82% | 0.34× |
| 2020-12-31 | $-178.00M | (m) | $-155.48M | $22.53M | (m) | $-93.24M | (m) | $-596.15M | (m) | (m) | 190.91% | 0.26× |
| 2020-09-30 | $-168.94M | (m) | $-156.63M | $12.31M | (m) | $307.54M | (m) | $-103.79M | (m) | (m) | -54.93% | 1.51× |
| 2020-06-30 | $-122.13M | (m) | $-114.28M | $7.85M | (m) | $260.01M | (m) | $-82.55M | (m) | (m) | -46.97% | 1.38× |
| 2020-03-31 | $-82.00M | (m) | $-75.27M | $6.72M | (m) | $249.47M | (m) | $-91.99M | (m) | (m) | -32.87% | 0.82× |
| 2019-12-31 | $-57.20M | (m) | $-51.52M | $5.68M | (m) | $230.24M | (m) | $-85.47M | (m) | (m) | -24.85% | 0.60× |
| 2019-09-30 | $-74.28M | (m) | $-67.78M | $6.51M | (m) | $191.86M | (m) | $-90.58M | (m) | (m) | -38.72% | 0.75× |
| 2019-06-30 | $-66.57M | (m) | $-60.93M | $5.64M | (m) | $188.65M | (m) | $-84.91M | (m) | (m) | -35.29% | 0.72× |
| 2019-03-31 | $-75.44M | (m) | $-69.85M | $5.58M | (m) | $166.81M | (m) | $-92.22M | (m) | (m) | -45.22% | 0.76× |
| 2018-12-31 | $-62.76M | (m) | $-57.62M | $5.14M | (m) | $174.63M | (m) | $-78.11M | (m) | (m) | -35.94% | 0.74× |
| 2018-09-30 | $-26.07M | (m) | $-20.53M | $5.54M | (m) | (m) | (m) | $-80.71M | (m) | (m) | (m) | 0.25× |
| 2018-06-30 | $-52.40M | (m) | $-47.03M | $5.38M | (m) | (m) | (m) | $-106.13M | (m) | (m) | (m) | 0.44× |
| 2018-03-31 | $-65.16M | (m) | $-60.35M | $4.81M | (m) | (m) | (m) | $-122.88M | (m) | (m) | (m) | 0.49× |
| 2017-12-31 | $-64.27M | (m) | $-60.18M | $4.09M | (m) | (m) | (m) | $-127.08M | (m) | (m) | (m) | 0.47× |
| 2017-09-30 | $-83.36M | (m) | $-81.26M | $2.10M | (m) | (m) | (m) | $-126.85M | (m) | (m) | (m) | 0.64× |
| 2017-06-30 | $-73.48M | (m) | $-72.21M | $1.27M | (m) | (m) | (m) | $-99.26M | (m) | (m) | (m) | 0.73× |
| 2017-03-31 | $-47.74M | (m) | $-46.58M | $1.16M | (m) | $85.83M | (m) | $-69.77M | (m) | (m) | -55.62% | 0.67× |
| 2016-12-31 | $-32.38M | (m) | $-29.64M | $2.74M | (m) | $85.93M | (m) | $-57.49M | (m) | (m) | -37.68% | 0.52× |
| 2016-09-30 | $-42.73M | (m) | $-39.65M | $3.08M | (m) | $91.78M | (m) | $-63.48M | (m) | (m) | -46.56% | 0.62× |
| 2016-06-30 | $-43.44M | (m) | $-38.78M | $4.66M | (m) | $105.65M | (m) | $-60.30M | (m) | (m) | -41.11% | 0.64× |
| 2016-03-31 | $-45.73M | (m) | $-40.55M | $5.18M | (m) | $109.20M | (m) | $-56.39M | (m) | (m) | -41.87% | 0.72× |
| 2015-12-31 | $-50.79M | (m) | $-47.27M | $3.52M | (m) | $103.29M | (m) | $-55.69M | (m) | (m) | -49.18% | 0.85× |
| 2015-09-30 | $-50.17M | (m) | $-47.05M | $3.12M | (m) | $86.31M | (m) | $-37.65M | (m) | (m) | -58.12% | 1.25× |
| 2015-06-30 | $-47.38M | (m) | $-45.10M | $2.28M | (m) | $74.76M | (m) | $-36.78M | (m) | (m) | -63.37% | 1.23× |
| 2015-03-31 | $-46.89M | (m) | $-45.54M | $1.36M | (m) | $68.07M | (m) | $-23.68M | (m) | (m) | -68.89% | 1.92× |
| 2014-12-31 | $-42.19M | (m) | $-40.78M | $1.41M | (m) | $64.23M | (m) | $-88.49M | (m) | (m) | -65.69% | 0.46× |
| 2014-09-30 | $-40.91M | (m) | $-39.96M | $944.22K | (m) | (m) | (m) | $-110.34M | (m) | (m) | (m) | 0.36× |
| 2014-06-30 | $-36.22M | (m) | $-35.88M | $342.75K | (m) | (m) | (m) | $-116.88M | (m) | (m) | (m) | 0.31× |
| 2014-03-31 | (m) | (m) | (m) | $-395.57K | (m) | (m) | (m) | (m) | (m) | (m) | (m) | (m) |
| 2013-12-31 | $-26.77M | (m) | $-26.88M | $-111.03K | (m) | $26.60M | (m) | $-62.79M | (m) | (m) | -100.63% | 0.43× |
| 2013-09-30 | $-22.49M | (m) | $-22.56M | $-70.11K | (m) | (m) | (m) | $-42.30M | (m) | (m) | (m) | 0.53× |
| 2013-06-30 | $-22.80M | (m) | $-22.69M | $107.63K | (m) | (m) | (m) | $27.07M | (m) | (m) | (m) | -0.84× |
| 2013-03-31 | (m) | (m) | $-22.62M | (m) | (m) | (m) | (m) | $-33.89M | (m) | (m) | (m) | 0.67× |
| 2012-12-31 | $-20.24M | (m) | $-20.16M | $77.53K | (m) | (m) | (m) | $-31.86M | (m) | (m) | (m) | 0.63× |
| 2012-09-30 | $-30.17M | (m) | $-29.71M | $462.37K | (m) | (m) | (m) | $-30.56M | (m) | (m) | (m) | 0.97× |
| 2012-06-30 | $-28.85M | (m) | $-28.54M | $301.64K | (m) | (m) | (m) | $-26.52M | (m) | (m) | (m) | 1.08× |
| 2011-12-31 | $-34.64M | (m) | $-33.31M | $1.33M | (m) | (m) | (m) | $-27.45M | (m) | (m) | (m) | 1.21× |
| 2011-09-30 | (m) | (m) | (m) | (m) | (m) | (m) | (m) | (m) | (m) | (m) | (m) | (m) |
| 2011-06-30 | (m) | (m) | (m) | (m) | (m) | (m) | (m) | (m) | (m) | (m) | (m) | (m) |
| 2011-03-31 | (m) | (m) | (m) | (m) | (m) | (m) | (m) | (m) | (m) | (m) | (m) | (m) |
| 2010-12-31 | $-41.87M | (m) | $-40.77M | $1.10M | (m) | (m) | (m) | $-46.96M | (m) | (m) | (m) | 0.87× |
| 2010-09-30 | (m) | (m) | (m) | (m) | (m) | (m) | (m) | (m) | (m) | (m) | (m) | (m) |
| 2010-06-30 | (m) | (m) | (m) | (m) | (m) | (m) | (m) | (m) | (m) | (m) | (m) | (m) |
| 2009-12-31 | $-38.76M | (m) | $-38.23M | $532.96K | (m) | (m) | (m) | $-40.71M | (m) | (m) | (m) | 0.94× |
(m) means missing inputs. Historical market-based ratios use the saved close on or immediately before period ending and that period’s reported shares; current quotes are not substituted. Five-year projections repeat historical CAGR, not analyst forecasts.
Similar stocks
| Stock Name | Country | Market Cap | PE Ratio |
|---|---|---|---|
| GRAFTECH INTERNATIONAL LTD (EAF) | United States | $0.276B | -0.87 |
| Woodward, Inc. (WWD) | United States | $19.241B | 45.93 |
| Bloom Energy Corp (BE) | United States | $75.828B | 3,816.47 |