Plug Power Inc chart

Last update: 2022-12-30
Key statistics and financials
Revenue per share 1.11
Dividend & YieldN/A$ (N/A)
Beta 1.56
Market capitalization 8.69B
Operating cash flow -531.72M
ESG Scores unknown

Company description

Plug Power Inc. delivers end-to-end clean hydrogen and zero-emissions fuel cell solutions for supply chain and logistics applications, on-road electric vehicles, stationary power market, and others in North America and internationally. It engages in building an end-to-end green hydrogen ecosystem, including green hydrogen production, storage and delivery, and energy generation through mobile or stationary applications. The company provides proton exchange membrane (PEM), fuel cell and fuel processing technologies, and fuel cell/battery hybrid technologies, as well as related hydrogen and green hydrogen generation, storage, and dispensing infrastructure. The company offers GenDrive, a hydrogen-fueled PEM fuel cell system that provides power to material handling electric vehicles; GenFuel, a liquid hydrogen fueling delivery, generation, storage, and dispensing system; GenCare, an ongoing Internet of Things-based maintenance and on-site service program for GenDrive fuel cell systems, GenSure fuel cell systems, GenFuel hydrogen storage and dispensing products, and ProGen fuel cell engines; and GenSure, a stationary fuel cell solution that offers modular PEM fuel cell power to support the backup and grid-support power requirements of the telecommunications, transportation, and utility sectors. It also provides GenKey, an integrated turn-key solution for transitioning to fuel cell power; ProGen, a fuel cell stack and engine technology used in mobility and stationary fuel cell systems, and as engines in electric delivery vans; and GenFuel Electrolyzers that are hydrogen generators optimized for clean hydrogen production. The company sells its products through a direct product sales force, original equipment manufacturers, and dealer networks. It has strategic agreements with Airbus; Lhyfe; Edison Motors; Phillips 66; Apex Clean Energy; BAE Systems; and Universal Hydrogen Co. The company was founded in 1997 and is headquartered in Latham, New York.

Sector: Industrials - Industry: Electrical Equipment & Parts

Financial Ratios
Quick Ratio9.94
Working Capital-0.11
Return On Equity-0.1
Debt To Equity0.11
Fixed Asset Ratio0.03
Fixed Interest Cover-9.62

Financial data

Financial Statements

Cashflow Statement 2018-12-31 2019-12-31 2020-12-31 2021-12-31
Change To Liabilities -3.84M 12.53M 72.79M 84.95M
Total Cashflows From Investing Activities -19.57M -14.24M -95.33M -1.74B
Net Borrowings 125.31M 157.37M 203.89M 20.61M
Total Cash From Financing Activities 120.08M 326.97M 1.52B 3.6B
Change To Operating Activities -4.65M -8.11M -18.4M -32.39M
Issuance Of Stock 7.33M 173.65M 1.3B 3.61B
Net Income -85.61M -83.74M -596.15M -459.96M
Change In Cash 42.1M 259.35M 1.26B 1.5B
Effect Of Exchange Rate -57k -59k 65k -802k
Total Cash From Operating Activities -58.35M -53.32M -155.48M -358.18M
Depreciation 12.53M 12.64M 15.57M 23.37M
Change To Account Receivables -14.67M 10.59M -15.7M -27.6M
Other Cashflows From Financing Activities -43.5M 7.91M 7.91M -1.54M
Change To Netincome 12.35M 18.39M 432.75M 149.23M
Capital Expenditures -18.64M -12.21M -48.26M -192.34M

Income Statement 2018-12-31 2019-12-31 2020-12-31 2021-12-31
Research Development 12.75M 15.06M 27.85M 64.76M
Income Before Tax -94.9M -83.74M -627M -476.16M
Net Income -85.61M -83.74M -596.15M -459.96M
Selling General Administrative 37.69M 43.2M 79.35M 179.85M
Gross Profit -20.66M 10.25M -433.94M -99.32M
Ebit -76.44M -47.61M -576.61M -415.92M
Operating Income -76.44M -47.61M -576.61M -415.92M
Interest Expense -22.75M -37.03M -60.51M -43.23M
Income Tax Expense -9.29M -30.84M -16.2M
Total Revenue 174.22M 229.97M -93.24M 502.34M
Cost Of Revenue 194.87M 219.72M 340.71M 601.66M
Total Other Income ExpenseNet -18.46M -36.13M -50.39M -60.24M
Net Income From Continuing Ops -85.61M -83.74M -596.15M -459.96M
Net Income Applicable To Common Shares -85.66M -85.56M -596.18M -459.96M

Balance Sheet Statement 2018-12-31 2019-12-31 2020-12-31 2021-12-31
Total Liabilities 355.97M 528.46M 784.36M 1.34B
Total Stockholder Equity 2.71M 129.9M 1.47B 4.61B
Other Current Liabilities 12.62M 18.39M 52.76M 156.18M
Total Assets 390.33M 659.51M 2.25B 5.95B
Common Stock 2.34M 3.19M 4.74M 5.95M
Other Current Assets 17.4M 54.81M 64.04M 118.63M
Retained Earnings -1.26B -1.35B -1.95B -2.4B
Treasury Stock -29.05M -29.93M -37.98M -74.06M
Cash 38.6M 139.5M 1.31B 2.48B
Total Current Liabilities 146.37M 133.96M 222.37M 420.55M
Other Stockholder Equity 1.58M 1.29M 2.45M -1.53M
Property, Plant, and Equipment 159.62M 79.94M 197.29M 500.65M
Total Current Assets 155.62M 313.66M 1.6B 4.45B
Net Tangible Assets -10.2M 115.52M 1.36B 4.23B
Net Receivables 40.67M 39.02M 58.39M 135.01M
Accounts Payable 34.82M 40.38M 50.2M 92.31M


Insider Transactions

Here are the insider transactions of stock shares related to Plug Power Inc:

Filer Name Transaction Text Ownership Date Filer Relation Shares
HULL MARTIN DANIELStock Award(Grant) at price 0.00 per share.D2022-10-17Officer35k
HOEFELMANN DIRK OLEStock Award(Grant) at price 0.00 per share.D2022-10-17Officer100k
MCNAMEE GEORGE CStock Award(Grant) at price 21.01 per share.D2022-10-03Director773
WILLIS GARY KStock Award(Grant) at price 21.01 per share.D2022-10-03Director535
BUA JEAN AStock Award(Grant) at price 21.01 per share.D2022-10-03Director476
HELMER MAUREEN OStock Award(Grant) at price 21.01 per share.D2022-10-03Director506
KENAUSIS GREGORYStock Award(Grant) at price 21.01 per share.D2022-10-03Director446
SCHNEIDER LUCAS P.Stock Award(Grant) at price 21.01 per share.D2022-10-03Director387
SILVER JONATHAN MStock Award(Grant) at price 21.01 per share.D2022-10-03Director773
MAHTANI KAVITAStock Award(Grant) at price 21.01 per share.D2022-10-03Director446
MCNAMEE GEORGE CStock Award(Grant) at price 16.57 per share.D2022-07-01Director981
WILLIS GARY KStock Award(Grant) at price 16.57 per share.D2022-07-01Director679
BUA JEAN AStock Award(Grant) at price 16.57 per share.D2022-07-01Director517
HELMER MAUREEN OStock Award(Grant) at price 16.57 per share.D2022-07-01Director641
ROTH JOHANNES MINHOStock Award(Grant) at price 16.57 per share.D2022-07-01Director739
KENAUSIS GREGORYStock Award(Grant) at price 16.57 per share.D2022-07-01Director571
SCHNEIDER LUCAS P.Stock Award(Grant) at price 16.57 per share.D2022-07-01Director490
SILVER JONATHAN MStock Award(Grant) at price 16.57 per share.D2022-07-01Director981
HARRIMAN KIMBERLY A.Stock Award(Grant) at price 16.57 per share.D2022-07-01Director566
MAHTANI KAVITAStock Award(Grant) at price 16.57 per share.D2022-07-01Director485
MCNAMEE GEORGE CStock Award(Grant) at price 0.00 per share.D2022-06-30Director6.79k
WILLIS GARY KStock Award(Grant) at price 0.00 per share.D2022-06-30Director6.79k
BUA JEAN AStock Award(Grant) at price 0.00 per share.D2022-06-30Director6.79k
HELMER MAUREEN OStock Award(Grant) at price 0.00 per share.D2022-06-30Director6.79k
KENAUSIS GREGORYStock Award(Grant) at price 0.00 per share.D2022-06-30Director6.79k
SCHNEIDER LUCAS P.Stock Award(Grant) at price 0.00 per share.D2022-06-30Director6.79k
SILVER JONATHAN MStock Award(Grant) at price 0.00 per share.D2022-06-30Director6.79k
MAHTANI KAVITAStock Award(Grant) at price 0.00 per share.D2022-06-30Director6.79k
HULL MARTIN DANIELStock Award(Grant) at price 0.00 per share.D2022-04-06Officer100k
MCNAMEE GEORGE CStock Award(Grant) at price 28.61 per share.D2022-04-01Director568
WILLIS GARY KStock Award(Grant) at price 28.61 per share.D2022-04-01Director393
HELMER MAUREEN OStock Award(Grant) at price 28.61 per share.D2022-04-01Director371
ROTH JOHANNES MINHOStock Award(Grant) at price 28.61 per share.D2022-04-01Director428
KENAUSIS GREGORYStock Award(Grant) at price 28.61 per share.D2022-04-01Director350
SCHNEIDER LUCAS P.Stock Award(Grant) at price 28.61 per share.D2022-04-01Director284
SILVER JONATHAN MStock Award(Grant) at price 28.61 per share.D2022-04-01Director568
HARRIMAN KIMBERLY A.Stock Award(Grant) at price 28.61 per share.D2022-04-01Director328
MCNAMEE GEORGE CStock Award(Grant) at price 28.23 per share.D2022-01-03Director576
WILLIS GARY KStock Award(Grant) at price 28.23 per share.D2022-01-03Director399
HELMER MAUREEN OStock Award(Grant) at price 28.23 per share.D2022-01-03Director376
ROTH JOHANNES MINHOStock Award(Grant) at price 28.23 per share.D2022-01-03Director434
KENAUSIS GREGORYStock Award(Grant) at price 28.23 per share.D2022-01-03Director354
SCHNEIDER LUCAS P.Stock Award(Grant) at price 28.23 per share.D2022-01-03Director288
SILVER JONATHAN MStock Award(Grant) at price 28.23 per share.D2022-01-03Director576
HARRIMAN KIMBERLY A.Stock Award(Grant) at price 28.23 per share.D2022-01-03Director332
MCNAMEE GEORGE CStock Award(Grant) at price 25.54 per share.D2021-10-01Director636
WILLIS GARY KStock Award(Grant) at price 25.54 per share.D2021-10-01Director440
HELMER MAUREEN OStock Award(Grant) at price 25.54 per share.D2021-10-01Director416
ROTH JOHANNES MINHOStock Award(Grant) at price 25.54 per share.D2021-10-01Director480
KENAUSIS GREGORYStock Award(Grant) at price 25.54 per share.D2021-10-01Director392
SCHNEIDER LUCAS P.Stock Award(Grant) at price 25.54 per share.D2021-10-01Director318

Insider transaction explanations

Insider buying is the legal purchase of shares by a senior executive or director of a company. "Filer Name" corresponds to the name of the stock buyer or seller. "Transaction Text" describes the transaction. "Ownership" gives information about the transaction type. "Date" is the reported transaction date. "Filer Relation" gives the role of the insider in the company. "Shares" is the value of the transaction. You will find the complete description of the General Transaction Codes on the SEC dedicated page


Investment strategy backtesting

These are the result of three automatic investment systems applied to Plug Power Inc. You will find the performance of an systematic investment system, a momentum strategy, and a buy the dip trading strategy.


Systematic investment results on Plug Power Inc

Here is the result of two systematic investment strategies applied to Plug Power Inc. The first strategy automatically buys the first day of the month, and the second strategy buys the fifteenth day of the month.

Systematic investment equity curve on Plug Power Inc

The following chart shows the equity curve of the two systematic investment strategies applied to Plug Power Inc:

Plug Power Inc automated entries

The systematic investment strategy that buys the first day of the month would give a performance of 663.42% on the backtest period.

Performance at glance

Performance

663.42 %

Latent gain

14788.88 $

Invested capital

2229.19 $

Annualized return

160.25 %
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Momentum strategy results on Plug Power Inc

This is the result of two momentum investment strategies applied to Plug Power Inc. The first strategy uses a momentum signal calculated on one quarter, and the second uses a momentum signal calculated on two quarters.

Momentum entry openings on Plug Power Inc

The following chart shows all the entries opened by the momentum investment system on Plug Power Inc:

Plug Power Inc momentum entries
  • The first momentum investment strategy would give 924.03% of return on Plug Power Inc. That represents 48307.53$ of latent gain with 5227.92$ of employed capital.
  • The second momentum investment strategy would give 924.34% of return on Plug Power Inc. That represents 29983.29$ of latent gain with 3243.75$ of employed capital.
Performance at glance (1Q Momentum)

Performance

924.03 %

Latent gain

48307.53 $

Invested capital

5227.92 $

Annualized return

1.72 %
Performance at glance (2Q Momentum)

Performance

924.34 %

Latent gain

29983.29 $

Invested capital

3243.75 $

Annualized return

252.55 %

Momentum equity curve on Plug Power Inc

The following chart shows the equity curve of the two momentum strategies applied to Plug Power Inc:

Plug Power Inc momentum equity

Note: the dividends potentially given by Plug Power Inc are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on Plug Power Inc

The following chart shows the employed capital evolution of the two momentum strategies on Plug Power Inc since the beginning:

Plug Power Inc

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250$, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000$.


Buy the dip strategy result on Plug Power Inc

Buy the dip entry openings on Plug Power Inc

Plug Power Inc

The performance achieved by the robo-advisor on Plug Power Inc is 3.69%. That represents 9.6$ of latent gain with 260.1$ of employed capital. The following chart shows Plug Power Inc stock price with all the entries opened by the automated investment system.

Note: The blue line represents the weekly stock price of Plug Power Inc, and the green triangles represent the entry openings. The artificall robo-advisor needs at least 100 weeks of trading history to work.

Performance at glance

Performance

3.69 %

Latent gain

9.6 $

Invested capital

260.1 $

Annualized return

1.72 %

Equity curve of the strategy applied to Plug Power Inc

The following chart shows the result of the investment strategy applied to Plug Power Inc:

Plug Power Inc

Note: the dividends potentially given by Plug Power Inc are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on Plug Power Inc

The following chart shows the employed capital evolution since the beginning of the investment strategy on Plug Power Inc:

Plug Power Inc

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250$, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000$.


Investment strategies comparison on Plug Power Inc

In this section, I will compare the three previous investment strategies applied to Plug Power Inc.

Equity curve comparison on Plug Power Inc

The following chart shows the equity curve of the artificall advisor, the trend folowing and the automatic investment strategies:

Plug Power Inc investment strategy comparison

Employed capital comparison on Plug Power Inc

Plug Power Inc investment comparison

Performance comparison on Plug Power Inc

Strategy Latent Profit Growth Employed capital CAGR
Automatic investment 663.42% 14788.88$ 2229.19$ 160.25%
Momentum 1 quarter 924.03% 48307.53$ 5227.92$ 236.93%
Momentum 2 quarters 924.34% 29983.29$ 3243.75$ 252.55%
Non-directional 3.69% 9.6$ 260.1$ 1.72%
Annualized return comparison

Automatic investment

160.25 %

Momentum 1Q

252.55 %

Momentum 2Q

252.55 %

Non-directional

1.72 %

Correlated stocks

Here are the most positively and negatively correlated stocks with Plug Power Inc:

Note: The algorithm computes the probability of correlation between Plug Power Inc and the other stocks. There may be false positives or some missing correlated stocks. If the price of Plug Power Inc does not vary for 36 weeks, the correlation calculation result will be wrong.


Company information

Company name Plug Power Inc
Country United States
City Latham
Address 968 Albany Shaker Road
Phone 518 782 7700
Website www.plugpower.com
FullTime employees 2249
Industry Electrical Equipment & Parts
Sector Industrials
Exchange XNAS
Ticker PLUG
Market www.nasdaq.com

Plug Power Inc ESG Scores

Environment scores

Environment ESG Factors Scores
Environment Score 0
Peer Environment Performance unknown
Environment Percentile unknown
Palm Oil unknown
Nuclear unknown
Fur Leather unknown
GMO unknown
Coal unknown
Pesticides unknown
Animal Testing unknown

Social scores

Social ESG Factors Scores
Social Score 0
Peer Social Performance unknown
Social Percentile unknown
Highest Controversy unknown
Peer Highest Controversy Performance unknown
Adult unknown
Gambling unknown
Alcoholic unknown
Tobacco unknown
Catholic unknown
Controversial Weapons unknown
Small Arms unknown
Military Contract unknown
Peer Count unknown

Related Controversy:


Governance scores

Governance ESG Factors Scores
Governance Score 0
Peer Governance Performance unknown
Governance Percentile unknown

ESG at glance
Total ESG Scores: unknown
Environment Score: 0
Social Score: 0
Governance Score: 0

ESG Performance: unknown

Peer Group: unknown

Peer Esg Score Performance: unknown

Rating Year: unknown

Rating Month: unknown

Max Age: unknown

Percentile: unknown