Net Assets for Plug Power (PLUG)
According to Plug Power's latest reported financial statements, the company's latest reported net assets is $978.07M USD. Net assets — also called stockholders' equity — equal total assets minus total liabilities. They represent the residual claim of shareholders on the company's assets and roughly track book value over time.
Headline figure above is from the reporting period ending (reported ). Chart and table below cover the full reported history back to .
PLUG
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Latest period
$978.07M
YoY change
-43.6%
5Y CAGR
+10.8%
Peak year (2021)
$4.61B
Latest annual
$978.07M
Net Assets history chart for Plug Power (PLUG) from 1998 to 2025
Net Assets history table for Plug Power (PLUG) from 1998 to 2025
| Fiscal year | Period ended | Reported | Net Assets | YoY |
|---|---|---|---|---|
| 2025 | $978.07M | -43.6% | ||
| 2024 | $1.73B | -40.2% | ||
| 2023 | $2.90B | -28.6% | ||
| 2022 | $4.06B | -11.8% | ||
| 2021 | $4.61B | +685.6% | ||
| 2020 | $586.26M | +149.9% | ||
| 2019 | $234.56M | +8545.8% | ||
| 2018 | $2.71M | -96.3% | ||
| 2017 | $73.65M | -13.4% | ||
| 2016 | $85.09M | -31.8% | ||
| 2015 | $124.74M | -21.2% | ||
| 2014 | $158.28M | -985.6% | ||
| 2013 | -$17.87M | -218.9% | ||
| 2012 | $15.03M | -48.2% | ||
| 2011 | $29.04M | -32.3% | ||
| 2010 | $42.91M | -51.4% | ||
| 2009 | $88.27M | -29.9% | ||
| 2008 | $125.86M | -49.4% | ||
| 2007 | $248.90M | -15.5% | ||
| 2006 | $294.53M | +135.7% | ||
| 2005 | $124.95M | +22.4% | ||
| 2004 | $102.11M | -29.2% | ||
| 2003 | $144.29M | +55.7% | ||
| 2002 | $92.70M | -31.3% | ||
| 2001 | $135.00M | +0.7% | ||
| 2000 | $134.13M | -33.4% | ||
| 1999 | $201.41M | +3561.9% | ||
| 1998 | $5.50M | — |
Net Assets values are taken from Plug Power's reported balance sheets (10-Q quarterly and 10-K annual filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the date the filing was reported; YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
Analysis
2025's annual net assets for Plug Power (PLUG) came in at $978.07M – plunged 43.6% year-over-year.
Across 2020–2025 (5 years), Plug Power net assets produced a CAGR of +10.8% – with the latest reading among the more recent periods of the dataset.
Between 2021 and 2025, Plug Power net assets plunged 78.8%, falling from $4.61B to $978.07M.
Across the available history, net assets reached its high of $4.61B in 2021 and its low of -$17.87M in 2013.
Plug Power (PLUG) sits 9th of 8 Industrials peers we track on this metric, against a peer median of $19.05B.
Plug Power Net Assets by Year
Plug Power Net Assets 2025: $978.07M
Plug Power net assets in 2025 was $978.07M, plunged 43.6% below 2024.
Plug Power Net Assets 2024: $1.73B
Plug Power net assets in 2024 was $1.73B, plunged 40.2% below 2023.
Plug Power Net Assets 2023: $2.90B
Plug Power net assets in 2023 was $2.90B, declined 28.6% below 2022.
Plug Power Net Assets 2022: $4.06B
Plug Power net assets in 2022 was $4.06B, declined 11.8% below 2021.
Plug Power Net Assets 2021: $4.61B
Plug Power net assets in 2021 was $4.61B.
See more financial history for Plug Power (PLUG).
Sector peers — Net Assets
Companies in the same sector as Plug Power, ranked by their latest net assets.
| Company | Net Assets | Sector |
|---|---|---|
| RTX Corporation (RTX) | $65.25B | Industrials |
| Deere & Company (DE) | $25.95B | Industrials |
| Caterpillar Inc. (CAT) | $21.32B | Industrials |
| Eaton Corporation plc (ETN) | $19.43B | Industrials |
| GE Aerospace (GE) | $18.68B | Industrials |
| Union Pacific Corporation (UNP) | $18.47B | Industrials |
| Honeywell International Inc. (HON) | $15.44B | Industrials |
| The Boeing Company (BA) | $5.45B | Industrials |
Frequently asked questions
What is Plug Power's net assets?
- Latest reported net assets for Plug Power (PLUG) is $978.07M (period ending December 31, 2025).
How has Plug Power net assets changed year-over-year?
- Plug Power (PLUG) net assets changed -43.6% year-over-year on the latest annual filing.
What is the long-term growth rate of Plug Power net assets?
- Plug Power (PLUG) net assets compound annual growth rate is +10.8% over the most recent 5 years available.
When did Plug Power net assets hit its highest annual value?
- Plug Power net assets reached its highest annual value of $4.61B in 2021.
What was Plug Power net assets in 2024?
- Plug Power (PLUG) net assets in 2024 was $1.73B.
What was Plug Power net assets in 2025?
- Plug Power (PLUG) net assets in 2025 was $978.07M.
Metrics overview
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