Plug Power Inc. (PLUG) Return on equity 2016–2025
Plug Power Inc. (PLUG) return on equity by fiscal year — reported net income divided by year-end shareholders’ equity.
-166.9%FY2025 · since FY2016: -67.6% → -166.9%
| Fiscal year | Value | YoY |
|---|---|---|
| FY2025 | -166.9% | -45.5 pp |
| FY2024 | -121.4% | -74.1 pp |
| FY2023 | -47.2% | -29.4 pp |
| FY2022 | -17.8% | -7.8 pp |
| FY2021 | -10.0% | +30.7 pp |
| FY2020 | -40.6% | +23.8 pp |
| FY2019 | -64.5% | — |
| FY2017 | -181.0% | -113.4 pp |
| FY2016 | -67.6% | — |
ROE = reported net income ÷ reported year-end shareholders’ equity for the same fiscal year. Heavy buybacks shrink equity and can push ROE very high (or negative-equity years drop out).
Source: SEC XBRL filings · For reference only · Not investment advice