PLUG Plug Power Inc.
Stable Earnings Power
F 21.1 / 100 pillar composite

AlphaQuality composite grade, weighted for stable earnings power businesses.

⚠ 5 of the last 5 fiscal years showed negative net income — AlphaQuality will not grade above F for persistent unprofitability in a stable earnings power business.

Grade overrides the 21.1 pillar composite — hard gates always win.

Profitability

Weight: 20%
F 0
  • 5yr Avg ROIC -33.3%
  • Operating Margin Trend -24.17 pp/yr

Capital Efficiency

Weight: 15%
F 0
  • 5yr Avg ROE -72.6%
  • 5yr Share-Count CAGR 26.7%

Growth Quality

Weight: 15%
A- 80
  • Revenue-Growth Years (5) 4/5

Cash Generation

Weight: 15%
F 0
  • 5yr FCF Margin -145.8%
  • 5yr FCF/NI Conversion 0.00x

Balance Sheet

Weight: 20%
F 0
  • Net Debt / EBITDA 10.00x
  • Interest Coverage (EBIT/Int) -25.00x
  • Altman Z-Score -4.83

Stability

Weight: 15%
C+ 61
  • Negative-Revenue Years (5) 1/5
  • Piotroski F-Score 4

Guru Flow

Curated superinvestor sentiment — not part of the AlphaQuality grade.
Dumping

5 of 5 gurus held; 1 new buy; 1 added; 3 trimmed.

Holders
5 +2
Avg Δ position
-74.7%
New buys
1
Full exits
0
As of Q2 2026