Plug Power Market capitalization 2024

Plug Power Market capitalization

1.94 B USD

Plug Power Dividend yield

Ticker

PLUG

ISIN

US72919P2020

WKN

A1JA81

In 2024, Plug Power's market cap stood at 1.94 B USD, a -64.44% increase from the 5.44 B USD market cap in the previous year.

The Plug Power Market capitalization history

YEARREVENUE (undefined USD)GROSS MARGIN (%)NET INCOME (undefined USD)
2029e4.85-10,48386.28
2028e3.8-13,36189.35
2027e3.53-14,3766.27
2026e1.89-26,84-293.42
2025e1.41-35,99-437.39
2024e0.94-53,84-912.65
20230.89-56,97-1,368.83
20220.7-27,71-724.01
20210.5-34,10-459.97
20200.31-22,75-596.18
20190.234,63-85.56
20180.17-14,93-85.66
20170.1-28,05-130.18
20160.094,59-57.59
20150.1-9,58-55.8
20140.06-7,57-88.64
20130.03-42,28-62.79
20120.03-54,98-31.86
20110.03-33,58-27.45
20100.02-51,40-46.96
20090.01-60,09-40.71
20080.02-84,05-121.7
20070.02-74,81-60.57
20060.01-59,16-50.31
20050.01-19,92-51.74
20040.02-16,73-46.74

Plug Power Aktienanalyse

What does Plug Power do?

Plug Power Inc. is an American company that specializes in the development and production of fuel cells. The company was founded in 1997 in Latham, New York, and has since relocated its headquarters to the same location. Plug Power's history began in 1999 with the introduction of the first portable fuel cell system. In 2002, the company then introduced the first fuel cell system for forklifts. This system quickly gained popularity among companies seeking an environmentally friendly and efficient solution for their forklift fleet. Since then, the company has continuously expanded its product range and now also offers fuel cell systems for other applications such as trucks, drones, and stationary power generation. Plug Power's business model is based on the idea of offering a green, sustainable alternative to conventional energy sources. Fuel cell systems produce electricity through a chemical reaction between hydrogen and oxygen, with electrical energy and pure water as byproducts. Compared to fossil fuels such as coal or petroleum, fuel cell technology is much more energy efficient, as it practically has no losses due to friction or heat development. One of Plug Power's most important divisions is the manufacturing of fuel cell systems for forklifts. The company has achieved a leading market position in this area and is able to serve a wide variety of forklift models with different performance requirements. The advantages of Plug Power's fuel cell systems for forklifts are clear: forklifts powered by fuel cells have longer operating times, require less maintenance, can be refueled quickly and safely, and do not produce harmful emissions. Another important division of Plug Power is the development of fuel cell systems for trucks. Large trucks are responsible for a large portion of emissions in the transportation sector, and Plug Power sees great potential for its fuel cell technology in this area. The company has already formed partnerships with major truck manufacturers such as Volvo and Renault Trucks and is working on developing fuel cell systems for all types of commercial vehicles. In addition to forklifts and trucks, Plug Power also offers fuel cell systems for drones and stationary applications. In both cases, the focus is on offering an efficient and environmentally friendly alternative to conventional power sources. Fuel cells for drones enable longer flight times and greater payloads, while fuel cells for stationary applications provide reliable power supply for buildings and infrastructure. Plug Power's flagship product is the GenDrive fuel cell system for forklifts. This system consists of a fuel cell, a hydrogen tank, and a control unit, replacing the conventional battery drive of forklifts. GenDrive customers can benefit from higher efficiency, lower operating costs, and improved environmental performance. Overall, Plug Power has developed a wide range of products and is a leader in the application of fuel cells in the industry. The future of the company looks promising as the demand for environmentally friendly technologies in the industry and transportation sector continues to rise. Plug Power ist eines der beliebtesten Unternehmen auf Eulerpool.com.

Market capitalization Details

Exploring Plug Power's Market Capitalization

Plug Power's market capitalization represents the total dollar market value of the company’s outstanding shares of stock. It is calculated by multiplying the company's shares outstanding by the current market price of one share. This metric is a vital indicator of a company’s size, strength, and overall market value.

Year-to-Year Comparison

A yearly comparison of Plug Power's market capitalization provides investors and analysts insights into its growth and valuation trends. An increase signifies market confidence and business expansion, while a decrease may point towards declining market value or business contractions.

Impact on Investments

Plug Power's market capitalization plays a pivotal role in investment decisions. It aids investors in assessing the company's risk and return profiles. Larger companies are often considered more stable but may offer lower growth potential, while smaller companies might offer significant growth prospects but come with higher risk.

Interpreting Market Capitalization Fluctuations

Variations in Plug Power’s market capitalization can be attributed to several factors, including changes in stock price, outstanding shares, and market sentiment. Understanding these fluctuations helps investors evaluate the company's current standing and future potential in the competitive landscape.

Frequently Asked Questions about Plug Power Stock

What is the current Plug Power market capitalization?

The current market capitalization of Plug Power is 1.94 B USD.

What is market capitalization?

The market capitalization (German: Marktkapitalisierung, English: market capitalization, abbreviated as market cap, also known as stock exchange capitalization or market value) is the calculated total value of all shares of a publicly traded company like Plug Power.

How has the market capitalization of Plug Power developed in recent years?

The market capitalization of Plug Power has increased/decreased by -64.44% compared to the previous year.

What does market capitalization mean for investors?

The market capitalization of a company reflects the current market consensus on the value of the equity of a publicly traded company.

Why is market capitalization an important indicator for investors?

The market capitalization of a company reflects the current market consensus on the value of a publicly traded company's equity. It is determined by the supply and demand for the company's shares. Market capitalization is thus significantly influenced by expectations in the stock market regarding the future earnings power of the company, and as such, it can undergo significant fluctuations.

Why does the market capitalization fluctuate?

The market capitalization fluctuates along with the stock price, as the market capitalization is calculated based on the current price and the number of outstanding shares.

What role does market capitalization play in the valuation of Plug Power?

In order to compare the value of companies, it is helpful to consider not only the market capitalization but also the net debt of a company. A potential buyer of the entire company would also acquire the debts of the company. The enterprise value is the total value of a company or a stock corporation. The net financial indebtedness of the company is added to the market capitalization.

Does the market capitalization influence the performance of Plug Power?

There is no verifiable long-term evidence or study that stocks with a specific market capitalization (whether Mega/Large/Mid/Small Cap) would consistently yield significantly higher returns than others. There are occasional small studies (few stocks, short investment period) suggesting that certain classes may perform better or have higher risk, but none of them are 1. conclusive (cause-effect relationship is unclear, experiment is not repeatable) or 2. generalizable (generalization is not possible due to small sample size and time period).

Does the market capitalization of Plug Power have an influence on indices?

Some stock indices use market capitalization as index weighting. Stocks with a higher market capitalization are also weighted higher in the index. This is in contrast to equally weighted indices (all stocks have the same weighting) and free float weighted indices (market capitalization weighting, but only with the number of shares in free float).

How much dividend does Plug Power pay?

Over the past 12 months, Plug Power paid a dividend of . This corresponds to a dividend yield of about . For the coming 12 months, Plug Power is expected to pay a dividend of 0 USD.

What is the dividend yield of Plug Power?

The current dividend yield of Plug Power is .

When does Plug Power pay dividends?

Plug Power pays a quarterly dividend. This is distributed in the months of .

How secure is the dividend of Plug Power?

Plug Power paid dividends every year for the past 0 years.

What is the dividend of Plug Power?

For the upcoming 12 months, dividends amounting to 0 USD are expected. This corresponds to a dividend yield of 0 %.

In which sector is Plug Power located?

Plug Power is assigned to the 'Industry' sector.

Wann musste ich die Aktien von Plug Power kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Plug Power from 5/27/2024 amounting to 0 USD, you needed to have the stock in your portfolio before the ex-date on 5/27/2024.

When did Plug Power pay the last dividend?

The last dividend was paid out on 5/27/2024.

What was the dividend of Plug Power in the year 2023?

In the year 2023, Plug Power distributed 0 USD as dividends.

In which currency does Plug Power pay out the dividend?

The dividends of Plug Power are distributed in USD.

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Andere Kennzahlen von Plug Power

Our stock analysis for Plug Power Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Plug Power Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.