What is the ROE (Return on Equity) of Plug Power this year?
The ROE of Plug Power this year is -0.47 undefined.
Plug Power ROE 2024
Plug Power ROE
-0.47
Plug Power Dividend yield
Ticker
PLUG
ISIN
US72919P2020
WKN
A1JA81
In 2024, Plug Power's return on equity (ROE) was -0.47, a 164.87% increase from the -0.18 ROE in the previous year.
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.ROE Details
Decoding Plug Power's Return on Equity (ROE)
Plug Power's Return on Equity (ROE) is a fundamental metric evaluating the company's profitability relative to its equity. Calculated by dividing net income by shareholder's equity, ROE illustrates how effectively the company is generating profits from shareholders’ investments. A higher ROE represents enhanced efficiency and profitability.
Year-to-Year Comparison
Analyzing Plug Power's ROE on a yearly basis aids in tracking its profitability trends and financial performance. An increasing ROE suggests enhanced profitability and value generation for shareholders, whereas a declining ROE may indicate issues in profit generation or equity management.
Impact on Investments
Plug Power's ROE is instrumental for investors assessing the company's profitability, efficiency, and investment attractiveness. A robust ROE indicates the firm’s adeptness at converting equity investments into profits, thereby enhancing its appeal to potential and current investors.
Interpreting ROE Fluctuations
Changes in Plug Power’s ROE can emanate from variations in net income, equity capital, or both. These fluctuations are scrutinized to evaluate management’s effectiveness, financial strategies, and the inherent risks and opportunities, aiding investors in making informed decisions.
Frequently Asked Questions about Plug Power Stock
How has the Return on Equity (ROE) of Plug Power developed compared to the previous year?
The ROE of Plug Power has increased by 164.87% increased compared to the previous year.
What impact does a high ROE (Return on Equity) have on investors of Plug Power?
A high ROE indicates that Plug Power generates good returns on capital and is successful in monetizing its investments. This is a positive indicator for investors.
What impact does a low ROE (Return on Equity) have on investors of Plug Power?
A low ROE can indicate that Plug Power is having difficulties monetizing its investments successfully and can be a negative signal for investors.
How does a change in the ROE (Return on Equity) of Plug Power affect the company?
A change in ROE (Return on Equity) of Plug Power can be an indicator of the financial performance of the company and demonstrate how successful the company is compared to other companies in the same industry.
How to calculate the ROE (Return on Equity) of Plug Power?
The ROE (Return on Equity) is calculated by dividing the company's profit by the total equity. The formula is: ROE = Profit / Total equity.
Which factors influence the ROE (Return on Equity) of Plug Power?
Some factors that can influence Plug Power's Return on Equity (ROE) include the efficiency in using equity, the profitability of the company, and the financing structure.
What strategic measures can take to improve the ROE (Return on Equity)?
To improve the Return on Equity (ROE), can take measures such as cost savings, increasing revenue, improving efficiency in the use of equity, and making changes in the financing structure. It is important for the company to conduct a thorough review of its financial situation to determine the best strategic actions to improve ROE.
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 4/28/2024 amounting to 0 USD, you needed to have the stock in your portfolio before the ex-date on 4/28/2024.
When did Plug Power pay the last dividend?
The last dividend was paid out on 4/28/2024.
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.
