Plug Power (XSWX:PLUG) Debt-to-Revenue : 1.45 (As of Jun. 2026)

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XSWX:PLUG Plug Power Inc XSWX:PLUG
38 GF Score
Price CHF1.75
GF Value CHF1.20
! 5 Warning Signs
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What is Plug Power Debt-to-Revenue?

Plug Power XSWX:PLUG 38 Debt-to-Revenue is 1.45 as of Jun. 2026. GuruFocus rates XSWX:PLUG with a GF Score™ of 38/100 and a GF Value™ of CHF1.20. The stock has 5 warning signs investors should review.

Debt-to-Revenue measures a company's ability to pay off its debt.

Plug Power's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2026 was CHF98.9 Mil. Plug Power's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2026 was CHF730.0 Mil. Plug Power's annualized Revenue for the quarter that ended in Jun. 2026 was CHF570.1 Mil. Plug Power's annualized Debt-to-Revenue for the quarter that ended in Jun. 2026 was 1.45.

Plug Power Debt-to-Revenue Historical Data

* Premium members only.

The historical data trend for Plug Power's Debt-to-Revenue can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Plug Power Debt-to-Revenue Chart

Plug Power Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Debt-to-Revenue
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.61 1.28 1.09 1.72 1.41

Plug Power Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Debt-to-Revenue Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.43 1.40 1.11 1.54 1.45

XSWX:PLUG vs HAYW, ATKR, PLPC: Debt-to-Revenue Comparison

For the Electrical Equipment & Parts subindustry, Plug Power's Debt-to-Revenue, along with its competitors' market caps and Debt-to-Revenue data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Plug Power Debt-to-Revenue vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Plug Power's Debt-to-Revenue distribution charts can be found below:

* The bar in red indicates where Plug Power's Debt-to-Revenue falls into.


XSWX:PLUG
38GF Score
Plug Power Inc XSWX:PLUG
Debt-to-Revenue is just one metric. See GF Score™, valuation, warning signs, and more.
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Plug Power Debt-to-Revenue Calculation

Debt-to-Revenue measures a company's ability to pay off its debt.

Plug Power's Debt-to-Revenue for the fiscal year that ended in Dec. 2025 is calculated as

Debt-to-Revenue=Total Debt / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(128.07 + 666.577) / 565.734
=1.40

Plug Power's annualized Debt-to-Revenue for the quarter that ended in Jun. 2026 is calculated as

Debt-to-Revenue=Total Debt / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(98.879 + 729.956) / 570.056
=1.45

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

In the calculation of annual Debt-to-Revenue, the Revenue of the last fiscal year is used. In calculating the annualized quarterly data, the Revenue data used here is four times the quarterly (Jun. 2026) Revenue data.

Frequently Asked Questions Learn more about Debt-to-Revenue →
What does a Debt-to-Revenue of 1.45 mean?
Plug Power (XSWX:PLUG) has a Debt-to-Revenue of 1.45 as of Jun. 2026.
Is Plug Power's Debt-to-Revenue too high?
Plug Power's current Debt-to-Revenue is 1.45. Overall, Plug Power has a GF Score™ of 38/100, reflecting its overall financial health beyond just this single metric.
How does Plug Power's Debt-to-Revenue compare to HAYW and ATKR?
Plug Power's Debt-to-Revenue of 1.45 can be compared against companies in the Industrial Products industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-Revenue for an Industrial Products company?
A good Debt-to-Revenue depends on the Industrial Products industry context. However, Debt-to-Revenue should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-Revenue mean?
A high Debt-to-Revenue can signal that a stock is expensive relative to its fundamentals. Plug Power's current Debt-to-Revenue is 1.45. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Plug Power stock overvalued right now?
Plug Power (XSWX:PLUG) has a current Debt-to-Revenue of 1.45. The stock's GF Value™ is CHF1.20, compared to a current price of CHF1.75 — trading 45.6% above its estimated fair value. The current Debt-to-Revenue is 1.45. Plug Power's overall GF Score™ is 38/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-Revenue calculated?
Debt-to-Revenue is calculated from a company's financial statements. For Plug Power (XSWX:PLUG), the current Debt-to-Revenue is 1.45 as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Plug Power (XSWX:PLUG) Overvalued in 2026?

Based on GuruFocus' analysis, Plug Power stock appears to be overvalued. The current stock price of CHF1.75 is trading 45.6% above its estimated GF Value™ of CHF1.20.

Key valuation signals for XSWX:PLUG:

  • Debt-to-Revenue: 1.45
  • GF Value™: CHF1.20 vs. price of CHF1.75 (45.6% above fair value)
  • GF Score™: 38/100 with 5 warning signs

No single metric tells the full story. See the XSWX:PLUG stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Plug Power Business Description

Address 125 Vista Boulevard, Slingerlands, NY, USA, 12159
Plug Power Inc is building an end-to-end green hydrogen ecosystem, from production, storage, and delivery to energy generation. The company plans to build and operate green hydrogen highways across North America and Europe. Plug will deliver its green hydrogen solutions directly to its customers and through joint venture partners into multiple end markets, including material handling, e-mobility, power generation, and industrial applications.
38GF Score

Get the complete analysis for XSWX:PLUG

Debt-to-Revenue is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

CHF1.75
Price
CHF1.20
GF Value