Plug Historical Income Statement
| PLUG Stock | USD 2.13 0.06 2.90% |
Historical analysis of Plug Power income statement accounts such as Research Development of 119.4 M, Cost Of Revenue of 1.5 B, Total Operating Expenses of 563 M or Selling General Administrative of 443.6 M can show how well Plug Power performed in making a profits. Evaluating Plug Power income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Plug Power's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining Plug Power latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Plug Power is a good buy for the upcoming year.
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About Plug Income Statement Analysis
Plug Power Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Plug Power shareholders. The income statement also shows Plug investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).
Plug Power Income Statement Chart
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Interest Expense
The cost incurred by an entity for borrowed funds, including loans, bonds, or lines of credit.Total Revenue
Total revenue comprises all receipts Plug Power generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.Operating Income
Operating Income is the amount of profit realized from Plug Power operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Plug Power is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.Total Operating Expenses
The total costs associated with the day-to-day operations of a business, excluding the cost of goods sold but including selling, general, and administrative expenses.Most accounts from Plug Power's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Plug Power current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Plug Power. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in employment. For more detail on how to invest in Plug Stock please use our How to Invest in Plug Power guide.At this time, Plug Power's Total Revenue is most likely to increase significantly in the upcoming years. The Plug Power's current Other Operating Expenses is estimated to increase to about 2.3 B, while Operating Income is forecasted to increase to (1.3 B).
| 2021 | 2022 | 2023 | 2024 (projected) | Total Operating Expenses | 244.6M | 463.5M | 536.2M | 563.0M | Cost Of Revenue | 673.7M | 895.8M | 1.4B | 1.5B |
Plug Power income statement Correlations
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Plug Power Account Relationship Matchups
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Plug Power income statement Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Depreciation And Amortization | 171.9K | 15.6M | 23.4M | 51.6M | 71.1M | 74.6M | |
| Interest Expense | 35.5M | 60.5M | 43.2M | 39.0M | 45.2M | 47.5M | |
| Total Revenue | 230.2M | (100.5M) | 502.3M | 701.4M | 891.3M | 935.9M | |
| Gross Profit | 28.0M | (523.8M) | (171.3M) | (194.4M) | (507.8M) | (482.4M) | |
| Other Operating Expenses | 280.3M | 449.8M | 918.3M | 1.4B | 2.2B | 2.3B | |
| Operating Income | (50.0M) | (550.3M) | (437.3M) | (679.6M) | (1.3B) | (1.3B) | |
| Ebit | (37.5M) | (566.5M) | (432.9M) | (684.1M) | (1.3B) | (1.3B) | |
| Research Development | 33.7M | 51.0M | 64.8M | 99.6M | 113.7M | 119.4M | |
| Ebitda | (37.4M) | (550.9M) | (409.6M) | (632.5M) | (1.3B) | (1.2B) | |
| Cost Of Revenue | 202.3M | 423.3M | 673.7M | 895.8M | 1.4B | 1.5B | |
| Total Operating Expenses | 78.0M | 126.9M | 244.6M | 463.5M | 536.2M | 563.0M | |
| Income Before Tax | (85.5M) | (592.5M) | (476.2M) | (723.2M) | (1.4B) | (1.3B) | |
| Total Other Income Expense Net | (35.4M) | (42.8M) | (38.8M) | (43.6M) | (32.7M) | (31.0M) | |
| Net Income | (121.0M) | (561.7M) | (460.0M) | (724.0M) | (1.4B) | (1.3B) | |
| Income Tax Expense | 35.5M | (30.8M) | (16.2M) | 839K | (7.4M) | (7.0M) | |
| Net Income From Continuing Ops | (85.5M) | (596.2M) | (460.0M) | (724.0M) | (1.4B) | (1.3B) | |
| Non Operating Income Net Other | (35.4M) | (42.8M) | (6.5M) | (23.5M) | (21.1M) | (20.1M) | |
| Net Income Applicable To Common Shares | (85.5M) | (596.2M) | (460.0M) | (724.0M) | (651.6M) | (619.0M) | |
| Interest Income | 35.4M | 58.4M | 4.0M | 37.3M | 55.8M | 29.8M | |
| Net Interest Income | (35.5M) | (58.4M) | (39.2M) | (1.8M) | 10.6M | 11.2M | |
| Reconciled Depreciation | 12.7M | 14.8M | 23.4M | 51.6M | 71.1M | 74.6M |
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When determining whether Plug Power is a strong investment it is important to analyze Plug Power's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Plug Power's future performance. For an informed investment choice regarding Plug Stock, refer to the following important reports:Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Plug Power. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in employment. For more detail on how to invest in Plug Stock please use our How to Invest in Plug Power guide.You can also try the Watchlist Optimization module to optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm.
Is Electrical Components & Equipment space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Plug Power. If investors know Plug will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Plug Power listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (2.11) | Revenue Per Share 0.929 | Quarterly Revenue Growth (0.13) | Return On Assets (0.13) | Return On Equity (0.43) |
The market value of Plug Power is measured differently than its book value, which is the value of Plug that is recorded on the company's balance sheet. Investors also form their own opinion of Plug Power's value that differs from its market value or its book value, called intrinsic value, which is Plug Power's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Plug Power's market value can be influenced by many factors that don't directly affect Plug Power's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Plug Power's value and its price as these two are different measures arrived at by different means. Investors typically determine if Plug Power is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Plug Power's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.