Plug Power Debt to Equity

Plug Power's debt-to-equity ratio stands at 1.44. That is above the Industrials sector average of 1.3. Stockcircle updates this page with the newest filings so you can track how the metric evolves quarter by quarter.

Plug Power sits higher the Industrials benchmark (1.3) with a debt-to-equity ratio of 1.44. That is roughly 11.0% above the sector mean. Peer context matters because what looks expensive or cheap in absolute terms can be normal for the sector.

Whether 1.44 is attractive depends on Plug Power's earnings outlook, competitive position, and how peers are valued. Investors typically ask: is growth accelerating, are margins stable, and is the multiple expanding or compressing over time? The history and comparison charts below are built for those checks.

The history chart shows how Plug Power's debt-to-equity ratio evolved across reporting periods, while the comparison chart places PLUG next to similar companies. Use both: a rising metric that still lags peers tells a different story than a rising metric that already leads the group. Growth charts, when available, highlight acceleration or slowdown.

Yes — within Industrials, debt-to-equity ratio is commonly used to spot outliers. Plug Power's reading of 1.44 (sector avg 1.3) is a starting point; confirm whether differences come from growth, margins, accounting choices, or one-time items before treating an outlier as a buy or sell signal.