PLUG debt to equity history

Quarterly. Dates are reporting period ends; fiscal years can differ from calendar years.

Plug Power Inc Debt to Equity — Quarterly
Period ending	Debt to Equity
Jun 30, 2026	1.4149×
Mar 31, 2026	1.3472×
Dec 31, 2025	1.0195×
Sep 30, 2025	0.6998×
Jun 30, 2025	0.5901×
Mar 31, 2025	0.5313×
Dec 31, 2024	0.622×
Sep 30, 2024	0.3065×
Jun 30, 2024	0.3065×
Mar 31, 2024	0.3244×
Dec 31, 2023	0.3334×
Sep 30, 2023	0.2772×
Jun 30, 2023	0.2596×
Mar 31, 2023	0.2351×
Dec 31, 2022	0.2213×
Sep 30, 2022	0.212×
Jun 30, 2022	0.1895×
Mar 31, 2022	0.1828×
Dec 31, 2021	0.1759×
Sep 30, 2021	0.1551×
Jun 30, 2021	0.146×
Mar 31, 2021	0.1359×
Dec 31, 2020	0.9554×
Sep 30, 2020	0.9378×
Jun 30, 2020	2.2679×
Mar 31, 2020	4.9856×
Dec 31, 2019	2.2458×
Sep 30, 2019	-31.4715×
Jun 30, 2019	-33.2935×
Mar 31, 2019	-241.9085×
Dec 31, 2018	100.4508×
Sep 30, 2018	15.1084×
Jun 30, 2018	6.155×
Mar 31, 2018	3.2117×
Dec 31, 2017	1.4082×
Sep 30, 2017	1.1457×
Jun 30, 2017	0.6846×
Mar 31, 2017	1.1641×
Dec 31, 2016	0.8033×
Sep 30, 2016	0.7399×
Jun 30, 2016	0.6139×
Mar 31, 2016	0.3524×
Dec 31, 2015	0.1187×
Sep 30, 2015	0.0649×
Jun 30, 2015	0.0183×
Mar 31, 2015	0.0188×
Dec 31, 2014	0.019×
Sep 30, 2014	0.0196×
Jun 30, 2014	0.02×
Mar 31, 2014	0.0785×
Dec 31, 2013	-0.2125×
Sep 30, 2013	1.7961×
Jun 30, 2013	0.5974×
Mar 31, 2013	0.5633×
Dec 31, 2012	0.355×
Sep 30, 2012	0.0434×
Jun 30, 2012	0×
Mar 31, 2012	0×
Dec 31, 2011	0.1862×
Sep 30, 2011	0×
Jun 30, 2011	0×
Mar 31, 2011	0×
Dec 31, 2010	0.0002×
Sep 30, 2010	0.0246×
Jun 30, 2010	0.4459×
Mar 31, 2010	0.682×
Dec 31, 2009	0.6904×
Sep 30, 2009	0.6117×
Jun 30, 2009	0.5902×
Mar 31, 2009	0.5441×
Dec 31, 2008	0.4995×
Sep 30, 2008	0×
Jun 30, 2008	0×
Mar 31, 2008	0×
Dec 31, 2007	0×
Sep 30, 2007	0×
Jun 30, 2007	0×
Mar 31, 2007	0×
Dec 31, 2006	0×
Sep 30, 2006	0.013×
Jun 30, 2006	0.0127×
Mar 31, 2006	0.0357×
Dec 31, 2005	0.0331×
Sep 30, 2005	0.0311×
Jun 30, 2005	0.0541×
Mar 31, 2005	0.0486×
Dec 31, 2004	0.0433×
Sep 30, 2004	0.0424×
Jun 30, 2004	0.0389×
Mar 31, 2004	0.036×
Dec 31, 2003	0.0327×
Sep 30, 2003	0.0498×
Jun 30, 2003	0.0449×
Mar 31, 2003	0.0407×
Dec 31, 2002	0.0537×
Sep 30, 2002	0.0508×
Jun 30, 2002	0.0463×
Mar 31, 2002	0.0429×
Dec 31, 2001	0.0395×
Sep 30, 2001	0.0375×