Debt-to-Equity Ratio
Higher than 63% of Industrials sector peers
Updated 80h ago
Sector Performance
63th percentilePLUG
1.00x
Sector Median
0.72x
Sector Avg
0.79x
Deep Analysis
The debt-to-equity ratio compares a company’s total liabilities to its shareholders’ equity, showing how much debt it uses to finance operations.
At 1.00x, PLUG’s ratio is above the sector median of 0.72x, placing it in the 63rd percentile among peers — meaning it carries more debt relative to equity than 63% of similar companies. The year-over-year change is not available, but the ratio fell 25.9% quarter-over-quarter from 1.35x to 1.00x, indicating a sharp reduction in leverage. A still-elevated level combined with a declining trend suggests lower financial risk than before, yet the ratio remains above the sector norm. This reduction in debt reliance aligns with the CAUTIOUS overall verdict by improving the company’s financial stability, though the above-median starting point warrants continued caution.
Frequently Asked Questions
What does the Debt-to-Equity Ratio tell investors about PLUG?
Shows how much a company is financing its operations through debt vs shareholder funds. High D/E can amplify returns — and losses.
How is the Debt-to-Equity Ratio calculated?
Debt-to-Equity Ratio is calculated as: Total Debt / Shareholders' Equity.
How does PLUG's Debt-to-Equity Ratio compare to its sector?
PLUG's Debt-to-Equity Ratio of 1.00x compares to a Industrials sector median of 0.72x, placing it in the 63th percentile.
Who are PLUG's closest peers by Debt-to-Equity Ratio?
The closest Industrials peers by Debt-to-Equity Ratio include: PWR (0.65x), CHRW (0.79x), ADP (0.63x), RTX (0.56x), ROP (0.56x).
The Formula
Total Debt / Shareholders' Equity
Why It Matters
Shows how much a company is financing its operations through debt vs shareholder funds. High D/E can amplify returns — and losses.
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1.00x
Sector Median
0.72x
Sector Avg
0.79x
How PLUG's Debt-to-Equity Ratio compares to sector peers.
Also Analyze
Not financial advice. Research tool only. Data may be delayed.