Plains GP Holdings LP

Plains GP Holdings LP

PAGP
Plains GP Holdings LPUS flagNASDAQ
27.31
USD
-0.14
- -
5.40BMarket Cap
Plains GP Holdings LP
PAGP
(NASDAQ)

Recent

price

27.31

P/E

ratio

- -

div

yld

- -

ROIC.AI

2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
FRC
538.69
713.07
786.35
852.33
804.89
278.94
203.86
180.85
215.54
200.41
125.22
216.9
295.58
242.75
248.17
62.87
115.75
Revenue per Share
0.04
0.04
0.06
0.3
1.3
1.42
0.95
-5.04
2.11
1.97
-3.05
0.31
0.87
1.02
0.52
0.37
1.23
Basic EPS, GAAP
-4.22
35.83
0.58
6.76
1.04
-8.82
-6.22
10.15
6.14
7.85
4.15
8.53
9.61
11.82
10.23
3.21
5.19
Free Cash Flow per Basic Share
0.04
0.04
0.06
57.11
1.69
2.35
2.36
1.87
1.2
1.38
0.89
0.72
0.84
1.07
1.27
0.43
0.7
Dividend per Share
- -
- -
- -
20.59
21.32
20.46
17.16
10.86
11.57
11.83
7.54
7.89
7.84
7.88
6.84
6.8
7.98
Book Value per Share
- -
-47.52
-62.58
-37.57
-14.84
-10.76
-8.39
-10.99
-9.07
-6
3.4
-2.2
-3.19
-1.66
-1.65
-2.07
-0.15
Tangible Book Value per Share
48
48
48
50
54
83
99
145
158
168
186
194
194
195
197
704
452
Basic Weighted Avg Shares
25,893
34,275
37,797
42,249
43,464
23,152
20,182
26,223
34,055
33,669
23,290
42,078
57,342
47,336
48,889
44,262
52,305
Sales/Revenue/Turnover
2.96
3.78
3.77
4.1
4.12
5.43
4.81
4.79
6.34
5.96
3.65
3.41
2.71
2.32
2.09
3.1
2.98
Operating Margin (%)
257
250
483
368
386
433
515
519
521
604
656
777
968
912
901
953
973
Depreciation Expense
2
2
3
15
70
118
94
-731
334
331
-568
60
168
198
103
260
554
Net Income, GAAP
0.2
4.36
4.69
7.16
13.77
18.37
10.57
104.58
12.54
7.86
- -
15.73
17.46
9.47
12.88
6.59
17.69
Effective Tax Rate (%)
0.01
0.01
0.01
0.04
0.16
0.51
0.47
-2.79
0.98
0.98
-2.44
0.14
0.29
0.42
0.21
0.59
1.06
Profit Margin (%)
- -
-163
-36
-448
-575
-437
-391
-530
78
-405
-587
-94
-535
-89
-148
-198
679
Working Capital
- -
4,720
6,520
7,230
9,238
10,932
10,124
9,183
9,143
9,574
9,699
8,737
7,595
7,579
7,403
10,898
8,626
LT Debt
- -
5,794
6,968
8,279
9,381
9,234
10,707
12,358
13,319
14,485
11,190
14,177
14,638
14,972
14,316
14,216
15,314
Total Equity
- -
22.15
10.53
10.32
8.46
5
3.97
-0.26
8.94
8.98
- -
6.29
7.28
6.37
5.98
7.82
9.32
Return on Invested Capital (%)
- -
-13.13
-6.45
-6.72
-4.82
-1.03
-0.2
-6.44
-4.74
-4.28
- -
-0.54
-2.09
-2.93
-2.35
-3.05
-5.99
Return on Capital (%)
- -
- -
- -
2.9
5.2
6.9
5.37
-42.6
18.86
16.55
-31.39
4
10.99
12.89
7.11
19.29
37.76
Return on Common Equity (%)

Capital Structure

FRC

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
563
420
9
LT Borrowings
10,696
10,956
8,432
LT Finance Leases
202
202
194
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
198
198
198
Market Capitalization
3,788
4,805
4,803

Working Capital

FRC

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
4,704
6,158
6,530
Cash, Cash Equivalents & STI
329
172
1,060
Accounts Receivable, Net
3,598
4,821
5,267
Inventories
211
380
84
Total Current Liabilities
4,902
6,536
5,851
Payables & Accruals
3,457
4,928
4,942
ST Debt
563
420
9
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
5.23%
5.43%
-0.7%
Free Cash Flow
-24.41%
30.06%
12.21%
Net Income, GAAP
-112.44%
38.35%
152.43%
Sales/Revenue/Turnover
10.83%
18.66%
-9.46%
Total Cash Common Dividend
6.87%
13.82%
19.92%

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
11,995
12,757
12,456
12,402
48,889
2025
11,477
10,642
11,578
10,564
44,262
2026
12,470
17,693
- -
- -
- -

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.21
0.2
0.17
-0.06
0.52
2025
0.42
0.15
0.42
0.09
0.37
2026
0.03
1.97
- -
- -
- -

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.32
0.31
0.32
0.32
1.27
2025
0.38
0.38
0.38
0.11
0.43
2026
0.12
0.42
- -
- -
- -
Business
Plains GP Holdings, L.P. Plains GP Holdings, L.P. (NASDAQ:PAGP), through its subsidiary Plains All American Pipeline, L.P., owns and operates midstream energy infrastructure systems and provides logistics services for crude oil and natural gas liquids (NGLs) across the United States and Canada; the company engages in gathering, transporting, terminalling, and storing crude oil via pipelines, trucks, barges, and railcars, as well as natural gas processing, NGL fractionation, storage, transportation, and marketing services, with operations spanning major producing basins including the Permian, Eagle Ford, and Mid-Continent regions. Plains GP Holdings, L.P. operates through two primary segments, Crude Oil and NGLs, serving producers, refiners, and end-users with integrated assets that handle approximately 7 million barrels per day of crude oil and NGL volumes; it maintains extensive pipeline networks, storage facilities, and terminalling infrastructure connecting supply sources to demand centers and export points. Founded in 2013 and headquartered in Houston, Texas, the company recently completed bolt-on acquisitions in early 2025, including Ironwood Midstream Energy's Eagle Ford gathering system for $475 million, additional interests in Midway LLC for $90 million, and approximately 127 million Series A Preferred Units for $330 million, enhancing its crude oil gathering and transportation capabilities while increasing its quarterly distribution by 20%; these transactions align with Plains' strategy of disciplined capital allocation, free cash flow generation, and expansion in key North American basins.

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