PAGP · Plains Gp Holdings LP

$25.84 +0.35 (+1.37%) At close · Aug 14

Market Cap

$4.98B

197.90M

Income-statement, balance-sheet and cash-flow figures extracted from the company's SEC filings — 10-K annual and 10-Q quarterly reports — and standardised for comparison across periods.

Revenue

$44.26B -9.5%

FY2025

Net Income

$260M +152.4%

FY2025

Gross Margin

5.27% +0.1pp

FY2014

Operating Margin

3.23% +1.5pp

FY2025

Diluted EPS

$0.47 +370%

FY2014

Operating Cash Flow

$2.93B +18%

FY2025

Chart any reported metric, KPI or segment over time — the full statement history lives here

Income Statement Balance Sheet Cash Flow Adjusted All Metrics

Annual Quarterly

Line Item	3Y	5Y	10Y	TTM	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2018	FY2017	FY2016	FY2015	FY2014	FY2013	FY2012	FY2011
Revenue	-8.3%	+13.7%	+6.7%	$52.31B	$44.26B	$48.89B	$47.34B	$57.34B	$42.08B	$23.29B	$33.67B	$34.06B	$26.22B	$20.18B	$23.15B	$43.46B	$42.25B	$37.8B	$34.28B
Rental Income	-34.9%	-15.9%	—	—	$8M	$10M	$16M	$29M	$28M	$19M	$17M	—	—	—	—	—	—	—	—
Cost of Revenue	-8.7%	+14.6%	+7.4%	$48.21B	$40.43B	$45.16B	$43.94B	$53.18B	$38.5B	$20.43B	$29.45B	$29.79B	$22.99B	$17.23B	$19.73B	$39.5B	$38.47B	—	—
Gross Profit	+13.7%	—	—	$2.04B	—	—	—	—	—	—	—	—	—	—	—	$2.29B	$2.17B	$1.95B	$1.56B
Gross Margin	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	5.27%	5.13%	5.15%	4.55%
General & Administrative	+1.8%	+4.7%	+2.2%	$372M	$348M	$334M	$305M	$330M	$298M	$276M	$302M	$320M	$280M	$282M	$281M	$331M	$360M	$342M	$294M
Amortization of Intangibles	+3.3%	+25.5%	+19.0%	—	$280M	$262M	$291M	$254M	$122M	$90M	$76M	$66M	$54M	$44M	$49M	$57M	$85M	$90M	$36M
Depreciation & Amortization	-0.5%	+7.8%	+8.2%	$971M	$953M	$901M	$912M	$968M	$777M	$656M	$604M	$521M	$519M	$515M	$433M	$386M	$368M	$483M	—
Total Costs & Expenses	-8.6%	+10.8%	+6.9%	$50.67B	$42.83B	$48.03B	$46.09B	$56.06B	$41.24B	$25.67B	$31.69B	$31.78B	$25.08B	$19.19B	$21.89B	$41.67B	$40.52B	$36.37B	$32.98B
Operating Income	+3.6%	—	+1.3%	$1.64B	$1.43B	$862M	$1.25B	$1.28B	$842M	-$2.38B	$1.98B	$2.27B	$1.15B	$990M	$1.26B	$1.79B	$1.73B	$1.42B	$1.3B
Operating Margin	—	—	—	—	3.23%	1.76%	2.64%	2.24%	2%	-10.23%	5.88%	6.67%	4.37%	4.91%	5.43%	4.12%	4.1%	3.77%	3.78%
EBITDA	+1.9%	—	+3.5%	$2.61B	$2.38B	$1.76B	$2.16B	$2.25B	$1.62B	-$1.73B	$2.58B	$2.79B	$1.67B	$1.51B	$1.69B	$2.18B	$2.1B	$1.91B	—
Interest Expense	+4.9%	+1.4%	+0.5%	$529M	$467M	$382M	$386M	$405M	$425M	$436M	$425M	$431M	$510M	$480M	$443M	$357M	$319M	$295M	$259M
Other Non-Operating Income	—	-11.6%	—	$16M	$21M	$16M	$102M	-$219M	$19M	$39M	$24M	-$7M	-$31M	$33M	-$7M	-$2M	$1M	$6M	-$19M
Equity in Earnings of Unconsolidated Entities	-1.8%	+1.5%	+7.6%	$363M	$382M	$452M	$369M	$403M	$274M	$355M	$388M	$375M	$290M	$195M	$183M	$108M	$64M	$38M	$13M
Pretax Income	-0.3%	—	+3.5%	$1.49B	$1.4B	$963M	$1.36B	$1.41B	$712M	-$2.61B	$2.24B	$2.41B	$896M	$738M	$991M	$1.54B	$1.48B	$1.17B	$1.03B
Income Tax	-28.0%	—	-6.6%	$261M	$92M	$124M	$129M	$246M	$112M	-$167M	$176M	$302M	$937M	$78M	$182M	$212M	$106M	$55M	$45M
Net Income	+15.7%	—	+8.2%	$554M	$260M	$103M	$198M	$168M	$60M	-$568M	$331M	$334M	-$731M	$94M	$118M	$70M	$15M	$3M	$2M
Net Margin	—	—	—	—	0.59%	0.21%	0.42%	0.29%	0.14%	-2.44%	0.98%	0.98%	-2.79%	0.47%	0.51%	0.16%	0.04%	0.01%	0.01%
Net Income Attributable to Noncontrolling Interests	+12.7%	—	+7.5%	$2.39B	$1.43B	$967M	$1.23B	$995M	$540M	-$1.87B	$1.73B	$1.77B	$690M	$566M	$691M	$1.26B	$1.36B	$1.12B	$985M
Comprehensive Income	+30.6%	—	+10.7%	$535M	$312M	$34M	$231M	$140M	$77M	-$562M	$354M	$277M	-$683M	$114M	$113M	$68M	$15M	$3M	$2M
EPS (Basic) USD/shares	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	$0.48	$0.10	—	—
EPS (Diluted) USD/shares	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	$0.47	$0.10	—	—
Shares Outstanding (Basic Avg) shares	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	145M	132M	—	—
Shares Outstanding (Diluted Avg) shares	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	650M	132M	—	—

Italic rows are computed from reported lines — open a row's info icon for its formula. Values reflect the latest filing (restatements included); per-share figures on today's split basis. Click a value for its source filing. TTM: trailing twelve months through the latest reported quarter — flows sum the last four quarters, balances take the latest. 3Y/5Y/10Y columns are trailing CAGR from the newest fiscal year; blank where an endpoint is missing or negative.

Capital Returned to Shareholders

Cash spent on share repurchases and dividends per fiscal year, as reported on the cash-flow statement. Across FY2024–FY2025: $8M in buybacks.

Price & Valuation

Multiples computed on the strict TTM/EV methodology — today's snapshot against peers, and each ratio recomputed as of past filing dates.

Valuation

EV/Revenue

0.24×

Peer median 4.07×

EV/EBIT

7.55×

Peer median 14.54×

P/E (TTM)

—

Peer median 10.80×

Peer medians compare against the 23 similar-size Oil & Gas Midstream companies (of 39 listed).

Valuation over time computed as of each quarter's filing date

Revenue Breakdown

Annual revenue as the company disaggregates it in its own XBRL filings. Years a component wasn't reported show a dash.

Share mode is each component's slice of the reported components that year — issuers rarely tag every revenue dollar, so slices need not sum to total revenue.

By Segment (USD)

Component	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2018
Crude Oil Segment	$44,131,000,000	$48,720,000,000	$47,174,000,000	$55,080,000,000	$40,470,000,000	$22,199,000,000	$31,655,000,000	—
Natural Gas Liquids Segment	$151,000,000	$187,000,000	$186,000,000	$2,761,000,000	$1,968,000,000	$1,360,000,000	$2,439,000,000	—
Segment Facilities	—	—	—	—	—	$622,000,000	$609,000,000	$588,000,000
Segment Supply And Logistics	—	—	—	—	—	$22,058,000,000	$32,272,000,000	$32,819,000,000
Segment Transportation	—	—	—	—	—	$610,000,000	$788,000,000	$648,000,000

By Geography (USD)

Component	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2018
United States	$39,761,000,000	$43,535,000,000	$41,738,000,000	$46,903,000,000	$34,458,000,000	$17,942,000,000	$27,162,000,000	$28,362,000,000
Canada	$4,501,000,000	$5,354,000,000	$5,598,000,000	$10,439,000,000	$7,620,000,000	$5,348,000,000	$6,507,000,000	$5,693,000,000

By Product & Service (USD)

Component	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2018
Product	$42,501,000,000	$47,199,000,000	$45,745,000,000	$55,948,000,000	$40,883,000,000	$22,058,000,000	$32,272,000,000	—
Service	$1,761,000,000	$1,690,000,000	$1,591,000,000	$1,394,000,000	$1,195,000,000	$1,232,000,000	$1,397,000,000	—
Product And Service Other	—	—	—	—	—	—	—	$161,000,000

Key facts CIK 1581990 CUSIP 72651A207 13F (30d) 312 filings 312 filers Visit website Investor relations