PAGP
Plains GP Holdings LP
NASDAQ: PAGP · ENERGY · OIL & GAS MIDSTREAM
$23.51
-1.42% today
Updated 2026-05-29
Market cap
$5.80B
P/E ratio
31.90
P/S ratio
0.13x
EPS (TTM)
$0.78
Dividend yield
6.25%
52W range
$16 – $26
Volume
1.9M
Plains GP Holdings LP (PAGP) Financial statements
SEC filings — annual and quarterly data.
Income statement — annual
| Item | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $25.89B | $34.27B | $37.80B | $42.25B | $43.46B | $23.15B | $20.18B | $26.22B | $34.05B | $33.67B | $23.29B | $42.08B | $57.34B | $48.71B | $50.07B | $44.26B |
| Revenue growth (YoY) | — | +32.4% | +10.3% | +11.8% | +2.9% | -46.7% | -12.8% | +29.9% | +29.9% | -1.1% | -30.8% | +80.7% | +36.3% | -15.1% | +2.8% | -11.6% |
| Cost of revenue | $24.18B | $31.81B | $34.85B | $38.84B | $39.89B | $20.16B | $17.73B | $23.61B | $30.31B | $30.06B | $21.09B | $39.28B | $54.14B | $45.58B | $46.59B | $41.59B |
| Gross profit | $1.72B | $2.46B | $2.95B | $3.41B | $3.57B | $2.99B | $2.45B | $2.61B | $3.74B | $3.61B | $2.20B | $2.80B | $3.20B | $3.13B | $3.49B | $2.67B |
| Gross margin | 6.6% | 7.2% | 7.8% | 8.1% | 8.2% | 12.9% | 12.2% | 10.0% | 11.0% | 10.7% | 9.5% | 6.6% | 5.6% | 6.4% | 7.0% | 6.0% |
| R&D | — | — | — | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | — | — | — | — | — | — | — |
| SG&A | $260.00M | $294.00M | $342.00M | $360.00M | $331.00M | $281.00M | $282.00M | $280.00M | $320.00M | $302.00M | $276.00M | $298.00M | $330.00M | $356.00M | $387.00M | $342.00M |
| Operating income | $766.00M | $1.30B | $1.42B | $1.72B | $1.78B | $1.26B | $990.00M | $1.15B | $2.27B | $1.98B | $-2.38B | $842.00M | $1.28B | $1.50B | $1.17B | $1.43B |
| Operating margin | 3.0% | 3.8% | 3.8% | 4.1% | 4.1% | 5.4% | 4.9% | 4.4% | 6.7% | 5.9% | -10.2% | 2.0% | 2.2% | 3.1% | 2.3% | 3.2% |
| EBITDA | $1.01B | $1.54B | $1.90B | $2.17B | $2.28B | $1.86B | $1.67B | $1.90B | $3.36B | $3.27B | $-1.51B | $1.91B | $2.78B | $3.05B | $2.68B | $2.81B |
| EBITDA margin | 3.9% | 4.5% | 5.0% | 5.1% | 5.3% | 8.0% | 8.3% | 7.3% | 9.9% | 9.7% | -6.5% | 4.5% | 4.9% | 6.3% | 5.4% | 6.4% |
| EBIT | $755.00M | $1.29B | $1.42B | $1.79B | $1.89B | $1.42B | $1.20B | $1.39B | $2.83B | $2.66B | $-2.17B | $1.14B | $1.81B | $2.00B | $1.66B | $1.86B |
| Interest expense | $258.00M | $259.00M | $295.00M | $319.00M | $357.00M | $443.00M | $480.00M | $510.00M | $431.00M | $425.00M | $436.00M | $425.00M | $405.00M | $386.00M | $382.00M | $467.00M |
| Income tax | $1.00M | $45.00M | $55.00M | $106.00M | $212.00M | $182.00M | $78.00M | $937.00M | $302.00M | $176.00M | $-167.00M | $112.00M | $246.00M | $189.00M | $204.00M | $92.00M |
| Effective tax rate | 33.3% | 95.7% | 57.9% | 87.6% | 75.2% | 60.7% | 45.3% | 454.9% | 47.5% | 34.7% | 22.7% | 65.1% | 59.4% | 48.8% | 66.4% | 26.1% |
| Net income | $2.00M | $2.00M | $40.00M | $15.00M | $70.00M | $118.00M | $94.00M | $-731.00M | $334.00M | $331.00M | $-568.00M | $60.00M | $168.00M | $198.00M | $103.00M | $260.00M |
| Net income growth (YoY) | — | +0.0% | +1900.0% | -62.5% | +366.7% | +68.6% | -20.3% | -877.7% | +145.7% | -0.9% | -271.6% | +110.6% | +180.0% | +17.9% | -48.0% | +152.4% |
| Profit margin | 0.0% | 0.0% | 0.1% | 0.0% | 0.2% | 0.5% | 0.5% | -2.8% | 1.0% | 1.0% | -2.4% | 0.1% | 0.3% | 0.4% | 0.2% | 0.6% |