Plains Gp Holdings Lp
PAGP Nasdaq· Pipe Lines (No Natural Gas)
Last close · Oct 26, 2026
$28.87
KIRA · Stoqly’s AI analyst, in plain words
- Plains Gp Holdings Lp had $44.3B of revenue in fiscal 2025, down 9.5% on the year before. Over five years, revenue changed +13.7% a year on average.
- Its operating margin was 3.2%, up 1.5 pts: of every 100 in sales, about 3 is left after running the business.
- Plains Gp Holdings Lp made $260M of net profit in fiscal 2025.
- Free cash flow was $2.3B in fiscal 2025, 5.2% of revenue.
- Plains Gp Holdings Lp returned $8.0M to shareholders in fiscal 2025, 0% of free cash flow.
- Plains Gp Holdings Lp owes $1.4B more than it holds in cash, about 0.6 years of operating profit.
Market cap
—
P/E
—
Revenue
$44.3B
Net income
$260M
Free cash flow
$2.3B
Operating margin
3.2%
Plains Gp Holdings Lp in 30 seconds · fiscal 2025
Are sales growing?
−9.5%
No. Sales fell 9.5% last year.
Does it make a profit?
0.6%
A little. It keeps 0.6% of every sale as profit.
Does profit turn into cash?
5.2%
Partly. 5.2% of sales ends up as free cash.
Is debt under control?
0.6x
Yes. It could repay its debt with 0.6 years of operating profit.
How healthy are the accounts?
6 / 8
Mixed. It passes 6 of 8 health tests.
What Plains Gp Holdings Lp does
No business description yet.
- Fiscal year ends
- December 31, 2025
- Latest annual report
- 10-K · Feb 27, 2026
- Legal name
- PLAINS GP HOLDINGS LP
- CIK
- 0001581990
Plains Gp Holdings Lp · PAGP
Results and finances
The last 5 fiscal years. Amounts in USD.
| Fiscal year | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|
| Sales and profit | |||||
| Revenue | $42.1B | $57.3B | $47.3B | $48.9B | $44.3B |
| Revenue growth | 80.7% | 36.3% | −17.4% | 3.3% | −9.5% |
| Gross margin | 8.5% | 7.3% | 7.2% | 7.6% | 8.7% |
| Operating margin | 2.0% | 2.2% | 2.6% | 1.8% | 3.2% |
| Net income | $60.0M | $168M | $198M | $103M | $260M |
| Net margin | 0.1% | 0.3% | 0.4% | 0.2% | 0.6% |
| Cash | |||||
| Cash from operations | $2.0B | $2.4B | $2.7B | $2.5B | $2.9B |
| Capital expenditure | $336M | $455M | $408M | $448M | $643M |
| Free cash flow | $1.7B | $1.9B | $2.3B | $2.0B | $2.3B |
| FCF margin | 3.9% | 3.4% | 4.9% | 4.2% | 5.2% |
| Share buybacks | — | — | — | $0.0M | $8.0M |
| Debt and strength | |||||
| Cash and short-term investments | $452M | $404M | $453M | $349M | $329M |
| Debt incl. finance leases | $9.3B | $8.5B | $7.8B | $7.7B | $1.7B |
| Net debt / EBITDA | 5.5x | 3.6x | 3.4x | 4.2x | 0.6x |
| Current ratio | 1.0x | 0.9x | 1.0x | 1.0x | 1.0x |
| Interest coverage | 2.0x | 3.2x | 3.2x | 2.3x | 3.1x |
| Returns and quality | |||||
| Piotroski F-score | 7 | 6 | 6 | 5 | 6 |
Insiders bought, 12 months
$0.0M
0 insiders
Insiders sold, 12 months
$0.0M
0 insiders
Of sales under plans
—
$0.0M
How to read these numbers
- Revenue:
- Total sales reported in the income statement.
- Operating margin:
- Operating income as a share of revenue.
- Net income:
- Profit after all expenses, interest and tax.
- Free cash flow:
- Cash from operations minus capital spending.
- Net debt / EBITDA:
- Years of EBITDA needed to pay off net debt. Below zero means more cash than debt.
- Return on capital:
- After-tax operating income as a share of the money invested in the business: debt plus equity, minus cash.
Plains Gp Holdings Lp · PAGP
Charts and comparison
Ten years at a glance, and how it stacks up against similar companies.
Revenue
Net income
Margins, % of revenue
Cash vs debt (incl. leases)
Free cash flow
Dividends and buybacks
KIRA
At $28.87 a share, the company is worth —.
Source: SEC EDGAR XBRL filings (CIK 0001581990). Data updated October 24, 2026. For information only — not investment advice. Check the original filings before relying on any figure.