PAGPNasdaqPipe Lines (No Natural Gas)Fiscal year ends December 31
PLAINS GP HOLDINGS LP
Financials through Q2 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Aug 10, 2026
$27.31−0.14 (-0.51%)
Close on Oct 19, 2026
- Market cap
- –
- P/E (TTM)
- –
- Dividend yield
- –
Margins
Share of revenue, fiscal years 2011 to 2025
Gross margin
8.7%−3.6 pts over 5 years
Operating margin
3.2%+13.5 pts over 5 years
Net margin
0.6%+3.0 pts over 5 years
Growth rates
Compound annual growth to fiscal 2025
| Per year | 1 year | 3 years | 5 years | 10 years | Five-year pace |
|---|---|---|---|---|---|
| Revenue | -9.5% | -8.3% | +13.7% | +6.7% | |
| Gross profit | +2.7% | -2.8% | +6.0% | +1.1% | |
| Operating income | +65.7% | +3.6% | – | +1.3% | |
| Net income | +152.4% | +15.7% | – | +8.2% | |
| Free cash flow | +12.4% | +5.5% | +24.3% | – |
Returns and balance sheet
10 fiscal years. Hover a measure to see how it is calculated.
| Measure | FY2016 | FY2020 | FY2025 | Trend |
|---|---|---|---|---|
| Return on assets | 0.4% | -2.0% | 0.9% | |
| Current ratio | 0.92 | 0.86 | 0.96 | |
| Net debt to EBITDA | 7.83× | -5.88× | 4.59× | |
| Interest coverage | 2.1× | -5.5× | 3.1× | |
| Inventory turnover | 15.3× | 32.7× | 171.3× | |
| Capex to revenue | 6.6% | 3.2% | 1.5% |
Where the cash went
Fiscal 2021 to 2025, five years combined
Plains Gp Holdings Lp generated $12.53B from operations and spent $2.30B on capital expenditure, dividends and share buybacks. 100% of that went back into the business.
Generated
$12.53B
Used
$2.30B
Capital expenditure$2.29B100%Dividends$00%Share buybacks$8.00M0%
DuPont needs revenue, assets and equity
This company does not report all three for consecutive years.
Piotroski F-Score
Nine tests of profitability, balance sheet and efficiency, fiscal 2025 against fiscal 2024
5of 8 tests passed in fiscal 2025. Some tests lack the figures they need.
- ProfitableNet income above zero$260.00M
- Cash generatingOperating cash flow above zero$2.93B
- Return on assets improvedROA up on the prior year0.4% → 0.9%
- Earnings backed by cashOperating cash flow above net income$2.93B vs $260.00M
- Less leverageLong-term debt to assets fell26.0% → 34.2%
- Better liquidityCurrent ratio rose0.97 → 0.96
- No dilutionShare count did not rise– → –
- Gross margin improvedGross margin up on the prior year7.62% → 8.65%
- More efficientAsset turnover rose1.71 → 1.59