stockrowPlains Group Holdings, L.P.
PAGP Energy Oil & Gas Midstream
Plains Group Holdings, L.P.’s revenue for fiscal 2025 (year ended December 2025) was $44.3 billion, down 9.46% from fiscal 2024.
- Revenue
- +66.3%
- EPS
- +1,213.3%
- Free cash flow
- +50.9%
- Total debt
- −2.74%
Quarter to June 2026, against a year earlier
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Plains Group Holdings, L.P. (PAGP) Operating margin
Plains Group Holdings, L.P.'s operating margin over the twelve months to 30 June 2026 was 3.13%, down 0.1 percentage points from fiscal 2025 (3.23%). Over the past ten years it has ranged from −10.2% (fiscal 2020) to 6.67% (fiscal 2018); the current reading is higher than 55% of that period. That is below the Oil & Gas Midstream industry median of 34.7% and below the Energy sector median of 15.2%.
Operating margin, annual
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Annual newest first
| Period | Operating margin | Change (points) |
|---|---|---|
| FY2025 | 3.23% | 1.47 |
| FY2024 | 1.76% | (0.88) |
| FY2023 | 2.64% | 0.40 |
| FY2022 | 2.24% | 0.24 |
| FY2021 | 2.00% | 12.23 |
| FY2020 | −10.2% | (16.11) |
| FY2019 | 5.88% | (0.79) |
| FY2018 | 6.67% | 2.30 |
| FY2017 | 4.37% | (0.54) |
| FY2016 | 4.91% | (0.52) |
Quarterly newest first
| Period | Operating margin | Change (points) |
|---|---|---|
| Jun 2026 | 2.24% | (0.99) |
| Mar 2026 | 3.23% | (0.11) |
| Dec 2025 | 3.34% | (0.83) |
| Sep 2025 | 4.17% | 1.94 |
| 42 more quarters | Free account |
Against its own ten years
Operating margin against peers
| Company | Operating margin |
|---|---|
| FRO Frontline PLC compare | 54.1% |
| DTM DT Midstream, Inc. compare | 49.4% |
| WES Western Midstream Partners, LP compare | 38.5% |
| VG Venture Global, Inc. compare | 37.6% |
| VNOM Viper Energy Inc. compare | 36.2% |
| PBA Pembina Pipeline Corp. compare | 35.8% |
| CQP Cheniere Energy Partners, L.P. compare | 34.2% |
| PAA Plains All American Pipeline, L.P. compare | 3.14% |
| PAGP Plains Group Holdings, L.P. | 3.13% |
| Oil & Gas Midstream industry median | 34.7% |
| Energy sector median | 15.2% |
| Market median | 0.00% |
What Operating margin is
EBIT Margin tells an investor how much operating profit, before interest and taxes, a company keeps from each unit of revenue.
EBIT ÷ Revenue
More on PAGP
- Revenue
- Net income
- EPS (diluted)
- EBITDA
- Free cash flow
- Operating cash flow
- Gross margin
- Net margin
- Free cash flow margin
- P/E ratio
- P/S ratio
- P/B ratio
- Price to free cash flow
- EV/EBITDA
- EV/Sales
- EV/FCF
- Return on equity
- Return on assets
- Return on invested capital
- Debt to equity
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
- Piotroski F-score
- Beneish M-score
- The full statement