Plains 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. In the quarter to June 2026, revenue grew 66.3%, EPS grew 1,213.3%, free cash flow grew 50.9% and total debt fell 2.74%, each against the same quarter a year earlier. Dividend growth for five consecutive years.

27.45 0.28 +1.03%
Market cap
$20.7B
P/E
9.8×
Fwd P/E
15.6×
Dividend yield
7.47%
F-score
5/9
Altman Z
n/a
Beneish M
−2.95
Dividend safety
62/100

Plains Group Holdings, L.P. (PAGP) P/E ratio

Alert me on P/E ratio

As of 16 October 2026, Plains Group Holdings, L.P. (PAGP) trades at a P/E ratio of 9.8×. Over the past ten years it has ranged from 0.0× (December 2021) to 180× (June 2022); the current reading is higher than 32% of that period. That is below the Oil & Gas Midstream industry median of 12.8× and below the Energy sector median of 13.9×.

P/E ratio, daily

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Annual newest first

Period P/E ratio Change
FY2025 14.7× (57.54%)
FY2024 34.7× 119.57%
FY2023 15.8× 11.43%
FY2022 14.2× (55.27%)
FY2021 31.7× —
FY2020 0.0× —
FY2019 9.5× (0.54%)
FY2018 9.5× —
FY2017 0.0× —
FY2016 36.5× 104.48%

Quarterly newest first

Period P/E ratio Change
Jun 2026 8.7× (65.01%)
Mar 2026 24.8× 68.28%
Dec 2025 14.7× (24.12%)
Sep 2025 19.4× (31.09%)
42 more quarters

Against its own ten years

Low 0.0× High 180×
Ten-year median 16.7×
Current reading's percentile 15

P/E ratio against peers

Company P/E ratio
PAA Plains All American Pipeline, L.P. compare 7.0×
FRO Frontline PLC compare 7.9×
VG Venture Global, Inc. compare 9.4×
PAGP Plains Group Holdings, L.P. 9.8×
CQP Cheniere Energy Partners, L.P. compare 11.1×
WES Western Midstream Partners, LP compare 14.0×
PBA Pembina Pipeline Corp. compare 24.4×
DTM DT Midstream, Inc. compare 26.9×
VNOM Viper Energy Inc. compare 322×
Oil & Gas Midstream industry median 12.8×
Energy sector median 13.9×
Market median 18.1×

What P/E ratio is

Price to Earnings Ratio shows how much investors pay for each dollar of a company’s annual profit per share.

Stock Price ÷ EPS (Basic) (TTM)

The full definition of P/E ratio →

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