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.

Revenue
+66.3%
EPS
+1,213.3%
Free cash flow
+50.9%
Total debt
−2.74%

Quarter to June 2026, against a year earlier

26.42 0.51 −1.89%
Market cap
$20.1B
P/E
9.4×
Fwd P/E
9.6×
Dividend yield
6.32%
F-score
5/9
Altman Z
n/a
Beneish M
−2.95
Dividend safety
62/100

Plains Group Holdings, L.P. (PAGP) Price to free cash flow

Alert me on Price to free cash flow

As of 5 November 2026, Plains Group Holdings, L.P. (PAGP) trades at a price to free cash flow of 2.1×. Over the past ten years it has ranged from 0.0× (December 2016) to 286× (April 2015); the current reading is higher than 84% of that period. That is below the Oil & Gas Midstream industry median of 8.5× and below the Energy sector median of 8.9×.

Price to free cash flow, daily

Embed this chart

Annual newest first

Period Price to free cash flow Change
FY2025 1.6× (9.57%)
FY2024 1.8× 48.77%
FY2023 1.2× 1.01%
FY2022 1.2× 51.75%
FY2021 0.8× (40.73%)
FY2020 1.3× (42.61%)
FY2019 2.3× 65.45%
FY2018 1.4× 7.95%
FY2017 1.3× (98.60%)
FY2016 91.2× —

Quarterly newest first

Period Price to free cash flow Change
Jun 2026 2.0× (11.34%)
Mar 2026 2.2× 39.19%
Dec 2025 1.6× 2.05%
Sep 2025 1.6× (8.45%)
42 more quarters

Against its own ten years

Low 0.0× High 286×
Ten-year median 1.5×
Current reading's percentile 84

Price to free cash flow against peers

Company Price to free cash flow
VG Venture Global, Inc. compare n/m
PAGP Plains Group Holdings, L.P. 2.1×
FRO Frontline PLC compare 5.9×
PAA Plains All American Pipeline, L.P. compare 7.1×
CQP Cheniere Energy Partners, L.P. compare 9.7×
WES Western Midstream Partners, LP compare 14.1×
PBA Pembina Pipeline Corp. compare 17.5×
DTM DT Midstream, Inc. compare 21.7×
VNOM Viper Energy Inc. compare 74.5×
Oil & Gas Midstream industry median 8.5×
Energy sector median 8.9×
Market median 14.1×

What Price to free cash flow is

Price to Free Cash Flow Ratio shows how much investors pay for each dollar of cash a company generates after its capital spending.

Stock Price ÷ ((Operating Cash Flow (TTM) + Property, Plant, Equipment Change (Net) (TTM) + Intangible Assets Change (Net) (TTM)) ÷ (Shares (Basic, Weighted) (latest quarter)))

The full definition of Price to free cash flow →

More on PAGP