Plains Gp Holdings (PAGP) Asset Utilization Ratio (2014 - 2026)
Plains Gp Holdings (PAGP) posted quarterly Asset Utilization Ratio of 1.41 for Q1 2026, down 18.77% year-over-year from 1.74 in Q1 2025, and down 3.36% quarter-over-quarter from 1.46 in Q4 2025.
Plains Gp Holdings (PAGP) Asset Utilization Ratio (2014 - 2026) Analysis & Trends
Plains Gp Holdings (PAGP) has reported Asset Utilization Ratio for 13 consecutive years, with 1.41 the latest figure, recorded in Q1 2026.
- In Q1 2026, Asset Utilization Ratio fell 18.77% year-over-year to 1.41; the TTM figure through Mar 2026 stood at 1.41 (down 18.77% YoY), while the FY2025 annual figure was 1.5, down 13.57% from the prior year.
- Asset Utilization Ratio retreated to 1.41 in Q1 2026 per PAGP's latest filing, from 1.46 in the prior quarter.
- Across five years, Asset Utilization Ratio topped out at 1.98 in Q4 2022 and bottomed at 1.41 in Q1 2026.
- Historically, Asset Utilization Ratio has averaged 1.7 across 5 years, with a median of 1.69 in 2024.
- Annual changes were most pronounced in 2022 — Asset Utilization Ratio jumped 72.19% — and 2026, when it declined 18.77%.
- Plains Gp Holdings' Asset Utilization Ratio stood at 1.98 in 2022, then declined by 16.87% to 1.64 in 2023, then gained by 6.0% to 1.74 in 2024, then slipped by 16.06% to 1.46 in 2025, then fell by 3.36% to 1.41 in 2026.
- Business Quant data shows PAGP's Asset Utilization Ratio at 1.41 in Q1 2026, 1.46 in Q4 2025, and 1.59 in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | Kinder Morgan | 112.69 Bn | 112.57 Bn | 3.07 Bn | 0.24 |
| 2 | Enbridge | 110.69 Bn | 109.19 Bn | 5.23 Bn | 0.36 |
| 3 | Enterprise Products Partners | 83.45 Bn | 82.54 Bn | - | 0.72 |
| 4 | Energy Transfer | 72.64 Bn | 71.61 Bn | 7.40 Bn | 0.58 |
| 5 | Tc Energy | 65.84 Bn | 58.29 Bn | 1.24 Bn | - |
| 6 | Mplx | 60.05 Bn | 59.02 Bn | 2.73 Bn | 0.31 |
| 7 | Oneok | 59.98 Bn | 59.82 Bn | 2.81 Bn | 0.58 |
| 8 | Targa Resources | 59.50 Bn | 59.37 Bn | 2.14 Bn | 0.60 |
| 9 | Cheniere Energy | 55.93 Bn | 54.68 Bn | 5.29 Bn | 0.45 |
| 10 | Plains Gp Holdings | 5.12 Bn | 4.06 Bn | 1.14 Bn | 1.66 |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 1.66 |
| Mar 31, 2026 | 1.41 |
| Dec 31, 2025 | 1.46 |
| Sep 30, 2025 | 1.59 |
| Jun 30, 2025 | 1.65 |
| Mar 31, 2025 | 1.74 |
| Dec 31, 2024 | 1.74 |
| Sep 30, 2024 | 1.69 |
| Jun 30, 2024 | 1.67 |
| Mar 31, 2024 | 1.63 |
| Dec 31, 2023 | 1.64 |
| Sep 30, 2023 | 1.71 |
| Jun 30, 2023 | 1.80 |
| Mar 31, 2023 | 1.93 |
| Dec 31, 2022 | 1.98 |
| Sep 30, 2022 | 1.94 |
| Jun 30, 2022 | 1.73 |
| Mar 31, 2022 | 1.53 |
| Dec 31, 2021 | 1.51 |
| Sep 30, 2021 | 1.34 |