Plains Gp Holdings (PAGP) Asset Utilization Ratio (2014 - 2026)
Plains Gp Holdings' (PAGP) quarterly Asset Utilization Ratio came in at 1.41 in Q1 2026, down 18.77% year-on-year from 1.74 in Q1 2025, and down 3.36% on a QoQ basis from 1.46 in Q4 2025.
Plains Gp Holdings (PAGP) Asset Utilization Ratio (2014 - 2026) Analysis & Trends
Plains Gp Holdings (PAGP) has 13 years of Asset Utilization Ratio data on file, last reported at 1.41 in Q1 2026.
- On a quarterly basis, Asset Utilization Ratio fell 18.77% year-over-year to 1.41 in Q1 2026; TTM through Mar 2026 was 1.41, a 18.77% decrease from a year earlier, with the FY2025 full-year figure at 1.5, down 13.57% from the prior year.
- Asset Utilization Ratio for Q1 2026 stood at 1.41, down from 1.46 in the prior quarter.
- Over the last five years, Asset Utilization Ratio for PAGP reached as high as 1.98 in Q4 2022 and fell as low as 1.41 in Q1 2026.
- Historically, Asset Utilization Ratio has averaged 1.7 across 5 years, with a median of 1.69 in 2024.
- Across the five-year window, Asset Utilization Ratio surged 72.19% in 2022 and slipped 18.77% in 2026, its largest moves.
- Year by year, Asset Utilization Ratio stood at 1.98 in 2022, then retreated by 16.87% to 1.64 in 2023, then climbed by 6.0% to 1.74 in 2024, then declined by 16.06% to 1.46 in 2025, then decreased by 3.36% to 1.41 in 2026.
- Per Business Quant data, the three most recent Asset Utilization Ratio figures were 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 | DHT Holdings | 2,706.13 Bn | 2,706.00 Bn | 167.16 Mn | 0.33 |
| 2 | Flex LNG | 1,674.16 Bn | 1,673.77 Bn | 61.79 Mn | 0.13 |
| 3 | Kinder Morgan | 112.74 Bn | 113.82 Bn | 3.07 Bn | 0.24 |
| 4 | Enbridge | 89.82 Bn | 89.03 Bn | 6.70 Bn | 0.31 |
| 5 | Enterprise Products Partners | 83.97 Bn | 82.82 Bn | - | 0.65 |
| 6 | Tc Energy | 72.76 Bn | 73.95 Bn | 1.36 Bn | - |
| 7 | Energy Transfer | 70.27 Bn | 69.30 Bn | 6.62 Bn | 0.49 |
| 8 | Targa Resources | 61.30 Bn | 61.34 Bn | 1.70 Bn | 0.63 |
| 9 | Oneok | 61.15 Bn | 61.02 Bn | 8.98 Bn | 0.52 |
| 10 | Plains Gp Holdings | 5.25 Bn | 5.07 Bn | 977.00 Mn | 1.41 |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |
| Jun 30, 2021 | 1.12 |