Plains Gp Holdings (PAGP) EBIT Margin (2012 - 2026)
Plains Gp Holdings (PAGP) recorded EBIT Margin of 2.24% in Q2 2026, up 0.02 percentage points from 2.23% a year earlier but down 0.99 percentage points from the prior quarter.
Plains Gp Holdings (PAGP) EBIT Margin (2012 - 2026) Analysis & Trends
On a TTM basis, Plains Gp Holdings' EBIT Margin came in at 3.13% as of Jun 30, 2026, up 1.48 percentage points year-over-year; for FY2025, it came in at 3.23%, up 1.46 percentage points from FY2024.
- Annual EBIT Margin has a five-year change of +13.46 percentage points (FY2020 to FY2025).
- Across earlier years, EBIT Margin came in at 1.76% in FY2024 (-0.88 pp), 2.64% in FY2023 (+0.40 pp), 2.24% in FY2022 (+0.24 pp) and 2.00% in FY2021 (+12.23 pp).
- Quarterly EBIT Margin has ranged from -0.37% in Q3 2021 to 4.59% in Q4 2021 over the past five years.
- On a year-over-year basis, EBIT Margin has increased for four consecutive quarters, with an average year-over-year change of +0.49 percentage points over the last eight quarters.
- Peak year-over-year performance for EBIT Margin in the last five years was a gain of 5.71 percentage points in Q4 2021, against a drop of 4.90 percentage points in Q4 2022 at the low end.
- Per Business Quant, the preceding three quarters came in at 3.23% (Q1 2026), 3.35% (Q4 2025) and 4.17% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBIT Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Enbridge | 101.88 Bn | 99.42 Bn | 4.84 Bn | 9.93% |
| 2 | Enterprise Products Partners | 77.78 Bn | 76.22 Bn | - | 12.31% |
| 3 | Energy Transfer | 68.56 Bn | 62.00 Bn | 7.40 Bn | 10.41% |
| 4 | Kinder Morgan | 67.77 Bn | 68.72 Bn | 3.07 Bn | 30.06% |
| 5 | Tc Energy | 60.65 Bn | 63.72 Bn | 2.81 Bn | 135.28% |
| 6 | Targa Resources | 58.65 Bn | 58.26 Bn | 2.14 Bn | 27.80% |
| 7 | Mplx | 57.82 Bn | 51.38 Bn | 2.91 Bn | 41.61% |
| 8 | Cheniere Energy | 55.20 Bn | 55.33 Bn | 5.29 Bn | 74.84% |
| 9 | Oneok | 54.77 Bn | 53.26 Bn | 2.81 Bn | 13.22% |
| 10 | Plains Gp Holdings | 5.17 Bn | 2.43 Bn | 1.14 Bn | 2.24% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 2.24% |
| Mar 31, 2026 | 3.23% |
| Dec 31, 2025 | 3.35% |
| Sep 30, 2025 | 4.17% |
| Jun 30, 2025 | 2.23% |
| Mar 31, 2025 | 3.09% |
| Dec 31, 2024 | -0.14% |
| Sep 30, 2024 | 1.57% |
| Jun 30, 2024 | 2.59% |
| Mar 31, 2024 | 3.05% |
| Dec 31, 2023 | 1.51% |
| Sep 30, 2023 | 1.92% |
| Jun 30, 2023 | 3.23% |
| Mar 31, 2023 | 3.82% |
| Dec 31, 2022 | -0.31% |
| Sep 30, 2022 | 4.35% |
| Jun 30, 2022 | 2.49% |
| Mar 31, 2022 | 2.13% |
| Dec 31, 2021 | 4.59% |
| Sep 30, 2021 | -0.37% |
Plains Gp Holdings EBIT Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=ebit-margin&ticker=PAGP&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ebit-margin", "ticker": "PAGP", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=ebit-margin&ticker=PAGP&period=max&api_key=YOUR_API_KEY");
const data = await res.json();