Plains Gp Holdings PAGP
NASDAQ PAGP
$27.89 +0.21 (+0.76%)
At close: Sep 4, 2026 · 4:00 PM EDT

Plains Gp Holdings (PAGP) FCF Margin (2012 - 2026)

Plains Gp Holdings' (PAGP) quarterly FCF Margin came in at 4.6% in Q2 2026, down 30.0% year-over-year from 6.57% in Q2 2025, and up 99.2% quarter-over-quarter from 2.31% in Q1 2026.

Analysis

Plains Gp Holdings (PAGP) FCF Margin (2012 - 2026) Analysis & Trends

Plains Gp Holdings (PAGP) has reported FCF Margin for 15 consecutive years, with 4.6% the latest figure, recorded in Q2 2026.

  • On a quarterly basis, FCF Margin fell 30.0% year-over-year to 4.6% in Q2 2026; TTM through Jun 2026 was 4.53%, a 23.0% decrease from a year earlier, with the FY2025 full-year figure at 5.17%, up 100.0% from the prior year.
  • FCF Margin was 4.6% for Q2 2026 at Plains Gp Holdings, up from 2.31% in the prior quarter.
  • Over five years, FCF Margin peaked at 8.89% in Q4 2023 and troughed at 0.45% in Q3 2023.
  • A 5-year average of 4.29% and a median of 4.62% in 2024 frame the typical range for FCF Margin.
  • Across the five-year window, FCF Margin tumbled 652 bps in 2022 and jumped 741 bps in 2023, its largest moves.
  • Over 5 years, FCF Margin stood at 1.47% in 2022, then jumped by 503 bps to 8.89% in 2023, then slumped by 42 bps to 5.15% in 2024, then climbed by 17 bps to 6.02% in 2025, then slipped by 24 bps to 4.6% in 2026.
  • The last three FCF Margin figures came in at 4.6% (Q2 2026), 2.31% (Q1 2026), and 6.02% (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) FCF Margin (Qtr)
1 Kinder Morgan 111.69 Bn 112.81 Bn 3.07 Bn 21.84%
2 Enterprise Products Partners 84.07 Bn 83.21 Bn - 11.07%
3 Energy Transfer 74.03 Bn 73.00 Bn 7.40 Bn 7.88%
4 Tc Energy 65.16 Bn 64.62 Bn 1.80 Bn 92.82%
5 Targa Resources 62.18 Bn 62.19 Bn 2.14 Bn 9.71%
6 Mplx 60.51 Bn 59.48 Bn 2.73 Bn 26.48%
7 Oneok 60.16 Bn 60.09 Bn 2.81 Bn 11.95%
8 Enbridge 54.38 Bn 54.88 Bn 5.23 Bn 3.87%
9 Pembina Pipeline 28.12 Bn 27.76 Bn 933.00 Mn 51.81%
10 Plains Gp Holdings 5.52 Bn 4.46 Bn 1.14 Bn 4.60%
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 4.60%
Mar 31, 2026 2.31%
Dec 31, 2025 6.02%
Sep 30, 2025 5.46%
Jun 30, 2025 4.91%
Mar 31, 2025 4.34%
Dec 31, 2024 5.15%
Sep 30, 2024 4.65%
Jun 30, 2024 4.52%
Mar 31, 2024 2.24%
Dec 31, 2023 8.89%
Sep 30, 2023 -0.45%
Jun 30, 2023 6.40%
Mar 31, 2023 5.02%
Dec 31, 2022 1.47%
Sep 30, 2022 5.71%
Jun 30, 2022 4.29%
Mar 31, 2022 1.74%
Dec 31, 2021 4.27%
Sep 30, 2021 2.41%