Plains Gp Holdings (PAGP) FCF Payout Ratio (2012 - 2026)
Plains Gp Holdings' (PAGP) FCF Payout Ratio stood at 0.10 in Q2 2026, down 29.9% from 0.14 a year earlier and down 65.0% from the prior quarter.
Plains Gp Holdings (PAGP) FCF Payout Ratio (2012 - 2026) Analysis & Trends
On a TTM basis, Plains Gp Holdings' FCF Payout Ratio came in at 0.13 as of Jun 30, 2026, up 7.2% year-over-year; for FY2025, it came in at 0.13, up 6.7% from FY2024.
- Annual FCF Payout Ratio has increased for three straight years.
- Across earlier years, FCF Payout Ratio came in at 0.12 in FY2024 (+36.5%), 0.09 in FY2023 (+8.7%), 0.08 in FY2022 (-1.7%) and 0.08 in FY2021 (-60.7%).
- The Q2 2026 figure is the lowest quarterly FCF Payout Ratio since Q4 2023.
- On a year-over-year basis, FCF Payout Ratio rose in five of the last seven quarters, with growth averaging 25.3%.
- Peak year-over-year performance for FCF Payout Ratio in the last five years was growth of 248.1% in Q4 2022, against a decline of 76.8% in Q4 2021 at the low end.
- Per Business Quant, the preceding three quarters came in at 0.29 (Q1 2026), 0.12 (Q4 2025) and 0.12 (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Enbridge | 101.53 Bn | 99.08 Bn | 4.84 Bn | 1.87 |
| 2 | Enterprise Products Partners | 76.92 Bn | 75.35 Bn | - | 0.59 |
| 3 | Energy Transfer | 67.97 Bn | 61.41 Bn | 7.40 Bn | 0.46 |
| 4 | Kinder Morgan | 67.10 Bn | 68.05 Bn | 3.07 Bn | 0.68 |
| 5 | Tc Energy | 60.19 Bn | 63.26 Bn | 2.81 Bn | - |
| 6 | Targa Resources | 57.97 Bn | 57.59 Bn | 2.14 Bn | - |
| 7 | Mplx | 57.16 Bn | 50.72 Bn | 2.91 Bn | 1.25 |
| 8 | Cheniere Energy | 55.61 Bn | 55.74 Bn | 5.29 Bn | - |
| 9 | Oneok | 53.75 Bn | 52.24 Bn | 2.81 Bn | - |
| 10 | Plains Gp Holdings | 5.13 Bn | 2.38 Bn | 1.14 Bn | 0.10 |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 0.10 |
| Mar 31, 2026 | 0.29 |
| Dec 31, 2025 | 0.12 |
| Sep 30, 2025 | 0.12 |
| Jun 30, 2025 | 0.14 |
| Mar 31, 2025 | 0.15 |
| Dec 31, 2024 | 0.10 |
| Sep 30, 2024 | 0.11 |
| Jun 30, 2024 | 0.11 |
| Mar 31, 2024 | 0.24 |
| Dec 31, 2023 | 0.05 |
| Jun 30, 2023 | 0.07 |
| Mar 31, 2023 | 0.08 |
| Dec 31, 2022 | 0.22 |
| Sep 30, 2022 | 0.05 |
| Jun 30, 2022 | 0.06 |
| Mar 31, 2022 | 0.15 |
| Dec 31, 2021 | 0.06 |
| Sep 30, 2021 | 0.13 |
| Jun 30, 2021 | 0.23 |
Plains Gp Holdings FCF Payout Ratio 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=fcf-payout-ratio&ticker=PAGP&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "fcf-payout-ratio", "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=fcf-payout-ratio&ticker=PAGP&period=max&api_key=YOUR_API_KEY");
const data = await res.json();