Plains Gp Holdings (PAGP) Gross Margin (2014 - 2026)

Plains Gp Holdings' Gross Margin history runs 13 years deep, the most recent figure standing at 7.83% for Q1 2026.

• In Q1 2026, Gross Margin fell 53.0% year-over-year to 7.83%; the TTM figure through Mar 2026 stood at 8.5% (up 80.0% YoY), while the FY2025 annual figure was 8.65%, up 103.0% from the prior year.
• Gross Margin came in at 7.83% for Q1 2026 at Plains Gp Holdings, down from 9.41% in the prior quarter.
• Over five years, Gross Margin peaked at 9.41% in Q4 2025 and troughed at 3.15% in Q4 2023.
• The 5-year median for Gross Margin is 7.97% (2024), against an average of 7.58%.
• The widest annual swing landed in 2022, when Gross Margin tumbled 518 bps; it then jumped 482 bps in 2024.
• A 5-year view of Gross Margin shows it stood at 7.39% in 2022, then slumped by 57 bps to 3.15% in 2023, then soared by 153 bps to 7.97% in 2024, then grew by 18 bps to 9.41% in 2025, then declined by 17 bps to 7.83% in 2026.
• Per Business Quant data, the three most recent Gross Margin figures were 7.83% in Q1 2026, 9.41% in Q4 2025, and 8.58% in Q3 2025.