Plains Gp Holdings (PAGP) Net Margin (2012 - 2026)
Plains Gp Holdings (PAGP) posted quarterly Net Margin of 0.83% for Q1 2026, down 201.0% year-over-year from 0.82% in Q1 2025, and down 185.55% quarter-over-quarter from 0.97% in Q4 2025.
Plains Gp Holdings (PAGP) Net Margin (2012 - 2026) Analysis & Trends
Plains Gp Holdings (PAGP) has reported Net Margin for 15 consecutive years, with 0.83% the latest figure, recorded in Q1 2026.
- In Q1 2026, Net Margin fell 201.0% year-over-year to 0.83%; the TTM figure through Mar 2026 stood at 0.32% (down 41.0% YoY), while the FY2025 annual figure was 0.87%, up 73.0% from the prior year.
- Net Margin retreated to 0.83% in Q1 2026 per PAGP's latest filing, from 0.97% in the prior quarter.
- Across five years, Net Margin topped out at 3.75% in Q3 2022 and bottomed at 0.83% in Q1 2026.
- Historically, Net Margin has averaged 1.33% across 5 years, with a median of 1.03% in 2022.
- On a YoY basis, Net Margin climbed as much as 421 bps in 2022 and fell as far as 377 bps in 2022.
- Plains Gp Holdings' Net Margin stood at 1.03% in 2022, then soared by 36 bps to 1.4% in 2023, then plunged by 56 bps to 0.61% in 2024, then surged by 57 bps to 0.97% in 2025, then tumbled by 186 bps to 0.83% in 2026.
- Business Quant data shows PAGP's Net Margin at 0.83% in Q1 2026, 0.97% in Q4 2025, and 0.66% in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Kinder Morgan | 112.69 Bn | 112.57 Bn | 3.07 Bn | 19.97% |
| 2 | Enbridge | 110.69 Bn | 109.19 Bn | 5.23 Bn | 4.76% |
| 3 | Enterprise Products Partners | 83.45 Bn | 82.54 Bn | - | 10.16% |
| 4 | Energy Transfer | 72.64 Bn | 71.61 Bn | 7.40 Bn | 5.90% |
| 5 | Tc Energy | 65.84 Bn | 58.29 Bn | 1.24 Bn | 55.36% |
| 6 | Mplx | 60.05 Bn | 59.02 Bn | 2.73 Bn | 32.82% |
| 7 | Oneok | 59.98 Bn | 59.82 Bn | 2.81 Bn | 8.03% |
| 8 | Targa Resources | 59.50 Bn | 59.37 Bn | 2.14 Bn | 17.22% |
| 9 | Cheniere Energy | 55.93 Bn | 54.68 Bn | 5.29 Bn | 63.54% |
| 10 | Plains Gp Holdings | 5.12 Bn | 4.06 Bn | 1.14 Bn | 9.32% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 9.32% |
| Mar 31, 2026 | -0.83% |
| Dec 31, 2025 | 0.97% |
| Sep 30, 2025 | 0.66% |
| Jun 30, 2025 | 0.66% |
| Mar 31, 2025 | 1.18% |
| Dec 31, 2024 | 0.61% |
| Sep 30, 2024 | 0.92% |
| Jun 30, 2024 | 0.25% |
| Mar 31, 2024 | 0.09% |
| Dec 31, 2023 | 1.40% |
| Sep 30, 2023 | 2.00% |
| Jun 30, 2023 | 3.18% |
| Mar 31, 2023 | 3.59% |
| Dec 31, 2022 | 1.03% |
| Sep 30, 2022 | 3.75% |
| Jun 30, 2022 | 1.62% |
| Mar 31, 2022 | 1.53% |
| Dec 31, 2021 | 3.70% |
| Sep 30, 2021 | -0.46% |