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

Plains Gp Holdings' (PAGP) quarterly Net Margin came in at 0.83% in Q1 2026, down 201.0% year-on-year from 0.82% in Q1 2025, and down 185.55% on a QoQ basis from 0.97% in Q4 2025.

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

Plains Gp Holdings (PAGP) has 15 years of Net Margin data on file, last reported at 0.83% in Q1 2026.

  • On a quarterly basis, Net Margin fell 201.0% year-over-year to 0.83% in Q1 2026; TTM through Mar 2026 was 0.32%, a 41.0% decrease from a year earlier, with the FY2025 full-year figure at 0.87%, up 73.0% from the prior year.
  • Net Margin for Q1 2026 stood at 0.83%, down from 0.97% in the prior quarter.
  • Over the last five years, Net Margin for PAGP reached as high as 3.75% in Q3 2022 and fell as low as 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.
  • Year by year, Net Margin stood at 1.03% in 2022, then surged by 36 bps to 1.4% in 2023, then plunged by 56 bps to 0.61% in 2024, then jumped by 57 bps to 0.97% in 2025, then tumbled by 186 bps to 0.83% in 2026.
  • Per Business Quant data, the three most recent Net Margin figures were 0.83% in Q1 2026, 0.97% in Q4 2025, and 0.66% in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Net Margin (Qtr)
1 DHT Holdings 2,706.13 Bn 2,706.00 Bn 167.16 Mn 88.32%
2 Flex LNG 1,674.16 Bn 1,673.77 Bn 61.79 Mn 21.07%
3 Kinder Morgan 112.74 Bn 113.82 Bn 3.07 Bn 19.97%
4 Enbridge 89.82 Bn 89.03 Bn 6.70 Bn 7.47%
5 Enterprise Products Partners 83.97 Bn 82.82 Bn - 10.40%
6 Tc Energy 72.76 Bn 73.95 Bn 1.36 Bn 0.05%
7 Energy Transfer 70.27 Bn 69.30 Bn 6.62 Bn 4.30%
8 Targa Resources 61.30 Bn 61.34 Bn 1.70 Bn 11.71%
9 Oneok 61.15 Bn 61.02 Bn 8.98 Bn 8.07%
10 Plains Gp Holdings 5.25 Bn 5.07 Bn 977.00 Mn -0.83%

Historic Data

Download Data
DateValue
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%
Jun 30, 2021 -2.32%