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| Date | Value |
|---|---|
| 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% |