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

Plains Gp Holdings (PAGP) reported Net Margin of 0.22% for Q1 2026, down 141.0% year-over-year from 0.55% in Q1 2025, and down 123.26% quarter-over-quarter 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 0.22% in Q1 2026.

  • Net Margin for Q1 2026 came in at 0.22%, down 141.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 0.49% (down 24.0% YoY), and the FY2025 annual result was 0.87%, up 73.0% from the prior year.
  • Net Margin retreated to 0.22% in Q1 2026 per PAGP's latest filing, from 0.97% in the prior quarter.
  • Over five years, Net Margin peaked at 3.77% in Q1 2023 and troughed at 0.22% in Q1 2026.
  • A 5-year average of 1.49% and a median of 1.18% in 2025 frame the typical range for Net Margin.
  • The sharpest annual moves came in 2022 and 2024: Net Margin soared 421 bps in 2022, then tumbled 368 bps in 2024.
  • A 5-year view of Net Margin shows it stood at 2.29% in 2022, then dropped by 4 bps to 2.19% in 2023, then sank by 72 bps to 0.61% in 2024, then jumped by 57 bps to 0.97% in 2025, then slumped by 123 bps to 0.22% in 2026.
  • Business Quant data shows PAGP's Net Margin at 0.22% 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 Enbridge 88.33 Bn 89.03 Bn 6.70 Bn 7.47%
2 Enterprise Products Partners 80.83 Bn 79.68 Bn - 10.39%
3 Kinder Morgan 69.66 Bn 70.75 Bn 3.08 Bn 20.73%
4 Energy Transfer 65.60 Bn 64.88 Bn 6.62 Bn 4.30%
5 Scorpio Tankers 59.17 Bn 58.19 Bn - -
6 Mplx 57.43 Bn 55.92 Bn 2.54 Bn 30.35%
7 Targa Resources 56.68 Bn 56.71 Bn 1.70 Bn 11.71%
8 Oneok 55.34 Bn 55.21 Bn 2.57 Bn 8.07%
9 Tc Energy 50.79 Bn 51.99 Bn 2.95 Bn 23.51%
10 Plains Gp Holdings 4.82 Bn 4.65 Bn 977.00 Mn -0.22%

Historic Data

Download Data
DateValue
Mar 31, 2026 -0.22%
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 2.19%
Sep 30, 2023 2.22%
Jun 30, 2023 2.87%
Mar 31, 2023 3.77%
Dec 31, 2022 2.29%
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%