Plains Gp Holdings (PAGP) Operating Income (2012 - 2026)
Plains Gp Holdings (PAGP) reported Operating Income of $403.0 million for Q1 2026, up 13.52% year-over-year from $355.0 million in Q1 2025, and up 13.84% quarter-over-quarter from $354.0 million in Q4 2025.
Plains Gp Holdings (PAGP) Operating Income (2012 - 2026) Analysis & Trends
Plains Gp Holdings (PAGP) has 15 years of Operating Income data on file, last reported at $403.0 million in Q1 2026.
- Operating Income for Q1 2026 came in at $403.0 million, up 13.52% year-over-year; the trailing twelve-month figure through Mar 2026 was $1.5 billion (up 71.15% YoY), and the FY2025 annual result was $1.4 billion, up 65.66% from the prior year.
- Operating Income advanced to $403.0 million in Q1 2026 per PAGP's latest filing, from $354.0 million in the prior quarter.
- Over five years, Operating Income peaked at $624.0 million in Q3 2022 and troughed at -$40.0 million in Q4 2022.
- A 5-year average of $307.5 million and a median of $354.0 million in 2025 frame the typical range for Operating Income.
- The sharpest annual moves came in 2024 and 2025: Operating Income plunged 109.94% in 2024, then soared 2182.35% in 2025.
- A 5-year view of Operating Income shows it stood at -$40.0 million in 2022, then soared by 527.5% to $171.0 million in 2023, then tumbled by 109.94% to -$17.0 million in 2024, then soared by 2182.35% to $354.0 million in 2025, then gained by 13.84% to $403.0 million in 2026.
- Business Quant data shows PAGP's Operating Income at $403.0 million in Q1 2026, $354.0 million in Q4 2025, and $483.0 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Op. Inc (Qtr) |
|---|---|---|---|---|---|
| 1 | Enbridge | 88.33 Bn | 89.03 Bn | 6.70 Bn | 2.35 Bn |
| 2 | Enterprise Products Partners | 80.83 Bn | 79.68 Bn | - | 1.90 Bn |
| 3 | Kinder Morgan | 69.66 Bn | 70.75 Bn | 3.08 Bn | 1.44 Bn |
| 4 | Energy Transfer | 65.60 Bn | 64.88 Bn | 6.62 Bn | 2.98 Bn |
| 5 | Scorpio Tankers | 59.17 Bn | 58.19 Bn | - | 219.52 Mn |
| 6 | Mplx | 57.43 Bn | 55.92 Bn | 2.54 Bn | 1.21 Bn |
| 7 | Targa Resources | 56.68 Bn | 56.71 Bn | 1.70 Bn | 846.90 Mn |
| 8 | Oneok | 55.34 Bn | 55.21 Bn | 2.57 Bn | 1.43 Bn |
| 9 | Tc Energy | 50.79 Bn | 51.99 Bn | 2.95 Bn | 2.03 Bn |
| 10 | Plains Gp Holdings | 4.82 Bn | 4.65 Bn | 977.00 Mn | 403.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 403.00 Mn |
| Dec 31, 2025 | 354.00 Mn |
| Sep 30, 2025 | 483.00 Mn |
| Jun 30, 2025 | 237.00 Mn |
| Mar 31, 2025 | 355.00 Mn |
| Dec 31, 2024 | -17.00 Mn |
| Sep 30, 2024 | 195.00 Mn |
| Jun 30, 2024 | 330.00 Mn |
| Mar 31, 2024 | 355.00 Mn |
| Dec 31, 2023 | 171.00 Mn |
| Sep 30, 2023 | 232.00 Mn |
| Jun 30, 2023 | 375.00 Mn |
| Mar 31, 2023 | 471.00 Mn |
| Dec 31, 2022 | -40.00 Mn |
| Sep 30, 2022 | 624.00 Mn |
| Jun 30, 2022 | 408.00 Mn |
| Mar 31, 2022 | 291.00 Mn |
| Dec 31, 2021 | 596.00 Mn |
| Sep 30, 2021 | -40.00 Mn |
| Jun 30, 2021 | -239.00 Mn |