Plains Gp Holdings (PAGP) Operating Income (2012 - 2026)
Plains Gp Holdings' (PAGP) quarterly Operating Income came in at $403.0 million in Q1 2026, up 13.52% year-on-year from $355.0 million in Q1 2025, and up 13.84% on a QoQ basis 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.
- On a quarterly basis, Operating Income rose 13.52% year-over-year to $403.0 million in Q1 2026; TTM through Mar 2026 was $1.5 billion, a 71.15% increase from a year earlier, with the FY2025 full-year figure at $1.4 billion, up 65.66% from the prior year.
- Operating Income for Q1 2026 stood at $403.0 million, up from $354.0 million in the prior quarter.
- Over the last five years, Operating Income for PAGP reached as high as $624.0 million in Q3 2022 and fell as low as -$40.0 million in Q4 2022.
- Historically, Operating Income has averaged $307.5 million across 5 years, with a median of $354.0 million in 2025.
- Across the five-year window, Operating Income slumped 109.94% in 2024 and jumped 2182.35% in 2025, its largest moves.
- Year by year, Operating Income stood at -$40.0 million in 2022, then soared by 527.5% to $171.0 million in 2023, then plunged by 109.94% to -$17.0 million in 2024, then soared by 2182.35% to $354.0 million in 2025, then grew by 13.84% to $403.0 million in 2026.
- Per Business Quant data, the three most recent Operating Income figures were $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 | DHT Holdings | 2,706.13 Bn | 2,706.00 Bn | 167.16 Mn | 167.66 Mn |
| 2 | Flex LNG | 1,674.16 Bn | 1,673.77 Bn | 61.79 Mn | 83.60 Mn |
| 3 | Kinder Morgan | 112.74 Bn | 113.82 Bn | 3.07 Bn | 1.35 Bn |
| 4 | Enbridge | 89.82 Bn | 89.03 Bn | 6.70 Bn | 2.35 Bn |
| 5 | Enterprise Products Partners | 83.97 Bn | 82.82 Bn | - | 1.90 Bn |
| 6 | Tc Energy | 72.76 Bn | 73.95 Bn | 1.36 Bn | 441.01 Mn |
| 7 | Energy Transfer | 70.27 Bn | 69.30 Bn | 6.62 Bn | 2.98 Bn |
| 8 | Targa Resources | 61.30 Bn | 61.34 Bn | 1.70 Bn | 846.90 Mn |
| 9 | Oneok | 61.15 Bn | 61.02 Bn | 8.98 Bn | 1.43 Bn |
| 10 | Plains Gp Holdings | 5.25 Bn | 5.07 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 |