KPIs & Operating Metrics(New)
Growth Metrics

Plains Gp Holdings (PAGP) Operating Margin (2016 - 2025)

Plains Gp Holdings (PAGP) has disclosed Operating Margin for 14 consecutive years, with 3.33% as the latest value for Q4 2025.

  • On a quarterly basis, Operating Margin rose 347.0% to 3.33% in Q4 2025 year-over-year; TTM through Dec 2025 was 3.22%, a 145.0% increase, with the full-year FY2025 number at 13.52%, up 1118.0% from a year prior.
  • Operating Margin was 3.33% for Q4 2025 at Plains Gp Holdings, down from 4.17% in the prior quarter.
  • In the past five years, Operating Margin ranged from a high of 6.25% in Q1 2021 to a low of 2.41% in Q2 2021.
  • A 5-year average of 2.35% and a median of 2.54% in 2022 define the central range for Operating Margin.
  • Biggest YoY gain for Operating Margin was 3981bps in 2021; the steepest drop was -886bps in 2021.
  • Plains Gp Holdings' Operating Margin stood at 4.59% in 2021, then crashed by -107bps to 0.31% in 2022, then soared by 589bps to 1.51% in 2023, then tumbled by -109bps to 0.14% in 2024, then surged by 2459bps to 3.33% in 2025.
  • Per Business Quant, the three most recent readings for PAGP's Operating Margin are 3.33% (Q4 2025), 4.17% (Q3 2025), and 2.23% (Q2 2025).