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

Plains Gp Holdings (PAGP) has reported Operating Margin for 15 consecutive years, with 2.24% the latest figure, recorded in Q2 2026.

• On a quarterly basis, Operating Margin rose 2.0% year-over-year to 2.24% in Q2 2026; TTM through Jun 2026 was 3.13%, a 148.0% increase from a year earlier, with the FY2025 full-year figure at 3.23%, up 146.0% from the prior year.
• Operating Margin was 2.24% for Q2 2026 at Plains Gp Holdings, down from 3.23% in the prior quarter.
• Over five years, Operating Margin peaked at 4.35% in Q3 2022 and troughed at 0.31% in Q4 2022.
• A 5-year average of 2.47% and a median of 2.54% in 2022 frame the typical range for Operating Margin.
• The widest YoY moves for Operating Margin: up 490 bps in 2022, down 490 bps in 2022.
• Over 5 years, Operating Margin stood at 0.31% in 2022, then jumped by 589 bps to 1.51% in 2023, then slumped by 109 bps to 0.14% in 2024, then surged by 2472 bps to 3.35% in 2025, then sank by 33 bps to 2.24% in 2026.
• The last three Operating Margin figures came in at 2.24% (Q2 2026), 3.23% (Q1 2026), and 3.35% (Q4 2025), per Business Quant data.