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

Plains Gp Holdings' Operating Margin history runs 15 years deep, the most recent figure standing at 3.23% for Q1 2026.

• In Q1 2026, Operating Margin rose 14.0% year-over-year to 3.23%; the TTM figure through Mar 2026 stood at 3.26% (up 149.0% YoY), while the FY2025 annual figure was 3.23%, up 146.0% from the prior year.
• Operating Margin came in at 3.23% for Q1 2026 at Plains Gp Holdings, down from 3.35% in the prior quarter.
• Over five years, Operating Margin peaked at 4.35% in Q3 2022 and troughed at 0.31% in Q4 2022.
• The 5-year median for Operating Margin is 2.59% (2024), against an average of 2.49%.
• Peak annual rise in Operating Margin reached 490 bps in 2022, while the deepest fall reached 490 bps in 2022.
• A 5-year view of Operating Margin shows it stood at 0.31% in 2022, then soared by 589 bps to 1.51% in 2023, then slumped by 109 bps to 0.14% in 2024, then jumped by 2472 bps to 3.35% in 2025, then fell by 4 bps to 3.23% in 2026.
• Per Business Quant data, the three most recent Operating Margin figures were 3.23% in Q1 2026, 3.35% in Q4 2025, and 4.17% in Q3 2025.