Plains Gp Holdings (PAGP) Return on Capital Employed (2014 - 2026)
Plains Gp Holdings (PAGP) posted quarterly Return on Capital Employed of 5.8% for Q1 2026, up 210.0% year-over-year from 1.87% in Q1 2025, and up 2.87% quarter-over-quarter from 5.63% in Q4 2025.
Plains Gp Holdings (PAGP) Return on Capital Employed (2014 - 2026) Analysis & Trends
Plains Gp Holdings (PAGP) has reported Return on Capital Employed for 13 consecutive years, with 5.8% the latest figure, recorded in Q1 2026.
- In Q1 2026, Return on Capital Employed rose 210.0% year-over-year to 5.8%; the TTM figure through Mar 2026 stood at 5.8% (up 210.0% YoY), while the FY2025 annual figure was 5.8%, up 209.0% from the prior year.
- Return on Capital Employed grew to 5.8% in Q1 2026 per PAGP's latest filing, from 5.63% in the prior quarter.
- Across five years, Return on Capital Employed topped out at 7.94% in Q3 2022 and bottomed at 2.71% in Q1 2022.
- Historically, Return on Capital Employed has averaged 4.94% across 5 years, with a median of 4.83% in 2024.
- Annual changes were most pronounced in 2022 — Return on Capital Employed jumped 708 bps — and 2023, when it tumbled 342 bps.
- Plains Gp Holdings' Return on Capital Employed stood at 5.55% in 2022, then retreated by 5 bps to 5.25% in 2023, then declined by 29 bps to 3.73% in 2024, then surged by 51 bps to 5.63% in 2025, then increased by 3 bps to 5.8% in 2026.
- Business Quant data shows PAGP's Return on Capital Employed at 5.8% in Q1 2026, 5.63% in Q4 2025, and 4.52% in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROCE (Qtr) |
|---|---|---|---|---|---|
| 1 | Kinder Morgan | 112.69 Bn | 112.57 Bn | 3.07 Bn | 7.68% |
| 2 | Enbridge | 110.69 Bn | 109.19 Bn | 5.23 Bn | 5.40% |
| 3 | Enterprise Products Partners | 83.45 Bn | 82.54 Bn | - | 12.27% |
| 4 | Energy Transfer | 72.64 Bn | 71.61 Bn | 7.40 Bn | 8.43% |
| 5 | Tc Energy | 65.84 Bn | 58.29 Bn | 1.24 Bn | - |
| 6 | Mplx | 60.05 Bn | 59.02 Bn | 2.73 Bn | 14.79% |
| 7 | Oneok | 59.98 Bn | 59.82 Bn | 2.81 Bn | 9.99% |
| 8 | Targa Resources | 59.50 Bn | 59.37 Bn | 2.14 Bn | 15.72% |
| 9 | Cheniere Energy | 55.93 Bn | 54.68 Bn | 5.29 Bn | 15.05% |
| 10 | Plains Gp Holdings | 5.12 Bn | 4.06 Bn | 1.14 Bn | 6.38% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 6.38% |
| Mar 31, 2026 | 5.80% |
| Dec 31, 2025 | 5.63% |
| Sep 30, 2025 | 4.52% |
| Jun 30, 2025 | 3.26% |
| Mar 31, 2025 | 3.70% |
| Dec 31, 2024 | 3.73% |
| Sep 30, 2024 | 4.49% |
| Jun 30, 2024 | 4.68% |
| Mar 31, 2024 | 4.83% |
| Dec 31, 2023 | 5.25% |
| Sep 30, 2023 | 4.52% |
| Jun 30, 2023 | 6.01% |
| Mar 31, 2023 | 6.20% |
| Dec 31, 2022 | 5.55% |
| Sep 30, 2022 | 7.94% |
| Jun 30, 2022 | 5.18% |
| Mar 31, 2022 | 2.71% |
| Dec 31, 2021 | 3.90% |
| Sep 30, 2021 | 0.85% |