Plains Gp Holdings (PAGP) Return on Capital Employed [ROCE] (2014 - 2026)
Plains Gp Holdings (PAGP) reported Return on Capital Employed [ROCE] of 6.38% for Q2 2026, up 3.12 percentage points from 3.26% a year earlier and up 0.59 percentage points from the prior quarter.
Plains Gp Holdings (PAGP) Return on Capital Employed [ROCE] (2014 - 2026) Analysis & Trends
For FY2025, Plains Gp Holdings posted Return on Capital Employed [ROCE] of 5.80%, up 2.09 percentage points from FY2024.
- Return on Capital Employed [ROCE] has a five-year change of +15.85 percentage points (FY2020 to FY2025).
- By year, Return on Capital Employed [ROCE] came in at 3.71% in FY2024 (-1.52 pp), 5.23% in FY2023 (-0.19 pp), 5.42% in FY2022 (+1.54 pp) and 3.87% in FY2021 (+13.93 pp).
- The Q2 2026 figure ranks as the highest quarterly Return on Capital Employed [ROCE] since Q3 2022.
- Year over year, Return on Capital Employed [ROCE] has now increased in each of the last four quarters, with an average year-over-year change of +0.38 percentage points over the last eight quarters.
- The high point for year-over-year Return on Capital Employed [ROCE] in five years was Q4 2021 (a gain of 14.95 percentage points); the low point was Q3 2023 (a drop of 3.42 percentage points).
- Per Business Quant data, the three quarters before Q2 2026 came in at 5.80% (Q1 2026), 5.63% (Q4 2025) and 4.52% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROCE (Qtr) |
|---|---|---|---|---|---|
| 1 | Enbridge | 100.40 Bn | 97.94 Bn | 4.84 Bn | 5.40% |
| 2 | Williams Companies | 86.28 Bn | 85.00 Bn | 2.54 Bn | 8.70% |
| 3 | Enterprise Products Partners | 78.15 Bn | 76.58 Bn | - | 12.27% |
| 4 | Energy Transfer | 70.55 Bn | 63.99 Bn | 7.40 Bn | 8.43% |
| 5 | Kinder Morgan | 69.13 Bn | 70.08 Bn | 3.07 Bn | 7.68% |
| 6 | Tc Energy | 61.50 Bn | 64.57 Bn | 2.81 Bn | - |
| 7 | Targa Resources | 60.39 Bn | 60.01 Bn | 2.14 Bn | 15.72% |
| 8 | Mplx | 57.19 Bn | 50.75 Bn | 2.91 Bn | 14.79% |
| 9 | Cheniere Energy | 55.74 Bn | 55.87 Bn | 5.29 Bn | 15.05% |
| 10 | Plains Gp Holdings | 5.16 Bn | 2.42 Bn | 1.14 Bn | 6.38% |
Historic 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% |
Plains Gp Holdings Return on Capital Employed [ROCE] API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=return-on-capital-employed-%5Broce%5D&ticker=PAGP&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-capital-employed-[roce]", "ticker": "PAGP", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=return-on-capital-employed-%5Broce%5D&ticker=PAGP&period=max&api_key=YOUR_API_KEY");
const data = await res.json();