Plains Gp Holdings (PAGP) Tax Provisions (2012 - 2026)
Plains Gp Holdings (PAGP) posted quarterly Tax Provisions of $216.0 million for Q1 2026, up 575.0% year-over-year from $32.0 million in Q1 2025, and up 1250.0% quarter-over-quarter from $16.0 million in Q4 2025.
Plains Gp Holdings (PAGP) Tax Provisions (2012 - 2026) Analysis & Trends
Plains Gp Holdings (PAGP) has reported Tax Provisions for 15 consecutive years, with $216.0 million the latest figure, recorded in Q1 2026.
- In Q1 2026, Tax Provisions rose 575.0% year-over-year to $216.0 million; the TTM figure through Mar 2026 stood at $263.0 million (up 73.03% YoY), while the FY2025 annual figure was $92.0 million, down 25.81% from the prior year.
- Tax Provisions rose to $216.0 million in Q1 2026 per PAGP's latest filing, from $16.0 million in the prior quarter.
- Across five years, Tax Provisions topped out at $216.0 million in Q1 2026 and bottomed at $1.0 million in Q2 2025.
- Historically, Tax Provisions has averaged $51.8 million across 5 years, with a median of $30.0 million in 2022.
- Annual changes were most pronounced in 2022 — Tax Provisions surged 3400.0% — and 2025, when it sank 98.44%.
- Plains Gp Holdings' Tax Provisions stood at $186.0 million in 2022, then tumbled by 86.56% to $25.0 million in 2023, then jumped by 108.0% to $52.0 million in 2024, then tumbled by 69.23% to $16.0 million in 2025, then jumped by 1250.0% to $216.0 million in 2026.
- Business Quant data shows PAGP's Tax Provisions at $216.0 million in Q1 2026, $16.0 million in Q4 2025, and $30.0 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Kinder Morgan | 112.69 Bn | 112.57 Bn | 3.07 Bn | 272.00 Mn |
| 2 | Enbridge | 111.13 Bn | 109.64 Bn | 5.23 Bn | 319.53 Mn |
| 3 | Enterprise Products Partners | 83.45 Bn | 82.54 Bn | - | 12.00 Mn |
| 4 | Energy Transfer | 72.53 Bn | 71.50 Bn | 7.40 Bn | 194.00 Mn |
| 5 | Tc Energy | 66.12 Bn | 58.56 Bn | 1.24 Bn | 61.45 Mn |
| 6 | Mplx | 60.19 Bn | 59.16 Bn | 2.73 Bn | 2.00 Mn |
| 7 | Oneok | 60.00 Bn | 59.84 Bn | 2.81 Bn | 299.00 Mn |
| 8 | Targa Resources | 59.13 Bn | 59.00 Bn | 2.14 Bn | 227.20 Mn |
| 9 | Cheniere Energy | 56.04 Bn | 54.79 Bn | 5.29 Bn | 366.00 Mn |
| 10 | Plains Gp Holdings | 5.12 Bn | 4.06 Bn | 1.14 Bn | 209.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 209.00 Mn |
| Mar 31, 2026 | 216.00 Mn |
| Dec 31, 2025 | 16.00 Mn |
| Sep 30, 2025 | 30.00 Mn |
| Jun 30, 2025 | 1.00 Mn |
| Mar 31, 2025 | 32.00 Mn |
| Dec 31, 2024 | 52.00 Mn |
| Sep 30, 2024 | 4.00 Mn |
| Jun 30, 2024 | 64.00 Mn |
| Mar 31, 2024 | 53.00 Mn |
| Dec 31, 2023 | 25.00 Mn |
| Sep 30, 2023 | 22.00 Mn |
| Jun 30, 2023 | 20.00 Mn |
| Mar 31, 2023 | 83.00 Mn |
| Dec 31, 2022 | 186.00 Mn |
| Sep 30, 2022 | 12.00 Mn |
| Jun 30, 2022 | 30.00 Mn |
| Mar 31, 2022 | 35.00 Mn |
| Dec 31, 2021 | 101.00 Mn |
| Sep 30, 2021 | -37.00 Mn |