Operating Segments was Plains Gp Holdings’s largest segment in fiscal 2024, bringing in $47.03B of $47.01B (100%).
| Segment | FY 2011 | FY 2012 | FY 2013 | FY 2014 | FY 2015 | FY 2016 | FY 2017 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Segments | $39.40B | $53.84B | $45.59B | $47.03B | |||||||||
| Total Revenues | — | — | — | — | |||||||||
| Operating Segments Excluding Intersegment Elimination | — | — | — | — | |||||||||
| Intersegment Adjustment | — | — | — | — | |||||||||
| Intersegment Revenues Elimination | -$379.00M | -$531.00M | -$26.00M | -$20.00M | |||||||||
| Intersegment | — | — | — | — | |||||||||
| Total | $39.02B | $53.31B | $45.56B | $47.01B |
Plains Gp Holdings brought in $47.01B from its two segments in fiscal 2024, the year ended December 31, 2024. That is less than the $50.39B it reports by product and service, so these segments do not cover all of its revenue. Operating Segments was the largest at $47.03B (100.0%).
The total is net of Intersegment Revenues Elimination, which took $20.00M off revenue in fiscal 2024.
Product Sales Revenues was Plains Gp Holdings’s largest product and service line in fiscal 2024, bringing in $47.02B of $50.39B (93%).
| Product and Service | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 |
|---|---|---|---|---|---|---|
| Product Sales Revenues | $39.05B | $53.37B | $45.57B | $47.02B | ||
| Services Revenues | $1.06B | $1.21B | $3.18B | $3.38B | ||
| Total | $40.11B | $54.58B | $48.74B | $50.39B |
Plains Gp Holdings brought in $50.39B from its two product and service lines in fiscal 2024, the year ended December 31, 2024. That was up 3.4% from $48.74B in fiscal 2023. Product Sales Revenues was the largest at $47.02B (93.3%), ahead of Services Revenues at $3.38B (6.7%).
Compared with fiscal 2023, Services Revenues grew 6.2% to $3.38B and Product Sales Revenues grew 3.2% to $47.02B. From fiscal 2021 to 2024, combined revenue from these lines grew from $40.11B to $50.39B, a compound annual growth rate of 7.9%. Product Sales Revenues' share of the total fell from 97.4% to 93.3%.
United States was Plains Gp Holdings’s largest region in fiscal 2024, bringing in $43.54B of $48.89B (89%).
| Geography | FY 2011 | FY 2012 | FY 2013 | FY 2015 | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| United States | $34.46B | $46.90B | $41.74B | $43.54B | |||||||||
| Total Revenues | — | — | — | — | |||||||||
| Canada | $7.62B | $10.44B | $5.60B | $5.35B | |||||||||
| Total | $42.08B | $57.34B | $47.34B | $48.89B |
Plains Gp Holdings brought in $48.89B from its two regions in fiscal 2024, the year ended December 31, 2024. That was up 3.3% from $47.34B in fiscal 2023. United States was the largest at $43.54B (89.0%), ahead of Canada at $5.35B (11.0%).
Compared with fiscal 2023, United States grew 4.3% to $43.54B, while Canada fell 4.4% to $5.35B. From fiscal 2021 to 2024, combined revenue from these regions grew from $42.08B to $48.89B, a compound annual growth rate of 5.1%. United States' share of the total rose from 81.9% to 89.0%.
Plains Gp Holdings (PAGP) reports its revenue by segment, by product and service and by geography. In fiscal 2024, Operating Segments was its largest segment, bringing in $47.03B (100.0% of the total).
Operating Segments was Plains Gp Holdings' largest segment in fiscal 2024, bringing in $47.03B, or 100.0% of the $47.01B total across its two segments.
Product Sales Revenues was Plains Gp Holdings' largest product and service line in fiscal 2024, bringing in $47.02B, or 93.3% of the $50.39B total across its two product and service lines.
United States was Plains Gp Holdings' largest region in fiscal 2024, bringing in $43.54B, or 89.0% of the $48.89B total across its two regions.
Services Revenues grew faster than Product Sales Revenues in fiscal 2024, up 6.2% from $3.18B to $3.38B. Product Sales Revenues grew 3.2% to $47.02B.
Every figure comes from Plains Gp Holdings' annual financial filings, as reported. Each line keeps the name Plains Gp Holdings gives it, and years follow its fiscal calendar.
Plains Gp Holdings' revenue by segment goes back to fiscal 2011, with figures through fiscal 2024. The latest four fiscal years are free to view, and the full history is available with a Business Quant subscription.