Crude Oil was Plains Gp Holdings’s largest segment in fiscal 2025, bringing in $44.13B of $44.26B (100%).
| Segment | FY 2011 | FY 2012 | FY 2013 | FY 2014 | FY 2015 | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Crude Oil | $55.08B | $47.17B | $48.72B | $44.13B | |||||||||||
| Segment Sales & Logistics | — | — | — | — | |||||||||||
| Supply & Logistics | — | — | — | — | |||||||||||
| Ngl | $2.76B | $186.00M | $187.00M | $151.00M | |||||||||||
| Segment Pipeline Tariff Activities Trucking | — | — | — | — | |||||||||||
| Transportation | — | — | — | — | |||||||||||
| Segment Storage Terminalling Processing | — | — | — | — | |||||||||||
| Facilities | — | — | — | — | |||||||||||
| Intersegment Adjustment | — | — | — | — | |||||||||||
| Intersegment Revenues Elimination | -$499.00M | -$24.00M | -$18.00M | -$20.00M | |||||||||||
| Intersegment | — | — | — | — | |||||||||||
| Intersegment Elimination | — | — | — | — | |||||||||||
| Total | $57.34B | $47.34B | $48.89B | $44.26B |
Plains Gp Holdings brought in $44.26B from its three segments in fiscal 2025, the year ended December 31, 2025. That was down 9.5% from $48.89B in fiscal 2024. Crude Oil was the largest at $44.13B (99.7%), ahead of Ngl at $151.00M (0.3%).
From fiscal 2022 to 2025, combined revenue from these segments fell from $57.34B to $44.26B, a compound annual decline of 8.3%. Crude Oil's share of the total rose from 96.1% to 99.7%.
The total is net of Intersegment Revenues Elimination, which took $20.00M off revenue in fiscal 2025.
United States was Plains Gp Holdings’s largest region in fiscal 2025, bringing in $39.76B of $44.26B (90%).
| Geography | FY 2011 | FY 2012 | FY 2013 | FY 2014 | FY 2015 | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| United States | $46.90B | $41.74B | $43.54B | $39.76B | |||||||||||
| Us | — | — | — | — | |||||||||||
| Canada | $10.44B | $5.60B | $5.35B | $4.50B | |||||||||||
| Ca | — | — | — | — | |||||||||||
| Total | $57.34B | $47.34B | $48.89B | $44.26B |
Plains Gp Holdings brought in $44.26B from its two regions in fiscal 2025, the year ended December 31, 2025. That was down 9.5% from $48.89B in fiscal 2024. United States was the largest at $39.76B (89.8%), ahead of Canada at $4.50B (10.2%).
Compared with fiscal 2024, United States fell 8.7% to $39.76B and Canada fell 15.9% to $4.50B. From fiscal 2022 to 2025, combined revenue from these regions fell from $57.34B to $44.26B, a compound annual decline of 8.3%. United States' share of the total rose from 81.8% to 89.8%.
Product Sales Revenues was Plains Gp Holdings’s largest product and service line in fiscal 2025, bringing in $42.52B of $44.26B (96%).
| Product and Service | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 |
|---|---|---|---|---|---|---|---|
| Product Sales Revenues | $56.42B | $45.77B | $47.22B | $42.52B | |||
| Services Revenues | $1.43B | $1.59B | $1.69B | $1.76B | |||
| Intersegment Revenues Elimination | -$499.00M | -$24.00M | -$18.00M | -$20.00M | |||
| Total | $57.34B | $47.34B | $48.89B | $44.26B |
Plains Gp Holdings brought in $44.26B from its three product and service lines in fiscal 2025, the year ended December 31, 2025. That was down 9.5% from $48.89B in fiscal 2024. Product Sales Revenues was the largest at $42.52B (96.1%), ahead of Services Revenues at $1.76B (4.0%).
Compared with fiscal 2024, Services Revenues grew 4.3% to $1.76B, while Product Sales Revenues fell 9.9% to $42.52B. From fiscal 2022 to 2025, combined revenue from these lines fell from $57.34B to $44.26B, a compound annual decline of 8.3%. Product Sales Revenues' share of the total fell from 98.4% to 96.1%.
The total is net of Intersegment Revenues Elimination, which took $20.00M off revenue in fiscal 2025.
Plains Gp Holdings (PAGP) reports its revenue by segment, by geography and by product and service. In fiscal 2025, Crude Oil was its largest segment, bringing in $44.13B (99.7% of the total), followed by Ngl at $151.00M (0.3%).
Crude Oil was Plains Gp Holdings' largest segment in fiscal 2025, bringing in $44.13B, or 99.7% of the $44.26B total across its three segments.
United States was Plains Gp Holdings' largest region in fiscal 2025, bringing in $39.76B, or 89.8% of the $44.26B total across its two regions.
Product Sales Revenues was Plains Gp Holdings' largest product and service line in fiscal 2025, bringing in $42.52B, or 96.1% of the $44.26B total across its three product and service lines.
Services Revenues grew faster than Product Sales Revenues in fiscal 2025, up 4.3% from $1.69B to $1.76B. Product Sales Revenues fell 9.9% to $42.52B.
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 2025. The latest four fiscal years are free to view, and the full history is available with a Business Quant subscription.