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Plains GP Holdings, L.P. PAGP Free cash flow margin

Free cash flow margin at other companies

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RepligenRGEN
21.2%+6.1pp
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Piper SandlerPIPR
18%
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MYR GroupMYRG
6%+3.1pp
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LKQLKQ
5.8%+1.7pp
CHE
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14.8%+2.2pp
ST
Sensata TechnologiesST
13.6%+2.8pp

Other financials

Income statement

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Revenue$12.5B+8.7%
Gross profit$977.0M+1.8%
Operating income$403.0M+13.5%
Net income$20.0M-76.2%

Balance sheet

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Cash & equivalents$172.0M-59.9%
Total debt$2.5B-74.0%
Total equity$14.1B-4.1%
Total assets$32.8B+16.0%

Cash flow

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Operating cash flow$418.0M-34.5%
CapEx$130.0M-7.1%
Free cash flow$288.0M-42.2%

Valuation

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Market cap$4.6B+13.8%
Enterprise value$6.89B-46.5%
P/E23.6×-4.3×
P/S0.1×0.0×

Profitability

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Gross margin8.5%+0.8pp
Operating margin3.3%+1.5pp
Net margin0.4%+0.1pp

Returns & leverage

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Return on equity1.3%+0.2pp
Debt / equity0.8×+0.1×
Current ratio0.9×-0.1×

Where this comes from

Calculated from Plains GP Holdings, L.P.’s reported figures.

Based on trailing twelve months.

The official record: Plains GP Holdings, L.P.’s 10-Q, filed May 8, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Plains GP Holdings, L.P.'s free cash flow margin?
Plains GP Holdings, L.P. (PAGP) reported free cash flow margin of 4.6% in Q1 2026.
How has Plains GP Holdings, L.P.'s free cash flow margin changed year-over-year?
Plains GP Holdings, L.P.'s free cash flow margin decreased by 1.6% year-over-year, from 4.7% to 4.6%.
What is the long-term trend for Plains GP Holdings, L.P.'s free cash flow margin?
Over 4 years (2021 to 2025), Plains GP Holdings, L.P.'s free cash flow margin has grown at a 7.1% compound annual growth rate (CAGR), from 3.9% to 5.2%.
What does free cash flow margin mean?
Free cash flow (operating cash flow minus capital expenditures) as a percentage of revenue, trailing twelve months. Measures how efficiently revenue converts into discretionary cash.