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Plains GP Holdings, L.P. PAGP Product sales revenues — Total revenues

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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$5.02B+31.7%
Enterprise value$7.31B-42.4%
P/E25.8×-2.3×
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
FCF margin4.6%-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

Reported directly by Plains GP Holdings, L.P. in its filing.

Tagged under the XBRL concept us-gaap:DisposalGroupIncludingDiscontinuedOperationRevenue.

The source filing: Plains GP Holdings, L.P.’s 10-Q, filed May 8, 2026.

Filed
May 8, 2026, 4:46 PM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0001581990-26-000017
Line itemThree Months Ended March 31, 20262025
Revenues:
Product sales$256$498
Services3836
Total revenues294534
Cost and Expenses:
Purchases and related costs205244
Field operating costs7168
General and administrative expenses1415

Item 1. UNAUDITED CONDENSED CONSOLIDATED FINANCIAL STATEMENTS

FAQ

What is Plains GP Holdings, L.P.'s product sales revenues — total revenues?
Plains GP Holdings, L.P. (PAGP) reported product sales revenues — total revenues of $256M in Q1 2026.
How has Plains GP Holdings, L.P.'s product sales revenues — total revenues changed year-over-year?
Plains GP Holdings, L.P.'s product sales revenues — total revenues decreased by 48.6% year-over-year, from $498M to $256M.
What is the long-term trend for Plains GP Holdings, L.P.'s product sales revenues — total revenues?
Over 2 years (2023 to 2025), Plains GP Holdings, L.P.'s product sales revenues — total revenues has grown at a -1.8% compound annual growth rate (CAGR), from $1.23B to $1.19B.
What does product sales revenues — total revenues mean?
This metric captures the aggregate gross revenue generated from the sale of crude oil, natural gas liquids, and related products within the specified business segment. It serves as a primary indicator of the company's market activity, commodity volume throughput, and overall scale of its product marketing operations. Tracking this total allows stakeholders to evaluate the segment's contribution to the company's top-line performance and its sensitivity to commodity price fluctuations.

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