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Plains GP Holdings, L.P. PAGP United States — Long-Lived Assets

Other geography segments

Canada
$1.48B+3.6%

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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:NoncurrentAssets.

The source filing: Plains GP Holdings, L.P.’s 10-K, filed February 27, 2026.

Filed
Feb 27, 2026, 5:05 PM EST
Fiscal year
FY2025
Accession
0001581990-26-000012
Long-Lived Assets (1)December 31, 2025December 31, 2024
United States$21,398$17,955
Canada1,4801,429
$22,878$19,384

Item 16. Form 10-K Summary

FAQ

What is Plains GP Holdings, L.P.'s united states — long-lived assets?
Plains GP Holdings, L.P. (PAGP) reported united states — long-lived assets of $21.4B in Q4 2025.
How has Plains GP Holdings, L.P.'s united states — long-lived assets changed year-over-year?
Plains GP Holdings, L.P.'s united states — long-lived assets increased by 19.2% year-over-year, from $17.96B to $21.4B.
What does united states — long-lived assets mean?
This metric measures the net book value of non-current, tangible, and intangible assets located within the United States, such as pipelines, storage terminals, and processing facilities. It reflects the scale of the company's capital investment and physical infrastructure footprint required to support long-term operational capacity in the region. Investors use this to evaluate capital allocation intensity and the asset base supporting future cash flow generation in the domestic market.

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