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Plains GP Holdings, L.P. PAGP United States — Revenue

Other geography segments

Canada
$4.5B-15.9%

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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:Revenues.

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
Revenues (1)Year Ended December 31, 2025Year Ended December 31, 2024Year Ended December 31, 2023
United States$39,761$43,535$41,738
Canada4,5015,3545,598
$44,262$48,889$47,336

Item 16. Form 10-K Summary

FAQ

What is Plains GP Holdings, L.P.'s united states — revenue?
Plains GP Holdings, L.P. (PAGP) reported united states — revenue of $9.94B in Q4 2025.
How has Plains GP Holdings, L.P.'s united states — revenue changed year-over-year?
Plains GP Holdings, L.P.'s united states — revenue decreased by 8.7% year-over-year, from $10.88B to $9.94B.
What is the long-term trend for Plains GP Holdings, L.P.'s united states — revenue?
Over 4 years (2021 to 2025), Plains GP Holdings, L.P.'s united states — revenue has grown at a 3.6% compound annual growth rate (CAGR), from $34.46B to $39.76B.
What does united states — revenue mean?
This metric represents the total gross income generated from operations within the United States geographic segment, encompassing transportation, storage, and marketing services for energy products. It serves as a primary indicator of the company's market scale and revenue-generating capacity within its core domestic infrastructure footprint. Tracking this figure allows investors to assess the impact of regional energy demand and commodity price fluctuations on the company's top-line performance.

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