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Q1 '26Q4 '25Q3 '25Q2 '25Q1 '25
Profitability
Gross margin8.5%+0.8pp8.7%+1.5pp8.3%+2.3pp8%+1.8pp7.7%+1.1pp
Operating margin3.3%+1.5pp3.2%+1.5pp2.3%+0.1pp1.7%-0.6pp1.8%-0.7pp
Net margin0.4%+0.1pp0.6%+0.4pp0.4%+0.1pp0.3%0.0pp0.3%-0.1pp
EBITDA margin5.4%+1.8pp5.4%+1.7pp4.3%+0.4pp3.6%-0.5pp3.6%-0.7pp
Free cash flow margin4.6%-0.1pp5.2%+1.0pp5%-0.1pp4.8%+0.9pp4.7%+0.4pp
Returns
Return on assets0.6%+0.1pp0.9%+0.5pp0.6%+0.1pp0.5%-0.1pp0.5%-0.1pp
Efficiency
Asset turnover1.5×-0.2×1.5×-0.2×1.6×-0.1×1.6×0.0×1.7×+0.1×
Inventory turnover137.1×-15.9×177.3×-1.6×173.3×+18.3×163.7×+3.6×153×-3.6×
Liquidity
Current ratio0.9×-0.1×0.0×0.0×0.0×0.0×
Quick ratio0.9×-0.1×0.9×0.0×0.0×0.0×0.9×0.0×
Cash ratio-0.1×0.1×0.0×0.2×+0.1×0.1×0.0×0.1×0.0×
Leverage
Debt-to-assets0.1×-0.3×0.1×-0.2×0.4×0.0×0.3×0.0×0.3×0.0×
Net debt / EBITDA0.9×-4.2×0.9×-3.6×4.8×+0.4×5.3×+0.9×5.1×+1.0×
Interest coverage2.9×+0.8×3.1×+0.8×2.5×-0.2×1.9×-1.0×2.2×-0.8×
Valuation
Market capitalization$4.81B+13.8%$3.79B+4.4%$3.61B-1.2%$3.82B+2.9%$4.22B+17.4%
Enterprise value$7.09B-46.5%$5.9B-49.2%$13.07B+8.8%$12.7B+4.3%$13.26B+11.0%
Price / earnings24.6×-4.5×14.6×-20.6×19.4×-2.6×28.1×+5.2×29.1×+8.1×
Price / sales0.1×0.0×0.1×0.0×0.1×0.0×0.1×0.0×0.1×0.0×
EV / EBITDA2.9×-4.6×2.5×-4.0×6.6×+0.2×7.5×+1.3×7.5×+1.6×
EV / sales0.2×-0.1×0.1×-0.1×0.3×0.0×0.3×0.0×0.3×0.0×
Free cash flow yield43.2%-10.6pp60.4%+4.3pp63%-3.4pp58.1%+8.4pp53.8%-2.0pp
Earnings yield4.1%+0.6pp6.8%+4.0pp5.2%+0.6pp3.6%-0.8pp3.4%-1.3pp
PEG ratio0.7×0.1×1.6×

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Questions, answered.

What are Plains GP Holdings, L.P.'s profit margins?
Plains GP Holdings, L.P. (PAGP) runs a 8.5% gross margin and a 3.3% operating margin, with a 0.4% net margin.
Where do Plains GP Holdings, L.P.'s ratios come from?
Every ratio is computed from Plains GP Holdings, L.P.'s SEC filings — trailing-twelve-month flows over period-end balances. Valuation multiples combine those fundamentals with market data, recomputed each period. Switch between quarterly, annual, and TTM, or open any ratio for its full history and peer comparisons.