PLAINS GP HOLDINGS LP-CL A (PAGP) Stock Fundamental Analysis

USA • Nasdaq • NASDAQ:PAGP • US72651A2078

20.87 USD
+0.18 (+0.87%)
At close: Feb 10, 2026
20.9 USD
+0.03 (+0.14%)
After Hours: 2/10/2026, 8:00:02 PM
Fundamental Rating

3

Taking everything into account, PAGP scores 3 out of 10 in our fundamental rating. PAGP was compared to 206 industry peers in the Oil, Gas & Consumable Fuels industry. Both the profitability and financial health of PAGP have multiple concerns. PAGP has a valuation in line with the averages, but on the other hand it scores bad on growth. Finally PAGP also has an excellent dividend rating.


Dividend Valuation Growth Profitability Health

2

1. Profitability

1.1 Basic Checks

  • PAGP had positive earnings in the past year.
  • In the past year PAGP had a positive cash flow from operations.
  • Of the past 5 years PAGP 4 years were profitable.
  • PAGP had a positive operating cash flow in 4 of the past 5 years.
PAGP Yearly Net Income VS EBIT VS OCF VS FCFPAGP Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 1B 2B

1.2 Ratios

  • PAGP's Return On Assets of 0.64% is on the low side compared to the rest of the industry. PAGP is outperformed by 65.53% of its industry peers.
  • PAGP's Return On Equity of 13.83% is fine compared to the rest of the industry. PAGP outperforms 75.73% of its industry peers.
  • PAGP has a Return On Invested Capital of 5.17%. This is comparable to the rest of the industry: PAGP outperforms 46.12% of its industry peers.
  • The Average Return On Invested Capital over the past 3 years for PAGP is significantly below the industry average of 22.01%.
Industry RankSector Rank
ROA 0.64%
ROE 13.83%
ROIC 5.17%
ROA(3y)0.55%
ROA(5y)-0.07%
ROE(3y)10.48%
ROE(5y)-0.69%
ROIC(3y)5.23%
ROIC(5y)4.87%
PAGP Yearly ROA, ROE, ROICPAGP Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 -20 -40

1.3 Margins

  • The Profit Margin of PAGP (0.40%) is worse than 66.02% of its industry peers.
  • In the last couple of years the Profit Margin of PAGP has declined.
  • Looking at the Operating Margin, with a value of 3.08%, PAGP is doing worse than 68.45% of the companies in the same industry.
  • PAGP's Operating Margin has declined in the last couple of years.
  • PAGP has a Gross Margin of 9.23%. This is in the lower half of the industry: PAGP underperforms 71.36% of its industry peers.
  • PAGP's Gross Margin has declined in the last couple of years.
Industry RankSector Rank
OM 3.08%
PM (TTM) 0.4%
GM 9.23%
OM growth 3Y-8.29%
OM growth 5Y-14.79%
PM growth 3Y12.99%
PM growth 5Y-26.86%
GM growth 3Y2%
GM growth 5Y-6.37%
PAGP Yearly Profit, Operating, Gross MarginsPAGP Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 5 10

3

2. Health

2.1 Basic Checks

  • The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so PAGP is destroying value.
  • PAGP has no outstanding debt. Therefor its Debt/Equity and Debt/FCF ratios are 0 and belong to the best of the industry.
PAGP Yearly Shares OutstandingPAGP Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 2023 2024 200M 400M 600M
PAGP Yearly Total Debt VS Total AssetsPAGP Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2016 2017 2018 2019 2020 2021 2022 2023 2024 5B 10B 15B 20B 25B

2.2 Solvency

  • The Debt to FCF ratio of PAGP is 4.27, which is a neutral value as it means it would take PAGP, 4.27 years of fcf income to pay off all of its debts.
  • PAGP has a Debt to FCF ratio of 4.27. This is in the better half of the industry: PAGP outperforms 67.48% of its industry peers.
  • PAGP has a Debt/Equity ratio of 6.27. This is a high value indicating a heavy dependency on external financing.
  • PAGP has a worse Debt to Equity ratio (6.27) than 89.32% of its industry peers.
Industry RankSector Rank
Debt/Equity 6.27
Debt/FCF 4.27
Altman-Z N/A
ROIC/WACC0.77
WACC6.74%
PAGP Yearly LT Debt VS Equity VS FCFPAGP Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 2B 4B 6B 8B 10B

2.3 Liquidity

  • A Current Ratio of 1.04 indicates that PAGP should not have too much problems paying its short term obligations.
  • PAGP has a Current ratio of 1.04. This is comparable to the rest of the industry: PAGP outperforms 45.15% of its industry peers.
  • A Quick Ratio of 1.01 indicates that PAGP should not have too much problems paying its short term obligations.
  • With a Quick ratio value of 1.01, PAGP perfoms like the industry average, outperforming 51.94% of the companies in the same industry.
Industry RankSector Rank
Current Ratio 1.04
Quick Ratio 1.01
PAGP Yearly Current Assets VS Current LiabilitesPAGP Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2016 2017 2018 2019 2020 2021 2022 2023 2024 2B 4B 6B

3

3. Growth

3.1 Past

  • The Earnings Per Share has grown by an impressive 116.98% over the past year.
  • PAGP shows a very negative growth in Earnings Per Share. Measured over the last years, the EPS has been decreasing by -17.79% yearly.
EPS 1Y (TTM)116.98%
EPS 3Y-17.79%
EPS 5YN/A
EPS Q2Q%440%
Revenue 1Y (TTM)N/A
Revenue growth 3YN/A
Revenue growth 5YN/A
Sales Q2Q%-14.81%

3.2 Future

  • Based on estimates for the next years, PAGP will show a quite strong growth in Earnings Per Share. The EPS will grow by 12.03% on average per year.
  • The Revenue is expected to decrease by -4.16% on average over the next years.
EPS Next Y37.29%
EPS Next 2Y18.97%
EPS Next 3Y17.09%
EPS Next 5Y12.03%
Revenue Next Year11.39%
Revenue Next 2Y6.3%
Revenue Next 3Y-4.16%
Revenue Next 5YN/A

3.3 Evolution

  • The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
PAGP Yearly Revenue VS EstimatesPAGP Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 10B 20B 30B 40B 50B
PAGP Yearly EPS VS EstimatesPAGP Yearly EPS VS EstimatesYearly EPS VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 2031 0 1 -1 2 -2 -3

6

4. Valuation

4.1 Price/Earnings Ratio

  • The Price/Earnings ratio is 18.15, which indicates a rather expensive current valuation of PAGP.
  • PAGP's Price/Earnings is on the same level as the industry average.
  • PAGP is valuated rather cheaply when we compare the Price/Earnings ratio to 28.03, which is the current average of the S&P500 Index.
  • A Price/Forward Earnings ratio of 13.22 indicates a correct valuation of PAGP.
  • 66.99% of the companies in the same industry are more expensive than PAGP, based on the Price/Forward Earnings ratio.
  • PAGP is valuated cheaply when we compare the Price/Forward Earnings ratio to 27.97, which is the current average of the S&P500 Index.
Industry RankSector Rank
PE 18.15
Fwd PE 13.22
PAGP Price Earnings VS Forward Price EarningsPAGP Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 10 20 30

4.2 Price Multiples

  • Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of PAGP indicates a somewhat cheap valuation: PAGP is cheaper than 79.61% of the companies listed in the same industry.
  • PAGP's Price/Free Cash Flow ratio is rather cheap when compared to the industry. PAGP is cheaper than 99.03% of the companies in the same industry.
Industry RankSector Rank
P/FCF 1.87
EV/EBITDA 5.18
PAGP Per share dataPAGP EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 0 50 100 150 200

4.3 Compensation for Growth

  • PAGP's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
  • PAGP's earnings are expected to grow with 17.09% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.49
PEG (5Y)N/A
EPS Next 2Y18.97%
EPS Next 3Y17.09%

7

5. Dividend

5.1 Amount

  • With a Yearly Dividend Yield of 8.06%, PAGP is a good candidate for dividend investing.
  • PAGP's Dividend Yield is rather good when compared to the industry average which is at 3.64. PAGP pays more dividend than 84.95% of the companies in the same industry.
  • PAGP's Dividend Yield is rather good when compared to the S&P500 average which is at 1.80.
Industry RankSector Rank
Dividend Yield 8.06%

5.2 History

  • The dividend of PAGP has a limited annual growth rate of 2.27%.
  • PAGP has paid a dividend for at least 10 years, which is a reliable track record.
  • PAGP has not decreased its dividend in the last 3 years.
Dividend Growth(5Y)2.27%
Div Incr Years3
Div Non Decr Years3
PAGP Yearly Dividends per sharePAGP Yearly Dividends per shareYearly Dividends per share 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2 4 6

5.3 Sustainability

  • PAGP pays out 154.84% of its income as dividend. This is not a sustainable payout ratio.
  • The dividend of PAGP is growing, but earnings are growing more, so the dividend growth is sustainable.
DP154.84%
EPS Next 2Y18.97%
EPS Next 3Y17.09%
PAGP Yearly Income VS Free CF VS DividendPAGP Yearly Income VS Free CF VS DividendYearly Income VS Free CF VS Dividend 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 500M -500M 1B 1.5B 2B
PAGP Dividend Payout.PAGP Dividend Payout, showing the Payout Ratio.PAGP Dividend Payout.PayoutRetained Earnings

PLAINS GP HOLDINGS LP-CL A

NASDAQ:PAGP (2/10/2026, 8:00:02 PM)

After market: 20.9 +0.03 (+0.14%)

20.87

+0.18 (+0.87%)

Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryOil, Gas & Consumable Fuels
Earnings (Last)02-06
Earnings (Next)05-07
Inst Owners79.17%
Inst Owner Change-0.82%
Ins Owners2.67%
Ins Owner Change-0.02%
Market Cap4.13B
Revenue(TTM)N/A
Net Income(TTM)186.00M
Analysts73
Price Target20.71 (-0.77%)
Short Float %5.63%
Short Ratio6.59
Dividend
Industry RankSector Rank
Dividend Yield 8.06%
Yearly Dividend0.32
Dividend Growth(5Y)2.27%
DP154.84%
Div Incr Years3
Div Non Decr Years3
Ex-Date01-30
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)-26.11%
Min EPS beat(2)-55.97%
Max EPS beat(2)3.75%
EPS beat(4)1
Avg EPS beat(4)-45.22%
Min EPS beat(4)-115.08%
Max EPS beat(4)3.75%
EPS beat(8)1
Avg EPS beat(8)-37.26%
EPS beat(12)3
Avg EPS beat(12)10.89%
EPS beat(16)5
Avg EPS beat(16)18.99%
Revenue beat(2)0
Avg Revenue beat(2)-10.46%
Min Revenue beat(2)-14.6%
Max Revenue beat(2)-6.32%
Revenue beat(4)0
Avg Revenue beat(4)-13.7%
Min Revenue beat(4)-17.15%
Max Revenue beat(4)-6.32%
Revenue beat(8)2
Avg Revenue beat(8)-7.6%
Revenue beat(12)2
Avg Revenue beat(12)-7.11%
Revenue beat(16)5
Avg Revenue beat(16)-2.71%
PT rev (1m)-2.48%
PT rev (3m)-2.29%
EPS NQ rev (1m)-1.36%
EPS NQ rev (3m)5.82%
EPS NY rev (1m)-3.82%
EPS NY rev (3m)-1.35%
Revenue NQ rev (1m)-0.68%
Revenue NQ rev (3m)2.11%
Revenue NY rev (1m)-1.42%
Revenue NY rev (3m)1.88%
Valuation
Industry RankSector Rank
PE 18.15
Fwd PE 13.22
P/S 0.09
P/FCF 1.87
P/OCF 1.44
P/B 3.07
P/tB N/A
EV/EBITDA 5.18
EPS(TTM)1.15
EY5.51%
EPS(NY)1.58
Fwd EY7.57%
FCF(TTM)11.18
FCFY53.56%
OCF(TTM)14.52
OCFY69.56%
SpS235.65
BVpS6.8
TBVpS-1.14
PEG (NY)0.49
PEG (5Y)N/A
Graham Number13.26
Profitability
Industry RankSector Rank
ROA 0.64%
ROE 13.83%
ROCE 6.01%
ROIC 5.17%
ROICexc 5.44%
ROICexgc 5.85%
OM 3.08%
PM (TTM) 0.4%
GM 9.23%
FCFM 4.74%
ROA(3y)0.55%
ROA(5y)-0.07%
ROE(3y)10.48%
ROE(5y)-0.69%
ROIC(3y)5.23%
ROIC(5y)4.87%
ROICexc(3y)5.29%
ROICexc(5y)4.92%
ROICexgc(3y)5.77%
ROICexgc(5y)5.34%
ROCE(3y)6.07%
ROCE(5y)5.65%
ROICexgc growth 3Y-2%
ROICexgc growth 5Y-7.01%
ROICexc growth 3Y-1.66%
ROICexc growth 5Y-5.85%
OM growth 3Y-8.29%
OM growth 5Y-14.79%
PM growth 3Y12.99%
PM growth 5Y-26.86%
GM growth 3Y2%
GM growth 5Y-6.37%
F-Score6
Asset Turnover1.59
Health
Industry RankSector Rank
Debt/Equity 6.27
Debt/FCF 4.27
Debt/EBITDA 3.53
Cap/Depr 69.36%
Cap/Sales 1.42%
Interest Coverage 3.51
Cash Conversion 120.31%
Profit Quality 1189.25%
Current Ratio 1.04
Quick Ratio 1.01
Altman-Z N/A
F-Score6
WACC6.74%
ROIC/WACC0.77
Cap/Depr(3y)53.51%
Cap/Depr(5y)63.68%
Cap/Sales(3y)1.06%
Cap/Sales(5y)1.44%
Profit Quality(3y)1354.41%
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)116.98%
EPS 3Y-17.79%
EPS 5YN/A
EPS Q2Q%440%
EPS Next Y37.29%
EPS Next 2Y18.97%
EPS Next 3Y17.09%
EPS Next 5Y12.03%
Revenue 1Y (TTM)N/A
Revenue growth 3YN/A
Revenue growth 5YN/A
Sales Q2Q%-14.81%
Revenue Next Year11.39%
Revenue Next 2Y6.3%
Revenue Next 3Y-4.16%
Revenue Next 5YN/A
EBIT growth 1Y-4.59%
EBIT growth 3Y-2.81%
EBIT growth 5Y-7.75%
EBIT Next Year71.44%
EBIT Next 3Y17.95%
EBIT Next 5Y11.14%
FCF growth 1Y47.57%
FCF growth 3Y4.06%
FCF growth 5Y8.42%
OCF growth 1Y40.42%
OCF growth 3Y7.65%
OCF growth 5Y-0.13%

PLAINS GP HOLDINGS LP-CL A / PAGP FAQ

Can you provide the ChartMill fundamental rating for PLAINS GP HOLDINGS LP-CL A?

ChartMill assigns a fundamental rating of 3 / 10 to PAGP.


Can you provide the valuation status for PLAINS GP HOLDINGS LP-CL A?

ChartMill assigns a valuation rating of 6 / 10 to PLAINS GP HOLDINGS LP-CL A (PAGP). This can be considered as Fairly Valued.


What is the profitability of PAGP stock?

PLAINS GP HOLDINGS LP-CL A (PAGP) has a profitability rating of 2 / 10.


What is the earnings growth outlook for PLAINS GP HOLDINGS LP-CL A?

The Earnings per Share (EPS) of PLAINS GP HOLDINGS LP-CL A (PAGP) is expected to grow by 37.29% in the next year.


Is the dividend of PLAINS GP HOLDINGS LP-CL A sustainable?

The dividend rating of PLAINS GP HOLDINGS LP-CL A (PAGP) is 7 / 10 and the dividend payout ratio is 154.84%.