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

NASDAQ:PAGP • US72651A2078

23.08 USD
+0.11 (+0.48%)
At close: Mar 3, 2026
23.08 USD
0 (0%)
After Hours: 3/3/2026, 8:00:02 PM
Overview Stock Chart Technical Analysis Fundamental Analysis Forecast Earnings Financials Ownership News

This PAGP fundamental analysis includes valuation metrics, fair value assessment, financial health analysis, profitability trends, growth metrics and dividend sustainability analysis.

Fundamental Rating

4

Taking everything into account, PAGP scores 4 out of 10 in our fundamental rating. PAGP was compared to 207 industry peers in the Oil, Gas & Consumable Fuels industry. Both the profitability and financial health of PAGP have multiple concerns. PAGP has a correct valuation and a medium growth rate. Finally PAGP also has an excellent dividend rating.


Dividend Valuation Growth Profitability Health

3

1. PAGP Profitability Analysis

1.1 Basic Checks

  • PAGP had positive earnings in the past year.
  • In the past year PAGP had a positive cash flow from operations.
  • In the past 5 years PAGP has always been 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 2025 0 1B 2B

1.2 Ratios

  • Looking at the Return On Assets, with a value of 0.64%, PAGP is doing worse than 66.18% of the companies in the same industry.
  • Looking at the Return On Equity, with a value of 13.83%, PAGP is in the better half of the industry, outperforming 75.36% of the companies in the same industry.
  • PAGP has a Return On Invested Capital (5.42%) which is in line with its industry peers.
Industry RankSector Rank
ROA 0.64%
ROE 13.83%
ROIC 5.42%
ROA(3y)N/A
ROA(5y)N/A
ROE(3y)N/A
ROE(5y)N/A
ROIC(3y)N/A
ROIC(5y)N/A
PAGP Yearly ROA, ROE, ROICPAGP Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 -20 -40

1.3 Margins

  • With a Profit Margin value of 0.40%, PAGP is not doing good in the industry: 65.22% of the companies in the same industry are doing better.
  • PAGP's Profit Margin has improved in the last couple of years.
  • PAGP's Operating Margin of 3.08% is on the low side compared to the rest of the industry. PAGP is outperformed by 68.12% of its industry peers.
  • PAGP's Operating Margin has declined in the last couple of years.
  • Looking at the Gross Margin, with a value of 9.23%, PAGP is doing worse than 71.50% of the companies in the same industry.
  • In the last couple of years the Gross Margin of PAGP has declined.
Industry RankSector Rank
OM 3.08%
PM (TTM) 0.4%
GM 9.23%
OM growth 3Y4.65%
OM growth 5Y-3.21%
PM growth 3Y26.1%
PM growth 5YN/A
GM growth 3Y5.99%
GM growth 5Y-6.76%
PAGP Yearly Profit, Operating, Gross MarginsPAGP Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 5 10

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ROAROEROICOperating and Profit MarginShow most profitable peers

3

2. PAGP Health Analysis

2.1 Basic Checks

  • The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so PAGP is destroying value.
  • There is no outstanding debt for PAGP. This means it has a Debt/Equity and Debt/FCF ratio of 0 and it is amongst the best of the sector and 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

  • PAGP has a debt to FCF ratio of 4.27. This is a neutral value as PAGP would need 4.27 years to pay back of all of its debts.
  • With a decent Debt to FCF ratio value of 4.27, PAGP is doing good in the industry, outperforming 68.60% of the companies in the same industry.
  • PAGP has a Debt/Equity ratio of 6.27. This is a high value indicating a heavy dependency on external financing.
  • PAGP's Debt to Equity ratio of 6.27 is on the low side compared to the rest of the industry. PAGP is outperformed by 88.89% of its industry peers.
Industry RankSector Rank
Debt/Equity 6.27
Debt/FCF 4.27
Altman-Z N/A
ROIC/WACC0.8
WACC6.78%
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.
  • Looking at the Current ratio, with a value of 1.04, PAGP is in line with its industry, outperforming 44.93% of the companies in the same industry.
  • PAGP has a Quick Ratio of 1.01. This is a normal value and indicates that PAGP is financially healthy and should not expect problems in meeting its short term obligations.
  • PAGP has a Quick ratio (1.01) which is comparable to the rest of the 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

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WACCDebt/EquityHow to determine the health of a companyAltman-Z scoreShow peers with great health

5

3. PAGP Growth Analysis

3.1 Past

  • PAGP shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 160.38%, which is quite impressive.
  • PAGP shows a very negative growth in Earnings Per Share. Measured over the last years, the EPS has been decreasing by -12.64% yearly.
  • The Revenue for PAGP has decreased by -10.54% in the past year. This is quite bad
  • PAGP shows quite a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 13.70% yearly.
EPS 1Y (TTM)160.38%
EPS 3Y-12.64%
EPS 5YN/A
EPS Q2Q%900%
Revenue 1Y (TTM)-10.54%
Revenue growth 3Y-8.27%
Revenue growth 5Y13.7%
Sales Q2Q%-14.81%

3.2 Future

  • PAGP is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 8.35% yearly.
  • PAGP is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 6.31% yearly.
EPS Next Y14.41%
EPS Next 2Y8.6%
EPS Next 3Y10.19%
EPS Next 5Y8.35%
Revenue Next Year16.85%
Revenue Next 2Y8.66%
Revenue Next 3Y6.31%
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.
  • When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
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

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5

4. PAGP Valuation Analysis

4.1 Price/Earnings Ratio

  • The Price/Earnings ratio is 16.72, which indicates a correct valuation of PAGP.
  • Compared to the rest of the industry, the Price/Earnings ratio of PAGP is on the same level as its industry peers.
  • Compared to an average S&P500 Price/Earnings ratio of 26.83, PAGP is valued a bit cheaper.
  • PAGP is valuated correctly with a Price/Forward Earnings ratio of 14.62.
  • Based on the Price/Forward Earnings ratio, PAGP is valued a bit cheaper than 64.73% of the companies in the same industry.
  • PAGP is valuated rather cheaply when we compare the Price/Forward Earnings ratio to 24.95, which is the current average of the S&P500 Index.
Industry RankSector Rank
PE 16.72
Fwd PE 14.62
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

  • 80.68% of the companies in the same industry are more expensive than PAGP, based on the Enterprise Value to EBITDA ratio.
  • Based on the Price/Free Cash Flow ratio, PAGP is valued cheaply inside the industry as 99.52% of the companies are valued more expensively.
Industry RankSector Rank
P/FCF 2.06
EV/EBITDA 5.37
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 PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
PEG (NY)1.16
PEG (5Y)N/A
EPS Next 2Y8.6%
EPS Next 3Y10.19%

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Price/EarningsPrice/FCFFCF per shareEV/EBITDAPEG RATIOShow best valued peers

7

5. PAGP Dividend Analysis

5.1 Amount

  • PAGP has a Yearly Dividend Yield of 7.52%, which is a nice return.
  • Compared to an average industry Dividend Yield of 3.47, PAGP pays a better dividend. On top of this PAGP pays more dividend than 85.02% of the companies listed in the same industry.
  • Compared to an average S&P500 Dividend Yield of 1.82, PAGP pays a better dividend.
Industry RankSector Rank
Dividend Yield 7.52%

5.2 History

  • The dividend of PAGP has a limited annual growth rate of 2.27%.
  • PAGP has been paying a dividend for at least 10 years, so it has 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

  • 154.84% of the earnings are spent on dividend by PAGP. This is not a sustainable payout ratio.
  • PAGP's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP154.84%
EPS Next 2Y8.6%
EPS Next 3Y10.19%
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 2025 0 500M -500M 1B 1.5B 2B
PAGP Dividend Payout.PAGP Dividend Payout, showing the Payout Ratio.PAGP Dividend Payout.PayoutRetained Earnings

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PAGP Fundamentals: All Metrics, Ratios and Statistics

PLAINS GP HOLDINGS LP-CL A

NASDAQ:PAGP (3/3/2026, 8:00:02 PM)

After market: 23.08 0 (0%)

23.08

+0.11 (+0.48%)

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-2.34%
Ins Owners2.67%
Ins Owner Change0%
Market Cap4.57B
Revenue(TTM)44.80B
Net Income(TTM)186.00M
Analysts72
Price Target21.26 (-7.89%)
Short Float %6.08%
Short Ratio6.33
Dividend
Industry RankSector Rank
Dividend Yield 7.52%
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)-0.65%
PT rev (3m)0.74%
EPS NQ rev (1m)-12.84%
EPS NQ rev (3m)-3.3%
EPS NY rev (1m)-4.26%
EPS NY rev (3m)-1.84%
Revenue NQ rev (1m)13.29%
Revenue NQ rev (3m)2.11%
Revenue NY rev (1m)7%
Revenue NY rev (3m)7.03%
Valuation
Industry RankSector Rank
PE 16.72
Fwd PE 14.62
P/S 0.1
P/FCF 2.06
P/OCF 1.59
P/B 3.4
P/tB N/A
EV/EBITDA 5.37
EPS(TTM)1.38
EY5.98%
EPS(NY)1.58
Fwd EY6.84%
FCF(TTM)11.18
FCFY48.43%
OCF(TTM)14.52
OCFY62.9%
SpS235.65
BVpS6.8
TBVpS-1.14
PEG (NY)1.16
PEG (5Y)N/A
Graham Number14.53
Profitability
Industry RankSector Rank
ROA 0.64%
ROE 13.83%
ROCE 6.01%
ROIC 5.42%
ROICexc 5.7%
ROICexgc 6.13%
OM 3.08%
PM (TTM) 0.4%
GM 9.23%
FCFM 4.74%
ROA(3y)N/A
ROA(5y)N/A
ROE(3y)N/A
ROE(5y)N/A
ROIC(3y)N/A
ROIC(5y)N/A
ROICexc(3y)N/A
ROICexc(5y)N/A
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)N/A
ROCE(5y)N/A
ROICexgc growth 3YN/A
ROICexgc growth 5YN/A
ROICexc growth 3YN/A
ROICexc growth 5YN/A
OM growth 3Y4.65%
OM growth 5Y-3.21%
PM growth 3Y26.1%
PM growth 5YN/A
GM growth 3Y5.99%
GM growth 5Y-6.76%
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
WACC6.78%
ROIC/WACC0.8
Cap/Depr(3y)N/A
Cap/Depr(5y)N/A
Cap/Sales(3y)N/A
Cap/Sales(5y)N/A
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)160.38%
EPS 3Y-12.64%
EPS 5YN/A
EPS Q2Q%900%
EPS Next Y14.41%
EPS Next 2Y8.6%
EPS Next 3Y10.19%
EPS Next 5Y8.35%
Revenue 1Y (TTM)-10.54%
Revenue growth 3Y-8.27%
Revenue growth 5Y13.7%
Sales Q2Q%-14.81%
Revenue Next Year16.85%
Revenue Next 2Y8.66%
Revenue Next 3Y6.31%
Revenue Next 5YN/A
EBIT growth 1Y-4.59%
EBIT growth 3Y-4%
EBIT growth 5Y10.06%
EBIT Next Year55.83%
EBIT Next 3Y17.3%
EBIT Next 5Y11.23%
FCF growth 1Y2.41%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y3.79%
OCF growth 3YN/A
OCF growth 5YN/A

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 4 / 10 to PAGP.


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

ChartMill assigns a valuation rating of 5 / 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 3 / 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 14.41% 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%.