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

USA • Nasdaq • NASDAQ:PAGP • US72651A2078

20.37 USD
-0.45 (-2.16%)
Last: Jan 30, 2026, 02:22 PM
Fundamental Rating

4

Overall PAGP gets a fundamental rating of 4 out of 10. We evaluated PAGP against 207 industry peers in the Oil, Gas & Consumable Fuels industry. PAGP has a bad profitability rating. Also its financial health evaluation is rather negative. PAGP has a correct valuation and a medium growth rate. PAGP also has an excellent dividend rating.


Dividend Valuation Growth Profitability Health

3

1. Profitability

1.1 Basic Checks

  • PAGP had positive earnings in the past year.
  • PAGP had a positive operating cash flow in the past year.
  • Of the past 5 years PAGP 4 years were profitable.
  • Each year in the past 5 years PAGP had a positive operating cash flow.
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

  • Looking at the Return On Assets, with a value of 0.64%, PAGP is doing worse than 65.70% of the companies in the same industry.
  • PAGP has a Return On Equity of 13.83%. This is in the better half of the industry: PAGP outperforms 76.33% of its industry peers.
  • PAGP has a Return On Invested Capital (5.17%) which is comparable to the rest of the industry.
  • PAGP had an Average Return On Invested Capital over the past 3 years of 5.23%. This is significantly below the industry average of 21.94%.
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 66.18% of its industry peers.
  • In the last couple of years the Profit Margin of PAGP has declined.
  • PAGP has a worse Operating Margin (3.08%) than 68.60% of its industry peers.
  • PAGP's Operating Margin has declined in the last couple of years.
  • PAGP's Gross Margin of 9.23% is on the low side compared to the rest of the industry. PAGP is outperformed by 71.01% 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 more shares outstanding than it did 1 year ago.
  • Compared to 5 years ago, PAGP has less shares outstanding
  • The debt/assets ratio for PAGP is higher compared to a year ago.
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.
  • With a decent Debt to FCF ratio value of 4.27, PAGP is doing good in the industry, outperforming 67.63% 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 has a Debt to Equity ratio of 6.27. This is amonst the worse of the industry: PAGP underperforms 89.37% of its industry peers.
Industry RankSector Rank
Debt/Equity 6.27
Debt/FCF 4.27
Altman-Z N/A
ROIC/WACC0.65
WACC7.98%
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.
  • With a Current ratio value of 1.04, PAGP perfoms like the industry average, outperforming 45.41% of the companies in the same industry.
  • A Quick Ratio of 1.01 indicates that PAGP should not have too much problems paying its short term obligations.
  • PAGP's Quick ratio of 1.01 is in line compared to the rest of the industry. PAGP outperforms 52.17% of its industry peers.
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

4

3. Growth

3.1 Past

  • PAGP shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 9.41%, which is quite good.
  • Measured over the past years, PAGP shows a very negative growth in Earnings Per Share. The EPS has been decreasing by -23.92% on average per year.
  • PAGP shows a decrease in Revenue. In the last year, the revenue decreased by -7.42%.
  • PAGP shows quite a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 8.26% yearly.
EPS 1Y (TTM)9.41%
EPS 3Y18.32%
EPS 5Y-23.92%
EPS Q2Q%141.18%
Revenue 1Y (TTM)-7.42%
Revenue growth 3Y5.97%
Revenue growth 5Y8.26%
Sales Q2Q%-9.14%

3.2 Future

  • Based on estimates for the next years, PAGP will show a very strong growth in Earnings Per Share. The EPS will grow by 29.87% on average per year.
  • The Revenue is expected to decrease by -5.80% on average over the next years.
EPS Next Y202.15%
EPS Next 2Y76.39%
EPS Next 3Y45.35%
EPS Next 5Y29.87%
Revenue Next Year-12.15%
Revenue Next 2Y-1.16%
Revenue Next 3Y0.17%
Revenue Next 5Y-5.8%

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

6

4. Valuation

4.1 Price/Earnings Ratio

  • PAGP is valuated rather expensively with a Price/Earnings ratio of 21.90.
  • PAGP's Price/Earnings ratio is in line with the industry average.
  • Compared to an average S&P500 Price/Earnings ratio of 28.39, PAGP is valued a bit cheaper.
  • Based on the Price/Forward Earnings ratio of 12.35, the valuation of PAGP can be described as correct.
  • 67.63% of the companies in the same industry are more expensive than PAGP, based on the Price/Forward Earnings ratio.
  • When comparing the Price/Forward Earnings ratio of PAGP to the average of the S&P500 Index (25.72), we can say PAGP is valued rather cheaply.
Industry RankSector Rank
PE 21.9
Fwd PE 12.35
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

  • 77.29% of the companies in the same industry are more expensive than PAGP, based on the Enterprise Value to EBITDA ratio.
  • 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 1.82
EV/EBITDA 5.19
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.
  • A more expensive valuation may be justified as PAGP's earnings are expected to grow with 45.35% in the coming years.
PEG (NY)0.11
PEG (5Y)N/A
EPS Next 2Y76.39%
EPS Next 3Y45.35%

7

5. Dividend

5.1 Amount

  • With a Yearly Dividend Yield of 8.22%, PAGP is a good candidate for dividend investing.
  • PAGP's Dividend Yield is rather good when compared to the industry average which is at 3.73. PAGP pays more dividend than 85.02% of the companies in the same industry.
  • PAGP's Dividend Yield is rather good when compared to the S&P500 average which is at 1.82.
Industry RankSector Rank
Dividend Yield 8.22%

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

  • PAGP pays out 154.84% of its income as dividend. 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 2Y76.39%
EPS Next 3Y45.35%
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 / 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 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 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 202.15% 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%.