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

NASDAQ:PAGP • US72651A2078

22.27 USD
+0.19 (+0.86%)
At close: Feb 20, 2026
22.27 USD
0 (0%)
After Hours: 2/20/2026, 8:00:01 PM
Fundamental Rating

4

PAGP gets a fundamental rating of 4 out of 10. The analysis compared the fundamentals against 206 industry peers in the Oil, Gas & Consumable Fuels industry. PAGP may be in some trouble as it scores bad on both profitability and health. PAGP has a decent growth rate and is not valued too expensively. PAGP also has an excellent dividend rating.


Dividend Valuation Growth Profitability Health

3

1. Profitability

1.1 Basic Checks

  • In the past year PAGP was profitable.
  • In the past year PAGP had a positive cash flow from operations.
  • PAGP had positive earnings in each of the past 5 years.
  • Of the past 5 years PAGP 4 years 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 2025 0 1B 2B

1.2 Ratios

  • PAGP has a Return On Assets of 0.64%. This is in the lower half of the industry: PAGP underperforms 66.02% 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's Return On Invested Capital of 5.42% is in line compared to the rest of the industry. PAGP outperforms 48.06% of 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

  • The Profit Margin of PAGP (0.40%) is worse than 65.53% of its industry peers.
  • PAGP's Profit Margin has improved in the last couple of years.
  • PAGP has a Operating Margin of 3.08%. This is in the lower half of the industry: PAGP underperforms 67.96% of its industry peers.
  • In the last couple of years the Operating Margin of PAGP has declined.
  • 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 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

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

  • 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.
  • PAGP has a better Debt to FCF ratio (4.27) than 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.
  • Looking at the Debt to Equity ratio, with a value of 6.27, PAGP is doing worse than 89.32% of the companies in the same industry.
Industry RankSector Rank
Debt/Equity 6.27
Debt/FCF 4.27
Altman-Z N/A
ROIC/WACC0.79
WACC6.9%
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.
  • The Current ratio of PAGP (1.04) is comparable to the rest of the industry.
  • A Quick Ratio of 1.01 indicates that PAGP should not have too much problems paying its short term obligations.
  • PAGP has a Quick ratio (1.01) which is in line with 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

5

3. Growth

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.
  • The earnings per share for PAGP have been decreasing by -12.64% on average. This is quite bad
  • Looking at the last year, PAGP shows a very negative growth in Revenue. The Revenue has decreased by -10.54% in the last year.
  • The Revenue has been growing by 13.70% on average over the past years. This is quite good.
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

5

4. Valuation

4.1 Price/Earnings Ratio

  • PAGP is valuated correctly with a Price/Earnings ratio of 16.14.
  • PAGP's Price/Earnings is on the same level as the industry average.
  • When comparing the Price/Earnings ratio of PAGP to the average of the S&P500 Index (26.99), we can say PAGP is valued slightly cheaper.
  • The Price/Forward Earnings ratio is 14.11, which indicates a correct valuation of PAGP.
  • PAGP's Price/Forward Earnings ratio is a bit cheaper when compared to the industry. PAGP is cheaper than 64.08% of the companies in the same industry.
  • Compared to an average S&P500 Price/Forward Earnings ratio of 28.06, PAGP is valued a bit cheaper.
Industry RankSector Rank
PE 16.14
Fwd PE 14.11
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

  • 80.58% 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 99.51% of the companies in the same industry.
Industry RankSector Rank
P/FCF 1.99
EV/EBITDA 5.31
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

  • The PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
PEG (NY)1.12
PEG (5Y)N/A
EPS Next 2Y8.6%
EPS Next 3Y10.19%

7

5. Dividend

5.1 Amount

  • With a Yearly Dividend Yield of 7.56%, PAGP is a good candidate for dividend investing.
  • Compared to an average industry Dividend Yield of 3.52, PAGP pays a better dividend. On top of this PAGP pays more dividend than 83.50% of the companies listed in the same industry.
  • PAGP's Dividend Yield is rather good when compared to the S&P500 average which is at 1.81.
Industry RankSector Rank
Dividend Yield 7.56%

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 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

PLAINS GP HOLDINGS LP-CL A

NASDAQ:PAGP (2/20/2026, 8:00:01 PM)

After market: 22.27 0 (0%)

22.27

+0.19 (+0.86%)

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-2.39%
Ins Owners2.67%
Ins Owner Change0%
Market Cap4.41B
Revenue(TTM)44.80B
Net Income(TTM)186.00M
Analysts72
Price Target20.71 (-7%)
Short Float %5.81%
Short Ratio6.28
Dividend
Industry RankSector Rank
Dividend Yield 7.56%
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)-3.25%
PT rev (3m)-1.89%
EPS NQ rev (1m)-13.81%
EPS NQ rev (3m)-3.3%
EPS NY rev (1m)-4.26%
EPS NY rev (3m)-1.84%
Revenue NQ rev (1m)14.19%
Revenue NQ rev (3m)2.11%
Revenue NY rev (1m)7%
Revenue NY rev (3m)7.03%
Valuation
Industry RankSector Rank
PE 16.14
Fwd PE 14.11
P/S 0.09
P/FCF 1.99
P/OCF 1.53
P/B 3.28
P/tB N/A
EV/EBITDA 5.31
EPS(TTM)1.38
EY6.2%
EPS(NY)1.58
Fwd EY7.09%
FCF(TTM)11.18
FCFY50.19%
OCF(TTM)14.52
OCFY65.19%
SpS235.65
BVpS6.8
TBVpS-1.14
PEG (NY)1.12
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
WACC6.9%
ROIC/WACC0.79
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 Year51.03%
EBIT Next 3Y14.97%
EBIT Next 5Y10.87%
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%.