Plains GP Holdings, L.P. (PAGP) Earnings History
Annual and quarterly earnings data from 2011 to 2024
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PAGP EPS Growth (CAGR)
Compound annual growth rate of diluted earnings per share
CAGR (Compound Annual Growth Rate) shows the annualized growth rate of EPS over the specified period. A higher CAGR indicates stronger earnings momentum.
PAGP Profitability Analysis
Margin trends over time
| Year | Gross Margin | Operating Margin | Net Margin |
|---|---|---|---|
| 2024 | 7.0% | 2.3% | 0.2% |
| 2023 | 6.4% | 3.1% | 0.4% |
| 2022 | 5.6% | 2.2% | 0.3% |
| 2021 | 6.6% | 2.0% | 0.1% |
| 2020 | 9.5% | -10.2% | -2.4% |
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Plains GP Holdings, L.P. (PAGP) Earnings Overview
As of May 8, 2026, Plains GP Holdings, L.P. (PAGP) reported trailing twelve-month net income of $539M, reflecting -49.0% year-over-year growth. The company earned $0.76 per diluted share over the past four quarters, with a net profit margin of 0.2%.
Looking at the long-term picture, PAGP's 5-year EPS compound annual growth rate (CAGR) stands at -46.7%, signaling declining earnings. The company achieved its highest annual net income of $334M in fiscal 2018.
Plains GP Holdings, L.P. maintains positive profitability with a gross margin of 7.0%, operating margin of 2.3%, and net margin of 0.2%. The company continues to generate positive earnings from operations. View revenue history →
Compared to peers including PAA ($1.44B net income, 1.5% margin), EPD ($5.80B net income, 11.1% margin), ET ($5.55B net income, 5.9% margin), PAGP has room to improve margins relative to the peer group. Compare PAGP vs PAA →
PAGP Earnings vs Peers
Earnings metrics vs comparable public companies
PAGP Historical Earnings Data (2011–2024)
14 years| Fiscal Year | Net Income | YoY % | Operating Income | EPS (Diluted) | Net Margin | Op. Margin |
|---|---|---|---|---|---|---|
| 2024 | $103M | -48.0% | $1.17B | $0.52 | 0.2% | 2.3% |
| 2023 | $198M | +17.9% | $1.50B | $1.02 | 0.4% | 3.1% |
| 2022 | $168M | +180.0% | $1.28B | $0.87 | 0.3% | 2.2% |
| 2021 | $60M | +110.6% | $842M | $0.31 | 0.1% | 2.0% |
| 2020 | -$568M | -271.6% | -$2.38B | $-3.07 | -2.4% | -10.2% |
| 2019 | $331M | -0.9% | $1.98B | $12.13 | 1.0% | 5.9% |
| 2018 | $334M | +145.7% | $2.27B | $2.11 | 1.0% | 6.7% |
| 2017 | -$731M | -877.7% | $1.15B | $-5.04 | -2.8% | 4.4% |
| 2016 | $94M | -20.3% | $990M | $0.94 | 0.5% | 4.9% |
| 2015 | $118M | +68.6% | $1.26B | $1.41 | 0.5% | 5.4% |
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Start ComparisonPAGP — Frequently Asked Questions
Quick answers to the most common questions about buying PAGP stock.
Is PAGP growing earnings?
PAGP EPS fell to $0.76, with earnings declining -49.0%. This contrasts with the 5-year CAGR of -46.7%. TTM net income dropped to $539M.
What are PAGP's profit margins?
Plains GP Holdings, L.P. net margin is +0.2%, with operating margin at +2.3%. Below-average margins reflect competitive or cost pressures.
How consistent are PAGP's earnings?
PAGP earnings data spans 2011-2024. The declining earnings trend is -49.0% YoY. Historical data enables comparison across business cycles.