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

USA • Nasdaq • NASDAQ:PAGP • US72651A2078

20.48 USD
-0.34 (-1.63%)
At close: Jan 30, 2026
20.42 USD
-0.06 (-0.29%)
After Hours: 1/30/2026, 8:12:09 PM
Fundamental Rating

4

PAGP gets a fundamental rating of 4 out of 10. The analysis compared the fundamentals 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 is not valued too expensively and it also shows a decent growth rate. Finally 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.
  • PAGP had a positive operating cash flow in the past year.
  • PAGP had positive earnings in 4 of the past 5 years.
  • In the past 5 years PAGP always reported a positive cash flow from operatings.
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 has a worse Return On Assets (0.64%) than 65.70% of its industry peers.
  • PAGP has a better Return On Equity (13.83%) than 76.33% of its industry peers.
  • Looking at the Return On Invested Capital, with a value of 5.17%, PAGP is in line with its industry, outperforming 45.41% of the companies in the same industry.
  • Measured over the past 3 years, the Average Return On Invested Capital for PAGP 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

  • Looking at the Profit Margin, with a value of 0.40%, PAGP is doing worse than 66.18% of the companies in the same industry.
  • 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.
  • In the last couple of years the Operating Margin of PAGP has declined.
  • With a Gross Margin value of 9.23%, PAGP is not doing good in the industry: 71.01% of the companies in the same industry are doing better.
  • 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.
  • Compared to 1 year ago, PAGP has more shares outstanding
  • Compared to 5 years ago, PAGP has less shares outstanding
  • PAGP has a worse debt/assets ratio than last year.
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 67.63% of the companies in the same industry.
  • A Debt/Equity ratio of 6.27 is on the high side and indicates that PAGP has dependencies on debt financing.
  • With a Debt to Equity ratio value of 6.27, PAGP is not doing good in the industry: 89.37% of the companies in the same industry are doing better.
Industry RankSector Rank
Debt/Equity 6.27
Debt/FCF 4.27
Altman-Z N/A
ROIC/WACC0.65
WACC7.99%
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's Current ratio of 1.04 is in line compared to the rest of the industry. PAGP outperforms 45.41% 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 52.17% 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

4

3. Growth

3.1 Past

  • The Earnings Per Share has grown by an nice 9.41% over the past year.
  • 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%.
  • The Revenue has been growing by 8.26% on average over the past years. This is quite good.
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

  • PAGP is expected to show a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 29.87% yearly.
  • 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

  • When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
  • 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

  • Based on the Price/Earnings ratio of 22.02, the valuation of PAGP can be described as rather expensive.
  • PAGP's Price/Earnings is on the same level as the industry average.
  • PAGP's Price/Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 28.30.
  • PAGP is valuated correctly with a Price/Forward Earnings ratio of 12.42.
  • 67.63% of the companies in the same industry are more expensive than PAGP, based on the Price/Forward Earnings ratio.
  • PAGP's Price/Forward Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 25.57.
Industry RankSector Rank
PE 22.02
Fwd PE 12.42
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 77.29% of the companies listed in the same industry.
  • Based on the Price/Free Cash Flow ratio, PAGP is valued cheaply inside the industry as 99.03% of the companies are valued more expensively.
Industry RankSector Rank
P/FCF 1.83
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

  • The 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

  • PAGP has a Yearly Dividend Yield of 8.02%, which is a nice return.
  • PAGP's Dividend Yield is rather good when compared to the industry average which is at 3.64. 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 1.83.
Industry RankSector Rank
Dividend Yield 8.02%

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.
  • The dividend of PAGP is growing, but earnings are growing more, so the dividend growth is 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%.