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

USA - Nasdaq - NASDAQ:PAGP - US72651A2078

18.79 USD
+0.11 (+0.59%)
Last: 12/17/2025, 1:03:54 PM
Fundamental Rating

4

Taking everything into account, PAGP scores 4 out of 10 in our fundamental rating. PAGP was compared to 208 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 scores decently on growth, while it is valued quite cheap. This could make an interesting combination. 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.
PAGP had positive earnings in 4 of the past 5 years.
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 2015 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 65.87% of the companies in the same industry.
PAGP has a better Return On Equity (13.83%) than 76.44% of its industry peers.
With a Return On Invested Capital value of 5.17%, PAGP perfoms like the industry average, outperforming 44.23% of the companies in the same 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 21.00%.
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 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 -20 -40

1.3 Margins

With a Profit Margin value of 0.40%, PAGP is not doing good in the industry: 66.35% of the companies in the same industry are doing better.
PAGP's Profit Margin has declined 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 70.19% 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 72.60% of its industry peers.
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 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 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 5 10

3

2. Health

2.1 Basic Checks

With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), PAGP is destroying value.
PAGP has more shares outstanding than it did 1 year ago.
PAGP has less shares outstanding than it did 5 years ago.
Compared to 1 year ago, PAGP has a worse debt to assets ratio.
PAGP Yearly Shares OutstandingPAGP Yearly Shares OutstandingYearly Shares Outstanding 2015 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 2015 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.
PAGP's Debt to FCF ratio of 4.27 is fine compared to the rest of the industry. PAGP outperforms 68.27% 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.
With a Debt to Equity ratio value of 6.27, PAGP is not doing good in the industry: 91.35% 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/WACC0.66
WACC7.78%
PAGP Yearly LT Debt VS Equity VS FCFPAGP Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2015 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.
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 of 1.01. This is comparable to the rest of the industry: PAGP outperforms 52.88% 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 2015 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.
Looking at the last year, PAGP shows a decrease in Revenue. The Revenue has decreased by -7.42% in the last year.
Measured over the past years, PAGP shows a quite strong growth in Revenue. The Revenue has been growing by 8.26% on average per year.
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.
PAGP is expected to show a decrease in Revenue. In the coming years, the Revenue will decrease by -5.80% yearly.
EPS Next Y194.65%
EPS Next 2Y73.9%
EPS Next 3Y44.19%
EPS Next 5Y29.87%
Revenue Next Year-8.8%
Revenue Next 2Y-1.35%
Revenue Next 3Y-0.07%
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 2014 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 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 2031 0 1 -1 2 -2 -3

7

4. Valuation

4.1 Price/Earnings Ratio

A Price/Earnings ratio of 20.20 indicates a rather expensive 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.
PAGP is valuated rather cheaply when we compare the Price/Earnings ratio to 26.43, which is the current average of the S&P500 Index.
Based on the Price/Forward Earnings ratio of 11.72, the valuation of PAGP can be described as reasonable.
62.98% 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 23.66.
Industry RankSector Rank
PE 20.2
Fwd PE 11.72
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

Based on the Enterprise Value to EBITDA ratio, PAGP is valued a bit cheaper than 75.00% of the companies in the same industry.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of PAGP indicates a rather cheap valuation: PAGP is cheaper than 99.04% of the companies listed in the same industry.
Industry RankSector Rank
P/FCF 1.68
EV/EBITDA 5.01
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 44.19% in the coming years.
PEG (NY)0.1
PEG (5Y)N/A
EPS Next 2Y73.9%
EPS Next 3Y44.19%

7

5. Dividend

5.1 Amount

PAGP has a Yearly Dividend Yield of 8.11%, which is a nice return.
Compared to an average industry Dividend Yield of 3.83, PAGP pays a better dividend. On top of this PAGP pays more dividend than 84.13% 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 1.87.
Industry RankSector Rank
Dividend Yield 8.11%

5.2 History

The dividend of PAGP has a limited annual growth rate of 2.27%.
PAGP has paid a dividend for at least 10 years, which is 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 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2 4 6

5.3 Sustainability

PAGP pays out 154.84% of its income as dividend. 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 2Y73.9%
EPS Next 3Y44.19%
PAGP Yearly Income VS Free CF VS DividendPAGP Yearly Income VS Free CF VS DividendYearly Income VS Free CF VS Dividend 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 1B 2B
PAGP Dividend Payout.PAGP Dividend Payout, showing the Payout Ratio.PAGP Dividend Payout.PayoutRetained Earnings

PLAINS GP HOLDINGS LP-CL A

NASDAQ:PAGP (12/17/2025, 1:03:54 PM)

18.79

+0.11 (+0.59%)

Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryOil, Gas & Consumable Fuels
Earnings (Last)11-05 2025-11-05/bmo
Earnings (Next)02-05 2026-02-05/amc
Inst Owners79.33%
Inst Owner Change5.08%
Ins Owners2.67%
Ins Owner Change-0.02%
Market Cap3.72B
Revenue(TTM)46.63B
Net Income(TTM)186.00M
Analysts73
Price Target21.23 (12.99%)
Short Float %4.49%
Short Ratio6.03
Dividend
Industry RankSector Rank
Dividend Yield 8.11%
Yearly Dividend0.32
Dividend Growth(5Y)2.27%
DP154.84%
Div Incr Years3
Div Non Decr Years3
Ex-Date10-31 2025-10-31 (0.38)
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)0.2%
PT rev (3m)-1.58%
EPS NQ rev (1m)4.79%
EPS NQ rev (3m)9.53%
EPS NY rev (1m)0.6%
EPS NY rev (3m)4.24%
Revenue NQ rev (1m)0.18%
Revenue NQ rev (3m)1.36%
Revenue NY rev (1m)3.87%
Revenue NY rev (3m)6.3%
Valuation
Industry RankSector Rank
PE 20.2
Fwd PE 11.72
P/S 0.08
P/FCF 1.68
P/OCF 1.29
P/B 2.76
P/tB N/A
EV/EBITDA 5.01
EPS(TTM)0.93
EY4.95%
EPS(NY)1.6
Fwd EY8.53%
FCF(TTM)11.18
FCFY59.49%
OCF(TTM)14.52
OCFY77.27%
SpS235.65
BVpS6.8
TBVpS-1.14
PEG (NY)0.1
PEG (5Y)N/A
Graham Number11.93
Profitability
Industry RankSector Rank
ROA 0.64%
ROE 13.83%
ROCE 6.01%
ROIC 5.17%
ROICexc 5.44%
ROICexgc 5.85%
OM 3.08%
PM (TTM) 0.4%
GM 9.23%
FCFM 4.74%
ROA(3y)0.55%
ROA(5y)-0.07%
ROE(3y)10.48%
ROE(5y)-0.69%
ROIC(3y)5.23%
ROIC(5y)4.87%
ROICexc(3y)5.29%
ROICexc(5y)4.92%
ROICexgc(3y)5.77%
ROICexgc(5y)5.34%
ROCE(3y)6.07%
ROCE(5y)5.65%
ROICexgc growth 3Y-2%
ROICexgc growth 5Y-7.01%
ROICexc growth 3Y-1.66%
ROICexc growth 5Y-5.85%
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%
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
WACC7.78%
ROIC/WACC0.66
Cap/Depr(3y)53.51%
Cap/Depr(5y)63.68%
Cap/Sales(3y)1.06%
Cap/Sales(5y)1.44%
Profit Quality(3y)1354.41%
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)9.41%
EPS 3Y18.32%
EPS 5Y-23.92%
EPS Q2Q%141.18%
EPS Next Y194.65%
EPS Next 2Y73.9%
EPS Next 3Y44.19%
EPS Next 5Y29.87%
Revenue 1Y (TTM)-7.42%
Revenue growth 3Y5.97%
Revenue growth 5Y8.26%
Sales Q2Q%-9.14%
Revenue Next Year-8.8%
Revenue Next 2Y-1.35%
Revenue Next 3Y-0.07%
Revenue Next 5Y-5.8%
EBIT growth 1Y-4.59%
EBIT growth 3Y-2.81%
EBIT growth 5Y-7.75%
EBIT Next Year71.38%
EBIT Next 3Y18.52%
EBIT Next 5Y11.14%
FCF growth 1Y47.57%
FCF growth 3Y4.06%
FCF growth 5Y8.42%
OCF growth 1Y40.42%
OCF growth 3Y7.65%
OCF growth 5Y-0.13%

PLAINS GP HOLDINGS LP-CL A / PAGP FAQ

What is the fundamental rating for PAGP stock?

ChartMill assigns a fundamental rating of 4 / 10 to PAGP.


What is the valuation status for PAGP stock?

ChartMill assigns a valuation rating of 7 / 10 to PLAINS GP HOLDINGS LP-CL A (PAGP). This can be considered as Undervalued.


What is the profitability of PAGP stock?

PLAINS GP HOLDINGS LP-CL A (PAGP) has a profitability rating of 3 / 10.


What are the PE and PB ratios of PLAINS GP HOLDINGS LP-CL A (PAGP) stock?

The Price/Earnings (PE) ratio for PLAINS GP HOLDINGS LP-CL A (PAGP) is 20.2 and the Price/Book (PB) ratio is 2.76.


What is the expected EPS growth for PLAINS GP HOLDINGS LP-CL A (PAGP) stock?

The Earnings per Share (EPS) of PLAINS GP HOLDINGS LP-CL A (PAGP) is expected to grow by 194.65% in the next year.