Plains GP Holdings LP (PAGP) — Financial statements
Income statement, balance sheet, and cash flow for Plains GP Holdings LP — annual and quarterly history with growth and margin analysis.
| Metric (USD Millions) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
| Revenue & Gross Profit | ||||||
| Revenue | 44,262↓11.6% | 50,073↑2.8% | 48,712↓15.1% | 57,342↑36.3% | 42,078 | |
| Cost of Revenue | 41,587↓10.7% | 46,586↑2.2% | 45,582↓15.8% | 54,144↑37.8% | 39,281 | |
| Gross Profit | 2,675↓23.3% | 3,487↑11.4% | 3,130↓2.1% | 3,198↑14.3% | 2,797 | |
| Operating Expenses | ||||||
| R&D Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| General & Administrative Expenses | 342↓11.6% | 387↑8.7% | 356↑7.9% | 330↑10.7% | 298 | |
| Selling & Marketing Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| SG&A Expenses | 342↓11.6% | 387↑8.7% | 356↑7.9% | 330↑10.7% | 298 | |
| Other Expenses | 899↓53.4% | 1,928↑51.5% | 1,273↓19.6% | 1,584↓4.4% | 1,657 | |
| Operating Expenses | 1,247↓46.1% | 2,315↑42.1% | 1,629↓14.9% | 1,914↓2.1% | 1,955 | |
| Total Costs & Expenses | 42,834↓12.4% | 48,901↑3.6% | 47,211↓15.8% | 56,058↑35.9% | 41,236 | |
| Operating Results | ||||||
| Operating Income | 1,428↑21.8% | 1,172↓21.9% | 1,501↑16.9% | 1,284↑52.5% | 842 | |
| Depreciation & Amortization | 953↓7.1% | 1,026↓2.4% | 1,051↑8.6% | 968↑24.6% | 777 | |
| EBITDA | 2,815↑5.0% | 2,682↓12.1% | 3,051↑9.7% | 2,782↑45.4% | 1,914 | |
| EBIT | 1,862↑12.4% | 1,656↓17.2% | 2,000↑10.3% | 1,814↑59.5% | 1,137 | |
| Interest & Other Income | ||||||
| Net Interest Income | -467↓29.7% | -360↑6.7% | -386↑4.7% | -405↑4.7% | -425 | |
| Interest Income | 0.00↓100.0% | 22 | 0.00 | 0.00 | 0.00 | |
| Interest Expense | 467↑22.3% | 382↓1.0% | 386↓4.7% | 405↓4.7% | 425 | |
| Non-Operating Income | -434↑10.3% | -484↑3.0% | -499↑5.8% | -530↓79.7% | -295 | |
| Other Income / Expenses | -33↓132.4% | 102↓9.7% | 113↓9.6% | 125↑196.2% | -130 | |
| Income Before Tax | 1,395↑9.5% | 1,274↓21.1% | 1,614↑14.5% | 1,409↑97.9% | 712 | |
| Income Tax Expense | 92↓54.9% | 204↑7.9% | 189↓23.2% | 246↑119.6% | 112 | |
| Net Income & EPS | ||||||
| Net Income from Continuing Operations | 1,303↑21.8% | 1,070↓24.9% | 1,425↑22.5% | 1,163↑93.8% | 600 | |
| Net Income from Discontinued Operations | 383 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Net Income | 260↑152.4% | 103↓48.0% | 198↑17.9% | 168↑180.0% | 60 | |
| Bottom-Line Net Income | 260↑152.4% | 103↓48.0% | 198↑17.9% | 168↑180.0% | 60 | |
| EPS (Basic) | 1.31↑151.9% | 0.52↓49.0% | 1.02↑17.2% | 0.87↑180.6% | 0.31 | |
| EPS (Diluted) | 1.31↑151.9% | 0.52↓49.0% | 1.02↑17.2% | 0.87↑180.6% | 0.31 | |
| Weighted Average Shares | 198↑0.5% | 197↑1.0% | 195↑0.5% | 194↑0.0% | 194 | |
| Weighted Average Diluted Shares | 198↑0.5% | 197↑1.0% | 195↑0.5% | 194↑0.0% | 194 | |
* All figures in Millions of USD, except per share data. Growth rates calculated Year-over-Year (YoY). Data source: SEC Filings.