Plains Gp Holdings Lp annual operating margin
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2025
Plains Gp Holdings Lp Operating Margin Growth & History (PAGP)
Plains Gp Holdings Lp's operating margin was 3.23% for fiscal 2025.
View full Plains Gp Holdings Lp company overviewPlains Gp Holdings Lp annual operating margin history
| Fiscal year | Period ended | Operating margin | Change (percentage points) |
|---|---|---|---|
| 2025 | 2025-12-31 | 3.23% | +1.46 pp |
| 2024 | 2024-12-31 | 1.76% | −0.88 pp |
| 2023 | 2023-12-31 | 2.64% | +0.40 pp |
| 2022 | 2022-12-31 | 2.24% | +0.24 pp |
| 2021 | 2021-12-31 | 2.00% | +12.23 pp |
| 2020 | 2020-12-31 | −10.23% | −16.11 pp |
| 2019 | 2019-12-31 | 5.88% | −0.79 pp |
| 2018 | 2018-12-31 | 6.67% | +2.30 pp |
| 2017 | 2017-12-31 | 4.37% | −0.53 pp |
| 2016 | 2016-12-31 | 4.91% | −0.53 pp |
| 2015 | 2015-12-31 | 5.43% | +1.31 pp |
| 2014 | 2014-12-31 | 4.12% | +0.02 pp |
| 2013 | 2013-12-31 | 4.10% | +0.34 pp |
| 2012 | 2012-12-31 | 3.77% | −0.02 pp |
| 2011 | 2011-12-31 | 3.78% | — |
Plains Gp Holdings Lp quarterly operating margin
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Q2.26
| Fiscal quarter | Period ended | Operating margin | Change (percentage points) |
|---|---|---|---|
| Q2 2026 | 2026-06-30 | 2.24% | +0.02 pp |
| Q1 2026 | 2026-03-31 | 3.23% | +0.14 pp |
| Q4 2025 | 2025-12-31 | 3.34% | +3.62 pp |
| Q3 2025 | 2025-09-30 | 4.17% | +2.61 pp |
| Q2 2025 | 2025-06-30 | 2.23% | −0.36 pp |
| Q1 2025 | 2025-03-31 | 3.09% | +0.02 pp |
| Q4 2024 | 2024-12-31 | −0.27% | −1.78 pp |
| Q3 2024 | 2024-09-30 | 1.57% | −0.36 pp |
| Q2 2024 | 2024-06-30 | 2.59% | −0.65 pp |
| Q1 2024 | 2024-03-31 | 3.08% | −0.74 pp |
| Q4 2023 | 2023-12-31 | 1.51% | +1.81 pp |
| Q3 2023 | 2023-09-30 | 1.92% | −2.43 pp |
| Q2 2023 | 2023-06-30 | 3.23% | +0.74 pp |
| Q1 2023 | 2023-03-31 | 3.82% | +1.69 pp |
| Q4 2022 | 2022-12-31 | −0.30% | −4.90 pp |
| Q3 2022 | 2022-09-30 | 4.35% | +4.72 pp |
| Q2 2022 | 2022-06-30 | 2.49% | +4.90 pp |
| Q1 2022 | 2022-03-31 | 2.13% | −4.13 pp |
| Q4 2021 | 2021-12-31 | 4.60% | +5.72 pp |
| Q3 2021 | 2021-09-30 | −0.37% | −4.67 pp |
| Q2 2021 | 2021-06-30 | −2.41% | −8.86 pp |
| Q1 2021 | 2021-03-31 | 6.25% | +39.81 pp |
| Q4 2020 | 2020-12-31 | −1.12% | −4.71 pp |
| Q3 2020 | 2020-09-30 | 4.30% | −1.91 pp |
| Q2 2020 | 2020-06-30 | 6.45% | +1.01 pp |
| Q1 2020 | 2020-03-31 | −33.56% | −42.07 pp |
| Q4 2019 | 2019-12-31 | 3.58% | −11.37 pp |
| Q3 2019 | 2019-09-30 | 6.21% | +0.62 pp |
| Q2 2019 | 2019-06-30 | 5.44% | +4.38 pp |
| Q1 2019 | 2019-03-31 | 8.51% | +3.99 pp |
| Q4 2018 | 2018-12-31 | 14.96% | +11.55 pp |
| Q3 2018 | 2018-09-30 | 5.60% | +4.86 pp |
| Q2 2018 | 2018-06-30 | 1.06% | −3.15 pp |
| Q1 2018 | 2018-03-31 | 4.52% | −4.31 pp |
| Q4 2017 | 2017-12-31 | 3.41% | −0.22 pp |
| Q3 2017 | 2017-09-30 | 0.73% | −6.00 pp |
| Q2 2017 | 2017-06-30 | 4.21% | +1.28 pp |
| Q1 2017 | 2017-03-31 | 8.83% | +2.00 pp |
| Q4 2016 | 2016-12-31 | 3.63% | −3.26 pp |
| Q3 2016 | 2016-09-30 | 6.73% | +0.71 pp |
| Q2 2016 | 2016-06-30 | 2.93% | −0.22 pp |
| Q1 2016 | 2016-03-31 | 6.84% | +0.61 pp |
| Q4 2015 | 2015-12-31 | 6.89% | +1.26 pp |
| Q3 2015 | 2015-09-30 | 6.02% | +2.40 pp |
| Q2 2015 | 2015-06-30 | 3.15% | −0.10 pp |
| Q1 2015 | 2015-03-31 | 6.23% | +2.02 pp |
| Q4 2014 | 2014-12-31 | 5.62% | +1.86 pp |
| Q3 2014 | 2014-09-30 | 3.62% | +0.86 pp |
| Q2 2014 | 2014-06-30 | 3.25% | −0.47 pp |
| Q1 2014 | 2014-03-31 | 4.21% | −1.96 pp |
| Q4 2013 | 2013-12-31 | 3.76% | — |
| Q3 2013 | 2013-09-30 | 2.77% | — |
| Q2 2013 | 2013-06-30 | 3.72% | — |
| Q1 2013 | 2013-03-31 | 6.17% | — |
Plains Gp Holdings Lp operating margin trends
Over the last five reported fiscal years, Plains Gp Holdings Lp's operating margin increased from −10.23% to 3.23%, a change of +13.46 percentage points. The latest reported quarter, Q2 2026, shows 2.24%.
About the metric
What operating margin means
Operating margin measures the percentage of revenue left after operating costs and expenses. It shows how much operating profit a company generates from each dollar of revenue.
Calculation and source
How operating margin is calculated
TickerStat calculates operating margin as SEC-reported operating income divided by SEC-reported revenue for the same fiscal period. Changes are shown in percentage points. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review Plains Gp Holdings Lp filings at SEC.gov ↗