PAGP · XBRL financial data
Plains GP Holdings financial statements, every fiscal year
The same tables from 6 filings, lined up. Matched by XBRL tag: renamed lines keep their history.
How these numbers work
- Every number comes from the company's XBRL financial data filed with the SEC, and each one links to its filing.
- Lines are matched by XBRL tag, so a line renamed between filings keeps its history.
- * marks a quarter worked out from the filing totals: the 10-K year minus the first three quarters, or a year-to-date total minus the earlier one. Fourth-quarter earnings per share is fourth-quarter net income over the fourth-quarter weighted shares.
- 0 means a filing states zero; a dash (—) means no filing states that number.
- “year only” means the 10-K gives the full year but not the quarters needed to work out the fourth. A worked-out quarter of revenue, cost of revenue or operating cash flow more than twice the company's largest quarter of the two years before is shown this way too.
- Gross profit is shown as the company reports it; a worked-out quarter must equal revenue less cost of revenue for that quarter, or it is a dash.
- Operating income can be above gross profit when the company books other operating income between the two, shown on its own line.
- Shares outstanding come from each filing's cover page, as of the date printed there.
- Quarters are fiscal: Q2 FY27 is the second quarter of the company's fiscal 2027.
Income statement
CSVFiscal years (PAGP's year ends in late December)
| In millions of dollars | Dec 31, 2020 | Dec 31, 2021 | Dec 31, 2022 | Dec 31, 2023 | Dec 31, 2024 | Dec 31, 2025 |
|---|---|---|---|---|---|---|
| Revenue | 23,290 | 42,078 | 57,342 | 48,712 | 50,073 | 44,262 |
| Cost of goods and services sold | 20,431 | 38,504 | 53,176 | 44,531 | 45,560 | 40,433 |
| General and administrative | 276 | 298 | 330 | 356 | 387 | 348 |
| Operating income (loss) | (2,383) | 842 | 1,284 | 1,501 | 1,172 | 1,428 |
| Interest expense | 436 | 425 | 405 | 386 | 382 | 467 |
| Other income (expense) | 39 | 19 | (219) | 102 | 17 | 21 |
| Income tax expense (benefit) | (167) | 112 | 246 | 189 | 204 | 92 |
| Net income (loss) | (568) | 60 | 168 | 198 | 103 | 260 |
Balance sheet
CSVFiscal years (PAGP's year ends in late December)
| In millions of dollars | Dec 31, 2020 | Dec 31, 2021 | Dec 31, 2022 | Dec 31, 2023 | Dec 31, 2024 | Dec 31, 2025 |
|---|---|---|---|---|---|---|
| Cash and cash equivalents | 25 | 452 | 404 | 453 | 349 | 329 |
| Inventory | 647 | 783 | 729 | 548 | 439 | 211 |
| Total current assets | 3,668 | 6,140 | 5,358 | 4,916 | 4,776 | 4,704 |
| Property and equipment, net | 14,620 | — | — | — | — | — |
| Right-of-use asset | 378 | 393 | 349 | 313 | 332 | 198 |
| Goodwill | 0 | — | — | — | — | — |
| Total assets | 25,951 | 29,978 | 29,207 | 28,597 | 27,756 | 31,276 |
| Total current liabilities | 4,255 | 6,234 | 5,893 | 5,005 | 4,924 | 4,902 |
| Lease liability, non-current | 317 | 339 | 308 | 274 | 313 | 202 |
| Total liabilities and equity | 25,951 | 29,978 | 29,207 | 28,597 | 27,756 | 31,276 |
| Common shares outstanding (cover page) millions of shares | 194 | 194 | 194 | 197 | 198 | 198 |
Cash flows
CSVFiscal years (PAGP's year ends in late December)
| In millions of dollars | Dec 31, 2020 | Dec 31, 2021 | Dec 31, 2022 | Dec 31, 2023 | Dec 31, 2024 | Dec 31, 2025 |
|---|---|---|---|---|---|---|
| Net income (loss) | (568) | 60 | 168 | 198 | 103 | 260 |
| Depreciation and amortization | 656 | 777 | 968 | 1,051 | 1,026 | 953 |
| Net cash from operating activities | 1,510 | 1,991 | 2,404 | 2,722 | 2,484 | 2,931 |
| Purchases of property and equipment | 738 | 336 | 455 | 559 | 619 | 643 |
| Net cash from investing activities | (1,093) | 386 | (526) | (702) | (875) | (3,439) |
| Share repurchases | — | — | — | — | 0 | 8 |
| Net cash from financing activities | (430) | (1,979) | (1,927) | (1,971) | (1,702) | 474 |
| Net change in cash | (21) | 393 | (52) | 49 | (104) | (20) |
Compare with peers
SIC 4610 and related industry codes, similar size. Each row is the latest quarter reported.
How peers are chosen
- SIC 4610 and related industry codes with public float (or, where float is missing, quarterly revenue) between 0.2x and 5x the company's.
- Each row is the latest quarter the company has reported, named in the Quarter column; when that filing is a 10-K, it is the fourth quarter, never the full year.
- * marks a quarter worked out from the filing totals: for a 10-Q, the year-to-date total less the earlier one.
| Company | Cash ($M) | Revenue, quarter ($M) | Operating cash flow, quarter ($M) | Shares outstanding | Quarter |
|---|---|---|---|---|---|
| Plains GP Holdings | 1,060 | 17,693 | 952* | 197.9M | 10-QJun 30, 2026 |
| Genesis Energy | 39 | 532 | 181* | not reported | 10-QJun 30, 2026 |
| HF Sinclair | 3,333 | 10,857 | 1,784* | 171.4M | 10-QSep 30, 2026 |
| Plains All American Pipeline | 1,059 | 17,693 | 955* | 705.6M | 10-QJun 30, 2026 |
| Delek Logistics Partners | 14 | 385 | 71* | 53.2M | 10-QJun 30, 2026 |
Not investment advice. Not affiliated with the U.S. SEC.