profit from every $100 of sales.
$0$100
Plains GP Holdings, L.P.
$25.91+1.57% today
+46.9% in 1 year
1-year low $17.451-year high $28.87
Trading in the middle of its range for the past year.
The essentials
Four questions every investor asks, answered in one line each.
more sales each year, on average, 2020 to 2025.
0%20% a year
You pay $23.22 for every $1 of profit it makes in a year.
CheapExpensive
of earnings would pay off all its debt.
No debt5 years
Money in, money out
What Plains GP Holdings, L.P. sold, what it kept, and what it did with the cash.
Sales went from $57.3 billion in 2022 to $44.3 billion in 2025, with $260 million of profit last year.
SalesProfit
Plains GP Holdings, L.P. handed back 28% of the cash it generated last year.
Buybacks $341M$301M
Free cash flow 2025$2.3B
Bought back its own shares$341M
Paid as dividends$301M
Cash vs. debt$329M vs. $11.5B
Plains GP Holdings, L.P. vs. similar companies
Plains GP Holdings, L.P. grows in the middle of these 5 and is priced in the middle for its profits.
| Company | Profit from $100 of sales | Sales growth a year | Price per $1 of profit |
|---|---|---|---|
| Plains GP Holdings, L.P. | 23.2× · Fair price | ||
 Enbridge | 20.3× · Fair price | ||
 The Williams Companies | 32.9× · Expensive | ||
 Enterprise Products Partners L.P. | 13.8× · Cheap | ||
 Kinder Morgan | 23.0× · Fair price |
AI analysis
An AI analyst reads Plains GP Holdings, L.P.'s last five years, its segments, earnings, insiders and peers, and writes the bull case, the bear case and what the price expects.
Run the AI analysisFull statementsIncome, balance sheet and cash flow, year by year
Income statement
| In millions of USD | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| 23,290 | 42,078 | 57,342 | 47,336 | 48,889 | 44,262 | |
| – | – | 3,198 | 2,487 | 2,826 | 2,876 | |
| -2,383 | 842 | 1,553 | 1,097 | 1,021 | 1,374 | |
| -1,515 | 1,914 | 2,782 | 2,660 | 2,246 | 2,815 | |
| -568 | 60 | 168 | 198 | 103 | 260 | |
| – | – | 0.86 | 1.00 | 0.73 | 1.66 | |
| – | – | 5.6% | 5.3% | 5.8% | 6.5% | |
| -10.2% | 2.0% | 2.7% | 2.3% | 2.1% | 3.1% | |
| -2.4% | 0.1% | 0.3% | 0.4% | 0.2% | 0.6% |
Balance sheet
| In millions of USD | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| Total assets | 25,951 | 29,978 | 29,207 | 28,597 | 27,756 | 31,276 |
| Cash | 25 | 452 | 404 | 453 | 349 | 329 |
| Total debt | 10,608 | 9,636 | 8,754 | 8,025 | 7,810 | 11,461 |
| Total liabilities | – | – | 14,569 | 13,625 | 13,440 | 17,060 |
| – | – | 0 | 0 | 0 | 0 | |
| – | – | 194 | 239 | 197 | 704 | |
| – | – | 16.4% | 17.2% | 13.6% | 12.8% | |
| – | – | – | – | – | – |
Cash flow
| In millions of USD | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| 1,510 | 1,991 | 2,404 | 2,722 | 2,484 | 2,931 | |
| 738 | 336 | 539 | 418 | 469 | 670 | |
| 772 | 1,655 | 1,865 | 2,304 | 2,015 | 2,261 | |
| Dividends paid | – | – | 162 | 209 | 251 | 301 |
| – | – | 74 | 0 | 0 | 341 | |
| 16 | 24 | 41 | 51 | 52 | 50 |
Valuation
- 23.2×
- 13.7×
- –
- 3.9×
- 0.1×
- 2.7×
- 6.1×
- 37.5%
- 4.3%
- 6.4%
Profitability
- 6.5%
- 3.1%
- 0.6%
- 5.8%
- 5.1%
- 1.5%
- 14.7%
- 0.6%
- 5.4%
- –
Growth
- +13.7%
- –
- +24.1%
- +11.1%
- +0.5%
Financial health
- 4.3×
- 9.09
- 35.3%
- 7.4×
- 0.94
- 0.88
- 1.38
How it ranks in Energy
Each dot is where the company stands among every company over $300M in the sector. Further right is better.
Bottom 33%of 467
Bottom 18%of 466
Bottom 32%of 386
Top 22%of 460
Top 2%of 459
What analysts expect
- Average price target
- $22.75
- Range
- $21.00 – $25.00
- 2 analysts
These targets were collected on May 20, 2026 and our analyst feed has not updated since, so we no longer compare them with today's price.
Recent earnings
Our results feed has not updated since May 21, 2026. Results reported after that are not in this table yet.
| Date | EPS | Expected | Surprise |
|---|---|---|---|
| May 8, 2026 | 0.24 | 0.48 | −50.0% |
| Feb 6, 2026 | 0.17 | 0.50 | −66.0% |
| Nov 5, 2025 | 0.31 | 0.42 | −26.2% |
| Aug 8, 2025 | 0.05 | 0.44 | −88.6% |
| May 9, 2025 | 0.42 | 0.41 | +2.4% |
| Feb 7, 2025 | -0.05 | 0.35 | −114.3% |
| Nov 8, 2024 | 0.17 | 0.38 | −55.7% |
| Aug 2, 2024 | 0.20 | 0.31 | −35.5% |
6.4%of the share price, paid each year
On $1,000 invested$64a year at today's yield, before tax
+11.1%2020 to 2025
Raised4 yearsin a row, in our data
Paid per share, each year
$2.35 in 2015 → $1.52 in 2025
How safe it looks
115.8% of its profit
Room to growStretchedMore than it earns: 13.3%
News
Plains All American Pipeline prices $1.5B debt deal to redeem preferred unitsSeeking Alpha · Sep 9, 2026The newest story we have is from Sep 9, 2026.
Insider trades
Our insider feed has not updated since May 26, 2026. Trades filed after that are not listed yet.
No insider trades on file.
The seven classic investing rulebooks
0/7Passes 0 of 7. Each bar is how well the company fits that investor's published rules, from 0 to 100; 60 or more counts as a pass.
Warren Buffett
34No pass
Benjamin Graham
33No pass
Philip Fisher
34No pass
Peter Lynch
30No pass
Joel Greenblatt
39No pass
Charlie Munger
16No pass
Terry Smith
24No pass
Questions about Plains GP Holdings, L.P.
Is Plains GP Holdings, L.P. a good stock to buy?
A business with weak numbers at a fair price. 0 of the 7 famous investors' published rulebooks we apply pass it. Whether it suits you depends on your goals and the price you pay; invest-like never tells anyone to buy or sell. The AI analysis lays out the case for and against. Read the Plains GP Holdings, L.P. AI analysis
What does Plains GP Holdings, L.P. do?
Plains GP Holdings, L.P., through its subsidiary, Plains All American Pipeline, L.P., owns and operates midstream energy infrastructure in the United States and Canada. The company operates in two segments, Crude Oil and Natural Gas Liquids (NGLs). It is in Oil & Gas Midstream, based in Houston, TX, United States.
Does Plains GP Holdings, L.P. pay a dividend?
Yes. At today's price the dividend is 6.4% a year, about 116% of its yearly profit. In 2025 it paid out $301 million in dividends.
Is Plains GP Holdings, L.P. stock halal?
No. Plains GP Holdings, L.P. does not pass our halal screen: its debt is 190% of its market value, at or above the 33% limit. How we check
How has Plains GP Holdings, L.P. stock done over the past year?
Up 46.9% over the past twelve months, to $25.91. It traded between $17.45 and $28.87 and is 10.3% below its high.
Who are Plains GP Holdings, L.P.'s competitors?
The largest listed companies in the same industry are Enbridge, The Williams Companies, Enterprise Products Partners L.P. and Kinder Morgan. The peers table on this page compares their profit, growth and price with Plains GP Holdings, L.P.'s.
Prices: daily closes to Nov 11, 2026. Fundamentals: company reports via invest-like data.