Plains GP Holdings Net Income

PAGP Stock  USD 21.59  0.37  1.74%   
As of the 15th of February 2026, Plains GP holds the Risk Adjusted Performance of 0.3007, coefficient of variation of 269.44, and Semi Deviation of 0.4259. Compared to fundamental indicators, the technical analysis model allows you to check existing technical drivers of Plains GP, as well as the relationship between them.

Plains GP Total Revenue

40.34 Billion

Analyzing historical trends in various income statement and balance sheet accounts from Plains GP's financial statements helps investors evaluate the company's valuation, profitability, and current liquidity needs. Key fundamental drivers impacting Plains GP's valuation are summarized below:
Gross Profit
2.7 B
Profit Margin
0.0059
Market Capitalization
B
Enterprise Value Revenue
0.2876
Revenue
44.3 B
There are currently one hundred twenty trending fundamental ratios for Plains GP Holdings that can be evaluated and compared over time across competitors. Investors and active traders are advised to check out Plains GP's recent fundamental performance against the performance between 2010 and 2026 to make sure the trends are evolving in the right direction. As of 02/15/2026, Market Cap is likely to grow to about 2.9 B, while Enterprise Value is likely to drop slightly above 8.1 B. This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.
Last ReportedProjected for Next Year
Net Income1.8 B996.3 M
Net Income Applicable To Common Shares151.2 M158.8 M
Net Income From Continuing Ops963 M668.7 M
Net Income Per Share 2.04  2.14 
Net Income Per E B T 1.02  1.08 
At this time, Plains GP's Net Income Applicable To Common Shares is relatively stable compared to the past year. As of 02/15/2026, Net Income Per Share is likely to grow to 2.14, while Net Income is likely to drop slightly above 996.3 M.
  
Build AI portfolio with Plains Stock
Evaluating Plains GP's Net Income across multiple reporting periods reveals the company's ability to sustain growth and manage resources effectively. This longitudinal analysis highlights inflection points, cyclical patterns, and structural changes that short-term snapshots might miss, offering deeper insight into Plains GP Holdings's fundamental strength.

Latest Plains GP's Net Income Growth Pattern

Below is the plot of the Net Income of Plains GP Holdings over the last few years. Net income is one of the most important fundamental items in finance. It plays a large role in Plains GP Holdings financial statement analysis. It represents the amount of money remaining after all of Plains GP Holdings operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue. It is Plains GP's Net Income historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Plains GP's overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 1.77 B10 Years Trend
Slightly volatile
   Net Income   
       Timeline  

Plains Net Income Regression Statistics

Arithmetic Mean186,926,471
Geometric Mean108,172,919
Coefficient Of Variation296.80
Mean Deviation337,660,900
Median94,000,000
Standard Deviation554,794,273
Sample Variance307796.7T
Range2.2B
R-Value0.52
Mean Square Error239471.8T
R-Squared0.27
Significance0.03
Slope57,151,961
Total Sum of Squares4924747T

Plains Net Income History

20261.5 B
20251.4 B
2024103 M
2023198 M
2022168 M
202160 M
2020-568 M

Other Fundumenentals of Plains GP Holdings

Plains GP Net Income component correlations

Plains Net Income Driver Correlations

Understanding the fundamental principles of building solid financial models for Plains GP is extremely important. It helps to project a fair market value of Plains Stock properly, considering its historical fundamentals such as Net Income. Since Plains GP's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Plains GP's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Plains GP's interrelated accounts and indicators.
Can Oil & Gas Storage & Transportation industry sustain growth momentum? Does Plains have expansion opportunities? Factors like these will boost the valuation of Plains GP. Anticipated expansion of Plains directly elevates investor willingness to pay premium valuations. Determining accurate worth demands scrutiny of both present operating results and projected expansion capacity. Evaluating Plains GP demands reviewing these metrics collectively while recognizing certain factors exert disproportionate influence.
Quarterly Earnings Growth
1.502
Dividend Share
1.558
Earnings Share
1.12
Revenue Per Share
223.545
Quarterly Revenue Growth
(0.15)
Investors evaluate Plains GP Holdings using market value (trading price) and book value (balance sheet equity), each telling a different story. Calculating Plains GP's intrinsic value - the estimated true worth - helps identify when the stock trades at a discount or premium to fair value. Market participants employ diverse analytical approaches to determine fair value and identify buying opportunities when prices dip below calculated worth. External factors like market trends, sector rotation, and investor psychology can cause Plains GP's market price to deviate significantly from intrinsic value.
It's important to distinguish between Plains GP's intrinsic value and market price, which are calculated using different methodologies. Investment decisions regarding Plains GP should consider multiple factors including financial performance, growth metrics, competitive position, and professional analysis. Conversely, Plains GP's market price signifies the transaction level at which participants voluntarily complete trades.

Plains GP 'What if' Analysis

In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Plains GP's stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Plains GP.
0.00
11/17/2025
No Change 0.00  0.0 
In 3 months and 1 day
02/15/2026
0.00
If you would invest  0.00  in Plains GP on November 17, 2025 and sell it all today you would earn a total of 0.00 from holding Plains GP Holdings or generate 0.0% return on investment in Plains GP over 90 days. Plains GP is related to or competes with Gulfport Energy, Scorpio Tankers, Transocean, Kodiak Gas, Delek Logistics, Peabody Energy, and CVR Energy. Plains GP Holdings, L.P., through its subsidiary, Plains All American Pipeline, L.P., owns and operates midstream energy... More

Plains GP Upside/Downside Indicators

Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Plains GP's stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Plains GP Holdings upside and downside potential and time the market with a certain degree of confidence.

Plains GP Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Plains GP's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Plains GP's standard deviation. In reality, there are many statistical measures that can use Plains GP historical prices to predict the future Plains GP's volatility.
Hype
Prediction
LowEstimatedHigh
20.7921.6922.59
Details
Intrinsic
Valuation
LowRealHigh
20.0920.9921.89
Details
13 Analysts
Consensus
LowTargetHigh
19.4621.3823.74
Details
Earnings
Estimates (0)
LowProjected EPSHigh
0.500.500.50
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Plains GP. Your research has to be compared to or analyzed against Plains GP's peers to derive any actionable benefits. When done correctly, Plains GP's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Plains GP Holdings.

Plains GP February 15, 2026 Technical Indicators

Plains GP Holdings Backtested Returns

Plains GP appears to be very steady, given 3 months investment horizon. Plains GP Holdings maintains Sharpe Ratio (i.e., Efficiency) of 0.39, which implies the firm had a 0.39 % return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Plains GP Holdings, which you can use to evaluate the volatility of the company. Please evaluate Plains GP's Semi Deviation of 0.4259, risk adjusted performance of 0.3007, and Coefficient Of Variation of 269.44 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Plains GP holds a performance score of 31. The company holds a Beta of -0.0893, which implies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Plains GP are expected to decrease at a much lower rate. During the bear market, Plains GP is likely to outperform the market. Please check Plains GP's standard deviation, expected short fall, period momentum indicator, as well as the relationship between the maximum drawdown and rate of daily change , to make a quick decision on whether Plains GP's historical price patterns will revert.

Auto-correlation

    
  0.83  

Very good predictability

Plains GP Holdings has very good predictability. Overlapping area represents the amount of predictability between Plains GP time series from 17th of November 2025 to 1st of January 2026 and 1st of January 2026 to 15th of February 2026. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Plains GP Holdings price movement. The serial correlation of 0.83 indicates that around 83.0% of current Plains GP price fluctuation can be explain by its past prices.
Correlation Coefficient0.83
Spearman Rank Test0.78
Residual Average0.0
Price Variance0.61
Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
Competition

Plains Accumulated Other Comprehensive Income

Accumulated Other Comprehensive Income

(3.42 Billion)

Plains GP reported last year Accumulated Other Comprehensive Income of (3.25 Billion)
Based on the recorded statements, Plains GP Holdings reported net income of 1.77 B. This is 22.13% lower than that of the Oil, Gas & Consumable Fuels sector and 162.45% higher than that of the Energy industry. The net income for all United States stocks is significantly lower than that of the firm.

Plains Net Income Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Plains GP's direct or indirect competition against its Net Income to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Plains GP could also be used in its relative valuation, which is a method of valuing Plains GP by comparing valuation metrics of similar companies.
Plains GP is currently under evaluation in net income category among its peers.

Plains GP ESG Sustainability

Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Plains GP's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Plains GP's managers, analysts, and investors.
Environmental
Governance
Social

Plains GP Institutional Holders

Institutional Holdings refers to the ownership stake in Plains GP that is held by large financial organizations, pension funds or endowments. Institutions may hold large blocks of Plains GP's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Plains GP's value.
Shares
Swank Energy Income Advisors, Lp2025-06-30
3.5 M
Vanguard Group Inc2025-06-30
3.4 M
Westwood Holdings Group Inc2025-06-30
3.2 M
Artemis Investment Management Llp2025-06-30
3.1 M
Recurrent Investment Advisors, Llc2025-06-30
2.7 M
Hsbc Holdings Plc2025-06-30
2.6 M
Two Sigma Investments Llc2025-06-30
2.6 M
Advisors Capital Management, Llc2025-06-30
2.6 M
Mirae Asset Global Etfs Holdings Ltd.2025-06-30
2.1 M
Tortoise Midstream Energy Fund, Inc.2025-06-30
11.6 M
Massachusetts Financial Services Company2025-06-30
10.1 M

Plains Fundamentals

About Plains GP Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Plains GP Holdings's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Plains GP using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Plains GP Holdings based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.

Pair Trading with Plains GP

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Plains GP position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Plains GP will appreciate offsetting losses from the drop in the long position's value.

Moving together with Plains Stock

  0.71AM Antero Midstream Partners Earnings Call This WeekPairCorr
  0.93EE Excelerate EnergyPairCorr
  0.87ET Energy Transfer LP Earnings Call This WeekPairCorr

Moving against Plains Stock

  0.41SAK Sinopec Kantons HoldingsPairCorr
The ability to find closely correlated positions to Plains GP could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Plains GP when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Plains GP - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Plains GP Holdings to buy it.
The correlation of Plains GP is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Plains GP moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Plains GP Holdings moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Plains GP can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Additional Tools for Plains Stock Analysis

When running Plains GP's price analysis, check to measure Plains GP's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Plains GP is operating at the current time. Most of Plains GP's value examination focuses on studying past and present price action to predict the probability of Plains GP's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Plains GP's price. Additionally, you may evaluate how the addition of Plains GP to your portfolios can decrease your overall portfolio volatility.