PAGP (Plains GP Holdings LP) EBITDA Margin %: 5.77% (As of Mar. 2026) — Near Median


PAGP Plains GP Holdings LP PAGP
76 GF Score
Price $23.41
GF Value $19.41
Valuation Modestly Overvalued
! 11 Warning Signs
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What is Plains GP Holdings LP EBITDA Margin %?

Plains GP Holdings LP PAGP -1.76% 76 EBITDA Margin % is 5.77% as of Mar. 2026, which is 4% below its 10-year median of 5.99. GuruFocus rates PAGP with a GF Score™ of 76/100 and a GF Value™ of $19.41 (Modestly Overvalued). The stock has 11 warning signs investors should review. Among 916 Oil & Gas companies, Plains GP Holdings LP ranks worse than 65.94% on this metric.

EBITDA Margin % is calculated as EBITDA divided by its Revenue. Plains GP Holdings LP's EBITDA for the three months ended in Mar. 2026 was $720 Mil. Plains GP Holdings LP's Revenue for the three months ended in Mar. 2026 was $12,470 Mil. Therefore, Plains GP Holdings LP's EBITDA margin for the quarter that ended in Mar. 2026 was 5.77%.


Plains GP Holdings LP  (NAS:PAGP) EBITDA Margin % Explanation

EBITDA Margin % is the ratio of EBITDA divided by net sales or Revenue. It is an performance metric measuring company's operating profitability. EBITDA Margin takes depreciation and amortization, interest expense and tax into account, which makes it easy to compare the relative profitability of companies of different sizes in the same industry.


Plains GP Holdings LP EBITDA Margin % Related Terms


Plains GP Holdings LP EBITDA Margin % Historical Data

* Premium members only.

The historical data trend for Plains GP Holdings LP's EBITDA Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Plains GP Holdings LP EBITDA Margin % Chart

Plains GP Holdings LP Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EBITDA Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.55 4.85 5.62 4.59 6.36

Plains GP Holdings LP Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
EBITDA Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 6.33 5.38 6.91 6.77 5.77

PAGP vs HESM, GLNG, INSW: EBITDA Margin % Comparison

For the Oil & Gas Midstream subindustry, Plains GP Holdings LP's EBITDA Margin %, along with its competitors' market caps and EBITDA Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Plains GP Holdings LP EBITDA Margin % vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Plains GP Holdings LP's EBITDA Margin % distribution charts can be found below:

* The bar in red indicates where Plains GP Holdings LP's EBITDA Margin % falls into.


PAGP
76GF Score
Plains GP Holdings LP PAGP
EBITDA Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Plains GP Holdings LP EBITDA Margin % Calculation

EBITDA margin is the ratio of EBITDA divided by net sales or Revenue, usually presented in percent.

Plains GP Holdings LP's EBITDA Margin % for the fiscal year that ended in Dec. 2025 is calculated as

EBITDA Margin %=EBITDA (A: Dec. 2025 )/Revenue (A: Dec. 2025 )
=2815/44262
=6.36 %

Plains GP Holdings LP's EBITDA Margin % for the quarter that ended in Mar. 2026 is calculated as

EBITDA Margin %=EBITDA (Q: Mar. 2026 )/Revenue (Q: Mar. 2026 )
=720/12470
=5.77 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about EBITDA Margin % →
What does a EBITDA Margin % of 5.77% mean?
Plains GP Holdings LP (PAGP) has a EBITDA Margin % of 5.77% as of Mar. 2026. EBITDA Margin is the ratio of EBITDA divided by net sales or Revenue, usually presented in percent. View historical data on Plains GP Holdings LP and its competitors. This is near median its historical median of 5.99. According to the industry distribution chart, Plains GP Holdings LP ranks #604 out of 916 companies in the Oil & Gas industry, placing it in the top 65.9%.
Is Plains GP Holdings LP's EBITDA Margin % too high?
Plains GP Holdings LP's current EBITDA Margin % of 5.77% is near median its 10-year median of 5.99. The Oil & Gas industry median EBITDA Margin % is 13.80. Plains GP Holdings LP's value of 5.77% is 58.2% below this industry median. Based on the distribution chart, Plains GP Holdings LP ranks #604 out of 916 companies in the Oil & Gas industry, which is below the industry midpoint. Overall, Plains GP Holdings LP has a GF Score™ of 76/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Plains GP Holdings LP's EBITDA Margin % compare to HESM and GLNG?
According to the Oil & Gas industry distribution chart, Plains GP Holdings LP ranks #604 out of 916 companies for EBITDA Margin %. This places Plains GP Holdings LP in the lower half of its industry. The industry median EBITDA Margin % is 13.80. Plains GP Holdings LP's value of 5.77% is 58.2% below this benchmark. While the company's 10-year median is 5.99 vs. the industry median of 13.80, Plains GP Holdings LP has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EBITDA Margin % for an Oil & Gas company?
The median EBITDA Margin % among Oil & Gas companies is 13.80, based on 916 companies in the industry. Companies in the top quartile (top 25%) have a EBITDA Margin % significantly above this median, while those in the bottom quartile fall well below. However, EBITDA Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Plains GP Holdings LP's current EBITDA Margin % of 5.77% is 58.2% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EBITDA Margin % mean?
A high EBITDA Margin % can signal that a stock is expensive relative to its fundamentals. EBITDA Margin is the ratio of EBITDA divided by net sales or Revenue, usually presented in percent. View historical data on Plains GP Holdings LP and its competitors. For the Oil & Gas industry, the median EBITDA Margin % is 13.80 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Plains GP Holdings LP's current EBITDA Margin % is 5.77%, which is near median its own 10-year median of 5.99. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Plains GP Holdings LP stock overvalued right now?
Based on GuruFocus' analysis, Plains GP Holdings LP (PAGP) is currently considered Modestly Overvalued. The stock's GF Value™ is $19.41, compared to a current price of $23.41 — trading 20.6% above its estimated fair value. The current EBITDA Margin % is 5.77%, which is near median its 10-year median of 5.99 and 58.2% below the Oil & Gas industry median of 13.80. Plains GP Holdings LP's overall GF Score™ is 76/100 with 11 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EBITDA Margin % calculated?
EBITDA Margin % is calculated from a company's financial statements. For Plains GP Holdings LP (PAGP), the current EBITDA Margin % is 5.77% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Plains GP Holdings LP (PAGP) Overvalued in 2026?

Based on GuruFocus' analysis, Plains GP Holdings LP stock appears to be overvalued. The current stock price of $23.41 is trading 20.6% above its estimated GF Value™ of $19.41. GuruFocus considers Plains GP Holdings LP to be Modestly Overvalued.

Key valuation signals for PAGP:

  • EBITDA Margin %: 5.77% (near median its 10-year median of 5.99)
  • GF Value™: $19.41 vs. price of $23.41 (20.6% above fair value)
  • GF Score™: 76/100 with 11 warning signs
  • Industry Position: 58.2% below the Oil & Gas median (#604 of 916)

No single metric tells the full story. See the PAGP stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Plains GP Holdings LP Business Description

Industry EnergyOil & Gas
Address 333 Clay Street, Suite 1600, Houston, TX, USA, 77002
Plains GP Holdings LP owns and operates midstream energy infrastructure and provides logistics services for crude oil, natural gas liquids (NGL), and natural gas. The group manages its operations through two operating segments: Crude Oil segment operations generally consist of gathering and transporting crude oil using pipelines (including gathering systems), trucks, and, at times, on barges or railcars; and NGL segment operations involve NGL storage and terminalling from NGL assets located in the Southwestern United States. It generates the majority of its revenue from the Crude Oil segment. Its geographic markets are the United States and Canada. It generates the majority of its revenue from the United States.
76GF Score

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EBITDA Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$23.41
Price
$19.41
GF Value