PAGP (Plains GP Holdings LP) Gross Profit: $3,128 Mil (TTM As of Jun. 2026)

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PAGP Plains GP Holdings LP PAGP
75 GF Score
Price $25.49
GF Value $22.32
Valuation Modestly Overvalued
! 8 Warning Signs
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What is Plains GP Holdings LP Gross Profit?

Plains GP Holdings LP PAGP +1.29% 75 Gross Profit is $3,128 Mil as of Jun. 2026. GuruFocus rates PAGP with a GF Score™ of 75/100 and a GF Value™ of $22.32 (Modestly Overvalued). The stock has 8 warning signs investors should review.

Plains GP Holdings LP's gross profit for the three months ended in Jun. 2026 was $895 Mil. Plains GP Holdings LP's gross profit for the trailing twelve months (TTM) ended in Jun. 2026 was $3,128 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Plains GP Holdings LP's gross profit for the three months ended in Jun. 2026 was $895 Mil. Plains GP Holdings LP's Revenue for the three months ended in Jun. 2026 was $17,693 Mil. Therefore, Plains GP Holdings LP's Gross Margin % for the quarter that ended in Jun. 2026 was 5.06%.

Plains GP Holdings LP had a gross margin of 5.06% for the quarter that ended in Jun. 2026 => No sustainable competitive advantage

During the past 13 years, the highest Gross Margin % of Plains GP Holdings LP was 12.06%. The lowest was 5.25%. And the median was 8.06%.

Warning Sign:

Plains GP Holdings LP gross margin has been in long-term decline. The average rate of decline per year is -6.5%.


Plains GP Holdings LP  (NAS:PAGP) Gross Profit Explanation

Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.

Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %

1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key

Plains GP Holdings LP had a gross margin of 5.06% for the quarter that ended in Jun. 2026 => No sustainable competitive advantage


Plains GP Holdings LP Gross Profit Related Terms


Plains GP Holdings LP Gross Profit Historical Data

* Premium members only.

The historical data trend for Plains GP Holdings LP's Gross Profit 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 Gross Profit Chart

Plains GP Holdings LP Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Gross Profit
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2,797.00 3,198.00 2,487.00 2,826.00 2,876.00

Plains GP Holdings LP Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Gross Profit 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 649.00 763.00 736.00 734.00 895.00

PAGP vs HESM, GLNG, INSW: Gross Profit Comparison

For the Oil & Gas Midstream subindustry, Plains GP Holdings LP's Gross Profit, along with its competitors' market caps and Gross Profit 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 Gross Profit vs Oil & Gas Industry

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

* The bar in red indicates where Plains GP Holdings LP's Gross Profit falls into.


PAGP
75GF Score
Plains GP Holdings LP PAGP
Gross Profit is just one metric. See GF Score™, valuation, warning signs, and more.
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Plains GP Holdings LP Gross Profit Calculation

Gross Profit is the different between the sale prices and the cost of buying or producing the goods.

Plains GP Holdings LP's Gross Profit for the fiscal year that ended in Dec. 2025 is calculated as

Gross Profit (A: Dec. 2025 )=Revenue - Cost of Goods Sold
=44262 - 41386
=2,876

Plains GP Holdings LP's Gross Profit for the quarter that ended in Jun. 2026 is calculated as

Gross Profit (Q: Jun. 2026 )=Revenue - Cost of Goods Sold
=17693 - 16798
=895

Gross Profit for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $3,128 Mil.

Gross Profit is the numerator in the calculation of Gross Margin.

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

Gross Margin % (Q: Jun. 2026 )=Gross Profit (Q: Jun. 2026 ) / Revenue (Q: Jun. 2026 )
=(Revenue - Cost of Goods Sold) / Revenue
=895 / 17693
=5.06 %

* 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.

A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.

Frequently Asked Questions Learn more about Gross Profit →
What does a Gross Profit of $3,128 Mil mean?
Plains GP Holdings LP (PAGP) has a Gross Profit of $3,128 Mil as of Jun. 2026. Gross Profit equals net sales less total cost of goods sold. View historical data on Plains GP Holdings LP and its competitors.
Is Plains GP Holdings LP's Gross Profit too high?
Plains GP Holdings LP's current Gross Profit is $3,128 Mil. Overall, Plains GP Holdings LP has a GF Score™ of 75/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Plains GP Holdings LP's Gross Profit compare to HESM and GLNG?
Plains GP Holdings LP's Gross Profit of $3,128 Mil can be compared against companies in the Oil & Gas industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Gross Profit for an Oil & Gas company?
A good Gross Profit depends on the Oil & Gas industry context. However, Gross Profit should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Gross Profit mean?
A high Gross Profit can signal that a stock is expensive relative to its fundamentals. Gross Profit equals net sales less total cost of goods sold. View historical data on Plains GP Holdings LP and its competitors. Plains GP Holdings LP's current Gross Profit is $3,128 Mil. 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 $22.32, compared to a current price of $25.49 — trading 14.2% above its estimated fair value. The current Gross Profit is $3,128 Mil. Plains GP Holdings LP's overall GF Score™ is 75/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Gross Profit calculated?
Gross Profit is calculated from a company's financial statements. For Plains GP Holdings LP (PAGP), the current Gross Profit is $3,128 Mil as of Jun. 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 $25.49 is trading 14.2% above its estimated GF Value™ of $22.32. GuruFocus considers Plains GP Holdings LP to be Modestly Overvalued.

Key valuation signals for PAGP:

  • Gross Profit: $3,128 Mil
  • GF Value™: $22.32 vs. price of $25.49 (14.2% above fair value)
  • GF Score™: 75/100 with 8 warning signs

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.
75GF Score

Get the complete analysis for PAGP

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

$25.49
Price
$22.32
GF Value