PAGP (Plains GP Holdings LP) Property, Plant and Equipment: $17,070 Mil (As of Mar. 2026)


PAGP Plains GP Holdings LP PAGP
76 GF Score
Price $24.11
GF Value $19.45
Valuation Modestly Overvalued
! 11 Warning Signs
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What is Plains GP Holdings LP Property, Plant and Equipment?

Plains GP Holdings LP PAGP +1.43% 76 Property, Plant and Equipment is $17,070 Mil as of Mar. 2026. GuruFocus rates PAGP with a GF Score™ of 76/100 and a GF Value™ of $19.45 (Modestly Overvalued). The stock has 11 warning signs investors should review.

Plains GP Holdings LP's quarterly net PPE increased from Sep. 2025 ($14,327 Mil) to Dec. 2025 ($17,058 Mil) and increased from Dec. 2025 ($17,058 Mil) to Mar. 2026 ($17,070 Mil).

Plains GP Holdings LP's annual net PPE declined from Dec. 2023 ($16,095 Mil) to Dec. 2024 ($13,635 Mil) but then increased from Dec. 2024 ($13,635 Mil) to Dec. 2025 ($17,058 Mil).


Plains GP Holdings LP  (NAS:PAGP) Property, Plant and Equipment Explanation

A company with durable competitive advantage doesn't need to constantly upgrade its equipment to stay competitive. The company replaces when it wears out. On the other hand, a company without any advantages must replace to keep pace.

Difference between a company with a moat and one without is that the company with the competitive advantage finances new equipment through internal cash flows, whereas the no advantage company requires debt to finance.

Producing a consistent product that doesn't change equates to consistent profits. There is no need to upgrade plants which frees up cash for other ventures. Think Coca Cola, Johnson & Johnson etc.


Plains GP Holdings LP Property, Plant and Equipment Related Terms


Plains GP Holdings LP Property, Plant and Equipment Historical Data

* Premium members only.

The historical data trend for Plains GP Holdings LP's Property, Plant and Equipment 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 Property, Plant and Equipment Chart

Plains GP Holdings LP Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Property, Plant and Equipment
Get a 7-Day Free Trial Premium Member Only Premium Member Only 15,302.00 15,602.00 16,095.00 13,635.00 17,058.00

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
Property, Plant and Equipment 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 16,383.00 14,359.00 14,327.00 17,058.00 17,070.00
PAGP
76GF Score
Plains GP Holdings LP PAGP
Property, Plant and Equipment is just one metric. See GF Score™, valuation, warning signs, and more.
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Plains GP Holdings LP Property, Plant and Equipment Calculation

Property, Plant and Equipment (PPE) are the fixed assets of the companyFixed assets are also known as non-current assets.

Property, plant, and equipment includes assets that will - in the normal course of business - neither be used up in the next year nor will become a part of any product sold to customers.

Some of the most common parts of property, plant, and equipment are:


Land
Buildings (and leasehold improvements)
Transportation equipment
Manufacturing equipment
Office equipment
Office furniture

Companies with lots of property, plant, and equipment often have special categories. For example, railroad property includes:


Track
Ties
Ballast
Bridges
Tunnels
Signals
Locomotives
Freight Cars

There is often a note in the financial statements - found in a company's 10-K - that will explain the different categories of property a company owns.

The market value of property, plant, and equipment can differ tremendously from the book value of property, plant, and equipment.

For example, when Berkshire Hathaway liquidated its textile mills, it had to pay the buyers of the company's manufacturing equipment to haul the equipment away. That property, plant, and equipment was literally worth less than zero. On the other hand, some companies own thousands of acres of land.

All property, plant, and equipment other than land is depreciated. Land is never depreciated. However, land is not marked up to market value either. Under Generally Accepted Accounting Principles (GAAP), land is shown on the balance sheet at cost.

The property, plant, and equipment line shown on the balance sheet is usually net property, plant, and equipment. This means it is the cost of the property, plant, and equipment less accumulated depreciation.

What does a Property, Plant and Equipment of $17,070 Mil mean?
Plains GP Holdings LP (PAGP) has a Property, Plant and Equipment of $17,070 Mil as of Mar. 2026. The total property, plant and equipment recorded on a company's balance sheet less accumulated depreciation. View historical data on Plains GP Holdings LP and its competitors.
Is Plains GP Holdings LP's Property, Plant and Equipment too high?
Plains GP Holdings LP's current Property, Plant and Equipment is $17,070 Mil. 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 Property, Plant and Equipment compare to HESM and GLNG?
Plains GP Holdings LP's Property, Plant and Equipment of $17,070 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 Property, Plant and Equipment for an Oil & Gas company?
A good Property, Plant and Equipment depends on the Oil & Gas industry context. However, Property, Plant and Equipment 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 Property, Plant and Equipment mean?
A high Property, Plant and Equipment can signal that a stock is expensive relative to its fundamentals. The total property, plant and equipment recorded on a company's balance sheet less accumulated depreciation. View historical data on Plains GP Holdings LP and its competitors. Plains GP Holdings LP's current Property, Plant and Equipment is $17,070 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 $19.45, compared to a current price of $24.11 — trading 24% above its estimated fair value. The current Property, Plant and Equipment is $17,070 Mil. 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 Property, Plant and Equipment calculated?
Property, Plant and Equipment is calculated from a company's financial statements. For Plains GP Holdings LP (PAGP), the current Property, Plant and Equipment is $17,070 Mil 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 $24.11 is trading 24% above its estimated GF Value™ of $19.45. GuruFocus considers Plains GP Holdings LP to be Modestly Overvalued.

Key valuation signals for PAGP:

  • Property, Plant and Equipment: $17,070 Mil
  • GF Value™: $19.45 vs. price of $24.11 (24% above fair value)
  • GF Score™: 76/100 with 11 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.
76GF Score

Get the complete analysis for PAGP

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

$24.11
Price
$19.45
GF Value