Plains GP Holdings LPPAGP -1.76%76 OCF Margin % is 3.35% as of Mar. 2026, which is 45% below its 10-year median of 6.12. 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 905 Oil & Gas companies, Plains GP Holdings LP ranks worse than 66.08% on this metric.
The historical rank and industry rank for Plains GP Holdings LP's OCF Margin % or its related term are showing as below:
PAGP'
s OCF Margin % Range Over the Past 10 Years
Min: 3.56 Med: 6.12 Max: 9.52
Current: 5.99
During the past 13 years, the highest OCF Margin % of Plains GP Holdings LP was 9.52%. The lowest was 3.56%. And the median was 6.12%.
PAGP's OCF Margin % is ranked worse than 66.08% of 905
companies
in the Oil & Gas industry
Industry Median: 13.96
vs PAGP: 5.99
Plains GP Holdings LP OCF Margin % Related Terms
Plains GP Holdings LP OCF Margin % Historical Data
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The historical data trend for Plains GP Holdings LP's OCF 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.
For the Oil & Gas Midstream subindustry, Plains GP Holdings LP's OCF Margin %, along with its competitors' market caps and OCF 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 OCF Margin % vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Plains GP Holdings LP's OCF Margin % distribution charts can be found below:
* The bar in red indicates where Plains GP Holdings LP's OCF Margin % falls into.
* 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 (PAGP) has a OCF Margin % of 3.35% as of Mar. 2026. OCF Margin is the ratio of Cash Flow from Operations to Total Revenue. View historical data on Plains GP Holdings LP and its competitors. This is 45% below median its historical median of 6.12. Over the past decade, Plains GP Holdings LP's OCF Margin % has ranged from 3.56 to 9.52. According to the industry distribution chart, Plains GP Holdings LP ranks #598 out of 905 companies in the Oil & Gas industry, placing it in the top 66.1%.
Is Plains GP Holdings LP's OCF Margin % too high?
Plains GP Holdings LP's current OCF Margin % of 3.35% is 45% below median its 10-year median of 6.12. Over the past 10 years, this metric has ranged from a low of 3.56 to a high of 9.52. The Oil & Gas industry median OCF Margin % is 13.96. Plains GP Holdings LP's value of 3.35% is 76% below this industry median. Based on the distribution chart, Plains GP Holdings LP ranks #598 out of 905 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 OCF Margin % compare to HESM and GLNG?
According to the Oil & Gas industry distribution chart, Plains GP Holdings LP ranks #598 out of 905 companies for OCF Margin %. This places Plains GP Holdings LP in the lower half of its industry. The industry median OCF Margin % is 13.96. Plains GP Holdings LP's value of 3.35% is 76% below this benchmark. Historically, Plains GP Holdings LP's own OCF Margin % has ranged from 3.56 to 9.52 over the past decade. While the company's 10-year median is 6.12 vs. the industry median of 13.96, 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 OCF Margin % for an Oil & Gas company?
The median OCF Margin % among Oil & Gas companies is 13.96, based on 905 companies in the industry. Companies in the top quartile (top 25%) have a OCF Margin % significantly above this median, while those in the bottom quartile fall well below. However, OCF Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Plains GP Holdings LP's current OCF Margin % of 3.35% is 76% 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 OCF Margin % mean?
A high OCF Margin % can signal that a stock is expensive relative to its fundamentals. OCF Margin is the ratio of Cash Flow from Operations to Total Revenue. View historical data on Plains GP Holdings LP and its competitors. For the Oil & Gas industry, the median OCF Margin % is 13.96 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Plains GP Holdings LP's current OCF Margin % is 3.35%, which is 45% below median its own 10-year median of 6.12. 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 OCF Margin % is 3.35%, which is 45% below median its 10-year median of 6.12 and 76% below the Oil & Gas industry median of 13.96. 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 OCF Margin % calculated?
OCF Margin % is calculated from a company's financial statements. For Plains GP Holdings LP (PAGP), the current OCF Margin % is 3.35% 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:
OCF Margin %: 3.35% (45% below median its 10-year median of 6.12)
GF Value™: $19.41 vs. price of $23.41 (20.6% above fair value)
Industry Position: 76% below the Oil & Gas median (#598 of 905)
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 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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