Plains GP Holdings LPPAGP -1.76%76 Quick Ratio is 0.88 as of Mar. 2026, which is 5% above its 10-year median of 0.84. GuruFocus rates PAGP with a GF Score™ of 76/100 and a GF Value™ of $19.43 (Modestly Overvalued). The stock has 11 warning signs investors should review. Among 1,011 Oil & Gas companies, Plains GP Holdings LP ranks worse than 62.51% on this metric.
Plains GP Holdings LP has a quick ratio of 0.88. It indicates that the company cannot currently fully pay back its current liabilities.
The historical rank and industry rank for Plains GP Holdings LP's Quick Ratio or its related term are showing as below:
PAGP'
s Quick Ratio Range Over the Past 10 Years
Min: 0.62 Med: 0.84 Max: 1.01
Current: 0.88
During the past 13 years, Plains GP Holdings LP's highest Quick Ratio was 1.01. The lowest was 0.62. And the median was 0.84.
PAGP's Quick Ratio is ranked worse than 62.51% of 1011
companies
in the Oil & Gas industry
Industry Median: 1.12
vs PAGP: 0.88
Plains GP Holdings LP (NAS:PAGP) Quick Ratio Explanation
The quick ratio is more conservative than the Current Ratio because it excludes inventories from current assets. The ratio derives its name presumably from the fact that assets such as cash and marketable securities are quick sources of cash. Inventories generally take time to be converted into cash, and if they have to be sold quickly, the company may have to accept a lower price than book value of these inventories. As a result, they are justifiably excluded from assets that are ready sources of immediate cash.
In general, low or decreasing quick ratios generally suggest that a company is over-leveraged, struggling to maintain or grow sales, paying bills too quickly or collecting receivables too slowly. On the other hand, a high or increasing quick ratio generally indicates that a company is experiencing solid top-line growth, quickly converting receivables into cash, and easily able to cover its financial obligations. Such companies often have faster inventory turnover and cash conversion cycles.
The higher the quick ratio, the better the company's liquidity position.
Plains GP Holdings LP Quick Ratio Related Terms
Plains GP Holdings LP Quick Ratio Historical Data
* Premium members only.
The historical data trend for Plains GP Holdings LP's Quick Ratio 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 Quick Ratio, along with its competitors' market caps and Quick Ratio 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 Quick Ratio vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Plains GP Holdings LP's Quick Ratio distribution charts can be found below:
* The bar in red indicates where Plains GP Holdings LP's Quick Ratio falls into.
The quick ratio measures a company's ability to meet its short-term obligations with its most liquid assets. For this reason, the ratio excludes inventories from current assets.
Plains GP Holdings LP's Quick Ratio for the fiscal year that ended in Dec. 2025 is calculated as
* 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 Quick Ratio of 0.88 as of Mar. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Plains GP Holdings LP and its competitors. This is near median its historical median of 0.84. Over the past decade, Plains GP Holdings LP's Quick Ratio has ranged from 0.62 to 1.01. According to the industry distribution chart, Plains GP Holdings LP ranks #632 out of 1011 companies in the Oil & Gas industry, placing it in the top 62.5%.
Is Plains GP Holdings LP's Quick Ratio too high?
Plains GP Holdings LP's current Quick Ratio of 0.88 is near median its 10-year median of 0.84. Over the past 10 years, this metric has ranged from a low of 0.62 to a high of 1.01. The Oil & Gas industry median Quick Ratio is 1.12. Plains GP Holdings LP's value of 0.88 is 21.4% below this industry median. Based on the distribution chart, Plains GP Holdings LP ranks #632 out of 1011 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 Quick Ratio compare to HESM and GLNG?
According to the Oil & Gas industry distribution chart, Plains GP Holdings LP ranks #632 out of 1011 companies for Quick Ratio. This places Plains GP Holdings LP in the lower half of its industry. The industry median Quick Ratio is 1.12. Plains GP Holdings LP's value of 0.88 is 21.4% below this benchmark. Historically, Plains GP Holdings LP's own Quick Ratio has ranged from 0.62 to 1.01 over the past decade. While the company's 10-year median is 0.84 vs. the industry median of 1.12, 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 Quick Ratio for an Oil & Gas company?
The median Quick Ratio among Oil & Gas companies is 1.12, based on 1,011 companies in the industry. Companies in the top quartile (top 25%) have a Quick Ratio significantly above this median, while those in the bottom quartile fall well below. However, Quick Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Plains GP Holdings LP's current Quick Ratio of 0.88 is 21.4% 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 Quick Ratio mean?
A high Quick Ratio can signal that a stock is expensive relative to its fundamentals. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Plains GP Holdings LP and its competitors. For the Oil & Gas industry, the median Quick Ratio is 1.12 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Plains GP Holdings LP's current Quick Ratio is 0.88, which is near median its own 10-year median of 0.84. 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 $19.43, compared to a current price of $23.41 — trading 20.5% above its estimated fair value. The current Quick Ratio is 0.88, which is near median its 10-year median of 0.84 and 21.4% below the Oil & Gas industry median of 1.12. 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 Quick Ratio calculated?
Quick Ratio is calculated from a company's financial statements. For Plains GP Holdings LP (PAGP), the current Quick Ratio is 0.88 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 20.5% above its estimated GF Value™ of $19.43.
GuruFocus considers Plains GP Holdings LP to be Modestly Overvalued.
Key valuation signals for PAGP:
Quick Ratio: 0.88 (near median its 10-year median of 0.84)
GF Value™: $19.43 vs. price of $23.41 (20.5% above fair value)
Industry Position: 21.4% below the Oil & Gas median (#632 of 1011)
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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