PAGP (Plains GP Holdings LP) Financial Strength: 5 (As of Jun. 2026) — 25% Above Median

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PAGP Plains GP Holdings LP PAGP
70 GF Score
Price $27.16
GF Value $20.13
Valuation Significantly Overvalued
! 9 Warning Signs
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What is Plains GP Holdings LP Financial Strength?

Plains GP Holdings LP PAGP -0.40% 70 Financial Strength is 5 as of Jun. 2026, which is 25% above its 10-year median of 4.00. GuruFocus rates PAGP with a GF Score™ of 70/100 and a GF Value™ of $20.13 (Significantly Overvalued). The stock has 9 warning signs investors should review.

Plains GP Holdings LP has the Financial Strength Rank of 5.

GuruFocus Financial Strength Rank measures how strong a company's financial situation is. It is rated on a scale of 1 to 10 and is based on these factors:

1. The debt burden that the company has as measured by its Interest Coverage (current year). The higher, the better.
2. Debt to revenue ratio. The lower, the better.
3. Altman Z-Score.
4. Other debt related ratios.

A higher score indicates a stronger financial position, with companies rated 7 or above considered financially stable and unlikely to face distress. Conversely, a score of 3 or below suggests potential financial difficulties, indicating a higher risk of distress.

Plains GP Holdings LP's Interest Coverage for the quarter that ended in Jun. 2026 was 3.38. Plains GP Holdings LP's debt to revenue ratio for the quarter that ended in Jun. 2026 was 0.12. As of today, Plains GP Holdings LP's Altman Z-Score is 2.20.


Plains GP Holdings LP  (NAS:PAGP) Financial Strength Explanation

The rank is rated on a scale of 1 to 10. A higher score indicates a stronger financial position, with companies rated 7 or above considered financially stable and unlikely to face distress. Conversely, a score of 3 or below suggests potential financial difficulties, indicating a higher risk of distress.

Plains GP Holdings LP has the Financial Strength Rank of 5.


Plains GP Holdings LP Financial Strength Related Terms


PAGP vs HESM, GLNG, INSW: Financial Strength Comparison

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

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

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


PAGP
70GF Score
Plains GP Holdings LP PAGP
Financial Strength is just one metric. See GF Score™, valuation, warning signs, and more.
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Plains GP Holdings LP Financial Strength Calculation

GuruFocus Financial Strength Rank measures how strong a company's financial situation is. It is based on these factors

A company ranks high with financial strength is likely to withstand any business slowdowns and recessions.

1. The debt burden that the company has as measured by its Interest Coverage (current year). The higher, the better.

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income (EBIT) by its Interest Expense:

Plains GP Holdings LP's Interest Expense for the months ended in Jun. 2026 was $-135 Mil. Its Operating Income for the months ended in Jun. 2026 was $456 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2026 was $8,626 Mil.

Plains GP Holdings LP's Interest Coverage for the quarter that ended in Jun. 2026 is

Interest Coverage=-1*Operating Income (Q: Jun. 2026 )/Interest Expense (Q: Jun. 2026 )
=-1*456/-135
=3.38

The higher the ratio, the stronger the company's financial strength is.

2. Debt to revenue ratio. The lower, the better.

Plains GP Holdings LP's Debt to Revenue Ratio for the quarter that ended in Jun. 2026 is

Debt to Revenue Ratio=Total Debt (Q: Jun. 2026 ) / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(9 + 8626) / 70772
=0.12

3. Altman Z-Score.

Z-Score model is an accurate forecaster of failure up to two years prior to distress. It can be considered the assessment of the distress of industrial corporations.

The zones of discrimination were as such:

When Z-Score is less than 1.81, it is in Distress Zones.
When Z-Score is greater than 2.99, it is in Safe Zones.
When Z-Score is between 1.81 and 2.99, it is in Grey Zones.

Plains GP Holdings LP has a Z-score of 2.20, indicating it is in Grey Zones. This implies that Plains GP Holdings LP is in some kind of financial stress. If it is below 1.81, the company may faces bankrupcy risk.

Warning Sign:

Altman Z-score of 2.2 is in the grey area. This implies that the company is under some kind of financial stress. If it is below 1.8, the company may face bankruptcy risk.

* 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 Financial Strength →
What does a Financial Strength of 5 mean?
Plains GP Holdings LP (PAGP) has a Financial Strength of 5 as of Jun. 2026. The financial strength rank measures the strength of a company's balance sheet based on revenue and debt. View historical data on Plains GP Holdings LP and its competitors. This is 25% above median its historical median of 4.00. Over the past decade, Plains GP Holdings LP's Financial Strength has ranged from 3.00 to 6.00.
Is Plains GP Holdings LP's Financial Strength too high?
Plains GP Holdings LP's current Financial Strength of 5 is 25% above median its 10-year median of 4.00. Over the past 10 years, this metric has ranged from a low of 3.00 to a high of 6.00. Overall, Plains GP Holdings LP has a GF Score™ of 70/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Plains GP Holdings LP's Financial Strength compare to HESM and GLNG?
Plains GP Holdings LP's Financial Strength of 5 can be compared against companies in the Oil & Gas industry. Historically, Plains GP Holdings LP's own Financial Strength has ranged from 3.00 to 6.00 over the past decade. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Financial Strength for an Oil & Gas company?
A good Financial Strength depends on the Oil & Gas industry context. However, Financial Strength 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 Financial Strength mean?
A high Financial Strength can signal that a stock is expensive relative to its fundamentals. The financial strength rank measures the strength of a company's balance sheet based on revenue and debt. View historical data on Plains GP Holdings LP and its competitors. Plains GP Holdings LP's current Financial Strength is 5, which is 25% above median its own 10-year median of 4.00. 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 Significantly Overvalued. The stock's GF Value™ is $20.13, compared to a current price of $27.16 — trading 34.9% above its estimated fair value. The current Financial Strength is 5, which is 25% above median its 10-year median of 4.00. Plains GP Holdings LP's overall GF Score™ is 70/100 with 9 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Financial Strength calculated?
Financial Strength is calculated from a company's financial statements. For Plains GP Holdings LP (PAGP), the current Financial Strength is 5 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 $27.16 is trading 34.9% above its estimated GF Value™ of $20.13. GuruFocus considers Plains GP Holdings LP to be Significantly Overvalued.

Key valuation signals for PAGP:

  • Financial Strength: 5 (25% above median its 10-year median of 4.00)
  • GF Value™: $20.13 vs. price of $27.16 (34.9% above fair value)
  • GF Score™: 70/100 with 9 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.
70GF Score

Get the complete analysis for PAGP

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

$27.16
Price
$20.13
GF Value