Plains Financial Statements From 2010 to 2024

PAGP Stock  USD 18.30  0.37  1.98%   
Plains GP financial statements provide useful quarterly and yearly information to potential Plains GP Holdings investors about the company's current and past financial position, as well as its overall management performance and changes in financial position over time. Historical trend examination of various income statement and balance sheet accounts found on Plains GP financial statements helps investors assess Plains GP's valuation, profitability, and current liquidity needs. Key fundamental drivers impacting Plains GP's valuation are summarized below:
Gross Profit
2.9 B
Profit Margin
0.0035
Market Capitalization
4.3 B
Enterprise Value Revenue
0.2314
Revenue
48.4 B
There are currently one hundred twenty trending fundamental ratios for Plains GP Holdings that can be evaluated and compared over time across competitors. Investors and active traders are advised to check out Plains GP's recent fundamental performance against the performance between 2010 and 2024 to make sure the trends are evolving in the right direction. As of 05/23/2024, Market Cap is likely to grow to about 2.9 B, while Enterprise Value is likely to drop slightly above 8.1 B.

Plains GP Total Revenue

38.68 Billion

Check Plains GP financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Plains main balance sheet or income statement drivers, such as Depreciation And Amortization of 615.9 M, Interest Expense of 425.9 M or Selling General Administrative of 338.8 M, as well as many exotic indicators such as Price To Sales Ratio of 0.1, Dividend Yield of 0.12 or PTB Ratio of 2.11. Plains financial statements analysis is a perfect complement when working with Plains GP Valuation or Volatility modules.
  
This module can also supplement Plains GP's financial leverage analysis and stock options assessment as well as various Plains GP Technical models . Check out the analysis of Plains GP Correlation against competitors.

Plains GP Balance Sheet

Current ValueLast YearHistorical Average 10 Year Trend
Common Stock Shares Outstanding206.4 M195 M188.9 M
Very volatile
Total Assets27.3 B28.6 B24.3 B
Slightly volatile
Short and Long Term Debt Total9.9 B8.1 B8.8 B
Slightly volatile
Other Current Liabilities5.2 B4.9 B1.6 B
Pretty Stable
Total Current Liabilities5.3 BB4.8 B
Slightly volatile
Total Stockholder Equity1.5 B1.5 B8.5 B
Very volatile
Other Liabilities626.3 MB582.1 M
Slightly volatile
Property Plant And Equipment Net14.8 B16.1 B13.1 B
Slightly volatile
Net Debt9.7 B7.6 B8.7 B
Slightly volatile
Accounts Payable3.7 B3.8 B3.4 B
Pretty Stable
Cash475.6 M453 M171.4 M
Slightly volatile
Non Current Assets Total22.3 B23.7 B19.8 B
Slightly volatile
Other Assets2.6 B1.6 B2.2 B
Slightly volatile
Long Term Debt9.2 B7.3 B8.2 B
Slightly volatile
Cash And Short Term Investments475.6 M453 M171.4 M
Slightly volatile
Net Receivables3.5 B3.8 B3.2 B
Slightly volatile
Liabilities And Stockholders Equity24.5 B28.6 B22 B
Slightly volatile
Non Current Liabilities Total10.1 B8.6 BB
Slightly volatile
Inventory681 M548 M848.3 M
Slightly volatile
Other Current Assets147.2 M155 M275.1 M
Very volatile
Total Liabilities15.4 B13.6 B13.8 B
Slightly volatile
Property Plant And Equipment Gross16.8 B21.5 B14.9 B
Slightly volatile
Total Current Assets4.9 B4.9 B4.5 B
Pretty Stable
Short Term Debt708.9 M515 M861 M
Pretty Stable
Intangible Assets958 M1.9 B847.3 M
Slightly volatile
Property Plant Equipment14.6 B17.9 B13.3 B
Slightly volatile
Long Term Debt Total7.2 B6.6 B8.5 B
Very volatile
Long Term Investments2.9 B2.8 B2.2 B
Slightly volatile
Non Current Liabilities Other951.2 MB783.9 M
Slightly volatile
Common Stock1.8 B1.5 B1.5 B
Slightly volatile
Short and Long Term Debt697.5 M446 M481 M
Slightly volatile
Net Invested Capital9.4 B9.3 B11.6 B
Pretty Stable
Capital Lease Obligations260 M274 M357.9 M
Slightly volatile

Plains GP Income Statement

Current ValueLast YearHistorical Average 10 Year Trend
Depreciation And Amortization615.9 M1.1 B563.7 M
Slightly volatile
Interest Expense425.9 M396 M389.8 M
Slightly volatile
Selling General Administrative338.8 M356 M310.1 M
Pretty Stable
Total Revenue38.7 B48.7 B35.4 B
Slightly volatile
Gross Profit3.1 B1.7 B2.8 B
Very volatile
Other Operating Expenses37.1 B47.3 B34 B
Slightly volatile
Operating IncomeB1.4 B1.3 B
Pretty Stable
EBITB1.4 B1.2 B
Pretty Stable
EBITDAB2.4 B1.8 B
Slightly volatile
Cost Of Revenue35.6 B47 B32.6 B
Slightly volatile
Total Operating Expenses338.2 M356 M1.3 B
Slightly volatile
Non Operating Income Net Other295.4 M211.6 M225.8 M
Slightly volatile
Interest Income29.9 M31.5 M154.9 M
Slightly volatile
Reconciled Depreciation815.1 MB693.2 M
Slightly volatile
Selling And Marketing Expenses4.8 M5.4 M5.9 M
Slightly volatile

Plains GP Cash Flow Statement

Current ValueLast YearHistorical Average 10 Year Trend
Stock Based Compensation51.3 M51 M63.3 M
Slightly volatile
Begin Period Cash Flow424.2 M404 M145.6 M
Slightly volatile
Depreciation620.3 M1.1 B567.7 M
Slightly volatile
Capital Expenditures867.1 M559 M1.1 B
Slightly volatile
Total Cash From Operating ActivitiesB2.7 B1.9 B
Slightly volatile
End Period Cash Flow475.6 M453 M177.4 M
Slightly volatile
Change To Netincome800.4 M923.5 M624.4 M
Slightly volatile

Financial Ratios

Current ValueLast YearHistorical Average 10 Year Trend
Price To Sales Ratio0.10.06390.0931
Pretty Stable
Dividend Yield0.120.06720.1075
Very volatile
PTB Ratio2.112.00920.883
Pretty Stable
Days Sales Outstanding26.6328.181332.8965
Very volatile
Book Value Per Share7.547.938589.6996
Slightly volatile
Invested Capital5.265.0112.0231
Slightly volatile
Operating Cash Flow Per Share20.8513.95919.0729
Slightly volatile
Stock Based Compensation To Revenue0.0010.0010.0019
Slightly volatile
PB Ratio2.112.00920.883
Pretty Stable
EV To Sales0.410.22080.3635
Very volatile
Inventory Turnover89.9885.697144.8832
Slightly volatile
Days Of Inventory On Hand4.054.259210.3511
Slightly volatile
Payables Turnover7.9512.21389.734
Very volatile
Sales General And Administrative To Revenue0.01030.00730.0094
Pretty Stable
Cash Per Share2.712.58461.4592
Pretty Stable
POCF Ratio1.091.14262.3263
Slightly volatile
Interest Coverage3.873.48743.5441
Slightly volatile
Days Payables Outstanding42.3729.884338.8312
Very volatile
EV To Operating Cash Flow7.713.94986.8238
Very volatile
Intangibles To Total Assets0.110.06560.1028
Slightly volatile
Net Debt To EBITDA3.993.14194.8227
Very volatile
Current Ratio0.740.98220.9205
Slightly volatile
Tangible Book Value Per Share78.9567.164172.3301
Slightly volatile
Receivables Turnover12.6112.951911.4835
Very volatile
Graham Number12.7913.467158.681
Pretty Stable
Shareholders Equity Per Share7.547.938589.6996
Slightly volatile
Debt To Equity5.265.0112.0231
Slightly volatile
Revenue Per Share437250400
Slightly volatile
Interest Debt Per Share39.7241.810397.2288
Slightly volatile
Debt To Assets0.420.27130.3808
Slightly volatile
Enterprise Value Over EBITDA7.294.42076.5879
Pretty Stable
Short Term Coverage Ratios4.255.28545.1134
Pretty Stable
Operating Cycle48.4732.440544.4336
Pretty Stable
Price Book Value Ratio2.112.00920.883
Pretty Stable
Days Of Payables Outstanding42.3729.884338.8312
Very volatile
Price To Operating Cash Flows Ratio1.091.14262.3263
Slightly volatile
Operating Profit Margin0.04290.02840.0393
Pretty Stable
Effective Tax Rate0.140.11710.1663
Pretty Stable
Company Equity Multiplier19.418.47356.0722
Slightly volatile
Long Term Debt To Capitalization0.870.82390.5318
Slightly volatile
Total Debt To Capitalization0.430.83360.5259
Very volatile
Return On Capital Employed0.07820.05850.0747
Slightly volatile
Debt Equity Ratio5.265.0112.0231
Slightly volatile
Ebit Per Revenue0.04290.02840.0393
Pretty Stable
Quick Ratio0.550.85190.6787
Pretty Stable
Cash Ratio0.0950.09050.0333
Slightly volatile
Cash Conversion Cycle2.432.556210.5454
Slightly volatile
Operating Cash Flow Sales Ratio0.0430.05590.053
Pretty Stable
Days Of Inventory Outstanding4.054.259210.3511
Slightly volatile
Days Of Sales Outstanding26.6328.181332.8965
Very volatile
Cash Flow Coverage Ratios0.180.35090.2378
Pretty Stable
Price To Book Ratio2.112.00920.883
Pretty Stable
Fixed Asset Turnover3.073.02572.9138
Slightly volatile
Price Cash Flow Ratio1.091.14262.3263
Slightly volatile
Enterprise Value Multiple7.294.42076.5879
Pretty Stable
Debt Ratio0.420.27130.3808
Slightly volatile
Cash Flow To Debt Ratio0.180.35090.2378
Pretty Stable
Price Sales Ratio0.10.06390.0931
Pretty Stable
Asset Turnover1.631.70291.542
Slightly volatile
Gross Profit Margin0.03390.03570.0822
Slightly volatile
Price Fair Value2.112.00920.883
Pretty Stable

Plains GP Valuation Data

Current ValueLast YearHistorical Average 10 Year Trend
Market Cap2.9 B1.8 B2.1 B
Slightly volatile
Enterprise Value8.1 B10.7 B10.9 B
Pretty Stable

Plains Fundamental Market Drivers

Forward Price Earnings19.2678
Cash And Short Term Investments453 M

Plains Upcoming Events

9th of February 2024
Upcoming Quarterly Report
View
3rd of May 2024
Next Financial Report
View
31st of December 2023
Next Fiscal Quarter End
View
9th of February 2024
Next Fiscal Year End
View
30th of September 2023
Last Quarter Report
View
31st of December 2022
Last Financial Announcement
View

About Plains GP Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Plains GP income statement, its balance sheet, and the statement of cash flows. Plains GP investors use historical funamental indicators, such as Plains GP's revenue or net income, to determine how well the company is positioned to perform in the future. Although Plains GP investors may use each financial statement separately, they are all related. The changes in Plains GP's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Plains GP's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Plains GP Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Plains GP. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Current Deferred Revenue-4.9 B-4.7 B
Total Revenue48.7 B38.7 B
Cost Of Revenue47 B35.6 B
Stock Based Compensation To Revenue 0  0.001 
Sales General And Administrative To Revenue 0.01  0.01 
Research And Ddevelopement To Revenue 0.00  0.00 
Capex To Revenue(0.01)(0.01)
Revenue Per Share 249.74  437.44 
Ebit Per Revenue 0.03  0.04 

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When determining whether Plains GP Holdings is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Plains Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Plains Gp Holdings Stock. Highlighted below are key reports to facilitate an investment decision about Plains Gp Holdings Stock:
Check out the analysis of Plains GP Correlation against competitors.
Note that the Plains GP Holdings information on this page should be used as a complementary analysis to other Plains GP's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Portfolio Center module to all portfolio management and optimization tools to improve performance of your portfolios.

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When running Plains GP's price analysis, check to measure Plains GP's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Plains GP is operating at the current time. Most of Plains GP's value examination focuses on studying past and present price action to predict the probability of Plains GP's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Plains GP's price. Additionally, you may evaluate how the addition of Plains GP to your portfolios can decrease your overall portfolio volatility.
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Is Plains GP's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Plains GP. If investors know Plains will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Plains GP listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.40)
Dividend Share
1.17
Earnings Share
0.87
Revenue Per Share
247.08
Quarterly Revenue Growth
(0.03)
The market value of Plains GP Holdings is measured differently than its book value, which is the value of Plains that is recorded on the company's balance sheet. Investors also form their own opinion of Plains GP's value that differs from its market value or its book value, called intrinsic value, which is Plains GP's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Plains GP's market value can be influenced by many factors that don't directly affect Plains GP's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Plains GP's value and its price as these two are different measures arrived at by different means. Investors typically determine if Plains GP is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Plains GP's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.