SuperworthPlains GP profit margin PAGP
Gross, operating and net profit as a share of revenue over the last twelve months, from 2013.
- Net margin, 12 months
- 1.1%
- Operating margin, 12 months
- 3.1%
- Net margin on a year earlier
- +0.8 pts
- Peer median
- 18.5%
Over the twelve months to Jun 30, 2026, Plains GP kept 1.1% of its revenue as net profit, with an operating margin of 3.1% and a gross margin of 7.8%.
Five years earlier its net margin was −0.0%.
The median for 10 oil and gas pipeline stocks of a similar size is 18.5%.
Profit margin over time
Fiscal year by fiscal year
| Fiscal year | Net margin | Operating margin | Gross margin |
|---|---|---|---|
| FY2025 | 0.6% | 3.2% | 8.7% |
| FY2024 | 0.2% | 1.8% | 8.4% |
| FY2023 | 0.4% | 3.1% | 8.6% |
| FY2022 | 0.3% | 2.2% | 7.3% |
| FY2021 | 0.1% | 2.0% | 8.5% |
| FY2020 | −2.4% | −10.2% | 12.3% |
| FY2019 | 1.0% | 5.9% | 12.5% |
| FY2018 | 1.0% | 6.7% | 12.5% |
| FY2017 | −2.8% | 4.4% | 12.3% |
| FY2016 | 0.5% | 4.9% | 14.6% |
| FY2015 | 0.5% | 5.4% | 14.8% |
| FY2014 | 0.2% | 4.1% | n/a |
| FY2013 | 0.0% | 4.1% | n/a |
Quarter by quarter
| Quarter | Ended | Net margin, 12 months | Change on a year | Operating margin |
|---|---|---|---|---|
| Q2 FY26 | 1.1% | +0.8 pts | 3.1% | |
| Q1 FY26 | 0.4% | +0.1 pts | 3.3% | |
| Q4 FY25 | 0.6% | +0.4 pts | 3.2% | |
| Q3 FY25 | 0.4% | +0.1 pts | 2.3% | |
| Q2 FY25 | 0.3% | −0.0 pts | 1.7% | |
| Q1 FY25 | 0.3% | −0.1 pts | 1.8% | |
| Q4 FY24 | 0.2% | −0.2 pts | 1.8% | |
| Q3 FY24 | 0.3% | −0.1 pts | 2.6% | |
| Q2 FY24 | 0.3% | −0.1 pts | 2.7% | |
| Q1 FY24 | 0.4% | −0.0 pts | 2.9% | |
| Q4 FY23 | 0.4% | +0.1 pts | 3.1% | |
| Q3 FY23 | 0.4% | +0.0 pts | 2.1% |
Against its peers
Companies in Oil & Gas Midstream nearest Plains GP's size, closest first, today.
| Company | Profit margin |
|---|---|
| PAGPPlains GP | 1.1% |
| AROCArchrock | 21.8% |
| SWXSouthwest Gas | 29.8% |
| KGSKodiak Gas Services | 5.8% |
| KNTKKinetik | 10.4% |
| AMAntero Midstream | 30.4% |
| CPKChesapeake Utilities | 15.1% |
| DTMDT Midstream | 35.7% |
| CTRICenturi | 0.9% |
| GELGenesis Energy | 4.3% |
| WESWestern Midstream Partners | 29.6% |
| Peer median | 18.5% |
Where Plains GP ranks
What the profit margin tells you
Profit as a share of revenue at three levels: gross (after making the product), operating (after running the business) and net (after everything, including tax and interest).
Compare within an industry. 10% is superb for a retailer and poor for a software company.
More on Plains GP
Valuation data, not investment advice. Prices as of . Reported figures come from the company's filings with the SEC.