Plains GP Holdings Past Earnings Performance
Past criteria checks 2/6
Plains GP Holdings has been growing earnings at an average annual rate of 33%, while the Oil and Gas industry saw earnings growing at 40.4% annually. Revenues have been growing at an average rate of 13.9% per year. Plains GP Holdings's return on equity is 9%, and it has net margins of 0.3%.
Key information
33.0%
Earnings growth rate
30.1%
EPS growth rate
| Oil and Gas Industry Growth | 33.7% |
| Revenue growth rate | 13.9% |
| Return on equity | 9.0% |
| Net Margin | 0.3% |
| Next Earnings Update | 07 Feb 2025 |
Recent past performance updates
Recent updates
Plains GP Holdings' Reinvigorated 1099 Distribution Is Backed By Ample Cash Flow
Apr 30Plains GP Holdings declares $0.2175 dividend
Oct 10Plains GP Holdings declares $0.2175 dividend
Jul 08Plains GP Holdings: Cash-Generating Engine Firing Up, Higher Distributions To Follow
Sep 25Plains GP Holdings: The Oil Price Recovery Foretells Higher Earnings And Distributions On The Horizon
Jul 13Plains GP Holdings EPS beats by $0.02, beats on revenue
May 04Revenue & Expenses Breakdown
How Plains GP Holdings makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 30 Sep 24 | 50,369 | 166 | 380 | 0 |
| 30 Jun 24 | 49,697 | 162 | 374 | 0 |
| 31 Mar 24 | 48,366 | 171 | 366 | 0 |
| 31 Dec 23 | 48,712 | 198 | 356 | 0 |
| 30 Sep 23 | 48,966 | 190 | 351 | 0 |
| 30 Jun 23 | 51,232 | 232 | 341 | 0 |
| 31 Mar 23 | 55,989 | 215 | 334 | 0 |
| 31 Dec 22 | 57,342 | 168 | 330 | 0 |
| 30 Sep 22 | 57,379 | 208 | 336 | 0 |
| 30 Jun 22 | 53,818 | 112 | 319 | 0 |
| 31 Mar 22 | 47,389 | 12 | 313 | 0 |
| 31 Dec 21 | 42,078 | 60 | 298 | 0 |
| 30 Sep 21 | 35,052 | -44 | 279 | 0 |
| 30 Jun 21 | 30,109 | -2 | 274 | 0 |
| 31 Mar 21 | 23,404 | 83 | 274 | 0 |
| 31 Dec 20 | 23,290 | -568 | 276 | 0 |
| 30 Sep 20 | 26,481 | -500 | 279 | 0 |
| 30 Jun 20 | 28,535 | -447 | 292 | 0 |
| 31 Mar 20 | 33,563 | -397 | 295 | 0 |
| 31 Dec 19 | 33,669 | 331 | 302 | 0 |
| 30 Sep 19 | 33,301 | 463 | 314 | 0 |
| 30 Jun 19 | 34,205 | 503 | 313 | 0 |
| 31 Mar 19 | 34,032 | 444 | 317 | 0 |
| 31 Dec 18 | 34,055 | 334 | 320 | 0 |
| 30 Sep 18 | 32,874 | -646 | 302 | 0 |
| 30 Jun 18 | 29,956 | -752 | 296 | 0 |
| 31 Mar 18 | 27,954 | -735 | 279 | 0 |
| 31 Dec 17 | 26,223 | -731 | 274 | 0 |
| 30 Sep 17 | 24,569 | 61 | 277 | 0 |
| 30 Jun 17 | 23,867 | 81 | 280 | 0 |
| 31 Mar 17 | 22,738 | 99 | 289 | 0 |
| 31 Dec 16 | 20,182 | 94 | 282 | 0 |
| 30 Sep 16 | 19,227 | 127 | 274 | 0 |
| 30 Jun 16 | 19,607 | 135 | 263 | 0 |
| 31 Mar 16 | 21,321 | 123 | 270 | 0 |
| 31 Dec 15 | 23,152 | 118 | 281 | 0 |
| 30 Sep 15 | 27,615 | 118 | 290 | 0 |
| 30 Jun 15 | 33,191 | 102 | 309 | 0 |
| 31 Mar 15 | 37,722 | 87 | 320 | 0 |
| 31 Dec 14 | 43,464 | 70 | 331 | 0 |
| 30 Sep 14 | 44,637 | 54 | 344 | 0 |
| 30 Jun 14 | 44,212 | 39 | 345 | 0 |
| 31 Mar 14 | 43,313 | 25 | 344 | 0 |
Quality Earnings: PAGP has high quality earnings.
Growing Profit Margin: PAGP's current net profit margins (0.3%) are lower than last year (0.4%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: PAGP's earnings have grown significantly by 33% per year over the past 5 years.
Accelerating Growth: PAGP's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: PAGP had negative earnings growth (-12.6%) over the past year, making it difficult to compare to the Oil and Gas industry average (-14.6%).
Return on Equity
High ROE: PAGP's Return on Equity (9%) is considered low.
Return on Assets
Return on Capital Employed
Discover strong past performing companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/10 04:57 |
| End of Day Share Price | 2025/01/10 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Plains GP Holdings, L.P. is covered by 38 analysts. 4 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Ethan Bellamy | Baird |
| Richard Gross | Barclays |
| Theresa Chen | Barclays |