Plains GP Holdings Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	44,262	50,073	48,712	57,342	42,078
Revenue Growth (YoY)	-11.61%	2.79%	-15.05%	36.27%	80.67%
Cost of Revenue	41,587	47,328	45,956	54,491	39,569
Gross Profit	2,675	2,745	2,756	2,851	2,509
Selling, General & Admin	348	387	356	330	298
Operating Expenses	1,301	1,413	1,407	1,298	1,075
Operating Income	1,374	1,332	1,349	1,553	1,434
Interest Expense	-467	-382	-386	-405	-425
Earnings From Equity Investments	382	452	369	403	274
Currency Exchange Gain (Loss)	-	-10	15	-	-
Other Non Operating Income (Expenses)	21	27	87	-219	19
EBT Excluding Unusual Items	1,310	1,419	1,434	1,332	1,302
Gain (Loss) on Sale of Investments	31	15	28	346	2
Gain (Loss) on Sale of Assets	54	-	140	61	-
Asset Writedown	-	-160	12	-330	-592
Pretax Income	1,395	1,274	1,614	1,409	712
Income Tax Expense	92	204	189	246	112
Earnings From Continuing Operations	1,303	1,070	1,425	1,163	600
Earnings From Discontinued Operations	383	-	-	-	-
Net Income to Company	1,686	1,070	1,425	1,163	600
Minority Interest in Earnings	-1,426	-967	-1,227	-995	-540
Net Income	260	103	198	168	60
Net Income to Common	260	103	198	168	60
Net Income Growth	152.43%	-47.98%	17.86%	180.00%	-
Shares Outstanding (Basic)	198	197	195	194	194
Shares Outstanding (Diluted)	198	197	195	194	194
Shares Change (YoY)	0.51%	1.03%	0.52%	-	-21.14%
EPS (Basic)	1.31	0.52	1.02	0.87	0.31
EPS (Diluted)	1.31	0.52	1.02	0.87	0.31
EPS Growth	151.15%	-48.51%	17.25%	180.00%	-
Free Cash Flow	-	1,844	2,140	1,865	1,618
Free Cash Flow Per Share	-	9.36	10.97	9.61	8.34
Dividend Per Share	1.558	1.333	1.120	0.920	0.720
Dividend Growth	16.89%	18.97%	21.74%	27.78%	-
Gross Margin	6.04%	5.48%	5.66%	4.97%	5.96%
Operating Margin	3.10%	2.66%	2.77%	2.71%	3.41%
Profit Margin	0.59%	0.21%	0.41%	0.29%	0.14%
Free Cash Flow Margin	-	3.68%	4.39%	3.25%	3.84%
EBITDA	2,302	2,358	2,400	2,521	2,211
EBITDA Margin	5.20%	4.71%	4.93%	4.40%	5.25%
D&A For EBITDA	928	1,026	1,051	968	777
EBIT	1,374	1,332	1,349	1,553	1,434
EBIT Margin	3.10%	2.66%	2.77%	2.71%	3.41%
Effective Tax Rate	6.59%	16.01%	11.71%	17.46%	15.73%
Revenue as Reported	-	50,073	48,712	57,342	42,078

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q