Plains GP Holdings, L.P. (PAGP)
NASDAQ: PAGP · Real-Time Price · USD
28.35
-0.12 (-0.42%)
Sep 2, 2026, 4:00 PM EDT - Market closed
Plains GP Holdings Cash Flow Statement
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Operating Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | 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 |
Net Income | 554 | 260 | 103 | 198 | 168 | 60 |
Depreciation & Amortization | 973 | 953 | 901 | 912 | 968 | 777 |
Loss (Gain) From Sale of Assets | -77 | -54 | 19 | -152 | -96 | 372 |
Asset Writedown & Restructuring Costs | - | - | 140 | - | 330 | 220 |
Loss (Gain) From Sale of Investments | - | -31 | -15 | -28 | -346 | -2 |
Loss (Gain) on Equity Investments | 70 | 104 | 53 | 89 | 85 | 157 |
Stock-Based Compensation | 50 | 50 | 52 | 51 | 41 | 24 |
Other Operating Activities | 654 | 1,199 | 840 | 1,137 | 1,445 | 610 |
Change in Accounts Receivable | 207 | 207 | 94 | 79 | 649 | -2,179 |
Change in Inventory | 96 | 96 | 120 | 102 | -10 | -18 |
Change in Accounts Payable | -337 | -337 | -77 | -141 | -830 | 1,970 |
Operating Cash Flow | 2,971 | 2,931 | 2,484 | 2,722 | 2,404 | 1,991 |
Operating Cash Flow Growth | 8.27% | 18.00% | -8.74% | 13.23% | 20.74% | 31.85% |
Investing Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | 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 |
Capital Expenditures | -623 | -670 | -469 | -418 | -539 | -373 |
Sale of Property, Plant & Equipment | 101 | 81 | 11 | 328 | 132 | 884 |
Cash Acquisitions | -2,100 | -2,651 | -248 | -425 | -149 | -32 |
Investment in Securities | -2 | -2 | -4 | -33 | -14 | -94 |
Other Investing Activities | 3,380 | -197 | -165 | -154 | 44 | 1 |
Investing Cash Flow | 756 | -3,439 | -875 | -702 | -526 | 386 |
Financing Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | 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 |
Short-Term Debt Issued | - | 577 | - | 433 | - | - |
Long-Term Debt Issued | - | 4,098 | 650 | - | - | - |
Total Debt Issued | 3,608 | 4,675 | 650 | 433 | - | - |
Short-Term Debt Repaid | - | - | -40 | - | - | -712 |
Long-Term Debt Repaid | - | -2,114 | -750 | -1,100 | -750 | -200 |
Total Debt Repaid | -4,601 | -2,114 | -790 | -1,100 | -750 | -912 |
Net Debt Issued (Repaid) | -993 | 2,561 | -140 | -667 | -750 | -912 |
Common Dividends Paid | -316 | -301 | -251 | -209 | -162 | -140 |
Other Financing Activities | -1,797 | -1,786 | -1,311 | -1,095 | -1,015 | -927 |
Financing Cash Flow | -3,106 | 474 | -1,702 | -1,971 | -1,927 | -1,979 |
Net Cash Flow
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | 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 |
Foreign Exchange Rate Adjustments | -21 | 14 | -11 | - | -3 | -5 |
Net Cash Flow | 600 | -20 | -104 | 49 | -52 | 393 |
Free Cash Flow
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | 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 |
Free Cash Flow | 2,348 | 2,261 | 2,015 | 2,304 | 1,865 | 1,618 |
Free Cash Flow Growth | 6.87% | 12.21% | -12.54% | 23.54% | 15.27% | 151.63% |
Free Cash Flow Margin | 4.49% | 5.11% | 4.12% | 4.87% | 3.25% | 3.84% |
Free Cash Flow Per Share | 11.86 | 11.42 | 10.23 | 11.81 | 9.61 | 8.34 |
Levered Free Cash Flow | 1,436 | 782.5 | 865.38 | 1,283 | 1,325 | 1,003 |
Unlevered Free Cash Flow | 1,767 | 1,074 | 1,104 | 1,525 | 1,578 | 1,268 |
Additional Metrics
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | 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 |
Cash Interest Paid | 474 | 431 | 351 | 377 | 393 | 401 |
Cash Income Tax Paid | 103 | 98 | 269 | 69 | 112 | 76 |
Change in Working Capital | 405 | -34 | 137 | 40 | -191 | -227 |