Plains GP Holdings LP (PAGP) — Cash Flow Reinvestment Rate

Latest as of March 2026: 0.31x

Plains GP Holdings LP (PAGP) has a Cash Flow Reinvestment Rate of 0.31x as of March 2026, reinvesting $130.00 Million (capex $130.00 Million ) from operating cash flow of $418.00 Million. Check Plains GP Holdings LP cash earnings quality to evaluate the quality of earnings relative to operating cash generation.

Reinvestment Rate

0.31x
(Capex + Investments) / Operating CF

Total Reinvested

$130.00 Million
Capex + Investments

Operating Cash Flow

$418.00 Million
USD

Capital Expenditures

$130.00 Million
USD

Plains GP Holdings LP Cash Flow Reinvestment Rate (2010–2025)

Historical reinvestment intensity for Plains GP Holdings LP across 16 annual periods. Explore PAGP strategic capital deployment ratio to see how much of total assets are deployed in long-term investments.

Annual Cash Flow Reinvestment Rate for Plains GP Holdings LP (2010–2025)

Year-by-year capital reinvestment analysis for Plains GP Holdings LP. For live market cap and broader valuation context, see Plains GP Holdings LP (PAGP) total market value.

Year Reinvestment Rate Total Reinvested (USD) Operating CF Capex YoY Change
2025 0.22x $643.00 Million $2.93 Billion $643.00 Million ▼ -64.0%
2024 0.61x $1.51 Billion $2.48 Billion $640.00 Million ▲ +31.7%
2023 0.46x $1.26 Billion $2.72 Billion $582.00 Million ▲ +13.5%
2022 0.41x $981.00 Million $2.40 Billion $455.00 Million ▲ +88.9%
2021 0.22x $430.00 Million $1.99 Billion $336.00 Million ▼ -82.2%
2020 1.21x $1.83 Billion $1.51 Billion $738.00 Million ▲ +2.9%
2019 1.18x $2.95 Billion $2.50 Billion $1.18 Billion ▲ +86.7%
2018 0.63x $1.64 Billion $2.60 Billion $1.63 Billion ▲ +50.8%
2017 0.42x $1.04 Billion $2.50 Billion $1.02 Billion ▼ -88.6%
2016 3.67x $2.61 Billion $711.00 Million $1.33 Billion ▲ +100.6%
2015 1.83x $2.44 Billion $1.33 Billion $2.08 Billion ▲ +14.0%
2014 1.60x $3.19 Billion $1.99 Billion $1.93 Billion ▲ +79.0%
2013 0.90x $1.75 Billion $1.95 Billion $1.61 Billion ▼ -8.3%
2012 0.98x $1.20 Billion $1.23 Billion $1.20 Billion ▲ +262.7%
2011 0.27x $635.00 Million $2.36 Billion $635.00 Million ▼ -85.2%
2010 1.82x $451.00 Million $248.00 Million $451.00 Million
Cash Flow Reinvestment Rate = (ABS(Capex) + ABS(Investments)) / Operating Cash Flow