Plains GP Holdings LP (PAGP) — Financial Flexibility Index

Latest as of March 2026: 0.03x

Plains GP Holdings LP (PAGP) has a Financial Flexibility Index of 0.03x as of March 2026. Free cash flow of $548.00 Million (operating CF $418.00 Million minus capex $130.00 Million) represents 0% of total liabilities ($18.81 Billion). Check PAGP PP&E to net assets ratio to assess the company's strategic physical and investment asset allocation.

Financial Flexibility Index

0.03x
Free Cash Flow / Total Liabilities

Free Cash Flow

$548.00 Million
Operating CF − Capex

Total Liabilities

$18.81 Billion
USD

Capital Expenditures

$130.00 Million
USD

Plains GP Holdings LP Financial Flexibility Index (2011–2025)

Historical Financial Flexibility Index trend for Plains GP Holdings LP across 15 annual periods. See PAGP net working capital ratio to evaluate short-term liquidity relative to the company's equity base.

Annual Financial Flexibility Index for Plains GP Holdings LP (2011–2025)

Year-by-year free cash flow to debt coverage for Plains GP Holdings LP. For the full company profile including market capitalisation, see PAGP market cap.

Year Flexibility Index Free Cash Flow (USD) Operating CF Total Liabilities YoY Change
2025 0.21x $3.57 Billion $2.93 Billion $17.06 Billion ▼ -9.9%
2024 0.23x $3.12 Billion $2.48 Billion $13.44 Billion ▼ -4.1%
2023 0.24x $3.30 Billion $2.72 Billion $13.62 Billion ▲ +23.6%
2022 0.20x $2.86 Billion $2.40 Billion $14.57 Billion ▲ +33.2%
2021 0.15x $2.33 Billion $1.99 Billion $15.80 Billion ▼ -3.3%
2020 0.15x $2.25 Billion $1.51 Billion $14.76 Billion ▼ -35.9%
2019 0.24x $3.68 Billion $2.50 Billion $15.48 Billion ▼ -24.2%
2018 0.31x $4.24 Billion $2.60 Billion $13.51 Billion ▲ +28.3%
2017 0.24x $3.52 Billion $2.50 Billion $14.39 Billion ▲ +84.1%
2016 0.13x $2.04 Billion $711.00 Million $15.40 Billion ▼ -42.0%
2015 0.23x $3.41 Billion $1.33 Billion $14.91 Billion ▼ -14.7%
2014 0.27x $3.92 Billion $1.99 Billion $14.60 Billion ▼ -0.7%
2013 0.27x $3.56 Billion $1.95 Billion $13.17 Billion ▲ +36.4%
2012 0.20x $2.44 Billion $1.23 Billion $12.29 Billion ▼ -36.3%
2011 0.31x $2.99 Billion $2.36 Billion $9.62 Billion
Financial Flexibility Index = (Operating CF − Capex) / Total Liabilities = Free Cash Flow / Total Liabilities