Plains GP Holdings LP (PAGP) — Net Asset Quality Index
Plains GP Holdings LP (PAGP) has a Net Asset Quality Index of 40.5% as of March 2026. This metric measures the proportion of total assets financed by shareholders' equity — total assets of $31.64 Billion minus total liabilities of $18.82 Billion yields net assets of $12.82 Billion. A higher index indicates a stronger, lower-leverage balance sheet. Check PAGP asset liquidity ratio to evaluate the company's liquid asset resilience ratio.
Quality Index
Net Assets
Total Assets
Total Liabilities
Plains GP Holdings LP Net Asset Quality Index Over Time (2011–2025)
This chart shows how Plains GP Holdings LP's Net Asset Quality Index has evolved across 15 annual periods from 2011 to 2025. As of March 2026, the index stands at 40.5%, representing net assets of $12.82 Billion against total assets of $31.64 Billion USD. See PAGP working capital efficiency to evaluate short-term liquidity relative to the company's equity base.
Annual Net Asset Quality Index for Plains GP Holdings LP (2011–2025)
The table below presents the year-by-year Net Asset Quality Index for Plains GP Holdings LP from 2011 to 2025, covering 15 annual filings. Each row shows total assets, total liabilities, net assets, the quality index percentage, and the change in percentage points compared to the prior year. For market capitalisation and the full company profile, see Plains GP Holdings LP (PAGP) market capitalisation.
| Year | Quality Index | Net Assets (USD) | Total Assets | Total Liabilities | Change (pp) |
|---|---|---|---|---|---|
| 2025 | 45.5% | $14.22 Billion | $31.28 Billion | $17.06 Billion | ▼ -6.1 pp |
| 2024 | 51.6% | $14.32 Billion | $27.76 Billion | $13.44 Billion | ▼ -0.8 pp |
| 2023 | 52.4% | $14.97 Billion | $28.60 Billion | $13.62 Billion | ▲ +2.2 pp |
| 2022 | 50.1% | $14.64 Billion | $29.21 Billion | $14.57 Billion | ▲ +5.3 pp |
| 2021 | 44.8% | $12.81 Billion | $28.61 Billion | $15.80 Billion | ▲ +5.0 pp |
| 2020 | 39.8% | $9.74 Billion | $24.50 Billion | $14.76 Billion | ▼ -6.3 pp |
| 2019 | 46.0% | $13.20 Billion | $28.68 Billion | $15.48 Billion | ▼ -1.0 pp |
| 2018 | 47.0% | $12.00 Billion | $25.51 Billion | $13.51 Billion | ▲ +0.9 pp |
| 2017 | 46.2% | $12.36 Billion | $26.75 Billion | $14.39 Billion | ▲ +5.2 pp |
| 2016 | 41.0% | $10.71 Billion | $26.10 Billion | $15.40 Billion | ▲ +2.8 pp |
| 2015 | 38.2% | $9.23 Billion | $24.14 Billion | $14.91 Billion | ▼ -0.9 pp |
| 2014 | 39.1% | $9.38 Billion | $23.98 Billion | $14.60 Billion | ▲ +0.5 pp |
| 2013 | 38.6% | $8.28 Billion | $21.45 Billion | $13.17 Billion | ▲ +2.4 pp |
| 2012 | 36.2% | $6.97 Billion | $19.26 Billion | $12.29 Billion | ▼ -1.4 pp |
| 2011 | 37.6% | $5.79 Billion | $15.41 Billion | $9.62 Billion | — |