Plains GP Holdings LP (PAGP) — Net Asset Quality Index
Plains GP Holdings LP (PAGP) has a Net Asset Quality Index of 42.6% as of March 2026. This metric measures the proportion of total assets financed by shareholders' equity — total assets of $32.76 Billion minus total liabilities of $18.81 Billion yields net assets of $13.95 Billion. A higher index indicates a stronger, lower-leverage balance sheet. See Plains GP Holdings LP liquidity coverage in days to measure how many days the company can operate on defensive assets alone.
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 42.6%, representing net assets of $13.95 Billion against total assets of $32.76 Billion USD. Explore cash flow conversion of Plains GP Holdings LP to assess how effectively this company generates cash.
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 market cap of Plains GP Holdings LP.
| 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 | — |