Plains GP Holdings LP Tangible Net Worth Ratio
Plains GP Holdings LP tangible net worth ratio. Plains GP Holdings LP (PAGP) has a Tangible Net Worth Ratio of 89.5% as of June 2026. This metric is calculated by deducting intangible assets ($1.61 Billion) from net assets ($15.31 Billion) and expressing it as a percentage of total net assets. A higher ratio means that more of the company's equity is backed by tangible, balance-sheet-verifiable assets rather than goodwill, patents, or brand value. Check PAGP capital-intensive asset ratio to assess the company's strategic physical and investment asset allocation.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Tangible Net Worth Ratio of Plains GP Holdings LP (2011–2025)
Tangible net worth ratio of Plains GP Holdings LP from 2011 to 2025. This chart shows how Plains GP Holdings LP's Tangible Net Worth Ratio has changed across 15 annual periods from 2011 to 2025. As of June 2026, the ratio stands at 89.5%, reflecting net assets of $15.31 Billion with intangible assets of $1.61 Billion USD. See working capital position of Plains GP Holdings LP to evaluate short-term liquidity relative to the company's equity base.
Plains GP Holdings LP Tangible Net Worth Ratio by Year (2011–2025)
Plains GP Holdings LP tangible net worth ratio by year from 2011 to 2025. The table below presents the year-by-year Tangible Net Worth Ratio for Plains GP Holdings LP from 2011 to 2025, covering 15 annual filings. Each row shows net assets, intangible assets, total assets, the tangible net worth ratio, and the change in percentage points versus the prior year. For live market cap and overall valuation, see market cap of Plains GP Holdings LP.
| Year | Tangible NW Ratio | Net Assets (USD) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2025 | 87.7% | $14.22 Billion | $1.75 Billion | $31.28 Billion | ▼ -0.6 pp |
| 2024 | 88.3% | $14.32 Billion | $1.68 Billion | $27.76 Billion | ▲ +0.8 pp |
| 2023 | 87.5% | $14.97 Billion | $1.88 Billion | $28.60 Billion | ▲ +2.1 pp |
| 2022 | 85.3% | $14.64 Billion | $2.15 Billion | $29.21 Billion | ▲ +0.6 pp |
| 2021 | 84.7% | $12.81 Billion | $1.96 Billion | $28.61 Billion | ▼ -7.0 pp |
| 2020 | 91.7% | $9.74 Billion | $805.00 Million | $24.50 Billion | ▼ -2.9 pp |
| 2019 | 94.6% | $13.20 Billion | $707.00 Million | $28.68 Billion | ▲ +1.1 pp |
| 2018 | 93.6% | $12.00 Billion | $772.00 Million | $25.51 Billion | ▲ +0.4 pp |
| 2017 | 93.2% | $12.36 Billion | $844.00 Million | $26.75 Billion | ▼ -4.6 pp |
| 2016 | 97.7% | $10.71 Billion | $242.00 Million | $26.10 Billion | ▲ +0.8 pp |
| 2015 | 96.9% | $9.23 Billion | $283.00 Million | $24.14 Billion | ▲ +0.8 pp |
| 2014 | 96.1% | $9.38 Billion | $366.00 Million | $23.98 Billion | ▲ +1.2 pp |
| 2013 | 94.9% | $8.28 Billion | $420.00 Million | $21.45 Billion | ▲ +1.7 pp |
| 2012 | 93.2% | $6.97 Billion | $473.00 Million | $19.26 Billion | ▲ +0.6 pp |
| 2011 | 92.6% | $5.79 Billion | $430.00 Million | $15.41 Billion | — |