Plains GP Holdings LP (PAGP) - Total Assets
Based on the latest financial reports, Plains GP Holdings LP (PAGP) holds total assets worth $32.76 Billion USD as of March 2026. Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments. Check Plains GP Holdings LP cash flow reinvestment rate to assess the company's total reinvestment commitment from operating cash flow.
Plains GP Holdings LP - Total Assets Trend (2011–2025)
This chart illustrates how Plains GP Holdings LP's total assets have evolved over time, based on quarterly financial data. Explore long-term investment intensity of Plains GP Holdings LP to see how much of total assets are deployed in long-term investments.
Plains GP Holdings LP - Asset Composition Analysis
Current Asset Composition (December 2025)
Plains GP Holdings LP's total assets of $32.76 Billion consist of 15.0% current assets and 85.0% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 1.1% |
| Accounts Receivable | $3.60 Billion | 11.5% |
| Inventory | $211.00 Million | 0.7% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $1.75 Billion | 5.6% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (2011–2025)
This chart illustrates how Plains GP Holdings LP's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution. For live market cap, price, and company overview, see market cap of Plains GP Holdings LP.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Plains GP Holdings LP's current assets represent 15.0% of total assets in 2025, a decrease from 28.3% in 2011.
- Cash Position: Cash and equivalents constituted 1.1% of total assets in 2025, up from 0.2% in 2011.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 5.0% of total assets, a decrease from 14.0% in 2011.
- Asset Diversification: The largest asset category is accounts receivable at 11.5% of total assets.
Plains GP Holdings LP Competitors by Total Assets
Key competitors of Plains GP Holdings LP based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Golar LNG Limited
NASDAQ:GLNG
|
USA | $5.33 Billion |
|
Kinetik Holdings Inc
NYSE:KNTK
|
USA | $7.11 Billion |
|
Source Rock Royalties Ltd
V:SRR
|
Canada | CA$24.45 Million |
|
Transportadora de Gas del Norte SA Class C
BA:TGNO4
|
Argentina | AR$1.30 Trillion |
|
CMB.TECH NV
BR:CMBT
|
Belgium | €8.37 Billion |
|
Fluxys Belgium
BR:FLUX
|
Belgium | €3.28 Billion |
|
Enbridge Inc
TO:ENB
|
Canada | CA$318.47 Billion |
|
TC Energy Corp
TO:TRP
|
Canada | CA$120.83 Billion |
Plains GP Holdings LP - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 0.94 | 1.01 | 0.92 |
| Quick Ratio | 0.88 | 0.94 | 0.81 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $-378.00 Million | $45.00 Million | $-485.00 Million |
Plains GP Holdings LP - Advanced Valuation Insights
This section examines the relationship between Plains GP Holdings LP's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | 3.78 |
| Latest Market Cap to Assets Ratio | 0.15 |
| Asset Growth Rate (YoY) | 12.7% |
| Total Assets | $31.28 Billion |
| Market Capitalization | $4.65 Billion USD |
Valuation Analysis
Below Book Valuation: The market values Plains GP Holdings LP's assets below their book value (0.15x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: Plains GP Holdings LP's assets grew by 12.7% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Plains GP Holdings LP (2011–2025)
The table below shows the annual total assets of Plains GP Holdings LP from 2011 to 2025.
| Year | Total Assets | Change |
|---|---|---|
| 2025-12-31 | $31.28 Billion | +12.68% |
| 2024-12-31 | $27.76 Billion | -2.94% |
| 2023-12-31 | $28.60 Billion | -2.09% |
| 2022-12-31 | $29.21 Billion | +2.09% |
| 2021-12-31 | $28.61 Billion | +16.79% |
| 2020-12-31 | $24.50 Billion | -14.58% |
| 2019-12-31 | $28.68 Billion | +12.41% |
| 2018-12-31 | $25.51 Billion | -4.64% |
| 2017-12-31 | $26.75 Billion | +2.49% |
| 2016-12-31 | $26.10 Billion | +8.12% |
| 2015-12-31 | $24.14 Billion | +0.66% |
| 2014-12-31 | $23.98 Billion | +11.79% |
| 2013-12-31 | $21.45 Billion | +11.39% |
| 2012-12-31 | $19.26 Billion | +24.94% |
| 2011-12-31 | $15.41 Billion | -- |
About Plains GP Holdings LP
Plains GP Holdings, L.P., through its subsidiary, Plains All American Pipeline, L.P., owns and operates midstream infrastructure systems in the United States and Canada. It operates through Crude Oil and Natural Gas Liquids (NGLs) segments. The company engages in the gathering and transporting crude oil using pipelines, trucks, and barges or railcars. It also provides terminalling, storage, and o… Read more