← PLAINS GP HOLDINGS LP

Annual Trend FY 2016 FY 2017 FY 2018 FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025 TTM
Total Revenue $20.2b
$26.2b +29.93%
$34.1b +29.87%
$33.7b -1.13%
$23.3b -30.83%
$42.1b +80.67%
$57.3b +36.28%
$48.7b -15.05%
$50.1b +2.79%
$44.3b -11.61%
$45.3b +2.24%
(Gains)/losses on asset sales, asset impairments and other, net (Note 7, Note 8) ($20.0m) $109.0m ($114.0m) $28.0m $719.0m $592.0m $269.0m ($152.0m) $160.0m ($54.0m) —
Cost of Revenue $17.2b
$23.0b +33.38%
$29.8b +29.62%
$29.5b -1.14%
$20.4b -30.63%
$38.5b +88.46%
$53.2b +38.11%
$44.5b -16.26%
$45.6b +2.31%
$40.4b -11.25%
$42.4b +4.80%
Gross Profit (Calculated) $2.9b
$3.2b +9.80%
$4.3b +31.62%
$4.2b -1.06%
$2.9b -32.20%
$3.6b +25.01%
$4.2b +16.56%
$4.2b +0.36%
$4.5b +7.94%
$3.8b -15.16%
—
General and Administrative Expense $282.0m $280.0m $320.0m $302.0m $276.0m $298.0m $330.0m $356.0m $387.0m $348.0m $345.0m
Amortization of Intangible Assets $44.0m $54.0m $66.0m $76.0m $90.0m $122.0m $254.0m $308.0m $266.0m $280.0m —
Operating Lease, Lease Income — — — — — $28.0m $29.0m $32.0m $26.0m $8.0m —
Operating expenses:
Field operating costs $1.2b $1.2b $1.3b $1.3b $1.1b $1.1b $1.3b $1.4b $1.8b $1.2b —
Operating Costs and Expenses $1.2b $1.2b $1.3b $1.3b $1.1b $1.1b $1.3b $1.4b $1.8b $1.2b —
Total costs and expenses $19.2b $25.1b $31.8b $31.7b $25.7b $41.2b $56.1b $47.2b $48.9b $42.8b $43.9b
Operating Income (Loss) $990.0m
$1.1b +15.86%
$2.3b +98.08%
$2.0b -12.85%
($2.4b) -220.35%
$842.0m +135.33%
$1.3b +52.49%
$1.5b +16.90%
$1.2b -21.92%
$1.4b +21.84%
$1.4b -3.22%
Interest Expense $480.0m $510.0m $431.0m $425.0m $436.0m $425.0m $405.0m $386.0m $382.0m $467.0m $504.0m
Foreign Currency Transaction Gain (Loss), before Tax ($8.0m) $21.0m $1.0m $1.0m $16.0m $7.0m ($41.0m) ($8.0m) $17.0m ($13.0m) —
Income (Loss) from Equity Method Investments $195.0m $290.0m $375.0m $388.0m $355.0m $274.0m $403.0m $369.0m $452.0m $382.0m —
Other Nonoperating Income (Expense) $33.0m ($31.0m) ($7.0m) $24.0m $39.0m $19.0m ($219.0m) $102.0m $17.0m $21.0m —
Other income, net $33.0m ($31.0m) ($7.0m) $24.0m $39.0m $19.0m ($219.0m) $102.0m $17.0m $21.0m $441.0m
Income (Loss) from Continuing Operations before Income Taxes, Domestic — — — — — — — — — $1.4b $1.3b
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest $738.0m $896.0m $2.4b $2.2b ($2.6b) $712.0m $1.4b $1.6b $1.3b $1.4b $1.3b
Current Income Tax Expense (Benefit) $85.0m $28.0m $66.0m $112.0m $51.0m $50.0m $84.0m $145.0m $195.0m $1.0m $68.0m
Deferred income tax expense from continuing operations $7.0m ($909.0m) ($236.0m) ($64.0m) $218.0m ($62.0m) ($162.0m) ($44.0m) ($9.0m) ($91.0m) —
Income Tax Expense (Benefit) $78.0m $937.0m $302.0m $176.0m ($167.0m) $112.0m $246.0m $189.0m $204.0m $92.0m $68.0m
Basic net income per Class A share (in usd per share) $1 ($5) $2 $2 ($3) $0 $1 $1 $1 $1 —
Diluted net income per Class A share (in usd per share) $1 ($5) $2 $2 ($3) $0 $1 $1 $1 $1 —
Net income attributable to PAGP from continuing operations — — — — — — — $144.0m $39.0m $152.0m —
Net income attributable to PAGP from discontinued operations — — — — — — — $54.0m $64.0m $108.0m —
Net Income (Loss) Attributable to Parent $94.0m
($731.0m) -877.66%
$334.0m +145.69%
$331.0m -0.90%
($568.0m) -271.60%
$60.0m +110.56%
$168.0m +180.00%
$198.0m +17.86%
$103.0m -47.98%
$260.0m +152.43%
$196.0m -24.62%
Net Income (Loss) Attributable to Noncontrolling Interest $566.0m $690.0m $1.8b $1.7b ($1.9b) $540.0m $995.0m $1.2b $967.0m $1.4b $196.0m
Net income attributable to noncontrolling interests ($566.0m) ($690.0m) ($1.8b) ($1.7b) $1.9b ($540.0m) ($995.0m) ($1.2b) ($967.0m) ($1.4b) —
Net income attributable to noncontrolling interests from continuing operations — — — — — — — ($1.1b) ($800.0m) ($1.2b) —
Net income attributable to noncontrolling interests from discontinued operations — — — — — — — ($138.0m) ($167.0m) ($275.0m) —
Continuing operations (in usd per share) — — — — — — — $0.74 $0.19 $0.77 —
Discontinued operations (in usd per share) — — — — — — — $0.26 $0.32 $0.53 —
Basic weighted average Class A shares outstanding (in shares) 99.0m 145.0m 158.0m 168.0m 186.0m 194.0m 194.0m 195.0m 197.0m 198.0m —
Diluted weighted average Class A shares outstanding (in shares) 99.0m 145.0m 282.0m 170.0m 246.0m 194.0m 194.0m 195.0m 197.0m 233.0m —
Additional Financial Items
Business Combination, Acquisition Related Costs — $6.0m $0 — $3.0m — — — — — —
Depreciation and amortization $495.0m $628.0m $521.0m $604.0m $656.0m $777.0m $968.0m $1.1b $1.0b $953.0m —
Equity earnings in unconsolidated entities $195.0m $290.0m $375.0m $388.0m $355.0m $274.0m $403.0m $369.0m $452.0m $382.0m —
Gain on investments in unconsolidated entities, net (Note 8, Note 9) — — — — — $2.0m $346.0m $28.0m $15.0m $31.0m —
Goodwill, Impairment Loss — — — — $2.5b $0 $0 — — — $0
INCOME FROM CONTINUING OPERATIONS BEFORE TAX $738.0m $896.0m $2.4b $2.2b ($2.6b) $712.0m $1.4b $1.6b $1.3b $1.4b
INCOME FROM CONTINUING OPERATIONS, NET OF TAX $1.2b $839.0m $1.3b
INCOME FROM DISCONTINUED OPERATIONS, NET OF TAX (NOTE 3) $192.0m $231.0m $383.0m
Purchases and related costs $17.2b $23.0b $29.8b $29.5b $20.4b $38.5b $53.2b $44.5b $45.6b $40.4b —
Income (Loss) from Continuing Operations, Net of Tax, Attributable to Parent — — — — — — — — — $152.0m —
Income (Loss) from Continuing Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest — — — — — — — — — $1.3b —
Income (Loss) from Discontinued Operations, Net of Tax, Attributable to Parent — — — — — — — — — $108.0m —
Income (Loss) from Discontinued Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest — — — — — — — — — $383.0m —

Amounts are shown in USD as reported in each fiscal year filing.

Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.