$3.63B Market Cap.
PAGP Market Cap. (MRY)
PAGP Shares Outstanding (MRY)
PAGP Assets (MRY)
Total Assets
$27.76B
Total Liabilities
$13.44B
Total Investments
$2.81B
PAGP Income (MRY)
Revenue
$50.07B
Net Income
$103.00M
Operating Expense
$1.57B
PAGP Cash Flow (MRY)
CF Operations
$2.48B
CF Investing
-$875.00M
CF Financing
-$1.70B
PAGP Dividends (MRY)
Period | Dividends | Yield % | Growth % | Payout Ratio | Coverage Ratio |
|---|---|---|---|---|---|
2024 | $1.28 | 7.00% | 19.63% | 246.15% | 0.41 |
2023 | $1.07 | 6.70% | 28.45% | 105.94% | 0.94 |
2022 | $0.83 | 6.70% | 15.69% | 96.86% | 1.03 |
2021 | $0.72 | 7.10% | -20.00% | 232.26% | 0.43 |
2020 | $0.90 | 10.70% | - | -29.41% | -3.40 |
PAGP Balance Sheet (MRY)
Metric | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total Assets | $27,756,000,000 (-2.94%) | $28,597,000,000 (-2.09%) | $29,207,000,000 (-2.57%) | $29,978,000,000 (15.52%) |
Assets Current | $4,776,000,000 (-2.85%) | $4,916,000,000 (-8.25%) | $5,358,000,000 (-12.74%) | $6,140,000,000 (67.39%) |
Assets Non-Current | $22,980,000,000 (-2.96%) | $23,681,000,000 (-0.70%) | $23,849,000,000 (0.05%) | $23,838,000,000 (6.98%) |
Goodwill & Intangible Assets | $1,677,000,000 (-10.56%) | $1,875,000,000 (-12.59%) | $2,145,000,000 (9.44%) | $1,960,000,000 (143.48%) |
Shareholders Equity | $1,351,000,000 (-12.73%) | $1,548,000,000 (1.57%) | $1,524,000,000 (-0.59%) | $1,533,000,000 (4.71%) |
Property Plant & Equipment Net | $16,724,000,000 (-2.03%) | $17,071,000,000 (3.07%) | $16,563,000,000 (2.18%) | $16,209,000,000 (8.07%) |
Cash & Equivalents | $349,000,000 (-22.96%) | $453,000,000 (12.13%) | $404,000,000 (-10.62%) | $452,000,000 (617.46%) |
Accumulated Other Comprehensive Income | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Deferred Revenue | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Total Investments | $2,811,000,000 (-0.32%) | $2,820,000,000 (-8.56%) | $3,084,000,000 (-18.95%) | $3,805,000,000 (1.09%) |
Investments Current | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Investments Non-Current | $2,811,000,000 (-0.32%) | $2,820,000,000 (-8.56%) | $3,084,000,000 (-18.95%) | $3,805,000,000 (1.09%) |
Inventory | $719,000,000 (-11.56%) | $813,000,000 (-19.74%) | $1,013,000,000 (-2.22%) | $1,036,000,000 (33.33%) |
Trade & Non-Trade Receivables | $3,901,000,000 (3.75%) | $3,760,000,000 (-3.76%) | $3,907,000,000 (-16.96%) | $4,705,000,000 (84.29%) |
Trade & Non-Trade Payables | $3,881,000,000 (0.94%) | $3,845,000,000 (-4.94%) | $4,045,000,000 (-15.92%) | $4,811,000,000 (98.39%) |
Accumulated Retained Earnings (Deficit) | - | - | - | - |
Tax Assets | $1,220,000,000 (-1.53%) | $1,239,000,000 (-5.35%) | $1,309,000,000 (-3.89%) | $1,362,000,000 (-5.68%) |
Tax Liabilities | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Total Debt | $7,934,000,000 (-1.13%) | $8,025,000,000 (-8.33%) | $8,754,000,000 (-8.42%) | $9,559,000,000 (-9.22%) |
Debt Current | $408,000,000 (-8.52%) | $446,000,000 (-61.52%) | $1,159,000,000 (41.00%) | $822,000,000 (-1.08%) |
Debt Non-Current | $7,526,000,000 (-0.70%) | $7,579,000,000 (-0.21%) | $7,595,000,000 (-13.07%) | $8,737,000,000 (-9.92%) |
Total Liabilities | $13,440,000,000 (-1.36%) | $13,625,000,000 (-6.48%) | $14,569,000,000 (-7.80%) | $15,801,000,000 (7.05%) |
Liabilities Current | $4,924,000,000 (-1.62%) | $5,005,000,000 (-15.07%) | $5,893,000,000 (-5.47%) | $6,234,000,000 (46.51%) |
Liabilities Non-Current | $8,516,000,000 (-1.21%) | $8,620,000,000 (-0.65%) | $8,676,000,000 (-9.31%) | $9,567,000,000 (-8.94%) |
PAGP Income Statement (MRY)
Metric | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Revenues | $50,073,000,000 (2.79%) | $48,712,000,000 (-15.05%) | $57,342,000,000 (36.28%) | $42,078,000,000 (80.67%) |
Cost of Revenue | $47,328,000,000 (2.99%) | $45,956,000,000 (-15.66%) | $54,491,000,000 (37.71%) | $39,569,000,000 (83.98%) |
Selling General & Administrative Expense | $387,000,000 (8.71%) | $356,000,000 (7.88%) | $330,000,000 (10.74%) | $298,000,000 (7.97%) |
Research & Development Expense | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Operating Expenses | $1,573,000,000 (25.34%) | $1,255,000,000 (-19.91%) | $1,567,000,000 (-6.00%) | $1,667,000,000 (-59.99%) |
Interest Expense | $382,000,000 (-1.04%) | $386,000,000 (-4.69%) | $405,000,000 (-4.71%) | $425,000,000 (-2.52%) |
Income Tax Expense | $204,000,000 (7.94%) | $189,000,000 (-23.17%) | $246,000,000 (119.64%) | $112,000,000 (167.07%) |
Net Loss Income from Discontinued Operations | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Consolidated Income | $1,070,000,000 (-24.91%) | $1,425,000,000 (22.53%) | $1,163,000,000 (93.83%) | $600,000,000 (124.59%) |
Net Income to Non-Controlling Interests | $967,000,000 (-21.19%) | $1,227,000,000 (23.32%) | $995,000,000 (84.26%) | $540,000,000 (128.85%) |
Net Income | $103,000,000 (-47.98%) | $198,000,000 (17.86%) | $168,000,000 (180.00%) | $60,000,000 (110.56%) |
Preferred Dividends Income Statement Impact | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Net Income Common Stock | $103,000,000 (-47.98%) | $198,000,000 (17.86%) | $168,000,000 (180.00%) | $60,000,000 (110.56%) |
Weighted Average Shares | $197,000,000 (1.03%) | $195,000,000 (0.52%) | $194,000,000 (0.00%) | $194,000,000 (4.30%) |
Weighted Average Shares Diluted | $197,000,000 (1.03%) | $195,000,000 (0.52%) | $194,000,000 (0.00%) | $194,000,000 (-21.14%) |
Earning Before Interest & Taxes (EBIT) | $689,000,000 (-10.87%) | $773,000,000 (-5.62%) | $819,000,000 (37.19%) | $597,000,000 (299.67%) |
Gross Profit | $2,745,000,000 (-0.40%) | $2,756,000,000 (-3.33%) | $2,851,000,000 (13.63%) | $2,509,000,000 (40.72%) |
Operating Income | $1,172,000,000 (-21.92%) | $1,501,000,000 (16.90%) | $1,284,000,000 (52.49%) | $842,000,000 (135.33%) |
PAGP Cash Flow Statement (MRY)
Metric | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Net Cash Flow from Investing | -$875,000,000 (-24.64%) | -$702,000,000 (-33.46%) | -$526,000,000 (-236.27%) | $386,000,000 (135.32%) |
Net Cash Flow from Financing | -$1,702,000,000 (13.65%) | -$1,971,000,000 (-2.28%) | -$1,927,000,000 (2.63%) | -$1,979,000,000 (-360.23%) |
Net Cash Flow from Operations | $2,484,000,000 (-8.74%) | $2,722,000,000 (13.23%) | $2,404,000,000 (20.74%) | $1,991,000,000 (31.85%) |
Net Cash Flow / Change in Cash & Cash Equivalents | -$104,000,000 (-312.24%) | $49,000,000 (194.23%) | -$52,000,000 (-113.23%) | $393,000,000 (1971.43%) |
Net Cash Flow - Business Acquisitions and Disposals | -$252,000,000 (44.98%) | -$458,000,000 (-180.98%) | -$163,000,000 (-29.37%) | -$126,000,000 (83.66%) |
Net Cash Flow - Investment Acquisitions and Disposals | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Capital Expenditure | -$640,000,000 (-11.69%) | -$573,000,000 (-22.70%) | -$467,000,000 (-26.22%) | -$370,000,000 (50.60%) |
Issuance (Repayment) of Debt Securities | -$140,000,000 (79.01%) | -$667,000,000 (11.07%) | -$750,000,000 (17.76%) | -$912,000,000 (-313.58%) |
Issuance (Purchase) of Equity Shares | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Payment of Dividends & Other Cash Distributions | -$251,000,000 (-20.10%) | -$209,000,000 (-29.01%) | -$162,000,000 (-15.71%) | -$140,000,000 (15.66%) |
Effect of Exchange Rate Changes on Cash | -$11,000,000 (0%) | $0 (0%) | -$3,000,000 (40.00%) | -$5,000,000 (37.50%) |
Share Based Compensation | $52,000,000 (1.96%) | $51,000,000 (24.39%) | $41,000,000 (70.83%) | $24,000,000 (50.00%) |
Depreciation Amortization & Accretion | $1,026,000,000 (-2.38%) | $1,051,000,000 (8.57%) | $968,000,000 (24.58%) | $777,000,000 (18.45%) |
PAGP Financial Metrics (MRY)
Metric | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Gross Margin | 5.50% (-3.51%) | 5.70% (14.00%) | 5.00% (-16.67%) | 6.00% (-22.08%) |
Profit Margin | 0.20% (-50.00%) | 0.40% (33.33%) | 0.30% (200.00%) | 0.10% (104.17%) |
EBITDA Margin | 3.40% (-8.11%) | 3.70% (19.35%) | 3.10% (-6.06%) | 3.30% (120.00%) |
Return on Average Equity (ROAE) | 7.10% (-44.53%) | 12.80% (16.36%) | 11.00% (168.29%) | 4.10% (110.57%) |
Return on Average Assets (ROAA) | 0.40% (-42.86%) | 0.70% (16.67%) | 0.60% (200.00%) | 0.20% (109.09%) |
Return on Sales (ROS) | 1.40% (-12.50%) | 1.60% (14.29%) | 1.40% (0.00%) | 1.40% (207.69%) |
Return on Invested Capital (ROIC) | 2.40% (-11.11%) | 2.70% (0.00%) | 2.70% (42.11%) | 1.90% (311.11%) |
Dividend Yield | 7.00% (4.48%) | 6.70% (0.00%) | 6.70% (-5.63%) | 7.10% (-33.64%) |
Price to Earnings Ratio (P/E) | 35.35 (123.82%) | 15.79 (9.17%) | 14.46 (-55.78%) | 32.71 (1284.72%) |
Price to Sales Ratio (P/S) | 0.07 (12.50%) | 0.06 (52.38%) | 0.04 (-10.64%) | 0.05 (-29.85%) |
Price to Book Ratio (P/B) | 2.69 (32.71%) | 2.02 (27.62%) | 1.59 (23.52%) | 1.28 (18.45%) |
Debt to Equity Ratio (D/E) | 9.95 (13.02%) | 8.8 (-7.93%) | 9.56 (-7.25%) | 10.31 (2.22%) |
Earnings Per Share (EPS) | 0.52 (-48.51%) | 1.01 (17.44%) | 0.86 (177.42%) | 0.31 (110.13%) |
Sales Per Share (SPS) | 254.18 (1.75%) | 249.81 (-15.49%) | 295.58 (36.28%) | 216.9 (73.22%) |
Free Cash Flow Per Share (FCFPS) | 9.36 (-15.07%) | 11.02 (10.38%) | 9.98 (19.49%) | 8.36 (104.25%) |
Book Value Per Share (BVPS) | 6.86 (-13.61%) | 7.94 (1.04%) | 7.86 (-0.58%) | 7.9 (0.39%) |
Tangible Assets Book Value Per Share (TABVPS) | 132.38 (-3.40%) | 137.04 (-1.76%) | 139.5 (-3.41%) | 144.42 (6.83%) |
Enterprise Value Over EBIT (EV/EBIT) | 16 (14.29%) | 14 (7.69%) | 13 (-31.58%) | 19 (147.50%) |
Enterprise Value Over EBITDA (EV/EBITDA) | 6.55 (7.09%) | 6.12 (3.75%) | 5.9 (-28.27%) | 8.22 (-75.64%) |
Asset Turnover | 1.77 (3.82%) | 1.7 (-10.80%) | 1.91 (23.74%) | 1.54 (69.26%) |
Current Ratio | 0.97 (-1.22%) | 0.98 (8.03%) | 0.91 (-7.72%) | 0.98 (14.27%) |
Dividends | $1.28 (19.63%) | $1.07 (28.45%) | $0.83 (15.69%) | $0.72 (-20.00%) |
Free Cash Flow (FCF) | $1,844,000,000 (-14.19%) | $2,149,000,000 (10.94%) | $1,937,000,000 (19.49%) | $1,621,000,000 (113.01%) |
Enterprise Value (EV) | $11,234,419,548 (0.70%) | $11,156,847,322 (5.88%) | $10,536,918,661 (-6.70%) | $11,293,604,088 (-6.25%) |
Earnings Before Tax (EBT) | $307,000,000 (-20.67%) | $387,000,000 (-6.52%) | $414,000,000 (140.70%) | $172,000,000 (123.40%) |
Earnings Before Interest Taxes & Depreciation Amortization (EBITDA) | $1,715,000,000 (-5.98%) | $1,824,000,000 (2.07%) | $1,787,000,000 (30.06%) | $1,374,000,000 (284.87%) |
Invested Capital | $28,740,000,000 (-1.87%) | $29,289,000,000 (-0.78%) | $29,519,000,000 (-4.44%) | $30,891,000,000 (-1.49%) |
Working Capital | -$148,000,000 (-66.29%) | -$89,000,000 (83.36%) | -$535,000,000 (-469.15%) | -$94,000,000 (83.99%) |
Tangible Asset Value | $26,079,000,000 (-2.41%) | $26,722,000,000 (-1.26%) | $27,062,000,000 (-3.41%) | $28,018,000,000 (11.42%) |
Market Capitalization | $3,629,419,548 (15.85%) | $3,132,847,322 (29.62%) | $2,416,918,661 (22.77%) | $1,968,604,088 (24.06%) |
Average Equity | $1,455,250,000 (-5.98%) | $1,547,750,000 (1.66%) | $1,522,500,000 (4.48%) | $1,457,250,000 (-0.50%) |
Average Assets | $28,342,500,000 (-0.99%) | $28,625,000,000 (-4.75%) | $30,053,500,000 (10.12%) | $27,291,000,000 (6.71%) |
Invested Capital Average | $29,138,750,000 (-0.11%) | $29,169,750,000 (-2.85%) | $30,025,000,000 (-2.44%) | $30,774,750,000 (-3.62%) |
Shares | 197,465,699 (0.53%) | 196,416,760 (1.10%) | 194,286,066 (0.07%) | 194,142,415 (3.38%) |
