PAGP FCF Yield: current value, 10-year range and year-by-year history
Cash & Leverage
PAGP's fcf yield is right around its 10-year median of 50.0%.
FCF Yield History
PAGP FCF Yield by year
Yearly range of PAGP’s fcf yield from 2016 to 2026. Over the full period it ranged from -23.5% to 207.7%, averaging 47.7%.
| Year | Low | Average | High | Year-end |
|---|---|---|---|---|
| 2026 | 41.2% | 49.3% | 59.7% | 47.5% |
| 2025 | 42.3% | 54.4% | 65.8% | 59.9% |
| 2024 | 39.4% | 53.4% | 68.6% | 50.9% |
| 2023 | 46.1% | 72.3% | 93.8% | 47.3% |
| 2022 | 49.1% | 76.1% | 109.2% | 95.8% |
| 2021 | 33.0% | 49.7% | 84.1% | 84.1% |
| 2020 | 36.7% | 73.2% | 207.7% | 47.8% |
| 2019 | 23.9% | 39.8% | 60.2% | 38.2% |
| 2018 | 11.2% | 27.1% | 47.0% | 30.2% |
| 2017 | -20.0% | 4.2% | 30.3% | 27.0% |
| 2016 | -23.5% | -21.6% | -20.3% | -21.3% |
Free cash flow generated divided by market capitalisation. Often more reliable than earnings yield because it reflects actual cash — harder to inflate through accounting choices.
Free Cash Flow / Market Cap × 100%Think of it as the "cash earnings yield" on your investment. High FCF yield vs history suggests the market may be undervaluing the company's real cash generation ability.
- FCF can be lumpy year-to-year due to irregular capex or working capital swings. Look at 3–5 year trends, not single-year readings.
- Businesses intentionally reinvesting for growth will show low or negative FCF yield by design — this metric is less useful for high-growth phase companies.
Is PAGP FCF Yield High or Low Right Now?
Plains GP Holdings, L.P.'s FCF Yield is currently 47.5%, which is around average relative to its 10-year historical range. The 10-year median FCF Yield for PAGP is approximately 50.0%. See all PAGP valuation metrics →
Unlock 10y, 15y, 20y, and 30y history with peer comparison and CSV export.