Archrock (AROC) vs Plains GP L.P. (PAGP)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 9, 2026.
Summary
Plains GP L.P. (PAGP) has outperformed Archrock (AROC) over the past year, gaining 51.0% versus a gain of 17.4%. Over five years, AROC leads with a +251.2% price change compared with +126.5% for PAGP. Plains GP L.P. is the larger company by market cap ($6.19 billion vs $5.32 billion), about 1.2 times the size, while Archrock is growing revenue faster (+28.7% vs -9.5%).
On valuation, Plains GP L.P. trades at a lower forward P/E (12.9x vs 13.9x for Archrock). Plains GP L.P. offers the higher dividend yield (6.15% vs 2.90%). Archrock converts more of its revenue into profit, with a net margin of 21.6% versus 0.6%.
Summary generated from market data by MetaCap's automated system. Methodology
Relative performance
Percent change in share price from the first common trading day shown; excludes dividends.
Head-to-head
| Metric | AROC | PAGP |
|---|---|---|
| Share price | $30.34 | $26.57 |
| Market cap | $5.32B | $6.19B |
| 1-day change | +0.83% | +1.37% |
| YTD return | +16.60% | +38.82% |
| 1-year return | +17.41% | +50.97% |
| 5-year return | +251.16% | +126.51% |
| P/E ratio (TTM) | 16.31 | 60.39 |
| Forward P/E | 13.95 | 12.86 |
| EPS (TTM) | $1.86 | $0.44 |
| Dividend yield | 2.90% | 6.15% |
| Annual dividend | $0.88 | $1.63 |
| Revenue (latest FY) | $1.49B | $44.26B |
| Revenue growth (YoY) | +28.70% | -9.46% |
| Net income (latest FY) | $322.29M | $260.00M |
| Gross margin | 48.57% | 8.65% |
| Operating margin | — | 3.23% |
| Net margin | 21.63% | 0.59% |
| 52-week high | $42.23 | $28.70 |
| 52-week low | $22.88 | $16.68 |
| Distance from 52-week high | -28.16% | -7.42% |
| Analyst consensus | strong_buy | buy |
| Avg. price target upside | +40.08% | -1.84% |
| Average volume | 1.74M | 1.64M |
| Shares outstanding | 175.34M | 197.90M |
| Employees | 1,350 | — |
| Sector | Utilities | Energy |
| Industry | Natural Gas Distribution | Natural Gas Distribution |
Highlighted cells mark the higher value for growth, returns, margins and yield, and the lower value for P/E ratios. Highlighting is a mechanical comparison, not a recommendation.
Key differences
- PAGP has outperformed AROC by 33.6 percentage points over the past year.
- Plains GP L.P. trades at a higher earnings multiple (60.4x vs 16.3x trailing P/E).
- Plains GP L.P. offers a meaningfully higher dividend yield (6.15% vs 2.90%).
- Archrock is more profitable, keeping 21.6 cents of every revenue dollar as net income versus 0.6 cents for Plains GP L.P..
- Archrock grew revenue faster in its latest fiscal year (+28.70% vs -9.46%).
- The two companies sit in different sectors: Archrock in Utilities and Plains GP L.P. in Energy.
About Archrock
AROC stock →Archrock, Inc., together with its subsidiaries, operates as an energy infrastructure company in the United States. The company operates in two segments, Contract Operations and Aftermarket Services.
Utilities · Natural Gas Distribution · 1,350 employees
About Plains GP L.P.
PAGP stock →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.
Energy · Natural Gas Distribution
AROC vs PAGP FAQ
Which is bigger, Archrock or Plains GP L.P.?
Plains GP L.P. (PAGP) is larger, with a market capitalization of $6.19B compared with $5.32B for Archrock (AROC).
Which stock has performed better over the past year, AROC or PAGP?
PAGP returned +50.97% over the past 12 months, compared with +17.41% for AROC (price return, excluding dividends). Past performance does not predict future results.
Which has the lower P/E ratio, AROC or PAGP?
AROC has the lower trailing P/E at 16.3, versus 60.4 for PAGP. A lower P/E is not by itself a sign of a better investment; it can reflect slower expected growth or higher risk.
Which pays a higher dividend, Archrock or Plains GP L.P.?
Plains GP L.P. has the higher yield at 6.15%, compared with 2.90% for Archrock.
Are Archrock and Plains GP L.P. in the same industry?
Yes. Both are classified in the Natural Gas Distribution industry within the Utilities sector.