Plains All American Pipeline, L.P. (PAA)
NASDAQ: PAA · Real-Time Price · USD
17.41
+0.07 (0.40%)
Nov 28, 2025, 1:00 PM EST - Market closed
PAA Income Statement
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Fiscal Year | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | 2015 - 2019 |
|---|---|---|---|---|---|---|---|
Period Ending | Sep '25 Sep 30, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 | Dec '20 Dec 31, 2020 | 2015 - 2019 |
| 46,917 | 50,073 | 48,712 | 57,342 | 42,078 | 23,290 | Upgrade | |
Revenue Growth (YoY) | -5.32% | 2.79% | -15.05% | 36.27% | 80.67% | -30.83% | Upgrade |
Cost of Revenue | 43,790 | 46,983 | 45,946 | 54,491 | 39,569 | 21,274 | Upgrade |
Gross Profit | 3,127 | 3,090 | 2,766 | 2,851 | 2,509 | 2,016 | Upgrade |
Selling, General & Admin | 379 | 381 | 350 | 325 | 275 | 271 | Upgrade |
Operating Expenses | 1,426 | 1,407 | 1,398 | 1,290 | 1,049 | 924 | Upgrade |
Operating Income | 1,701 | 1,683 | 1,368 | 1,561 | 1,460 | 1,092 | Upgrade |
Interest Expense | -507 | -430 | -386 | -405 | -425 | -436 | Upgrade |
Interest & Investment Income | 104 | 70 | 27 | - | - | - | Upgrade |
Earnings From Equity Investments | 446 | 452 | 369 | 403 | 274 | 355 | Upgrade |
Currency Exchange Gain (Loss) | -34 | -10 | 15 | - | - | - | Upgrade |
Other Non Operating Income (Expenses) | 20 | 5 | 60 | -219 | 19 | 39 | Upgrade |
EBT Excluding Unusual Items | 1,730 | 1,770 | 1,453 | 1,340 | 1,328 | 1,050 | Upgrade |
Merger & Restructuring Charges | -7 | - | - | - | -17 | - | Upgrade |
Impairment of Goodwill | - | - | - | - | - | -2,515 | Upgrade |
Gain (Loss) on Sale of Investments | 46 | 15 | 28 | 346 | 2 | -182 | Upgrade |
Gain (Loss) on Sale of Assets | 66 | - | 140 | 61 | 106 | -178 | Upgrade |
Asset Writedown | -160 | -160 | 12 | -330 | -698 | -774 | Upgrade |
Legal Settlements | -225 | -345 | -10 | - | - | - | Upgrade |
Pretax Income | 1,450 | 1,280 | 1,623 | 1,417 | 721 | -2,599 | Upgrade |
Income Tax Expense | 113 | 167 | 121 | 189 | 73 | -19 | Upgrade |
Earnings From Continuing Operations | 1,337 | 1,113 | 1,502 | 1,228 | 648 | -2,580 | Upgrade |
Minority Interest in Earnings | -333 | -341 | -272 | -191 | -55 | -10 | Upgrade |
Net Income | 1,129 | 772 | 1,230 | 1,037 | 593 | -2,590 | Upgrade |
Preferred Dividends & Other Adjustments | 275 | 258 | 254 | 206 | 200 | 200 | Upgrade |
Net Income to Common | 854 | 514 | 976 | 831 | 393 | -2,790 | Upgrade |
Net Income Growth | 7.73% | -37.24% | 18.61% | 74.87% | - | - | Upgrade |
Shares Outstanding (Basic) | 704 | 702 | 699 | 701 | 716 | 728 | Upgrade |
Shares Outstanding (Diluted) | 704 | 702 | 699 | 701 | 716 | 728 | Upgrade |
Shares Change (YoY) | 0.32% | 0.43% | -0.29% | -2.10% | -1.65% | -9.00% | Upgrade |
EPS (Basic) | 1.21 | 0.73 | 1.40 | 1.19 | 0.55 | -3.83 | Upgrade |
EPS (Diluted) | 1.21 | 0.73 | 1.40 | 1.19 | 0.55 | -3.83 | Upgrade |
EPS Growth | 8.03% | -47.56% | 17.79% | 115.98% | - | - | Upgrade |
Free Cash Flow | 2,105 | 1,871 | 2,168 | 1,953 | 1,660 | 776 | Upgrade |
Free Cash Flow Per Share | 2.99 | 2.67 | 3.10 | 2.79 | 2.32 | 1.07 | Upgrade |
Dividend Per Share | 1.520 | 1.333 | 1.120 | 0.920 | 0.720 | 0.720 | Upgrade |
Dividend Growth | 19.68% | 18.97% | 21.74% | 27.78% | - | -50.00% | Upgrade |
Gross Margin | 6.67% | 6.17% | 5.68% | 4.97% | 5.96% | 8.66% | Upgrade |
Operating Margin | 3.63% | 3.36% | 2.81% | 2.72% | 3.47% | 4.69% | Upgrade |
Profit Margin | 1.82% | 1.03% | 2.00% | 1.45% | 0.93% | -11.98% | Upgrade |
Free Cash Flow Margin | 4.49% | 3.74% | 4.45% | 3.41% | 3.94% | 3.33% | Upgrade |
EBITDA | 2,748 | 2,709 | 2,416 | 2,526 | 2,234 | 1,745 | Upgrade |
EBITDA Margin | 5.86% | 5.41% | 4.96% | 4.41% | 5.31% | 7.49% | Upgrade |
D&A For EBITDA | 1,047 | 1,026 | 1,048 | 965 | 774 | 653 | Upgrade |
EBIT | 1,701 | 1,683 | 1,368 | 1,561 | 1,460 | 1,092 | Upgrade |
EBIT Margin | 3.63% | 3.36% | 2.81% | 2.72% | 3.47% | 4.69% | Upgrade |
Effective Tax Rate | 7.79% | 13.05% | 7.46% | 13.34% | 10.13% | - | Upgrade |
Revenue as Reported | 46,917 | 50,073 | 48,712 | 57,342 | 42,078 | 23,290 | Upgrade |
Updated Nov 5, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.