Plains All American Pipeline, L.P. (PAA)
NASDAQ: PAA · Real-Time Price · USD
25.86
+0.21 (0.82%)
At close: Sep 1, 2026, 4:00 PM EDT
25.86
0.00 (0.00%)
Pre-market: Sep 2, 2026, 7:37 AM EDT
PAA Financials Overview
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
| Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
| Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Revenue Revenue Growth | 52,305 | 44,262 | 48,889 | 47,336 | 57,342 | 42,078 |
Revenue Growth | 12.22% | -9.46% | 3.28% | -17.45% | 36.27% | 80.67% |
Gross Profit Gross Profit Growth | 2,903 | 2,675 | 2,601 | 2,314 | 2,851 | 2,509 |
Operating Income Operating Income Growth | 1,599 | 1,389 | 1,372 | 1,106 | 1,561 | 1,460 |
Net Income Net Income Growth | 2,546 | 1,169 | 514 | 976 | 831 | 393 |
Earnings Per Share EPS Growth | 3.61 | 1.66 | 0.73 | 1.40 | 1.19 | 0.55 |
EPS Growth | 306.86% | 126.79% | -47.56% | 17.79% | 115.98% | - |
| Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
| Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Crude Oil Crude Oil Growth | 52,379 | 44,131 | 48,720 | 47,174 | 55,080 | 40,470 |
NGL NGL Growth | 146 | 151 | 187 | 186 | 2,761 | 1,968 |
Eliminations Eliminations Growth | -219 | -20 | -18 | -24 | -499 | -360 |
Revenue (Total) Revenue (Total) Growth | 52,305 | 44,262 | 48,889 | 47,336 | 57,342 | 42,078 |
| Fiscal Year | Current | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
| Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Cash & Investments Cash & Investments Growth | 1,059 | 328 | 348 | 501 | 476 | 449 |
Total Debt Total Debt Growth | 8,635 | 11,488 | 7,840 | 8,094 | 8,825 | 9,636 |
Net Cash (Debt) Net Cash Growth | -7,576 | -11,160 | -7,492 | -7,593 | -8,349 | -9,187 |
Net Cash Growth | - | - | - | - | - | - |
Net Cash Per Share Net Cash Per Share Growth | -10.75 | -15.85 | -10.67 | -10.86 | -11.91 | -12.83 |
| Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
| Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Operating Cash Flow Operating Cash Flow Growth | 2,976 | 2,936 | 2,490 | 2,727 | 2,408 | 1,996 |
Capital Expenditures CapEx Growth | -601 | -643 | -448 | -408 | -455 | -336 |
Free Cash Flow Free Cash Flow Growth | 2,375 | 2,293 | 2,042 | 2,319 | 1,953 | 1,660 |
Free Cash Flow Growth | 6.69% | 12.29% | -11.95% | 18.74% | 17.65% | 113.92% |
| Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
| Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Gross Margin | 5.55% | 6.04% | 5.32% | 4.89% | 4.97% | 5.96% |
Operating Margin | 3.06% | 3.14% | 2.81% | 2.34% | 2.72% | 3.47% |
Pretax Margin | 2.85% | 3.17% | 1.98% | 2.90% | 2.47% | 1.71% |
Profit Margin | 4.87% | 2.64% | 1.05% | 2.06% | 1.45% | 0.93% |
FCF Margin | 4.54% | 5.18% | 4.18% | 4.90% | 3.41% | 3.94% |
| Fiscal Year | Current | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
| Period Ending | Sep '26 Sep 2, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Dividend Per Share Dividend Per Share Growth | 1.670 | 1.558 | 1.333 | 1.120 | 0.920 | 0.720 |
Dividend Per Share Growth | 12.01% | 16.89% | 18.97% | 21.74% | 27.78% | 0% |
Dividend Yield | 6.46% | 9.18% | 8.97% | 9.16% | 10.47% | 11.13% |
| Fiscal Year | Current | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
| Period Ending | Sep '26 Sep 2, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
PE Ratio | 7.16 | 10.84 | 23.38 | 10.88 | 9.88 | 16.90 |
Forward PE | 14.46 | 10.03 | 11.81 | 11.91 | 9.07 | 7.94 |
P/FCF Ratio | 7.68 | 5.53 | 5.89 | 4.58 | 4.21 | 4.00 |
PS Ratio | 0.35 | 0.29 | 0.25 | 0.22 | 0.14 | 0.16 |