Plains All American Pipeline, L.P. (PAA)

NASDAQ: PAA · Real-Time Price · USD

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19.24

+0.39 (2.07%)

At close: Jan 30, 2026, 4:00 PM EST

19.03

-0.21 (-1.09%)

Pre-market: Feb 2, 2026, 7:38 AM EST

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

Updated Nov 5, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q