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

NASDAQ: PAA · Real-Time Price · USD

22.90

+0.42 (1.87%)

At close: May 15, 2026, 4:00 PM EDT

23.05

+0.15 (0.66%)

After-hours: May 15, 2026, 7:47 PM EDT

PAA Income Statement

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	Mar '26 Mar 31, 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	45,254	44,262	48,889	47,336	57,342	42,078
Revenue Growth (YoY)	-7.12%	-9.46%	3.28%	-17.45%	36.27%	80.67%
Cost of Revenue	41,407	40,433	45,162	43,937	53,176	38,504
Gross Profit	3,847	3,829	3,727	3,399	4,166	3,574
Selling, General & Admin	337	342	328	299	325	292
Depreciation & Amortization Expenses	965	953	901	909	965	774
Other Operating Expenses	1,063	1,100	1,630	933	1,584	1,657
Total Operating Expenses	2,365	2,395	2,859	2,141	2,874	2,723
Operating Income	1,482	1,434	868	1,258	1,292	851
Interest Income	369	382	452	369	403	274
Interest Expense	-594	-554	-430	-386	-405	-425
Other Non-Operating Income (Expense)	91	139	79	130	127	21
Total Non-Operating Income (Expense)	-134	-33	101	113	125	-130
Pretax Income	1,348	1,401	969	1,371	1,417	721
Provision for Income Taxes	-9	-15	-87	-61	189	73
Net Income	1,145	1,435	772	1,230	1,037	593
Minority Interest in Earnings	339	334	341	272	191	55
Earnings From Discontinued Operations	145	383	231	192	-	-
Net Income to Common	1,145	1,435	772	1,230	1,037	593
Net Income Growth	20.65%	85.88%	-37.24%	18.61%	74.87%	-
Shares Outstanding (Basic)	1,006	704	702	699	701	1,078
Shares Outstanding (Diluted)	1,006	704	702	699	701	1,078
Shares Change (YoY)	21.95%	0.29%	0.43%	-0.29%	-34.98%	59.44%
EPS (Basic)	1.21	1.66	0.73	1.40	1.19	0.55
EPS (Diluted)	1.21	1.66	0.73	1.40	1.19	0.55
EPS Growth	37.50%	127.40%	-47.86%	17.65%	116.36%	-
Shares Outstanding	705.53	705.52	703.77	701.01	698.35	704.99
Free Cash Flow	2,133	2,293	2,042	2,319	1,953	1,660
Free Cash Flow Growth	-6.98%	12.29%	-11.95%	18.74%	17.65%	113.92%
Free Cash Flow Per Share	2.12	3.26	2.91	3.32	2.79	1.54
Dividends Per Share	1.595	1.558	1.333	1.120	0.920	0.720
Dividend Growth	2.41%	16.89%	18.97%	21.74%	27.78%	-
Gross Margin	8.50%	8.65%	7.62%	7.18%	7.27%	8.49%
Operating Margin	3.27%	3.24%	1.78%	2.66%	2.25%	2.02%
Profit Margin	2.96%	3.13%	1.80%	2.77%	2.14%	1.54%
FCF Margin	4.71%	5.18%	4.18%	4.90%	3.41%	3.95%
EBITDA	2,416	2,387	1,769	2,167	2,257	1,625
EBITDA Margin	5.34%	5.39%	3.62%	4.58%	3.94%	3.86%
EBIT	1,482	1,434	868	1,258	1,292	851
EBIT Margin	3.27%	3.24%	1.78%	2.66%	2.25%	2.02%
Effective Tax Rate	-0.67%	-1.07%	-8.98%	-4.45%	13.34%	10.12%

Updated May 8, 2026. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q