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

NASDAQ: PAA · Real-Time Price · USD

20.89

+0.19 (0.92%)

At close: Feb 20, 2026, 4:00 PM EST

20.98

+0.09 (0.45%)

After-hours: Feb 20, 2026, 7:51 PM EST

PAA Cash Flow Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	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
Net Income	1,435	772	1,230	1,037	593
Depreciation & Amortization	953	1,026	1,048	965	774
Loss (Gain) From Sale of Assets	-54	20	-152	-61	-103
Asset Writedown & Restructuring Costs	-	140	-	330	695
Loss (Gain) From Sale of Investments	-31	-15	-28	-346	-2
Loss (Gain) on Equity Investments	104	53	89	85	157
Stock-Based Compensation	49	50	50	40	23
Other Operating Activities	30	370	296	549	86
Change in Accounts Receivable	-	94	213	649	-2,179
Change in Inventory	-	70	223	-10	-18
Change in Accounts Payable	-	-90	-242	-830	1,970
Change in Other Net Operating Assets	-34	-	-	-	-
Operating Cash Flow	2,936	2,490	2,727	2,408	1,996
Operating Cash Flow Growth	17.91%	-8.69%	13.25%	20.64%	31.84%
Capital Expenditures	-	-619	-559	-455	-336
Sale of Property, Plant & Equipment	-	13	328	60	881
Cash Acquisitions	-	-248	-425	-149	-32
Investment in Securities	-	-4	-33	-14	-94
Other Investing Activities	-3,769	-646	-13	32	-33
Investing Cash Flow	-3,769	-1,504	-702	-526	386
Short-Term Debt Issued	-	629	433	-	-
Long-Term Debt Issued	-	650	-	-	-
Total Debt Issued	-	1,279	433	-	-
Short-Term Debt Repaid	-	-40	-	-	-545
Long-Term Debt Repaid	-	-750	-1,100	-750	-367
Total Debt Repaid	-	-790	-1,100	-750	-912
Net Debt Issued (Repaid)	-	489	-667	-750	-912
Repurchase of Common Stock	-	-	-	-74	-178
Preferred Dividends Paid	-	-254	-241	-198	-198
Common Dividends Paid	-	-891	-748	-584	-517
Dividends Paid	-	-1,145	-989	-782	-715
Other Financing Activities	799	-421	-320	-325	-179
Financing Cash Flow	799	-1,077	-1,976	-1,931	-1,984
Foreign Exchange Rate Adjustments	14	-11	-	-3	-5
Net Cash Flow	-20	-102	49	-52	393
Free Cash Flow	2,936	1,871	2,168	1,953	1,660
Free Cash Flow Growth	56.92%	-13.70%	11.01%	17.65%	113.92%
Free Cash Flow Margin	6.63%	3.74%	4.45%	3.41%	3.94%
Free Cash Flow Per Share	4.17	2.67	3.10	2.79	2.32
Cash Interest Paid	-	381	377	393	401
Cash Income Tax Paid	-	269	69	112	76
Levered Free Cash Flow	1,455	1,189	1,447	1,410	1,052
Unlevered Free Cash Flow	1,802	1,458	1,688	1,663	1,318
Change in Working Capital	-34	74	194	-191	-227

Updated Feb 6, 2026. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q