Plains All American Pipeline, L.P. (PAA)
NASDAQ: PAA · Real-Time Price · USD
23.99
-0.20 (-0.83%)
At close: Aug 19, 2026, 4:00 PM EDT
24.10
+0.11 (0.46%)
After-hours: Aug 19, 2026, 7:30 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 | 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 |
| 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% |
Cost of Revenue | 49,402 | 41,587 | 46,288 | 45,022 | 54,491 | 39,569 |
Gross Profit | 2,903 | 2,675 | 2,601 | 2,314 | 2,851 | 2,509 |
Selling, General & Admin | 331 | 333 | 328 | 299 | 325 | 275 |
Operating Expenses | 1,304 | 1,286 | 1,229 | 1,208 | 1,290 | 1,049 |
Operating Income | 1,599 | 1,389 | 1,372 | 1,106 | 1,561 | 1,460 |
Interest Expense | -614 | -554 | -430 | -386 | -405 | -425 |
Interest & Investment Income | 106 | 108 | 70 | - | - | - |
Earnings From Equity Investments | 364 | 382 | 452 | 369 | 403 | 274 |
Currency Exchange Gain (Loss) | -4 | 7 | -10 | - | - | - |
Other Non Operating Income (Expenses) | - | 1 | 4 | 102 | -219 | 19 |
EBT Excluding Unusual Items | 1,451 | 1,333 | 1,458 | 1,191 | 1,340 | 1,328 |
Merger & Restructuring Charges | -35 | -9 | - | - | - | -17 |
Gain (Loss) on Sale of Investments | - | 31 | 15 | 28 | 346 | 2 |
Gain (Loss) on Sale of Assets | 79 | 44 | -19 | 140 | 61 | 106 |
Asset Writedown | 2 | 2 | -140 | 12 | -330 | -698 |
Legal Settlements | - | - | -345 | - | - | - |
Other Unusual Items | -6 | - | - | - | - | - |
Pretax Income | 1,491 | 1,401 | 969 | 1,371 | 1,417 | 721 |
Income Tax Expense | 104 | 15 | 87 | 61 | 189 | 73 |
Earnings From Continuing Operations | 1,387 | 1,386 | 882 | 1,310 | 1,228 | 648 |
Earnings From Discontinued Operations | 1,725 | 383 | 231 | 192 | - | - |
Net Income to Company | 3,112 | 1,769 | 1,113 | 1,502 | 1,228 | 648 |
Minority Interest in Earnings | -347 | -334 | -341 | -272 | -191 | -55 |
Net Income | 2,765 | 1,435 | 772 | 1,230 | 1,037 | 593 |
Preferred Dividends & Other Adjustments | 219 | 266 | 258 | 254 | 206 | 200 |
Net Income to Common | 2,546 | 1,169 | 514 | 976 | 831 | 393 |
Net Income Growth | 308.01% | 127.43% | -47.34% | 17.45% | 111.45% | - |
Shares Outstanding (Basic) | 705 | 704 | 702 | 699 | 701 | 716 |
Shares Outstanding (Diluted) | 705 | 704 | 702 | 699 | 701 | 716 |
Shares Change | 0.28% | 0.29% | 0.43% | -0.29% | -2.10% | -1.65% |
EPS (Basic) | 3.61 | 1.66 | 0.73 | 1.40 | 1.19 | 0.55 |
EPS (Diluted) | 3.61 | 1.66 | 0.73 | 1.40 | 1.19 | 0.55 |
EPS Growth | 306.86% | 126.79% | -47.56% | 17.79% | 115.98% | - |
Additional Metrics
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 |
Free Cash Flow | 2,375 | 2,293 | 2,042 | 2,319 | 1,953 | 1,660 |
Free Cash Flow Per Share | 3.37 | 3.26 | 2.91 | 3.32 | 2.79 | 2.32 |
Dividend Per Share | 1.633 | 1.558 | 1.333 | 1.120 | 0.920 | 0.720 |
Dividend Growth | 12.01% | 16.89% | 18.97% | 21.74% | 27.78% | 0% |
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% |
Profit Margin | 4.87% | 2.64% | 1.05% | 2.06% | 1.45% | 0.93% |
Free Cash Flow Margin | 4.54% | 5.18% | 4.18% | 4.90% | 3.41% | 3.94% |
EBITDA | 2,572 | 2,342 | 2,273 | 2,015 | 2,526 | 2,234 |
EBITDA Margin | 4.92% | 5.29% | 4.65% | 4.26% | 4.41% | 5.31% |
D&A For EBITDA | 973 | 953 | 901 | 909 | 965 | 774 |
EBIT | 1,599 | 1,389 | 1,372 | 1,106 | 1,561 | 1,460 |
EBIT Margin | 3.06% | 3.14% | 2.81% | 2.34% | 2.72% | 3.47% |
Effective Tax Rate | 6.98% | 1.07% | 8.98% | 4.45% | 13.34% | 10.13% |
Revenue as Reported | 52,305 | 44,262 | 48,889 | 47,336 | 57,342 | 42,078 |