Plains All American Pipeline, L.P. (PAA)
NASDAQ: PAA · Real-Time Price · USD
24.82
-0.07 (-0.28%)
At close: Jul 30, 2026, 4:00 PM EDT
24.88
+0.06 (0.24%)
After-hours: Jul 30, 2026, 7:56 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 |
| 12,470 | 44,262 | 48,889 | 47,336 | 57,342 | 42,078 | |
Revenue Growth | -74.41% | -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 | -28,937 | 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 | 1,339 | 1,386 | 882 | 1,310 | 1,228 | 648 |
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) | 946 | 704 | 702 | 699 | 701 | 1,078 |
Shares Outstanding (Diluted) | 946 | 704 | 702 | 699 | 701 | 1,078 |
Shares Change | -12.25% | 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% | - |
Additional Metrics
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 |
Free Cash Flow | 2,133 | 2,293 | 2,042 | 2,319 | 1,953 | 1,660 |
Free Cash Flow Growth | 43.25% | 12.29% | -11.95% | 18.74% | 17.65% | 113.92% |
Free Cash Flow Per Share | 2.25 | 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 | 14.34% | 16.89% | 18.97% | 21.74% | 27.78% | 0% |
Gross Margin | -232.05% | 8.65% | 7.62% | 7.18% | 7.27% | 8.49% |
Operating Margin | 11.88% | 3.24% | 1.78% | 2.66% | 2.25% | 2.02% |
Profit Margin | 10.74% | 3.13% | 1.80% | 2.77% | 2.14% | 1.54% |
FCF Margin | 17.11% | 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 | 19.37% | 5.39% | 3.62% | 4.58% | 3.94% | 3.86% |
EBIT | 1,482 | 1,434 | 868 | 1,258 | 1,292 | 851 |
EBIT Margin | 11.88% | 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% |