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

PAA Ratios and Metrics

Market cap in millions USD. Fiscal year is January - December.

Total Valuation

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Aug 6, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Market Cap	16,559	12,671	12,020	10,620	8,213	6,585
Market Cap Growth	30.80%	5.41%	13.18%	29.32%	24.73%	10.62%
Enterprise Value	27,973	29,083	25,066	23,801	22,126	20,825
Last Close Price	23.47	17.96	17.08	15.15	11.76	9.34

Price Ratios

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Aug 6, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
PE Ratio	17.88	10.82	23.40	10.82	9.88	16.98
Forward PE	12.29	10.03	11.81	11.91	9.07	7.94
PEG Ratio	7.44	0.14	0.83	0.83	0.83	0.83
PS Ratio	0.37	0.29	0.25	0.22	0.14	0.16
PB Ratio	2.16	1.29	1.22	1.02	0.82	0.66
P/TBV Ratio	2.81	1.56	1.47	1.24	1.04	1.26
P/FCF Ratio	7.96	5.53	5.89	4.58	4.21	3.97
P/OCF Ratio	6.10	4.32	4.83	3.89	3.41	3.30

EV Ratios

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Aug 6, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
EV/Sales Ratio	0.62	0.66	0.51	0.50	0.39	0.49
EV/EBITDA Ratio	11.58	12.18	14.17	10.98	9.80	12.82
EV/EBIT Ratio	18.88	20.28	28.88	18.92	17.13	24.47
EV/FCF Ratio	13.44	12.68	12.28	10.26	11.33	12.55

Financial Efficiency

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Aug 6, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Debt / Equity Ratio	0.90	0.88	0.60	0.58	0.66	0.75
Debt / EBITDA Ratio	4.79	4.80	4.42	3.70	3.88	5.88
Debt / FCF Ratio	5.43	5.00	3.83	3.46	4.48	5.76
Net Debt / Equity Ratio	1.19	1.13	0.76	0.73	0.83	0.91
Net Debt / EBITDA Ratio	4.72	4.66	4.22	3.50	3.70	5.61
Net Debt / FCF Ratio	5.35	4.86	3.65	3.27	4.28	5.49
Asset Turnover	0.40	1.56	1.81	1.71	2.03	1.58
Inventory Turnover	140.13	171.33	111.65	68.81	70.34	53.85
Quick Ratio	0.76	0.80	0.81	0.84	0.73	0.83
Current Ratio	0.94	0.96	0.97	0.98	0.91	0.98
Return on Equity (ROE)	10.34%	10.59%	6.58%	9.68%	9.40%	5.75%
Return on Assets (ROA)	4.83%	5.11%	3.51%	4.76%	3.96%	2.88%
Return on Invested Capital (ROIC)	6.16%	6.48%	4.52%	6.11%	5.14%	3.63%
Return on Capital Employed (ROCE)	5.89%	6.12%	3.95%	5.67%	5.82%	3.99%

Yields

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Aug 6, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Earnings Yield	5.59%	9.24%	4.27%	9.24%	10.12%	5.89%
FCF Yield	12.57%	18.10%	16.99%	21.84%	23.78%	25.21%
Dividend Yield	7.11%	8.46%	7.43%	7.06%	7.08%	5.13%
Payout Ratio	127.05%	74.56%	115.42%	60.81%	56.32%	87.18%
Buyback Yield / Dilution	-0.25%	-0.28%	-0.43%	0.29%	34.98%	-59.44%
Total Shareholder Return	6.86%	8.18%	7.00%	7.35%	42.07%	-54.30%

SEC Filings: 10-K · 10-Q

Data Source: Fiscal.ai Last updated: May 8, 2026

Financial data is provided by Fiscal.ai and updates within minutes after each earnings release, which is every three months for this company.

Update frequency:

Quarterly

Last checked:

Aug 4, 2026

Data Sources Report a data error