Tax

Current Income Tax Expense

Plains All American Pipeline, L.P. Current Income Tax Expense increased by 4220.0% to $216.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 2985.7%, from $7.00M to $216.00M. Over 2 years (FY 2021 to FY 2024), Current Income Tax Expense shows an upward trend with a 55.8% CAGR.

Analysis

StatementIncome Statement
SectionTax
First reportedQ1 2013
Last reportedQ1 2026May 8, 2026
Metric ID: ms_current_income_tax_expense

Historical Data

18 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q1 '26
Value$1.00M$8.00M$39.00M$19.00M$30.00M$12.00M$24.00M$61.00M$20.00M$22.00M$53.00M$52.00M$4.00M$10.00M$7.00M$1.00M$5.00M$216.00M
QoQ Change—+700.0%+387.5%-51.3%+57.9%-60.0%+100.0%+154.2%-67.2%+10.0%+140.9%-1.9%-92.3%+150.0%-30.0%-85.7%+400.0%>999%
YoY Change————>999%+50.0%-38.5%+221.1%-33.3%+83.3%-13.1%+160.0%-81.8%—-86.8%-98.1%+25.0%>999%
Range$1.00M – $216.00M
CAGR+254.2%
Avg YoY Growth+467.2%
Median YoY Growth+25.0%
Current Streak2 quarters growth

Frequently Asked Questions

What is Plains All American Pipeline, L.P.'s current income tax expense?
Plains All American Pipeline, L.P. (PAA) reported current income tax expense of $216.00M in Q1 2026.
How has Plains All American Pipeline, L.P.'s current income tax expense changed year-over-year?
Plains All American Pipeline, L.P.'s current income tax expense increased by 2985.7% year-over-year, from $7.00M to $216.00M.
What is the long-term trend for Plains All American Pipeline, L.P.'s current income tax expense?
Over 2 years (2021 to 2024), Plains All American Pipeline, L.P.'s current income tax expense has grown at a 55.8% compound annual growth rate (CAGR), from $49.00M to $119.00M.