Skip to content
OpenCapital
Get started

Plains All American Pipeline, L.P. PAA Current ratio

Other financials

Income statement

See full
Revenue$12.5B+8.6%
Gross profit$977.0M+1.8%
Operating income$405.0M+13.8%
Net income$152.0M-65.7%

Balance sheet

See full
Cash & equivalents$171.0M-60.0%
Total debt$12.0B+26.8%
Total equity$12.8B-0.3%
Total assets$31.6B+16.9%

Cash flow

See full
Operating cash flow$418.0M-34.6%
CapEx$130.0M-7.1%
Free cash flow$288.0M-42.3%

Valuation

See full
Market cap$15.23B+11.9%
Enterprise value$27.05B+19.4%
P/E13.3×-1.0×
P/S0.3×+0.1×

Profitability

See full
Gross margin8.5%+0.8pp
Operating margin3.3%+1.5pp
Net margin2.5%+0.6pp

Returns & leverage

See full
Return on equity8.9%+1.8pp
Debt / equity0.9×+0.2×

Where this comes from

Calculated from Plains All American Pipeline, L.P.’s reported figures.

total current assets/total current liabilities=0.9×

Based on the most recent quarter.

The official record: Plains All American Pipeline, L.P.’s 10-Q, filed May 8, 2026, on SEC EDGAR. View the filing →

Ask your AI about Plains All American Pipeline, L.P.'s current ratio.

Connect your AI assistant and see it in context, right in your chat.

Connect your AI
Harbor at dusk
Claude

Questions, answered.

What is Plains All American Pipeline, L.P.'s current ratio?
Plains All American Pipeline, L.P. (PAA) reported current ratio of 0.9× in Q1 2026.
How has Plains All American Pipeline, L.P.'s current ratio changed year-over-year?
Plains All American Pipeline, L.P.'s current ratio decreased by 6.7% year-over-year, from 1× to 0.9×.
What is the long-term trend for Plains All American Pipeline, L.P.'s current ratio?
Over 4 years (2021 to 2025), Plains All American Pipeline, L.P.'s current ratio has grown at a 1.7% compound annual growth rate (CAGR), from 3.8× to 4×.
What does current ratio mean?
Whether the company has enough short-term assets to cover its short-term bills.
How do you interpret current ratio?
Above 1.0 means short-term assets cover short-term liabilities. Very high values can signal idle cash or bloated inventory/receivables rather than strength — there's a healthy middle, not 'more is better'.
How does current ratio compare across companies?
Comparable within an industry. Working-capital-light businesses can operate safely below 1.0 by collecting before they pay.