What is Plains All American Pipeline, L.P.'s G&A?

Plains All American Pipeline, L.P. (PAA) reported G&A of $81M in Q1 2026.

How has Plains All American Pipeline, L.P.'s G&A changed year-over-year?

Plains All American Pipeline, L.P.'s G&A decreased by 4.7% year-over-year, from $85M to $81M.

What is the long-term trend for Plains All American Pipeline, L.P.'s G&A?

Over 4 years (2021 to 2025), Plains All American Pipeline, L.P.'s G&A has grown at a 3.9% compound annual growth rate (CAGR), from $293M to $341M.

Overhead costs not directly tied to production or sales — corporate management, legal, accounting, office rent, insurance, and other administrative functions.

Plains All American Pipeline, L.P. PAA G&A

G&A at other companies

Main Street CapitalMAIN

$5.4M+6.1%

HES

Hess MidstreamHESM

$7.9M+5.3%

Oaktree Specialty LendingOCSL

$1.18M+25.4%

York WaterYORW

$3.54M+21.2%

Dianthus TherapeuticsDNTH

$12.47M+69.9%

IPG PhotonicsIPGP

$36.09M+10.0%

Segments

By segment

See full

Crude Oil$76M-3.8%

NGL$5M-16.7%

Other financials

Income statement

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Revenue$12.5B+8.7%

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$17.14B+31.1%

Enterprise value$28.96B+31.9%

P/E15×+0.6×

P/S0.4×+0.1×

Profitability

See full

Gross margin8.5%+0.8pp

Operating margin3.3%+1.5pp

Net margin2.5%+0.6pp

FCF margin4.6%-0.1pp

Returns & leverage

See full

Return on equity8.9%+1.8pp

Debt / equity0.9×+0.2×

Current ratio0.9×-0.1×

Where this comes from

Reported directly by Plains All American Pipeline, L.P. in its filing.

Tagged under the XBRL concept us-gaap:GeneralAndAdministrativeExpense.

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

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Questions, answered.

What is Plains All American Pipeline, L.P.'s G&A?: Plains All American Pipeline, L.P. (PAA) reported G&A of $81M in Q1 2026.
How has Plains All American Pipeline, L.P.'s G&A changed year-over-year?: Plains All American Pipeline, L.P.'s G&A decreased by 4.7% year-over-year, from $85M to $81M.
What is the long-term trend for Plains All American Pipeline, L.P.'s G&A?: Over 4 years (2021 to 2025), Plains All American Pipeline, L.P.'s G&A has grown at a 3.9% compound annual growth rate (CAGR), from $293M to $341M.
What does G&A mean?: Overhead costs not directly tied to production or sales — corporate management, legal, accounting, office rent, insurance, and other administrative functions.