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Plains All American Pipeline, L.P. PAA Market capitalization

Other financials

Income statement

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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

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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

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

Valuation

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Enterprise value$27.05B+19.4%
P/E13.3×-1.0×
P/S0.3×+0.1×

Profitability

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

Returns & leverage

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Return on equity8.9%+1.8pp
Debt / equity0.9×+0.2×
Current ratio0.9×-0.1×

Where this comes from

Computed from the period-end share price: $15.75B.

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 market capitalization?
Plains All American Pipeline, L.P. (PAA) reported market capitalization of $15.75B in Q1 2026.
How has Plains All American Pipeline, L.P.'s market capitalization changed year-over-year?
Plains All American Pipeline, L.P.'s market capitalization increased by 11.9% year-over-year, from $14.08B to $15.75B.
What is the long-term trend for Plains All American Pipeline, L.P.'s market capitalization?
Over 4 years (2021 to 2025), Plains All American Pipeline, L.P.'s market capitalization has grown at a 16.0% compound annual growth rate (CAGR), from $28.42B to $51.49B.
What does market capitalization mean?
What the stock market says the company's equity is worth.
How do you interpret market capitalization?
A size and market-sentiment gauge, not a quality measure — interpret through valuation ratios (P/E, P/S) that relate it to fundamentals.
How does market capitalization compare across companies?
Comparable across companies as a size class; the input to every equity-price valuation multiple.