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Plains All American Pipeline, L.P. PAA Other income, net (Note 6)

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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

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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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Market cap$16.59B+32.1%
Enterprise value$28.42B+32.5%
P/E14.5×+0.7×
P/S0.4×+0.1×

Profitability

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Gross margin8.5%+0.8pp
Operating margin3.3%+1.5pp
Net margin2.5%+0.6pp
FCF margin4.6%-0.1pp

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

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

Tagged under the XBRL concept us-gaap:OtherNonoperatingIncomeExpense.

The source filing: Plains All American Pipeline, L.P.’s 10-Q, filed May 8, 2026.

Filed
May 8, 2026, 4:45 PM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0001070423-26-000019
Line itemThree Months Ended March 31, 2026Three Months Ended March 31, 2025
Equity earnings in unconsolidated entities89103
Gain on investments in unconsolidated entities, net31
Interest expense (net of capitalized interest of $2 and $2, respectively)(167)(127)
Other income, net826
INCOME FROM CONTINUING OPERATIONS BEFORE TAX335389
Current income tax expense from continuing operations(216)(7)
Deferred income tax (expense)/benefit from continuing operations215(2)
INCOME FROM CONTINUING OPERATIONS, NET OF TAX334380

Item 1. UNAUDITED CONDENSED CONSOLIDATED FINANCIAL STATEMENTS

FAQ

What is Plains All American Pipeline, L.P.'s other income, net (note 6)?
Plains All American Pipeline, L.P. (PAA) reported other income, net (note 6) of $8M in Q1 2026.
How has Plains All American Pipeline, L.P.'s other income, net (note 6) changed year-over-year?
Plains All American Pipeline, L.P.'s other income, net (note 6) decreased by 69.2% year-over-year, from $26M to $8M.
What is the long-term trend for Plains All American Pipeline, L.P.'s other income, net (note 6)?
Over 4 years (2021 to 2025), Plains All American Pipeline, L.P.'s other income, net (note 6) has grown at a 52.8% compound annual growth rate (CAGR), from $20M to $109M.
What does other income, net (note 6) mean?
This captures miscellaneous financial items that fall outside the scope of core operating activities, such as foreign exchange gains or losses, minor investment income, or non-recurring legal settlements. It serves as a catch-all for peripheral financial events that do not stem from the primary business operations. Investors monitor this to isolate core earnings from transient or incidental financial fluctuations.

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