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Plains All American Pipeline, L.P. PAA Canada — Total revenues

Other geography segments

United States
$39.76B-8.7%

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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$16.61B+26.9%
Enterprise value$28.44B+29.4%
P/E14.5×+0.1×
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:Revenues.

The official record: Plains All American Pipeline, L.P.’s 10-K, filed February 27, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Plains All American Pipeline, L.P.'s canada — total revenues?
Plains All American Pipeline, L.P. (PAA) reported canada — total revenues of $1.13B in Q4 2025.
How has Plains All American Pipeline, L.P.'s canada — total revenues changed year-over-year?
Plains All American Pipeline, L.P.'s canada — total revenues decreased by 15.9% year-over-year, from $1.34B to $1.13B.
What is the long-term trend for Plains All American Pipeline, L.P.'s canada — total revenues?
Over 4 years (2021 to 2025), Plains All American Pipeline, L.P.'s canada — total revenues has grown at a -12.3% compound annual growth rate (CAGR), from $7.62B to $4.5B.
What does canada — total revenues mean?
This metric represents the total gross revenue generated from operations within the Canadian geographic segment, including crude oil and natural gas liquids transportation, storage, and marketing activities. It reflects the scale of business activity and market demand for midstream services in the Canadian energy sector. Changes in this figure are driven by fluctuations in commodity prices, throughput volumes, and the utilization of pipeline and terminal infrastructure.