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Plains All American Pipeline, L.P. PAA NGL — General and administrative expenses

Other segment segments

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$76M-3.8%

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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$17.14B+31.1%
Enterprise value$28.96B+31.9%
P/E15×+0.6×
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: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 NGL — general and administrative expenses?
Plains All American Pipeline, L.P. (PAA) reported NGL — general and administrative expenses of $5M in Q1 2026.
How has Plains All American Pipeline, L.P.'s NGL — general and administrative expenses changed year-over-year?
Plains All American Pipeline, L.P.'s NGL — general and administrative expenses decreased by 16.7% year-over-year, from $6M to $5M.
What is the long-term trend for Plains All American Pipeline, L.P.'s NGL — general and administrative expenses?
Over 3 years (2022 to 2025), Plains All American Pipeline, L.P.'s NGL — general and administrative expenses has grown at a -28.0% compound annual growth rate (CAGR), from $75M to $28M.
What does NGL — general and administrative expenses mean?
Allocated overhead costs related to the management, administration, and support functions of the NGL segment. This metric tracks the efficiency of the segment's management structure and corporate support.