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Plains All American Pipeline, L.P. PAA Product sales revenues — Revenues from related parties

Other product segments

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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:Revenues.

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
REVENUES
Product sales revenues$12,026$11,046
Services revenues444431
Total revenues12,47011,477
COSTS AND EXPENSES
Purchases and related costs11,49310,517
Field operating costs301300
General and administrative expenses8185

Item 1. UNAUDITED CONDENSED CONSOLIDATED FINANCIAL STATEMENTS

FAQ

What is Plains All American Pipeline, L.P.'s product sales revenues — revenues from related parties?
Plains All American Pipeline, L.P. (PAA) reported product sales revenues — revenues from related parties of $12.03B in Q1 2026.
How has Plains All American Pipeline, L.P.'s product sales revenues — revenues from related parties changed year-over-year?
Plains All American Pipeline, L.P.'s product sales revenues — revenues from related parties increased by 8.9% year-over-year, from $11.05B to $12.03B.
What is the long-term trend for Plains All American Pipeline, L.P.'s product sales revenues — revenues from related parties?
Over 4 years (2021 to 2025), Plains All American Pipeline, L.P.'s product sales revenues — revenues from related parties has grown at a 1.0% compound annual growth rate (CAGR), from $40.88B to $42.51B.
What does product sales revenues — revenues from related parties mean?
This metric represents the portion of product sales revenue generated from transactions with affiliated entities, such as joint ventures or equity-method investees. It reflects the extent to which the company utilizes its internal network and partnerships to move and sell energy commodities. Monitoring this helps investors assess the integration of the company's supply chain and potential conflicts of interest or intercompany dependencies.

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