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

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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$17.42B+33.7%
Enterprise value$29.25B+33.5%
P/E15.2×+0.9×
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:DisposalGroupIncludingDiscontinuedOperationRevenue.

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 product sales revenues — total revenues?
Plains All American Pipeline, L.P. (PAA) reported product sales revenues — total revenues of $256M in Q1 2026.
How has Plains All American Pipeline, L.P.'s product sales revenues — total revenues changed year-over-year?
Plains All American Pipeline, L.P.'s product sales revenues — total revenues decreased by 48.6% year-over-year, from $498M to $256M.
What is the long-term trend for Plains All American Pipeline, L.P.'s product sales revenues — total revenues?
Over 2 years (2023 to 2025), Plains All American Pipeline, L.P.'s product sales revenues — total revenues has grown at a -1.8% compound annual growth rate (CAGR), from $1.23B to $1.19B.
What does product sales revenues — total revenues mean?
This metric captures the total gross revenue generated from the sale of crude oil, natural gas liquids, and other energy commodities within the product sales segment. It serves as a primary indicator of the company's scale in commodity marketing and trading activities. Changes in this figure are heavily influenced by both the physical volume of products handled and the prevailing market prices for those commodities.