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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$17.33B+37.5%
Enterprise value$29.16B+35.7%
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

Calculated from Plains All American Pipeline, L.P.’s reported figures.

Based on the most recent quarter.

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

Filed
May 8, 2026, 4:45 PM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0001070423-26-000019

FAQ

What is Plains All American Pipeline, L.P.'s price / earnings?
Plains All American Pipeline, L.P. (PAA) reported price / earnings of 13.8× in Q1 2026.
How has Plains All American Pipeline, L.P.'s price / earnings changed year-over-year?
Plains All American Pipeline, L.P.'s price / earnings decreased by 7.2% year-over-year, from 14.8× to 13.8×.
What is the long-term trend for Plains All American Pipeline, L.P.'s price / earnings?
Over 4 years (2021 to 2025), Plains All American Pipeline, L.P.'s price / earnings has grown at a -5.8% compound annual growth rate (CAGR), from 11.2× to 8.8×.
What does price / earnings mean?
Market capitalization at the quarter end divided by trailing-twelve-month net income. The price the market pays for each dollar of trailing earnings.

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