What is Plains All American Pipeline, L.P.'s PP&E (net)?

Plains All American Pipeline, L.P. (PAA) reported PP&E (net) of $16.87B in Q1 2026.

How has Plains All American Pipeline, L.P.'s PP&E (net) changed year-over-year?

Plains All American Pipeline, L.P.'s PP&E (net) increased by 5.0% year-over-year, from $16.06B to $16.87B.

What is the long-term trend for Plains All American Pipeline, L.P.'s PP&E (net)?

Over 5 years (2020 to 2025), Plains All American Pipeline, L.P.'s PP&E (net) has grown at a 2.9% compound annual growth rate (CAGR), from $14.61B to $16.86B.

What does PP&E (net) mean?

Total property, plant, and equipment minus accumulated depreciation — the net book value of all tangible long-lived assets.

Plains All American Pipeline, L.P. PAA PP&E (Net)

PP&E (Net) at other companies

WEXWEX

$258.9M+0.5%

Cabot CorporationCBT

$1.75B+9.2%

HES

Hess MidstreamHESM

$3.32B-0.1%

ImaxIMAX

$238.95M-1.9%

Live Oak BancsharesLOB

$231.2M-6.2%

Origin BancorpOBK

$133.78M+9.1%

Segments

By geography

See full

United States$21.4B+19.2%

Canada$1.48B+3.6%

Other financials

Income statement

See full

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

See full

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

See full

Operating cash flow$418.0M-34.6%

CapEx$130.0M-7.1%

Free cash flow$288.0M-42.3%

Valuation

See full

Market cap$17.14B+31.1%

Enterprise value$28.96B+31.9%

P/E15×+0.6×

P/S0.4×+0.1×

Profitability

See full

Gross margin8.5%+0.8pp

Operating margin3.3%+1.5pp

Net margin2.5%+0.6pp

FCF margin4.6%-0.1pp

Returns & leverage

See full

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:PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAfterAccumulatedDepreciationAndAmortization.

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 PP&E (net)?: Plains All American Pipeline, L.P. (PAA) reported PP&E (net) of $16.87B in Q1 2026.
How has Plains All American Pipeline, L.P.'s PP&E (net) changed year-over-year?: Plains All American Pipeline, L.P.'s PP&E (net) increased by 5.0% year-over-year, from $16.06B to $16.87B.
What is the long-term trend for Plains All American Pipeline, L.P.'s PP&E (net)?: Over 5 years (2020 to 2025), Plains All American Pipeline, L.P.'s PP&E (net) has grown at a 2.9% compound annual growth rate (CAGR), from $14.61B to $16.86B.
What does PP&E (net) mean?: Total property, plant, and equipment minus accumulated depreciation — the net book value of all tangible long-lived assets.