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Saturday 17 October 2026 Export PAA’s income statement to Excel — free account

Plains All American Pipeline, L.P.

PAA Energy Oil & Gas Midstream

Plains All American Pipeline, L.P.’s revenue for fiscal 2025 (year ended December 2025) was $44.3 billion, down 9.46% from fiscal 2024. In the quarter to June 2026, revenue grew 66.3%, EPS grew 1,095.2%, free cash flow grew 50.9% and total debt fell 2.74%, each against the same quarter a year earlier. Dividend growth for five consecutive years.

25.25 0.10 +0.40%
Market cap
$17.7B
P/E
7.0×
Fwd P/E
13.5×
Dividend yield
8.12%
F-score
5/9
Altman Z
n/a
Beneish M
−2.94
Dividend safety
37/100
Overview Business Profile Financial Analysis Income Statement Balance Sheet Cash Flow Metrics & Ratios 10-Q 10-K

Plains All American Pipeline, L.P. (PAA) P/E ratio

Alert me on P/E ratio

As of 16 October 2026, Plains All American Pipeline, L.P. (PAA) trades at a P/E ratio of 7.0×. Over the past ten years it has ranged from 0.0× (December 2021) to 86.3× (September 2016); the current reading is higher than 21% of that period. That is below the Oil & Gas Midstream industry median of 12.8× and below the Energy sector median of 13.9×.

P/E ratio, daily

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Annual newest first

Period P/E ratio Change
FY2025 10.8× (53.76%)
FY2024 23.4× 112.56%
FY2023 11.0× 13.41%
FY2022 9.7× (42.85%)
FY2021 17.0× —
FY2020 0.0× —
FY2019 6.8× (5.86%)
FY2018 7.2× (66.70%)
FY2017 21.7× (72.75%)
FY2016 79.7× 172.68%

Quarterly newest first

Period P/E ratio Change
Jun 2026 6.2× (63.83%)
Mar 2026 17.0× 57.55%
Dec 2025 10.8× (23.26%)
Sep 2025 14.1× (32.27%)
42 more quarters

Against its own ten years

Low 0.0× High 86.3×
Ten-year median 15.7×
Current reading's percentile 13

P/E ratio against peers

Company P/E ratio
PAA Plains All American Pipeline, L.P. 7.0×
FRO Frontline PLC compare 7.9×
VG Venture Global, Inc. compare 9.4×
PAGP Plains Group Holdings, L.P. compare 9.8×
CQP Cheniere Energy Partners, L.P. compare 11.1×
WES Western Midstream Partners, LP compare 14.0×
PBA Pembina Pipeline Corp. compare 24.4×
DTM DT Midstream, Inc. compare 26.9×
VNOM Viper Energy Inc. compare 322×
Oil & Gas Midstream industry median 12.8×
Energy sector median 13.9×
Market median 18.1×

What P/E ratio is

Price to Earnings Ratio shows how much investors pay for each dollar of a company’s annual profit per share.

Stock Price ÷ EPS (Basic) (TTM)

The full definition of P/E ratio →

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