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.

Revenue
+66.3%
EPS
+1,095.2%
Free cash flow
+50.9%
Total debt
−2.74%

Quarter to June 2026, against a year earlier

24.57 0.64 −2.54%
Market cap
$17.3B
P/E
6.8×
Fwd P/E
7.2×
Dividend yield
6.80%
F-score
5/9
Altman Z
n/a
Beneish M
−2.94
Dividend safety
37/100

Plains All American Pipeline, L.P. (PAA) Return on equity

Alert me on Return on equity

Plains All American Pipeline, L.P.'s return on equity over the twelve months to 30 June 2026 was 22.0%, up 11.3 percentage points from fiscal 2025 (10.7%). Over the past ten years it has ranged from −30.4% (fiscal 2020) to 21.9% (fiscal 2018); the current reading is higher than 82% of that period. That is above the Oil & Gas Midstream industry median of 11.7% and above the Energy sector median of 7.54%.

Return on equity, annual

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Annual newest first

Period Return on equity Change (points)
FY2025 10.7% 6.09
FY2024 4.62% (4.07)
FY2023 8.69% 0.98
FY2022 7.71% 3.33
FY2021 4.38% 34.79
FY2020 −30.4% (49.50)
FY2019 19.1% (2.78)
FY2018 21.9% 13.29
FY2017 8.58% 5.96
FY2016 2.62% (1.16)

Against its own ten years

Low −30.4% High 21.9%
Ten-year median 7.71%
Current reading's percentile 82

Return on equity against peers

Company Return on equity
CQP Cheniere Energy Partners, L.P. compare 1,050.9%
FRO Frontline PLC compare 53.9%
VG Venture Global, Inc. compare 31.9%
PAA Plains All American Pipeline, L.P. 22.0%
PBA Pembina Pipeline Corp. compare 10.8%
DTM DT Midstream, Inc. compare 9.61%
PAGP Plains Group Holdings, L.P. compare 3.77%
VNOM Viper Energy Inc. compare 2.58%
WES Western Midstream Partners, LP compare 0.00%
Oil & Gas Midstream industry median 11.7%
Energy sector median 7.54%
Market median 0.51%

What Return on equity is

ROE shows how much profit a company earns for its shareholders on the equity they have in the business.

Annual: Net Income Allotted to Shareholders ÷ Average Common Equity; TTM: Net Income Allotted to Shareholders ÷ Average Common Equity (latest quarter)

The full definition of Return on equity →

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