Plains All American Pipeline LP
Research Plains All American Pipeline LP (PAA) on Bullrun: market cap USD 17.43B, P/E 6.8, dividend yield 6.4%. Explore financials, valuation history, model signals, and stock context.
Key Metrics
- TickerPAA
- ExchangeNASDAQ
- CountryUnited States
- SectorEnergy
- IndustryOil & Gas Midstream
- CurrencyUSD
- Market capUSD 17.43B
- P/E6.8
- Dividend yield6.4%
- Financial periodQ2 2026
- RevenueUSD 17.69B
- Net incomeUSD 1.83B
- Free cash flowUSD 817.00M
- Gross margin3.2%
Valuation Snapshot
latest market cap is USD 17.43B; P/E is 6.8; dividend yield is 6.4%.
Peer valuation comparison
Latest P/E is 6.84x versus a Energy sector median of 14.75x (53.6% below).
Latest dividend yield is 6.41% versus a Energy sector median of 3.8% (68.7% above).
Five-year financial history
| Year | Revenue | Net income | Free cash flow | Gross margin | Diluted EPS | Cash | Total debt | Equity |
|---|---|---|---|---|---|---|---|---|
| FY2025 | USD 44.26B | USD 1.77B | USD 2.29B | 8.7% | 1.66 | USD 328.00M | USD 563.00M | USD 0 |
| FY2024 | USD 48.89B | USD 1.11B | USD 2.04B | 7.6% | 0.73 | USD 348.00M | USD 407.00M | USD 0 |
| FY2023 | USD 47.34B | USD 1.50B | USD 2.32B | 7.2% | 2.44 | USD 450.00M | USD 446.00M | USD 0 |
| FY2022 | USD 57.34B | USD 1.23B | USD 1.95B | 7.3% | n/a | USD 401.00M | USD 1.16B | USD 0 |
Valuation history
| Year | Snapshot date | Market cap | P/E | Dividend yield | Annual dividend/share |
|---|---|---|---|---|---|
| 2026 | 2026-08-25 | USD 17.43B | 6.8 | 6.6% | 1.63 |
| 2025 | 2025-12-31 | USD 12.67B | 10.7 | 8.5% | 1.52 |
| 2024 | 2024-12-31 | USD 12.02B | 23.4 | 7.5% | 1.28 |
| 2023 | 2023-12-29 | USD 10.62B | 11.3 | 7.1% | 1.08 |
| 2022 | 2022-12-30 | USD 8.21B | 8.1 | 7.1% | 0.84 |
| 2021 | 2021-12-31 | USD 6.58B | 17.0 | 7.7% | 0.72 |
Dividend history
Latest trailing dividend snapshot: annual dividend/share 1.63 USD, yield 6.4%.
| Year | Dividends/share |
|---|---|
| FY2025 | 1.52 USD |
| FY2024 | 1.28 USD |
| FY2023 | 1.08 USD |
| FY2022 | 0.84 USD |
About Plains All American Pipeline LP
Plains All American Pipeline, L.P., through its subsidiaries, engages in the pipeline transportation, terminalling, storage, and gathering of crude oil and natural gas liquids (NGL) in the United States and Canada. The company operates through two segments, Crude Oil and NGL. The Crude Oil segment offers gathering and transporting crude oil through pipelines, trucks, and on barges or railcars. This segment provides terminalling, storage, and other related services, as well as merchant activities.
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Frequently asked questions
What is Plains All American Pipeline LP's market cap?
Plains All American Pipeline LP's market capitalization is USD 17.43B.
What is Plains All American Pipeline LP's P/E ratio?
Plains All American Pipeline LP's price-to-earnings (P/E) ratio is 6.8.
Does Plains All American Pipeline LP pay a dividend?
Plains All American Pipeline LP has a dividend yield of 6.4%.
What does Plains All American Pipeline LP do?
Plains All American Pipeline, L.P., through its subsidiaries, engages in the pipeline transportation, terminalling, storage, and gathering of crude oil and natural gas liquids (NGL) in the United States and Canada. The company operates through two segments, Crude Oil and NGL. The Crude Oil segment offers gathering and transporting crude oil through pipelines, trucks, and on barges or railcars. This segment provides terminalling, storage, and other related services, as well as merchant activities.