Plains All American Pipeline, L.P. Common Units representing Limited Partner Interests financials
$23.93−2.45%
Close Sep 29, 2026 · split-adjustedRevenue
Net income
Income statement & cash flow
| Fiscal year | FY25 Dec 31 | FY24 Dec 31 | FY23 Dec 31 | FY22 Dec 31 | FY21 Dec 31 | FY20 Dec 31 | FY19 Dec 31 | FY18 Dec 31 | FY17 Dec 31 | FY16 Dec 31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $44.26B | $48.89B | $47.34B | $57.34B | $42.08B | $23.29B | $33.67B | $34.05B | $26.22B | $20.18B |
| Gross profit | $3.83B | $3.73B | $3.40B | $4.17B | $3.57B | $2.86B | $4.22B | $4.26B | $3.24B | $2.95B |
| Gross margin | 8.7% | 7.6% | 7.2% | 7.3% | 8.5% | 12.3% | 12.5% | 12.5% | 12.3% | 14.6% |
| Operating income | $1.38B | $1.03B | $1.11B | $1.56B | $1.44B | -$1.66B | $2.02B | $2.16B | $1.26B | $974.0M |
| Net income | $1.17B | $514.0M | $976.0M | $831.0M | $393.0M | -$2.79B | $1.97B | $2.01B | $685.0M | $200.0M |
| Net margin | 2.6% | 1.1% | 2.1% | 1.4% | 0.9% | −12.0% | 5.8% | 5.9% | 2.6% | 1.0% |
| Diluted EPS | $1.66 | $0.73 | $1.40 | $1.19 | $0.55 | $-3.83 | $2.65 | $2.71 | $0.95 | $0.43 |
| EBITDA | $2.33B | $1.93B | $2.02B | $2.53B | $2.22B | $1.51B | $2.62B | $2.68B | $1.78B | $1.49B |
| Operating cash flow | $2.94B | $2.49B | $2.73B | $2.41B | $2.00B | $1.51B | $2.50B | $2.61B | $2.50B | $733.0M |
| Free cash flow | $2.27B | $2.02B | $2.31B | $1.87B | $1.62B | $776.0M | $1.32B | $929.0M | $1.47B | -$608.0M |
| Diluted shares | 704.0M | 702.0M | 699.0M | 701.0M | 716.0M | 728.0M | 800.0M | 799.0M | 718.0M | 466.0M |
Balance sheet
| Period end | Dec 31 | Dec 31 | Dec 31 | Dec 31 | Dec 31 | Dec 31 |
|---|---|---|---|---|---|---|
| Cash & equivalents | $328.0M | $348.0M | $450.0M | $401.0M | $449.0M | $22.0M |
| Short-term investments | $0.00 | $0.00 | $0.00 | $0.00 | — | — |
| Total debt | $11.26B | $7.62B | $7.75B | $8.45B | $9.15B | $10.21B |
| Total assets | $30.17B | $26.56B | $27.36B | $27.89B | $28.61B | $24.50B |
| Total liabilities | $17.09B | $13.47B | $13.62B | $14.57B | $15.80B | $14.76B |
| Shareholders' equity | $13.08B | $13.10B | $13.73B | $13.32B | $12.81B | $9.74B |
From SEC filings via Massive. Fiscal periods follow the company's own calendar; free cash flow is operating cash flow minus capital expenditure.
Sources: Massive / Polygon daily aggregates (split-adjusted) · SEC filings via Massive · FINRA settlements via Massive · Financial Modeling Prep. Figures are dated where shown; research is informational, not investment advice. Methodology