Plains All American Pipeline (PAA) Asset Utilization Ratio (2009 - 2026)

Plains All American Pipeline (PAA) posted quarterly Asset Utilization Ratio of 1.46 for Q1 2026, down 19.42% year-over-year from 1.82 in Q1 2025, and down 3.6% quarter-over-quarter from 1.52 in Q4 2025.

Plains All American Pipeline (PAA) Asset Utilization Ratio (2009 - 2026) Analysis & Trends

Plains All American Pipeline's Asset Utilization Ratio history runs 18 years deep, the most recent figure standing at 1.46 for Q1 2026.

  • In Q1 2026, Asset Utilization Ratio fell 19.42% year-over-year to 1.46; the TTM figure through Mar 2026 stood at 1.46 (down 19.42% YoY), while the FY2025 annual figure was 1.56, down 13.96% from the prior year.
  • Asset Utilization Ratio for Q1 2026 stood at 1.46, down from 1.52 in the prior quarter.
  • The five-year high for Asset Utilization Ratio was 2.07 in Q4 2022, with the low at 1.46 in Q1 2026.
  • The 5-year median for Asset Utilization Ratio is 1.76 (2024), against an average of 1.77.
  • The sharpest annual moves came in 2022 and 2026: Asset Utilization Ratio surged 70.28% in 2022, then fell 19.42% in 2026.
  • Plains All American Pipeline's Asset Utilization Ratio stood at 2.07 in 2022, then slipped by 17.06% to 1.72 in 2023, then increased by 5.92% to 1.82 in 2024, then decreased by 16.54% to 1.52 in 2025, then fell by 3.6% to 1.46 in 2026.
  • Business Quant data shows PAA's Asset Utilization Ratio at 1.46 in Q1 2026, 1.52 in Q4 2025, and 1.66 in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Asset Util. (Qtr)
1 Kinder Morgan 112.69 Bn 112.57 Bn 3.07 Bn 0.24
2 Enbridge 110.89 Bn 109.40 Bn 5.23 Bn 0.36
3 Enterprise Products Partners 83.45 Bn 82.54 Bn - 0.72
4 Energy Transfer 72.67 Bn 71.64 Bn 7.40 Bn 0.58
5 Tc Energy 65.89 Bn 58.33 Bn 1.24 Bn -
6 Oneok 60.12 Bn 59.96 Bn 2.81 Bn 0.58
7 Mplx 59.97 Bn 58.94 Bn 2.73 Bn 0.31
8 Targa Resources 59.56 Bn 59.43 Bn 2.14 Bn 0.60
9 Cheniere Energy 56.12 Bn 54.86 Bn 5.29 Bn 0.45
10 Plains All American Pipeline 16.81 Bn 15.75 Bn 1.14 Bn 1.72

Historic Data

Download Data
DateValue
Jun 30, 2026 1.72
Mar 31, 2026 1.46
Dec 31, 2025 1.52
Sep 30, 2025 1.66
Jun 30, 2025 1.72
Mar 31, 2025 1.82
Dec 31, 2024 1.82
Sep 30, 2024 1.76
Jun 30, 2024 1.74
Mar 31, 2024 1.70
Dec 31, 2023 1.72
Sep 30, 2023 1.79
Jun 30, 2023 1.89
Mar 31, 2023 2.02
Dec 31, 2022 2.07
Sep 30, 2022 2.04
Jun 30, 2022 1.81
Mar 31, 2022 1.60
Dec 31, 2021 1.59
Sep 30, 2021 1.41