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| Date | Value |
|---|---|
| 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 |