Plains All American Pipeline (PAA) Cash from Operations (2009 - 2026)
Plains All American Pipeline (PAA) reported Cash from Operations of $955 million for Q2 2026, up 37.6% from $694 million a year earlier and up 128.5% from the prior quarter.
Plains All American Pipeline (PAA) Cash from Operations (2009 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Plains All American Pipeline's Cash from Operations came in at $2.98 billion, up 8.2% year-over-year; for FY2025, it was $2.94 billion, up 17.9% from FY2024.
- Cash from Operations has a five-year compound annual growth rate of 14.2% (FY2020 to FY2025).
- By year, Cash from Operations came in at $2.49 billion in FY2024 (-8.7%), $2.73 billion in FY2023 (+13.2%), $2.41 billion in FY2022 (+20.6%) and $2 billion in FY2021 (+31.8%).
- The Q2 2026 figure ranks as the highest quarterly Cash from Operations since Q4 2023.
- Year over year, Cash from Operations gained in six of the last eight quarters, with growth averaging 96.6%.
- The high point for year-over-year Cash from Operations in five years was Q3 2024 (growth of 712.9%); the low point was Q3 2023 (a decline of 91.0%).
- Per Business Quant data, the three quarters before Q2 2026 came in at $418 million (Q1 2026), $786 million (Q4 2025) and $817 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cash from Ops. (Qtr) |
|---|---|---|---|---|---|
| 1 | Enbridge | 101.88 Bn | 99.42 Bn | 4.84 Bn | 2.97 Bn |
| 2 | Enterprise Products Partners | 77.78 Bn | 76.22 Bn | - | 3.18 Bn |
| 3 | Energy Transfer | 68.56 Bn | 62.00 Bn | 7.40 Bn | 4.27 Bn |
| 4 | Kinder Morgan | 67.77 Bn | 68.72 Bn | 3.07 Bn | 1.96 Bn |
| 5 | Tc Energy | 60.65 Bn | 63.72 Bn | 2.81 Bn | 1.88 Bn |
| 6 | Targa Resources | 58.65 Bn | 58.26 Bn | 2.14 Bn | 1.44 Bn |
| 7 | Mplx | 57.82 Bn | 51.38 Bn | 2.91 Bn | 1.70 Bn |
| 8 | Cheniere Energy | 55.20 Bn | 55.33 Bn | 5.29 Bn | 1.58 Bn |
| 9 | Oneok | 54.77 Bn | 53.26 Bn | 2.81 Bn | 2.05 Bn |
| 10 | Plains All American Pipeline | 16.88 Bn | 14.15 Bn | 1.14 Bn | 955.00 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 955.00 Mn |
| Mar 31, 2026 | 418.00 Mn |
| Dec 31, 2025 | 786.00 Mn |
| Sep 30, 2025 | 817.00 Mn |
| Jun 30, 2025 | 694.00 Mn |
| Mar 31, 2025 | 639.00 Mn |
| Dec 31, 2024 | 727.00 Mn |
| Sep 30, 2024 | 691.00 Mn |
| Jun 30, 2024 | 653.00 Mn |
| Mar 31, 2024 | 419.00 Mn |
| Dec 31, 2023 | 1.01 Bn |
| Sep 30, 2023 | 85.00 Mn |
| Jun 30, 2023 | 888.00 Mn |
| Mar 31, 2023 | 743.00 Mn |
| Dec 31, 2022 | 334.00 Mn |
| Sep 30, 2022 | 942.00 Mn |
| Jun 30, 2022 | 792.00 Mn |
| Mar 31, 2022 | 340.00 Mn |
| Dec 31, 2021 | 635.00 Mn |
| Sep 30, 2021 | 335.00 Mn |
Plains All American Pipeline Cash from Operations API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=cash-from-operations&ticker=PAA&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "cash-from-operations", "ticker": "PAA", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=cash-from-operations&ticker=PAA&period=max&api_key=YOUR_API_KEY");
const data = await res.json();