Plains All American Pipeline (PAA) Current Assets (2009 - 2026)
Plains All American Pipeline (PAA) reported Current Assets of $6.54 billion for Q2 2026, up 39.4% from $4.69 billion a year earlier and up 6.1% from the prior quarter.
Plains All American Pipeline (PAA) Current Assets (2009 - 2026) Analysis & Trends
At the end of FY2025, Plains All American Pipeline posted Current Assets of $4.73 billion, down 1.4% from FY2024.
- Current Assets has declined for four consecutive years, though with a five-year compound annual growth rate of 5.2% (FY2020 to FY2025).
- By year, Current Assets came in at $4.8 billion in FY2024 (-2.3%), $4.91 billion in FY2023 (-8.3%), $5.36 billion in FY2022 (-12.7%) and $6.14 billion in FY2021 (+67.4%).
- The Q2 2026 figure ranks as the highest quarterly Current Assets since Q2 2022.
- Year over year, Current Assets gained in three of the last eight quarters, with growth averaging 6.6%.
- The high point for year-over-year Current Assets in five years was Q1 2022 (growth of 83.0%); the low point was Q1 2023 (a decline of 36.7%).
- Per Business Quant data, the three quarters before Q2 2026 came in at $6.16 billion (Q1 2026), $4.73 billion (Q4 2025) and $5.58 billion (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Current Assets (Qtr) |
|---|---|---|---|---|---|
| 1 | Enbridge | 102.52 Bn | 100.06 Bn | 4.84 Bn | 12.81 Bn |
| 2 | Enterprise Products Partners | 79.27 Bn | 77.71 Bn | - | 15.91 Bn |
| 3 | Energy Transfer | 69.21 Bn | 62.65 Bn | 7.40 Bn | 23.11 Bn |
| 4 | Kinder Morgan | 68.17 Bn | 69.12 Bn | 3.07 Bn | 2.59 Bn |
| 5 | Tc Energy | 61.09 Bn | 64.16 Bn | 2.81 Bn | - |
| 6 | Targa Resources | 59.48 Bn | 59.10 Bn | 2.14 Bn | 2.63 Bn |
| 7 | Mplx | 58.45 Bn | 52.01 Bn | 2.91 Bn | 2.88 Bn |
| 8 | Oneok | 55.88 Bn | 54.37 Bn | 2.81 Bn | 5.31 Bn |
| 9 | Cheniere Energy | 55.70 Bn | 55.83 Bn | 5.29 Bn | 4.11 Bn |
| 10 | Plains All American Pipeline | 17.31 Bn | 14.57 Bn | 1.14 Bn | 6.54 Bn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 6.54 Bn |
| Mar 31, 2026 | 6.16 Bn |
| Dec 31, 2025 | 4.73 Bn |
| Sep 30, 2025 | 5.58 Bn |
| Jun 30, 2025 | 4.69 Bn |
| Mar 31, 2025 | 4.74 Bn |
| Dec 31, 2024 | 4.80 Bn |
| Sep 30, 2024 | 5.17 Bn |
| Jun 30, 2024 | 5.39 Bn |
| Mar 31, 2024 | 5.00 Bn |
| Dec 31, 2023 | 4.91 Bn |
| Sep 30, 2023 | 5.33 Bn |
| Jun 30, 2023 | 4.66 Bn |
| Mar 31, 2023 | 5.12 Bn |
| Dec 31, 2022 | 5.36 Bn |
| Sep 30, 2022 | 5.57 Bn |
| Jun 30, 2022 | 6.66 Bn |
| Mar 31, 2022 | 8.10 Bn |
| Dec 31, 2021 | 6.14 Bn |
| Sep 30, 2021 | 4.87 Bn |
Plains All American Pipeline Current Assets 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=current-assets&ticker=PAA&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "current-assets", "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=current-assets&ticker=PAA&period=max&api_key=YOUR_API_KEY");
const data = await res.json();