Plains All American Pipeline (PAA) EBIT Margin (2009 - 2026)
Plains All American Pipeline (PAA) posted EBIT Margin of 2.25% for Q2 2026, unchanged from 2.25% a year earlier and down 1.00 percentage points from the prior quarter.
Plains All American Pipeline (PAA) EBIT Margin (2009 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, EBIT Margin at Plains All American Pipeline was 3.14%, up 1.48 percentage points year-over-year; for FY2025, it came in at 3.24%, up 1.46 percentage points from FY2024.
- Annual EBIT Margin shows a five-year change of +13.44 percentage points (FY2020 to FY2025).
- In prior years, Plains All American Pipeline's EBIT Margin was 1.78% in FY2024 (-0.88 pp), 2.66% in FY2023 (+0.40 pp), 2.25% in FY2022 (+0.23 pp) and 2.02% in FY2021 (+12.22 pp).
- Quarterly EBIT Margin has run from a low of -0.35% in Q3 2021 to a high of 4.61% in Q4 2021 over five years.
- On a year-over-year basis, EBIT Margin increased in four of the last eight quarters, with an average year-over-year change of +0.49 percentage points.
- The strongest year-over-year quarter for EBIT Margin in the past five years was Q4 2021, with a gain of 5.70 percentage points; the weakest was Q4 2022, with a drop of 4.90 percentage points.
- According to Business Quant data, EBIT Margin for the three prior quarters was 3.25% (Q1 2026), 3.36% (Q4 2025) and 4.18% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBIT Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Enbridge | 102.52 Bn | 100.06 Bn | 4.84 Bn | 9.93% |
| 2 | Enterprise Products Partners | 79.27 Bn | 77.71 Bn | - | 12.31% |
| 3 | Energy Transfer | 69.21 Bn | 62.65 Bn | 7.40 Bn | 10.41% |
| 4 | Kinder Morgan | 68.17 Bn | 69.12 Bn | 3.07 Bn | 30.06% |
| 5 | Tc Energy | 61.09 Bn | 64.16 Bn | 2.81 Bn | 135.28% |
| 6 | Targa Resources | 59.48 Bn | 59.10 Bn | 2.14 Bn | 27.80% |
| 7 | Mplx | 58.45 Bn | 52.01 Bn | 2.91 Bn | 41.61% |
| 8 | Oneok | 55.88 Bn | 54.37 Bn | 2.81 Bn | 13.22% |
| 9 | Cheniere Energy | 55.70 Bn | 55.83 Bn | 5.29 Bn | 74.84% |
| 10 | Plains All American Pipeline | 17.31 Bn | 14.57 Bn | 1.14 Bn | 2.25% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 2.25% |
| Mar 31, 2026 | 3.25% |
| Dec 31, 2025 | 3.36% |
| Sep 30, 2025 | 4.18% |
| Jun 30, 2025 | 2.25% |
| Mar 31, 2025 | 3.10% |
| Dec 31, 2024 | -0.13% |
| Sep 30, 2024 | 1.57% |
| Jun 30, 2024 | 2.60% |
| Mar 31, 2024 | 3.06% |
| Dec 31, 2023 | 1.53% |
| Sep 30, 2023 | 1.94% |
| Jun 30, 2023 | 3.26% |
| Mar 31, 2023 | 3.83% |
| Dec 31, 2022 | -0.29% |
| Sep 30, 2022 | 4.37% |
| Jun 30, 2022 | 2.51% |
| Mar 31, 2022 | 2.14% |
| Dec 31, 2021 | 4.61% |
| Sep 30, 2021 | -0.35% |
Plains All American Pipeline EBIT Margin 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=ebit-margin&ticker=PAA&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ebit-margin", "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=ebit-margin&ticker=PAA&period=max&api_key=YOUR_API_KEY");
const data = await res.json();