Plains All American Pipeline (PAA) EBITDA (2009 - 2026)

Plains All American Pipeline (PAA) posted quarterly EBITDA of $405.0 million for Q1 2026, up 13.76% year-over-year from $356.0 million in Q1 2025, and up 14.08% on a QoQ basis from $355.0 million in Q4 2025.

Plains All American Pipeline (PAA) EBITDA (2009 - 2026) Analysis & Trends

Plains All American Pipeline (PAA) has reported EBITDA for 18 consecutive years, with $405.0 million the latest figure, recorded in Q1 2026.

  • In Q1 2026, EBITDA rose 13.76% year-over-year to $405.0 million; the TTM figure through Mar 2026 stood at $1.5 billion (up 70.85% YoY), while the FY2025 annual figure was $2.1 billion, up 39.81% from the prior year.
  • EBITDA came in at $405.0 million for Q1 2026 at Plains All American Pipeline, up from $355.0 million in the prior quarter.
  • The five-year high for EBITDA was $626.0 million in Q3 2022, with the low at -$38.0 million in Q4 2022.
  • Average EBITDA over 5 years is $309.2 million, with a median of $355.0 million recorded in 2025.
  • Across the five-year window, EBITDA jumped 3230.0% in 2022 and plunged 109.25% in 2024, its largest moves.
  • Year by year, EBITDA stood at -$38.0 million in 2022, then surged by 555.26% to $173.0 million in 2023, then slumped by 109.25% to -$16.0 million in 2024, then surged by 2318.75% to $355.0 million in 2025, then climbed by 14.08% to $405.0 million in 2026.
  • According to Business Quant data, EBITDA over the past three periods registered $405.0 million, $355.0 million, and $484.0 million for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) EBITDA (Qtr)
1 Imperial Petroleum 209.86 Bn 209.78 Bn 50.64 Mn 34.93 Mn
2 Kinder Morgan 112.10 Bn 113.18 Bn 3.08 Bn 1.44 Bn
3 Enterprise Products Partners 79.05 Bn 77.90 Bn - 1.90 Bn
4 Energy Transfer 65.51 Bn 64.79 Bn 6.62 Bn 2.98 Bn
5 Mplx 56.73 Bn 55.22 Bn 2.54 Bn 1.53 Bn
6 Targa Resources 55.40 Bn 55.43 Bn 1.70 Bn 1.17 Bn
7 Oneok 54.08 Bn 53.95 Bn 2.57 Bn 1.43 Bn
8 Cheniere Energy 51.35 Bn 53.55 Bn 5.86 Bn -3.12 Bn
9 Cheniere Energy Partners 29.53 Bn 29.25 Bn 838.00 Mn 534.00 Mn
10 Plains All American Pipeline 15.70 Bn 15.53 Bn 977.00 Mn 405.00 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 405.00 Mn
Dec 31, 2025 355.00 Mn
Sep 30, 2025 484.00 Mn
Jun 30, 2025 239.00 Mn
Mar 31, 2025 356.00 Mn
Dec 31, 2024 -16.00 Mn
Sep 30, 2024 196.00 Mn
Jun 30, 2024 332.00 Mn
Mar 31, 2024 356.00 Mn
Dec 31, 2023 173.00 Mn
Sep 30, 2023 234.00 Mn
Jun 30, 2023 378.00 Mn
Mar 31, 2023 473.00 Mn
Dec 31, 2022 -38.00 Mn
Sep 30, 2022 626.00 Mn
Jun 30, 2022 411.00 Mn
Mar 31, 2022 293.00 Mn
Dec 31, 2021 1.20 Bn
Sep 30, 2021 -20.00 Mn
Jun 30, 2021 -218.00 Mn