Plains All American Pipeline (PAA) EBITDA (2009 - 2026)
Plains All American Pipeline (PAA) posted EBITDA of $398.0 million for Q2 2026, down 1.73% on a QoQ basis from $405.0 million in Q1 2026, and up 66.53% year-over-year from $239.0 million in Q2 2025.
Analysis
Plains All American Pipeline (PAA) EBITDA (2009 - 2026) Analysis & Trends
Plains All American Pipeline has reported EBITDA for 18 years, with the latest figure at $398.0 million in Q2 2026.
- On a quarterly basis, EBITDA rose 66.53% year-over-year to $398.0 million in Q2 2026; TTM through Jun 2026 was $1.6 billion, a 111.87% increase from a year earlier, with the FY2025 full-year figure at $2.1 billion, up 39.81% from the prior year.
- EBITDA was $398.0 million for Q2 2026 at Plains All American Pipeline, down from $405.0 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 $314.2 million, with a median of $355.5 million recorded in 2024.
- The sharpest annual moves came in 2022 and 2024: EBITDA surged 3230.0% in 2022, then slumped 109.25% in 2024.
- Over 5 years, EBITDA stood at -$38.0 million in 2022, then soared by 555.26% to $173.0 million in 2023, then plunged by 109.25% to -$16.0 million in 2024, then soared by 2318.75% to $355.0 million in 2025, then climbed by 12.11% to $398.0 million in 2026.
- The last three EBITDA figures came in at $398.0 million (Q2 2026), $405.0 million (Q1 2026), and $355.0 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA (Qtr) |
|---|---|---|---|---|---|
| 1 | Kinder Morgan | 111.69 Bn | 112.81 Bn | 3.07 Bn | 1.35 Bn |
| 2 | Enterprise Products Partners | 84.07 Bn | 83.21 Bn | - | 2.25 Bn |
| 3 | Energy Transfer | 74.03 Bn | 73.00 Bn | 7.40 Bn | 3.57 Bn |
| 4 | Tc Energy | 65.16 Bn | 64.62 Bn | 1.80 Bn | 1.67 Bn |
| 5 | Targa Resources | 62.18 Bn | 62.19 Bn | 2.14 Bn | 1.59 Bn |
| 6 | Mplx | 60.51 Bn | 59.48 Bn | 2.73 Bn | 1.70 Bn |
| 7 | Oneok | 60.16 Bn | 60.09 Bn | 2.81 Bn | 1.59 Bn |
| 8 | Enbridge | 54.38 Bn | 54.88 Bn | 5.23 Bn | 2.10 Bn |
| 9 | Pembina Pipeline | 28.12 Bn | 27.76 Bn | 933.00 Mn | 806.00 Mn |
| 10 | Plains All American Pipeline | 18.13 Bn | 17.07 Bn | 1.14 Bn | 398.00 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 398.00 Mn |
| 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 |