Plains All American Pipeline (PAA) EBITDA (2009 - 2026)
Plains All American Pipeline (PAA) reported EBITDA of $751 million for Q3 2026, up 5.2% from $714 million a year earlier and up 17.3% from the prior quarter.
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Analysis
Plains All American Pipeline (PAA) EBITDA (2009 - 2026) Analysis & Trends
Over the twelve months ended Sep 30, 2026, Plains All American Pipeline's EBITDA came in at $2.65 billion, up 33.5% year-over-year; for FY2025, it was $2.39 billion, up 34.9% from FY2024.
- By year, EBITDA came in at $1.77 billion in FY2024 (-18.4%), $2.17 billion in FY2023 (-4.0%), $2.26 billion in FY2022 (+38.9%) and $1.63 billion in FY2021.
- The Q3 2026 figure ranks as the highest quarterly EBITDA since Q3 2022.
- Year over year, EBITDA has now increased in each of the last five quarters, with growth averaging 32.6% over the last eight quarters.
- The high point for year-over-year EBITDA in five years was Q4 2021 (growth of 765.3%); the low point was Q4 2022 (a decline of 73.7%).
- Per Business Quant data, the three quarters before Q3 2026 came in at $640 million (Q2 2026), $648 million (Q1 2026) and $612 million (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA (Qtr) |
|---|---|---|---|---|---|
| 1 | Enbridge | 106.26 Bn | 104.14 Bn | 4.35 Bn | 2.59 Bn |
| 2 | Williams Companies | 86.41 Bn | 89.20 Bn | 2.59 Bn | 1.76 Bn |
| 3 | Enterprise Products Partners | 82.58 Bn | 80.98 Bn | 14.00 Mn | 2.63 Bn |
| 4 | Kinder Morgan | 71.13 Bn | 71.22 Bn | 2.97 Bn | 1.79 Bn |
| 5 | Tc Energy | 67.40 Bn | 71.05 Bn | - | 2.26 Bn |
| 6 | Energy Transfer | 66.89 Bn | 62.98 Bn | 6.57 Bn | 4.38 Bn |
| 7 | Targa Resources | 63.77 Bn | 62.98 Bn | 2.02 Bn | 1.56 Bn |
| 8 | Cheniere Energy | 63.04 Bn | 62.60 Bn | 2.97 Bn | 2.31 Bn |
| 9 | Mplx | 58.00 Bn | 52.25 Bn | 3.19 Bn | 1.86 Bn |
| 10 | Plains All American Pipeline | 17.30 Bn | 18.05 Bn | 1.14 Bn | 751.00 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 751.00 Mn |
| Jun 30, 2026 | 640.00 Mn |
| Mar 31, 2026 | 648.00 Mn |
| Dec 31, 2025 | 612.00 Mn |
| Sep 30, 2025 | 714.00 Mn |
| Jun 30, 2025 | 474.00 Mn |
| Mar 31, 2025 | 588.00 Mn |
| Dec 31, 2024 | 210.00 Mn |
| Sep 30, 2024 | 422.00 Mn |
| Jun 30, 2024 | 558.00 Mn |
| Mar 31, 2024 | 610.00 Mn |
| Dec 31, 2023 | 306.00 Mn |
| Sep 30, 2023 | 494.00 Mn |
| Jun 30, 2023 | 637.00 Mn |
| Mar 31, 2023 | 729.00 Mn |
| Dec 31, 2022 | 216.00 Mn |
| Sep 30, 2022 | 864.00 Mn |
| Jun 30, 2022 | 653.00 Mn |
| Mar 31, 2022 | 523.00 Mn |
| Dec 31, 2021 | 822.00 Mn |
API Access
Plains All American Pipeline EBITDA 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=ebitda&ticker=PAA&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ebitda", "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=ebitda&ticker=PAA&period=max&api_key=YOUR_API_KEY");
const data = await res.json();