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| Date | Value |
|---|---|
| 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 |