Plains All American Pipeline (PAA) EBT Margin (2009 - 2026)
Plains All American Pipeline (PAA) posted quarterly EBT Margin of 2.69% for Q1 2026, down 70.0% year-over-year from 8.95% in Q1 2025, and down 12.13% quarter-over-quarter from 3.06% in Q4 2025.
Plains All American Pipeline (PAA) EBT Margin (2009 - 2026) Analysis & Trends
Plains All American Pipeline's EBT Margin history runs 18 years deep, the most recent figure standing at 2.69% for Q1 2026.
- In Q1 2026, EBT Margin fell 70.0% year-over-year to 2.69%; the TTM figure through Mar 2026 stood at 2.98% (up 91.0% YoY), while the FY2025 annual figure was 3.17%, up 118.0% from the prior year.
- EBT Margin for Q1 2026 stood at 2.69%, down from 3.06% in the prior quarter.
- The five-year high for EBT Margin was 4.28% in Q1 2023, with the low at 0.51% in Q4 2024.
- The 5-year median for EBT Margin is 2.69% (2026), against an average of 2.63%.
- Peak annual rise in EBT Margin reached 463 bps in 2022, while the deepest fall reached 354 bps in 2022.
- Plains All American Pipeline's EBT Margin stood at 2.49% in 2022, then sank by 34 bps to 1.64% in 2023, then sank by 69 bps to 0.51% in 2024, then soared by 503 bps to 3.06% in 2025, then decreased by 12 bps to 2.69% in 2026.
- Business Quant data shows PAA's EBT Margin at 2.69% in Q1 2026, 3.06% in Q4 2025, and 3.96% in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBT Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Kinder Morgan | 112.69 Bn | 112.57 Bn | 3.07 Bn | 26.04% |
| 2 | Enbridge | 111.03 Bn | 109.54 Bn | 5.23 Bn | 6.86% |
| 3 | Enterprise Products Partners | 83.34 Bn | 82.44 Bn | - | 10.22% |
| 4 | Energy Transfer | 72.41 Bn | 71.38 Bn | 7.40 Bn | 7.93% |
| 5 | Tc Energy | 65.97 Bn | 58.41 Bn | 1.24 Bn | 81.49% |
| 6 | Oneok | 60.11 Bn | 59.94 Bn | 2.81 Bn | 10.51% |
| 7 | Mplx | 60.04 Bn | 59.01 Bn | 2.73 Bn | 32.88% |
| 8 | Targa Resources | 59.42 Bn | 59.29 Bn | 2.14 Bn | 22.63% |
| 9 | Cheniere Energy | 56.10 Bn | 54.85 Bn | 5.29 Bn | 69.92% |
| 10 | Plains All American Pipeline | 16.79 Bn | 15.73 Bn | 1.14 Bn | 2.13% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 2.13% |
| Mar 31, 2026 | 2.69% |
| Dec 31, 2025 | 3.06% |
| Sep 30, 2025 | 3.96% |
| Jun 30, 2025 | 2.17% |
| Mar 31, 2025 | 3.39% |
| Dec 31, 2024 | 0.51% |
| Sep 30, 2024 | 1.65% |
| Jun 30, 2024 | 2.74% |
| Mar 31, 2024 | 3.14% |
| Dec 31, 2023 | 1.64% |
| Sep 30, 2023 | 2.20% |
| Jun 30, 2023 | 3.38% |
| Mar 31, 2023 | 4.28% |
| Dec 31, 2022 | 2.49% |
| Sep 30, 2022 | 3.84% |
| Jun 30, 2022 | 1.82% |
| Mar 31, 2022 | 1.80% |
| Dec 31, 2021 | 4.50% |
| Sep 30, 2021 | -0.79% |