Plains All American Pipeline (PAA) Enterprise Value (2009 - 2026)
Plains All American Pipeline's (PAA) quarterly Enterprise Value came in at -$171.0 million in Q1 2026, up 59.95% year-on-year from -$106.9 million in Q1 2025, and up 47.87% quarter-over-quarter from -$328.0 million in Q4 2025.
Plains All American Pipeline (PAA) Enterprise Value (2009 - 2026) Analysis & Trends
Plains All American Pipeline's Enterprise Value history runs 18 years deep, the most recent figure standing at -$171.0 million for Q1 2026.
- On a quarterly basis, Enterprise Value rose 59.95% year-over-year to -$171.0 million in Q1 2026; TTM through Mar 2026 was -$171.0 million, a 59.95% increase from a year earlier, with the FY2025 full-year figure at -$328.0 million, up 5.75% from the prior year.
- Enterprise Value climbed to -$171.0 million in Q1 2026 per PAA's latest filing, from -$328.0 million in the prior quarter.
- Across five years, Enterprise Value topped out at -$114.0 million in Q1 2022 and bottomed at -$1.2 billion in Q3 2025.
- The 5-year median for Enterprise Value is -$427.0 million (2025), against an average of -$471.2 million.
- Across the five-year window, Enterprise Value slumped 761.29% in 2022 and jumped 59.95% in 2026, its largest moves.
- Year by year, Enterprise Value stood at -$401.0 million in 2022, then declined by 12.22% to -$450.0 million in 2023, then climbed by 22.67% to -$348.0 million in 2024, then advanced by 5.75% to -$328.0 million in 2025, then soared by 47.87% to -$171.0 million in 2026.
- Per Business Quant, the three latest PAA Enterprise Value figures stand at -$171.0 million (Q1 2026), -$328.0 million (Q4 2025), and -$1.2 billion (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Enterprise Value (Qtr) |
|---|---|---|---|---|---|
| 1 | DHT Holdings | 2,706.13 Bn | 2,706.00 Bn | 167.16 Mn | -126.77 Mn |
| 2 | Flex LNG | 1,674.16 Bn | 1,673.77 Bn | 61.79 Mn | -389.07 Mn |
| 3 | Kinder Morgan | 112.74 Bn | 113.82 Bn | 3.07 Bn | 1.13 Bn |
| 4 | Enbridge | 89.82 Bn | 89.03 Bn | 6.70 Bn | 700.77 Mn |
| 5 | Enterprise Products Partners | 83.97 Bn | 82.82 Bn | - | -1.15 Bn |
| 6 | Tc Energy | 72.76 Bn | 73.95 Bn | 1.36 Bn | 1.19 Bn |
| 7 | Energy Transfer | 70.27 Bn | 69.30 Bn | 6.62 Bn | -971.00 Mn |
| 8 | Targa Resources | 61.30 Bn | 61.34 Bn | 1.70 Bn | 32.40 Mn |
| 9 | Oneok | 61.15 Bn | 61.02 Bn | 8.98 Bn | -131.00 Mn |
| 10 | Plains All American Pipeline | 17.42 Bn | 17.25 Bn | 977.00 Mn | -171.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -171.00 Mn |
| Dec 31, 2025 | -328.00 Mn |
| Sep 30, 2025 | -1.18 Bn |
| Jun 30, 2025 | -459.00 Mn |
| Mar 31, 2025 | -427.00 Mn |
| Dec 31, 2024 | -348.00 Mn |
| Sep 30, 2024 | -640.00 Mn |
| Jun 30, 2024 | -553.00 Mn |
| Mar 31, 2024 | -331.00 Mn |
| Dec 31, 2023 | -450.00 Mn |
| Sep 30, 2023 | -260.00 Mn |
| Jun 30, 2023 | -933.00 Mn |
| Mar 31, 2023 | -526.00 Mn |
| Dec 31, 2022 | -401.00 Mn |
| Sep 30, 2022 | -623.00 Mn |
| Jun 30, 2022 | -267.00 Mn |
| Mar 31, 2022 | -114.00 Mn |
| Dec 31, 2021 | -453.00 Mn |
| Sep 30, 2021 | -194.00 Mn |
| Jun 30, 2021 | -31.00 Mn |