Plains All American Pipeline (PAA) EV to FCF (2009 - 2026)
Plains All American Pipeline's (PAA) EV to FCF stood at 8.40 in Q3 2026, up 35.8% from 6.19 a year earlier and up 11.8% from the prior quarter.
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Analysis
Plains All American Pipeline (PAA) EV to FCF (2009 - 2026) Analysis & Trends
On a TTM basis, Plains All American Pipeline's EV to FCF came in at 7.72 as of Sep 30, 2026, up 36.7% year-over-year; for FY2025, it was 6.80, down 7.2% from FY2024.
- Across earlier years, EV to FCF came in at 7.32 in FY2024 (+26.0%), 5.81 in FY2023 (+2.5%), 5.67 in FY2022 (+4.9%) and 5.41 in FY2021 (-30.9%).
- Quarterly EV to FCF has ranged from 4.11 in Q3 2022 to 9.15 in Q3 2023 over the past five years.
- On a year-over-year basis, EV to FCF has increased for three consecutive quarters, with growth averaging 7.8% over the last eight quarters.
- Peak year-over-year performance for EV to FCF in the last five years was growth of 122.6% in Q3 2023, against a decline of 42.5% in Q1 2023 at the low end.
- Per Business Quant, the preceding three quarters came in at 7.52 (Q2 2026), 9.03 (Q1 2026) and 6.80 (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Enbridge | 106.26 Bn | 104.14 Bn | 4.35 Bn |
| 2 | Williams Companies | 86.41 Bn | 89.20 Bn | 2.59 Bn |
| 3 | Enterprise Products Partners | 82.58 Bn | 80.98 Bn | 14.00 Mn |
| 4 | Kinder Morgan | 71.13 Bn | 71.22 Bn | 2.97 Bn |
| 5 | Tc Energy | 67.40 Bn | 71.05 Bn | - |
| 6 | Energy Transfer | 66.89 Bn | 62.98 Bn | 6.57 Bn |
| 7 | Targa Resources | 63.77 Bn | 62.98 Bn | 2.02 Bn |
| 8 | Cheniere Energy | 63.04 Bn | 62.60 Bn | 2.97 Bn |
| 9 | Mplx | 58.00 Bn | 52.25 Bn | 3.19 Bn |
| 10 | Plains All American Pipeline | 17.30 Bn | 18.05 Bn | 1.14 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 8.40 |
| Jun 30, 2026 | 7.52 |
| Mar 31, 2026 | 9.03 |
| Dec 31, 2025 | 6.80 |
| Sep 30, 2025 | 6.19 |
| Jun 30, 2025 | 7.04 |
| Mar 31, 2025 | 7.40 |
| Dec 31, 2024 | 7.32 |
| Sep 30, 2024 | 6.13 |
| Jun 30, 2024 | 8.51 |
| Mar 31, 2024 | 7.80 |
| Dec 31, 2023 | 5.81 |
| Sep 30, 2023 | 9.15 |
| Jun 30, 2023 | 5.11 |
| Mar 31, 2023 | 4.89 |
| Dec 31, 2022 | 5.67 |
| Sep 30, 2022 | 4.11 |
| Jun 30, 2022 | 5.33 |
| Mar 31, 2022 | 8.51 |
| Dec 31, 2021 | 5.41 |
API Access
Plains All American Pipeline EV to FCF 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=ev-to-fcf&ticker=PAA&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ev-to-fcf", "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=ev-to-fcf&ticker=PAA&period=max&api_key=YOUR_API_KEY");
const data = await res.json();