KPIs & Operating Metrics(New)
Growth Metrics

Plains All American Pipeline (PAA) FCF Margin (2016 - 2026)

Plains All American Pipeline has reported FCF Margin over the past 17 years, most recently at 9.01% for Q4 2025.

  • For Q4 2025, FCF Margin rose 247.0% year-over-year to 9.01%; the TTM value through Dec 2025 reached 5.18%, up 100.0%, while the annual FY2025 figure was 5.18%, 100.0% up from the prior year.
  • FCF Margin for Q4 2025 was 9.01% at Plains All American Pipeline, up from 2.75% in the prior quarter.
  • Over five years, FCF Margin peaked at 9.01% in Q4 2025 and troughed at 0.43% in Q3 2023.
  • A 5-year average of 4.37% and a median of 4.13% in 2021 define the central range for FCF Margin.
  • Biggest five-year swings in FCF Margin: crashed -653bps in 2022 and later skyrocketed 742bps in 2023.
  • Year by year, FCF Margin stood at 4.28% in 2021, then crashed by -66bps to 1.47% in 2022, then skyrocketed by 503bps to 8.89% in 2023, then fell by -26bps to 6.54% in 2024, then soared by 38bps to 9.01% in 2025.
  • Business Quant data shows FCF Margin for PAA at 9.01% in Q4 2025, 2.75% in Q3 2025, and 5.4% in Q2 2025.