Plains All American Pipeline (PAA) FCF Payout Ratio (2009 - 2026)
Plains All American Pipeline's (PAA) FCF Payout Ratio came in at 0.71 for Q3 2026, up 39.7% from 0.51 a year earlier and up 67.5% from the prior quarter.
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Analysis
Plains All American Pipeline (PAA) FCF Payout Ratio (2009 - 2026) Analysis & Trends
For the trailing twelve months through Sep 30, 2026, FCF Payout Ratio at Plains All American Pipeline was 0.61, up 10.6% year-over-year; for FY2025, it came in at 0.56, up 0.7% from FY2024.
- Annual FCF Payout Ratio has increased for three consecutive years.
- In prior years, Plains All American Pipeline's FCF Payout Ratio was 0.56 in FY2024 (+31.5%), 0.43 in FY2023 (+6.5%), 0.40 in FY2022 (-7.0%) and 0.43 in FY2021 (-60.8%).
- Quarterly FCF Payout Ratio has run from a low of 0.23 in Q3 2022 to a high of 1.21 in Q1 2026 over five years.
- On a year-over-year basis, FCF Payout Ratio increased in six of the last eight quarters, with growth averaging 21.7%.
- The strongest year-over-year quarter for FCF Payout Ratio in the past five years was Q4 2022, with growth of 228.1%; the weakest was Q4 2021, with a decline of 77.7%.
- According to Business Quant data, FCF Payout Ratio for the three prior quarters was 0.42 (Q2 2026), 1.21 (Q1 2026) and 0.50 (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Cover (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 | 1.07 |
| 4 | Kinder Morgan | 71.13 Bn | 71.22 Bn | 2.97 Bn | 1.22 |
| 5 | Tc Energy | 67.40 Bn | 71.05 Bn | - | 0.31 |
| 6 | Energy Transfer | 66.89 Bn | 62.98 Bn | 6.57 Bn | 0.56 |
| 7 | Targa Resources | 63.77 Bn | 62.98 Bn | 2.02 Bn | 2.24 |
| 8 | Cheniere Energy | 63.04 Bn | 62.60 Bn | 2.97 Bn | - |
| 9 | Mplx | 58.00 Bn | 52.25 Bn | 3.19 Bn | 1.60 |
| 10 | Plains All American Pipeline | 17.30 Bn | 18.05 Bn | 1.14 Bn | 0.71 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 0.71 |
| Jun 30, 2026 | 0.42 |
| Mar 31, 2026 | 1.21 |
| Dec 31, 2025 | 0.50 |
| Sep 30, 2025 | 0.51 |
| Jun 30, 2025 | 0.61 |
| Mar 31, 2025 | 0.66 |
| Dec 31, 2024 | 0.46 |
| Sep 30, 2024 | 0.49 |
| Jun 30, 2024 | 0.49 |
| Mar 31, 2024 | 1.10 |
| Dec 31, 2023 | 0.25 |
| Jun 30, 2023 | 0.33 |
| Mar 31, 2023 | 0.39 |
| Dec 31, 2022 | 1.12 |
| Sep 30, 2022 | 0.23 |
| Jun 30, 2022 | 0.31 |
| Mar 31, 2022 | 0.69 |
| Dec 31, 2021 | 0.34 |
| Sep 30, 2021 | 0.64 |
API Access
Plains All American Pipeline FCF Payout Ratio 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=fcf-payout-ratio&ticker=PAA&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "fcf-payout-ratio", "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=fcf-payout-ratio&ticker=PAA&period=max&api_key=YOUR_API_KEY");
const data = await res.json();