Plains All American Pipeline (PAA) FCF Payout Ratio (2009 - 2026)
Plains All American Pipeline (PAA) posted FCF Payout Ratio of 0.12 for Q2 2026, down 65.09% on a QoQ basis from 0.36 in Q1 2026, and down 32.56% year-over-year from 0.19 in Q2 2025.
Analysis
Plains All American Pipeline (PAA) FCF Payout Ratio (2009 - 2026) Analysis & Trends
Plains All American Pipeline has reported FCF Payout Ratio for 18 years, with the latest figure at 0.12 in Q2 2026.
- On a quarterly basis, FCF Payout Ratio fell 32.56% year-over-year to 0.12 in Q2 2026; TTM through Jun 2026 was 0.18, a 13.06% decrease from a year earlier, with the FY2025 full-year figure at 0.19, down 6.34% from the prior year.
- FCF Payout Ratio was 0.12 for Q2 2026 at Plains All American Pipeline, down from 0.36 in the prior quarter.
- The five-year high for FCF Payout Ratio was 0.54 in Q4 2022, with the low at 1.65 in Q3 2023.
- Average FCF Payout Ratio over 5 years is 0.1, with a median of 0.17 recorded in 2025.
- The sharpest annual moves came in 2022 and 2023: FCF Payout Ratio soared 7468.59% in 2022, then slumped 1957.74% in 2023.
- Over 5 years, FCF Payout Ratio stood at 0.54 in 2022, then slumped by 82.49% to 0.1 in 2023, then soared by 94.25% to 0.19 in 2024, then fell by 8.59% to 0.17 in 2025, then dropped by 26.25% to 0.12 in 2026.
- The last three FCF Payout Ratio figures came in at 0.12 (Q2 2026), 0.36 (Q1 2026), and 0.17 (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Kinder Morgan | 111.69 Bn | 112.81 Bn | 3.07 Bn | 0.68 |
| 2 | Enterprise Products Partners | 84.07 Bn | 83.21 Bn | - | 0.59 |
| 3 | Energy Transfer | 74.03 Bn | 73.00 Bn | 7.40 Bn | 0.46 |
| 4 | Tc Energy | 65.16 Bn | 64.62 Bn | 1.80 Bn | -0.10 |
| 5 | Targa Resources | 62.18 Bn | 62.19 Bn | 2.14 Bn | 0.63 |
| 6 | Mplx | 60.51 Bn | 59.48 Bn | 2.73 Bn | 1.25 |
| 7 | Oneok | 60.16 Bn | 60.09 Bn | 2.81 Bn | 0.47 |
| 8 | Enbridge | 54.38 Bn | 54.88 Bn | 5.23 Bn | 1.87 |
| 9 | Pembina Pipeline | 28.12 Bn | 27.76 Bn | 933.00 Mn | -0.38 |
| 10 | Plains All American Pipeline | 18.13 Bn | 17.07 Bn | 1.14 Bn | 0.12 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 0.12 |
| Mar 31, 2026 | 0.36 |
| Dec 31, 2025 | 0.17 |
| Sep 30, 2025 | 0.17 |
| Jun 30, 2025 | 0.19 |
| Mar 31, 2025 | 0.26 |
| Dec 31, 2024 | 0.19 |
| Sep 30, 2024 | 0.19 |
| Jun 30, 2024 | 0.17 |
| Mar 31, 2024 | 0.38 |
| Dec 31, 2023 | 0.10 |
| Sep 30, 2023 | -1.65 |
| Jun 30, 2023 | 0.10 |
| Mar 31, 2023 | 0.13 |
| Dec 31, 2022 | 0.54 |
| Sep 30, 2022 | 0.09 |
| Jun 30, 2022 | 0.09 |
| Mar 31, 2022 | 0.25 |
| Dec 31, 2021 | 0.01 |
| Sep 30, 2021 | 0.02 |