Plains All American Pipeline (PAA) FCF Payout Ratio (2009 - 2026)
Plains All American Pipeline (PAA) posted quarterly FCF Payout Ratio of 0.36 for Q1 2026, down 21.7% year-over-year from 0.46 in Q1 2025, and down 49.0% quarter-over-quarter from 0.7 in Q4 2025.
Plains All American Pipeline (PAA) FCF Payout Ratio (2009 - 2026) Analysis & Trends
Plains All American Pipeline's FCF Payout Ratio history runs 18 years deep, the most recent figure standing at 0.36 for Q1 2026.
- In Q1 2026, FCF Payout Ratio fell 21.7% year-over-year to 0.36; the TTM figure through Mar 2026 stood at 0.23 (up 4.67% YoY), while the FY2025 annual figure was 0.25, up 18.72% from the prior year.
- FCF Payout Ratio for Q1 2026 stood at 0.36, down from 0.7 in the prior quarter.
- The five-year high for FCF Payout Ratio was 0.7 in Q4 2025, with the low at 1.65 in Q3 2023.
- The 5-year median for FCF Payout Ratio is 0.19 (2024), against an average of 0.15.
- The sharpest annual moves came in 2022 and 2023: FCF Payout Ratio jumped 7468.59% in 2022, then slumped 1957.74% in 2023.
- Plains All American Pipeline's FCF Payout Ratio stood at 0.54 in 2022, then plunged by 66.86% to 0.18 in 2023, then gained by 2.62% to 0.19 in 2024, then soared by 278.7% to 0.7 in 2025, then slumped by 49.0% to 0.36 in 2026.
- Business Quant data shows PAA's FCF Payout Ratio at 0.36 in Q1 2026, 0.7 in Q4 2025, and 0.12 in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Kinder Morgan | 112.69 Bn | 112.57 Bn | 3.07 Bn | 0.68 |
| 2 | Enbridge | 111.03 Bn | 109.54 Bn | 5.23 Bn | 1.87 |
| 3 | Enterprise Products Partners | 83.34 Bn | 82.44 Bn | - | 0.59 |
| 4 | Energy Transfer | 72.41 Bn | 71.38 Bn | 7.40 Bn | 0.46 |
| 5 | Tc Energy | 65.97 Bn | 58.41 Bn | 1.24 Bn | -0.14 |
| 6 | Oneok | 60.11 Bn | 59.94 Bn | 2.81 Bn | 0.47 |
| 7 | Mplx | 60.04 Bn | 59.01 Bn | 2.73 Bn | 1.25 |
| 8 | Targa Resources | 59.42 Bn | 59.29 Bn | 2.14 Bn | 0.63 |
| 9 | Cheniere Energy | 56.10 Bn | 54.85 Bn | 5.29 Bn | 0.48 |
| 10 | Plains All American Pipeline | 16.79 Bn | 15.73 Bn | 1.14 Bn | 0.12 |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 0.12 |
| Mar 31, 2026 | 0.36 |
| Dec 31, 2025 | 0.70 |
| Sep 30, 2025 | 0.12 |
| Jun 30, 2025 | 0.22 |
| Mar 31, 2025 | 0.46 |
| Dec 31, 2024 | 0.19 |
| Sep 30, 2024 | 0.17 |
| Jun 30, 2024 | 0.20 |
| Mar 31, 2024 | 0.38 |
| Dec 31, 2023 | 0.18 |
| 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 |