Plains All American Pipeline (PAA) FCF Payout Ratio (2010 - 2026)

Plains All American Pipeline (PAA) recorded quarterly FCF Payout Ratio of 0.36 in Q1 2026, up 111.27% quarter-over-quarter from 0.17 in Q4 2025, and down 21.7% on a YoY basis from 0.46 in Q1 2025.

Plains All American Pipeline (PAA) FCF Payout Ratio (2010 - 2026) Analysis & Trends

Plains All American Pipeline's FCF Payout Ratio history runs 17 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 0.18 (down 17.43% YoY), while the FY2025 annual figure was 0.19, down 6.34% from the prior year.
  • FCF Payout Ratio was 0.36 for Q1 2026 at Plains All American Pipeline, up from 0.17 in the prior quarter.
  • In the past five years, FCF Payout Ratio ranged from a high of 0.54 in Q4 2022 to a low of 1.65 in Q3 2023.
  • Historically, FCF Payout Ratio has averaged 0.12 across 5 years, with a median of 0.18 in 2023.
  • The sharpest annual moves came in 2022 and 2023: FCF Payout Ratio surged 7468.59% in 2022, then tumbled 1957.74% in 2023.
  • A 5-year view of FCF Payout Ratio shows it stood at 0.54 in 2022, then sank by 66.86% to 0.18 in 2023, then advanced by 2.62% to 0.19 in 2024, then declined by 8.59% to 0.17 in 2025, then surged by 111.27% to 0.36 in 2026.
  • The last three FCF Payout Ratio figures came in at 0.36 (Q1 2026), 0.17 (Q4 2025), and 0.12 (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) FCF Cover (Qtr)
1 Enbridge 88.33 Bn 89.03 Bn 6.70 Bn -1.10
2 Enterprise Products Partners 80.83 Bn 79.68 Bn - 0.05
3 Kinder Morgan 69.66 Bn 70.75 Bn 3.08 Bn 0.03
4 Energy Transfer 65.60 Bn 64.88 Bn 6.62 Bn 0.80
5 Scorpio Tankers 59.17 Bn 58.19 Bn - -
6 Mplx 57.43 Bn 55.92 Bn 2.54 Bn 1.42
7 Targa Resources 56.68 Bn 56.71 Bn 1.70 Bn -1.37
8 Oneok 55.34 Bn 55.21 Bn 2.57 Bn 9.63
9 Tc Energy 50.79 Bn 51.99 Bn 2.95 Bn -1.61
10 Plains All American Pipeline 15.89 Bn 15.72 Bn 977.00 Mn 0.36

Historic Data

Download Data
DateValue
Mar 31, 2026 0.36
Dec 31, 2025 0.17
Sep 30, 2025 0.12
Jun 30, 2025 0.22
Mar 31, 2025 0.46
Dec 31, 2024 0.19
Sep 30, 2024 0.19
Jun 30, 2024 0.17
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
Mar 31, 2021 0.01