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
DateValue
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