Plains All American Pipeline (PAA) Free Cash Flow (2009 - 2026)
Plains All American Pipeline (PAA) posted quarterly Free Cash Flow of $288.0 million for Q1 2026, little changed year-over-year from $289.0 million in Q1 2025, and up 87.01% quarter-over-quarter from $154.0 million in Q4 2025.
Plains All American Pipeline (PAA) Free Cash Flow (2009 - 2026) Analysis & Trends
Plains All American Pipeline's Free Cash Flow history runs 18 years deep, the most recent figure standing at $288.0 million for Q1 2026.
- In Q1 2026, Free Cash Flow changed 0.35% year-over-year to $288.0 million; the TTM figure through Mar 2026 stood at $1.8 billion (down 12.61% YoY), while the FY2025 annual figure was $1.8 billion, down 11.41% from the prior year.
- Free Cash Flow for Q1 2026 stood at $288.0 million, up from $154.0 million in the prior quarter.
- The five-year high for Free Cash Flow was $933.0 million in Q3 2025, with the low at -$52.0 million in Q3 2023.
- The 5-year median for Free Cash Flow is $497.0 million (2024), against an average of $466.8 million.
- The sharpest annual moves came in 2023 and 2024: Free Cash Flow slumped 106.34% in 2023, then surged 1373.08% in 2024.
- Plains All American Pipeline's Free Cash Flow stood at $191.0 million in 2022, then soared by 178.53% to $532.0 million in 2023, then advanced by 16.73% to $621.0 million in 2024, then plunged by 75.2% to $154.0 million in 2025, then jumped by 87.01% to $288.0 million in 2026.
- Business Quant data shows PAA's Free Cash Flow at $288.0 million in Q1 2026, $154.0 million in Q4 2025, and $933.0 million in Q3 2025.
Powered by 
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Free Cash Flow (Qtr) |
|---|---|---|---|---|---|
| 1 | Kinder Morgan | 112.69 Bn | 112.57 Bn | 3.07 Bn | 978.00 Mn |
| 2 | Enbridge | 110.69 Bn | 109.19 Bn | 5.23 Bn | 821.24 Mn |
| 3 | Enterprise Products Partners | 83.45 Bn | 82.54 Bn | - | 2.02 Bn |
| 4 | Energy Transfer | 72.64 Bn | 71.61 Bn | 7.40 Bn | 2.71 Bn |
| 5 | Tc Energy | 65.84 Bn | 58.29 Bn | 1.24 Bn | 1.89 Bn |
| 6 | Mplx | 60.05 Bn | 59.02 Bn | 2.73 Bn | 877.00 Mn |
| 7 | Oneok | 59.98 Bn | 59.82 Bn | 2.81 Bn | 1.44 Bn |
| 8 | Targa Resources | 59.50 Bn | 59.37 Bn | 2.14 Bn | 431.20 Mn |
| 9 | Cheniere Energy | 55.93 Bn | 54.68 Bn | 5.29 Bn | 398.00 Mn |
| 10 | Plains All American Pipeline | 16.81 Bn | 15.75 Bn | 1.14 Bn | 817.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 817.00 Mn |
| Jun 30, 2026 | 817.00 Mn |
| Mar 31, 2026 | 288.00 Mn |
| Mar 31, 2026 | 288.00 Mn |
| Dec 31, 2025 | 154.00 Mn |
| Dec 31, 2025 | 154.00 Mn |
| Sep 30, 2025 | 933.00 Mn |
| Sep 30, 2025 | 933.00 Mn |
| Jun 30, 2025 | 433.00 Mn |
| Jun 30, 2025 | 433.00 Mn |
| Mar 31, 2025 | 289.00 Mn |
| Mar 31, 2025 | 289.00 Mn |
| Dec 31, 2024 | 621.00 Mn |
| Dec 31, 2024 | 621.00 Mn |
| Sep 30, 2024 | 662.00 Mn |
| Sep 30, 2024 | 662.00 Mn |
| Jun 30, 2024 | 497.00 Mn |
| Jun 30, 2024 | 497.00 Mn |
| Mar 31, 2024 | 262.00 Mn |
| Mar 31, 2024 | 262.00 Mn |