Plains All American Pipeline PAA
NASDAQ PAA
$25.70 +0.18 (+0.71%)
At close: Sep 4, 2026 · 4:00 PM EDT

Plains All American Pipeline (PAA) Free Cash Flow (2009 - 2026)

Plains All American Pipeline (PAA) posted Free Cash Flow of $817.0 million for Q2 2026, up 183.68% on a QoQ basis from $288.0 million in Q1 2026, and up 55.92% year-over-year from $524.0 million in Q2 2025.

Analysis

Plains All American Pipeline (PAA) Free Cash Flow (2009 - 2026) Analysis & Trends

Plains All American Pipeline has reported Free Cash Flow for 18 years, with the latest figure at $817.0 million in Q2 2026.

  • On a quarterly basis, Free Cash Flow rose 55.92% year-over-year to $817.0 million in Q2 2026; TTM through Jun 2026 was $2.4 billion, a 6.69% increase from a year earlier, with the FY2025 full-year figure at $2.3 billion, up 12.29% from the prior year.
  • Free Cash Flow was $817.0 million for Q2 2026 at Plains All American Pipeline, up from $288.0 million in the prior quarter.
  • The five-year high for Free Cash Flow was $1.0 billion in Q4 2023, with the low at -$52.0 million in Q3 2023.
  • Average Free Cash Flow over 5 years is $539.6 million, with a median of $601.5 million recorded in 2023.
  • The sharpest annual moves came in 2023 and 2024: Free Cash Flow slumped 106.34% in 2023, then jumped 1219.23% in 2024.
  • Over 5 years, Free Cash Flow stood at $191.0 million in 2022, then surged by 427.23% to $1.0 billion in 2023, then slumped by 38.33% to $621.0 million in 2024, then increased by 2.74% to $638.0 million in 2025, then increased by 28.06% to $817.0 million in 2026.
  • The last three Free Cash Flow figures came in at $817.0 million (Q2 2026), $288.0 million (Q1 2026), and $638.0 million (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Free Cash Flow (Qtr)
1 Kinder Morgan 111.69 Bn 112.81 Bn 3.07 Bn 978.00 Mn
2 Enterprise Products Partners 84.07 Bn 83.21 Bn - 2.02 Bn
3 Energy Transfer 74.03 Bn 73.00 Bn 7.40 Bn 2.71 Bn
4 Tc Energy 65.16 Bn 64.62 Bn 1.80 Bn 2.66 Bn
5 Targa Resources 62.18 Bn 62.19 Bn 2.14 Bn 431.20 Mn
6 Mplx 60.51 Bn 59.48 Bn 2.73 Bn 877.00 Mn
7 Oneok 60.16 Bn 60.09 Bn 2.81 Bn 1.44 Bn
8 Enbridge 54.38 Bn 54.88 Bn 5.23 Bn 821.24 Mn
9 Pembina Pipeline 28.12 Bn 27.76 Bn 933.00 Mn 1.12 Bn
10 Plains All American Pipeline 18.13 Bn 17.07 Bn 1.14 Bn 817.00 Mn
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 817.00 Mn
Mar 31, 2026 288.00 Mn
Dec 31, 2025 638.00 Mn
Sep 30, 2025 632.00 Mn
Jun 30, 2025 524.00 Mn
Mar 31, 2025 499.00 Mn
Dec 31, 2024 621.00 Mn
Sep 30, 2024 582.00 Mn
Jun 30, 2024 577.00 Mn
Mar 31, 2024 262.00 Mn
Dec 31, 2023 1.01 Bn
Sep 30, 2023 -52.00 Mn
Jun 30, 2023 743.00 Mn
Mar 31, 2023 621.00 Mn
Dec 31, 2022 191.00 Mn
Sep 30, 2022 820.00 Mn
Jun 30, 2022 703.00 Mn
Mar 31, 2022 239.00 Mn
Dec 31, 2021 556.00 Mn
Sep 30, 2021 260.00 Mn