Plains All American Pipeline (PAA) Free Cash Flow (2009 - 2026)
Plains All American Pipeline (PAA) reported Free Cash Flow of $530 million for Q3 2026, down 16.1% from $632 million a year earlier and down 35.1% from the prior quarter.
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Analysis
Plains All American Pipeline (PAA) Free Cash Flow (2009 - 2026) Analysis & Trends
Over the twelve months ended Sep 30, 2026, Plains All American Pipeline's Free Cash Flow came in at $2.27 billion, down 0.1% year-over-year; for FY2025, it was $2.29 billion, up 12.3% from FY2024.
- Free Cash Flow has a five-year compound annual growth rate of 24.2% (FY2020 to FY2025).
- By year, Free Cash Flow came in at $2.04 billion in FY2024 (-11.9%), $2.32 billion in FY2023 (+18.7%), $1.95 billion in FY2022 (+17.7%) and $1.66 billion in FY2021 (+113.9%).
- Five-year quarterly Free Cash Flow spans a low of -$52 million in Q3 2023 and a high of $1.01 billion in Q4 2023.
- Year over year, Free Cash Flow gained in four of the last eight quarters, with growth averaging 6.5%.
- The high point for year-over-year Free Cash Flow in five years was Q4 2023 (growth of 427.2%); the low point was Q4 2022 (a decline of 65.6%).
- Per Business Quant data, the three quarters before Q3 2026 came in at $817 million (Q2 2026), $288 million (Q1 2026) and $638 million (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF (Qtr) |
|---|---|---|---|---|---|
| 1 | Enbridge | 106.26 Bn | 104.14 Bn | 4.35 Bn | -527.90 Mn |
| 2 | Williams Companies | 86.41 Bn | 89.20 Bn | 2.59 Bn | -984.00 Mn |
| 3 | Enterprise Products Partners | 82.58 Bn | 80.98 Bn | 14.00 Mn | 1.13 Bn |
| 4 | Kinder Morgan | 71.13 Bn | 71.22 Bn | 2.97 Bn | 545.00 Mn |
| 5 | Tc Energy | 67.40 Bn | 71.05 Bn | - | 2.13 Bn |
| 6 | Energy Transfer | 66.89 Bn | 62.98 Bn | 6.57 Bn | 2.14 Bn |
| 7 | Targa Resources | 63.77 Bn | 62.98 Bn | 2.02 Bn | 120.30 Mn |
| 8 | Cheniere Energy | 63.04 Bn | 62.60 Bn | 2.97 Bn | 1.73 Bn |
| 9 | Mplx | 58.00 Bn | 52.25 Bn | 3.19 Bn | 682.00 Mn |
| 10 | Plains All American Pipeline | 17.30 Bn | 18.05 Bn | 1.14 Bn | 530.00 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 530.00 Mn |
| 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 |
API Access
Plains All American Pipeline Free Cash Flow API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=free-cash-flow&ticker=PAA&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "free-cash-flow", "ticker": "PAA", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=free-cash-flow&ticker=PAA&period=max&api_key=YOUR_API_KEY");
const data = await res.json();