KPIs & Operating Metrics(New)
Growth Metrics

Plains All American Pipeline (PAA) Gross Margin (2016 - 2025)

Plains All American Pipeline (PAA) has 17 years of Gross Margin data on record, last reported at 11.7% in Q4 2025.

  • For Q4 2025, Gross Margin rose 168.0% year-over-year to 11.7%; the TTM value through Dec 2025 reached 8.65%, up 95.0%, while the annual FY2025 figure was 8.65%, 116.0% down from the prior year.
  • Gross Margin reached 11.7% in Q4 2025 per PAA's latest filing, up from 8.58% in the prior quarter.
  • Across five years, Gross Margin topped out at 11.82% in Q1 2021 and bottomed at 3.15% in Q4 2023.
  • Average Gross Margin over 5 years is 7.88%, with a median of 7.69% recorded in 2023.
  • Peak YoY movement for Gross Margin: tumbled -1513bps in 2021, then surged 687bps in 2024.
  • A 5-year view of Gross Margin shows it stood at 9.45% in 2021, then fell by -22bps to 7.39% in 2022, then plummeted by -57bps to 3.15% in 2023, then skyrocketed by 218bps to 10.02% in 2024, then grew by 17bps to 11.7% in 2025.
  • Per Business Quant database, its latest 3 readings for Gross Margin were 11.7% in Q4 2025, 8.58% in Q3 2025, and 8.31% in Q2 2025.