Plains All American Pipeline (PAA) Gross Profit (2009 - 2026)
Plains All American Pipeline (PAA) recorded Gross Profit of $1.14 billion in Q2 2026, up 28.6% from $884 million a year earlier and up 16.4% from the prior quarter.
Plains All American Pipeline (PAA) Gross Profit (2009 - 2026) Analysis & Trends
On a TTM basis, Plains All American Pipeline's Gross Profit came in at $4.1 billion as of Jun 30, 2026, up 10.3% year-over-year; for FY2025, it came in at $3.83 billion, up 2.7% from FY2024.
- Annual Gross Profit has a five-year compound annual growth rate of 6.0% (FY2020 to FY2025).
- Across earlier years, Gross Profit came in at $3.73 billion in FY2024 (+9.6%), $3.4 billion in FY2023 (-18.4%), $4.17 billion in FY2022 (+16.6%) and $3.57 billion in FY2021 (+25.0%).
- The Q2 2026 figure is the highest quarterly Gross Profit since Q3 2022.
- On a year-over-year basis, Gross Profit has increased for four consecutive quarters, with growth averaging 29.4% over the last eight quarters.
- Peak year-over-year performance for Gross Profit in the last five years was growth of 168.6% in Q4 2024, against a decline of 62.7% in Q4 2023 at the low end.
- Per Business Quant, the preceding three quarters came in at $977 million (Q1 2026), $994 million (Q4 2025) and $993 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Enbridge | 101.53 Bn | 99.08 Bn | 4.84 Bn |
| 2 | Enterprise Products Partners | 76.92 Bn | 75.35 Bn | - |
| 3 | Energy Transfer | 67.97 Bn | 61.41 Bn | 7.40 Bn |
| 4 | Kinder Morgan | 67.10 Bn | 68.05 Bn | 3.07 Bn |
| 5 | Tc Energy | 60.19 Bn | 63.26 Bn | 2.81 Bn |
| 6 | Targa Resources | 57.97 Bn | 57.59 Bn | 2.14 Bn |
| 7 | Mplx | 57.16 Bn | 50.72 Bn | 2.91 Bn |
| 8 | Cheniere Energy | 55.61 Bn | 55.74 Bn | 5.29 Bn |
| 9 | Oneok | 53.75 Bn | 52.24 Bn | 2.81 Bn |
| 10 | Plains All American Pipeline | 16.74 Bn | 14.00 Bn | 1.14 Bn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 1.14 Bn |
| Mar 31, 2026 | 977.00 Mn |
| Dec 31, 2025 | 994.00 Mn |
| Sep 30, 2025 | 993.00 Mn |
| Jun 30, 2025 | 884.00 Mn |
| Mar 31, 2025 | 960.00 Mn |
| Dec 31, 2024 | 959.00 Mn |
| Sep 30, 2024 | 916.00 Mn |
| Jun 30, 2024 | 919.00 Mn |
| Mar 31, 2024 | 722.00 Mn |
| Dec 31, 2023 | 357.00 Mn |
| Sep 30, 2023 | 965.00 Mn |
| Jun 30, 2023 | 1.06 Bn |
| Mar 31, 2023 | 1.02 Bn |
| Dec 31, 2022 | 957.00 Mn |
| Sep 30, 2022 | 1.27 Bn |
| Jun 30, 2022 | 1.04 Bn |
| Mar 31, 2022 | 909.00 Mn |
| Dec 31, 2021 | 1.23 Bn |
| Sep 30, 2021 | 702.00 Mn |
Plains All American Pipeline Gross Profit 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=gross-profit&ticker=PAA&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-profit", "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=gross-profit&ticker=PAA&period=max&api_key=YOUR_API_KEY");
const data = await res.json();