Plains All American Pipeline (PAA) Intangibles (2009 - 2026)
Plains All American Pipeline's Intangibles was $1.54 billion in Q3 2026, down 2.2% from $1.57 billion a year earlier and down 4.7% from the prior quarter.
Plains All American Pipeline (PAA) Intangibles (2009 - 2026) Analysis & Trends
At the end of FY2025, Intangibles at Plains All American Pipeline came in at $1.75 billion, up 4.6% from FY2024.
- Intangibles shows a five-year compound annual growth rate of 16.9% (FY2020 to FY2025).
- In earlier years, Intangibles was $1.68 billion in FY2024 (-10.6%), $1.88 billion in FY2023 (-12.6%), $2.15 billion in FY2022 (+9.4%) and $1.96 billion in FY2021 (+143.5%).
- The Q3 2026 figure marks the lowest quarterly Intangibles since Q4 2020.
- Compared with a year earlier, Intangibles was higher in two of the last eight quarters, with an average decline of 3.6%.
- The best year-over-year quarter for Intangibles over five years was Q4 2021 (growth of 143.5%); the worst was Q3 2024 (a decline of 15.0%).
- Per Business Quant data, PAA's Intangibles in the three quarters before Q3 2026 was $1.61 billion (Q2 2026), $1.69 billion (Q1 2026) and $1.75 billion (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Intangibles (Qtr) |
|---|---|---|---|---|---|
| 1 | Enbridge | 106.26 Bn | 104.14 Bn | 4.35 Bn | 2.76 Bn |
| 2 | Williams Companies | 86.41 Bn | 89.20 Bn | 2.59 Bn | - |
| 3 | Enterprise Products Partners | 82.58 Bn | 80.98 Bn | 14.00 Mn | 3.99 Bn |
| 4 | Kinder Morgan | 71.13 Bn | 71.22 Bn | 2.97 Bn | 1.82 Bn |
| 5 | Tc Energy | 67.40 Bn | 71.05 Bn | - | - |
| 6 | Energy Transfer | 66.89 Bn | 62.98 Bn | 6.57 Bn | 7.06 Bn |
| 7 | Targa Resources | 63.77 Bn | 62.98 Bn | 2.02 Bn | 2.00 Bn |
| 8 | Cheniere Energy | 63.04 Bn | 62.60 Bn | 2.97 Bn | - |
| 9 | Mplx | 58.00 Bn | 52.25 Bn | 3.19 Bn | 1.28 Bn |
| 10 | Plains All American Pipeline | 17.30 Bn | 18.05 Bn | 1.14 Bn | 1.54 Bn |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 1.54 Bn |
| Jun 30, 2026 | 1.61 Bn |
| Mar 31, 2026 | 1.69 Bn |
| Dec 31, 2025 | 1.75 Bn |
| Sep 30, 2025 | 1.57 Bn |
| Jun 30, 2025 | 1.64 Bn |
| Mar 31, 2025 | 1.68 Bn |
| Dec 31, 2024 | 1.68 Bn |
| Sep 30, 2024 | 1.67 Bn |
| Jun 30, 2024 | 1.74 Bn |
| Mar 31, 2024 | 1.81 Bn |
| Dec 31, 2023 | 1.88 Bn |
| Sep 30, 2023 | 1.97 Bn |
| Jun 30, 2023 | 2.00 Bn |
| Mar 31, 2023 | 2.07 Bn |
| Dec 31, 2022 | 2.15 Bn |
| Sep 30, 2022 | 1.79 Bn |
| Jun 30, 2022 | 1.84 Bn |
| Mar 31, 2022 | 1.90 Bn |
| Dec 31, 2021 | 1.96 Bn |
Plains All American Pipeline Intangibles 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=intangibles&ticker=PAA&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "intangibles", "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=intangibles&ticker=PAA&period=max&api_key=YOUR_API_KEY");
const data = await res.json();