Plains All American Pipeline (PAA) Invested Capital (2009 - 2026)
Plains All American Pipeline (PAA) posted Invested Capital of $22.7 billion for Q2 2026, up 1.4% on a QoQ basis from $22.4 billion in Q1 2026, and up 5.18% year-over-year from $21.6 billion in Q2 2025.
Analysis
Plains All American Pipeline (PAA) Invested Capital (2009 - 2026) Analysis & Trends
Plains All American Pipeline has reported Invested Capital for 18 years, with the latest figure at $22.7 billion in Q2 2026.
- On a quarterly basis, Invested Capital rose 5.18% year-over-year to $22.7 billion in Q2 2026; TTM through Jun 2026 was $22.7 billion, a 5.18% increase from a year earlier, with the FY2025 full-year figure at $22.8 billion, up 10.25% from the prior year.
- Invested Capital was $22.7 billion for Q2 2026 at Plains All American Pipeline, up from $22.4 billion in the prior quarter.
- The five-year high for Invested Capital was $22.8 billion in Q4 2025, with the low at $20.6 billion in Q4 2024.
- Average Invested Capital over 5 years is $21.7 billion, with a median of $21.5 billion recorded in 2023.
- The sharpest annual moves came in 2022 and 2024: Invested Capital increased 14.67% in 2022, then declined 3.62% in 2024.
- Over 5 years, Invested Capital stood at $21.7 billion in 2022, then dropped by 1.39% to $21.4 billion in 2023, then retreated by 3.62% to $20.6 billion in 2024, then increased by 10.25% to $22.8 billion in 2025, then dropped by 0.39% to $22.7 billion in 2026.
- The last three Invested Capital figures came in at $22.7 billion (Q2 2026), $22.4 billion (Q1 2026), and $22.8 billion (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Invested Cap. (Qtr) |
|---|---|---|---|---|---|
| 1 | Kinder Morgan | 111.69 Bn | 112.81 Bn | 3.07 Bn | 65.13 Bn |
| 2 | Enterprise Products Partners | 84.07 Bn | 83.21 Bn | - | 65.24 Bn |
| 3 | Energy Transfer | 74.03 Bn | 73.00 Bn | 7.40 Bn | 118.95 Bn |
| 4 | Tc Energy | 65.16 Bn | 64.62 Bn | 1.80 Bn | 55.20 Bn |
| 5 | Targa Resources | 62.18 Bn | 62.19 Bn | 2.14 Bn | 23.37 Bn |
| 6 | Mplx | 60.51 Bn | 59.48 Bn | 2.73 Bn | 39.89 Bn |
| 7 | Oneok | 60.16 Bn | 60.09 Bn | 2.81 Bn | 57.54 Bn |
| 8 | Enbridge | 54.38 Bn | 54.88 Bn | 5.23 Bn | 130.30 Bn |
| 9 | Pembina Pipeline | 28.12 Bn | 27.76 Bn | 933.00 Mn | 18.26 Bn |
| 10 | Plains All American Pipeline | 18.13 Bn | 17.07 Bn | 1.14 Bn | 22.67 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 22.67 Bn |
| Mar 31, 2026 | 22.36 Bn |
| Dec 31, 2025 | 22.76 Bn |
| Sep 30, 2025 | 22.37 Bn |
| Jun 30, 2025 | 21.56 Bn |
| Mar 31, 2025 | 21.47 Bn |
| Dec 31, 2024 | 20.64 Bn |
| Sep 30, 2024 | 21.44 Bn |
| Jun 30, 2024 | 21.48 Bn |
| Mar 31, 2024 | 21.44 Bn |
| Dec 31, 2023 | 21.42 Bn |
| Sep 30, 2023 | 21.50 Bn |
| Jun 30, 2023 | 21.55 Bn |
| Mar 31, 2023 | 21.43 Bn |
| Dec 31, 2022 | 21.72 Bn |
| Sep 30, 2022 | 21.14 Bn |
| Jun 30, 2022 | 21.28 Bn |
| Mar 31, 2022 | 21.69 Bn |
| Dec 31, 2021 | 21.96 Bn |
| Sep 30, 2021 | 18.43 Bn |