Plains All American Pipeline (PAA) Invested Capital (2009 - 2026)

Plains All American Pipeline (PAA) posted Invested Capital of $13.5 billion for Q1 2026, little changed on a QoQ basis from $13.5 billion in Q4 2025, and up 1.18% year-on-year from $13.3 billion in Q1 2025.

Plains All American Pipeline (PAA) Invested Capital (2009 - 2026) Analysis & Trends

Plains All American Pipeline has disclosed Invested Capital across 18 years of filings, most recently posting $13.5 billion for Q1 2026.

  • Invested Capital for Q1 2026 came in at $13.5 billion, up 1.18% year-over-year; the trailing twelve-month figure through Mar 2026 was $13.5 billion (up 1.18% YoY), and the FY2025 annual result was $13.5 billion, up 3.05% from the prior year.
  • Invested Capital came in at $13.5 billion for Q1 2026 at Plains All American Pipeline, roughly flat from $13.5 billion in the prior quarter.
  • Over the last five years, Invested Capital for PAA reached as high as $14.5 billion in Q4 2022 and fell as low as $10.8 billion in Q3 2025.
  • Median Invested Capital over the past 5 years was $13.8 billion (2022), compared with a mean of $13.7 billion.
  • Year-over-year, Invested Capital jumped 33.04% in 2022 and declined 24.65% in 2025.
  • Over 5 years, Invested Capital stood at $14.5 billion in 2022, then declined by 2.11% to $14.2 billion in 2023, then fell by 7.63% to $13.1 billion in 2024, then advanced by 3.05% to $13.5 billion in 2025, then retreated by 0.01% to $13.5 billion in 2026.
  • Per Business Quant, the three latest PAA Invested Capital figures stand at $13.5 billion (Q1 2026), $13.5 billion (Q4 2025), and $10.8 billion (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Invested Cap. (Qtr)
1 Enbridge 1,308.38 Bn 1,309.08 Bn 6.70 Bn 59.19 Bn
2 Kinder Morgan 112.34 Bn 113.42 Bn 3.08 Bn 61.04 Bn
3 Enterprise Products Partners 79.55 Bn 78.40 Bn - 33.06 Bn
4 Energy Transfer 65.78 Bn 65.07 Bn 6.62 Bn 103.80 Bn
5 Targa Resources 57.60 Bn 57.63 Bn 1.70 Bn 21.59 Bn
6 Mplx 57.17 Bn 55.67 Bn 2.54 Bn 40.30 Bn
7 Oneok 54.83 Bn 54.70 Bn 2.57 Bn 54.45 Bn
8 Cheniere Energy Partners 29.50 Bn 29.22 Bn 838.00 Mn 12.69 Bn
9 Venture Global 27.41 Bn 27.36 Bn 4.33 Bn 47.30 Bn
10 Plains All American Pipeline 15.72 Bn 15.54 Bn 977.00 Mn 13.50 Bn

Historic Data

Download Data
DateValue
Mar 31, 2026 13.50 Bn
Dec 31, 2025 13.50 Bn
Sep 30, 2025 10.77 Bn
Jun 30, 2025 13.42 Bn
Mar 31, 2025 13.34 Bn
Dec 31, 2024 13.10 Bn
Sep 30, 2024 14.30 Bn
Jun 30, 2024 14.34 Bn
Mar 31, 2024 14.20 Bn
Dec 31, 2023 14.18 Bn
Sep 30, 2023 14.26 Bn
Jun 30, 2023 14.31 Bn
Mar 31, 2023 14.19 Bn
Dec 31, 2022 14.48 Bn
Sep 30, 2022 13.20 Bn
Jun 30, 2022 13.35 Bn
Mar 31, 2022 13.75 Bn
Dec 31, 2021 13.63 Bn
Sep 30, 2021 10.11 Bn
Jun 30, 2021 11.10 Bn