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

Plains All American Pipeline's Invested Capital history runs 18 years deep, the most recent figure standing at $420.0 million for Q1 2026.

• On a quarterly basis, Invested Capital fell 12.13% year-over-year to $420.0 million in Q1 2026; TTM through Mar 2026 was $2.5 billion, a 2.19% increase from a year earlier, with the FY2025 full-year figure at $563.0 million, up 38.33% from the prior year.
• Invested Capital declined to $420.0 million in Q1 2026 per PAA's latest filing, from $563.0 million in the prior quarter.
• Across five years, Invested Capital topped out at $1.2 billion in Q4 2022 and bottomed at $407.0 million in Q4 2024.
• The 5-year median for Invested Capital is $630.0 million (2022), against an average of $656.4 million.
• Across the five-year window, Invested Capital surged 254.33% in 2022 and slumped 61.52% in 2023, its largest moves.
• Year by year, Invested Capital stood at $1.2 billion in 2022, then slumped by 61.52% to $446.0 million in 2023, then declined by 8.74% to $407.0 million in 2024, then surged by 38.33% to $563.0 million in 2025, then slipped by 25.4% to $420.0 million in 2026.
• Per Business Quant, the three latest PAA Invested Capital figures stand at $420.0 million (Q1 2026), $563.0 million (Q4 2025), and $1.0 billion (Q3 2025).