Plains All American Pipeline (PAA) Invested Capital (2009 - 2026)
Plains All American Pipeline (PAA) recorded quarterly Invested Capital of $13.5 billion in Q1 2026, little changed quarter-over-quarter from $13.5 billion in Q4 2025, and up 1.18% on a YoY basis from $13.3 billion in Q1 2025.
Plains All American Pipeline (PAA) Invested Capital (2009 - 2026) Analysis & Trends
Plains All American Pipeline's Invested Capital history runs 18 years deep, the most recent figure standing at $13.5 billion for Q1 2026.
- In Q1 2026, Invested Capital rose 1.18% year-over-year to $13.5 billion; the TTM figure through Mar 2026 stood at $13.5 billion (up 1.18% YoY), while the FY2025 annual figure was $13.5 billion, up 3.05% from the prior year.
- Invested Capital was $13.5 billion for Q1 2026 at Plains All American Pipeline, roughly flat from $13.5 billion in the prior quarter.
- In the past five years, Invested Capital ranged from a high of $14.5 billion in Q4 2022 to a low of $10.8 billion in Q3 2025.
- Historically, Invested Capital has averaged $13.7 billion across 5 years, with a median of $13.8 billion in 2022.
- The sharpest annual moves came in 2022 and 2025: Invested Capital soared 33.04% in 2022, then dropped 24.65% in 2025.
- A 5-year view of Invested Capital shows it 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.
- The last three Invested Capital figures came in at $13.5 billion (Q1 2026), $13.5 billion (Q4 2025), and $10.8 billion (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Invested Cap. (Qtr) |
|---|---|---|---|---|---|
| 1 | Enbridge | 88.33 Bn | 89.03 Bn | 6.70 Bn | 59.19 Bn |
| 2 | Enterprise Products Partners | 80.83 Bn | 79.68 Bn | - | 33.06 Bn |
| 3 | Kinder Morgan | 69.66 Bn | 70.75 Bn | 3.08 Bn | 61.04 Bn |
| 4 | Energy Transfer | 65.60 Bn | 64.88 Bn | 6.62 Bn | 103.80 Bn |
| 5 | Scorpio Tankers | 59.17 Bn | 58.19 Bn | - | 21.28 Mn |
| 6 | Mplx | 57.43 Bn | 55.92 Bn | 2.54 Bn | 40.30 Bn |
| 7 | Targa Resources | 56.68 Bn | 56.71 Bn | 1.70 Bn | 21.59 Bn |
| 8 | Oneok | 55.34 Bn | 55.21 Bn | 2.57 Bn | 54.45 Bn |
| 9 | Tc Energy | 50.79 Bn | 51.99 Bn | 2.95 Bn | 19.65 Bn |
| 10 | Plains All American Pipeline | 15.89 Bn | 15.72 Bn | 977.00 Mn | 13.50 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |