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
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