Plains All American Pipeline (PAA) Net Income (2009 - 2026)
Plains All American Pipeline (PAA) recorded Net Income of $1.93 billion in Q2 2026, up 548.1% from $297 million a year earlier and up 733.3% from the prior quarter.
Plains All American Pipeline (PAA) Net Income (2009 - 2026) Analysis & Trends
On a TTM basis, Plains All American Pipeline's Net Income came in at $3.11 billion as of Jun 30, 2026, up 150.2% year-over-year; for FY2025, it came in at $1.77 billion, up 58.9% from FY2024.
- Across earlier years, Net Income came in at $1.11 billion in FY2024 (-25.9%), $1.5 billion in FY2023 (+22.3%), $1.23 billion in FY2022 (+89.5%) and $648 million in FY2021.
- The Q2 2026 figure is the highest quarterly Net Income in data going back to Q1 2009.
- On a year-over-year basis, Net Income rose in five of the last eight quarters, with growth averaging 100.0%.
- Peak year-over-year performance for Net Income in the last five years was growth of 548.1% in Q2 2026, against a decline of 70.2% in Q4 2024 at the low end.
- Per Business Quant, the preceding three quarters came in at $231 million (Q1 2026), $427 million (Q4 2025) and $529 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Income (Qtr) |
|---|---|---|---|---|---|
| 1 | Enbridge | 101.88 Bn | 99.42 Bn | 4.84 Bn | 1.13 Bn |
| 2 | Enterprise Products Partners | 77.78 Bn | 76.22 Bn | - | 1.86 Bn |
| 3 | Energy Transfer | 68.56 Bn | 62.00 Bn | 7.40 Bn | 2.53 Bn |
| 4 | Kinder Morgan | 67.77 Bn | 68.72 Bn | 3.07 Bn | 894.00 Mn |
| 5 | Tc Energy | 60.65 Bn | 63.72 Bn | 2.81 Bn | 832.09 Mn |
| 6 | Targa Resources | 58.65 Bn | 58.26 Bn | 2.14 Bn | 777.70 Mn |
| 7 | Mplx | 57.82 Bn | 51.38 Bn | 2.91 Bn | 1.09 Bn |
| 8 | Cheniere Energy | 55.20 Bn | 55.33 Bn | 5.29 Bn | 3.64 Bn |
| 9 | Oneok | 54.77 Bn | 53.26 Bn | 2.81 Bn | 967.00 Mn |
| 10 | Plains All American Pipeline | 16.88 Bn | 14.15 Bn | 1.14 Bn | 1.93 Bn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 1.93 Bn |
| Mar 31, 2026 | 231.00 Mn |
| Dec 31, 2025 | 427.00 Mn |
| Sep 30, 2025 | 529.00 Mn |
| Jun 30, 2025 | 297.00 Mn |
| Mar 31, 2025 | 516.00 Mn |
| Dec 31, 2024 | 119.00 Mn |
| Sep 30, 2024 | 312.00 Mn |
| Jun 30, 2024 | 330.00 Mn |
| Mar 31, 2024 | 351.00 Mn |
| Dec 31, 2023 | 399.00 Mn |
| Sep 30, 2023 | 279.00 Mn |
| Jun 30, 2023 | 349.00 Mn |
| Mar 31, 2023 | 475.00 Mn |
| Dec 31, 2022 | 310.00 Mn |
| Sep 30, 2022 | 442.00 Mn |
| Jun 30, 2022 | 251.00 Mn |
| Mar 31, 2022 | 225.00 Mn |
| Dec 31, 2021 | 496.00 Mn |
| Sep 30, 2021 | -55.00 Mn |
Plains All American Pipeline Net Income API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=net-income&ticker=PAA&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "net-income", "ticker": "PAA", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=net-income&ticker=PAA&period=max&api_key=YOUR_API_KEY");
const data = await res.json();