KPIs & Operating Metrics(New)
Growth Metrics

Plains All American Pipeline (PAA) Net Margin (2016 - 2025)

Plains All American Pipeline (PAA) has 17 years of Net Margin data on record, last reported at 0.96% in Q4 2025.

  • For Q4 2025, Net Margin rose 34.0% year-over-year to 0.96%; the TTM value through Dec 2025 reached 0.87%, up 39.0%, while the annual FY2025 figure was 0.87%, 72.0% up from the prior year.
  • Net Margin reached 0.96% in Q4 2025 per PAA's latest filing, up from 0.66% in the prior quarter.
  • Across five years, Net Margin topped out at 5.32% in Q1 2021 and bottomed at 2.29% in Q2 2021.
  • Average Net Margin over 5 years is 1.55%, with a median of 1.41% recorded in 2022.
  • The widest YoY moves for Net Margin: up 3973bps in 2021, down -675bps in 2021.
  • A 5-year view of Net Margin shows it stood at 3.82% in 2021, then plummeted by -37bps to 2.39% in 2022, then dropped by -15bps to 2.02% in 2023, then plummeted by -70bps to 0.61% in 2024, then skyrocketed by 55bps to 0.96% in 2025.
  • Per Business Quant database, its latest 3 readings for Net Margin were 0.96% in Q4 2025, 0.66% in Q3 2025, and 0.66% in Q2 2025.