Plains All American Pipeline (PAA) Operating Leases (2019 - 2026)
Plains All American Pipeline (PAA) posted quarterly Operating Leases of $202.0 million for Q1 2026, down 32.89% year-over-year from $301.0 million in Q1 2025, and little changed quarter-over-quarter from $202.0 million in Q4 2025.
Plains All American Pipeline (PAA) Operating Leases (2019 - 2026) Analysis & Trends
Plains All American Pipeline's Operating Leases history runs 8 years deep, the most recent figure standing at $202.0 million for Q1 2026.
- In Q1 2026, Operating Leases fell 32.89% year-over-year to $202.0 million; the TTM figure through Mar 2026 stood at $202.0 million (down 32.89% YoY), while the FY2025 annual figure was $202.0 million, down 9.01% from the prior year.
- Operating Leases for Q1 2026 stood at $202.0 million, roughly flat from $202.0 million in the prior quarter.
- The five-year high for Operating Leases was $343.0 million in Q4 2023, with the low at $188.0 million in Q3 2025.
- The 5-year median for Operating Leases is $280.0 million (2023), against an average of $270.5 million.
- The sharpest annual moves came in 2024 and 2025: Operating Leases slumped 35.28% in 2024, then climbed 15.33% in 2025.
- Plains All American Pipeline's Operating Leases stood at $308.0 million in 2022, then advanced by 11.36% to $343.0 million in 2023, then plunged by 35.28% to $222.0 million in 2024, then slipped by 9.01% to $202.0 million in 2025, then changed by 0.0% to $202.0 million in 2026.
- Business Quant data shows PAA's Operating Leases at $202.0 million in Q1 2026, $202.0 million in Q4 2025, and $188.0 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Kinder Morgan | 112.69 Bn | 112.57 Bn | 3.07 Bn |
| 2 | Enbridge | 110.90 Bn | 109.41 Bn | 5.23 Bn |
| 3 | Enterprise Products Partners | 83.47 Bn | 82.57 Bn | - |
| 4 | Energy Transfer | 72.69 Bn | 71.66 Bn | 7.40 Bn |
| 5 | Tc Energy | 65.95 Bn | 58.39 Bn | 1.24 Bn |
| 6 | Oneok | 60.15 Bn | 59.99 Bn | 2.81 Bn |
| 7 | Mplx | 59.97 Bn | 58.94 Bn | 2.73 Bn |
| 8 | Targa Resources | 59.51 Bn | 59.37 Bn | 2.14 Bn |
| 9 | Cheniere Energy | 56.09 Bn | 54.84 Bn | 5.29 Bn |
| 10 | Plains All American Pipeline | 16.81 Bn | 15.75 Bn | 1.14 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 194.00 Mn |
| Mar 31, 2026 | 202.00 Mn |
| Dec 31, 2025 | 202.00 Mn |
| Sep 30, 2025 | 188.00 Mn |
| Jun 30, 2025 | 190.00 Mn |
| Mar 31, 2025 | 301.00 Mn |
| Dec 31, 2024 | 222.00 Mn |
| Sep 30, 2024 | 269.00 Mn |
| Jun 30, 2024 | 279.00 Mn |
| Mar 31, 2024 | 261.00 Mn |
| Dec 31, 2023 | 343.00 Mn |
| Sep 30, 2023 | 280.00 Mn |
| Jun 30, 2023 | 299.00 Mn |
| Mar 31, 2023 | 307.00 Mn |
| Dec 31, 2022 | 308.00 Mn |
| Sep 30, 2022 | 300.00 Mn |
| Jun 30, 2022 | 316.00 Mn |
| Mar 31, 2022 | 331.00 Mn |
| Dec 31, 2021 | 416.00 Mn |
| Sep 30, 2021 | 326.00 Mn |