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
DateValue
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