Plains All American Pipeline (PAA) Payables (2009 - 2026)
Plains All American Pipeline's Payables was $4.94 billion in Q2 2026, up 46.9% from $3.36 billion a year earlier and up 0.3% from the prior quarter.
Plains All American Pipeline (PAA) Payables (2009 - 2026) Analysis & Trends
At the end of FY2025, Payables at Plains All American Pipeline came in at $3.46 billion, down 5.2% from FY2024.
- Payables has now declined for four consecutive years, though with a five-year compound annual growth rate of 7.2% (FY2020 to FY2025).
- In earlier years, Payables was $3.65 billion in FY2024 (-5.1%), $3.84 billion in FY2023 (-4.9%), $4.04 billion in FY2022 (-15.9%) and $4.81 billion in FY2021 (+97.4%).
- The Q2 2026 figure marks the highest quarterly Payables since Q2 2022.
- Compared with a year earlier, Payables was higher in two of the last eight quarters, with growth averaging 4.0%.
- The best year-over-year quarter for Payables over five years was Q1 2022 (growth of 102.1%); the worst was Q1 2023 (a decline of 41.6%).
- Per Business Quant data, PAA's Payables in the three quarters before Q2 2026 was $4.93 billion (Q1 2026), $3.46 billion (Q4 2025) and $3.58 billion (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Payables (Qtr) |
|---|---|---|---|---|---|
| 1 | Enbridge | 102.52 Bn | 100.06 Bn | 4.84 Bn | 8.46 Bn |
| 2 | Enterprise Products Partners | 79.27 Bn | 77.71 Bn | - | 1.63 Bn |
| 3 | Energy Transfer | 69.21 Bn | 62.65 Bn | 7.40 Bn | 13.77 Bn |
| 4 | Kinder Morgan | 68.17 Bn | 69.12 Bn | 3.07 Bn | 1.57 Bn |
| 5 | Tc Energy | 61.09 Bn | 64.16 Bn | 2.81 Bn | 4.82 Bn |
| 6 | Targa Resources | 59.48 Bn | 59.10 Bn | 2.14 Bn | 2.11 Bn |
| 7 | Mplx | 58.45 Bn | 52.01 Bn | 2.91 Bn | 155.00 Mn |
| 8 | Oneok | 55.88 Bn | 54.37 Bn | 2.81 Bn | 5.03 Bn |
| 9 | Cheniere Energy | 55.70 Bn | 55.83 Bn | 5.29 Bn | 293.00 Mn |
| 10 | Plains All American Pipeline | 17.31 Bn | 14.57 Bn | 1.14 Bn | 4.94 Bn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 4.94 Bn |
| Mar 31, 2026 | 4.93 Bn |
| Dec 31, 2025 | 3.46 Bn |
| Sep 30, 2025 | 3.58 Bn |
| Jun 30, 2025 | 3.36 Bn |
| Mar 31, 2025 | 3.73 Bn |
| Dec 31, 2024 | 3.65 Bn |
| Sep 30, 2024 | 3.68 Bn |
| Jun 30, 2024 | 4.02 Bn |
| Mar 31, 2024 | 3.99 Bn |
| Dec 31, 2023 | 3.84 Bn |
| Sep 30, 2023 | 4.15 Bn |
| Jun 30, 2023 | 3.30 Bn |
| Mar 31, 2023 | 4.01 Bn |
| Dec 31, 2022 | 4.04 Bn |
| Sep 30, 2022 | 4.00 Bn |
| Jun 30, 2022 | 5.42 Bn |
| Mar 31, 2022 | 6.87 Bn |
| Dec 31, 2021 | 4.81 Bn |
| Sep 30, 2021 | 3.87 Bn |
Plains All American Pipeline Payables 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=payables&ticker=PAA&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "payables", "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=payables&ticker=PAA&period=max&api_key=YOUR_API_KEY");
const data = await res.json();