Plains All American Pipeline (PAA) Payout Ratio (2009 - 2026)
Plains All American Pipeline's (PAA) Payout Ratio stood at 0.53 in Q2 2026, down 73.3% from 1.96 a year earlier and down 62.9% from the prior quarter.
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Analysis
Plains All American Pipeline (PAA) Payout Ratio (2009 - 2026) Analysis & Trends
For FY2025, Plains All American Pipeline's Payout Ratio came in at 1.11, down 50.3% from FY2024.
- Across earlier years, Payout Ratio came in at 2.23 in FY2024 (+119.8%), 1.01 in FY2023 (+7.7%), 0.94 in FY2022 (-48.3%) and 1.82 in FY2021.
- The Q2 2026 figure is the lowest quarterly Payout Ratio since Q3 2019.
- On a year-over-year basis, Payout Ratio has declined for three consecutive quarters, with growth averaging 12.9% over the last eight quarters.
- Peak year-over-year performance for Payout Ratio in the last five years was growth of 196.9% in Q1 2022, against a decline of 81.8% in Q1 2023 at the low end.
- Per Business Quant, the preceding three quarters came in at 1.42 (Q1 2026), 1.11 (Q4 2025) and 1.48 (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Enbridge | 104.84 Bn | 100.44 Bn | 4.84 Bn |
| 2 | Williams Companies | 89.20 Bn | 87.92 Bn | 2.54 Bn |
| 3 | Enterprise Products Partners | 79.12 Bn | 77.51 Bn | - |
| 4 | Kinder Morgan | 75.45 Bn | 75.15 Bn | 3.07 Bn |
| 5 | Energy Transfer | 69.26 Bn | 62.44 Bn | 7.40 Bn |
| 6 | Tc Energy | 64.74 Bn | 60.82 Bn | 2.81 Bn |
| 7 | Targa Resources | 63.52 Bn | 63.00 Bn | 2.14 Bn |
| 8 | Cheniere Energy | 59.48 Bn | 54.30 Bn | 5.29 Bn |
| 9 | Mplx | 59.26 Bn | 52.82 Bn | 2.91 Bn |
| 10 | Plains All American Pipeline | 18.27 Bn | 15.54 Bn | 1.14 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 0.53 |
| Mar 31, 2026 | 1.42 |
| Dec 31, 2025 | 1.11 |
| Sep 30, 2025 | 1.48 |
| Jun 30, 2025 | 1.96 |
| Mar 31, 2025 | 1.82 |
| Dec 31, 2024 | 2.23 |
| Sep 30, 2024 | 1.41 |
| Jun 30, 2024 | 1.39 |
| Mar 31, 2024 | 1.26 |
| Dec 31, 2023 | 1.01 |
| Sep 30, 2023 | 1.01 |
| Jun 30, 2023 | 0.79 |
| Mar 31, 2023 | 0.81 |
| Dec 31, 2022 | 0.94 |
| Sep 30, 2022 | 0.74 |
| Jun 30, 2022 | 1.27 |
| Mar 31, 2022 | 4.48 |
| Dec 31, 2021 | 1.82 |
| Jun 30, 2021 | 6.15 |
API Access
Plains All American Pipeline Payout Ratio 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=payout-ratio&ticker=PAA&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "payout-ratio", "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=payout-ratio&ticker=PAA&period=max&api_key=YOUR_API_KEY");
const data = await res.json();