Plains All American Pipeline (PAA) Income After Tax (2009 - 2026)
Plains All American Pipeline (PAA) recorded Income After Tax of $421 million in Q3 2026, down 7.1% from $453 million a year earlier but up 52.5% from the prior quarter.
Plains All American Pipeline (PAA) Income After Tax (2009 - 2026) Analysis & Trends
On a TTM basis, Plains All American Pipeline's Income After Tax came in at $1.36 billion as of Sep 30, 2026, up 22.7% year-over-year; for FY2025, it was $1.39 billion, up 57.1% from FY2024.
- Across earlier years, Income After Tax came in at $882 million in FY2024 (-32.7%), $1.31 billion in FY2023 (+6.7%), $1.23 billion in FY2022 (+89.5%) and $648 million in FY2021.
- Quarterly Income After Tax has ranged from $45 million in Q4 2024 to $496 million in Q4 2021 over the past five years.
- On a year-over-year basis, Income After Tax rose in four of the last eight quarters, with growth averaging 82.5%.
- Peak year-over-year performance for Income After Tax in the last five years was growth of 622.2% in Q4 2025, against a decline of 78.3% in Q4 2024 at the low end.
- Per Business Quant, the preceding three quarters came in at $276 million (Q2 2026), $334 million (Q1 2026) and $325 million (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Income After Tax (Qtr) |
|---|---|---|---|---|---|
| 1 | Enbridge | 106.26 Bn | 104.14 Bn | 4.35 Bn | 1.03 Bn |
| 2 | Williams Companies | 86.41 Bn | 89.20 Bn | 2.59 Bn | 767.00 Mn |
| 3 | Enterprise Products Partners | 82.58 Bn | 80.98 Bn | 14.00 Mn | 1.64 Bn |
| 4 | Kinder Morgan | 71.13 Bn | 71.22 Bn | 2.97 Bn | 790.00 Mn |
| 5 | Tc Energy | 67.40 Bn | 71.05 Bn | - | 967.93 Mn |
| 6 | Energy Transfer | 66.89 Bn | 62.98 Bn | 6.57 Bn | 1.81 Bn |
| 7 | Targa Resources | 63.77 Bn | 62.98 Bn | 2.02 Bn | 676.10 Mn |
| 8 | Cheniere Energy | 63.04 Bn | 62.60 Bn | 2.97 Bn | 1.49 Bn |
| 9 | Mplx | 58.00 Bn | 52.25 Bn | 3.19 Bn | 1.17 Bn |
| 10 | Plains All American Pipeline | 17.30 Bn | 18.05 Bn | 1.14 Bn | 421.00 Mn |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 421.00 Mn |
| Jun 30, 2026 | 276.00 Mn |
| Mar 31, 2026 | 334.00 Mn |
| Dec 31, 2025 | 325.00 Mn |
| Sep 30, 2025 | 453.00 Mn |
| Jun 30, 2025 | 227.00 Mn |
| Mar 31, 2025 | 380.00 Mn |
| Dec 31, 2024 | 45.00 Mn |
| Sep 30, 2024 | 198.00 Mn |
| Jun 30, 2024 | 298.00 Mn |
| Mar 31, 2024 | 351.00 Mn |
| Dec 31, 2023 | 207.00 Mn |
| Sep 30, 2023 | 279.00 Mn |
| Jun 30, 2023 | 349.00 Mn |
| Mar 31, 2023 | 475.00 Mn |
| Dec 31, 2022 | 310.00 Mn |
| Sep 30, 2022 | 442.00 Mn |
| Jun 30, 2022 | 251.00 Mn |
| Mar 31, 2022 | 225.00 Mn |
| Dec 31, 2021 | 496.00 Mn |
Plains All American Pipeline Income After Tax 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=profit-after-tax&ticker=PAA&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "profit-after-tax", "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=profit-after-tax&ticker=PAA&period=max&api_key=YOUR_API_KEY");
const data = await res.json();