Plains All American Pipeline (PAA) Return on Capital Employed (2009 - 2026)
Plains All American Pipeline (PAA) posted quarterly Return on Capital Employed of 6.09% for Q1 2026, up 216.0% year-over-year from 1.93% in Q1 2025, and up 2.76% quarter-over-quarter from 5.92% in Q4 2025.
Plains All American Pipeline (PAA) Return on Capital Employed (2009 - 2026) Analysis & Trends
Plains All American Pipeline's Return on Capital Employed history runs 18 years deep, the most recent figure standing at 6.09% for Q1 2026.
- In Q1 2026, Return on Capital Employed rose 216.0% year-over-year to 6.09%; the TTM figure through Mar 2026 stood at 6.09% (up 216.0% YoY), while the FY2025 annual figure was 6.12%, up 218.0% from the prior year.
- Return on Capital Employed for Q1 2026 stood at 6.09%, up from 5.92% in the prior quarter.
- The five-year high for Return on Capital Employed was 8.45% in Q3 2022, with the low at 2.94% in Q1 2022.
- The 5-year median for Return on Capital Employed is 5.14% (2024), against an average of 5.25%.
- The sharpest annual moves came in 2022 and 2023: Return on Capital Employed surged 748 bps in 2022, then slumped 362 bps in 2023.
- Plains All American Pipeline's Return on Capital Employed stood at 5.93% in 2022, then retreated by 6 bps to 5.58% in 2023, then decreased by 29 bps to 3.96% in 2024, then surged by 50 bps to 5.92% in 2025, then gained by 3 bps to 6.09% in 2026.
- Business Quant data shows PAA's Return on Capital Employed at 6.09% in Q1 2026, 5.92% in Q4 2025, and 4.77% in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROCE (Qtr) |
|---|---|---|---|---|---|
| 1 | Kinder Morgan | 112.69 Bn | 112.57 Bn | 3.07 Bn | 7.68% |
| 2 | Enbridge | 111.03 Bn | 109.54 Bn | 5.23 Bn | 5.40% |
| 3 | Enterprise Products Partners | 83.34 Bn | 82.44 Bn | - | 12.27% |
| 4 | Energy Transfer | 72.41 Bn | 71.38 Bn | 7.40 Bn | 8.43% |
| 5 | Tc Energy | 65.97 Bn | 58.41 Bn | 1.24 Bn | - |
| 6 | Oneok | 60.11 Bn | 59.94 Bn | 2.81 Bn | 9.99% |
| 7 | Mplx | 60.04 Bn | 59.01 Bn | 2.73 Bn | 14.79% |
| 8 | Targa Resources | 59.42 Bn | 59.29 Bn | 2.14 Bn | 15.72% |
| 9 | Cheniere Energy | 56.10 Bn | 54.85 Bn | 5.29 Bn | 15.05% |
| 10 | Plains All American Pipeline | 16.79 Bn | 15.73 Bn | 1.14 Bn | 6.68% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 6.68% |
| Mar 31, 2026 | 6.09% |
| Dec 31, 2025 | 5.92% |
| Sep 30, 2025 | 4.77% |
| Jun 30, 2025 | 3.46% |
| Mar 31, 2025 | 3.92% |
| Dec 31, 2024 | 3.96% |
| Sep 30, 2024 | 4.77% |
| Jun 30, 2024 | 4.98% |
| Mar 31, 2024 | 5.14% |
| Dec 31, 2023 | 5.58% |
| Sep 30, 2023 | 4.82% |
| Jun 30, 2023 | 6.39% |
| Mar 31, 2023 | 6.60% |
| Dec 31, 2022 | 5.93% |
| Sep 30, 2022 | 8.45% |
| Jun 30, 2022 | 5.53% |
| Mar 31, 2022 | 2.94% |
| Dec 31, 2021 | 4.22% |
| Sep 30, 2021 | 0.96% |