Plains All American Pipeline (PAA) Return on Capital Employed [ROCE] (2009 - 2026)
Plains All American Pipeline (PAA) posted Return on Capital Employed [ROCE] of 6.68% for Q2 2026, up 3.23 percentage points from 3.46% a year earlier and up 0.60 percentage points from the prior quarter.
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Analysis
Plains All American Pipeline (PAA) Return on Capital Employed [ROCE] (2009 - 2026) Analysis & Trends
For FY2025, Plains All American Pipeline's Return on Capital Employed [ROCE] came in at 6.12%, up 2.18 percentage points from FY2024.
- Annual Return on Capital Employed [ROCE] shows a five-year change of +16.75 percentage points (FY2020 to FY2025).
- In prior years, Plains All American Pipeline's Return on Capital Employed [ROCE] was 3.94% in FY2024 (-1.62 pp), 5.56% in FY2023 (-0.22 pp), 5.78% in FY2022 (+1.59 pp) and 4.19% in FY2021 (+14.82 pp).
- The Q2 2026 figure stands as the highest quarterly Return on Capital Employed [ROCE] since Q3 2022.
- On a year-over-year basis, Return on Capital Employed [ROCE] has increased in each of the last four quarters, with an average year-over-year change of +0.37 percentage points over the last eight quarters.
- The strongest year-over-year quarter for Return on Capital Employed [ROCE] in the past five years was Q4 2021, with a gain of 16.02 percentage points; the weakest was Q3 2023, with a drop of 3.62 percentage points.
- According to Business Quant data, Return on Capital Employed [ROCE] for the three prior quarters was 6.09% (Q1 2026), 5.92% (Q4 2025) and 4.77% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROCE (Qtr) |
|---|---|---|---|---|---|
| 1 | Enbridge | 101.05 Bn | 98.59 Bn | 4.84 Bn | 5.40% |
| 2 | Williams Companies | 84.68 Bn | 83.39 Bn | 2.54 Bn | 8.70% |
| 3 | Enterprise Products Partners | 77.03 Bn | 75.46 Bn | - | 12.27% |
| 4 | Energy Transfer | 69.18 Bn | 62.61 Bn | 7.40 Bn | 8.43% |
| 5 | Kinder Morgan | 67.95 Bn | 68.90 Bn | 3.07 Bn | 7.68% |
| 6 | Tc Energy | 61.01 Bn | 64.08 Bn | 2.81 Bn | - |
| 7 | Targa Resources | 59.91 Bn | 59.53 Bn | 2.14 Bn | 15.72% |
| 8 | Mplx | 57.11 Bn | 50.67 Bn | 2.91 Bn | 14.79% |
| 9 | Cheniere Energy | 56.26 Bn | 56.39 Bn | 5.29 Bn | 15.05% |
| 10 | Plains All American Pipeline | 16.72 Bn | 13.98 Bn | 1.14 Bn | 6.68% |
Historic Data
Download Data
Historic 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% |
API Access
Plains All American Pipeline Return on Capital Employed [ROCE] 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=return-on-capital-employed-%5Broce%5D&ticker=PAA&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-capital-employed-[roce]", "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=return-on-capital-employed-%5Broce%5D&ticker=PAA&period=max&api_key=YOUR_API_KEY");
const data = await res.json();