Plains All American Pipeline (PAA) Return on Capital Employed [ROCE] (2009 - 2026)
Plains All American Pipeline (PAA) posted Return on Capital Employed [ROCE] of 7.28% for Q3 2026, up 2.50 percentage points from 4.77% 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 Q3 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 five quarters, with an average year-over-year change of +0.69 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 6.68% (Q2 2026), 6.09% (Q1 2026) and 5.92% (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROCE (Qtr) |
|---|---|---|---|---|---|
| 1 | Enbridge | 106.26 Bn | 104.14 Bn | 4.35 Bn | 5.39% |
| 2 | Williams Companies | 86.41 Bn | 89.20 Bn | 2.59 Bn | 7.90% |
| 3 | Enterprise Products Partners | 82.58 Bn | 80.98 Bn | 14.00 Mn | 12.76% |
| 4 | Kinder Morgan | 71.13 Bn | 71.22 Bn | 2.97 Bn | 7.64% |
| 5 | Tc Energy | 67.40 Bn | 71.05 Bn | - | - |
| 6 | Energy Transfer | 66.89 Bn | 62.98 Bn | 6.57 Bn | 8.92% |
| 7 | Targa Resources | 63.77 Bn | 62.98 Bn | 2.02 Bn | 16.29% |
| 8 | Cheniere Energy | 63.04 Bn | 62.60 Bn | 2.97 Bn | 15.11% |
| 9 | Mplx | 58.00 Bn | 52.25 Bn | 3.19 Bn | 13.41% |
| 10 | Plains All American Pipeline | 17.30 Bn | 18.05 Bn | 1.14 Bn | 7.28% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 7.28% |
| 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% |
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();