Plains All American Pipeline (PAA) Return on Equity [ROE] (2009 - 2026)
Plains All American Pipeline's Return on Equity [ROE] came in at 22.54% for Q3 2026, up 11.27 percentage points from 11.27% a year earlier but down 0.42 percentage points from the prior quarter.
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Analysis
Plains All American Pipeline (PAA) Return on Equity [ROE] (2009 - 2026) Analysis & Trends
For FY2025, Plains All American Pipeline's Return on Equity [ROE] was 13.52%, up 5.22 percentage points from FY2024.
- Return on Equity [ROE] carries a five-year change of +36.02 percentage points (FY2020 to FY2025).
- Going back by year, Return on Equity [ROE] was 8.30% in FY2024 (-2.81 pp), 11.10% in FY2023 (+1.71 pp), 9.40% in FY2022 (+3.65 pp) and 5.75% in FY2021 (+28.25 pp).
- The five-year range for quarterly Return on Equity [ROE] is 3.51% (Q1 2022) to 22.96% (Q2 2026).
- Year-over-year, Return on Equity [ROE] has increased for five consecutive quarters, with an average year-over-year change of +3.65 percentage points over the last eight quarters.
- The fastest year-over-year change in Return on Equity [ROE] over five years came in Q4 2021 (a gain of 32.20 percentage points), and the weakest in Q1 2022 (a drop of 3.43 percentage points).
- Business Quant data shows PAA's Return on Equity [ROE] at 22.96% (Q2 2026), 11.46% (Q1 2026) and 13.57% (Q4 2025) in the three quarters before Q3 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROE (Qtr) |
|---|---|---|---|---|---|
| 1 | Enbridge | 106.26 Bn | 104.14 Bn | 4.35 Bn | 10.24% |
| 2 | Williams Companies | 86.41 Bn | 89.20 Bn | 2.59 Bn | 21.40% |
| 3 | Enterprise Products Partners | 82.58 Bn | 80.98 Bn | 14.00 Mn | 21.37% |
| 4 | Kinder Morgan | 71.13 Bn | 71.22 Bn | 2.97 Bn | 11.28% |
| 5 | Tc Energy | 67.40 Bn | 71.05 Bn | - | 17.29% |
| 6 | Energy Transfer | 66.89 Bn | 62.98 Bn | 6.57 Bn | 15.09% |
| 7 | Targa Resources | 63.77 Bn | 62.98 Bn | 2.02 Bn | 64.32% |
| 8 | Cheniere Energy | 63.04 Bn | 62.60 Bn | 2.97 Bn | 39.63% |
| 9 | Mplx | 58.00 Bn | 52.25 Bn | 3.19 Bn | 30.73% |
| 10 | Plains All American Pipeline | 17.30 Bn | 18.05 Bn | 1.14 Bn | 22.54% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 22.54% |
| Jun 30, 2026 | 22.96% |
| Mar 31, 2026 | 11.46% |
| Dec 31, 2025 | 13.57% |
| Sep 30, 2025 | 11.27% |
| Jun 30, 2025 | 9.64% |
| Mar 31, 2025 | 9.84% |
| Dec 31, 2024 | 8.35% |
| Sep 30, 2024 | 10.27% |
| Jun 30, 2024 | 9.98% |
| Mar 31, 2024 | 10.07% |
| Dec 31, 2023 | 11.01% |
| Sep 30, 2023 | 10.41% |
| Jun 30, 2023 | 11.64% |
| Mar 31, 2023 | 11.03% |
| Dec 31, 2022 | 9.42% |
| Sep 30, 2022 | 11.11% |
| Jun 30, 2022 | 7.17% |
| Mar 31, 2022 | 3.51% |
| Dec 31, 2021 | 5.86% |
API Access
Plains All American Pipeline Return on Equity [ROE] 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-equity-%5Broe%5D&ticker=PAA&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-equity-[roe]", "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-equity-%5Broe%5D&ticker=PAA&period=max&api_key=YOUR_API_KEY");
const data = await res.json();