Plains All American Pipeline (PAA) Return on Equity [ROE] (2009 - 2026)
Plains All American Pipeline's Return on Equity [ROE] came in at 22.96% for Q2 2026, up 13.32 percentage points from 9.64% a year earlier and up 11.50 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 Q2 2026 figure represents the highest quarterly Return on Equity [ROE] since Q2 2019.
- Year-over-year, Return on Equity [ROE] has increased for four consecutive quarters, with an average year-over-year change of +2.22 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 11.46% (Q1 2026), 13.57% (Q4 2025) and 11.27% (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROE (Qtr) |
|---|---|---|---|---|---|
| 1 | Enbridge | 100.40 Bn | 97.94 Bn | 4.84 Bn | 9.28% |
| 2 | Williams Companies | 86.28 Bn | 85.00 Bn | 2.54 Bn | 24.72% |
| 3 | Enterprise Products Partners | 78.15 Bn | 76.58 Bn | - | 20.74% |
| 4 | Energy Transfer | 70.55 Bn | 63.99 Bn | 7.40 Bn | 14.04% |
| 5 | Kinder Morgan | 69.13 Bn | 70.08 Bn | 3.07 Bn | 10.91% |
| 6 | Tc Energy | 61.50 Bn | 64.57 Bn | 2.81 Bn | 446.22% |
| 7 | Targa Resources | 60.39 Bn | 60.01 Bn | 2.14 Bn | 65.25% |
| 8 | Mplx | 57.19 Bn | 50.75 Bn | 2.91 Bn | 33.40% |
| 9 | Cheniere Energy | 55.74 Bn | 55.87 Bn | 5.29 Bn | 44.23% |
| 10 | Plains All American Pipeline | 16.76 Bn | 14.02 Bn | 1.14 Bn | 22.96% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| 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% |
| Sep 30, 2021 | 1.34% |
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();