Plains All American Pipeline (PAA) Tax Provisions (2009 - 2026)
Plains All American Pipeline's (PAA) quarterly Tax Provisions came in at $1.0 million in Q1 2026, down 88.89% year-on-year from $9.0 million in Q1 2025, and up 150.0% quarter-over-quarter from -$2.0 million in Q4 2025.
Plains All American Pipeline (PAA) Tax Provisions (2009 - 2026) Analysis & Trends
Plains All American Pipeline's Tax Provisions history runs 18 years deep, the most recent figure standing at $1.0 million for Q1 2026.
- On a quarterly basis, Tax Provisions fell 88.89% year-over-year to $1.0 million in Q1 2026; TTM through Mar 2026 was $8.0 million, a 90.59% decrease from a year earlier, with the FY2025 full-year figure at $15.0 million, down 82.76% from the prior year.
- Tax Provisions advanced to $1.0 million in Q1 2026 per PAA's latest filing, from -$2.0 million in the prior quarter.
- Across five years, Tax Provisions topped out at $53.0 million in Q1 2023 and bottomed at -$34.0 million in Q4 2023.
- The 5-year median for Tax Provisions is $14.0 million (2024), against an average of $17.4 million.
- Across the five-year window, Tax Provisions surged 570.0% in 2022 and tumbled 241.67% in 2023, its largest moves.
- Year by year, Tax Provisions stood at $24.0 million in 2022, then tumbled by 241.67% to -$34.0 million in 2023, then surged by 147.06% to $16.0 million in 2024, then plunged by 112.5% to -$2.0 million in 2025, then jumped by 150.0% to $1.0 million in 2026.
- Per Business Quant, the three latest PAA Tax Provisions figures stand at $1.0 million (Q1 2026), -$2.0 million (Q4 2025), and $5.0 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | DHT Holdings | 2,706.13 Bn | 2,706.00 Bn | 167.16 Mn | -126,000.00 |
| 2 | Flex LNG | 1,674.16 Bn | 1,673.77 Bn | 61.79 Mn | -23,000.00 |
| 3 | Kinder Morgan | 112.74 Bn | 113.82 Bn | 3.07 Bn | 272.00 Mn |
| 4 | Enbridge | 89.82 Bn | 89.03 Bn | 6.70 Bn | 428.04 Mn |
| 5 | Enterprise Products Partners | 83.97 Bn | 82.82 Bn | - | 22.00 Mn |
| 6 | Tc Energy | 72.76 Bn | 73.95 Bn | 1.36 Bn | 102.54 Mn |
| 7 | Energy Transfer | 70.27 Bn | 69.30 Bn | 6.62 Bn | 135.00 Mn |
| 8 | Targa Resources | 61.30 Bn | 61.34 Bn | 1.70 Bn | 123.90 Mn |
| 9 | Oneok | 61.15 Bn | 61.02 Bn | 8.98 Bn | 245.00 Mn |
| 10 | Plains All American Pipeline | 17.42 Bn | 17.25 Bn | 977.00 Mn | 1.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 1.00 Mn |
| Dec 31, 2025 | -2.00 Mn |
| Sep 30, 2025 | 5.00 Mn |
| Jun 30, 2025 | 4.00 Mn |
| Mar 31, 2025 | 9.00 Mn |
| Dec 31, 2024 | 16.00 Mn |
| Sep 30, 2024 | 8.00 Mn |
| Jun 30, 2024 | 52.00 Mn |
| Mar 31, 2024 | 14.00 Mn |
| Dec 31, 2023 | -34.00 Mn |
| Sep 30, 2023 | 22.00 Mn |
| Jun 30, 2023 | 43.00 Mn |
| Mar 31, 2023 | 53.00 Mn |
| Dec 31, 2022 | 24.00 Mn |
| Sep 30, 2022 | 12.00 Mn |
| Jun 30, 2022 | 47.00 Mn |
| Mar 31, 2022 | 21.00 Mn |
| Dec 31, 2021 | 66.00 Mn |
| Sep 30, 2021 | 8.00 Mn |
| Jun 30, 2021 | -10.00 Mn |