Plains All American Pipeline (PAA) Tax Rate (2010 - 2026)
Plains All American Pipeline (PAA) posted Tax Rate of 26.60% for Q2 2026, up 24.86 percentage points from 1.73% a year earlier and up 26.30 percentage points from the prior quarter.
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Analysis
Plains All American Pipeline (PAA) Tax Rate (2010 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, Tax Rate at Plains All American Pipeline was 7.03%, up 2.86 percentage points year-over-year; for FY2025, it came in at 1.07%, down 7.91 percentage points from FY2024.
- Annual Tax Rate shows a five-year change of +0.34 percentage points (FY2020 to FY2025).
- In prior years, Plains All American Pipeline's Tax Rate was 8.98% in FY2024 (+4.53 pp), 4.45% in FY2023 (-8.89 pp), 13.34% in FY2022 (+3.21 pp) and 10.12% in FY2021 (+9.39 pp).
- The Q2 2026 figure stands as the highest quarterly Tax Rate since Q3 2021.
- On a year-over-year basis, Tax Rate increased in three of the last eight quarters, with an average year-over-year change of +3.18 percentage points.
- The strongest year-over-year quarter for Tax Rate in the past five years was Q4 2024, with a gain of 37.52 percentage points; the weakest was Q4 2021, with a drop of 35.77 percentage points.
- According to Business Quant data, Tax Rate for the three prior quarters was 0.30% (Q1 2026), -0.62% (Q4 2025) and 1.31% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Enbridge | 102.52 Bn | 100.06 Bn | 4.84 Bn | 21.97% |
| 2 | Enterprise Products Partners | 79.27 Bn | 77.71 Bn | - | 0.64% |
| 3 | Energy Transfer | 69.21 Bn | 62.65 Bn | 7.40 Bn | 7.12% |
| 4 | Kinder Morgan | 68.17 Bn | 69.12 Bn | 3.07 Bn | 23.33% |
| 5 | Tc Energy | 61.09 Bn | 64.16 Bn | 2.81 Bn | - |
| 6 | Targa Resources | 59.48 Bn | 59.10 Bn | 2.14 Bn | 22.61% |
| 7 | Mplx | 58.45 Bn | 52.01 Bn | 2.91 Bn | 0.18% |
| 8 | Oneok | 55.88 Bn | 54.37 Bn | 2.81 Bn | 23.62% |
| 9 | Cheniere Energy | 55.70 Bn | 55.83 Bn | 5.29 Bn | 9.13% |
| 10 | Plains All American Pipeline | 17.31 Bn | 14.57 Bn | 1.14 Bn | 26.60% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 26.60% |
| Mar 31, 2026 | 0.30% |
| Sep 30, 2025 | 1.31% |
| Jun 30, 2025 | 1.73% |
| Mar 31, 2025 | 2.31% |
| Dec 31, 2024 | 26.23% |
| Sep 30, 2024 | 3.88% |
| Jun 30, 2024 | 14.86% |
| Mar 31, 2024 | 3.84% |
| Jun 30, 2023 | 10.97% |
| Mar 31, 2023 | 10.04% |
| Dec 31, 2022 | 3.73% |
| Sep 30, 2022 | 19.78% |
| Jun 30, 2022 | 15.77% |
| Mar 31, 2022 | 8.54% |
| Dec 31, 2021 | 15.21% |
| Mar 31, 2021 | 5.37% |
| Dec 31, 2019 | 7.23% |
| Sep 30, 2019 | 8.28% |
| Mar 31, 2019 | 2.41% |
API Access
Plains All American Pipeline Tax Rate 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=tax-rate&ticker=PAA&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "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=tax-rate&ticker=PAA&period=max&api_key=YOUR_API_KEY");
const data = await res.json();