Plains All American Pipeline (PAA) Tax Rate (2009 - 2026)
Plains All American Pipeline (PAA) posted Tax Rate of 28.46% for Q2 2026, down 55.86% on a QoQ basis from 64.48% in Q1 2026, and up 2673.0% year-over-year from 1.03% in Q2 2025.
Powered by 
Analysis
Plains All American Pipeline (PAA) Tax Rate (2009 - 2026) Analysis & Trends
Plains All American Pipeline has reported Tax Rate for 18 years, with the latest figure at 28.46% in Q2 2026.
- On a quarterly basis, Tax Rate rose 2673.0% year-over-year to 28.46% in Q2 2026; TTM through Jun 2026 was 21.9%, a 1784.0% increase from a year earlier, with the FY2025 full-year figure at 1.07%, down 791.0% from the prior year.
- Tax Rate was 28.46% for Q2 2026 at Plains All American Pipeline, down from 64.48% in the prior quarter.
- The five-year high for Tax Rate was 64.48% in Q1 2026, with the low at 18.28% in Q4 2023.
- Average Tax Rate over 5 years is 11.99%, with a median of 9.75% recorded in 2023.
- The sharpest annual moves came in 2025 and 2026: Tax Rate plunged 2521 bps in 2025, then surged 6216 bps in 2026.
- Over 5 years, Tax Rate stood at 3.73% in 2022, then slumped by 591 bps to 18.28% in 2023, then soared by 235 bps to 24.59% in 2024, then plunged by 103 bps to 0.62% in 2025, then soared by 4696 bps to 28.46% in 2026.
- The last three Tax Rate figures came in at 28.46% (Q2 2026), 64.48% (Q1 2026), and 0.62% (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Kinder Morgan | 111.69 Bn | 112.81 Bn | 3.07 Bn | 23.33% |
| 2 | Enterprise Products Partners | 84.07 Bn | 83.21 Bn | - | 0.64% |
| 3 | Energy Transfer | 74.03 Bn | 73.00 Bn | 7.40 Bn | 7.12% |
| 4 | Tc Energy | 65.16 Bn | 64.62 Bn | 1.80 Bn | 5.85% |
| 5 | Targa Resources | 62.18 Bn | 62.19 Bn | 2.14 Bn | 22.61% |
| 6 | Mplx | 60.51 Bn | 59.48 Bn | 2.73 Bn | 0.18% |
| 7 | Oneok | 60.16 Bn | 60.09 Bn | 2.81 Bn | 23.62% |
| 8 | Enbridge | 54.38 Bn | 54.88 Bn | 5.23 Bn | 21.97% |
| 9 | Pembina Pipeline | 28.12 Bn | 27.76 Bn | 933.00 Mn | 21.47% |
| 10 | Plains All American Pipeline | 18.13 Bn | 17.07 Bn | 1.14 Bn | 28.46% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 28.46% |
| Mar 31, 2026 | 64.48% |
| Dec 31, 2025 | -0.62% |
| Sep 30, 2025 | 1.31% |
| Jun 30, 2025 | 1.73% |
| Mar 31, 2025 | 2.31% |
| Dec 31, 2024 | 24.59% |
| Sep 30, 2024 | 3.88% |
| Jun 30, 2024 | 14.86% |
| Mar 31, 2024 | 14.52% |
| Dec 31, 2023 | -18.28% |
| Sep 30, 2023 | 8.30% |
| Jun 30, 2023 | 10.97% |
| Mar 31, 2023 | 11.55% |
| 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% |
| Sep 30, 2021 | 35.29% |