Plains All American Pipeline (PAA) Tax Rate (2009 - 2026)

Plains All American Pipeline's (PAA) quarterly Tax Rate came in at 0.3% in Q1 2026, down 202.0% year-on-year from 0.29% in Q1 2025, and up 148.21% quarter-over-quarter from 0.62% in Q4 2025.

Plains All American Pipeline (PAA) Tax Rate (2009 - 2026) Analysis & Trends

Plains All American Pipeline's Tax Rate history runs 18 years deep, the most recent figure standing at 0.3% for Q1 2026.

  • On a quarterly basis, Tax Rate fell 202.0% year-over-year to 0.3% in Q1 2026; TTM through Mar 2026 was 0.59%, a 786.0% decrease from a year earlier, with the FY2025 full-year figure at 1.07%, down 791.0% from the prior year.
  • Tax Rate climbed to 0.3% in Q1 2026 per PAA's latest filing, from 0.62% in the prior quarter.
  • Across five years, Tax Rate topped out at 26.23% in Q4 2024 and bottomed at 18.28% in Q4 2023.
  • The 5-year median for Tax Rate is 3.88% (2024), against an average of 5.8%.
  • Across the five-year window, Tax Rate soared 4451 bps in 2024 and plunged 2685 bps in 2025, its largest moves.
  • Year by year, Tax Rate stood at 7.45% in 2022, then sank by 345 bps to 18.28% in 2023, then jumped by 243 bps to 26.23% in 2024, then plunged by 102 bps to 0.62% in 2025, then jumped by 148 bps to 0.3% in 2026.
  • Per Business Quant, the three latest PAA Tax Rate figures stand at 0.3% (Q1 2026), 0.62% (Q4 2025), and 1.09% (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Tax Rate (Qtr)
1 DHT Holdings 2,706.13 Bn 2,706.00 Bn 167.16 Mn -0.08%
2 Flex LNG 1,674.16 Bn 1,673.77 Bn 61.79 Mn -0.12%
3 Kinder Morgan 112.74 Bn 113.82 Bn 3.07 Bn 23.33%
4 Enbridge 89.82 Bn 89.03 Bn 6.70 Bn 24.82%
5 Enterprise Products Partners 83.97 Bn 82.82 Bn - 1.45%
6 Tc Energy 72.76 Bn 73.95 Bn 1.36 Bn 10.04%
7 Energy Transfer 70.27 Bn 69.30 Bn 6.62 Bn 6.40%
8 Targa Resources 61.30 Bn 61.34 Bn 1.70 Bn 20.27%
9 Oneok 61.15 Bn 61.02 Bn 8.98 Bn 24.00%
10 Plains All American Pipeline 17.42 Bn 17.25 Bn 977.00 Mn 0.30%

Historic Data

Download Data
DateValue
Mar 31, 2026 0.30%
Mar 31, 2026 0.30%
Mar 31, 2026 0.30%
Dec 31, 2025 -0.62%
Dec 31, 2025 -0.62%
Dec 31, 2025 -0.62%
Sep 30, 2025 1.09%
Sep 30, 2025 1.09%
Sep 30, 2025 1.09%
Jun 30, 2025 1.73%
Jun 30, 2025 1.73%
Jun 30, 2025 1.73%
Mar 31, 2025 2.31%
Mar 31, 2025 2.31%
Mar 31, 2025 2.31%
Dec 31, 2024 26.23%
Dec 31, 2024 26.23%
Dec 31, 2024 26.23%
Sep 30, 2024 3.88%
Sep 30, 2024 3.88%