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

Plains All American Pipeline (PAA) posted Tax Rate of 64.48% for Q1 2026, up 1401.64% on a QoQ basis from 4.95% in Q4 2025, and up 6216.0% year-on-year from 1.02% in Q1 2025.

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

Plains All American Pipeline has disclosed Tax Rate across 18 years of filings, most recently posting 64.48% for Q1 2026.

  • Tax Rate for Q1 2026 came in at 64.48%, up 6216.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 15.5% (up 765.0% YoY), and the FY2025 annual result was 0.07%, down 839.0% from the prior year.
  • Tax Rate came in at 64.48% for Q1 2026 at Plains All American Pipeline, up from 4.95% in the prior quarter.
  • Over the last five years, Tax Rate for PAA reached as high as 64.48% in Q1 2026 and fell as low as 28.88% in Q4 2022.
  • Median Tax Rate over the past 5 years was 3.84% (2024), compared with a mean of 4.79%.
  • Year-over-year, Tax Rate sank 3948 bps in 2022 and surged 6216 bps in 2026.
  • Over 5 years, Tax Rate stood at 28.88% in 2022, then grew by 20 bps to 23.12% in 2023, then surged by 171 bps to 16.39% in 2024, then plunged by 130 bps to 4.95% in 2025, then jumped by 1402 bps to 64.48% in 2026.
  • Per Business Quant, the three latest PAA Tax Rate figures stand at 64.48% (Q1 2026), 4.95% (Q4 2025), and 1.09% (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Tax Rate (Qtr)
1 Enbridge 1,308.38 Bn 1,309.08 Bn 6.70 Bn 24.82%
2 Kinder Morgan 112.34 Bn 113.42 Bn 3.08 Bn 22.28%
3 Enterprise Products Partners 79.55 Bn 78.40 Bn - 1.45%
4 Energy Transfer 65.78 Bn 65.07 Bn 6.62 Bn 6.40%
5 Targa Resources 57.60 Bn 57.63 Bn 1.70 Bn 20.27%
6 Mplx 57.17 Bn 55.67 Bn 2.54 Bn 0.11%
7 Oneok 54.83 Bn 54.70 Bn 2.57 Bn 24.00%
8 Cheniere Energy Partners 29.50 Bn 29.22 Bn 838.00 Mn -
9 Venture Global 27.41 Bn 27.36 Bn 4.33 Bn 15.08%
10 Plains All American Pipeline 15.72 Bn 15.54 Bn 977.00 Mn 64.48%

Historic Data

Download Data
DateValue
Mar 31, 2026 64.48%
Mar 31, 2026 64.48%
Dec 31, 2025 -4.95%
Dec 31, 2025 -4.95%
Sep 30, 2025 1.09%
Sep 30, 2025 1.09%
Jun 30, 2025 1.73%
Jun 30, 2025 1.73%
Mar 31, 2025 2.31%
Mar 31, 2025 2.31%
Dec 31, 2024 16.39%
Dec 31, 2024 16.39%
Sep 30, 2024 3.88%
Sep 30, 2024 3.88%
Jun 30, 2024 14.86%
Jun 30, 2024 14.86%
Mar 31, 2024 3.84%
Mar 31, 2024 3.84%
Dec 31, 2023 -23.12%
Dec 31, 2023 -23.12%