Plains All American Pipeline (PAA) Tax Rate (2009 - 2026)
Plains All American Pipeline (PAA) recorded quarterly Tax Rate of 64.48% in Q1 2026, up 1401.64% quarter-over-quarter from 4.95% in Q4 2025, and up 6216.0% on a YoY basis from 1.02% in Q1 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 64.48% for Q1 2026.
- In Q1 2026, Tax Rate rose 6216.0% year-over-year to 64.48%; the TTM figure through Mar 2026 stood at 15.5% (up 765.0% YoY), while the FY2025 annual figure was 0.07%, down 839.0% from the prior year.
- Tax Rate was 64.48% for Q1 2026 at Plains All American Pipeline, up from 4.95% in the prior quarter.
- In the past five years, Tax Rate ranged from a high of 64.48% in Q1 2026 to a low of 28.88% in Q4 2022.
- Historically, Tax Rate has averaged 4.79% across 5 years, with a median of 3.84% in 2024.
- The sharpest annual moves came in 2022 and 2026: Tax Rate slumped 3948 bps in 2022, then jumped 6216 bps in 2026.
- A 5-year view of Tax Rate shows it 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 slumped by 130 bps to 4.95% in 2025, then jumped by 1402 bps to 64.48% in 2026.
- The last three Tax Rate figures came in at 64.48% (Q1 2026), 4.95% (Q4 2025), and 1.09% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Enbridge | 88.15 Bn | 88.85 Bn | 6.70 Bn | 24.82% |
| 2 | Enterprise Products Partners | 81.41 Bn | 80.26 Bn | - | 1.45% |
| 3 | Kinder Morgan | 69.70 Bn | 70.78 Bn | 3.08 Bn | 22.28% |
| 4 | Energy Transfer | 66.51 Bn | 65.79 Bn | 6.62 Bn | 6.40% |
| 5 | Scorpio Tankers | 59.31 Bn | 58.33 Bn | - | - |
| 6 | Mplx | 57.21 Bn | 55.70 Bn | 2.54 Bn | 0.11% |
| 7 | Targa Resources | 56.78 Bn | 56.82 Bn | 1.70 Bn | 20.27% |
| 8 | Oneok | 55.57 Bn | 55.44 Bn | 2.57 Bn | 24.00% |
| 9 | Tc Energy | 50.90 Bn | 52.09 Bn | 2.95 Bn | 10.04% |
| 10 | Plains All American Pipeline | 16.11 Bn | 15.94 Bn | 977.00 Mn | 64.48% |
Historic Data
Download Data| Date | Value |
|---|---|
| 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% |