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| Date | Value |
|---|---|
| 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% |