Plains All American Pipeline (PAAPU) EBT Margin (2009 - 2026)

Plains All American Pipeline's EBT Margin history runs 18 years deep, the most recent figure standing at 2.69% for Q1 2026.

• In Q1 2026, EBT Margin fell 70.0% year-over-year to 2.69%; the TTM figure through Mar 2026 stood at 2.98% (up 91.0% YoY), while the FY2025 annual figure was 3.17%, up 118.0% from the prior year.
• EBT Margin was 2.69% for Q1 2026 at Plains All American Pipeline, down from 3.06% in the prior quarter.
• In the past five years, EBT Margin ranged from a high of 4.28% in Q1 2023 to a low of 0.51% in Q4 2024.
• Historically, EBT Margin has averaged 2.63% across 5 years, with a median of 2.69% in 2026.
• Biggest YoY gain for EBT Margin was 463 bps in 2022; the steepest drop was 354 bps in 2022.
• A 5-year view of EBT Margin shows it stood at 2.49% in 2022, then slumped by 34 bps to 1.64% in 2023, then slumped by 69 bps to 0.51% in 2024, then jumped by 503 bps to 3.06% in 2025, then slipped by 12 bps to 2.69% in 2026.
• The last three EBT Margin figures came in at 2.69% (Q1 2026), 3.06% (Q4 2025), and 3.96% (Q3 2025), per Business Quant data.