Plains All American Pipeline (PAAPU) Free Cash Flow (2009 - 2026)

Plains All American Pipeline (PAAPU) recorded quarterly Free Cash Flow of $288.0 million in Q1 2026, down 54.86% quarter-over-quarter from $638.0 million in Q4 2025, and little changed on a YoY basis from $289.0 million in Q1 2025.

Plains All American Pipeline (PAAPU) Free Cash Flow (2009 - 2026) Analysis & Trends

Plains All American Pipeline's Free Cash Flow history runs 18 years deep, the most recent figure standing at $288.0 million for Q1 2026.

  • In Q1 2026, Free Cash Flow changed 0.35% year-over-year to $288.0 million; the TTM figure through Mar 2026 stood at $2.3 billion (up 10.78% YoY), while the FY2025 annual figure was $2.3 billion, up 12.29% from the prior year.
  • Free Cash Flow was $288.0 million for Q1 2026 at Plains All American Pipeline, down from $638.0 million in the prior quarter.
  • In the past five years, Free Cash Flow ranged from a high of $933.0 million in Q3 2025 to a low of -$52.0 million in Q3 2023.
  • Historically, Free Cash Flow has averaged $495.3 million across 5 years, with a median of $577.0 million in 2024.
  • The sharpest annual moves came in 2023 and 2024: Free Cash Flow tumbled 106.34% in 2023, then soared 1219.23% in 2024.
  • A 5-year view of Free Cash Flow shows it stood at $191.0 million in 2022, then jumped by 178.53% to $532.0 million in 2023, then climbed by 16.73% to $621.0 million in 2024, then grew by 2.74% to $638.0 million in 2025, then sank by 54.86% to $288.0 million in 2026.
  • The last three Free Cash Flow figures came in at $288.0 million (Q1 2026), $638.0 million (Q4 2025), and $933.0 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Free Cash Flow (Qtr)
1 Enbridge 88.33 Bn 89.03 Bn 6.70 Bn -70.73 Mn
2 Enterprise Products Partners 80.83 Bn 79.68 Bn - 486.00 Mn
3 Kinder Morgan 69.66 Bn 70.75 Bn 3.08 Bn 1.36 Bn
4 Energy Transfer 65.60 Bn 64.88 Bn 6.62 Bn 1.46 Bn
5 Scorpio Tankers 59.17 Bn 58.19 Bn - -
6 Mplx 57.43 Bn 55.92 Bn 2.54 Bn 772.00 Mn
7 Targa Resources 56.68 Bn 56.71 Bn 1.70 Bn -160.00 Mn
8 Oneok 55.34 Bn 55.21 Bn 2.57 Bn 70.00 Mn
9 Tc Energy 50.79 Bn 51.99 Bn 2.95 Bn 392.96 Mn
10 Plains All American Pipeline - - 977.00 Mn 288.00 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 288.00 Mn
Mar 31, 2026 288.00 Mn
Dec 31, 2025 638.00 Mn
Dec 31, 2025 638.00 Mn
Sep 30, 2025 933.00 Mn
Sep 30, 2025 933.00 Mn
Jun 30, 2025 433.00 Mn
Jun 30, 2025 433.00 Mn
Mar 31, 2025 289.00 Mn
Mar 31, 2025 289.00 Mn
Dec 31, 2024 621.00 Mn
Dec 31, 2024 621.00 Mn
Sep 30, 2024 582.00 Mn
Sep 30, 2024 582.00 Mn
Jun 30, 2024 577.00 Mn
Jun 30, 2024 577.00 Mn
Mar 31, 2024 262.00 Mn
Mar 31, 2024 262.00 Mn
Dec 31, 2023 532.00 Mn
Dec 31, 2023 532.00 Mn