Plains All American Pipeline (PAAPU) Operating Leases (2019 - 2026)
Plains All American Pipeline (PAAPU) recorded quarterly Operating Leases of $202.0 million in Q1 2026, little changed quarter-over-quarter from $202.0 million in Q4 2025, and down 32.89% on a YoY basis from $301.0 million in Q1 2025.
Plains All American Pipeline (PAAPU) Operating Leases (2019 - 2026) Analysis & Trends
Plains All American Pipeline's Operating Leases history runs 8 years deep, the most recent figure standing at $202.0 million for Q1 2026.
- In Q1 2026, Operating Leases fell 32.89% year-over-year to $202.0 million; the TTM figure through Mar 2026 stood at $202.0 million (down 32.89% YoY), while the FY2025 annual figure was $202.0 million, up 5.21% from the prior year.
- Operating Leases was $202.0 million for Q1 2026 at Plains All American Pipeline, roughly flat from $202.0 million in the prior quarter.
- In the past five years, Operating Leases ranged from a high of $379.0 million in Q4 2022 to a low of $188.0 million in Q3 2025.
- Historically, Operating Leases has averaged $272.9 million across 5 years, with a median of $280.0 million in 2023.
- The sharpest annual moves came in 2024 and 2025: Operating Leases sank 44.02% in 2024, then grew 15.33% in 2025.
- A 5-year view of Operating Leases shows it stood at $379.0 million in 2022, then declined by 9.5% to $343.0 million in 2023, then tumbled by 44.02% to $192.0 million in 2024, then increased by 5.21% to $202.0 million in 2025, then changed by 0.0% to $202.0 million in 2026.
- The last three Operating Leases figures came in at $202.0 million (Q1 2026), $202.0 million (Q4 2025), and $188.0 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Enbridge | 88.33 Bn | 89.03 Bn | 6.70 Bn |
| 2 | Enterprise Products Partners | 80.83 Bn | 79.68 Bn | - |
| 3 | Kinder Morgan | 69.66 Bn | 70.75 Bn | 3.08 Bn |
| 4 | Energy Transfer | 65.60 Bn | 64.88 Bn | 6.62 Bn |
| 5 | Scorpio Tankers | 59.17 Bn | 58.19 Bn | - |
| 6 | Mplx | 57.43 Bn | 55.92 Bn | 2.54 Bn |
| 7 | Targa Resources | 56.68 Bn | 56.71 Bn | 1.70 Bn |
| 8 | Oneok | 55.34 Bn | 55.21 Bn | 2.57 Bn |
| 9 | Tc Energy | 50.79 Bn | 51.99 Bn | 2.95 Bn |
| 10 | Plains All American Pipeline | - | - | 977.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 202.00 Mn |
| Dec 31, 2025 | 202.00 Mn |
| Sep 30, 2025 | 188.00 Mn |
| Jun 30, 2025 | 190.00 Mn |
| Mar 31, 2025 | 301.00 Mn |
| Dec 31, 2024 | 192.00 Mn |
| Sep 30, 2024 | 269.00 Mn |
| Jun 30, 2024 | 279.00 Mn |
| Mar 31, 2024 | 261.00 Mn |
| Dec 31, 2023 | 343.00 Mn |
| Sep 30, 2023 | 280.00 Mn |
| Jun 30, 2023 | 299.00 Mn |
| Mar 31, 2023 | 307.00 Mn |
| Dec 31, 2022 | 379.00 Mn |
| Sep 30, 2022 | 300.00 Mn |
| Jun 30, 2022 | 316.00 Mn |
| Mar 31, 2022 | 331.00 Mn |
| Dec 31, 2021 | 416.00 Mn |
| Sep 30, 2021 | 326.00 Mn |
| Jun 30, 2021 | 289.00 Mn |