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
DateValue
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