Plains All American Pipeline (PAAPU) Return on Capital Employed (2009 - 2026)
Plains All American Pipeline (PAAPU) recorded quarterly Return on Capital Employed of 6.09% in Q1 2026, up 2.76% quarter-over-quarter from 5.92% in Q4 2025, and up 216.0% on a YoY basis from 1.93% in Q1 2025.
Plains All American Pipeline (PAAPU) Return on Capital Employed (2009 - 2026) Analysis & Trends
Plains All American Pipeline's Return on Capital Employed history runs 18 years deep, the most recent figure standing at 6.09% for Q1 2026.
- In Q1 2026, Return on Capital Employed rose 216.0% year-over-year to 6.09%; the TTM figure through Mar 2026 stood at 6.09% (up 216.0% YoY), while the FY2025 annual figure was 6.12%, up 218.0% from the prior year.
- Return on Capital Employed was 6.09% for Q1 2026 at Plains All American Pipeline, up from 5.92% in the prior quarter.
- In the past five years, Return on Capital Employed ranged from a high of 8.45% in Q3 2022 to a low of 2.94% in Q1 2022.
- Historically, Return on Capital Employed has averaged 5.25% across 5 years, with a median of 5.14% in 2024.
- The sharpest annual moves came in 2022 and 2023: Return on Capital Employed soared 748 bps in 2022, then tumbled 362 bps in 2023.
- A 5-year view of Return on Capital Employed shows it stood at 5.93% in 2022, then decreased by 6 bps to 5.58% in 2023, then slipped by 29 bps to 3.96% in 2024, then soared by 50 bps to 5.92% in 2025, then advanced by 3 bps to 6.09% in 2026.
- The last three Return on Capital Employed figures came in at 6.09% (Q1 2026), 5.92% (Q4 2025), and 4.77% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROCE (Qtr) |
|---|---|---|---|---|---|
| 1 | Enbridge | 88.33 Bn | 89.03 Bn | 6.70 Bn | 5.26% |
| 2 | Enterprise Products Partners | 80.83 Bn | 79.68 Bn | - | 11.93% |
| 3 | Kinder Morgan | 69.66 Bn | 70.75 Bn | 3.08 Bn | 7.42% |
| 4 | Energy Transfer | 65.60 Bn | 64.88 Bn | 6.62 Bn | 7.59% |
| 5 | Scorpio Tankers | 59.17 Bn | 58.19 Bn | - | 13.21% |
| 6 | Mplx | 57.43 Bn | 55.92 Bn | 2.54 Bn | 14.56% |
| 7 | Targa Resources | 56.68 Bn | 56.71 Bn | 1.70 Bn | 3.63% |
| 8 | Oneok | 55.34 Bn | 55.21 Bn | 2.57 Bn | 9.98% |
| 9 | Tc Energy | 50.79 Bn | 51.99 Bn | 2.95 Bn | - |
| 10 | Plains All American Pipeline | - | - | 977.00 Mn | 6.09% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 6.09% |
| Dec 31, 2025 | 5.92% |
| Sep 30, 2025 | 4.77% |
| Jun 30, 2025 | 3.46% |
| Mar 31, 2025 | 3.92% |
| Dec 31, 2024 | 3.96% |
| Sep 30, 2024 | 4.77% |
| Jun 30, 2024 | 4.98% |
| Mar 31, 2024 | 5.14% |
| Dec 31, 2023 | 5.58% |
| Sep 30, 2023 | 4.82% |
| Jun 30, 2023 | 6.39% |
| Mar 31, 2023 | 6.60% |
| Dec 31, 2022 | 5.93% |
| Sep 30, 2022 | 8.45% |
| Jun 30, 2022 | 5.53% |
| Mar 31, 2022 | 2.94% |
| Dec 31, 2021 | 4.22% |
| Sep 30, 2021 | 0.96% |
| Jun 30, 2021 | 2.49% |