Plains All American Pipeline (PAAPU) Tax Rate (2009 - 2026)
Plains All American Pipeline (PAAPU) posted Tax Rate of 64.48% for Q1 2026, up 1401.64% on a QoQ basis from 4.95% in Q4 2025, and up 6216.0% year-on-year from 1.02% in Q1 2025.
Plains All American Pipeline (PAAPU) Tax Rate (2009 - 2026) Analysis & Trends
Plains All American Pipeline has disclosed Tax Rate across 18 years of filings, most recently posting 64.48% for Q1 2026.
- Tax Rate for Q1 2026 came in at 64.48%, up 6216.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 15.5% (up 765.0% YoY), and the FY2025 annual result was 0.07%, down 839.0% from the prior year.
- Tax Rate came in at 64.48% for Q1 2026 at Plains All American Pipeline, up from 4.95% in the prior quarter.
- Over the last five years, Tax Rate for PAAPU reached as high as 64.48% in Q1 2026 and fell as low as 28.88% in Q4 2022.
- Median Tax Rate over the past 5 years was 3.84% (2024), compared with a mean of 4.79%.
- Year-over-year, Tax Rate sank 3948 bps in 2022 and surged 6216 bps in 2026.
- Over 5 years, Tax Rate stood at 28.88% in 2022, then grew by 20 bps to 23.12% in 2023, then surged by 171 bps to 16.39% in 2024, then plunged by 130 bps to 4.95% in 2025, then jumped by 1402 bps to 64.48% in 2026.
- Per Business Quant, the three latest PAAPU Tax Rate figures stand at 64.48% (Q1 2026), 4.95% (Q4 2025), and 1.09% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Enbridge | 1,308.38 Bn | 1,309.08 Bn | 6.70 Bn | 24.82% |
| 2 | Kinder Morgan | 112.34 Bn | 113.42 Bn | 3.08 Bn | 22.28% |
| 3 | Enterprise Products Partners | 79.55 Bn | 78.40 Bn | - | 1.45% |
| 4 | Energy Transfer | 65.78 Bn | 65.07 Bn | 6.62 Bn | 6.40% |
| 5 | Targa Resources | 57.60 Bn | 57.63 Bn | 1.70 Bn | 20.27% |
| 6 | Mplx | 57.17 Bn | 55.67 Bn | 2.54 Bn | 0.11% |
| 7 | Oneok | 54.83 Bn | 54.70 Bn | 2.57 Bn | 24.00% |
| 8 | Cheniere Energy Partners | 29.50 Bn | 29.22 Bn | 838.00 Mn | - |
| 9 | Venture Global | 27.41 Bn | 27.36 Bn | 4.33 Bn | 15.08% |
| 10 | Plains All American Pipeline | - | - | 977.00 Mn | 64.48% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 64.48% |
| Mar 31, 2026 | 64.48% |
| Dec 31, 2025 | -4.95% |
| Dec 31, 2025 | -4.95% |
| Sep 30, 2025 | 1.09% |
| Sep 30, 2025 | 1.09% |
| Jun 30, 2025 | 1.73% |
| Jun 30, 2025 | 1.73% |
| Mar 31, 2025 | 2.31% |
| Mar 31, 2025 | 2.31% |
| Dec 31, 2024 | 16.39% |
| Dec 31, 2024 | 16.39% |
| Sep 30, 2024 | 3.88% |
| Sep 30, 2024 | 3.88% |
| Jun 30, 2024 | 14.86% |
| Jun 30, 2024 | 14.86% |
| Mar 31, 2024 | 3.84% |
| Mar 31, 2024 | 3.84% |
| Dec 31, 2023 | -23.12% |
| Dec 31, 2023 | -23.12% |