Plains All American Pipeline (PAAPU) Tax Rate (2009 - 2026)

Plains All American Pipeline (PAAPU) recorded quarterly Tax Rate of 64.48% in Q1 2026, up 1401.64% quarter-over-quarter from 4.95% in Q4 2025, and up 6216.0% on a YoY basis from 1.02% in Q1 2025.

Plains All American Pipeline (PAAPU) Tax Rate (2009 - 2026) Analysis & Trends

Plains All American Pipeline's Tax Rate history runs 18 years deep, the most recent figure standing at 64.48% for Q1 2026.

  • In Q1 2026, Tax Rate rose 6216.0% year-over-year to 64.48%; the TTM figure through Mar 2026 stood at 15.5% (up 765.0% YoY), while the FY2025 annual figure was 0.07%, down 839.0% from the prior year.
  • Tax Rate was 64.48% for Q1 2026 at Plains All American Pipeline, up from 4.95% in the prior quarter.
  • In the past five years, Tax Rate ranged from a high of 64.48% in Q1 2026 to a low of 28.88% in Q4 2022.
  • Historically, Tax Rate has averaged 4.79% across 5 years, with a median of 3.84% in 2024.
  • The sharpest annual moves came in 2022 and 2026: Tax Rate slumped 3948 bps in 2022, then jumped 6216 bps in 2026.
  • A 5-year view of Tax Rate shows it 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 slumped by 130 bps to 4.95% in 2025, then jumped by 1402 bps to 64.48% in 2026.
  • The last three Tax Rate figures came in at 64.48% (Q1 2026), 4.95% (Q4 2025), and 1.09% (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Tax Rate (Qtr)
1 Enbridge 88.33 Bn 89.03 Bn 6.70 Bn 24.82%
2 Enterprise Products Partners 80.83 Bn 79.68 Bn - 1.45%
3 Kinder Morgan 69.66 Bn 70.75 Bn 3.08 Bn 22.28%
4 Energy Transfer 65.60 Bn 64.88 Bn 6.62 Bn 6.40%
5 Scorpio Tankers 59.17 Bn 58.19 Bn - -
6 Mplx 57.43 Bn 55.92 Bn 2.54 Bn 0.11%
7 Targa Resources 56.68 Bn 56.71 Bn 1.70 Bn 20.27%
8 Oneok 55.34 Bn 55.21 Bn 2.57 Bn 24.00%
9 Tc Energy 50.79 Bn 51.99 Bn 2.95 Bn 10.04%
10 Plains All American Pipeline - - 977.00 Mn 64.48%

Historic Data

Download Data
DateValue
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%