PLAINS ALL AMERICAN PIPELINE LP
PAA · XNASCIK 1070423fmd_08GXVK9H0RVFSV8P7VM3RZJHYPTransportation, Communications, Electric, Gas and Sanitary Services · Pipe Lines (No Natural Gas)Template: Standard
Coverage: Jan 01, 2007 to Sep 30, 2026, 75 periods
Latest annual · FY2025
Millions- Total revenues
- 44,262
- Gross profit
- 3,829
- Operating income
- 1,434
- Net income
- 1,435
- Free cash flow
- 2,293
Latest quarter · Q3 FY2026
Millions- Total revenues
- 15,173
- Gross profit
- 1,143
- Operating income
- 516
- Net income
- 363
- Free cash flow
- 530
Daily close · PAAIEX trades only
Nov 13, 2025 to Nov 11, 2026 · 250 sessions24.13 USD
Built from trades executed at IEX only, one exchange with a small share of US volume. This is not the consolidated tape. The close is the last IEX trade of the session, not the official closing price. Earlier sessions are divided by the later split ratios the API confirmed against IEX prices; dividends are not adjusted. Switch to As traded for the prices as they printed. End of day, not real time: a session is published the day after it trades.
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Key stats
Open AnalysisCompound annual growth
- Revenue, 3 yearsFY2022 to FY2025
- -8.3%
- Revenue, 5 yearsFY2020 to FY2025
- +13.7%
- Net income, 5 yearsFY2020 to FY2025
- n/m
PLAINS ALL AMERICAN PIPELINE LP (PAA) financials: quick answers
Annual figures as filed with the SEC. Each number links to the filing it came from and to its proof.
| Metric | FY2025 | FY2024 | Change | Source |
|---|---|---|---|---|
| Revenue | $44.3 billion | $48.9 billion | -9.5% | 10-K 2026-02-27 · proof |
| Gross profit | $3.8 billion | $3.7 billion | +2.7% | 10-K 2026-02-27 · proof |
| Operating income | $1.4 billion | $868 million | +65.2% | 10-K 2026-02-27 · proof |
| Net income | $1.4 billion | $772 million | +85.9% | 10-K 2026-02-27 · proof |
| Cash from operating activities | $2.9 billion | $2.5 billion | +17.9% | 10-K 2026-02-27 · proof |
| Free cash flow | $2.3 billion | $2 billion | +12.3% | 10-K 2026-02-27 · proof |
| Total assets | $30.2 billion | $26.6 billion | +13.6% | 10-K 2026-02-27 · proof |
| Cash and cash equivalents | $328 million | $348 million | -5.7% | 10-K 2026-02-27 · proof |
| Total debt | $11.3 billion | $7.6 billion | +47.8% | 10-K 2026-02-27 · proof |
- What was PLAINS ALL AMERICAN PIPELINE LP (PAA)'s revenue in fiscal 2025?
- PLAINS ALL AMERICAN PIPELINE LP (PAA) reported revenue of $44.3 billion for fiscal 2025 (the year ended Dec 31, 2025), against $48.9 billion the year before (-9.5%). Source: the 10-K filed with the SEC on Feb 27, 2026. SEC
- What was PLAINS ALL AMERICAN PIPELINE LP (PAA)'s gross profit in fiscal 2025?
- PLAINS ALL AMERICAN PIPELINE LP (PAA) reported gross profit of $3.8 billion for fiscal 2025 (the year ended Dec 31, 2025), against $3.7 billion the year before (+2.7%). Source: the 10-K filed with the SEC on Feb 27, 2026. SEC
- What was PLAINS ALL AMERICAN PIPELINE LP (PAA)'s operating income in fiscal 2025?
- PLAINS ALL AMERICAN PIPELINE LP (PAA) reported operating income of $1.4 billion for fiscal 2025 (the year ended Dec 31, 2025), against $868 million the year before (+65.2%). Source: the 10-K filed with the SEC on Feb 27, 2026. SEC
- What was PLAINS ALL AMERICAN PIPELINE LP (PAA)'s net income in fiscal 2025?
- PLAINS ALL AMERICAN PIPELINE LP (PAA) reported net income of $1.4 billion for fiscal 2025 (the year ended Dec 31, 2025), against $772 million the year before (+85.9%). Source: the 10-K filed with the SEC on Feb 27, 2026. SEC
- What was PLAINS ALL AMERICAN PIPELINE LP (PAA)'s cash from operating activities in fiscal 2025?
- PLAINS ALL AMERICAN PIPELINE LP (PAA) reported cash from operating activities of $2.9 billion for fiscal 2025 (the year ended Dec 31, 2025), against $2.5 billion the year before (+17.9%). Source: the 10-K filed with the SEC on Feb 27, 2026. SEC
- What was PLAINS ALL AMERICAN PIPELINE LP (PAA)'s free cash flow in fiscal 2025?
- PLAINS ALL AMERICAN PIPELINE LP (PAA) reported free cash flow of $2.3 billion for fiscal 2025 (the year ended Dec 31, 2025), against $2 billion the year before (+12.3%). Source: the 10-K filed with the SEC on Feb 27, 2026. SEC
- What are PLAINS ALL AMERICAN PIPELINE LP (PAA)'s total assets?
- As of Dec 31, 2025, PLAINS ALL AMERICAN PIPELINE LP (PAA) reported total assets of $30.2 billion, against $26.6 billion a year earlier (+13.6%). Source: the 10-K filed with the SEC on Feb 27, 2026. SEC
- What are PLAINS ALL AMERICAN PIPELINE LP (PAA)'s cash and cash equivalents?
- As of Dec 31, 2025, PLAINS ALL AMERICAN PIPELINE LP (PAA) reported cash and cash equivalents of $328 million, against $348 million a year earlier (-5.7%). Source: the 10-K filed with the SEC on Feb 27, 2026. SEC
- What is PLAINS ALL AMERICAN PIPELINE LP (PAA)'s total debt?
- As of Dec 31, 2025, PLAINS ALL AMERICAN PIPELINE LP (PAA) reported total debt of $11.3 billion, against $7.6 billion a year earlier (+47.8%). Source: the 10-K filed with the SEC on Feb 27, 2026. SEC
Read from the FinancialMD API on Nov 13, 2026. Values change only when a new filing is made; see the Financials tab for every period and as-of replay.
The same numbers for an agent, with proof on every value:
curl "https://api.financial.md/v1/company/financials/income_statement/standardized?company=ticker:PAA&period_type=annual&limit=5"Information only, not investment advice.