PLAINS ALL AMERICAN PIPELINE LP
Company Stats
- Market Cap
- $16.7B
- as of Sep 30, 2026
- Enterprise Value
- $27.7B
- Shares Outstanding
- 705.6M
- Free Float
- 48.1%
Income Statement
- Revenue
- $44.3B
- Operating Income
- $1.4B
- Net Income
- $1.4B
- EBITDA
- $2.4B
- Revenue Growth, 3Y
- -8.3%
- FCF Margin, 3Y Avg
- 4.8%
- FCF Margin, Worst Year
- 4.2%
Cash Flow
- Free Cash Flow
- $2.3B
- FCF Yield
- 13.7%
- Owner FCF Yield
- 13.4%
Balance Sheet
- Cash & Equivalents
- $328.0M
- Total Debt
- $11.3B
- Net Debt
- $10.9B
- Net Debt / EBITDA
- 4.58x
- EV / EBITDA
- 11.59x
- Net Debt / EBIT
- 7.62x
Returns & Capital
- Share Repurchases
- $8.0M
- Buyback Yield, 3Y Avg
- 0.0%
- SBC, 3Y Avg
- $49.7M
Cash Flow by Year
| Year | Revenue | FCF | Margin |
|---|---|---|---|
| FY2025 | $44.3B | $2.3B | 5.2% |
| FY2024 | $48.9B | $2.0B | 4.2% |
| FY2023 | $47.3B | $2.3B | 4.9% |
| FY2022 | $57.3B | $2.0B | 3.4% |
| FY2021 | $42.1B | $1.7B | 3.9% |
Annual filing data through FY ended December 31, 2025; shares and float as of October 9, 2026. Yields and enterprise value use the calculated market cap above, at its as-of date. Ratios are our calculations from reported figures.
Stronger demand supports expansion as pricing diverges