Plains All American Pipeline, L.P. revenue and financials
$24.06Change from previous close: +0.63%Absolute change: +$0.15
In the fiscal year ended December 2025, Plains All American Pipeline, L.P. reported revenue of $44.26B (−9.46% year over year). Net income was $1.44B, a net margin of 3.2%.
Fiscal year ending in December. Sources and method on the page Methodology and sources.
At a glance
- Revenue growth
- −9.46%
- 2025 vs 2024
- Net income growth
- +85.88%
- 2025 vs 2024
- Net margin
- 3.2%
- 2024: 1.6%
Financial data
Amounts in millions of USD; per-share values in USD; shares in millions.
| Item | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | 2,936 | 2,490 | 2,727 | 2,408 | 1,996 | 1,514 | 2,504 | 2,608 | 2,499 | 733 |
| Depreciation and amortization | 953 | 901 | 909 | 965 | 774 | 653 | 601 | 520 | 517 | 514 |
| Capital expenditure | -643 | -448 | -408 | -455 | -336 | -738 | -1,181 | -1,634 | -1,024 | -1,334 |
| Investing cash flow | -3,769 | -1,504 | -702 | -526 | 386 | — | — | — | — | — |
| Financing cash flow | 799 | -1,077 | -1,976 | -1,931 | -1,984 | — | — | — | — | — |
| Dividends paid | -1,295 | -1,145 | -989 | -782 | -715 | — | — | — | — | — |
| Share repurchases | -8.0 | 0.0 | 0.0 | -74.0 | -178 | -50.0 | 0.0 | 0.0 | — | — |
| Debt issued | 5,005 | 1,279 | 433 | 0.0 | — | — | — | — | — | — |
| Debt repaid | -2,114 | -790 | -1,100 | -750 | -912 | — | — | — | — | — |
| Effect of exchange rates | 14.0 | -11.0 | 0.0 | -3.0 | -5.0 | — | — | — | — | — |
| Net change in cash | -20.0 | -102 | 49.0 | -52.0 | 393 | — | — | — | — | — |
| Free cash flow | 2,293 | 2,042 | 2,319 | 1,953 | 1,660 | — | — | — | — | — |
| Levered free cash flow | 758 | 1,075 | 1,295 | 1,410 | 1,052 | — | — | — | — | — |