To the full analysis
Plains All American Pipeline stock: growth
PAAPlains All American Pipeline reported $44.26B in revenue for fiscal 2025, down 11.6% on the prior year, up 13.7% a year on average over up to five years.
Daily figure as of 13 Nov 2026
Revenue (Annual rate)
3.6%
per year from 2006 to 2025, per share −4.1%
Earnings (Annual rate)
8.9%
per year from 2006 to 2025, per share 0.7%
Free cash flow (Annual rate)
no data
Growth per year by period
What reaches shareholders is growth per share: buybacks lift it, new shares dilute it.
| since 2020 | since 2015 | since 2006 | |
|---|---|---|---|
| Revenue | 13.7% | 6.7% | 3.6% |
| Revenue per share | 14.5% | 0.7% | −4.1% |
| Earnings | no data | 4.7% | 8.9% |
| Earnings per share | no data | 7.8% | 0.7% |
| Free cash flow | 24.2% | no data | no data |
| Free cash flow per share | 25.0% | no data | no data |
Fiscal years at a glance
How revenue and earnings grow
- Revenue
- Earnings
- Free cash flow
Figures as a table
| Year | Revenue | Earnings | Free cash flow |
|---|---|---|---|
| 2006 | $22.44B | $285.1M | −$616.3M |
| 2007 | $20.39B | $365M | $248M |
| 2008 | $30.06B | $437M | $268M |
| 2009 | $18.52B | $579M | −$104M |
| 2010 | $25.89B | $505M | −$192M |
| 2011 | $34.28B | $966M | $1.71B |
| 2012 | $37.8B | $1.09B | $36M |
| 2013 | $42.25B | $1.36B | $341M |
| 2014 | $43.46B | $1.38B | $72M |
| 2015 | $23.15B | $903M | −$735M |
| 2016 | $20.18B | $726M | −$608M |
| 2017 | $26.22B | $856M | $1.48B |
| 2018 | $34.06B | $2.22B | $974M |
| 2019 | $33.67B | $2.17B | $1.32B |
| 2020 | $23.29B | −$2.59B | $776M |
| 2021 | $42.08B | $593M | $1.66B |
| 2022 | $57.34B | $1.04B | $1.95B |
| 2023 | $48.71B | $1.23B | $2.17B |
| 2024 | $50.07B | $772M | $1.87B |
| 2025 | $44.26B | $1.44B | $2.29B |
Revenue by segment
How Plains All American Pipeline, L.P. makes its money and how that has shifted. Names are as the company reports them.
- Product96%
- Service4%
Figures as a table
| 2021 | 2022 | 2023 | 2024 | 2025 | Share 2025 | |
|---|---|---|---|---|---|---|
| Product | $40.88B | $55.95B | $46.97B | $48.25B | $42.5B | 96% |
| Service | $1.2B | $1.39B | $1.74B | $1.82B | $1.76B | 4% |
| Total revenue | $42.08B | $57.34B | $48.71B | $50.07B | $44.26B | 100% |
Revenue by region
Where Plains All American Pipeline, L.P. generates its revenue.
- United States90%
- Canada10%
Figures as a table
| 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Share 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| United States | $15.6B | $21.44B | $28.36B | $27.16B | $17.94B | $34.46B | $46.9B | $42.31B | $44.14B | $39.76B | 89.8% |
| Canada | $4.58B | $4.78B | $5.69B | $6.51B | $5.35B | $7.62B | $10.44B | $6.4B | $5.94B | $4.5B | 10.2% |
| Total revenue | $20.18B | $26.22B | $34.06B | $33.67B | $23.29B | $42.08B | $57.34B | $48.71B | $50.07B | $44.26B | 100% |
Data status and sources
- Score
- Daily value of 13 Nov 2026, recalculated nightly
- Price
- Closing price of 12 Nov 2026
- Latest annual report
- Fiscal year 2025, period end 31 Dec 2025
- Source
- Financial statements, ratios and prices from Financial Modeling Prep (FMP), based on the company's reports. MEQIRI calculates the score and fair value from them.
Mandatory disclosures for this rating
- ; time horizon around 12 months
- Rated Neutral, published since 7 Nov 2026 (in the score history since 31 Oct 2025)
- Valuation signal Undervalued since 7 Nov 2026
- End-of-day prices, metrics cached for up to 24 hours
- Score and fair value are estimates from a disclosed model. They are not facts and not a price target.
- Produced by SSM Ventures UG (haftungsbeschränkt), responsible person Sven Brostmeyer, Managing Director, automatically according to the disclosed model.
- Not investment advice. Losses up to and including a total loss are possible. Personal circumstances are not considered.