Companies: 10,795·Total market cap: $144.5T
Plains All American Pipeline, L.P.

Plains All American Pipeline, L.P.

PAANASDAQEnergy● Active
$22.67
+$0.07(+0.29%)
Market Cap$16.0B
P/E Ratio—
52W High$24.26
52W Low$15.69
Net IncomeFinancialsRevenue

Plains All American Pipeline, L.P. (PAA) Net Income & Profit History

Annual & trailing net income, net margin, YoY change, and peer profitability context.

PAA · net income · updated Jun 8, 2026

Core profitability metrics

Net income was $1.44B for FY2025 (fiscal year ending 2025-12-31), up 85.9% year-over-year. Net profit margin was 3.2%. Based on available data, Plains All American Pipeline, L.P. has been profitable since at least 2011.

FY2025 Net Income$1.44B▲ +85.9% YoY
Trailing 12M (TTM)$1.15Btrailing 4 quarters sum
Net Profit Margin3.2%$1.44B ÷ $44.26B
YoY Change+85.9%—
5-Year CAGRN/AN/A — contains loss years
FormulaNet Margin = Net Income ÷ Revenue × 100TTM = trailing 4 quarters sumCAGR → N/A if either endpoint ≤ 0
Source: FMP /income-statement · US GAAP · USDUpdated: Jun 8, 2026

Annual net income history

Net IncomeNet LossNet Margin %★ First Profit: 2011

▸ FMP /income-statement · Annual · PAA net income history · PAA profit margin

Annual net income data

Fiscal YearNet IncomeYoY ChangeNet Margin
FY2025$1.44B▲ +85.9%3.2%
FY2024$772.0M▼ 37.2%1.5%
FY2023$1.23B▲ +18.6%2.5%
FY2022$1.04B▲ +74.9%1.8%
FY2021$593.0M▲ +122.9%1.4%

Net income vs peers (Energy)

#CompanyNet IncomeYoY
#1
Plains All American Pipeline, L.P.
Plains All American Pipeline, L.P.YOU
PAA
$1.44B+85.9%
#2
Exxon Mobil Corporation
Exxon Mobil Corporation
XOM
$28.84B-14.4%#3
Shell plc
Shell plc
SHEL
$17.84B+10.8%#4
TotalEnergies SE
TotalEnergies SE
TTE
$13.13B-16.7%#5
Chevron Corporation
Chevron Corporation
CVX
$12.30B-30.4%#6
Enbridge Inc.
Enbridge Inc.
ENB.TO
$7.49B+37.7%
Energy · Sorted by Net Income · FMP /income-statementFull Net Income Rankings →

About Net Income & Methodology

Plains All American Pipeline, L.P. (PAA) reported net income of $1.44B for FY2025 (fiscal year ending 2025-12-31), up 85.9% year-over-year. The net profit margin was 3.2% — meaning the company kept $0.03 of every dollar of revenue as profit.

Based on available data, Plains All American Pipeline, L.P. has been profitable since at least 2011. Net income reached a peak of $2.22B in FY2018. Data available for 15 fiscal years.

Plains All American Pipeline, L.P.'s net profit margin was 3.2% for FY2025, based on the latest annual results.

Investors sometimes search for "Plains All American Pipeline, L.P. net worth" — the company's market capitalization is a separate figure from PAA net income. Data sourced from FMP /income-statement · US GAAP · USD.

Figures tie to SEC 10-K/10-Q and FMP /income-statement where noted.
RevenueFinancial statementsEarningsForecastPrice historyMarket capFree cash flow

Frequently asked questions

PAA net income · 5 questions

Plains All American Pipeline, L.P. is profitable. The company reported net income of $1.44B for FY2025, a net profit margin of 3.2%. Net income was up 85.9% year-over-year. Based on available data, Plains All American Pipeline, L.P. has been profitable since at least 2011.

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▸ Source: FMP /income-statement · GAAP · Plains All American Pipeline, L.P. · Plains All American Pipeline, L.P. SEC 10-K & 10-Q filings · US GAAP · Last updated: Jun 8, 2026