19 USD
+0.22 (+1.17%)
19.07 USD
+0.07 (+0.37%)
Taking everything into account, PAA scores 3 out of 10 in our fundamental rating. PAA was compared to 208 industry peers in the Oil, Gas & Consumable Fuels industry. PAA may be in some trouble as it scores bad on both profitability and health. PAA has a valuation in line with the averages, but on the other hand it scores bad on growth.
1. Profitability
1.1 Basic Checks
- In the past year PAA was profitable.
- In the past year PAA had a positive cash flow from operations.
- Of the past 5 years PAA 4 years were profitable.
- In the past 5 years PAA always reported a positive cash flow from operatings.
1.2 Ratios
- PAA's Return On Assets of 3.04% is in line compared to the rest of the industry. PAA outperforms 49.52% of its industry peers.
- With a Return On Equity value of 8.75%, PAA perfoms like the industry average, outperforming 57.69% of the companies in the same industry.
- The Return On Invested Capital of PAA (5.68%) is comparable to the rest of the industry.
- The Average Return On Invested Capital over the past 3 years for PAA is significantly below the industry average of 21.83%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.04% | ||
| ROE | 8.75% | ||
| ROIC | 5.68% |
ROA(3y)2.83%
ROA(5y)-0.31%
ROE(3y)7.62%
ROE(5y)-0.46%
ROIC(3y)5.79%
ROIC(5y)5.39%
1.3 Margins
- The Profit Margin of PAA (1.83%) is worse than 60.58% of its industry peers.
- In the last couple of years the Profit Margin of PAA has declined.
- With a Operating Margin value of 3.09%, PAA is not doing good in the industry: 68.27% of the companies in the same industry are doing better.
- In the last couple of years the Operating Margin of PAA has declined.
- The Gross Margin of PAA (5.97%) is worse than 74.52% of its industry peers.
- PAA's Gross Margin has declined in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 3.09% | ||
| PM (TTM) | 1.83% | ||
| GM | 5.97% |
OM growth 3Y-7.98%
OM growth 5Y-14.9%
PM growth 3Y3.2%
PM growth 5Y-29.38%
GM growth 3Y-2.76%
GM growth 5Y-8.73%
2. Health
2.1 Basic Checks
- PAA has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
- PAA has more shares outstanding than it did 1 year ago.
- PAA has less shares outstanding than it did 5 years ago.
- PAA has a worse debt/assets ratio than last year.
2.2 Solvency
- The Debt to FCF ratio of PAA is 4.30, which is a neutral value as it means it would take PAA, 4.30 years of fcf income to pay off all of its debts.
- The Debt to FCF ratio of PAA (4.30) is better than 67.31% of its industry peers.
- PAA has a Debt/Equity ratio of 0.86. This is a neutral value indicating PAA is somewhat dependend on debt financing.
- Looking at the Debt to Equity ratio, with a value of 0.86, PAA is doing worse than 66.35% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.86 | ||
| Debt/FCF | 4.3 | ||
| Altman-Z | N/A |
ROIC/WACC0.7
WACC8.16%
2.3 Liquidity
- PAA has a Current Ratio of 1.04. This is a normal value and indicates that PAA is financially healthy and should not expect problems in meeting its short term obligations.
- PAA has a Current ratio (1.04) which is in line with its industry peers.
- A Quick Ratio of 1.01 indicates that PAA should not have too much problems paying its short term obligations.
- The Quick ratio of PAA (1.01) is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.04 | ||
| Quick Ratio | 1.01 |
3. Growth
3.1 Past
- PAA shows a small growth in Earnings Per Share. In the last year, the EPS has grown by 3.31%.
- Measured over the past years, PAA shows a very negative growth in Earnings Per Share. The EPS has been decreasing by -10.57% on average per year.
- The Revenue has decreased by -7.42% in the past year.
- PAA shows quite a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 8.26% yearly.
EPS 1Y (TTM)3.31%
EPS 3Y7.66%
EPS 5Y-10.57%
EPS Q2Q%5.41%
Revenue 1Y (TTM)-7.42%
Revenue growth 3Y5.97%
Revenue growth 5Y8.26%
Sales Q2Q%-9.14%
3.2 Future
- PAA is expected to show a small growth in Earnings Per Share. In the coming years, the EPS will grow by 5.13% yearly.
- The Revenue is expected to decrease by -3.37% on average over the next years.
EPS Next Y4.09%
EPS Next 2Y0.54%
EPS Next 3Y1.79%
EPS Next 5Y5.13%
Revenue Next Year-10.58%
Revenue Next 2Y-4.01%
Revenue Next 3Y-2.08%
Revenue Next 5Y-3.37%
3.3 Evolution
- When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
- The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
- Based on the Price/Earnings ratio of 12.18, the valuation of PAA can be described as correct.
- Compared to the rest of the industry, the Price/Earnings ratio of PAA indicates a somewhat cheap valuation: PAA is cheaper than 70.19% of the companies listed in the same industry.
- Compared to an average S&P500 Price/Earnings ratio of 27.30, PAA is valued rather cheaply.
- A Price/Forward Earnings ratio of 12.45 indicates a correct valuation of PAA.
- Based on the Price/Forward Earnings ratio, PAA is valued a bit cheaper than the industry average as 62.98% of the companies are valued more expensively.
- When comparing the Price/Forward Earnings ratio of PAA to the average of the S&P500 Index (24.04), we can say PAA is valued slightly cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 12.18 | ||
| Fwd PE | 12.45 |
4.2 Price Multiples
- Based on the Enterprise Value to EBITDA ratio, PAA is valued a bit cheaper than the industry average as 62.98% of the companies are valued more expensively.
- Based on the Price/Free Cash Flow ratio, PAA is valued cheaply inside the industry as 91.35% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 6.1 | ||
| EV/EBITDA | 7.22 |
4.3 Compensation for Growth
- The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates an expensive valuation of the company.
PEG (NY)2.98
PEG (5Y)N/A
EPS Next 2Y0.54%
EPS Next 3Y1.79%
5. Dividend
5.1 Amount
- With a Yearly Dividend Yield of 9.08%, PAA is a good candidate for dividend investing.
- Compared to an average industry Dividend Yield of 3.91, PAA pays a better dividend. On top of this PAA pays more dividend than 87.50% of the companies listed in the same industry.
- PAA's Dividend Yield is rather good when compared to the S&P500 average which is at 1.92.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 9.08% |
5.2 History
- The dividend of PAA decreases each year by -0.28%.
- PAA has been paying a dividend for at least 10 years, so it has a reliable track record.
- PAA has not decreased its dividend in the last 3 years.
Dividend Growth(5Y)-0.28%
Div Incr Years3
Div Non Decr Years3
5.3 Sustainability
- 147.54% of the earnings are spent on dividend by PAA. This is not a sustainable payout ratio.
DP147.54%
EPS Next 2Y0.54%
EPS Next 3Y1.79%
19
+0.22 (+1.17%)
Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryOil, Gas & Consumable Fuels
Earnings (Last)11-05 2025-11-05/bmo
Earnings (Next)02-05 2026-02-05/amc
Inst Owners38.9%
Inst Owner Change0.05%
Ins Owners0.83%
Ins Owner Change9.35%
Market Cap13.40B
Revenue(TTM)46.63B
Net Income(TTM)854.00M
Analysts70.43
Price Target20.73 (9.11%)
Short Float %2.74%
Short Ratio4.52
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 9.08% |
Yearly Dividend1.63
Dividend Growth(5Y)-0.28%
DP147.54%
Div Incr Years3
Div Non Decr Years3
Ex-DateN/A
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)13.92%
Min EPS beat(2)5.73%
Max EPS beat(2)22.11%
EPS beat(4)3
Avg EPS beat(4)5.03%
Min EPS beat(4)-10.05%
Max EPS beat(4)22.11%
EPS beat(8)6
Avg EPS beat(8)6.91%
EPS beat(12)9
Avg EPS beat(12)8.41%
EPS beat(16)11
Avg EPS beat(16)10.08%
Revenue beat(2)0
Avg Revenue beat(2)-14.4%
Min Revenue beat(2)-21.26%
Max Revenue beat(2)-7.54%
Revenue beat(4)0
Avg Revenue beat(4)-13.87%
Min Revenue beat(4)-21.26%
Max Revenue beat(4)-7.54%
Revenue beat(8)0
Avg Revenue beat(8)-9.98%
Revenue beat(12)0
Avg Revenue beat(12)-12.52%
Revenue beat(16)3
Avg Revenue beat(16)-6.02%
PT rev (1m)0%
PT rev (3m)-2.69%
EPS NQ rev (1m)0%
EPS NQ rev (3m)7.73%
EPS NY rev (1m)2.98%
EPS NY rev (3m)7.52%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-0.03%
Revenue NY rev (1m)-0.87%
Revenue NY rev (3m)1.16%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 12.18 | ||
| Fwd PE | 12.45 | ||
| P/S | 0.29 | ||
| P/FCF | 6.1 | ||
| P/OCF | 4.66 | ||
| P/B | 1.37 | ||
| P/tB | 1.64 | ||
| EV/EBITDA | 7.22 |
EPS(TTM)1.56
EY8.21%
EPS(NY)1.53
Fwd EY8.03%
FCF(TTM)3.12
FCFY16.4%
OCF(TTM)4.08
OCFY21.46%
SpS66.1
BVpS13.84
TBVpS11.61
PEG (NY)2.98
PEG (5Y)N/A
Graham Number22.04
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.04% | ||
| ROE | 8.75% | ||
| ROCE | 6.33% | ||
| ROIC | 5.68% | ||
| ROICexc | 7.53% | ||
| ROICexgc | 8.29% | ||
| OM | 3.09% | ||
| PM (TTM) | 1.83% | ||
| GM | 5.97% | ||
| FCFM | 4.72% |
ROA(3y)2.83%
ROA(5y)-0.31%
ROE(3y)7.62%
ROE(5y)-0.46%
ROIC(3y)5.79%
ROIC(5y)5.39%
ROICexc(3y)5.86%
ROICexc(5y)5.46%
ROICexgc(3y)6.43%
ROICexgc(5y)5.95%
ROCE(3y)6.45%
ROCE(5y)6.01%
ROICexgc growth 3Y-1.86%
ROICexgc growth 5Y-7.15%
ROICexc growth 3Y-1.48%
ROICexc growth 5Y-5.92%
OM growth 3Y-7.98%
OM growth 5Y-14.9%
PM growth 3Y3.2%
PM growth 5Y-29.38%
GM growth 3Y-2.76%
GM growth 5Y-8.73%
F-Score6
Asset Turnover1.66
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.86 | ||
| Debt/FCF | 4.3 | ||
| Debt/EBITDA | 3.53 | ||
| Cap/Depr | 71.14% | ||
| Cap/Sales | 1.45% | ||
| Interest Coverage | 2.91 | ||
| Cash Conversion | 120.23% | ||
| Profit Quality | 257.49% | ||
| Current Ratio | 1.04 | ||
| Quick Ratio | 1.01 | ||
| Altman-Z | N/A |
F-Score6
WACC8.16%
ROIC/WACC0.7
Cap/Depr(3y)57.92%
Cap/Depr(5y)66.47%
Cap/Sales(3y)1.14%
Cap/Sales(5y)1.49%
Profit Quality(3y)268.2%
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)3.31%
EPS 3Y7.66%
EPS 5Y-10.57%
EPS Q2Q%5.41%
EPS Next Y4.09%
EPS Next 2Y0.54%
EPS Next 3Y1.79%
EPS Next 5Y5.13%
Revenue 1Y (TTM)-7.42%
Revenue growth 3Y5.97%
Revenue growth 5Y8.26%
Sales Q2Q%-9.14%
Revenue Next Year-10.58%
Revenue Next 2Y-4.01%
Revenue Next 3Y-2.08%
Revenue Next 5Y-3.37%
EBIT growth 1Y-4.64%
EBIT growth 3Y-2.49%
EBIT growth 5Y-7.87%
EBIT Next Year69.95%
EBIT Next 3Y16.61%
EBIT Next 5Y10.85%
FCF growth 1Y49.69%
FCF growth 3Y3.68%
FCF growth 5Y8.17%
OCF growth 1Y40.34%
OCF growth 3Y7.65%
OCF growth 5Y-0.11%
PLAINS ALL AMER PIPELINE LP / PAA FAQ
What is the fundamental rating for PAA stock?
ChartMill assigns a fundamental rating of 3 / 10 to PAA.
What is the valuation status for PAA stock?
ChartMill assigns a valuation rating of 5 / 10 to PLAINS ALL AMER PIPELINE LP (PAA). This can be considered as Fairly Valued.
Can you provide the profitability details for PLAINS ALL AMER PIPELINE LP?
PLAINS ALL AMER PIPELINE LP (PAA) has a profitability rating of 3 / 10.
What is the valuation of PLAINS ALL AMER PIPELINE LP based on its PE and PB ratios?
The Price/Earnings (PE) ratio for PLAINS ALL AMER PIPELINE LP (PAA) is 12.18 and the Price/Book (PB) ratio is 1.37.
What is the financial health of PLAINS ALL AMER PIPELINE LP (PAA) stock?
The financial health rating of PLAINS ALL AMER PIPELINE LP (PAA) is 3 / 10.