19.24 USD
-0.45 (-2.29%)
At close: Jan 30, 2026
19.25 USD
+0.01 (+0.05%)
After Hours: 1/30/2026, 8:12:04 PM
Taking everything into account, PAA scores 3 out of 10 in our fundamental rating. PAA was compared to 207 industry peers in the Oil, Gas & Consumable Fuels industry. Both the profitability and financial health of PAA have multiple concerns. 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
- PAA had positive earnings in the past year.
- In the past year PAA had a positive cash flow from operations.
- Of the past 5 years PAA 4 years were profitable.
- PAA had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
- PAA has a Return On Assets (3.04%) which is comparable to the rest of the industry.
- PAA has a Return On Equity (8.75%) which is comparable to the rest of the industry.
- Looking at the Return On Invested Capital, with a value of 5.68%, PAA is in line with its industry, outperforming 51.21% of the companies in the same industry.
- Measured over the past 3 years, the Average Return On Invested Capital for PAA is significantly below the industry average of 21.94%.
| 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
- PAA has a Profit Margin of 1.83%. This is in the lower half of the industry: PAA underperforms 60.39% of its industry peers.
- In the last couple of years the Profit Margin of PAA has declined.
- PAA has a Operating Margin of 3.09%. This is in the lower half of the industry: PAA underperforms 68.12% of its industry peers.
- PAA's Operating Margin has declined in the last couple of years.
- PAA's Gross Margin of 5.97% is on the low side compared to the rest of the industry. PAA is outperformed by 74.88% 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
- The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so PAA is destroying value.
- The number of shares outstanding for PAA has been increased compared to 1 year ago.
- The number of shares outstanding for PAA has been reduced compared to 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.
- With a decent Debt to FCF ratio value of 4.30, PAA is doing good in the industry, outperforming 67.15% of the companies in the same industry.
- A Debt/Equity ratio of 0.86 indicates that PAA is somewhat dependend on debt financing.
- With a Debt to Equity ratio value of 0.86, PAA is not doing good in the industry: 67.15% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.86 | ||
| Debt/FCF | 4.3 | ||
| Altman-Z | N/A |
ROIC/WACC0.67
WACC8.5%
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 of 1.04. This is comparable to the rest of the industry: PAA outperforms 44.93% of its industry peers.
- A Quick Ratio of 1.01 indicates that PAA should not have too much problems paying its short term obligations.
- With a Quick ratio value of 1.01, PAA perfoms like the industry average, outperforming 51.69% of the companies in the same 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%.
- PAA shows a very negative growth in Earnings Per Share. Measured over the last years, the EPS has been decreasing by -10.57% yearly.
- 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 2Y0.63%
EPS Next 3Y1.79%
EPS Next 5Y5.13%
Revenue Next Year-10.94%
Revenue Next 2Y-4.09%
Revenue Next 3Y-2.18%
Revenue Next 5Y-3.37%
3.3 Evolution
- The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
- 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
- A Price/Earnings ratio of 12.33 indicates a correct valuation of PAA.
- Compared to the rest of the industry, the Price/Earnings ratio of PAA indicates a somewhat cheap valuation: PAA is cheaper than 72.46% of the companies listed in the same industry.
- When comparing the Price/Earnings ratio of PAA to the average of the S&P500 Index (28.32), we can say PAA is valued rather cheaply.
- PAA is valuated correctly with a Price/Forward Earnings ratio of 12.58.
- Compared to the rest of the industry, the Price/Forward Earnings ratio of PAA indicates a somewhat cheap valuation: PAA is cheaper than 67.63% of the companies listed in the same industry.
- When comparing the Price/Forward Earnings ratio of PAA to the average of the S&P500 Index (25.57), we can say PAA is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 12.33 | ||
| Fwd PE | 12.58 |
4.2 Price Multiples
- PAA's Enterprise Value to EBITDA ratio is a bit cheaper when compared to the industry. PAA is cheaper than 63.77% of the companies in the same industry.
- Compared to the rest of the industry, the Price/Free Cash Flow ratio of PAA indicates a rather cheap valuation: PAA is cheaper than 91.79% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 6.17 | ||
| EV/EBITDA | 7.29 |
4.3 Compensation for Growth
- The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates PAA does not grow enough to justify the current Price/Earnings ratio.
PEG (NY)3.01
PEG (5Y)N/A
EPS Next 2Y0.63%
EPS Next 3Y1.79%
5. Dividend
5.1 Amount
- With a Yearly Dividend Yield of 8.48%, PAA is a good candidate for dividend investing.
- PAA's Dividend Yield is rather good when compared to the industry average which is at 3.64. PAA pays more dividend than 87.44% of the companies in the same industry.
- Compared to an average S&P500 Dividend Yield of 1.83, PAA pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 8.48% |
5.2 History
- The dividend of PAA decreases each year by -0.28%.
- PAA has paid a dividend for at least 10 years, which is 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 2Y0.63%
EPS Next 3Y1.79%
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 12.33 and the Price/Book (PB) ratio is 1.39.
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.