Plains All American Pipeline Lp Gross Margin Growth & History (PAA)
Plains All American Pipeline Lp's gross margin was 8.65% for fiscal 2025.
View full Plains All American Pipeline Lp company overviewPlains All American Pipeline Lp annual gross margin history
| Fiscal year | Period ended | Gross margin | Change (percentage points) |
|---|---|---|---|
| 2025 | 2025-12-31 | 8.65% | +1.03 pp |
| 2024 | 2024-12-31 | 7.62% | +0.44 pp |
| 2023 | 2023-12-31 | 7.18% | −0.08 pp |
| 2022 | 2022-12-31 | 7.27% | −1.23 pp |
| 2021 | 2021-12-31 | 8.49% | −3.78 pp |
| 2020 | 2020-12-31 | 12.28% | −0.25 pp |
| 2019 | 2019-12-31 | 12.52% | +0.01 pp |
| 2018 | 2018-12-31 | 12.52% | +0.17 pp |
| 2017 | 2017-12-31 | 12.35% | −2.26 pp |
| 2016 | 2016-12-31 | 14.61% | −0.19 pp |
| 2015 | 2015-12-31 | 14.80% | +9.53 pp |
| 2014 | 2014-12-31 | 5.27% | +0.14 pp |
| 2013 | 2013-12-31 | 5.13% | −0.02 pp |
| 2012 | 2012-12-31 | 5.15% | +0.59 pp |
| 2011 | 2011-12-31 | 4.55% | +0.59 pp |
| 2010 | 2010-12-31 | 3.96% | −1.60 pp |
| 2009 | 2009-12-31 | 5.56% | — |
Plains All American Pipeline Lp quarterly gross margin
| Fiscal quarter | Period ended | Gross margin | Change (percentage points) |
|---|---|---|---|
| Q2 2026 | 2026-06-30 | 6.43% | −1.88 pp |
| Q1 2026 | 2026-03-31 | 7.83% | −0.53 pp |
| Q4 2025 | 2025-12-31 | 9.39% | −0.33 pp |
| Q3 2025 | 2025-09-30 | 8.58% | +1.22 pp |
| Q2 2025 | 2025-06-30 | 8.31% | +1.10 pp |
| Q1 2025 | 2025-03-31 | 8.36% | +2.16 pp |
| Q4 2024 | 2024-12-31 | 9.72% | +6.56 pp |
| Q3 2024 | 2024-09-30 | 7.35% | −0.64 pp |
| Q2 2024 | 2024-06-30 | 7.20% | −1.92 pp |
| Q1 2024 | 2024-03-31 | 6.20% | −2.05 pp |
| Q4 2023 | 2023-12-31 | 3.16% | −4.23 pp |
| Q3 2023 | 2023-09-30 | 7.99% | −0.83 pp |
| Q2 2023 | 2023-06-30 | 9.12% | +2.79 pp |
| Q1 2023 | 2023-03-31 | 8.25% | +1.61 pp |
| Q4 2022 | 2022-12-31 | 7.39% | −2.07 pp |
| Q3 2022 | 2022-09-30 | 8.82% | +2.31 pp |
| Q2 2022 | 2022-06-30 | 6.33% | −0.25 pp |
| Q1 2022 | 2022-03-31 | 6.64% | −5.18 pp |
| Q4 2021 | 2021-12-31 | 9.45% | +0.55 pp |
| Q3 2021 | 2021-09-30 | 6.51% | −5.93 pp |
| Q2 2021 | 2021-06-30 | 6.58% | −15.13 pp |
| Q1 2021 | 2021-03-31 | 11.82% | +0.91 pp |
| Q4 2020 | 2020-12-31 | 8.90% | −1.16 pp |
| Q3 2020 | 2020-09-30 | 12.45% | −0.63 pp |
| Q2 2020 | 2020-06-30 | 21.71% | +9.48 pp |
| Q1 2020 | 2020-03-31 | 10.91% | −4.09 pp |
| Q4 2019 | 2019-12-31 | 10.06% | −10.77 pp |
| Q3 2019 | 2019-09-30 | 13.07% | +1.43 pp |
| Q2 2019 | 2019-06-30 | 12.23% | +5.68 pp |
| Q1 2019 | 2019-03-31 | 15.00% | +4.53 pp |
| Q4 2018 | 2018-12-31 | 20.83% | +9.52 pp |
| Q3 2018 | 2018-09-30 | 11.65% | +2.35 pp |
| Q2 2018 | 2018-06-30 | 6.55% | −5.92 pp |
| Q1 2018 | 2018-03-31 | 10.47% | −5.64 pp |
| Q4 2017 | 2017-12-31 | 11.31% | −0.77 pp |
| Q3 2017 | 2017-09-30 | 9.30% | −5.04 pp |
| Q2 2017 | 2017-06-30 | 12.47% | −2.20 pp |
| Q1 2017 | 2017-03-31 | 16.11% | −2.45 pp |
| Q4 2016 | 2016-12-31 | 12.08% | −29.05 pp |
| Q3 2016 | 2016-09-30 | 14.33% | +5.56 pp |
| Q2 2016 | 2016-06-30 | 14.67% | +9.10 pp |
| Q1 2016 | 2016-03-31 | 18.56% | +9.93 pp |
| Q4 2015 | 2015-12-31 | 41.13% | +34.11 pp |
| Q3 2015 | 2015-09-30 | 8.77% | +4.01 pp |
| Q2 2015 | 2015-06-30 | 5.57% | +1.21 pp |
| Q1 2015 | 2015-03-31 | 8.63% | +3.42 pp |
| Q4 2014 | 2014-12-31 | 7.02% | +2.07 pp |
| Q3 2014 | 2014-09-30 | 4.76% | +0.95 pp |
| Q2 2014 | 2014-06-30 | 4.36% | −0.35 pp |
| Q1 2014 | 2014-03-31 | 5.21% | −1.83 pp |
| Q4 2013 | 2013-12-31 | 4.95% | −0.79 pp |
| Q3 2013 | 2013-09-30 | 3.81% | −1.17 pp |
| Q2 2013 | 2013-06-30 | 4.71% | −0.98 pp |
| Q1 2013 | 2013-03-31 | 7.04% | +2.92 pp |
| Q4 2012 | 2012-12-31 | 5.74% | +1.00 pp |
| Q3 2012 | 2012-09-30 | 4.98% | +0.16 pp |
| Q2 2012 | 2012-06-30 | 5.69% | +1.57 pp |
| Q1 2012 | 2012-03-31 | 4.12% | −0.40 pp |
| Q4 2011 | 2011-12-31 | 4.74% | +0.59 pp |
| Q3 2011 | 2011-09-30 | 4.82% | +1.52 pp |
| Q2 2011 | 2011-06-30 | 4.12% | +0.07 pp |
| Q1 2011 | 2011-03-31 | 4.52% | +0.07 pp |
| Q4 2010 | 2010-12-31 | 4.15% | +0.35 pp |
| Q3 2010 | 2010-09-30 | 3.31% | −1.18 pp |
| Q2 2010 | 2010-06-30 | 4.05% | −1.49 pp |
| Q1 2010 | 2010-03-31 | 4.46% | −4.69 pp |
| Q4 2009 | 2009-12-31 | 3.80% | — |
| Q3 2009 | 2009-09-30 | 4.49% | — |
| Q2 2009 | 2009-06-30 | 5.53% | — |
| Q1 2009 | 2009-03-31 | 9.15% | — |
Plains All American Pipeline Lp gross margin trends
Over the last five fiscal years, Plains All American Pipeline Lp's gross margin decreased from 12.28% to 8.65%, a change of −3.62 percentage points. The latest reported quarter, Q2 2026, shows 6.43%.
What gross margin means
Gross margin measures the percentage of revenue remaining after the direct costs of producing goods or services. It helps show how efficiently a company turns sales into gross profit before operating expenses.
How gross margin is calculated
TickerStat calculates gross margin as SEC-reported gross profit divided by SEC-reported revenue for the same fiscal period. Changes are shown in percentage points. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review Plains All American Pipeline Lp source filings ↗Community posts
Plains agrees to buy Powder River Basin assets for $585 million
Plains ($PAA) agreed to acquire Silver Creek’s Powder River Basin crude-oil infrastructure for $585 million in cash. The package includes approximately 600 miles of pipelines, 1.2 million barrels of storage and a 49% non-operated interest i ...