Stock AnalizPlains All American Pipeline LP PAA
Natural Gas Distribution · IPO 1998 · data as of November 13, 2026
Plains All American Pipeline LP (PAA) is a energy company listed in the US with a market value of about $17.3B. In the twelve months to September 30, 2026 it had revenue of $55.9B and net income of $2.7B, a net margin of 4.8%.
Its overall Stock Analiz score is 1.4 out of 5 (weak). The strongest part is value (2/5); the weakest is future growth (1/5).
Key numbers: a P/E of 40.7, a price to free cash flow of 7.6, 5-year revenue growth of 14% a year. A discounted cash flow model with moderate assumptions puts its intrinsic value about 140% above the current price.
Score: 1.4 / 5
Checks passed
- P/FCF below 20
- Price below intrinsic value (DCF, moderate assumptions)
- Profit margin improving
- 5-year revenue growth above 8% a year
- Profitable 5 years in a row
- Positive free cash flow
- Stock-based pay below 5% of revenue
Checks not passed
- P/E below 25
- P/E below the industry median
- PEG below 1.5
- Revenue growth above 10% last year
- 3-year revenue growth above 10% a year
- 3-year free cash flow growth above 10% a year
- Strong R&D investment or growth above 20%
- 5-year EPS growth above 10% a year
Valuation
Growth and quality
Financials, last 10 years
| Fiscal year | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $55.9B | $44.3B | $48.9B | $47.3B | $57.3B | $42.1B | $23.3B | $33.7B | $34.1B | $26.2B | $20.2B |
| Net income | $2.7B | $1.4B | $772M | $1.2B | $1.0B | $593M | -$2.6B | $2.2B | $2.2B | $856M | $726M |
| Free cash flow | $2.3B | $2.3B | $2.0B | $2.3B | $2.0B | $1.7B | $776M | $1.3B | $974M | $1.5B | -$601M |
| EPS (diluted) | $3.00 | $2.03 | — | — | — | — | — | — | — | — | — |
| Net margin | 4.8% | 3.2% | 1.6% | 2.6% | 1.8% | 1.4% | -11.1% | 6.5% | 6.5% | 3.3% | 3.6% |
| ROIC | — | — | — | — | — | — | — | — | — | — | — |
From the company’s 10-K and 10-Q filings with the SEC. TTM = trailing twelve months.
What analysts expect
The average 12-month price target from 17 analysts is $26.76, 10% above the current price; targets range from $20.00 to $31.00; the consensus rating is “Buy”; expected EPS is $1.58 for the fiscal year ending December 31, 2026.
Frequently asked questions
What is Plains All American Pipeline LP’s P/E ratio?
About 40.7, based on the last twelve months of diluted earnings per share (forward P/E about 12.7).
Is Plains All American Pipeline LP stock undervalued?
Our DCF model with moderate assumptions puts its intrinsic value about 140% above the current market value. A model is a range, not a promise; try your own assumptions in the DCF calculator.
Does Plains All American Pipeline LP pay a dividend?
Yes. The dividend yield is about 6.83%.
Is Plains All American Pipeline LP a good stock to buy?
We do not give buy or sell advice. Plains All American Pipeline LP scores 1.4 out of 5 on our five checks (value, growth, track record, financial health and shareholder returns); the checks above show why.
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Generated from SEC filings, analyst consensus estimates and market prices, rebuilt every day. Educational information, not investment advice.