PAA
Plains All American Pipeline margins
- Stocks
- Energy
- NASDAQ: PAA
- Margins
Currently, Plains All American Pipeline has a gross margin of 5.5%, an operating margin of 3.1%, an EBITDA margin of 8.5%, and a net margin of 5.3%. Each available margin improved from the same period last year. EBITDA margin recorded the strongest gain, increasing by 3.5 percentage points.
PAA margin history
Plains All American Pipeline's margins averaged 5.07% gross, 2.45% operating, 5.59% EBITDA, and 2.56% net during the last 3 years. Currently all four current margins are above their three-year averages.
PAA margin expansion
Gross margin expanded by 0.7 percentage points, operating margin by 1.4 percentage points, EBITDA margin by 3.5 percentage points, and net margin by 3.3 percentage points, led by EBITDA margin with an increase of 3.5 percentage points.
PAA Gross margin
Over the last 3 years, Plains All American Pipeline recorded an average gross margin of 5.07%. The latest gross margin for Plains All American Pipeline is 5.5%, 0.4 percentage points above its three-year average. The highest gross margin for Plains All American Pipeline was 6% in Dec 2025, while the lowest was 4.5% in Sep 2024.
PAA Operating margin
Across the last 3 years, Plains All American Pipeline's operating margin averaged 2.45%. The current operating margin stands at 3.1%, 0.7 percentage points above its three-year average. Operating margin was highest at 3.3% in Mar 2026 and lowest at 1.7% in Jun 2025.
PAA EBITDA margin
Plains All American Pipeline recorded an average EBITDA margin of 5.59% across the last 3 years. Plains All American Pipeline currently reports an EBITDA margin of 8.5%, 2.9 percentage points above its three-year average. Over the last 3 years, Plains All American Pipeline's EBITDA margin peaked at 8.5% in Jun 2026 and reached a low of 4.5% in Dec 2024.
PAA Net margin
Looking back over the last 3 years, Plains All American Pipeline recorded an average net margin of 2.56%. Plains All American Pipeline's current net margin is 5.3% and is 2.7 percentage points above its three-year average. The highest net margin for Plains All American Pipeline was 5.3% in Jun 2026, while the lowest was 1.6% in Dec 2024.
PAA margin group comparison
Plains All American Pipeline's gross margin of 5.5% is below the Energy sector, the industry and its peers average. Compared to its Energy sector average of 42.7%, Plains All American Pipeline's gross margin is 87% lower.
PAA margin peer comparison
Frequently asked questions
What is Plains All American Pipeline's gross margin?
As of Jun 30, 2026, PAA has a gross margin of 5.5%.
What is Plains All American Pipeline's operating margin?
As of Jun 30, 2026, PAA has an operating margin of 3.1%.
What is Plains All American Pipeline's EBITDA margin?
For the period ending Jun 30, 2026, PAA recorded an EBITDA margin of 8.5%.
What is Plains All American Pipeline's net margin?
The current net margin for PAA is 5.3% as of Jun 30, 2026.
What are the average margins of PAA?
Plains All American Pipeline's average margins over the last 3 years were 5.1% gross, 2.5% operating, 5.6% EBITDA, and 2.6% net.
What are the highest historical margins of PAA?
Over this 5-year history, PAA peaked at 6% gross in Dec 2025, 3.4% operating in Sep 2022, 8.5% EBITDA in Jun 2026, and 5.3% net in Jun 2026.
What are the lowest historical margins of PAA?
Over this 5-year history, Plains All American Pipeline's margins fell as low as 4.5% gross in Sep 2024, 1.3% operating in Mar 2022, 3.5% EBITDA in Mar 2022, and 0.8% net in Mar 2022.