What is the current annual gross margin of PAA?

As of today, PAA annual gross margin is 3.89%

What is 1-year change in PAA annual gross margin?

PAA annual gross margin is down -0.77% year-over-year

What is 3-year change in PAA annual gross margin?

PAA annual gross margin is up +39.93% over the past 3 years

How far is PAA annual gross margin from its all-time high?

PAA annual gross margin is currently -50.45% below its historical high of 7.85% set on December 31, 2016

How does PAA annual gross margin rank versus sector peers?

PAA annual gross margin is higher than 12.70% of companies in Energy sector

When is PAA next annual earnings release?

As of today, the next annual earnings release for PAA has not been scheduled

What is the current quarterly gross margin of PAA?

As of today, PAA quarterly gross margin is 3.20%

What is PAA quarterly gross margin most recent change?

PAA quarterly gross margin was up +14.70% on June 30, 2026

What is 1-year change in PAA quarterly gross margin?

PAA quarterly gross margin is down -16.23% year-over-year

How far is PAA quarterly gross margin from its all-time high?

PAA quarterly gross margin is currently -76.73% below its historical high of 13.75% set on March 31, 2009

How does PAA quarterly gross margin rank versus sector peers?

PAA quarterly gross margin is higher than 8.51% of companies in Energy sector

When is PAA next earnings release?

The next earnings release for PAA is on November 4, 2026

PAA Gross Margin History & Chart Since 1997

Annual Gross Margin

3.89%0.03%-0.77%

December 31, 2025

Summary

Current Value: As of today, PAA annual gross margin is 3.89%, down -0.77% on December 31, 2025
Historical Performance: PAA annual gross margin is up +39.93% over the past 3 years, down -35.60% over the past 5 years
All-Time High Comparison: PAA annual gross margin is currently -50.45% below its historical high of 7.85% set on December 31, 2016
3-Year Low Comparison: PAA annual gross margin is +39.93% above its 3-year low of 2.78% reached on an earlier date
Sector Comparison: PAA annual gross margin is higher than 12.70% of companies in Energy sector

Gross Margin Chart

beforeafter

Performance

PAA Performance
Metric	Date	Value	1Y	3Y	5Y	15Y
Annual Gross Margin	Dec 31, 25	3.89%	-0.8%	+39.9%	-35.6%	-2.0%
Quarterly Gross Margin	Jun 30, 26	3.20%	-16.2%	+7.7%	-30.7%	-23.6%
Price	Aug 19, 26	$23.99	+36.7%	+56.7%	+161.6%	-17.7%
PE Ratio	Aug 19, 26	6.64	-65.8%	-29.7%	-88.4%	-66.0%
Annual Revenue	Dec 31, 25	$44.28B	-9.5%	-22.4%	+87.7%	+71.0%
Annual Gross Profit	Dec 31, 25	$1.72B	-12.8%	+8.4%	+20.8%	+67.5%
Annual Operating Margin	Dec 31, 25	3.12%	-1.6%	+41.2%	-36.3%	+5.0%
Annual Net Margin	Dec 31, 25	3.12%	+41.8%	+45.8%	+128.5%	+60.0%

Gross Margin Highs

PAA Annual Gross Margin Highs Comparison
Period	High	Date	Current
3Y	3.92%	Dec 31, 24	-0.8%
5Y	6.04%	N/A	-35.6%
All	7.85%	Dec 31, 16	-50.5%

Gross Margin Lows

PAA Annual Gross Margin Lows Comparison
Period	Low	Date	Current
3Y	2.78%	N/A	+39.9%
5Y	2.78%	Dec 31, 22	+39.9%
All	1.22%	Dec 31, 05	+218.8%

Gross Margin History

Year	Value	Change
2025	3.89%	-0.8%
2024	3.92%	+7.1%
2023	3.66%	+31.7%
2022	2.78%	-48.4%
2021	5.39%	-10.8%
2020	6.04%	+1.7%
2019	5.94%	-14.4%
2018	6.94%	+13.0%
2017	6.14%	-21.8%
2016	7.85%	+31.3%
2015	5.98%	+31.7%
2014	4.54%	-10.6%
2013	5.08%	+16.5%
2012	4.36%	-9.0%
2011	4.79%	+20.7%

Year	Value	Change
2010	3.97%	-25.9%
2009	5.36%	+114.4%
2008	2.50%	-28.0%
2007	3.47%	+59.2%
2006	2.18%	+78.7%
2005	1.22%	-3.2%
2004	1.26%	-10.0%
2003	1.40%	-16.7%
2002	1.68%	-6.1%
2001	1.79%	+7.8%
2000	1.66%	-16.2%
1999	1.98%	-32.4%
1998	2.93%	+95.3%
1997	1.50%	-

FAQ

What is the current annual gross margin of PAA?: As of today, PAA annual gross margin is 3.89%
What is 1-year change in PAA annual gross margin?: PAA annual gross margin is down -0.77% year-over-year
What is 3-year change in PAA annual gross margin?: PAA annual gross margin is up +39.93% over the past 3 years
How far is PAA annual gross margin from its all-time high?: PAA annual gross margin is currently -50.45% below its historical high of 7.85% set on December 31, 2016
How does PAA annual gross margin rank versus sector peers?: PAA annual gross margin is higher than 12.70% of companies in Energy sector
When is PAA next annual earnings release?: As of today, the next annual earnings release for PAA has not been scheduled

Gross Margin Formula

Gross Margin = Gross Profit

Revenue × 100%

Quarterly Gross Margin

3.20%0.41%+14.70%

June 30, 2026

Summary

Current Value: As of today, PAA quarterly gross margin is 3.20%, up +14.70% on June 30, 2026
Historical Performance: PAA quarterly gross margin is down -16.23% year-over-year, up +7.74% over the past 3 years
All-Time High Comparison: PAA quarterly gross margin is currently -76.73% below its historical high of 13.75% set on March 31, 2009
3-Year Low Comparison: PAA quarterly gross margin is +111.92% above its 3-year low of 1.51% reached on December 31, 2024
Sector Comparison: PAA quarterly gross margin is higher than 8.51% of companies in Energy sector

Performance

PAA Performance
Metric	Date	Value	3M	1Y	3Y	5Y
Quarterly Gross Margin	Jun 30, 26	3.20%	+14.7%	-16.2%	+7.7%	-30.7%
Annual Gross Margin	Dec 31, 25	3.89%	–	-0.8%	+39.9%	-35.6%
Price	Aug 19, 26	$23.99	+2.8%	+36.7%	+56.7%	+161.6%
PE Ratio	Aug 19, 26	6.64	-62.0%	-65.8%	-29.7%	-88.4%
Quarterly Revenue	Jun 30, 26	$17.68B	+42.8%	+65.5%	+53.9%	+73.1%
Quarterly Gross Profit	Jun 30, 26	$567.00M	+63.9%	+39.0%	+66.3%	+20.1%
Quarterly Operating Margin	Jun 30, 26	2.58%	+20.6%	-15.4%	+15.7%	-34.2%
Quarterly Net Margin	Jun 30, 26	1.51%	-44.1%	-27.1%	-49.7%	+171.6%

Quarterly Gross Margin Highs

PAA Quarterly Gross Margin Highs Comparison
Period	High	Date	Current
1Y	4.24%	Dec 31, 25	-24.5%
3Y	5.38%	Mar 31, 24	-40.5%
5Y	5.38%	Mar 31, 24	-40.5%
All	13.75%	Mar 31, 09	-76.7%

Quarterly Gross Margin Lows

PAA Quarterly Gross Margin Lows Comparison
Period	Low	Date	Current
1Y	2.79%	Mar 31, 26	+14.7%
3Y	1.51%	Dec 31, 24	+111.9%
5Y	1.51%	Dec 31, 24	+111.9%
All	0.00%	Dec 31, 00	N/A

Quarterly Gross Margin History

Month	Value	Change
Jun 2026	3.20%	+14.7%
Mar 2026	2.79%	-34.2%
Dec 2025	4.24%	+6.3%
Sep 2025	3.99%	+4.5%
Jun 2025	3.82%	+2.7%
Mar 2025	3.72%	+146.4%
Dec 2024	1.51%	-39.8%
Sep 2024	2.51%	-21.6%
Jun 2024	3.20%	-40.5%
Mar 2024	5.38%	+29.6%
Dec 2023	4.15%	+3.0%
Sep 2023	4.03%	+35.7%
Jun 2023	2.97%	-13.7%
Mar 2023	3.44%	+52.9%
Dec 2022	2.25%	-13.8%
Sep 2022	2.61%	+5.7%
Jun 2022	2.47%	-35.5%
Mar 2022	3.83%	-6.6%
Dec 2021	4.10%	+2.5%
Sep 2021	4.00%	-13.4%
Jun 2021	4.62%	-54.0%
Mar 2021	10.04%	+63.5%
Dec 2020	6.14%	+2.0%
Sep 2020	6.02%	-49.2%
Jun 2020	11.86%	+225.8%
Mar 2020	3.64%	-33.7%
Dec 2019	5.49%	+4.4%
Sep 2019	5.26%	-6.2%
Jun 2019	5.61%	-19.6%
Mar 2019	6.98%	-27.3%
Dec 2018	9.60%	+37.3%
Sep 2018	6.99%	+36.3%
Jun 2018	5.13%	-15.1%
Mar 2018	6.04%	-3.0%
Dec 2017	6.23%	+7.2%
Sep 2017	5.81%	+48.6%
Jun 2017	3.91%	-54.8%
Mar 2017	8.66%	+3.6%
Dec 2016	8.36%	+32.3%
Sep 2016	6.32%	-30.5%
Jun 2016	9.10%	+19.1%
Mar 2016	7.64%	-5.8%
Dec 2015	8.11%	+26.3%
Sep 2015	6.42%	+39.9%
Jun 2015	4.59%	-44.4%
Mar 2015	8.26%	+94.4%
Dec 2014	4.25%	-2.7%
Sep 2014	4.37%	+8.2%
Jun 2014	4.04%	-22.6%
Mar 2014	5.22%	-9.7%
Dec 2013	5.78%	+67.5%
Sep 2013	3.45%	-18.8%
Jun 2013	4.25%	-37.5%
Mar 2013	6.80%	+19.7%
Dec 2012	5.68%	+76.9%

Month	Value	Change
Sep 2012	3.21%	-13.5%
Jun 2012	3.71%	-13.9%
Mar 2012	4.31%	+6.7%
Dec 2011	4.04%	-3.6%
Sep 2011	4.19%	0.0%
Jun 2011	4.19%	-23.0%
Mar 2011	5.44%	-17.8%
Dec 2010	6.62%	+7.3%
Sep 2010	6.17%	-9.1%
Jun 2010	6.79%	-4.4%
Mar 2010	7.10%	+9.2%
Dec 2009	6.50%	-28.9%
Sep 2009	9.14%	-1.4%
Jun 2009	9.27%	-32.6%
Mar 2009	13.75%	+104.6%
Dec 2008	6.72%	+34.1%
Sep 2008	5.01%	+60.1%
Jun 2008	3.13%	-27.5%
Mar 2008	4.32%	+73.5%
Dec 2007	2.49%	-52.0%
Sep 2007	5.19%	-39.5%
Jun 2007	8.58%	+121.1%
Mar 2007	3.88%	+48.1%
Dec 2006	2.62%	-21.6%
Sep 2006	3.34%	+31.5%
Jun 2006	2.54%	+109.9%
Mar 2006	1.21%	+9.0%
Dec 2005	1.11%	-14.6%
Sep 2005	1.30%	-9.1%
Jun 2005	1.43%	+36.2%
Mar 2005	1.05%	-1.9%
Dec 2004	1.07%	-15.1%
Sep 2004	1.26%	-47.7%
Jun 2004	2.41%	+52.5%
Mar 2004	1.58%	+36.2%
Dec 2003	1.16%	-8.7%
Sep 2003	1.27%	-21.6%
Jun 2003	1.62%	+14.1%
Mar 2003	1.42%	-10.7%
Dec 2002	1.59%	+5.3%
Sep 2002	1.51%	-13.2%
Jun 2002	1.74%	-14.3%
Mar 2002	2.03%	+0.5%
Dec 2001	2.02%	+32.9%
Sep 2001	1.52%	-19.1%
Jun 2001	1.88%	+1.6%
Mar 2001	1.85%	>+9,900.0%
Dec 2000	0.00%	-100.0%
Sep 2000	3.59%	-5.5%
Jun 2000	3.80%	+43.9%
Mar 2000	2.64%	+123.7%
Dec 1999	1.18%	-48.0%
Sep 1999	2.27%	-12.4%
Jun 1999	2.59%	-30.6%
Mar 1999	3.73%	-

FAQ

What is the current quarterly gross margin of PAA?: As of today, PAA quarterly gross margin is 3.20%
What is PAA quarterly gross margin most recent change?: PAA quarterly gross margin was up +14.70% on June 30, 2026
What is 1-year change in PAA quarterly gross margin?: PAA quarterly gross margin is down -16.23% year-over-year
How far is PAA quarterly gross margin from its all-time high?: PAA quarterly gross margin is currently -76.73% below its historical high of 13.75% set on March 31, 2009
How does PAA quarterly gross margin rank versus sector peers?: PAA quarterly gross margin is higher than 8.51% of companies in Energy sector
When is PAA next earnings release?: The next earnings release for PAA is on November 4, 2026

Gross Margin Formula

Gross Margin = Gross Profit

Revenue × 100%

Data Sources & References

PAA Official Website www.plains.com
Most Recent Annual Report (10-K) www.sec.gov/Archives/edgar/data/1070423/000110465925118133/0001104659-25-118133-index.htm
PAA Profile on Yahoo Finance finance.yahoo.com/quote/PAA
PAA Profile on NASDAQ.com www.nasdaq.com/market-activity/stocks/paa