What is the current annual net margin of PAA?

As of today, PAA annual net margin is 3.12%

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

PAA annual net margin is up +41.82% year-over-year

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

PAA annual net margin is up +45.79% over the past 3 years

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

PAA annual net margin is currently -52.15% below its historical high of 6.52% set on December 31, 2019

How does PAA annual net margin rank versus sector peers?

PAA annual net margin is higher than 37.76% 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 net margin of PAA?

As of today, PAA quarterly net margin is 1.51%

What is PAA quarterly net margin most recent change?

PAA quarterly net margin was down -44.07% on June 30, 2026

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

PAA quarterly net margin is down -27.05% year-over-year

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

PAA quarterly net margin is currently -88.86% below its historical high of 13.55% set on December 31, 2018

How does PAA quarterly net margin rank versus sector peers?

PAA quarterly net margin is higher than 19.21% of companies in Energy sector

When is PAA next earnings release?

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

PAA Net Margin History & Chart Since 1997

Annual Net Margin

3.12%0.92%+41.82%

December 31, 2025

Summary

Current Value: As of today, PAA annual net margin is 3.12%, up +41.82% on December 31, 2025
Historical Performance: PAA annual net margin is up +45.79% over the past 3 years, up +128.52% over the past 5 years
All-Time High Comparison: PAA annual net margin is currently -52.15% below its historical high of 6.52% set on December 31, 2019
3-Year Low Comparison: PAA annual net margin is +45.79% above its 3-year low of 2.14% reached on an earlier date
Sector Comparison: PAA annual net margin is higher than 37.76% of companies in Energy sector

Net Margin Chart

beforeafter

Performance

PAA Performance
Metric	Date	Value	1Y	3Y	5Y	15Y
Annual Net Margin	Dec 31, 25	3.12%	+41.8%	+45.8%	+128.5%	+60.0%
Quarterly Net Margin	Jun 30, 26	1.51%	-27.1%	-49.7%	+171.6%	-24.9%
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 Net Income	Dec 31, 25	$1.38B	+57.2%	+12.8%	+153.4%	+172.5%
Annual Gross Margin	Dec 31, 25	3.89%	-0.8%	+39.9%	-35.6%	-2.0%
Annual Operating Margin	Dec 31, 25	3.12%	-1.6%	+41.2%	-36.3%	+5.0%

Net Margin Highs

PAA Annual Net Margin Highs Comparison
Period	High	Date	Current
3Y	3.12%	Dec 31, 25	at high
5Y	3.12%	Dec 31, 25	at high
All	6.52%	Dec 31, 19	-52.1%

Net Margin Lows

PAA Annual Net Margin Lows Comparison
Period	Low	Date	Current
3Y	2.14%	N/A	+45.8%
5Y	-10.94%	N/A	+128.5%
All	-10.94%	Dec 31, 20	+128.5%

Net Margin History

Year	Value	Change
2025	3.12%	+41.8%
2024	2.20%	-28.3%
2023	3.07%	+43.5%
2022	2.14%	+41.7%
2021	1.51%	+113.8%
2020	-10.94%	-267.8%
2019	6.52%	+0.2%
2018	6.51%	+104.7%
2017	3.18%	-11.7%
2016	3.60%	-9.8%
2015	3.99%	+25.1%
2014	3.19%	-2.4%
2013	3.27%	+10.1%
2012	2.97%	+2.4%
2011	2.90%	+48.7%

Year	Value	Change
2010	1.95%	-37.7%
2009	3.13%	+115.9%
2008	1.45%	-19.0%
2007	1.79%	+44.4%
2006	1.24%	+77.1%
2005	0.70%	+11.1%
2004	0.63%	+34.0%
2003	0.47%	-39.7%
2002	0.78%	+21.9%
2001	0.64%	-54.3%
2000	1.40%	+164.5%
1999	-2.17%	-319.2%
1998	0.99%	+253.6%
1997	0.28%	-

FAQ

What is the current annual net margin of PAA?: As of today, PAA annual net margin is 3.12%
What is 1-year change in PAA annual net margin?: PAA annual net margin is up +41.82% year-over-year
What is 3-year change in PAA annual net margin?: PAA annual net margin is up +45.79% over the past 3 years
How far is PAA annual net margin from its all-time high?: PAA annual net margin is currently -52.15% below its historical high of 6.52% set on December 31, 2019
How does PAA annual net margin rank versus sector peers?: PAA annual net margin is higher than 37.76% 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

Net Margin Formula

Net Margin = Net Income

Revenue × 100%

Quarterly Net Margin

1.51%1.19%-44.07%

June 30, 2026

Summary

Current Value: As of today, PAA quarterly net margin is 1.51%, down -44.07% on June 30, 2026
Historical Performance: PAA quarterly net margin is down -27.05% year-over-year, down -49.67% over the past 3 years
All-Time High Comparison: PAA quarterly net margin is currently -88.86% below its historical high of 13.55% set on December 31, 2018
3-Year Low Comparison: PAA quarterly net margin is +297.37% above its 3-year low of 0.38% reached on December 31, 2024
Sector Comparison: PAA quarterly net margin is higher than 19.21% of companies in Energy sector

Performance

PAA Performance
Metric	Date	Value	3M	1Y	3Y	5Y
Quarterly Net Margin	Jun 30, 26	1.51%	-44.1%	-27.1%	-49.7%	+171.6%
Annual Net Margin	Dec 31, 25	3.12%	–	+41.8%	+45.8%	+128.5%
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 Net Income	Jun 30, 26	$268.00M	-19.8%	+21.3%	-22.3%	+224.1%
Quarterly Gross Margin	Jun 30, 26	3.20%	+14.7%	-16.2%	+7.7%	-30.7%
Quarterly Operating Margin	Jun 30, 26	2.58%	+20.6%	-15.4%	+15.7%	-34.2%

Quarterly Net Margin Highs

PAA Quarterly Net Margin Highs Comparison
Period	High	Date	Current
1Y	3.92%	Sep 30, 25	-61.5%
3Y	3.92%	Sep 30, 25	-61.5%
5Y	3.92%	Sep 30, 25	-61.5%
All	13.55%	Dec 31, 18	-88.9%

Quarterly Net Margin Lows

PAA Quarterly Net Margin Lows Comparison
Period	Low	Date	Current
1Y	1.51%	Jun 30, 26	at low
3Y	0.38%	Dec 31, 24	+297.4%
5Y	-2.11%	N/A	+171.6%
All	-34.98%	Mar 31, 20	+104.3%

Quarterly Net Margin History

Month	Value	Change
Jun 2026	1.51%	-44.1%
Mar 2026	2.70%	-12.3%
Dec 2025	3.08%	-21.4%
Sep 2025	3.92%	+89.4%
Jun 2025	2.07%	-37.5%
Mar 2025	3.31%	+771.1%
Dec 2024	0.38%	-76.1%
Sep 2024	1.59%	-30.3%
Jun 2024	2.28%	-20.8%
Mar 2024	2.88%	-8.0%
Dec 2023	3.13%	+37.3%
Sep 2023	2.28%	-24.0%
Jun 2023	3.00%	-21.9%
Mar 2023	3.84%	+60.0%
Dec 2022	2.40%	-23.6%
Sep 2022	3.14%	+103.9%
Jun 2022	1.54%	-4.3%
Mar 2022	1.61%	-58.5%
Dec 2021	3.88%	+860.8%
Sep 2021	-0.51%	+75.8%
Jun 2021	-2.11%	-143.6%
Mar 2021	4.84%	+1,252.4%
Dec 2020	-0.42%	-117.0%
Sep 2020	2.47%	-42.3%
Jun 2020	4.28%	+112.2%
Mar 2020	-34.98%	-1,153.6%
Dec 2019	3.32%	-43.2%
Sep 2019	5.85%	+7.5%
Jun 2019	5.44%	-54.1%
Mar 2019	11.84%	-12.6%
Dec 2018	13.55%	+69.6%
Sep 2018	7.99%	+577.1%
Jun 2018	1.18%	-65.2%
Mar 2018	3.39%	+41.3%
Dec 2017	2.40%	+400.0%
Sep 2017	0.48%	-84.4%
Jun 2017	3.08%	-54.0%
Mar 2017	6.69%	+227.9%
Dec 2016	2.04%	-64.7%
Sep 2016	5.78%	+173.9%
Jun 2016	2.11%	-58.5%
Mar 2016	5.08%	+1.2%
Dec 2015	5.02%	+10.8%
Sep 2015	4.53%	+146.2%
Jun 2015	1.84%	-60.9%
Mar 2015	4.71%	+11.6%
Dec 2014	4.22%	+45.5%
Sep 2014	2.90%	+13.3%
Jun 2014	2.56%	-21.7%
Mar 2014	3.27%	+12.0%
Dec 2013	2.92%	+32.1%
Sep 2013	2.21%	-24.1%
Jun 2013	2.91%	-42.3%
Mar 2013	5.04%	+46.1%
Dec 2012	3.45%	+87.5%

Month	Value	Change
Sep 2012	1.84%	-54.3%
Jun 2012	4.03%	+56.8%
Mar 2012	2.57%	-23.7%
Dec 2011	3.37%	+30.1%
Sep 2011	2.59%	+28.9%
Jun 2011	2.01%	+18.2%
Mar 2011	1.70%	-13.3%
Dec 2010	1.96%	+49.6%
Sep 2010	1.31%	-39.6%
Jun 2010	2.17%	-12.1%
Mar 2010	2.47%	+36.5%
Dec 2009	1.81%	-25.8%
Sep 2009	2.44%	-23.3%
Jun 2009	3.18%	-50.2%
Mar 2009	6.39%	+222.7%
Dec 2008	1.98%	-14.7%
Sep 2008	2.32%	+415.6%
Jun 2008	0.45%	-64.8%
Mar 2008	1.28%	+7.6%
Dec 2007	1.19%	-30.0%
Sep 2007	1.70%	-36.6%
Jun 2007	2.68%	+34.0%
Mar 2007	2.00%	+90.5%
Dec 2006	1.05%	-43.9%
Sep 2006	1.87%	+14.0%
Jun 2006	1.64%	+160.3%
Mar 2006	0.63%	+1.6%
Dec 2005	0.62%	-22.5%
Sep 2005	0.80%	-8.0%
Jun 2005	0.87%	+77.6%
Mar 2005	0.49%	+22.5%
Dec 2004	0.40%	-43.7%
Sep 2004	0.71%	+1.4%
Jun 2004	0.70%	-14.6%
Mar 2004	0.82%	>+9,900.0%
Dec 2003	0.00%	-100.0%
Sep 2003	0.39%	-54.7%
Jun 2003	0.86%	+16.2%
Mar 2003	0.74%	-2.6%
Dec 2002	0.76%	+8.6%
Sep 2002	0.70%	-17.6%
Jun 2002	0.85%	-7.6%
Mar 2002	0.92%	+61.4%
Dec 2001	0.57%	-17.4%
Sep 2001	0.69%	+53.3%
Jun 2001	0.45%	-45.1%
Mar 2001	0.82%	+412.5%
Dec 2000	0.16%	-73.3%
Sep 2000	0.60%	-73.7%
Jun 2000	2.28%	-63.2%
Mar 2000	6.19%	+197.5%
Dec 1999	-6.35%	-790.2%
Sep 1999	0.92%	-31.3%
Jun 1999	1.34%	-46.0%
Mar 1999	2.48%	-

FAQ

What is the current quarterly net margin of PAA?: As of today, PAA quarterly net margin is 1.51%
What is PAA quarterly net margin most recent change?: PAA quarterly net margin was down -44.07% on June 30, 2026
What is 1-year change in PAA quarterly net margin?: PAA quarterly net margin is down -27.05% year-over-year
How far is PAA quarterly net margin from its all-time high?: PAA quarterly net margin is currently -88.86% below its historical high of 13.55% set on December 31, 2018
How does PAA quarterly net margin rank versus sector peers?: PAA quarterly net margin is higher than 19.21% of companies in Energy sector
When is PAA next earnings release?: The next earnings release for PAA is on November 4, 2026

Net Margin Formula

Net Margin = Net Income

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