Overview Dividends

(PAA) Plains All American Pipeline - Ratings and Ratios

Exchange: NASDAQ • Country: United States • Currency: USD • Type: Common Stock • ISIN: US7265031051

Crude, Ngl, Pipeline, Storage, Terminal

PAA EPS (Earnings per Share)

EPS Growth (3Y CAGR): -57.17%
EPS Trend (3Y Correlation): -36.4%

PAA Revenue

Revenue Growth (3Y CAGR): -10.27%
Revenue Trend (3Y Correlation): -57.7%

Description: PAA Plains All American Pipeline October 31, 2025

Plains All American Pipeline LP (NASDAQ:PAA) operates a U.S. and Canada-wide network that transports, stores, and terminals crude oil and natural-gas liquids (NGL) through two primary segments: Crude Oil, which gathers and moves crude via pipelines, trucks, barges and rail, and NGL, which processes, fractionates, stores, and transports ethane, propane, normal-butane, iso-butane, and natural gasoline. The company, founded in 1981 and headquartered in Houston, Texas, is a subsidiary of Plains GP Holdings and is classified under the Oil & Gas Storage & Transportation sub-industry.

Key operating metrics (2023-24) include roughly 7.2 million barrels per day of combined crude and NGL pipeline capacity and an adjusted EBITDA of about $1.5 billion, supporting an annual dividend yield near 8%. The business is highly sensitive to U.S. shale production trends-higher crude output expands gathering volumes-while NGL margins are driven by the spread between natural-gas prices and NGL product prices, which have been volatile due to seasonal heating demand and petrochemical feedstock demand. Regulatory risk, particularly around pipeline permitting and environmental compliance, remains a material uncertainty for future expansion.

If you’re looking to deepen your quantitative assessment of PAA’s valuation dynamics, a quick look at ValueRay’s model can provide a data-rich, scenario-based framework to test these drivers.

PAA Stock Overview

Market Cap in USD	11,569m
Sub-Industry	Oil & Gas Storage & Transportation
IPO / Inception	1998-11-17

PAA Stock Ratings

Growth Rating	59.5%
Fundamental	55.9%
Dividend Rating	82.9%
Return 12m vs S&P 500	-7.93%
Analyst Rating	3.69 of 5

PAA Dividends

Dividend Yield 12m	9.14%
Yield on Cost 5y	30.52%
Annual Growth 5y	4.13%
Payout Consistency	94.8%
Payout Ratio	129.9%

PAA Growth Ratios

Growth Correlation 3m	-78.9%
Growth Correlation 12m	-5.6%
Growth Correlation 5y	97.4%
CAGR 5y	19.71%
CAGR/Max DD 3y (Calmar Ratio)	0.89
CAGR/Mean DD 3y (Pain Ratio)	3.57
Sharpe Ratio 12m	0.39
Alpha	-7.02
Beta	0.712
Volatility	20.65%
Current Volume	2553.4k
Average Volume 20d	3087.9k
Stop Loss	16.1 (-3.2%)
Signal	0.47

Piotroski VR‑10 (Strict, 0-10) 4.5

Net Income (916.0m TTM) > 0 and > 6% of Revenue (6% = 2.87b TTM)

FCFTA 0.08 (>2.0%) and ΔFCFTA 2.08pp (YES ≥ +1.0pp, WARN ≥ +0.5pp)

NWC/Revenue 0.02% (prev -0.04%; Δ 0.06pp) (YES ≤20% & Δ≤-1pp; WARN ≤25% & Δ≤0 oder ≤40% & Δ≤-3pp)

CFO/TA 0.10 (>3.0%) and CFO 2.75b > Net Income 916.0m (YES >=105%, WARN >=100%)

Net Debt (8.41b) to EBITDA (2.82b) ratio: 2.99 <= 3.0 (WARN <= 3.5)

Current Ratio 1.00 (target 1.5–3.0; WARN 1.2–<1.5 or >3.0–5.0; CFO/TA gate active)

Outstanding Shares last Quarter (703.0m) change vs 12m ago 0.29% (target <= -2.0% for YES)

Gross Margin 28.43% (prev 3.73%; Δ 24.70pp) >=18% & Δ>=+0.5pp (WARN >=15% & Δ>=0)

Asset Turnover 175.1% (prev 181.2%; Δ -6.18pp) >=50% & Δ>=+2pp (WARN >=35% & Δ>=0)

Interest Coverage Ratio 3.72 (EBITDA TTM 2.82b / Interest Expense TTM 485.0m) >= 6 (WARN >= 3)

ValueRay F-Score (Strict, 0-100) 55.87

1. Piotroski 4.50pt = -0.50

2. FCF Yield 10.65% = 5.0

3. FCF Margin 4.45% = 1.11

4. Debt/Equity 0.91 = 2.10

5. Debt/Ebitda 2.99 = -1.75

6. ROIC - WACC (= 4.27)% = 5.34

7. RoE 8.59% = 0.72

8. Rev. Trend -57.65% = -4.32

9. EPS Trend -36.43% = -1.82

What is the price of PAA shares?

As of November 10, 2025, the stock is trading at USD 16.63 with a total of 2,553,418 shares traded.
Over the past week, the price has changed by +2.02%, over one month by +5.19%, over three months by -3.95% and over the past year by +4.43%.

Is Plains All American Pipeline a good stock to buy?

Neither. Based on ValueRay´s Fundamental Analyses, Plains All American Pipeline is currently (November 2025) neither a good nor a bad stock to buy. It has a ValueRay Fundamental Rating of 55.87 and therefor a neutral outlook according to the companies health.
Based on momentum, paid dividends and discounted-cash-flow analyses, the fair value of PAA is around 18.51 USD . This means that PAA is currently undervalued and has a potential upside of +11.3% (Margin of Safety).

Is PAA a buy, sell or hold?

Plains All American Pipeline has received a consensus analysts rating of 3.69. Therefor, it is recommend to hold PAA.

Strong Buy: 6
Buy: 1
Hold: 7
Sell: 2
Strong Sell: 0

What are the forecasts/targets for the PAA price?

Issuer	Target	Up/Down from current
Wallstreet Target Price	20.4	22.7%
Analysts Target Price	20.4	22.7%
ValueRay Target Price	20.1	20.8%

PAA Fundamental Data Overview November 04, 2025

Market Cap USD = 11.57b (11.57b USD * 1.0 USD.USD)
P/E Trailing = 25.3077
P/E Forward = 8.0841
P/S = 0.2421
P/B = 1.2282
P/EG = 2.2666
Beta = 0.712
Revenue TTM = 47.80b USD
EBIT TTM = 1.80b USD
EBITDA TTM = 2.82b USD
Long Term Debt = 8.20b USD (from longTermDebt, last quarter)
Short Term Debt = 475.0m USD (from shortTermDebt, last quarter)
Debt = 8.87b USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 8.41b USD (from netDebt column, last quarter)
Enterprise Value = 19.98b USD (11.57b + Debt 8.87b - CCE 459.0m)
Interest Coverage Ratio = 3.72 (Ebit TTM 1.80b / Interest Expense TTM 485.0m)
FCF Yield = 10.65% (FCF TTM 2.13b / Enterprise Value 19.98b)
FCF Margin = 4.45% (FCF TTM 2.13b / Revenue TTM 47.80b)
Net Margin = 1.92% (Net Income TTM 916.0m / Revenue TTM 47.80b)
Gross Margin = 28.43% ((Revenue TTM 47.80b - Cost of Revenue TTM 34.21b) / Revenue TTM)
Gross Margin QoQ = 3.46% (prev 5.16%)
Tobins Q-Ratio = 0.74 (Enterprise Value 19.98b / Total Assets 27.16b)
Interest Expense / Debt = 1.50% (Interest Expense 133.0m / Debt 8.87b)
Taxrate = 1.73% (4.00m / 231.0m)
NOPAT = 1.77b (EBIT 1.80b * (1 - 1.73%))
Current Ratio = 1.00 (Total Current Assets 4.69b / Total Current Liabilities 4.68b)
Debt / Equity = 0.91 (Debt 8.87b / totalStockholderEquity, last quarter 9.71b)
Debt / EBITDA = 2.99 (Net Debt 8.41b / EBITDA 2.82b)
Debt / FCF = 3.95 (Net Debt 8.41b / FCF TTM 2.13b)
Total Stockholder Equity = 10.67b (last 4 quarters mean from totalStockholderEquity)
RoA = 3.37% (Net Income 916.0m / Total Assets 27.16b)
RoE = 8.59% (Net Income TTM 916.0m / Total Stockholder Equity 10.67b)
RoCE = 9.56% (EBIT 1.80b / Capital Employed (Equity 10.67b + L.T.Debt 8.20b))
RoIC = 9.80% (NOPAT 1.77b / Invested Capital 18.09b)
WACC = 5.53% (E(11.57b)/V(20.44b) * Re(8.64%) + D(8.87b)/V(20.44b) * Rd(1.50%) * (1-Tc(0.02)))
Discount Rate = 8.64% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: 33.33 | Cagr: 0.14%
[DCF Debug] Terminal Value 78.01% ; FCFE base≈1.91b ; Y1≈2.17b ; Y5≈2.96b
Fair Price DCF = 65.04 (DCF Value 45.74b / Shares Outstanding 703.3m; 5y FCF grow 15.68% → 3.0% )
EPS Correlation: -36.43 | EPS CAGR: -57.17% | SUE: -4.0 | # QB: 0
Revenue Correlation: -57.65 | Revenue CAGR: -10.27% | SUE: -1.85 | # QB: 0

Additional Sources for PAA Stock

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