
Plains All American Pipeline, L.P.
PAAFinancial Statements
Income Statement (Annual)
Amounts in millions
2024
12/31/2024
Revenue
50,073
Cost of Revenue
48,354
Gross Profit
1,719
Gross Margin
3.4%
Operating Income
1,178
Operating Margin
2.4%
Net Income
772
Net Margin
1.5%
EPS (Basic)
$0.73
EPS (Diluted)
$0.73
EBITDA
2,736
EBITDA Margin
5.5%
2023
12/31/2023
Revenue
48,712
Cost of Revenue
45,956
Gross Profit
2,756
Gross Margin
5.7%
Operating Income
1,510
Operating Margin
3.1%
Net Income
1,230
Net Margin
2.5%
EPS (Basic)
$1.40
EPS (Diluted)
$1.40
EBITDA
3,057
EBITDA Margin
6.3%
2022
12/31/2022
Revenue
57,342
Cost of Revenue
55,456
Gross Profit
1,886
Gross Margin
3.3%
Operating Income
1,292
Operating Margin
2.3%
Net Income
1,037
Net Margin
1.8%
EPS (Basic)
$1.19
EPS (Diluted)
$1.19
EBITDA
2,787
EBITDA Margin
4.9%
2021
12/31/2021
Revenue
42,078
Cost of Revenue
40,343
Gross Profit
1,735
Gross Margin
4.1%
Operating Income
851
Operating Margin
2.0%
Net Income
593
Net Margin
1.4%
EPS (Basic)
$0.55
EPS (Diluted)
$0.55
EBITDA
1,920
EBITDA Margin
4.6%
2020
12/31/2020
Revenue
23,290
Cost of Revenue
22,160
Gross Profit
1,130
Gross Margin
4.9%
Operating Income
-2,375
Operating Margin
-10.2%
Net Income
-2,590
Net Margin
-11.1%
EPS (Basic)
$-3.83
EPS (Diluted)
$-3.83
EBITDA
-1,510
EBITDA Margin
-6.5%