
Plains All American Pipeline LP
NASDAQ:PAA

Income Statement
Earnings Waterfall
Plains All American Pipeline LP
Revenue
|
50.1B
USD
|
Cost of Revenue
|
-47.3B
USD
|
Gross Profit
|
2.7B
USD
|
Operating Expenses
|
-1.4B
USD
|
Operating Income
|
1.3B
USD
|
Other Expenses
|
-824m
USD
|
Net Income
|
514m
USD
|
Income Statement
Plains All American Pipeline LP
Dec-2014 | Mar-2015 | Jun-2015 | Sep-2015 | Dec-2015 | Mar-2016 | Jun-2016 | Sep-2016 | Dec-2016 | Mar-2017 | Jun-2017 | Sep-2017 | Dec-2017 | Mar-2018 | Jun-2018 | Sep-2018 | Dec-2018 | Mar-2019 | Jun-2019 | Sep-2019 | Dec-2019 | Mar-2020 | Jun-2020 | Sep-2020 | Dec-2020 | Mar-2021 | Jun-2021 | Sep-2021 | Dec-2021 | Mar-2022 | Jun-2022 | Sep-2022 | Dec-2022 | Mar-2023 | Jun-2023 | Sep-2023 | Dec-2023 | Mar-2024 | Jun-2024 | Sep-2024 | Dec-2024 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||||||||||||||||||||||||||||||||||
Revenue |
43 464
N/A
|
37 722
-13%
|
33 191
-12%
|
27 615
-17%
|
23 152
-16%
|
21 321
-8%
|
19 608
-8%
|
19 227
-2%
|
20 182
+5%
|
22 738
+13%
|
23 866
+5%
|
24 569
+3%
|
26 223
+7%
|
27 954
+7%
|
29 956
+7%
|
32 875
+10%
|
34 055
+4%
|
34 033
0%
|
34 206
+1%
|
33 300
-3%
|
33 669
+1%
|
33 562
0%
|
28 534
-15%
|
26 481
-7%
|
23 290
-12%
|
23 404
+0%
|
30 109
+29%
|
35 052
+16%
|
42 078
+20%
|
47 389
+13%
|
53 818
+14%
|
57 378
+7%
|
57 342
0%
|
55 988
-2%
|
51 231
-8%
|
48 966
-4%
|
48 712
-1%
|
48 366
-1%
|
49 697
+3%
|
50 369
+1%
|
50 073
-1%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(40 956)
|
(35 338)
|
(30 963)
|
(25 464)
|
(21 180)
|
(19 440)
|
(17 702)
|
(17 371)
|
(18 415)
|
(20 648)
|
(21 745)
|
(22 637)
|
(24 168)
|
(26 098)
|
(28 337)
|
(30 821)
|
(31 056)
|
(30 689)
|
(30 410)
|
(29 487)
|
(30 755)
|
(30 980)
|
(26 174)
|
(24 364)
|
(21 507)
|
(21 446)
|
(28 197)
|
(33 184)
|
(39 569)
|
(45 088)
|
(51 190)
|
(54 231)
|
(54 491)
|
(53 039)
|
(48 285)
|
(46 374)
|
(45 956)
|
(45 552)
|
(46 883)
|
(47 445)
|
(47 328)
|
|
Gross Profit |
2 508
N/A
|
2 384
-5%
|
2 228
-7%
|
2 151
-3%
|
1 972
-8%
|
1 881
-5%
|
1 906
+1%
|
1 856
-3%
|
1 767
-5%
|
2 090
+18%
|
2 121
+1%
|
1 932
-9%
|
2 055
+6%
|
1 856
-10%
|
1 619
-13%
|
2 054
+27%
|
2 999
+46%
|
3 344
+12%
|
3 796
+14%
|
3 813
+0%
|
2 914
-24%
|
2 582
-11%
|
2 360
-9%
|
2 117
-10%
|
1 783
-16%
|
1 958
+10%
|
1 912
-2%
|
1 868
-2%
|
2 509
+34%
|
2 301
-8%
|
2 628
+14%
|
3 147
+20%
|
2 851
-9%
|
2 949
+3%
|
2 946
0%
|
2 592
-12%
|
2 756
+6%
|
2 814
+2%
|
2 814
N/A
|
2 924
+4%
|
2 745
-6%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(709)
|
(709)
|
(708)
|
(700)
|
(710)
|
(704)
|
(792)
|
(728)
|
(773)
|
(787)
|
(707)
|
(823)
|
(902)
|
(913)
|
(845)
|
(831)
|
(836)
|
(844)
|
(937)
|
(962)
|
(898)
|
(923)
|
(939)
|
(930)
|
(924)
|
(933)
|
(963)
|
(987)
|
(1 066)
|
(1 135)
|
(1 187)
|
(1 263)
|
(1 290)
|
(1 319)
|
(1 343)
|
(1 374)
|
(1 398)
|
(1 405)
|
(1 411)
|
(1 414)
|
(1 407)
|
|
Selling, General & Administrative |
(326)
|
(315)
|
(304)
|
(285)
|
(278)
|
(267)
|
(261)
|
(271)
|
(279)
|
(286)
|
(281)
|
(279)
|
(276)
|
(281)
|
(293)
|
(299)
|
(316)
|
(314)
|
(309)
|
(309)
|
(297)
|
(290)
|
(287)
|
(274)
|
(271)
|
(270)
|
(270)
|
(276)
|
(292)
|
(308)
|
(314)
|
(330)
|
(325)
|
(329)
|
(336)
|
(345)
|
(350)
|
(360)
|
(368)
|
(374)
|
(381)
|
|
Depreciation & Amortization |
(383)
|
(394)
|
(404)
|
(415)
|
(432)
|
(437)
|
(531)
|
(457)
|
(494)
|
(501)
|
(426)
|
(544)
|
(626)
|
(632)
|
(552)
|
(532)
|
(520)
|
(530)
|
(628)
|
(653)
|
(601)
|
(633)
|
(652)
|
(656)
|
(653)
|
(663)
|
(693)
|
(711)
|
(774)
|
(827)
|
(873)
|
(933)
|
(965)
|
(990)
|
(1 007)
|
(1 029)
|
(1 048)
|
(1 045)
|
(1 043)
|
(1 040)
|
(1 026)
|
|
Operating Income |
1 799
N/A
|
1 675
-7%
|
1 520
-9%
|
1 451
-5%
|
1 262
-13%
|
1 177
-7%
|
1 114
-5%
|
1 128
+1%
|
994
-12%
|
1 303
+31%
|
1 414
+9%
|
1 109
-22%
|
1 153
+4%
|
943
-18%
|
774
-18%
|
1 223
+58%
|
2 163
+77%
|
2 500
+16%
|
2 859
+14%
|
2 851
0%
|
2 016
-29%
|
1 659
-18%
|
1 421
-14%
|
1 187
-16%
|
859
-28%
|
1 025
+19%
|
949
-7%
|
881
-7%
|
1 443
+64%
|
1 166
-19%
|
1 441
+24%
|
1 884
+31%
|
1 561
-17%
|
1 630
+4%
|
1 603
-2%
|
1 218
-24%
|
1 358
+11%
|
1 409
+4%
|
1 403
0%
|
1 510
+8%
|
1 338
-11%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
(241)
|
(248)
|
(242)
|
(249)
|
(249)
|
(252)
|
(273)
|
(276)
|
(272)
|
(283)
|
(268)
|
(255)
|
(220)
|
(175)
|
(131)
|
(77)
|
(56)
|
230
|
225
|
223
|
234
|
(79)
|
(63)
|
(71)
|
(68)
|
(25)
|
(89)
|
(131)
|
(148)
|
(141)
|
(84)
|
(59)
|
119
|
(44)
|
(25)
|
23
|
84
|
82
|
92
|
79
|
97
|
|
Non-Reccuring Items |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
210
|
314
|
310
|
314
|
111
|
(28)
|
(3 180)
|
(3 252)
|
(3 348)
|
(3 416)
|
(261)
|
(562)
|
(694)
|
(590)
|
(546)
|
(174)
|
47
|
(269)
|
188
|
182
|
175
|
152
|
(2)
|
0
|
6
|
(160)
|
|
Total Other Income |
(1)
|
(3)
|
(6)
|
(7)
|
(7)
|
2
|
26
|
47
|
33
|
24
|
0
|
(18)
|
(31)
|
(26)
|
(16)
|
(18)
|
(7)
|
18
|
1
|
9
|
24
|
28
|
29
|
15
|
26
|
(68)
|
15
|
29
|
16
|
41
|
(139)
|
(192)
|
6
|
(75)
|
33
|
91
|
29
|
(29)
|
(35)
|
(43)
|
5
|
|
Pre-Tax Income |
1 557
N/A
|
1 424
-9%
|
1 272
-11%
|
1 195
-6%
|
1 006
-16%
|
927
-8%
|
867
-6%
|
899
+4%
|
755
-16%
|
1 044
+38%
|
1 146
+10%
|
836
-27%
|
902
+8%
|
742
-18%
|
627
-15%
|
1 338
+113%
|
2 414
+80%
|
3 058
+27%
|
3 399
+11%
|
3 194
-6%
|
2 246
-30%
|
(1 572)
N/A
|
(1 865)
-19%
|
(2 217)
-19%
|
(2 599)
-17%
|
671
N/A
|
313
-53%
|
85
-73%
|
721
+748%
|
520
-28%
|
1 044
+101%
|
1 680
+61%
|
1 417
-16%
|
1 699
+20%
|
1 793
+6%
|
1 507
-16%
|
1 623
+8%
|
1 460
-10%
|
1 460
N/A
|
1 552
+6%
|
1 280
-18%
|
|
Net Income | ||||||||||||||||||||||||||||||||||||||||||
Tax Provision |
(171)
|
(139)
|
(150)
|
(147)
|
(100)
|
(103)
|
(65)
|
(49)
|
(25)
|
(72)
|
(87)
|
(41)
|
779
|
783
|
809
|
774
|
(198)
|
(161)
|
(154)
|
(205)
|
(66)
|
(63)
|
(74)
|
(30)
|
19
|
17
|
15
|
42
|
(73)
|
(70)
|
(127)
|
(266)
|
(189)
|
(221)
|
(217)
|
(94)
|
(121)
|
(82)
|
(101)
|
(160)
|
(167)
|
|
Income from Continuing Operations |
1 386
|
1 285
|
1 122
|
1 048
|
906
|
824
|
802
|
850
|
730
|
972
|
1 059
|
795
|
1 681
|
1 525
|
1 436
|
2 112
|
2 216
|
2 897
|
3 245
|
2 989
|
2 180
|
(1 635)
|
(1 939)
|
(2 247)
|
(2 580)
|
688
|
328
|
127
|
648
|
450
|
917
|
1 414
|
1 228
|
1 478
|
1 576
|
1 413
|
1 502
|
1 378
|
1 359
|
1 392
|
1 113
|
|
Income to Minority Interest |
0
|
0
|
0
|
(2)
|
(3)
|
(3)
|
(4)
|
(4)
|
(4)
|
(3)
|
(3)
|
(3)
|
(2)
|
0
|
0
|
0
|
0
|
0
|
(2)
|
(7)
|
(9)
|
(11)
|
(11)
|
(9)
|
(10)
|
(9)
|
(11)
|
(12)
|
(55)
|
(92)
|
(136)
|
(190)
|
(191)
|
(206)
|
(214)
|
(232)
|
(272)
|
(304)
|
(328)
|
(344)
|
(341)
|
|
Net Income (Common) |
881
N/A
|
751
-15%
|
563
-25%
|
464
-18%
|
305
-34%
|
197
-35%
|
139
-29%
|
203
+46%
|
200
-1%
|
577
+189%
|
806
+40%
|
636
-21%
|
685
+8%
|
515
-25%
|
417
-19%
|
1 083
+160%
|
2 009
+86%
|
2 688
+34%
|
3 033
+13%
|
2 774
-9%
|
1 967
-29%
|
(1 846)
N/A
|
(2 149)
-16%
|
(2 455)
-14%
|
(2 790)
-14%
|
478
N/A
|
117
-76%
|
(85)
N/A
|
393
N/A
|
159
-60%
|
581
+265%
|
1 023
+76%
|
831
-19%
|
1 057
+27%
|
1 131
+7%
|
938
-17%
|
976
+4%
|
818
-16%
|
771
-6%
|
788
+2%
|
514
-35%
|
|
EPS (Diluted) |
2.36
N/A
|
1.95
-17%
|
1.41
-28%
|
1.16
-18%
|
0.77
-34%
|
0.5
-35%
|
0.36
-28%
|
0.51
+42%
|
0.43
-16%
|
0.76
+77%
|
1.1
+45%
|
0.87
-21%
|
0.95
+9%
|
0.7
-26%
|
0.57
-19%
|
1.35
+137%
|
2.51
+86%
|
3.36
+34%
|
3.79
+13%
|
3.46
-9%
|
2.45
-29%
|
-2.54
N/A
|
-2.95
-16%
|
-3.37
-14%
|
-3.83
-14%
|
0.66
N/A
|
0.16
-76%
|
-0.13
N/A
|
0.55
N/A
|
0.23
-58%
|
0.83
+261%
|
1.46
+76%
|
1.19
-18%
|
1.51
+27%
|
1.62
+7%
|
1.34
-17%
|
1.4
+4%
|
1.17
-16%
|
1.1
-6%
|
1.12
+2%
|
0.73
-35%
|