Plains All American Pipeline LP (PAA) — Capital Reinvestment Ratio
Plains All American Pipeline LP (PAA) has a Capital Reinvestment Ratio of 0.31x as of March 2026, meaning it reinvests 0% of its operating cash flow ($418.00 Million) in capital expenditures ($130.00 Million). See free cash flow generation of Plains All American Pipeline LP to measure how efficiently the company converts operating cash flow to free cash.
Capital Reinvestment Ratio
Operating Cash Flow
Capital Expenditures
Data as of
Plains All American Pipeline LP Capital Reinvestment Ratio (1998–2025)
This chart tracks Plains All American Pipeline LP's Capital Reinvestment Ratio across 24 annual periods.
Annual Capital Reinvestment Ratio for Plains All American Pipeline LP (1998–2025)
Year-by-year Capital Reinvestment Ratio for Plains All American Pipeline LP from 1998 to 2025. For live market cap and broader valuation context, see Plains All American Pipeline LP stock valuation.
| Year | Reinvestment Ratio | Operating CF (USD) | Capital Expenditures | YoY Change |
|---|---|---|---|---|
| 2025 | 0.22x | $2.94 Billion | $643.00 Million | ▼ -11.9% |
| 2024 | 0.25x | $2.49 Billion | $619.00 Million | ▲ +21.3% |
| 2023 | 0.20x | $2.73 Billion | $559.00 Million | ▲ +8.5% |
| 2022 | 0.19x | $2.41 Billion | $455.00 Million | ▲ +12.2% |
| 2021 | 0.17x | $2.00 Billion | $336.00 Million | ▼ -65.5% |
| 2020 | 0.49x | $1.51 Billion | $738.00 Million | ▲ +3.4% |
| 2019 | 0.47x | $2.50 Billion | $1.18 Billion | ▼ -24.7% |
| 2018 | 0.63x | $2.61 Billion | $1.63 Billion | ▲ +52.9% |
| 2017 | 0.41x | $2.50 Billion | $1.02 Billion | ▼ -77.7% |
| 2016 | 1.84x | $726.00 Million | $1.33 Billion | ▲ +18.8% |
| 2015 | 1.55x | $1.34 Billion | $2.08 Billion | ▲ +60.5% |
| 2014 | 0.96x | $2.00 Billion | $1.93 Billion | ▲ +16.8% |
| 2013 | 0.83x | $1.95 Billion | $1.61 Billion | ▼ -15.0% |
| 2012 | 0.97x | $1.24 Billion | $1.20 Billion | ▲ +249.5% |
| 2011 | 0.28x | $2.37 Billion | $657.00 Million | ▼ -84.0% |
| 2010 | 1.74x | $259.00 Million | $451.00 Million | ▲ +35.5% |
| 2009 | 1.28x | $365.00 Million | $469.00 Million | ▲ +87.0% |
| 2008 | 0.69x | $857.00 Million | $589.00 Million | ▼ -0.2% |
| 2007 | 0.69x | $796.00 Million | $548.00 Million | ▼ -89.9% |
| 2005 | 6.81x | $24.10 Million | $164.10 Million | ▲ +505.4% |
| 2004 | 1.12x | $103.97 Million | $116.94 Million | ▲ +17.8% |
| 2003 | 0.95x | $68.52 Million | $65.42 Million | ▲ +309.0% |
| 2002 | 0.23x | $173.89 Million | $40.59 Million | ▼ -32.4% |
| 1998 | 0.35x | $8.40 Million | $2.90 Million | — |