Plains All American Pipeline LP (PAA) — Cash Flow Quality Index
Plains All American Pipeline LP (PAA) has a Cash Flow Quality Index of 1.64x as of March 2026. Operating cash flow of $418.00 Million exceeds net income of $255.00 Million, indicating high earnings quality where cash backs reported profits. Explore cash flow to debt ratio of Plains All American Pipeline LP to assess how comfortably operating cash covers total debt obligations.
Cash Flow Quality Index
Operating Cash Flow
Net Income
Data as of
Plains All American Pipeline LP Cash Flow Quality Index (1997–2025)
Historical Cash Flow Quality Index for Plains All American Pipeline LP across 27 annual periods. Values consistently above 1.0x indicate high-quality earnings. For the full cash flow conversion analysis, see PAA cash flow metrics.
Annual Cash Flow Quality Index for Plains All American Pipeline LP (1997–2025)
Year-by-year earnings quality comparison for Plains All American Pipeline LP.
| Year | Quality Index | Operating CF (USD) | Net Income | YoY Change |
|---|---|---|---|---|
| 2025 | 2.81x | $2.94 Billion | $1.04 Billion | ▲ +25.6% |
| 2024 | 2.24x | $2.49 Billion | $1.11 Billion | ▲ +23.2% |
| 2023 | 1.82x | $2.73 Billion | $1.50 Billion | ▼ -7.4% |
| 2022 | 1.96x | $2.41 Billion | $1.23 Billion | ▼ -36.3% |
| 2021 | 3.08x | $2.00 Billion | $648.00 Million | ▲ +168.2% |
| 2019 | 1.15x | $2.50 Billion | $2.18 Billion | ▼ -2.4% |
| 2018 | 1.18x | $2.61 Billion | $2.22 Billion | ▼ -59.6% |
| 2017 | 2.91x | $2.50 Billion | $858.00 Million | ▲ +192.9% |
| 2016 | 0.99x | $726.00 Million | $730.00 Million | ▼ -33.0% |
| 2015 | 1.48x | $1.34 Billion | $906.00 Million | ▲ +2.6% |
| 2014 | 1.45x | $2.00 Billion | $1.39 Billion | ▲ +2.9% |
| 2013 | 1.40x | $1.95 Billion | $1.39 Billion | ▲ +27.7% |
| 2012 | 1.10x | $1.24 Billion | $1.13 Billion | ▼ -100.0% |
| 2011 | 2365.00x | $2.37 Billion | $1.00 Million | ▲ +469247.5% |
| 2010 | 0.50x | $259.00 Million | $514.00 Million | ▼ -19.9% |
| 2009 | 0.63x | $365.00 Million | $580.00 Million | ▼ -67.9% |
| 2008 | 1.96x | $857.00 Million | $437.00 Million | ▼ -10.1% |
| 2007 | 2.18x | $796.00 Million | $365.00 Million | ▲ +325.8% |
| 2006 | -0.97x | $-275.30 Million | $285.10 Million | ▼ -972.7% |
| 2005 | 0.11x | $24.10 Million | $217.80 Million | ▼ -86.2% |
| 2004 | 0.80x | $103.97 Million | $130.01 Million | ▼ -30.6% |
| 2003 | 1.15x | $68.52 Million | $59.45 Million | ▼ -56.7% |
| 2002 | 2.66x | $173.89 Million | $65.29 Million | ▲ +492.8% |
| 2001 | -0.68x | $-29.95 Million | $44.18 Million | ▼ -56.8% |
| 2000 | -0.43x | $-33.51 Million | $77.50 Million | ▼ -121.6% |
| 1998 | 2.00x | $8.40 Million | $4.20 Million | ▲ +133.3% |
| 1997 | -6.01x | $-12.87 Million | $2.14 Million | — |