Plains All American Pipeline LP Cash Flow Reinvestment Rate

Latest as of March 2026: 0.31x

Plains All American Pipeline LP cash flow reinvestment rate. Plains All American Pipeline LP (PAA) has a Cash Flow Reinvestment Rate of 0.31x as of March 2026, reinvesting $130.00 Million (capex $130.00 Million ) from operating cash flow of $418.00 Million. Explore Plains All American Pipeline LP cash debt coverage ratio to assess how comfortably operating cash covers total debt obligations.

Reinvestment Rate

0.31x
(Capex + Investments) / Operating CF

Total Reinvested

$130.00 Million
Capex + Investments

Operating Cash Flow

$418.00 Million
USD

Capital Expenditures

$130.00 Million
USD

Cash Flow Reinvestment Rate of Plains All American Pipeline LP (1998–2025)

Cash flow reinvestment rate of Plains All American Pipeline LP from 1998 to 2025. Historical reinvestment intensity for Plains All American Pipeline LP across 24 annual periods. Explore PAA capital reinvestment ratio to see what proportion of operating cash flow is directed to capital expenditures.

Plains All American Pipeline LP Cash Flow Reinvestment Rate by Year (1998–2025)

Plains All American Pipeline LP cash flow reinvestment rate by year from 1998 to 2025. Year-by-year capital reinvestment analysis for Plains All American Pipeline LP. For the full cash flow conversion analysis, see PAA cash flow metrics.

Year Reinvestment Rate Total Reinvested (USD) Operating CF Capex YoY Change
2025 0.22x $643.00 Million $2.94 Billion $643.00 Million ▼ -74.3%
2024 0.85x $2.12 Billion $2.49 Billion $619.00 Million ▲ +87.8%
2023 0.45x $1.24 Billion $2.73 Billion $559.00 Million ▲ +11.4%
2022 0.41x $981.00 Million $2.41 Billion $455.00 Million ▲ +89.1%
2021 0.22x $430.00 Million $2.00 Billion $336.00 Million ▼ -82.2%
2020 1.21x $1.83 Billion $1.51 Billion $738.00 Million ▲ +2.8%
2019 1.18x $2.95 Billion $2.50 Billion $1.18 Billion ▲ +86.6%
2018 0.63x $1.64 Billion $2.61 Billion $1.63 Billion ▲ +50.7%
2017 0.42x $1.04 Billion $2.50 Billion $1.02 Billion ▼ -88.4%
2016 3.59x $2.61 Billion $726.00 Million $1.33 Billion ▲ +107.0%
2015 1.74x $2.33 Billion $1.34 Billion $2.08 Billion ▲ +9.4%
2014 1.59x $3.18 Billion $2.00 Billion $1.93 Billion ▲ +77.5%
2013 0.89x $1.75 Billion $1.95 Billion $1.61 Billion ▼ -9.3%
2012 0.98x $1.22 Billion $1.24 Billion $1.20 Billion ▲ +254.5%
2011 0.28x $657.00 Million $2.37 Billion $657.00 Million ▼ -90.0%
2010 2.78x $719.00 Million $259.00 Million $451.00 Million ▲ +106.4%
2009 1.35x $491.00 Million $365.00 Million $469.00 Million ▲ +95.7%
2008 0.69x $589.00 Million $857.00 Million $589.00 Million ▼ -0.2%
2007 0.69x $548.00 Million $796.00 Million $548.00 Million ▼ -89.9%
2005 6.81x $164.10 Million $24.10 Million $164.10 Million ▲ +505.4%
2004 1.12x $116.94 Million $103.97 Million $116.94 Million ▲ +17.8%
2003 0.95x $65.42 Million $68.52 Million $65.42 Million ▲ +309.0%
2002 0.23x $40.59 Million $173.89 Million $40.59 Million ▼ -32.4%
1998 0.35x $2.90 Million $8.40 Million $2.90 Million —
Cash Flow Reinvestment Rate = (ABS(Capex) + ABS(Investments)) / Operating Cash Flow