Plains All American Pipeline LP (PAA) — Cash Flow Reinvestment Rate

Latest as of March 2026: 0.31x

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. Check earnings quality score of Plains All American Pipeline LP to evaluate the quality of earnings relative to operating cash generation.

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

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

Historical reinvestment intensity for Plains All American Pipeline LP across 24 annual periods. Explore investment intensity of Plains All American Pipeline LP to see how much of total assets are deployed in long-term investments.

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

Year-by-year capital reinvestment analysis for Plains All American Pipeline LP. For live market cap and broader valuation context, see PAA company net worth.

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