Plains All American Pipeline LP Financial Flexibility Index
Plains All American Pipeline LP financial flexibility index. Plains All American Pipeline LP (PAA) has a Financial Flexibility Index of 0.03x as of March 2026. Free cash flow of $548.00 Million (operating CF $418.00 Million minus capex $130.00 Million) represents 0% of total liabilities ($18.82 Billion). See PAA free cash flow generation to measure how efficiently the company converts operating cash flow to free cash.
Financial Flexibility Index
Free Cash Flow
Total Liabilities
Capital Expenditures
Financial Flexibility Index of Plains All American Pipeline LP (1997–2025)
Financial flexibility index of Plains All American Pipeline LP from 1997 to 2025. Historical Financial Flexibility Index trend for Plains All American Pipeline LP across 29 annual periods. Check earnings quality score of Plains All American Pipeline LP to evaluate the quality of earnings relative to operating cash generation.
Plains All American Pipeline LP Financial Flexibility Index by Year (1997–2025)
Plains All American Pipeline LP financial flexibility index by year from 1997 to 2025. Year-by-year free cash flow to debt coverage for Plains All American Pipeline LP. For the full cash flow conversion analysis, see Plains All American Pipeline LP cash conversion from operations.
| Year | Flexibility Index | Free Cash Flow (USD) | Operating CF | Total Liabilities | YoY Change |
|---|---|---|---|---|---|
| 2025 | 0.21x | $3.58 Billion | $2.94 Billion | $17.09 Billion | ▼ -9.3% |
| 2024 | 0.23x | $3.11 Billion | $2.49 Billion | $13.47 Billion | ▼ -4.3% |
| 2023 | 0.24x | $3.29 Billion | $2.73 Billion | $13.62 Billion | ▲ +22.7% |
| 2022 | 0.20x | $2.86 Billion | $2.41 Billion | $14.57 Billion | ▲ +33.2% |
| 2021 | 0.15x | $2.33 Billion | $2.00 Billion | $15.80 Billion | ▼ -3.3% |
| 2020 | 0.15x | $2.25 Billion | $1.51 Billion | $14.76 Billion | ▼ -35.9% |
| 2019 | 0.24x | $3.69 Billion | $2.50 Billion | $15.48 Billion | ▼ -24.2% |
| 2018 | 0.31x | $4.24 Billion | $2.61 Billion | $13.51 Billion | ▲ +28.3% |
| 2017 | 0.24x | $3.52 Billion | $2.50 Billion | $14.39 Billion | ▲ +82.9% |
| 2016 | 0.13x | $2.06 Billion | $726.00 Million | $15.39 Billion | ▼ -43.9% |
| 2015 | 0.24x | $3.42 Billion | $1.34 Billion | $14.35 Billion | ▼ -14.8% |
| 2014 | 0.28x | $3.94 Billion | $2.00 Billion | $14.06 Billion | ▼ -0.7% |
| 2013 | 0.28x | $3.57 Billion | $1.95 Billion | $12.66 Billion | ▲ +39.4% |
| 2012 | 0.20x | $2.44 Billion | $1.24 Billion | $12.09 Billion | ▼ -36.9% |
| 2011 | 0.32x | $3.02 Billion | $2.37 Billion | $9.43 Billion | ▲ +325.9% |
| 2010 | 0.08x | $710.00 Million | $259.00 Million | $9.43 Billion | ▼ -25.9% |
| 2009 | 0.10x | $834.00 Million | $365.00 Million | $8.21 Billion | ▼ -54.5% |
| 2008 | 0.22x | $1.45 Billion | $857.00 Million | $6.48 Billion | ▲ +7.6% |
| 2007 | 0.21x | $1.34 Billion | $796.00 Million | $6.48 Billion | ▲ +1710.9% |
| 2006 | 0.01x | $65.70 Million | $-275.30 Million | $5.74 Billion | ▼ -83.0% |
| 2005 | 0.07x | $188.20 Million | $24.10 Million | $2.79 Billion | ▼ -36.2% |
| 2004 | 0.11x | $220.91 Million | $103.97 Million | $2.09 Billion | ▲ +6.4% |
| 2003 | 0.10x | $133.93 Million | $68.52 Million | $1.35 Billion | ▼ -46.5% |
| 2002 | 0.19x | $214.48 Million | $173.89 Million | $1.15 Billion | ▲ +1894.5% |
| 2001 | -0.01x | $-8.88 Million | $-29.95 Million | $858.45 Million | ▲ +66.7% |
| 2000 | -0.03x | $-20.91 Million | $-33.51 Million | $671.80 Million | ▼ -138.4% |
| 1999 | 0.08x | $83.50 Million | $-106.20 Million | $1.03 Billion | ▲ +138.6% |
| 1998 | 0.03x | $11.30 Million | $8.40 Million | $332.60 Million | ▲ +140.0% |
| 1997 | -0.08x | $-12.19 Million | $-12.87 Million | $143.64 Million | — |