Plains All American Pipeline LP (PAA) — Free Cash Flow Generation Index
Plains All American Pipeline LP (PAA) has a Free Cash Flow Generation Index of 0.69x as of March 2026. Free cash flow of $288.00 Million represents 1% of operating cash flow ($418.00 Million). See PAA working capital efficiency to evaluate short-term liquidity relative to the company's equity base.
FCF Generation Index
Free Cash Flow
Operating Cash Flow
Capital Expenditures
Plains All American Pipeline LP Free Cash Flow Generation Index (1998–2025)
Historical FCF Generation Index trend for Plains All American Pipeline LP across 24 annual periods. Explore PAA operating cash flow to total debt to assess how comfortably operating cash covers total debt obligations.
Annual Free Cash Flow Generation for Plains All American Pipeline LP (1998–2025)
Year-by-year Free Cash Flow Generation Index for Plains All American Pipeline LP. For the full company profile including market capitalisation, see Plains All American Pipeline LP market cap and net worth.
| Year | FCG Index | Free Cash Flow (USD) | Operating CF | Capital Expenditures | YoY Change |
|---|---|---|---|---|---|
| 2025 | 0.78x | $2.29 Billion | $2.94 Billion | $643.00 Million | ▲ +3.9% |
| 2024 | 0.75x | $1.87 Billion | $2.49 Billion | $619.00 Million | ▼ -5.5% |
| 2023 | 0.80x | $2.17 Billion | $2.73 Billion | $559.00 Million | ▼ -2.0% |
| 2022 | 0.81x | $1.95 Billion | $2.41 Billion | $455.00 Million | ▼ -2.5% |
| 2021 | 0.83x | $1.66 Billion | $2.00 Billion | $336.00 Million | ▲ +62.3% |
| 2020 | 0.51x | $776.00 Million | $1.51 Billion | $738.00 Million | ▼ -3.0% |
| 2019 | 0.53x | $1.32 Billion | $2.50 Billion | $1.18 Billion | ▲ +41.5% |
| 2018 | 0.37x | $974.00 Million | $2.61 Billion | $1.63 Billion | ▼ -36.7% |
| 2017 | 0.59x | $1.48 Billion | $2.50 Billion | $1.02 Billion | ▲ +170.5% |
| 2016 | -0.84x | $-608.00 Million | $726.00 Million | $1.33 Billion | ▼ -53.1% |
| 2015 | -0.55x | $-735.00 Million | $1.34 Billion | $2.08 Billion | ▼ -1622.1% |
| 2014 | 0.04x | $72.00 Million | $2.00 Billion | $1.93 Billion | ▼ -79.4% |
| 2013 | 0.17x | $341.00 Million | $1.95 Billion | $1.61 Billion | ▲ +501.1% |
| 2012 | 0.03x | $36.00 Million | $1.24 Billion | $1.20 Billion | ▼ -96.0% |
| 2011 | 0.72x | $1.71 Billion | $2.37 Billion | $657.00 Million | ▲ +197.4% |
| 2010 | -0.74x | $-192.00 Million | $259.00 Million | $451.00 Million | ▼ -160.2% |
| 2009 | -0.28x | $-104.00 Million | $365.00 Million | $469.00 Million | ▼ -191.1% |
| 2008 | 0.31x | $268.00 Million | $857.00 Million | $589.00 Million | ▲ +0.4% |
| 2007 | 0.31x | $248.00 Million | $796.00 Million | $548.00 Million | ▲ +105.4% |
| 2005 | -5.81x | $-140.00 Million | $24.10 Million | $164.10 Million | ▼ -4554.5% |
| 2004 | -0.12x | $-12.98 Million | $103.97 Million | $116.94 Million | ▼ -375.7% |
| 2003 | 0.05x | $3.10 Million | $68.52 Million | $65.42 Million | ▼ -94.1% |
| 2002 | 0.77x | $133.30 Million | $173.89 Million | $40.59 Million | ▲ +17.1% |
| 1998 | 0.65x | $5.50 Million | $8.40 Million | $2.90 Million | — |