Plains All American Pipeline LP (PAA) — Free Cash Flow Generation Index

Latest as of March 2026: 0.69x

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). Read total liabilities of Plains All American Pipeline LP for a breakdown of total debt and financial obligations.

FCF Generation Index

0.69x
Free Cash Flow / Operating CF

Free Cash Flow

$288.00 Million
USD

Operating Cash Flow

$418.00 Million
USD

Capital Expenditures

$130.00 Million
USD

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 Plains All American Pipeline LP capital reinvestment ratio to see what proportion of operating cash flow is directed to capital expenditures.

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 stock valuation.

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
FCG Index = Free Cash Flow / Operating Cash Flow. FCF = Operating CF + Capital Expenditures (capex stored negative).