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). Explore reinvestment intensity of Plains All American Pipeline LP to see what proportion of operating cash flow is directed to capital expenditures.
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. For the full cash flow conversion analysis, see Plains All American Pipeline LP operating cash flow efficiency.
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. Check Plains All American Pipeline LP investment reinvestment rate to assess the company's total reinvestment commitment from operating cash flow.
| 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 | — |