Plains All American Pipeline LP Tangible Net Worth Ratio
Plains All American Pipeline LP tangible net worth ratio. Plains All American Pipeline LP (PAA) has a Tangible Net Worth Ratio of 86.8% as of March 2026. This metric is calculated by deducting intangible assets ($1.69 Billion) from net assets ($12.82 Billion) and expressing it as a percentage of total net assets. A higher ratio means that more of the company's equity is backed by tangible, balance-sheet-verifiable assets rather than goodwill, patents, or brand value. Check Plains All American Pipeline LP strategic capital allocation to assess the company's strategic physical and investment asset allocation.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Tangible Net Worth Ratio of Plains All American Pipeline LP (1997–2025)
Tangible net worth ratio of Plains All American Pipeline LP from 1997 to 2025. This chart shows how Plains All American Pipeline LP's Tangible Net Worth Ratio has changed across 29 annual periods from 1997 to 2025. As of March 2026, the ratio stands at 86.8%, reflecting net assets of $12.82 Billion with intangible assets of $1.69 Billion USD. See PAA net working capital ratio to evaluate short-term liquidity relative to the company's equity base.
Plains All American Pipeline LP Tangible Net Worth Ratio by Year (1997–2025)
Plains All American Pipeline LP tangible net worth ratio by year from 1997 to 2025. The table below presents the year-by-year Tangible Net Worth Ratio for Plains All American Pipeline LP from 1997 to 2025, covering 29 annual filings. Each row shows net assets, intangible assets, total assets, the tangible net worth ratio, and the change in percentage points versus the prior year. For live market cap and overall valuation, see how much is Plains All American Pipeline LP worth.
| Year | Tangible NW Ratio | Net Assets (USD) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2025 | 86.6% | $13.08 Billion | $1.75 Billion | $30.17 Billion | ▼ -0.6 pp |
| 2024 | 87.2% | $13.10 Billion | $1.68 Billion | $26.56 Billion | ▲ +0.8 pp |
| 2023 | 86.3% | $13.73 Billion | $1.88 Billion | $27.36 Billion | ▲ +2.4 pp |
| 2022 | 83.9% | $13.32 Billion | $2.15 Billion | $27.89 Billion | ▼ -0.8 pp |
| 2021 | 84.7% | $12.81 Billion | $1.96 Billion | $28.61 Billion | ▼ -7.0 pp |
| 2020 | 91.7% | $9.74 Billion | $805.00 Million | $24.50 Billion | ▼ -2.9 pp |
| 2019 | 94.6% | $13.20 Billion | $707.00 Million | $28.68 Billion | ▲ +1.1 pp |
| 2018 | 93.6% | $12.00 Billion | $772.00 Million | $25.51 Billion | ▲ +1.3 pp |
| 2017 | 92.3% | $10.96 Billion | $844.00 Million | $25.35 Billion | ▼ -5.0 pp |
| 2016 | 97.3% | $8.82 Billion | $242.00 Million | $24.21 Billion | ▲ +0.8 pp |
| 2015 | 96.4% | $7.94 Billion | $283.00 Million | $22.29 Billion | ▲ +0.9 pp |
| 2014 | 95.5% | $8.19 Billion | $366.00 Million | $22.26 Billion | ▲ +1.0 pp |
| 2013 | 94.5% | $7.70 Billion | $420.00 Million | $20.36 Billion | ▲ +1.2 pp |
| 2012 | 93.4% | $7.15 Billion | $473.00 Million | $19.23 Billion | ▲ +31.7 pp |
| 2011 | 61.7% | $5.96 Billion | $2.28 Billion | $15.38 Billion | ▼ -2.3 pp |
| 2010 | 63.9% | $4.57 Billion | $1.65 Billion | $14.00 Billion | ▼ -0.2 pp |
| 2009 | 64.1% | $4.15 Billion | $1.49 Billion | $12.36 Billion | ▲ +2.9 pp |
| 2008 | 61.2% | $3.55 Billion | $1.38 Billion | $10.03 Billion | ▼ -4.3 pp |
| 2007 | 65.5% | $3.42 Billion | $1.18 Billion | $9.91 Billion | ▲ +4.0 pp |
| 2006 | 61.6% | $2.98 Billion | $1.14 Billion | $8.71 Billion | ▼ -34.9 pp |
| 2005 | 96.4% | $1.33 Billion | $47.40 Million | $4.12 Billion | ▼ -3.6 pp |
| 2004 | 100.0% | $1.07 Billion | $0.00 | $3.16 Billion | ▲ +0.0 pp |
| 2003 | 100.0% | $746.73 Million | $0.00 | $2.10 Billion | ▲ +0.0 pp |
| 2002 | 100.0% | $511.61 Million | $0.00 | $1.67 Billion | ▲ +0.0 pp |
| 2001 | 100.0% | $402.80 Million | $0.00 | $1.26 Billion | ▲ +0.0 pp |
| 2000 | 100.0% | $214.00 Million | $0.00 | $885.80 Million | ▲ +0.0 pp |
| 1999 | 100.0% | $193.00 Million | $0.00 | $1.22 Billion | ▲ +0.0 pp |
| 1998 | 100.0% | $277.60 Million | $0.00 | $610.20 Million | ▲ +0.0 pp |
| 1997 | 100.0% | $5.97 Million | $0.00 | $149.62 Million | — |