Plains All American Pipeline L.P. Common (PAA) Revenue-to-Profit Sankey Flow & SEC XBRL Financials

$26.92 +1.18% NASDAQ • Public Delayed / 60s Snapshot

Plains All American Pipeline L.P. Common (PAA) carries a Roarable Rating of C- (Hold) with 61/100 RQD Confidence. The underlying business is intact, so current owners don’t need to panic-sell—but mixed big-money flow or rich pricing means new buyers can afford to wait for either a pullback or a B-or-higher upgrade.

ROARABLE C- • HOLD / WATCH Cap $18.99B
INTERACTIVE SCENARIO DECK:
🛡️ Portfolio Crash X-Ray
RQD QUANT TACHOMETERHOLD / WATCH • C-
025507510061
JEV AI Jury Split (Battleground)
Cash
SEC
Whale
5-PILLAR SNOWFLAKE RADARRw D+ · Rk B
Cash (10)Whales (10)SEC (16)Macro (13)CEO (12)
Each axis scored 0–20
12M PRICE TARGET CONE+1.3% Base Target
$32 Bull$27 Base$21 Bear
🔴 SUNDAY NIGHT PREP • 7:00 PM ET
WHALE OPTIONS TUG-OF-WAR:53% Call Buyers ($2.4M)
47% PutsMax Pain: $26.00
VISUAL REVENUE-TO-PROFIT SANKEY WATERFALL • FY 2025 (10-K)

How PAA Turns Every Dollar of Sales Into Real Bottom-Line Profit

Free Cash Flow:$2.29B (5.2% FCF Margin)
Revenue$44.26BGross Profit $3.83B (8.7%)Cost of Sales $40.43BOp Profit $1.43B (3.2%)OpEx (R&D/SG&A) $2.40BNet Profit$1.77B (4%)Tax/Other $0

Multi-Year SEC EDGAR XBRL Revenue, Net Profit & Free Cash Flow Trajectory

■ Revenue■ Net Profit■ Free Cash Flow
FY23
Rev $47.34B
FY24
Rev $48.89B
FY25
Rev $44.26B
Fiscal YearRevenueGross MarginOp MarginNet ProfitFree Cash FlowROIC %
FY 2025$44.26B8.7%3.2%$1.77B$2.29B5.3%
FY 2024$48.89B7.6%1.8%$1.11B$2.04B3.7%
FY 2023$47.34B44%2.7%$1.50B$596.9M2.9%
🔴 SUNDAY NIGHT PREP • 7:00 PM ETHosted Live by Perry Belcher & Guest Forensic Quant Desk

Red-Light Warning Desk: How Pros Profit When Overhyped Stocks Crack (Featuring PAA)

  • ✓Live walkthrough of PAA's RQD Radar, SEC cash-conversion gap & downside levels
  • ✓3 asymmetric Bear/Hedge setups institutions use when 10-year yields stay elevated
  • ✓Includes instant 24/7 email alert whenever any of your stocks flip to Red
RQD INSIDER CLUB UPGRADE$49/YEAR
Want Plain-English AI Custom Indicators, Daily Pro Trader Video Clips & SMS Crash Alerts?
PAA // CANDLESTICK & AUTO-TRENDLINE WORKSTATION6M: +15.16%▲ ASCENDING CHANNEL
2026-10-30O $26.58H $26.75L $26.44C $26.51VOL 3.64M
RES: $27.84SUP: $23.79SMA50: $25.23SMA200: $22.83
$27.56$25.17$22.77$20.38$17.99RES $27.84SUP $23.79$26.512026-04-302026-06-152026-07-312026-09-162026-10-30
PRIMARY-SOURCE FORENSICS, SECOND-ORDER LINKS & AI ANALYST DESK

PAA Dilution Monitor, Expectations Hurdle, Butterfly Connections & Policy Exposure

Share Count & Dilution Monitor (#25)

Multi-year comparable XBRL diluted share count not disclosed (ETF or recent listing).

Reverse-DCF Expectations Hurdle (#30)
0.2%/yr Implied 5Y Growth

vs. -9.5% actual YoY revenue growth (assuming 9.25% cost of equity & 16.5x terminal multiple).

Ellis Vennor Setup Ledger (#33)

No active Ellis Vennor swing setup published on PAA today. View full Setup Ledger →

🦋 Documented & Second-Order Butterfly Connections Open Graph →

No direct multi-tier Butterfly edges indexed yet for PAA. Explore sector supply chains on /butterfly.

AI Analyst Theses, Washington Policy & Company Video
🎬 No recent verified company-specific video clip queued for PAA today (we never pad ticker pages with unrelated generic clips). Browse Macro Video Desk →

PAA Investor FAQ & Complete 8-Part Research Index

100% OPEN ACCESS • SEC EDGAR × CBOE × FRED

How profitable is Plains All American Pipeline L.P. Common (PAA)?

In FY 2025 (10-K), PAA converted $44.3B of revenue into a 8.7% gross margin, 3.2% operating margin, and $2.3B in free cash flow (5.2% FCF margin).