Back to Plains All American Pipeline, L.P.

How Plains All American Pipeline, L.P. stacks up

PAA · against 196 other Energy companies listed in US-listed

Profitability

51/ 100

Below the middle of the pack.

Ranked #102 of 197 · scores higher than 47% of peers

Bars: peers in each 10-point band of the profitability score

19 peers with a profitability score of 50–59, including PAA · Click a bar to see the companies

Why profitability scores 51?

Weighted metrics compared with all Energy companies.

A mix: stronger return on assets, but weaker operating margin and return on invested capital than most Energy peers.

a thinner operating margin: weaker than 80% of peers. Operating margin: 3.1% vs peer median 11.7%
a lower return on invested capital: weaker than 62% of peers. Return on invested capital: 6.9% vs peer median 9.3%
a higher return on assets: stronger than 89% of peers. Return on assets: 10.6% vs peer median 4.4%

Metric by metric

Position: dot = PAA, ranked from the worst peer (left) to the best (right); tick = middle, shaded = middle half of peers.

Metric	PAA	Peer median	Better than	Weight
Return on invested capitalHigher is better · 190 reported	6.9%	9.2%	39%	33%
Operating marginHigher is better · 193 reported	3.1%	13.4%	20%	33%
Return on assetsHigher is better · 194 reported	10.6%	4.4%	87%	33%
Return on equityHigher is better · 190 reported	10.2%	11.8%	44%	Context only
Gross marginHigher is better · 197 reported	5.5%	41.2%	6%	Context only

Ranking by profitability score

Top 5 and the companies ranked around PAA

Rank	Company	Market cap	Profitability	Overall
1	Texas Pacific Land CorporationTPL · US-listed	22.9B USD	100	72
2	Natural Resource Partners L.P.NRP · US-listed	1.6B USD	99	61
2	Permian Basin Royalty TrustPBT · US-listed	1.3B USD	99	59
2	Sabine Royalty TrustSBR · US-listed	1.0B USD	99	72
5	Black Stone Minerals, L.P.BSM · US-listed	3.2B USD	98	66
⋯
100	Excelerate Energy, Inc.EE · US-listed	4.0B USD	52	48
100	Natural Gas Services Group, Inc.NGS · US-listed	408M USD	52	55
102	Cameco CorporationCCJ · US-listed	31.6B USD	51	56
102	ONEOK, Inc.OKE · US-listed	58.0B USD	51	48
102	Plains All American Pipeline, L.P.PAA · US-listed	18.2B USD	51	64
105	Uranium Royalty Corp.UROY · US-listed	1.2B USD	49	48
106	Plains GP Holdings, L.P.PAGP · US-listed	6.4B USD	48	68
106	TotalEnergies SETTE · US-listed	204.7B USD	48	44
108	Delek Logistics Partners, LPDKL · US-listed	3.1B USD	47	39

Scores are sector-relative percentiles from the latest snapshot, always calculated against the whole sector: narrowing the comparison group changes who you compare with, not the scores. Missing metrics are left out and the remaining weights rescaled. How we score

Bringing the fundamentals into focus…