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PAA Financial Statements and Analysis

NASDAQ : PAA

Plains All American Pipeline, L.P.

$20.48
-0.14-0.68%
At Close 4:00 PM
$20.54
0.06+0.29%
Pre-Market 07:05 PM
61.58
BESG ScoreESG Rating

PAA FINANCIAL STATEMENTS

An instrumental part of fundamental analysis is measuring key indicators of an asset, which are the factors that can influence its value and price. However, sometimes investors show more interest in financial statements with other factors to determine whether investing in that company is the right decision. Financial statements of a company include:

  • Balance Sheet
  • Income Statement
  • Cash Flow Statement

PAA Income Statement

A company's income statement helps investors and business owners determine whether the company is profitable or losing money. Profitability is a key factor investors consider before investing in a stock. Income statements provide them with information about a company's profitability over time. The statement also enables them to observe trends in company spending and earnings since it breaks down individual costs and revenues. Income statements also provide details on where a company's money is going when it isn't profitable or its profits fluctuate.

Date2024-09-302024-06-302024-03-312023-12-312023-09-30
reported currencyUSDUSDUSDUSDUSD
calendar year20242024202420232023
periodQ3Q2Q1Q4Q3
revenue12.743B12.984B11.995B12.706B12.071B
cost of revenue483.00M12.455B11.529B12.179B11.738B
gross profit12.26B529.00M466.00M527.00M333.00M
gross profit ratio0.9620.0410.0390.0410.028
research and development expenses00000
general and administrative expenses98.00M93.00M96.00M87.00M92.00M
selling and marketing expenses00000
selling general and administrative expenses98.00M93.00M96.00M87.00M92.00M
other expenses11.815B12.116B11.171B6.00M11.373B
operating expenses11.913B93.00M96.00M87.00M92.00M
cost and expenses12.396B12.548B11.625B12.266B11.83B
interest income23.00M19.00M0-290.00M97.00M
interest expense113.00M111.00M95.00M99.00M97.00M
depreciation and amortization258.00M257.00M254.00M273.00M261.00M
ebitda344.00M632.00M624.00M713.00M601.00M
ebitda ratio0.0270.0530.0520.0560.05
operating income347.00M436.00M370.00M440.00M234.00M
operating income ratio0.0270.0340.0310.0350.019
total other income expenses net10.00M18.00M-5.00M-2.00M121.00M
income before tax357.00M392.00M365.00M438.00M265.00M
income before tax ratio0.0280.030.030.0340.022
income tax expense45.00M62.00M14.00M39.00M-14.00M
net income220.00M250.00M266.00M312.00M203.00M
net income ratio0.0170.0190.0220.0250.017
eps0.220.260.380.350.20
eps diluted0.220.260.380.350.20
weighted average shs out702.00M701.00M701.00M701.00M700.00M
weighted average shs out dil702.00M701.00M701.00M701.00M700.00M
Graph

PAA Balance Sheet

Balance sheet summarizes a company's financials and can be used as a basis by investors to determine the value of a company. It shows the value of the stock, as well as the assets and liabilities of the company. A company's balance sheet displays how its assets are put to use and how those assets are financed, based on the liabilities section. Both investors and analysts analyze a company's balance sheet to determine how it allocates its resources.

Date2024-09-302024-06-302024-03-312023-12-312023-09-30
reported currencyUSDUSDUSDUSDUSD
calendar year20242024202420232023
periodQ3Q2Q1Q4Q3
cash and cash equivalents640.00M553.00M331.00M450.00M260.00M
short term investments0055.00M057.00M
cash and short term investments640.00M553.00M331.00M450.00M260.00M
net receivables3.952B4.208B4.04B3.76B-327.00M
inventory436.00M502.00M453.00M548.00M327.00M
other current assets141.00M124.00M177.00M155.00M5.071B
total current assets5.169B5.387B5.001B4.913B5.331B
property plant equipment net15.949B15.928B15.969B16.095B15.904B
goodwill00000
intangible assets1.674B1.741B1.807B1.875B1.969B
goodwill and intangible assets1.674B1.741B1.807B1.875B1.969B
long term investments2.846B2.881B2.893B2.828B2.83B
tax assets019.00M000
other non current assets1.517B1.497B1.686B1.644B1.701B
total non current assets21.986B22.066B22.355B22.442B22.404B
other assets00000
total assets27.155B27.453B27.356B27.355B27.735B
account payables3.675B4.015B3.991B3.844B4.145B
short term debt765.00M765.00M554.00M515.00M710.00M
tax payables00000
deferred revenue0-5.406B-4.545B-4.29B-4.855B
other current liabilities696.00M626.00M599.00M4.934B5.606B
total current liabilities5.136B5.406B5.144B5.003B5.606B
long term debt7.481B7.49B7.569B7.305B7.576B
deferred revenue non current000337.00M0
deferred tax liabilities non current000535.00M0
other non current liabilities1.006B979.00M997.00M443.00M1.002B
total non current liabilities8.487B8.469B8.566B8.62B8.578B
other liabilities00000
capital lease obligations269.00M279.00M261.00M337.00M280.00M
total liabilities13.623B13.875B13.71B13.623B14.184B
preferred stock02.299B2.297B2.296B2.295B
common stock07.977B8.042B8.126B7.99B
retained earnings00000
accumulated other comprehensive income loss00000
other total stockholders equity13.532B0003.266B
total stockholders equity13.532B10.276B10.339B10.422B13.551B
total equity23.767B13.578B13.646B13.732B16.817B
total liabilities and stockholders equity27.155B27.453B27.356B27.355B27.735B
minority interest10.235B3.302B3.307B3.31B3.266B
total investments2.846B2.881B2.893B2.828B2.83B
total debt8.246B8.255B8.123B8.157B7.576B
net debt7.606B7.702B7.792B7.707B7.316B
Graph

PAA Cash Flow

A cash flow statement is regarded as a valuable indicator of profitability and the long-term outlook for a company. It assists the company in evaluating whether it has sufficient funds to cover its expenses. Essentially, a cash flow statement represents an organization's financial health. The cash flow statement, which measures the business's ability to operate in the short as well as long term, is broken down into operating, investing, and financing activities.

Date2024-09-302024-06-302024-03-312023-12-312023-09-30
reported currencyUSDUSDUSDUSDUSD
calendar year20242024202420232023
periodQ3Q2Q1Q4Q3
deferred income tax25.00M-7.00M-39.00M-2.00M-37.00M
stock based compensation-19.00M10.00M9.00M-546.00M98.00M
change in working capital201.00M-9.00M-192.00M308.00M-443.00M
accounts receivables000213.00M0
inventory000223.00M0
accounts payables000-242.00M0
other working capital201.00M-9.00M-192.00M114.00M-443.00M
other non cash items-258.00M683.00M638.00M667.00M-73.00M
net cash provided by operating activities691.00M653.00M419.00M1.011B85.00M
investments in property plant and equipment296.00M-139.00M-157.00M-155.00M-137.00M
acquisitions net-63.00M-5.00M-76.00M-2.00M-298.00M
purchases of investments3.00M0-3.00M-5.00M-9.00M
sales maturities of investments000-28.00M9.00M
other investing activites-1.082B-1.00M-13.00M38.00M-3.00M
net cash used for investing activites-846.00M-145.00M-249.00M-152.00M-438.00M
debt repayment-216.00M-110.00M-107.00M-267.00M0
common stock issued00000
common stock repurchased00000
dividends paid-572.00M-285.00M-287.00M-251.00M-249.00M
other financing activites1.027B-109.00M-105.00M-155.00M-59.00M
net cash used provided by financing activities239.00M-284.00M-285.00M-673.00M-308.00M
effect of forex changes on cash6.00M-2.00M-4.00M4.00M-12.00M
net change in cash87.00M222.00M-119.00M190.00M-673.00M
cash at end of period640.00M553.00M331.00M450.00M260.00M
cash at beginning of period553.00M331.00M450.00M260.00M933.00M
operating cashflow691.00M653.00M419.00M1.011B85.00M
capital expenditure296.00M-139.00M-157.00M-155.00M-137.00M
free cash flow987.00M514.00M262.00M856.00M-52.00M
Graph

Frequently Asked Questions

How did Plains All American Pipeline, L.P. do last quarter? What was its Total Revenue and Cost of Revenue?

A company's Total Revenue reveals how much money it generates before any expenses or deductions are made. As a result, this metric informs investors/stakeholders how much money the business makes. Tracking and understanding it is essential for evaluating a company's growth. As opposed to revenue, Cost of Revenue is any expenses a business incur to generate revenue. There can be high revenue in a business, but if the costs are high, it won't make a profit and will go out of business when money runs out. Therefore, PAA generated $12.74B in revenue last quarter, while its costs came in at $483.00M.

Last quarter, how much Gross Profit did Plains All American Pipeline, L.P. report?

A business's Gross Profit is a key indicator of its profitability and financial performance. In other words, it reflects how efficiently a business uses labor, raw materials, and other resources. Plains All American Pipeline, L.P. reported a $12.26B Gross Profit for the quarter ended Sep 30, 2024.

Have PAA's Total Operating Expenses and Operating Income been favorable recently?

Operational Expenses represent the costs a company must incur to generate revenue, which is the ultimate goal of a business, whereas Operating Income shows the revenue left after operational direct and indirect costs have been deducted. PAA incurred $11.91B worth of Operating Expenses, while it generated $347.00M worth of Operating Income.

How much Net Income has PAA posted recently?

The Net Income of a company is one of the factors investors consider when investing in the company. According to recent earnings report from Plains All American Pipeline, L.P., the company generated $220.00M in Net Income. When a company has a history of consistent net income, investors are more likely to invest in it since they know they will get a return.

At the end of the last quarter, how much Cash and Equivalents did Plains All American Pipeline, L.P. have?

The amount of Cash and Cash Equivalents is an effective indicator of the financial strength and well-being of a company. An excess cash situation occurs when a company has more cash and cash equivalents than it needs for operating activities. The amount of Cash and Cash Equivalents available to Plains All American Pipeline, L.P. as of the end of the last quarter was $640.00M.

What are PAA's Total Net Receivables for the last quarter?

Total Net Receivables are a company's outstanding debts to its customers. Therefore, it refers to the amount that a company expects to collect from its customers. The higher a company's net receivables are, the more confident it is that it can collect money from its debtors. As of the end of the last quarter, PAA had Total Net Receivables of $3.95B.

In terms of Total Assets and Current Assets, where did Plains All American Pipeline, L.P. stand at?

An asset with an economic value within a year is considered a current asset. Total assets, however, also include long-term fixed assets, intangible assets, and other non-current assets. The current Assets of PAA were $5.17B, while the Total Assets stand at $27.16B.

As of the last quarter, how much Total Debt did Plains All American Pipeline, L.P. have?

The total debt of a business refers to how much it borrows. A company's current and long-term liabilities are added together to calculate its Total Debt. A debt ratio may be taken into account on a balance sheet by financial lenders, investors, and business leaders when making informed decisions about future loans or investments. The total amount of PAA's debt was $8.25B at the end of the last quarter.

What were PAA's Total Liabilities during the last reported quarter?

A company's total liabilities are the sum of all debts it is liable for, including any off-balance shee liabilities it may incur. This can be calculated by adding up all short-term and long-term liabilities. In its last quarter, PAA reported total liabilities of $13.62B.

How much did PAA's Working Capital change over the last quarter?

Working Capital Change for PAA was $201.00M over the last quarter. Working Capital Change refers to the difference between net working capital amounts at the end of one accounting period and the end of another. It tells investors/stakeholders how much the company's cash flow will differ from its Net Income (i.e., after-tax profits). More powerful companies often have positive Change in Working Capital numbers as they have increased control over collecting cash from customers and delaying payments to suppliers.

PAA generated how much cash from operating activities?

An operating cash flow statement usually contains cash from operating activities in the first section. An organization's cash from operating activities refers to the money it takes in and takes out as a result of its regular business operations. PAA generated $691.00M of Cash from Operating Activities during its recently reported quarter.

What was PAA's latest reported Net Change in Cash?

An increase or decrease in cash and cash equivalent balances within a specified period is considered the net change in cash in a cash flow statement. Furthermore, it takes into account cash changes as a result of investments, financing, and operating activities. PAA reported a $87.00M Net Change in Cash in the most recent quarter.

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