Financhill
Buy
68

PAA Quote, Financials, Valuation and Earnings

Last price:
$17.70
Seasonality move :
5.48%
Day range:
$17.72 - $17.84
52-week range:
$15.58 - $21.00
Dividend yield:
8.57%
P/E ratio:
14.38x
P/S ratio:
0.27x
P/B ratio:
1.62x
Volume:
1.1M
Avg. volume:
2.7M
1-year change:
3.56%
Market cap:
$12.5B
Revenue:
$50.3B
EPS (TTM):
$1.23
Period Ending 2020-12-31 2021-12-31 2022-12-31 2023-12-31 2024-12-31
Revenue $23.6B $42.7B $57.1B $48.7B $50.3B
Revenue Growth (YoY) -29.27% 81.07% 33.68% -14.64% 3.18%
 
Cost of Revenues $22.2B $40.4B $55.5B $47B $48.3B
Gross Profit $1.4B $2.3B $1.6B $1.8B $2B
Gross Profit Margin 6.05% 5.39% 2.78% 3.66% 3.93%
 
R&D Expenses -- -- -- -- --
Selling, General & Admin $271M $292M $325M $350M $381M
Other Inc / (Exp) -$3B -$297M $261M $624M $302M
Operating Expenses $271M $292M $325M $350M $381M
Operating Income $1.2B $2B $1.3B $1.4B $1.6B
 
Net Interest Expenses $436M $425M $405M $386M $430M
EBT. Incl. Unusual Items -$2.6B $721M $1.4B $1.6B $1.3B
Earnings of Discontinued Ops. -- -- -- -- --
Income Tax Expense -$19M $73M $189M $121M $167M
Net Income to Company -$2.6B $648M $1.2B $1.5B $1.1B
 
Minority Interest in Earnings $10M $55M $191M $272M $341M
Net Income to Common Excl Extra Items -$2.6B $646M $1.2B $1.5B $1.1B
 
Basic EPS (Cont. Ops) -$3.83 $0.55 $1.19 $1.40 $0.73
Diluted EPS (Cont. Ops) -$3.83 $0.55 $1.19 $1.40 $0.73
Weighted Average Basic Share $728M $716M $701M $699M $702M
Weighted Average Diluted Share $728M $716M $701M $699M $702M
 
EBITDA $1.8B $2.8B $2.2B $2.5B $2.6B
EBIT $1.2B $2B $1.3B $1.4B $1.6B
 
Revenue (Reported) $23.6B $42.7B $57.1B $48.7B $50.3B
Operating Income (Reported) $1.2B $2B $1.3B $1.4B $1.6B
Operating Income (Adjusted) $1.2B $2B $1.3B $1.4B $1.6B
Period Ending 2021-09-30 2022-09-30 2023-09-30 2024-09-30 2025-09-30
Revenue $11B $14B $12.2B $12.5B $11.6B
Revenue Growth (YoY) 86.86% 27.63% -12.86% 2.29% -7.42%
 
Cost of Revenues $10.5B $13.7B $11.7B $12.2B $11.1B
Gross Profit $439M $366M $492M $314M $462M
Gross Profit Margin 4% 2.61% 4.03% 2.51% 4%
 
R&D Expenses -- -- -- -- --
Selling, General & Admin $67M $83M $92M $98M $83M
Other Inc / (Exp) -$162M $24M $111M $99M --
Operating Expenses $67M $83M $92M $86M $83M
Operating Income $372M $283M $400M $228M $379M
 
Net Interest Expenses $106M $99M $97M $113M $135M
EBT. Incl. Unusual Items -$85M $551M $265M $206M $459M
Earnings of Discontinued Ops. -- -- -- $114M $76M
Income Tax Expense -$30M $109M -$14M $8M $6M
Net Income to Company -$55M $442M $279M $312M $529M
 
Minority Interest in Earnings $4M $58M $76M $92M $88M
Net Income to Common Excl Extra Items -$56M $440M $279M $198M $453M
 
Basic EPS (Cont. Ops) -$0.15 $0.48 $0.20 $0.22 $0.55
Diluted EPS (Cont. Ops) -$0.15 $0.48 $0.20 $0.22 $0.55
Weighted Average Basic Share $715M $698M $700M $702M $704M
Weighted Average Diluted Share $715M $698M $700M $702M $704M
 
EBITDA $550M $521M $660M $454M $609M
EBIT $372M $283M $400M $228M $379M
 
Revenue (Reported) $11B $14B $12.2B $12.5B $11.6B
Operating Income (Reported) $372M $283M $400M $228M $379M
Operating Income (Adjusted) $372M $283M $400M $228M $379M
Period Ending 2021-09-30 2022-09-30 2023-09-30 2024-09-30 2025-09-30
Revenue $36.1B $57B $48.9B $50.1B $46.7B
Revenue Growth (YoY) -- -- -- -- --
 
Cost of Revenues $34B $55.2B $47.4B $48.2B $44.8B
Gross Profit $2.2B $1.8B $1.5B $1.9B $1.9B
Gross Profit Margin -- -- -- -- --
 
R&D Expenses -- -- -- -- --
Selling, General & Admin $276M $330M $345M $374M $358M
Other Inc / (Exp) -$369M $207M $663M $408M --
Operating Expenses $276M $330M $345M $348M $358M
Operating Income $1.9B $1.5B $1.2B $1.6B $1.5B
 
Net Interest Expenses $428M $411M $390M $416M $507M
EBT. Incl. Unusual Items $85M $1.7B $1.5B $1.4B $1.4B
Earnings of Discontinued Ops. -- -- -- $146M $146M
Income Tax Expense -$42M $265M $94M $113M $105M
Net Income to Company $127M $1.4B $1.4B $1.4B $1.5B
 
Minority Interest in Earnings $12M $190M $232M $344M $331M
Net Income to Common Excl Extra Items $123M $1.4B $1.4B $1.2B $1.3B
 
Basic EPS (Cont. Ops) -$0.12 $1.45 $1.34 $1.12 $1.23
Diluted EPS (Cont. Ops) -$0.12 $1.45 $1.34 $1.12 $1.23
Weighted Average Basic Share
Weighted Average Diluted Share
 
EBITDA $2.6B $2.4B $2.2B $2.5B $2.5B
EBIT $1.9B $1.5B $1.2B $1.6B $1.5B
 
Revenue (Reported) $36.1B $57B $48.9B $50.1B $46.7B
Operating Income (Reported) $1.9B $1.5B $1.2B $1.6B $1.5B
Operating Income (Adjusted) $1.9B $1.5B $1.2B $1.6B $1.5B
Period Ending 2021-09-30 2022-09-30 2023-09-30 2024-09-30 2025-09-30
Revenue $29.9B $44.2B $36B $37.4B $34.3B
Revenue Growth (YoY) -- -- -- -- --
 
Cost of Revenues $28.1B $42.9B $34.8B $36B $32.8B
Gross Profit $1.8B $1.3B $1.3B $1.4B $1.5B
Gross Profit Margin -- -- -- -- --
 
R&D Expenses -- -- -- -- --
Selling, General & Admin $206M $243M $263M $287M $265M
Other Inc / (Exp) -$388M $115M $518M $296M $208M
Operating Expenses $206M $243M $263M $261M $265M
Operating Income $1.6B $1.1B $995M $1.1B $1.3B
 
Net Interest Expenses $320M $305M $290M $319M $395M
EBT. Incl. Unusual Items $136M $1.1B $1.2B $921M $1.3B
Earnings of Discontinued Ops. -- -- -- $146M $146M
Income Tax Expense -$16M $177M $82M $74M $60M
Net Income to Company $152M $918M $1.1B $993M $1.3B
 
Minority Interest in Earnings $9M $144M $185M $257M $248M
Net Income to Common Excl Extra Items $149M $914M $1.1B $840M $1.2B
 
Basic EPS (Cont. Ops) -$0.01 $0.89 $1.04 $0.77 $1.27
Diluted EPS (Cont. Ops) -$0.01 $0.89 $1.04 $0.77 $1.27
Weighted Average Basic Share $2.2B $2.1B $2.1B $2.1B $2.1B
Weighted Average Diluted Share $2.2B $2.1B $2.1B $2.1B $2.1B
 
EBITDA $2.1B $1.8B $1.8B $1.8B $2B
EBIT $1.6B $1.1B $995M $1.1B $1.3B
 
Revenue (Reported) $29.9B $44.2B $36B $37.4B $34.3B
Operating Income (Reported) $1.6B $1.1B $995M $1.1B $1.3B
Operating Income (Adjusted) $1.6B $1.1B $995M $1.1B $1.3B
Period Ending 2020-12-31 2021-12-31 2022-12-31 2023-12-31 2024-12-31
Cash and Equivalents $60M $453M $401M $450M $348M
Short Term Investments -- -- -- -- --
Accounts Receivable, Net $2.5B $4B $4.1B $4B $4.1B
Inventory $647M $783M $729M $548M $439M
Prepaid Expenses -- -- -- -- --
Other Current Assets $405M $200M $318M $155M $114M
Total Current Assets $3.7B $6.1B $5.4B $4.9B $4.8B
 
Property Plant And Equipment $15B $15.3B $15.6B $16.1B $15.8B
Long-Term Investments $3.8B $3.9B $3.1B $2.8B $2.8B
Goodwill -- -- -- -- --
Other Intangibles $805M $2B $2.1B $1.9B $1.7B
Other Long-Term Assets $1.3B $1.4B $1.7B $1.7B $1.5B
Total Assets $24.5B $28.6B $27.9B $27.4B $26.6B
 
Accounts Payable $2.4B $4.8B $4B $3.8B $3.9B
Accrued Expenses -- -- -- -- --
Current Portion Of Long-Term Debt $117M $822M $1.2B $13M $15M
Current Portion Of Capital Lease Obligations $78M $77M -- -- --
Other Current Liabilities $907M $523M $688M $713M $661M
Total Current Liabilities $4.3B $6.2B $5.9B $5B $5B
 
Long-Term Debt $9.7B $8.8B $7.6B $7.6B $7.6B
Capital Leases -- -- -- -- --
Total Liabilities $14.8B $15.8B $14.6B $13.6B $13.5B
 
Common Stock $7.3B $7.7B $7.8B $8.1B $7.5B
Other Common Equity Adj -- -- -- -- --
Common Equity $7.3B $7.7B $7.8B $8.1B $7.5B
Total Preferred Equity -- -- -- -- --
Minority Interest, Total $145M $2.8B $3.3B $3.3B $3.3B
Total Equity $9.7B $12.8B $13.3B $13.7B $13.1B
 
Total Liabilities and Equity $24.5B $28.6B $27.9B $27.4B $26.6B
Cash and Short Terms $60M $453M $401M $450M $348M
Total Debt $9.7B $8.8B $7.7B $7.7B $7.6B
Period Ending 2021-09-30 2022-09-30 2023-09-30 2024-09-30 2025-09-30
Cash and Equivalents $194M $623M $260M $640M $1.2B
Short Term Investments -- -- -- -- --
Accounts Receivable, Net $3.3B $4.2B $4.4B $4B $3.8B
Inventory $681M $603M $617M $436M $184M
Prepaid Expenses -- -- -- -- --
Other Current Assets $234M $247M $201M $141M --
Total Current Assets $4.9B $5.6B $5.3B $5.2B $5.6B
 
Property Plant And Equipment $13.5B $14.9B $15.9B $15.9B $14.3B
Long-Term Investments $3.8B $3.8B $2.9B $2.9B $2.9B
Goodwill -- -- -- -- --
Other Intangibles -- -- -- -- --
Other Long-Term Assets $2.2B $1.5B $1.7B $1.5B --
Total Assets $24.2B $27.5B $27.7B $27.2B $28.1B
 
Accounts Payable $3.9B $4B $4.1B $3.7B $3.6B
Accrued Expenses -- -- -- -- --
Current Portion Of Long-Term Debt $808M $459M $710M $765M --
Current Portion Of Capital Lease Obligations -- -- -- -- --
Other Current Liabilities $716M $879M $751M $696M --
Total Current Liabilities $5.4B $5.3B $5.6B $5.1B $5.4B
 
Long-Term Debt $8.7B $8.3B $7.6B $7.5B $8.6B
Capital Leases -- -- -- -- --
Total Liabilities $14.9B $14.7B $14.2B $13.6B $15.2B
 
Common Stock $6.9B $7.7B $8B $7.9B $7.7B
Other Common Equity Adj -- -- -- -- --
Common Equity -- -- -- -- --
Total Preferred Equity -- -- -- -- --
Minority Interest, Total $145M $2.8B $3.3B $3.3B $3.2B
Total Equity $9.3B $12.7B $13.6B $13.5B $13B
 
Total Liabilities and Equity $24.2B $27.5B $27.7B $27.2B $28.2B
Cash and Short Terms $194M $623M $260M $640M $1.2B
Total Debt $8.7B $8.3B $7.6B $7.5B $8.6B
Period Ending 2020-12-31 2021-12-31 2022-12-31 2023-12-31 2024-12-31
Net Income to Stockholders -$2.6B $648M $1.2B $1.5B $1.1B
Depreciation & Amoritzation $653M $774M $965M $1B $1B
Stock-Based Compensation $15M $23M $40M $50M $50M
Change in Accounts Receivable $1.4B -$2.2B $649M $213M $94M
Change in Inventories -$304M -$18M -$10M $223M $70M
Cash From Operations $1.5B $2B $2.4B $2.7B $2.5B
 
Capital Expenditures $752M $336M $455M $559M $619M
Cash Acquisitions $310M $32M $233M $448M $269M
Cash From Investing -$1.1B $386M -$500M -$596M -$1.4B
 
Dividends Paid (Ex Special Dividend) $853M $715M $782M $989M $1.1B
Special Dividend Paid
Long-Term Debt Issued $748M -- -- -- $1.3B
Long-Term Debt Repaid -$617M -$367M -$750M -$1.1B -$750M
Repurchase of Common Stock $50M $178M $74M -- --
Other Financing Activities $41M -$179M -$325M -$320M -$421M
Cash From Financing -$435M -$2B -$2B -$2.1B -$1.1B
 
Beginning Cash (CF) $60M $453M $401M $450M $348M
Foreign Exchange Rate Adjustment -- -- -- -- --
Additions / Reductions -$22M $393M -$52M $49M -$102M
Ending Cash (CF) $30M $841M $346M $499M $235M
 
Levered Free Cash Flow $762M $1.7B $2B $2.2B $1.9B
Period Ending 2021-09-30 2022-09-30 2023-09-30 2024-09-30 2025-09-30
Net Income to Stockholders -$55M $442M $279M $312M $529M
Depreciation & Amoritzation $177M $238M $261M $226M $230M
Stock-Based Compensation -- -- -- -- --
Change in Accounts Receivable -- -- -- -- --
Change in Inventories -- -- -- -- --
Cash From Operations $335M $942M $85M $691M $817M
 
Capital Expenditures $75M $122M $137M $109M $185M
Cash Acquisitions -- $77M $275M $33M $184M
Cash From Investing $761M -$142M -$438M -$806M -$403M
 
Dividends Paid (Ex Special Dividend) $167M $190M $249M $286M $321M
Special Dividend Paid -- -- -- -- --
Long-Term Debt Issued -- -$115M -- $629M --
Long-Term Debt Repaid -$587M -- -- -- --
Repurchase of Common Stock $64M -- -- -- --
Other Financing Activities -$115M -$107M -$59M -$128M --
Cash From Financing -$933M -$438M -$308M $199M $313M
 
Beginning Cash (CF) $194M $623M $260M $640M $1.2B
Foreign Exchange Rate Adjustment -- -$6M -$12M $3M -$6M
Additions / Reductions $163M $356M -$673M $87M $721M
Ending Cash (CF) $357M $973M -$425M $730M $1.9B
 
Levered Free Cash Flow $260M $820M -$52M $582M $632M
Period Ending 2021-09-30 2022-09-30 2023-09-30 2024-09-30 2025-09-30
Net Income to Stockholders $127M $1.4B $1.4B $1.4B $1.5B
Depreciation & Amoritzation $711M $934M $1B $947M $953M
Stock-Based Compensation -- -- -- -- --
Change in Accounts Receivable -- -- -- -- --
Change in Inventories -- -- -- -- --
Cash From Operations $1.6B $2.7B $2.1B $2.8B $2.9B
 
Capital Expenditures $389M $391M $547M $497M $661M
Cash Acquisitions $32M $137M $385M $303M $990M
Cash From Investing $451M -$357M -$679M -$1.4B -$2B
 
Dividends Paid (Ex Special Dividend) $718M $758M $951M $1.1B $1.3B
Special Dividend Paid
Long-Term Debt Issued -- -- -- $1.3B --
Long-Term Debt Repaid -$1.2B -$204M -$400M -$1.1B --
Repurchase of Common Stock $167M $135M -- -- $341M
Other Financing Activities -$129M -$243M -$381M -$367M --
Cash From Financing -$1.9B -$1.9B -$1.7B -$1B -$298M
 
Beginning Cash (CF) -- -- -- -- --
Foreign Exchange Rate Adjustment -- -- -- -- --
Additions / Reductions $148M $429M -$363M $380M $540M
Ending Cash (CF) -- -- -- -- --
 
Levered Free Cash Flow $1.2B $2.3B $1.5B $2.3B $2.2B
Period Ending 2021-09-30 2022-09-30 2023-09-30 2024-09-30 2025-09-30
Net Income to Stockholders $152M $918M $1.1B $993M $1.3B
Depreciation & Amoritzation $551M $711M $776M $675M $696M
Stock-Based Compensation -- -- -- -- --
Change in Accounts Receivable -- -- -- -- --
Change in Inventories -- -- -- -- --
Cash From Operations $1.4B $2.1B $1.7B $1.8B $2.2B
 
Capital Expenditures $257M $312M $404M $342M $495M
Cash Acquisitions $32M $137M $289M $144M $865M
Cash From Investing $478M -$265M -$444M -$1.2B -$1.8B
 
Dividends Paid (Ex Special Dividend) $526M $569M $738M $858M $973M
Special Dividend Paid -- -- -- -- --
Long-Term Debt Issued -- -- -- $1.3B $1.4B
Long-Term Debt Repaid -$913M -$750M -$400M -$433M --
Repurchase of Common Stock $117M $74M -- -- $341M
Other Financing Activities -$151M -$215M -$271M -$318M -$222M
Cash From Financing -$1.7B -$1.6B -$1.4B -$370M $466M
 
Beginning Cash (CF) $281M $1B $1.7B $1.5B $2.1B
Foreign Exchange Rate Adjustment $2M -$5M -$4M -$3M $13M
Additions / Reductions $134M $170M -$141M $190M $832M
Ending Cash (CF) $417M $1.2B $1.6B $1.7B $2.9B
 
Levered Free Cash Flow $1.1B $1.8B $1.3B $1.4B $1.7B

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