Plains All American Pipeline EV/EBIT PAA

Enterprise value divided by operating profit over the last twelve months, one-off items taken out, since 2010.

Today, Oct 23, 2026: 15.9×
10-year median: 18.2×
Against its 10-year history: 40th; percentile: 0 is its lowest day, 100 its highest
10-year range: 6.8× to 38.3×
Peer median: 15.8×

Plains All American Pipeline's EV/EBIT is 15.9× as of Oct 23, 2026.

That is below its ten-year median of 18.2×, close to the middle of its last ten years.

Over that time it ranged from 6.8× in Apr 2020 to 38.3× in Aug 2018.

The median for 10 oil and gas pipeline stocks of a similar size is 15.8×.

EV/EBIT over time

median 18.2×

The dashed line is the 10-year median and the shaded band the middle half of its days.

Open the interactive chart, with overlays and comparisons

Year by year

Year	End of year	Low	High
2026 so far	15.9×	14.7×	21.7×
2025	19.5×	12.7×	27.0×
2024	12.4×	12.0×	18.4×
2023	17.5×	8.4×	18.1×
2022	8.3×	8.2×	27.7×
2021	21.5×	11.3×	32.8×
2020	30.0×	6.8×	31.9×
2019	7.8×	7.5×	22.3×
2018	19.7×	19.7×	38.3×
2017	23.2×	17.3×	33.5×
2016	21.7×	12.0×	22.1×
2015	13.6×	12.7×	16.7×
2014	16.4×	14.2×	19.2×
2013	14.4×	13.1×	17.1×
2012	14.6×	13.8×	16.0×
2011	14.4×	13.2×	20.1×
2010	13.3×	11.3×	13.6×

Against its peers

Companies in Oil & Gas Midstream nearest Plains All American Pipeline's size, closest first, today.

Company	EV/EBIT
PAAPlains All American Pipeline	15.9×
WESWestern Midstream Partners	15.8×
DTMDT Midstream	24.5×
CQPCheniere Energy Partners	11.9×
VGVenture Global	12.1×
AMAntero Midstream	17.9×
KNTKKinetik	65.3×
SWXSouthwest Gas	19.7×
MPLXMPLX Lp	n/m
OKEONEOK	15.2×
LNGCheniere Energy	14.0×
Peer median	15.8×

Where Plains All American Pipeline ranks

What the EV/EBIT tells you

What the whole business costs against its operating profit. Enterprise value is the market value plus borrowings and minority interests, less cash. EBIT is operating profit before interest and tax, with one-offs taken out. Unlike PE it is not moved by how a company is financed.

Leases are left out of debt for every company. Banks earn on their balance sheet, so EV/EBIT does not describe them.

More on Plains All American Pipeline

Valuation data, not investment advice. Prices as of Oct 23, 2026. Reported figures come from the company's filings with the SEC.