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PLAINS ALL AMERICAN PIPELINE LP

Rank #399ValueWatchlistCompare with other stocks

PAAPU · OTC

PLAINS ALL AMERICAN PIPELINE LP (PAAPU) — Rank #399 by gross profitability (GP/assets 0.13) · ROE — · Piotroski F-Score N/A.

As-of 2026-10-30 · CIK 0001070423 · all metrics point-in-time as of the filing date.

About

State
DE
Filer Category
Large accelerated filer
Fiscal Year End
December 31

Company Snapshot

P/E and dividend yield are the primary valuation lenses for mature businesses.

Market Cap

—

P/E (annual)

—

P/S (annual)

—

P/B

—

P/OCF (annual)

—

Shareholder Yield

—

Employees

—

Industry

—

Exchange

OTC

9/10

Flags passed

PAAPU fails 1 critical flag

Passes 9 of 10 quality flags

  • FAIL
    Revenue declining YoY

    Revenue contracted year over year

  • PASS
    Gross margin holding
  • PASS
    FCF not negative from investment
  • PASS
    Disclosure consistent
  • PASS
    Operating margin holding
  • PASS
    Free cash flow intact
  • PASS
    Passes safety gate
  • PASS
    Balance sheet stable
  • PASS
    No competitive retreat
  • PASS
    SBC not compressing margin

Strengths Operating leverage expanding

No data Dilution · Valuation — not counted as a pass.

A count of the 12 warning flags that could be evaluated. Unweighted: colour follows the worst flag.

Quality Profile

Profitability

1/1 pass
GP / assets
0.13
Return on equity
—
Gross margin trend
PASS

Safety

1/1 pass
Balance-sheet safety
PASS
Debt / equity
—
Current ratio
1.12×
Net cash
$1.05B

Cash Flow

3/3 pass
Positive FCF
PASS
Cash-backed earnings
PASS
Accruals healthy
PASS
SBC / revenue
0.1%

Growth

0/1 pass
Revenue growth
-9.5%
Piotroski F-Score
N/A
Share dilution
—

Dividend yield and payout ratio are the primary reads at this stage (trailing P/E — see valuation above).

Profitability

Does it make money well?

Warning: Revenue declining YoY · GP/assets 0.13

Gross profitability (GP / assets)

0.13

Primary signal (Novy-Marx).

Return on equity

—

Gross margin

8.7%

Revenue growth (YoY)

-9.5%

Gross margin improving

Margin trend vs prior year.

PASS

Operating Leverage

2022202320242025
Revenue vs COGS
Revenue vs OpEx
Op. Income vs Revenue

Growth

Revenue CAGR (3Y)

-8.3%

Revenue CAGR (5Y)

13.7%

Earnings CAGR (3Y)

11.4%

FCF CAGR (3Y)

5.5%

Cash Flow Health

Is the cash real?

No warning flags · FCF 60% above net income

Free cash flow

$2.29B

Operating cash flow minus capex.

Positive free cash flow

PASS

FCF vs net income

59.8%

(FCF − net income) ÷ |net income|. Positive: cash above earnings. Negative: below.

FCF not below net income

Fails when free cash flow is below net income (yellow flag).

PASS

Accruals healthy

Cash-backed earnings.

PASS

SBC / revenue

0.1%

Stock-based comp intensity.

Balance Sheet Strength

Can it survive a storm?

No warning flags · net cash $1.05B

Balance-sheet safety

Composite anti-fragile check.

PASS

Debt / equity

—

Current ratio

1.12×

Quick ratio

1.08×

Net cash

$1.05B

Cash & equivalents minus total debt.

Piotroski F-Score

N/A

Only 7/9 components determinable.

Valuation

Is the price reasonable?

No data

Capital allocation quality

Composite score

2.0 / 5

Fair
Share count trend
N/A0/5 Weak
Buyback timing
N/AN/A
Dividend growth consistency(non-payer or broken streak)
0 yr3/5 Good
Net debt trajectory
-0.6%3/5 Good

Lifecycle Phase History

20202025
Decline
Hypergrowth
Value

View full financial statements →

Source filings on SEC EDGAR: 10-K annual reports · 10-Q quarterly reports