paa: the income statement

MyFinsight

For the quarter ending 2025-09-30, PAA made $387M in revenue. $387M in net income. Net profit margin of 100.00%.

Unit: Million (M) dollars (except for numbers of shares and EPS)

Income Statement	2025-09-30	2025-06-30	2024-09-30	2024-06-30
Purchases and related costs	-	9,758	11,557	11,858
Total costs and expenses	-	10,403	12,396	12,559
Operating income	-	239	347	374
Other income, net	-	31	26	23
Interest expense (net of capitalized interest of 3, 2, 5 and 4, respectively)	-	133	113	111
Equity earnings in unconsolidated entities	-	94	97	106
Gain on investments in unconsolidated entities, net	-	0	-	-
Income from continuing operations before tax	-	231	357	392
Deferred income tax (expense)/benefit from continuing operations	-	3	25	-7
Current income tax expense from continuing operations	-	1	20	69
Income from continuing operations, net of tax	-	227	-	-
Income from discontinued operations, net of tax (note 2)	-	70	-	-
Net income	-	297	312	330
Net income allocated to common unitholders basic continuing operations	311	-	-	-
Net income attributable to noncontrolling interests	-	87	92	80
Net income allocated to common unitholders basic discontinued operations	76	-	-	-
Net income attributable to paa	-	210	220	250
Net income allocated to common unitholders - basic	387	-	-	-