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GuruFocus has detected 3 Warning Signs with Plains All American Pipeline LP $PAA.
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Plains All American Pipeline LP (NYSE:PAA)
Pre-Tax Income
$1,044 Mil (TTM As of Mar. 2017)

Pretax income is the income that a company earns before paying income taxes. Plains All American Pipeline LP's pretax income for the three months ended in Mar. 2017 was $510 Mil. Its pretax income for the trailing twelve months (TTM) ended in Mar. 2017 was $1,044 Mil. Plains All American Pipeline LP's pretax margin was 7.65%.

During the past 13 years, Plains All American Pipeline LP's highest Pretax Margin was 4.59%. The lowest was 1.48%. And the median was 3.14%.


Definition

This is the income that a company earns before paying income taxes.

Plains All American Pipeline LP's Pretax Income for the fiscal year that ended in Dec. 2016 is calculated as

Pretax Income=Operating Income+Non-Recurring Items+Interest Expense+Interest Income+Other
=994+228+-467+0+0
=755

Plains All American Pipeline LP's Pretax Income for the quarter that ended in Mar. 2017 is calculated as

Pretax Income=Operating Income+Non-Recurring Items+Interest Expense+Interest Income+Other
=591+48+-129+0+0
=510

Plains All American Pipeline LP Pre-Tax Income for the trailing twelve months (TTM) ended in Mar. 2017 was 97 (Jun. 2016 ) + 299 (Sep. 2016 ) + 138 (Dec. 2016 ) + 510 (Mar. 2017 ) = $1,044 Mil.

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.


Explanation

Plains All American Pipeline LP's Pretax Margin for the quarter that ended in Mar. 2017 is calculated as

Pretax Margin=Pretax Income/Revenue
=510/6667
=7.65%

During the past 13 years, Plains All American Pipeline LP's highest Pretax Margin was 4.59%. The lowest was 1.48%. And the median was 3.14%.

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.


Related Terms

Operating Income, Interest Expense, Interest Income, Non-Recurring Items, Revenue


Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

Plains All American Pipeline LP Annual Data

Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14Dec15Dec16
Pretax Income 3814455865131,0391,1811,4901,5571,006755

Plains All American Pipeline LP Quarterly Data

Dec14Mar15Jun15Sep15Dec15Mar16Jun16Sep16Dec16Mar17
Pretax Income 47130015726728122297299138510
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