Plains All American Pipeline L.P.
Income Statement
| Line Item | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 | FY2010 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $26.22B | $20.18B | $23.15B | $43.46B | $42.25B | $37.80B | $34.28B | $25.89B |
| Cost of Revenue | $22.99B | $17.23B | $19.73B | $39.50B | $38.47B | — | — | — |
| Gross Profit | $3.24B | $2.95B | $3.43B | $2.29B | $2.17B | $1.95B | $1.56B | $1.03B |
| Gross Margin | 12.3% | 14.6% | 14.8% | 5.3% | 5.1% | 5.1% | 4.6% | 4.0% |
| Operating Expenses | ||||||||
| Research & Development | — | — | — | — | — | — | — | — |
| SG&A Expense | $276.0M | $279.0M | $278.0M | $325.0M | $359.0M | $342.0M | $294.0M | $260.0M |
| Operating Income | $1.15B | $994.0M | $1.26B | $1.80B | $1.74B | $1.43B | $1.30B | $767.0M |
| Operating Margin | 4.4% | 4.9% | 5.5% | 4.1% | 4.1% | 3.8% | 3.8% | 3.0% |
| Interest Expense | $510.0M | $467.0M | $432.0M | $348.0M | $313.0M | $288.0M | $253.0M | $248.0M |
| Pretax Income | $902.0M | $755.0M | $1.01B | $1.56B | $1.49B | $1.18B | $1.04B | $513.0M |
| Income Tax Expense | $44.0M | $25.0M | $100.0M | $171.0M | $99.0M | $54.0M | $45.0M | $-1.0M |
| Net Income | $856.0M | $726.0M | $903.0M | $1.38B | $1.36B | $1.09B | $966.0M | $505.0M |
| Net Margin | 3.3% | 3.6% | 3.9% | 3.2% | 3.2% | 2.9% | 2.8% | 2.0% |
| EPS (Basic) | — | — | — | — | — | — | — | — |
| EPS (Diluted) | — | — | — | — | — | — | — | — |
| Shares Outstanding (Basic) | 675.1M | 397.7M | 376.2M | 359.9M | 336.2M | 155.6M | 141.2M | 136.1M |
| Shares Outstanding (Diluted) | 675.1M | 397.7M | 376.2M | 359.9M | 336.2M | 155.6M | 141.2M | 136.1M |
| Dividends Per Share | — | — | — | — | — | — | — | — |