Plains All American Pipeline L.P. (PAA) vs UGI (UGI)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 8, 2026.
Summary
Plains All American Pipeline L.P. (PAA) has outperformed UGI (UGI) over the past year, gaining 44.3% versus a gain of 13.5%. Over five years, PAA leads with a +116.8% price change compared with -17.0% for UGI. Plains All American Pipeline L.P. is the larger company by market cap ($17.00 billion vs $7.86 billion), about 2.2 times the size, while UGI is growing revenue faster (+1.1% vs -9.5%).
On valuation, UGI trades at a lower forward P/E (11.4x vs 12.6x for Plains All American Pipeline L.P.). Plains All American Pipeline L.P. offers the higher dividend yield (6.78% vs 4.09%). UGI converts more of its revenue into profit, with a net margin of 9.3% versus 3.2%.
Summary generated from market data by MetaCap's automated system. Methodology
Relative performance
Percent change in share price from the first common trading day shown; excludes dividends.
Head-to-head
| Metric | PAA | UGI |
|---|---|---|
| Share price | $24.09 | $36.65 |
| Market cap | $17.00B | $7.86B |
| 1-day change | +0.12% | -1.35% |
| YTD return | +33.96% | -2.08% |
| 1-year return | +44.33% | +13.50% |
| 5-year return | +116.76% | -17.01% |
| P/E ratio (TTM) | 20.77 | 12.18 |
| Forward P/E | 12.59 | 11.38 |
| EPS (TTM) | $1.16 | $3.01 |
| Dividend yield | 6.78% | 4.09% |
| Annual dividend | $1.63 | $1.50 |
| Revenue (latest FY) | $44.26B | $7.29B |
| Revenue growth (YoY) | -9.46% | +1.07% |
| Net income (latest FY) | $1.44B | $678.00M |
| Gross margin | 8.65% | 49.86% |
| Operating margin | 3.24% | 15.19% |
| Net margin | 3.24% | 9.30% |
| 52-week high | $26.39 | $41.34 |
| 52-week low | $15.69 | $31.62 |
| Distance from 52-week high | -8.72% | -11.34% |
| Analyst consensus | buy | strong_buy |
| Avg. price target upside | +8.47% | +18.01% |
| Average volume | 2.52M | 1.94M |
| Shares outstanding | 705.57M | 214.49M |
| Employees | 3,900 | 9,400 |
| Sector | Energy | Utilities |
| Industry | Natural Gas Distribution | Natural Gas Distribution |
Highlighted cells mark the higher value for growth, returns, margins and yield, and the lower value for P/E ratios. Highlighting is a mechanical comparison, not a recommendation.
Key differences
- Plains All American Pipeline L.P. is about 2.2 times larger than UGI by market value ($17.00B vs $7.86B).
- PAA has outperformed UGI by 30.8 percentage points over the past year.
- Plains All American Pipeline L.P. trades at a higher earnings multiple (20.8x vs 12.2x trailing P/E).
- Plains All American Pipeline L.P. offers a meaningfully higher dividend yield (6.78% vs 4.09%).
- UGI is more profitable, keeping 9.3 cents of every revenue dollar as net income versus 3.2 cents for Plains All American Pipeline L.P..
- UGI grew revenue faster in its latest fiscal year (+1.07% vs -9.46%).
- The two companies sit in different sectors: Plains All American Pipeline L.P. in Energy and UGI in Utilities.
About Plains All American Pipeline L.P.
PAA stock →Plains All American Pipeline, L.P., through its subsidiaries, engages in the pipeline transportation, terminalling, storage, and gathering of crude oil and natural gas liquids (NGL) in the United States and Canada. The company operates through two segments, Crude Oil and NGL.
Energy · Natural Gas Distribution · 3,900 employees
About UGI
UGI stock →UGI Corporation, together with its subsidiaries, engages in the distribution, storage, transportation, and marketing of energy products and related services in the United States and internationally. The company operates through four segments: Utilities, Midstream & Marketing, UGI International, and AmeriGas Propane.
Utilities · Natural Gas Distribution · 9,400 employees
PAA vs UGI FAQ
Which is bigger, Plains All American Pipeline L.P. or UGI?
Plains All American Pipeline L.P. (PAA) is larger, with a market capitalization of $17.00B compared with $7.86B for UGI (UGI).
Which stock has performed better over the past year, PAA or UGI?
PAA returned +44.33% over the past 12 months, compared with +13.50% for UGI (price return, excluding dividends). Past performance does not predict future results.
Which has the lower P/E ratio, PAA or UGI?
UGI has the lower trailing P/E at 12.2, versus 20.8 for PAA. A lower P/E is not by itself a sign of a better investment; it can reflect slower expected growth or higher risk.
Which pays a higher dividend, Plains All American Pipeline L.P. or UGI?
Plains All American Pipeline L.P. has the higher yield at 6.78%, compared with 4.09% for UGI.
Are Plains All American Pipeline L.P. and UGI in the same industry?
Yes. Both are classified in the Natural Gas Distribution industry within the Energy sector.