PAA vs FLG-P-U

Comparison between Plains All American Pipeline LP (PAA, Company) and Flagstar Financial Inc Bifurcated Option Note Unit SecuritiES (FLG-P-U, Company).

PAA vs FLG-P-U - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	PAA(COMPANY)	FLG-P-U(COMPANY)
Market Cap	$17B	$17B
Max Drawdown	94.59%	16.79%
Sharpe Ratio	1.34	0.79
5Y Beta	0.53	0.23
Industry	Oil & Gas Midstream	N/A
P/E Ratio	15.87	-303.15
Forward P/E	11.92	N/A
Dividend Yield	7.31%	N/A
5Y Dividends CAGR	22.36%	N/A
5Y EPS CAGR	9.16%	N/A
Debt to Equity	N/A	137.76%
Free Cash Flow Yield	12.57%	1.71%

Market Cap

PAA

$17B

Winner

FLG-P-U

$17B

Max Drawdown

PAA

94.59%

Winner

FLG-P-U

16.79%

Sharpe Ratio

Winner

PAA

1.34

FLG-P-U

0.79

5Y Beta

PAA

0.53

Winner

FLG-P-U

0.23

Industry

PAA

Oil & Gas Midstream

FLG-P-U

N/A

P/E Ratio

PAA

15.87

Winner

FLG-P-U

-303.15

Forward P/E

PAA

11.92

FLG-P-U

N/A

Dividend Yield

PAA

7.31%

FLG-P-U

N/A

5Y Dividends CAGR

PAA

22.36%

FLG-P-U

N/A

5Y EPS CAGR

PAA

9.16%

FLG-P-U

N/A

Debt to Equity

PAA

N/A

FLG-P-U

137.76%

Free Cash Flow Yield

Winner

PAA

12.57%

FLG-P-U

1.71%

PAA vs FLG-P-U - Historical Returns

Returns include dividend reinvestment.

Period	PAA	FLG-P-U
1 month	-7.90%	+0.32%
3 months	+0.73%	+3.39%
6 months	+25.84%	+5.57%
1 year	+26.00%	+14.56%
5 years(CAGR)	+23.32%	N/A
10 years(CAGR)	+5.38%	N/A
Max(CAGR)	+10.68%	+10.65%

PAA

-7.90%

Winner

FLG-P-U

+0.32%

PAA

+0.73%

Winner

FLG-P-U

+3.39%

Winner

PAA

+25.84%

FLG-P-U

+5.57%

Winner

PAA

+26.00%

FLG-P-U

+14.56%

5Y(CAGR)

PAA

+23.32%

FLG-P-U

N/A

10Y(CAGR)

PAA

+5.38%

FLG-P-U

N/A

Max(CAGR)

Winner

PAA

+10.68%

FLG-P-U

+10.65%

PAA vs FLG-P-U - Annual Returns (1999 - 2026)

Returns include dividend reinvestment.

Year	PAA	FLG-P-U
2026	+21.97%	+5.49%
2025	+12.89%	+13.49%
2024	+20.30%	-3.50%
2023	+41.76%	N/A
2022	+29.16%	N/A
2021	+22.77%	N/A
2020	-51.59%	N/A
2019	-4.79%	N/A
2018	-0.78%	N/A
2017	-32.18%	N/A
2016	+47.77%	N/A
2015	-52.83%	N/A
2014	+4.33%	N/A
2013	+15.07%	N/A
2012	+29.64%	N/A
2011	+23.81%	N/A
2010	+23.90%	N/A
2009	+54.76%	N/A
2008	-27.32%	N/A
2007	+8.11%	N/A
2006	+35.05%	N/A
2005	+13.80%	N/A
2004	+23.97%	N/A
2003	+42.14%	N/A
2002	+2.87%	N/A
2001	+44.42%	N/A
2000	+60.45%	N/A
1999	-32.26%	N/A

PAA vs FLG-P-U Drawdown Comparison

The maximum drawdown for PAA was -91.97%, occurring on Mar 18, 2020. This drawdown has not yet recovered.

The maximum drawdown for FLG-P-U was -15.15%, occurring on Apr 8, 2025. Recovery took 165 trading sessions.

The current PAA drawdown is -14.18%. The current FLG-P-U drawdown is -2.45%.

Rank	PAA	FLG-P-U
#1	-91.97% Sep 8, 2014 - Mar 18, 2020	-15.15% Nov 1, 2024 - Jul 3, 2025
#2	-55.58% Jul 12, 2007 - Jan 4, 2010	-8.39% Feb 23, 2026 - May 7, 2026
#3	-48.59% Nov 9, 1999 - Jul 21, 2000	-7.04% Aug 19, 2025 - Dec 10, 2025
#4	-23.25% Sep 4, 2001 - Apr 16, 2003	-3.75% Jul 8, 2025 - Jul 31, 2025
#5	-17.76% Sep 2, 2005 - Mar 24, 2006	-2.76% May 13, 2026 - May 18, 2026
#6	-16.96% May 13, 2013 - May 2, 2014	-2.12% Oct 28, 2024 - Oct 30, 2024
#7	-16.91% May 17, 2001 - Aug 17, 2001	-1.86% Dec 11, 2025 - Jan 2, 2026
#8	-14.69% Apr 2, 2004 - Sep 23, 2004	-1.41% Aug 13, 2025 - Aug 19, 2025
#9	-11.75% Jun 1, 2006 - Nov 8, 2006	-1.32% Feb 18, 2026 - Feb 23, 2026
#10	-11.01% Apr 23, 2010 - Jun 3, 2010	-1.10% Jan 29, 2026 - Feb 2, 2026
#11	-10.71% Jul 8, 2011 - Oct 21, 2011	-0.70% Aug 8, 2025 - Aug 12, 2025
#12	-9.05% Nov 22, 2000 - Jan 10, 2001	-0.66% Jan 22, 2026 - Jan 29, 2026
#13	-8.63% Mar 21, 2005 - Apr 21, 2005	-0.39% Jan 15, 2026 - Jan 21, 2026
#14	-8.35% Mar 4, 2011 - Jul 7, 2011	-0.32% Feb 11, 2026 - Feb 13, 2026
#15	-8.27% Aug 4, 2005 - Sep 2, 2005	-0.25% Jul 31, 2025 - Aug 6, 2025

Correlation

Correlation between PAA and FLG-P-U is 0.75 which considered as a strong positive correlation - the stocks tend to move together.

0.75

-101

Dividend Comparison (2000 - 2026)

PAA vs FLG-P-U dividend yield comparison.

Year	PAA	FLG-P-U
2026	3.91%	3.64%
2025	8.46%	7.53%
2024	7.44%	2.00%
2023	7.06%	0.00%
2022	7.08%	0.00%
2021	7.71%	0.00%
2020	10.92%	0.00%
2019	7.50%	0.00%
2018	5.99%	0.00%
2017	9.45%	0.00%
2016	8.21%	0.00%
2015	11.93%	0.00%
2014	4.97%	0.00%
2013	4.49%	0.00%
2012	4.66%	0.00%
2011	5.32%	0.00%
2010	5.98%	0.00%
2009	6.85%	0.00%
2008	10.08%	0.00%
2007	6.31%	0.00%
2006	5.61%	0.00%
2005	6.51%	0.00%
2004	6.10%	0.00%
2003	6.74%	0.00%
2002	8.66%	0.00%
2001	7.50%	0.00%
2000	9.54%	0.00%