Plains All American Pipeline PAA
NASDAQ PAA
$25.70 +0.18 (+0.71%)
At close: Sep 4, 2026 · 4:00 PM EDT

Plains All American Pipeline (PAA) Debt Ratio (2009 - 2026)

Plains All American Pipeline (PAA) posted Debt Ratio of 0.29 for Q2 2026, down 4.87% on a QoQ basis from 0.3 in Q1 2026, and down 9.5% year-over-year from 0.32 in Q2 2025.

Analysis

Plains All American Pipeline (PAA) Debt Ratio (2009 - 2026) Analysis & Trends

Plains All American Pipeline has reported Debt Ratio for 18 years, with the latest figure at 0.29 in Q2 2026.

  • On a quarterly basis, Debt Ratio fell 9.5% year-over-year to 0.29 in Q2 2026; TTM through Jun 2026 was 0.29, a 9.5% decrease from a year earlier, with the FY2025 full-year figure at 0.32, up 12.92% from the prior year.
  • Debt Ratio was 0.29 for Q2 2026 at Plains All American Pipeline, down from 0.3 in the prior quarter.
  • The five-year high for Debt Ratio was 0.33 in Q3 2025, with the low at 0.28 in Q4 2023.
  • Average Debt Ratio over 5 years is 0.3, with a median of 0.29 recorded in 2023.
  • The sharpest annual moves came in 2022 and 2025: Debt Ratio slipped 23.05% in 2022, then climbed 14.68% in 2025.
  • Over 5 years, Debt Ratio stood at 0.3 in 2022, then dropped by 6.64% to 0.28 in 2023, then rose by 1.11% to 0.28 in 2024, then increased by 12.92% to 0.32 in 2025, then dropped by 10.6% to 0.29 in 2026.
  • The last three Debt Ratio figures came in at 0.29 (Q2 2026), 0.3 (Q1 2026), and 0.32 (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt Ratio (Qtr)
1 Kinder Morgan 111.69 Bn 112.81 Bn 3.07 Bn 0.44
2 Enterprise Products Partners 84.07 Bn 83.21 Bn - 0.41
3 Energy Transfer 74.03 Bn 73.00 Bn 7.40 Bn 0.46
4 Tc Energy 65.16 Bn 64.62 Bn 1.80 Bn -
5 Targa Resources 62.18 Bn 62.19 Bn 2.14 Bn 0.69
6 Mplx 60.51 Bn 59.48 Bn 2.73 Bn 0.60
7 Oneok 60.16 Bn 60.09 Bn 2.81 Bn 0.50
8 Enbridge 54.38 Bn 54.88 Bn 5.23 Bn 0.48
9 Pembina Pipeline 28.12 Bn 27.76 Bn 933.00 Mn 0.03
10 Plains All American Pipeline 18.13 Bn 17.07 Bn 1.14 Bn 0.29
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 0.29
Mar 31, 2026 0.30
Dec 31, 2025 0.32
Sep 30, 2025 0.33
Jun 30, 2025 0.32
Mar 31, 2025 0.32
Dec 31, 2024 0.28
Sep 30, 2024 0.29
Jun 30, 2024 0.29
Mar 31, 2024 0.29
Dec 31, 2023 0.28
Sep 30, 2023 0.29
Jun 30, 2023 0.30
Mar 31, 2023 0.29
Dec 31, 2022 0.30
Sep 30, 2022 0.31
Jun 30, 2022 0.30
Mar 31, 2022 0.29
Dec 31, 2021 0.32
Sep 30, 2021 0.38