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

Plains All American Pipeline (PAA) recorded quarterly Debt Ratio of 0.3 in Q1 2026, up 324.92% quarter-over-quarter from 0.07 in Q4 2025, and down 5.22% on a YoY basis from 0.32 in Q1 2025.

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

Plains All American Pipeline's Debt Ratio history runs 18 years deep, the most recent figure standing at 0.3 for Q1 2026.

  • In Q1 2026, Debt Ratio fell 5.22% year-over-year to 0.3; the TTM figure through Mar 2026 stood at 0.3 (down 5.22% YoY), while the FY2025 annual figure was 0.07, up 295.18% from the prior year.
  • Debt Ratio was 0.3 for Q1 2026 at Plains All American Pipeline, up from 0.07 in the prior quarter.
  • In the past five years, Debt Ratio ranged from a high of 0.32 in Q1 2025 to a low of 0.02 in Q4 2024.
  • Historically, Debt Ratio has averaged 0.2 across 5 years, with a median of 0.29 in 2023.
  • The sharpest annual moves came in 2022 and 2023: Debt Ratio slumped 93.86% in 2022, then jumped 1149.6% in 2023.
  • A 5-year view of Debt Ratio shows it stood at 0.3 in 2022, then slipped by 6.64% to 0.28 in 2023, then plunged by 93.61% to 0.02 in 2024, then jumped by 295.18% to 0.07 in 2025, then jumped by 324.92% to 0.3 in 2026.
  • The last three Debt Ratio figures came in at 0.3 (Q1 2026), 0.07 (Q4 2025), and 0.04 (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt Ratio (Qtr)
1 Enbridge 88.33 Bn 89.03 Bn 6.70 Bn 0.47
2 Enterprise Products Partners 80.83 Bn 79.68 Bn - 0.42
3 Kinder Morgan 69.66 Bn 70.75 Bn 3.08 Bn 0.44
4 Energy Transfer 65.60 Bn 64.88 Bn 6.62 Bn 0.47
5 Scorpio Tankers 59.17 Bn 58.19 Bn - 0.14
6 Mplx 57.43 Bn 55.92 Bn 2.54 Bn 0.60
7 Targa Resources 56.68 Bn 56.71 Bn 1.70 Bn 0.71
8 Oneok 55.34 Bn 55.21 Bn 2.57 Bn 0.47
9 Tc Energy 50.79 Bn 51.99 Bn 2.95 Bn 0.39
10 Plains All American Pipeline 15.89 Bn 15.72 Bn 977.00 Mn 0.30

Historic Data

Download Data
DateValue
Mar 31, 2026 0.30
Dec 31, 2025 0.07
Sep 30, 2025 0.04
Jun 30, 2025 0.32
Mar 31, 2025 0.32
Dec 31, 2024 0.02
Sep 30, 2024 0.03
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 0.02
Mar 31, 2022 0.03
Dec 31, 2021 0.32
Sep 30, 2021 0.04
Jun 30, 2021 0.39