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

Plains All American Pipeline (PAA) posted Debt Ratio of 0.3 for Q1 2026, up 324.92% on a QoQ basis from 0.07 in Q4 2025, and down 5.22% year-on-year from 0.32 in Q1 2025.

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

Plains All American Pipeline has disclosed Debt Ratio across 18 years of filings, most recently posting 0.3 for Q1 2026.

  • Debt Ratio for Q1 2026 came in at 0.3, down 5.22% year-over-year; the trailing twelve-month figure through Mar 2026 was 0.3 (down 5.22% YoY), and the FY2025 annual result was 0.07, up 295.18% from the prior year.
  • Debt Ratio came in at 0.3 for Q1 2026 at Plains All American Pipeline, up from 0.07 in the prior quarter.
  • Over the last five years, Debt Ratio for PAA reached as high as 0.32 in Q1 2025 and fell as low as 0.02 in Q4 2024.
  • Median Debt Ratio over the past 5 years was 0.29 (2023), compared with a mean of 0.2.
  • Year-over-year, Debt Ratio sank 93.86% in 2022 and surged 1149.6% in 2023.
  • Over 5 years, Debt Ratio stood at 0.3 in 2022, then slipped by 6.64% to 0.28 in 2023, then slumped 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.
  • Per Business Quant, the three latest PAA Debt Ratio figures stand at 0.3 (Q1 2026), 0.07 (Q4 2025), and 0.04 (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt Ratio (Qtr)
1 Enbridge 1,308.38 Bn 1,309.08 Bn 6.70 Bn 0.47
2 Kinder Morgan 112.34 Bn 113.42 Bn 3.08 Bn 0.44
3 Enterprise Products Partners 79.55 Bn 78.40 Bn - 0.42
4 Energy Transfer 65.78 Bn 65.07 Bn 6.62 Bn 0.47
5 Targa Resources 57.60 Bn 57.63 Bn 1.70 Bn 0.71
6 Mplx 57.17 Bn 55.67 Bn 2.54 Bn 0.60
7 Oneok 54.83 Bn 54.70 Bn 2.57 Bn 0.47
8 Cheniere Energy Partners 29.50 Bn 29.22 Bn 838.00 Mn 0.83
9 Venture Global 27.41 Bn 27.36 Bn 4.33 Bn 0.65
10 Plains All American Pipeline 15.72 Bn 15.54 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