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| Date | Value |
|---|---|
| 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 |