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

Plains All American Pipeline (PAA) posted Equity Ratio of 0.41 for Q1 2026, down 6.53% on a QoQ basis from 0.43 in Q4 2025, and down 14.73% year-on-year from 0.48 in Q1 2025.

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

Plains All American Pipeline has disclosed Equity Ratio across 18 years of filings, most recently posting 0.41 for Q1 2026.

  • Equity Ratio for Q1 2026 came in at 0.41, down 14.73% year-over-year; the trailing twelve-month figure through Mar 2026 was 0.41 (down 14.73% YoY), and the FY2025 annual result was 0.43, down 12.06% from the prior year.
  • Equity Ratio came in at 0.41 for Q1 2026 at Plains All American Pipeline, down from 0.43 in the prior quarter.
  • Over the last five years, Equity Ratio for PAA reached as high as 0.51 in Q2 2023 and fell as low as 0.35 in Q3 2025.
  • Median Equity Ratio over the past 5 years was 0.48 (2022), compared with a mean of 0.47.
  • Year-over-year, Equity Ratio gained 20.79% in 2022 and sank 30.28% in 2025.
  • Over 5 years, Equity Ratio stood at 0.48 in 2022, then gained by 5.08% to 0.5 in 2023, then slipped by 1.78% to 0.49 in 2024, then decreased by 12.06% to 0.43 in 2025, then decreased by 6.53% to 0.41 in 2026.
  • Per Business Quant, the three latest PAA Equity Ratio figures stand at 0.41 (Q1 2026), 0.43 (Q4 2025), and 0.35 (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Equity Ratio (Qtr)
1 Enbridge 1,308.38 Bn 1,309.08 Bn 6.70 Bn 0.28
2 Kinder Morgan 112.34 Bn 113.42 Bn 3.08 Bn 0.43
3 Enterprise Products Partners 79.55 Bn 78.40 Bn - 0.38
4 Energy Transfer 65.78 Bn 65.07 Bn 6.62 Bn 0.23
5 Targa Resources 57.60 Bn 57.63 Bn 1.70 Bn 0.12
6 Mplx 57.17 Bn 55.67 Bn 2.54 Bn 0.33
7 Oneok 54.83 Bn 54.70 Bn 2.57 Bn 0.33
8 Cheniere Energy Partners 29.50 Bn 29.22 Bn 838.00 Mn 0.00
9 Venture Global 27.41 Bn 27.36 Bn 4.33 Bn 0.19
10 Plains All American Pipeline 15.72 Bn 15.54 Bn 977.00 Mn 0.41

Historic Data

Download Data
DateValue
Mar 31, 2026 0.41
Dec 31, 2025 0.43
Sep 30, 2025 0.35
Jun 30, 2025 0.48
Mar 31, 2025 0.48
Dec 31, 2024 0.49
Sep 30, 2024 0.50
Jun 30, 2024 0.49
Mar 31, 2024 0.50
Dec 31, 2023 0.50
Sep 30, 2023 0.49
Jun 30, 2023 0.51
Mar 31, 2023 0.49
Dec 31, 2022 0.48
Sep 30, 2022 0.46
Jun 30, 2022 0.44
Mar 31, 2022 0.42
Dec 31, 2021 0.45
Sep 30, 2021 0.38
Jun 30, 2021 0.38