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

Plains All American Pipeline (PAA) recorded quarterly Equity Ratio of 0.41 in Q1 2026, down 6.53% quarter-over-quarter from 0.43 in Q4 2025, and down 14.73% on a YoY basis from 0.48 in Q1 2025.

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

Plains All American Pipeline's Equity Ratio history runs 18 years deep, the most recent figure standing at 0.41 for Q1 2026.

  • In Q1 2026, Equity Ratio fell 14.73% year-over-year to 0.41; the TTM figure through Mar 2026 stood at 0.41 (down 14.73% YoY), while the FY2025 annual figure was 0.43, down 12.06% from the prior year.
  • Equity Ratio was 0.41 for Q1 2026 at Plains All American Pipeline, down from 0.43 in the prior quarter.
  • In the past five years, Equity Ratio ranged from a high of 0.51 in Q2 2023 to a low of 0.35 in Q3 2025.
  • Historically, Equity Ratio has averaged 0.47 across 5 years, with a median of 0.48 in 2022.
  • The sharpest annual moves came in 2022 and 2025: Equity Ratio rose 20.79% in 2022, then slumped 30.28% in 2025.
  • A 5-year view of Equity Ratio shows it 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.
  • The last three Equity Ratio figures came in at 0.41 (Q1 2026), 0.43 (Q4 2025), and 0.35 (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Equity Ratio (Qtr)
1 Enbridge 88.33 Bn 89.03 Bn 6.70 Bn 0.28
2 Enterprise Products Partners 80.83 Bn 79.68 Bn - 0.38
3 Kinder Morgan 69.66 Bn 70.75 Bn 3.08 Bn 0.43
4 Energy Transfer 65.60 Bn 64.88 Bn 6.62 Bn 0.23
5 Scorpio Tankers 59.17 Bn 58.19 Bn - -
6 Mplx 57.43 Bn 55.92 Bn 2.54 Bn 0.33
7 Targa Resources 56.68 Bn 56.71 Bn 1.70 Bn 0.12
8 Oneok 55.34 Bn 55.21 Bn 2.57 Bn 0.33
9 Tc Energy 50.79 Bn 51.99 Bn 2.95 Bn 0.23
10 Plains All American Pipeline 15.89 Bn 15.72 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