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