Plains All American Pipeline (PAA) Interest Coverage Ratio (2009 - 2026)
Plains All American Pipeline (PAA) posted Interest Coverage Ratio of 2.6 for Q2 2026, up 7.26% on a QoQ basis from 2.43 in Q1 2026, and up 44.76% year-over-year from 1.8 in Q2 2025.
Analysis
Plains All American Pipeline (PAA) Interest Coverage Ratio (2009 - 2026) Analysis & Trends
Plains All American Pipeline has reported Interest Coverage Ratio for 18 years, with the latest figure at 2.6 in Q2 2026.
- On a quarterly basis, Interest Coverage Ratio rose 44.76% year-over-year to 2.6 in Q2 2026; TTM through Jun 2026 was 2.67, a 67.36% increase from a year earlier, with the FY2025 full-year figure at 2.59, up 28.23% from the prior year.
- Interest Coverage Ratio was 2.6 for Q2 2026 at Plains All American Pipeline, up from 2.43 in the prior quarter.
- The five-year high for Interest Coverage Ratio was 6.32 in Q3 2022, with the low at 0.38 in Q4 2022.
- Average Interest Coverage Ratio over 5 years is 2.76, with a median of 2.67 recorded in 2022.
- The sharpest annual moves came in 2022 and 2024: Interest Coverage Ratio soared 1863.85% in 2022, then slumped 107.93% in 2024.
- Over 5 years, Interest Coverage Ratio stood at 0.38 in 2022, then surged by 574.23% to 1.8 in 2023, then plunged by 107.93% to 0.14 in 2024, then surged by 1662.89% to 2.23 in 2025, then grew by 16.51% to 2.6 in 2026.
- The last three Interest Coverage Ratio figures came in at 2.6 (Q2 2026), 2.43 (Q1 2026), and 2.23 (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Kinder Morgan | 111.69 Bn | 112.81 Bn | 3.07 Bn | - |
| 2 | Enterprise Products Partners | 84.07 Bn | 83.21 Bn | - | 5.86 |
| 3 | Energy Transfer | 74.03 Bn | 73.00 Bn | 7.40 Bn | 3.83 |
| 4 | Tc Energy | 65.16 Bn | 64.62 Bn | 1.80 Bn | 2.69 |
| 5 | Targa Resources | 62.18 Bn | 62.19 Bn | 2.14 Bn | - |
| 6 | Mplx | 60.51 Bn | 59.48 Bn | 2.73 Bn | 4.77 |
| 7 | Oneok | 60.16 Bn | 60.09 Bn | 2.81 Bn | 3.67 |
| 8 | Enbridge | 54.38 Bn | 54.88 Bn | 5.23 Bn | 2.09 |
| 9 | Pembina Pipeline | 28.12 Bn | 27.76 Bn | 933.00 Mn | 5.23 |
| 10 | Plains All American Pipeline | 18.13 Bn | 17.07 Bn | 1.14 Bn | 2.60 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 2.60 |
| Mar 31, 2026 | 2.43 |
| Dec 31, 2025 | 2.23 |
| Sep 30, 2025 | 3.59 |
| Jun 30, 2025 | 1.80 |
| Mar 31, 2025 | 2.80 |
| Dec 31, 2024 | -0.14 |
| Sep 30, 2024 | 1.73 |
| Jun 30, 2024 | 2.99 |
| Mar 31, 2024 | 3.75 |
| Dec 31, 2023 | 1.80 |
| Sep 30, 2023 | 2.41 |
| Jun 30, 2023 | 3.98 |
| Mar 31, 2023 | 4.83 |
| Dec 31, 2022 | -0.38 |
| Sep 30, 2022 | 6.32 |
| Jun 30, 2022 | 4.15 |
| Mar 31, 2022 | 2.74 |
| Dec 31, 2021 | 5.65 |
| Sep 30, 2021 | -0.36 |