Plains All American Pipeline (PAA) Interest Expenses (2009 - 2026)
Plains All American Pipeline's (PAA) quarterly Interest Expenses came in at $183.0 million in Q1 2026, up 42.97% year-on-year from $128.0 million in Q1 2025, and up 36.57% quarter-over-quarter from $134.0 million in Q4 2025.
Plains All American Pipeline (PAA) Interest Expenses (2009 - 2026) Analysis & Trends
Plains All American Pipeline's Interest Expenses history runs 18 years deep, the most recent figure standing at $183.0 million for Q1 2026.
- On a quarterly basis, Interest Expenses rose 42.97% year-over-year to $183.0 million in Q1 2026; TTM through Mar 2026 was $585.0 million, a 14.04% increase from a year earlier, with the FY2025 full-year figure at $554.0 million, up 28.84% from the prior year.
- Interest Expenses rose to $183.0 million in Q1 2026 per PAA's latest filing, from $134.0 million in the prior quarter.
- Across five years, Interest Expenses topped out at $183.0 million in Q1 2026 and bottomed at $87.0 million in Q4 2023.
- The 5-year median for Interest Expenses is $107.0 million (2022), against an average of $116.2 million.
- Across the five-year window, Interest Expenses surged 85.06% in 2024 and decreased 16.77% in 2025, its largest moves.
- Year by year, Interest Expenses stood at $100.0 million in 2022, then slipped by 13.0% to $87.0 million in 2023, then jumped by 85.06% to $161.0 million in 2024, then slipped by 16.77% to $134.0 million in 2025, then jumped by 36.57% to $183.0 million in 2026.
- Per Business Quant, the three latest PAA Interest Expenses figures stand at $183.0 million (Q1 2026), $134.0 million (Q4 2025), and $135.0 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Expense (Qtr) |
|---|---|---|---|---|---|
| 1 | DHT Holdings | 2,706.13 Bn | 2,706.00 Bn | 167.16 Mn | 5.65 Mn |
| 2 | Flex LNG | 1,674.16 Bn | 1,673.77 Bn | 61.79 Mn | -20.11 Mn |
| 3 | Kinder Morgan | 112.74 Bn | 113.82 Bn | 3.07 Bn | 256.00 Mn |
| 4 | Enbridge | 89.82 Bn | 89.03 Bn | 6.70 Bn | 891.09 Mn |
| 5 | Enterprise Products Partners | 83.97 Bn | 82.82 Bn | - | 659.00 Mn |
| 6 | Tc Energy | 72.76 Bn | 73.95 Bn | 1.36 Bn | 626.02 Mn |
| 7 | Energy Transfer | 70.27 Bn | 69.30 Bn | 6.62 Bn | 947.00 Mn |
| 8 | Targa Resources | 61.30 Bn | 61.34 Bn | 1.70 Bn | 384.00 Mn |
| 9 | Oneok | 61.15 Bn | 61.02 Bn | 8.98 Bn | 439.00 Mn |
| 10 | Plains All American Pipeline | 17.42 Bn | 17.25 Bn | 977.00 Mn | 183.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 183.00 Mn |
| Mar 31, 2026 | 183.00 Mn |
| Dec 31, 2025 | 134.00 Mn |
| Dec 31, 2025 | 134.00 Mn |
| Sep 30, 2025 | 135.00 Mn |
| Sep 30, 2025 | 135.00 Mn |
| Jun 30, 2025 | 133.00 Mn |
| Jun 30, 2025 | 133.00 Mn |
| Mar 31, 2025 | 128.00 Mn |
| Mar 31, 2025 | 128.00 Mn |
| Dec 31, 2024 | 161.00 Mn |
| Dec 31, 2024 | 161.00 Mn |
| Sep 30, 2024 | 113.00 Mn |
| Sep 30, 2024 | 113.00 Mn |
| Jun 30, 2024 | 111.00 Mn |
| Jun 30, 2024 | 111.00 Mn |
| Mar 31, 2024 | 95.00 Mn |
| Mar 31, 2024 | 95.00 Mn |
| Dec 31, 2023 | 87.00 Mn |
| Dec 31, 2023 | 87.00 Mn |