Plains All American Pipeline (PAA) Net Long-Term Debt Issued (Repaid) (2009 - 2026)
Plains All American Pipeline (PAA) reported Non-Current Debt of $9.91 billion for Q3 2026, up 17.4% from $8.44 billion a year earlier and up 17.5% from the prior quarter.
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Analysis
Plains All American Pipeline (PAA) Net Long-Term Debt Issued (Repaid) (2009 - 2026) Analysis & Trends
At the end of FY2025, Plains All American Pipeline posted Non-Current Debt of $10.7 billion, up 48.3% from FY2024.
- Non-Current Debt has a five-year compound annual growth rate of 2.7% (FY2020 to FY2025).
- By year, Non-Current Debt came in at $7.21 billion in FY2024 (-1.3%), $7.31 billion in FY2023 (+0.2%), $7.29 billion in FY2022 (-13.2%) and $8.4 billion in FY2021 (-10.5%).
- Five-year quarterly Non-Current Debt spans a low of $7.21 billion in Q2 2024 and a high of $10.96 billion in Q1 2026.
- Year over year, Non-Current Debt has now increased in each of the last seven quarters, with growth averaging 18.0% over the last eight quarters.
- The high point for year-over-year Non-Current Debt in five years was Q4 2025 (growth of 48.3%); the low point was Q1 2022 (a decline of 14.5%).
- Per Business Quant data, the three quarters before Q3 2026 came in at $8.43 billion (Q2 2026), $10.96 billion (Q1 2026) and $10.7 billion (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net LT Debt (Qtr) |
|---|---|---|---|---|---|
| 1 | Enbridge | 106.26 Bn | 104.14 Bn | 4.35 Bn | 1.23 Bn |
| 2 | Williams Companies | 86.41 Bn | 89.20 Bn | 2.59 Bn | 2.73 Bn |
| 3 | Enterprise Products Partners | 82.58 Bn | 80.98 Bn | 14.00 Mn | 210.00 Mn |
| 4 | Kinder Morgan | 71.13 Bn | 71.22 Bn | 2.97 Bn | 1.03 Bn |
| 5 | Tc Energy | 67.40 Bn | 71.05 Bn | - | 1.75 Bn |
| 6 | Energy Transfer | 66.89 Bn | 62.98 Bn | 6.57 Bn | 462.00 Mn |
| 7 | Targa Resources | 63.77 Bn | 62.98 Bn | 2.02 Bn | -26.80 Mn |
| 8 | Cheniere Energy | 63.04 Bn | 62.60 Bn | 2.97 Bn | -119.00 Mn |
| 9 | Mplx | 58.00 Bn | 52.25 Bn | 3.19 Bn | -1.25 Bn |
| 10 | Plains All American Pipeline | 17.30 Bn | 18.05 Bn | 1.14 Bn | 1.50 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 1.50 Bn |
| Dec 31, 2025 | 852.00 Mn |
| Sep 30, 2025 | 1.25 Bn |
| Mar 31, 2025 | 1.33 Bn |
| Sep 30, 2024 | 629.00 Mn |
| Dec 31, 2023 | -700.00 Mn |
| Mar 31, 2023 | -400.00 Mn |
| Sep 30, 2021 | -200.00 Mn |
| Dec 31, 2020 | -600.00 Mn |
| Dec 31, 2019 | -1.00 Bn |
| Dec 31, 2017 | -950.00 Mn |
| Mar 31, 2017 | -400.00 Mn |
| Dec 31, 2016 | -550.00 Mn |
| Dec 31, 2014 | 1.15 Bn |
| Sep 30, 2014 | 749.00 Mn |
| Dec 31, 2012 | 749.00 Mn |
| Mar 31, 2012 | 1.25 Bn |
| Mar 31, 2011 | 397.00 Mn |
| Dec 31, 2009 | -255.00 Mn |
| Sep 30, 2009 | 996.00 Mn |
API Access
Plains All American Pipeline Net Long-Term Debt Issued (Repaid) API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=non-current-debt&ticker=PAA&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "non-current-debt", "ticker": "PAA", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=non-current-debt&ticker=PAA&period=max&api_key=YOUR_API_KEY");
const data = await res.json();