Plains All American Pipeline (PAA) Non-Current Debt (2009 - 2026)
Plains All American Pipeline (PAA) reported Non-Current Debt of $8.37 billion for Q2 2026, up 3.0% from $8.13 billion a year earlier but down 8.2% from the prior quarter.
Plains All American Pipeline (PAA) Non-Current Debt (2009 - 2026) Analysis & Trends
At the end of FY2025, Plains All American Pipeline posted Non-Current Debt of $9.12 billion, up 27.7% from FY2024.
- Non-Current Debt has a five-year compound annual growth rate of 0.1% (FY2020 to FY2025).
- By year, Non-Current Debt came in at $7.14 billion in FY2024 (-1.4%), $7.24 billion in FY2023 (+0.1%), $7.24 billion in FY2022 (-13.1%) and $8.33 billion in FY2021 (-8.2%).
- Five-year quarterly Non-Current Debt spans a low of $7.14 billion in Q2 2024 and a high of $9.12 billion in Q1 2026.
- Year over year, Non-Current Debt has now increased in each of the last six quarters, with growth averaging 10.4% over the last eight quarters.
- The high point for year-over-year Non-Current Debt in five years was Q4 2025 (growth of 27.7%); the low point was Q4 2022 (a decline of 13.1%).
- Per Business Quant data, the three quarters before Q2 2026 came in at $9.12 billion (Q1 2026), $9.12 billion (Q4 2025) and $8.37 billion (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Non-Current Debt (Qtr) |
|---|---|---|---|---|---|
| 1 | Enbridge | 102.52 Bn | 100.06 Bn | 4.84 Bn | 75.08 Bn |
| 2 | Enterprise Products Partners | 79.27 Bn | 77.71 Bn | - | 31.21 Bn |
| 3 | Energy Transfer | 69.21 Bn | 62.65 Bn | 7.40 Bn | 68.39 Bn |
| 4 | Kinder Morgan | 68.17 Bn | 69.12 Bn | 3.07 Bn | 29.81 Bn |
| 5 | Tc Energy | 61.09 Bn | 64.16 Bn | 2.81 Bn | 32.61 Bn |
| 6 | Targa Resources | 59.48 Bn | 59.10 Bn | 2.14 Bn | 19.02 Bn |
| 7 | Mplx | 58.45 Bn | 52.01 Bn | 2.91 Bn | 24.39 Bn |
| 8 | Oneok | 55.88 Bn | 54.37 Bn | 2.81 Bn | 30.77 Bn |
| 9 | Cheniere Energy | 55.70 Bn | 55.83 Bn | 5.29 Bn | 22.63 Bn |
| 10 | Plains All American Pipeline | 17.31 Bn | 14.57 Bn | 1.14 Bn | 8.37 Bn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 8.37 Bn |
| Mar 31, 2026 | 9.12 Bn |
| Dec 31, 2025 | 9.12 Bn |
| Sep 30, 2025 | 8.37 Bn |
| Jun 30, 2025 | 8.13 Bn |
| Mar 31, 2025 | 8.13 Bn |
| Dec 31, 2024 | 7.14 Bn |
| Sep 30, 2024 | 7.14 Bn |
| Jun 30, 2024 | 7.14 Bn |
| Mar 31, 2024 | 7.24 Bn |
| Dec 31, 2023 | 7.24 Bn |
| Sep 30, 2023 | 7.24 Bn |
| Jun 30, 2023 | 7.24 Bn |
| Mar 31, 2023 | 7.24 Bn |
| Dec 31, 2022 | 7.24 Bn |
| Sep 30, 2022 | 7.93 Bn |
| Jun 30, 2022 | 7.93 Bn |
| Mar 31, 2022 | 7.93 Bn |
| Dec 31, 2021 | 8.33 Bn |
| Sep 30, 2021 | 8.33 Bn |
Plains All American Pipeline Non-Current Debt 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_KEY
import 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();