Plains All American Pipeline (PAA) Times Interest Earned (2009 - 2026)
Plains All American Pipeline's Times Interest Earned came in at 3.94 for Q3 2026, up 9.9% from 3.59 a year earlier and up 51.4% from the prior quarter.
Plains All American Pipeline (PAA) Times Interest Earned (2009 - 2026) Analysis & Trends
Over the trailing twelve months to Sep 30, 2026, Plains All American Pipeline reported Times Interest Earned of 2.74, up 30.9% year-over-year; for FY2025, it was 2.59, up 28.2% from FY2024.
- Going back by year, Times Interest Earned was 2.02 in FY2024 (-38.1%), 3.26 in FY2023 (+2.2%), 3.19 in FY2022 (+59.3%) and 2.00 in FY2021.
- The Q3 2026 figure represents the highest quarterly Times Interest Earned since Q2 2023.
- Year-over-year, Times Interest Earned increased in three of the last six quarters, with growth averaging 13.8%.
- The fastest year-over-year change in Times Interest Earned over five years came in Q3 2025 (growth of 106.7%), and the weakest in Q3 2023 (a decline of 61.8%).
- Business Quant data shows PAA's Times Interest Earned at 2.60 (Q2 2026), 2.43 (Q1 2026) and 2.23 (Q4 2025) in the three quarters before Q3 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Times Interest Earned (Qtr) |
|---|---|---|---|---|---|
| 1 | Enbridge | 106.26 Bn | 104.14 Bn | 4.35 Bn | 2.04 |
| 2 | Williams Companies | 86.41 Bn | 89.20 Bn | 2.59 Bn | 2.95 |
| 3 | Enterprise Products Partners | 82.58 Bn | 80.98 Bn | 14.00 Mn | 5.17 |
| 4 | Kinder Morgan | 71.13 Bn | 71.22 Bn | 2.97 Bn | - |
| 5 | Tc Energy | 67.40 Bn | 71.05 Bn | - | 2.73 |
| 6 | Energy Transfer | 66.89 Bn | 62.98 Bn | 6.57 Bn | 2.95 |
| 7 | Targa Resources | 63.77 Bn | 62.98 Bn | 2.02 Bn | - |
| 8 | Cheniere Energy | 63.04 Bn | 62.60 Bn | 2.97 Bn | 6.72 |
| 9 | Mplx | 58.00 Bn | 52.25 Bn | 3.19 Bn | 4.92 |
| 10 | Plains All American Pipeline | 17.30 Bn | 18.05 Bn | 1.14 Bn | 3.94 |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 3.94 |
| 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 |
Plains All American Pipeline Times Interest Earned 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=times-interest-earned&ticker=PAA&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "times-interest-earned", "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=times-interest-earned&ticker=PAA&period=max&api_key=YOUR_API_KEY");
const data = await res.json();