Plains All American Pipeline (PAA) Total Debt (2009 - 2026)
Plains All American Pipeline (PAA) posted Total Debt of $8.38 billion for Q2 2026, down 2.6% from $8.61 billion a year earlier and down 12.1% from the prior quarter.
Plains All American Pipeline (PAA) Total Debt (2009 - 2026) Analysis & Trends
At the end of FY2025, Plains All American Pipeline's Total Debt came in at $9.68 billion, up 28.3% from FY2024.
- Annual Total Debt shows a five-year compound annual growth rate of -0.5% (FY2020 to FY2025).
- In prior years, Plains All American Pipeline's Total Debt was $7.55 billion in FY2024 (-1.8%), $7.69 billion in FY2023 (-8.4%), $8.4 billion in FY2022 (-8.3%) and $9.15 billion in FY2021 (-7.6%).
- The Q2 2026 figure stands as the lowest quarterly Total Debt since Q4 2024.
- On a year-over-year basis, Total Debt increased in five of the last eight quarters, with growth averaging 9.0%.
- The strongest year-over-year quarter for Total Debt in the past five years was Q4 2025, with growth of 28.3%; the weakest was Q2 2022, with a decline of 12.5%.
- According to Business Quant data, Total Debt for the three prior quarters was $9.54 billion (Q1 2026), $9.68 billion (Q4 2025) and $9.38 billion (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Total Debt (Qtr) |
|---|---|---|---|---|---|
| 1 | Enbridge | 102.52 Bn | 100.06 Bn | 4.84 Bn | 81.06 Bn |
| 2 | Enterprise Products Partners | 79.27 Bn | 77.71 Bn | - | 33.23 Bn |
| 3 | Energy Transfer | 69.21 Bn | 62.65 Bn | 7.40 Bn | 68.41 Bn |
| 4 | Kinder Morgan | 68.17 Bn | 69.12 Bn | 3.07 Bn | 32.25 Bn |
| 5 | Tc Energy | 61.09 Bn | 64.16 Bn | 2.81 Bn | 35.73 Bn |
| 6 | Targa Resources | 59.48 Bn | 59.10 Bn | 2.14 Bn | 19.58 Bn |
| 7 | Mplx | 58.45 Bn | 52.01 Bn | 2.91 Bn | 25.64 Bn |
| 8 | Oneok | 55.88 Bn | 54.37 Bn | 2.81 Bn | 33.02 Bn |
| 9 | Cheniere Energy | 55.70 Bn | 55.83 Bn | 5.29 Bn | 24.04 Bn |
| 10 | Plains All American Pipeline | 17.31 Bn | 14.57 Bn | 1.14 Bn | 8.38 Bn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 8.38 Bn |
| Mar 31, 2026 | 9.54 Bn |
| Dec 31, 2025 | 9.68 Bn |
| Sep 30, 2025 | 9.38 Bn |
| Jun 30, 2025 | 8.61 Bn |
| Mar 31, 2025 | 8.61 Bn |
| Dec 31, 2024 | 7.55 Bn |
| Sep 30, 2024 | 7.91 Bn |
| Jun 30, 2024 | 7.90 Bn |
| Mar 31, 2024 | 7.80 Bn |
| Dec 31, 2023 | 7.69 Bn |
| Sep 30, 2023 | 7.95 Bn |
| Jun 30, 2023 | 7.95 Bn |
| Mar 31, 2023 | 7.95 Bn |
| Dec 31, 2022 | 8.40 Bn |
| Sep 30, 2022 | 8.39 Bn |
| Jun 30, 2022 | 8.56 Bn |
| Mar 31, 2022 | 8.83 Bn |
| Dec 31, 2021 | 9.15 Bn |
| Sep 30, 2021 | 9.14 Bn |
Plains All American Pipeline Total 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=total-debt&ticker=PAA&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "total-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=total-debt&ticker=PAA&period=max&api_key=YOUR_API_KEY");
const data = await res.json();