Plains All American Pipeline (PAA) Total Debt (2009 - 2026)
Plains All American Pipeline's (PAA) quarterly Total Debt came in at $2.3 billion in Q1 2026, down 73.79% year-on-year from $8.6 billion in Q1 2025, and down 76.7% quarter-over-quarter from $9.7 billion in Q4 2025.
Plains All American Pipeline (PAA) Total Debt (2009 - 2026) Analysis & Trends
Plains All American Pipeline's Total Debt history runs 18 years deep, the most recent figure standing at $2.3 billion for Q1 2026.
- On a quarterly basis, Total Debt fell 73.79% year-over-year to $2.3 billion in Q1 2026; TTM through Mar 2026 was $2.3 billion, a 73.79% decrease from a year earlier, with the FY2025 full-year figure at $9.7 billion, up 1929.56% from the prior year.
- Total Debt slipped to $2.3 billion in Q1 2026 per PAA's latest filing, from $9.7 billion in the prior quarter.
- Across five years, Total Debt topped out at $9.7 billion in Q4 2025 and bottomed at $477.0 million in Q4 2024.
- The 5-year median for Total Debt is $1.1 billion (2025), against an average of $3.6 billion.
- Across the five-year window, Total Debt plunged 94.41% in 2022 and soared 1929.56% in 2025, its largest moves.
- Year by year, Total Debt stood at $1.2 billion in 2022, then sank by 57.9% to $509.0 million in 2023, then decreased by 6.29% to $477.0 million in 2024, then surged by 1929.56% to $9.7 billion in 2025, then slumped by 76.7% to $2.3 billion in 2026.
- Per Business Quant, the three latest PAA Total Debt figures stand at $2.3 billion (Q1 2026), $9.7 billion (Q4 2025), and $1.1 billion (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Total Debt (Qtr) |
|---|---|---|---|---|---|
| 1 | DHT Holdings | 2,706.13 Bn | 2,706.00 Bn | 167.16 Mn | 110.18 Mn |
| 2 | Flex LNG | 1,674.16 Bn | 1,673.77 Bn | 61.79 Mn | 1.82 Bn |
| 3 | Kinder Morgan | 112.74 Bn | 113.82 Bn | 3.07 Bn | 32.25 Bn |
| 4 | Enbridge | 89.82 Bn | 89.03 Bn | 6.70 Bn | 78.78 Bn |
| 5 | Enterprise Products Partners | 83.97 Bn | 82.82 Bn | - | 33.91 Bn |
| 6 | Tc Energy | 72.76 Bn | 73.95 Bn | 1.36 Bn | 33.55 Bn |
| 7 | Energy Transfer | 70.27 Bn | 69.30 Bn | 6.62 Bn | 69.36 Bn |
| 8 | Targa Resources | 61.30 Bn | 61.34 Bn | 1.70 Bn | 19.03 Bn |
| 9 | Oneok | 61.15 Bn | 61.02 Bn | 8.98 Bn | 33.65 Bn |
| 10 | Plains All American Pipeline | 17.42 Bn | 17.25 Bn | 977.00 Mn | 2.26 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 2.26 Bn |
| Dec 31, 2025 | 9.68 Bn |
| Sep 30, 2025 | 1.08 Bn |
| Jun 30, 2025 | 546.00 Mn |
| Mar 31, 2025 | 8.61 Bn |
| Dec 31, 2024 | 477.00 Mn |
| Sep 30, 2024 | 837.00 Mn |
| Jun 30, 2024 | 7.90 Bn |
| Mar 31, 2024 | 7.80 Bn |
| Dec 31, 2023 | 509.00 Mn |
| Sep 30, 2023 | 765.00 Mn |
| Jun 30, 2023 | 7.95 Bn |
| Mar 31, 2023 | 758.00 Mn |
| Dec 31, 2022 | 1.21 Bn |
| Sep 30, 2022 | 511.00 Mn |
| Jun 30, 2022 | 8.56 Bn |
| Mar 31, 2022 | 955.00 Mn |
| Dec 31, 2021 | 891.00 Mn |
| Sep 30, 2021 | 9.14 Bn |
| Jun 30, 2021 | 1.52 Bn |