Plains All American Pipeline (PAAPU) Debt to Equity (2009 - 2026)

Plains All American Pipeline (PAAPU) recorded quarterly Debt to Equity of $0.74 in Q1 2026, up 354.62% quarter-over-quarter from $0.16 in Q4 2025, and up 11.16% on a YoY basis from $0.67 in Q1 2025.

Plains All American Pipeline (PAAPU) Debt to Equity (2009 - 2026) Analysis & Trends

Plains All American Pipeline's Debt to Equity history runs 18 years deep, the most recent figure standing at $0.74 for Q1 2026.

  • In Q1 2026, Debt to Equity rose 11.16% year-over-year to $0.74; the TTM figure through Mar 2026 stood at $0.74 (up 11.16% YoY), while the FY2025 annual figure was $0.16, up 349.4% from the prior year.
  • Debt to Equity was $0.74 for Q1 2026 at Plains All American Pipeline, up from $0.16 in the prior quarter.
  • In the past five years, Debt to Equity ranged from a high of $0.74 in Q1 2026 to a low of $0.04 in Q4 2024.
  • Historically, Debt to Equity has averaged $0.43 across 5 years, with a median of $0.58 in 2024.
  • The sharpest annual moves came in 2022 and 2023: Debt to Equity sank 94.71% in 2022, then jumped 988.15% in 2023.
  • A 5-year view of Debt to Equity shows it stood at $0.63 in 2022, then fell by 11.15% to $0.56 in 2023, then sank by 93.49% to $0.04 in 2024, then surged by 349.4% to $0.16 in 2025, then jumped by 354.62% to $0.74 in 2026.
  • The last three Debt to Equity figures came in at $0.74 (Q1 2026), $0.16 (Q4 2025), and $0.11 (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt/Equity (Qtr)
1 Enbridge 88.33 Bn 89.03 Bn 6.70 Bn 1.66
2 Enterprise Products Partners 80.83 Bn 79.68 Bn - 1.12
3 Kinder Morgan 69.66 Bn 70.75 Bn 3.08 Bn 1.02
4 Energy Transfer 65.60 Bn 64.88 Bn 6.62 Bn 2.01
5 Scorpio Tankers 59.17 Bn 58.19 Bn - -
6 Mplx 57.43 Bn 55.92 Bn 2.54 Bn 1.79
7 Targa Resources 56.68 Bn 56.71 Bn 1.70 Bn 5.85
8 Oneok 55.34 Bn 55.21 Bn 2.57 Bn 1.43
9 Tc Energy 50.79 Bn 51.99 Bn 2.95 Bn 1.71
10 Plains All American Pipeline - - 977.00 Mn 0.74

Historic Data

Download Data
DateValue
Mar 31, 2026 0.74
Dec 31, 2025 0.16
Sep 30, 2025 0.11
Jun 30, 2025 0.66
Mar 31, 2025 0.67
Dec 31, 2024 0.04
Sep 30, 2024 0.06
Jun 30, 2024 0.58
Mar 31, 2024 0.57
Dec 31, 2023 0.56
Sep 30, 2023 0.59
Jun 30, 2023 0.58
Mar 31, 2023 0.59
Dec 31, 2022 0.63
Sep 30, 2022 0.66
Jun 30, 2022 0.05
Mar 31, 2022 0.07
Dec 31, 2021 0.71
Sep 30, 2021 0.09
Jun 30, 2021 1.01