Plains All American Pipeline (PAAPU) Interest Coverage Ratio (2009 - 2026)
Plains All American Pipeline (PAAPU) recorded quarterly Interest Coverage Ratio of 2.43 in Q1 2026, up 8.62% quarter-over-quarter from 2.23 in Q4 2025, and down 13.48% on a YoY basis from 2.8 in Q1 2025.
Plains All American Pipeline (PAAPU) Interest Coverage Ratio (2009 - 2026) Analysis & Trends
Plains All American Pipeline's Interest Coverage Ratio history runs 18 years deep, the most recent figure standing at 2.43 for Q1 2026.
- In Q1 2026, Interest Coverage Ratio fell 13.48% year-over-year to 2.43; the TTM figure through Mar 2026 stood at 2.5 (up 33.17% YoY), while the FY2025 annual figure was 2.59, up 28.23% from the prior year.
- Interest Coverage Ratio was 2.43 for Q1 2026 at Plains All American Pipeline, up from 2.23 in the prior quarter.
- In the past five years, Interest Coverage Ratio ranged from a high of 6.32 in Q3 2022 to a low of 0.38 in Q4 2022.
- Historically, Interest Coverage Ratio has averaged 2.77 across 5 years, with a median of 2.74 in 2022.
- The sharpest annual moves came in 2022 and 2024: Interest Coverage Ratio surged 1863.85% in 2022, then tumbled 107.93% in 2024.
- A 5-year view of Interest Coverage Ratio shows it stood at 0.38 in 2022, then jumped by 574.23% to 1.8 in 2023, then sank by 107.93% to 0.14 in 2024, then jumped by 1662.89% to 2.23 in 2025, then gained by 8.62% to 2.43 in 2026.
- The last three Interest Coverage Ratio figures came in at 2.43 (Q1 2026), 2.23 (Q4 2025), and 3.59 (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Enbridge | 88.33 Bn | 89.03 Bn | 6.70 Bn | 2.64 |
| 2 | Enterprise Products Partners | 80.83 Bn | 79.68 Bn | - | 4.92 |
| 3 | Kinder Morgan | 69.66 Bn | 70.75 Bn | 3.08 Bn | - |
| 4 | Energy Transfer | 65.60 Bn | 64.88 Bn | 6.62 Bn | 3.15 |
| 5 | Scorpio Tankers | 59.17 Bn | 58.19 Bn | - | -17.95 |
| 6 | Mplx | 57.43 Bn | 55.92 Bn | 2.54 Bn | 4.17 |
| 7 | Targa Resources | 56.68 Bn | 56.71 Bn | 1.70 Bn | - |
| 8 | Oneok | 55.34 Bn | 55.21 Bn | 2.57 Bn | 3.25 |
| 9 | Tc Energy | 50.79 Bn | 51.99 Bn | 2.95 Bn | 3.25 |
| 10 | Plains All American Pipeline | - | - | 977.00 Mn | 2.43 |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |
| Sep 30, 2021 | -0.36 |
| Jun 30, 2021 | -2.21 |