Plains Gp Holdings (PAGP) Debt Ratio (2012 - 2026)
Plains Gp Holdings' Debt Ratio came in at 0.28 for Q2 2026, down 8.9% from 0.30 a year earlier and down 4.8% from the prior quarter.
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Analysis
Plains Gp Holdings (PAGP) Debt Ratio (2012 - 2026) Analysis & Trends
For FY2025, Plains Gp Holdings' Debt Ratio was 0.31, up 13.8% from FY2024.
- Going back by year, Debt Ratio was 0.27 in FY2024 (+1.2%), 0.27 in FY2023 (-6.5%), 0.29 in FY2022 (-5.8%) and 0.31 in FY2021 (-20.0%).
- The Q2 2026 figure represents the lowest quarterly Debt Ratio since Q4 2024.
- Year-over-year, Debt Ratio increased in six of the last eight quarters, with growth averaging 5.1%.
- The fastest year-over-year change in Debt Ratio over five years came in Q3 2025 (growth of 15.0%), and the weakest in Q2 2022 (a decline of 22.4%).
- Business Quant data shows PAGP's Debt Ratio at 0.29 (Q1 2026), 0.31 (Q4 2025) and 0.32 (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | Enbridge | 101.53 Bn | 99.08 Bn | 4.84 Bn | 0.48 |
| 2 | Enterprise Products Partners | 76.92 Bn | 75.35 Bn | - | 0.41 |
| 3 | Energy Transfer | 67.97 Bn | 61.41 Bn | 7.40 Bn | 0.46 |
| 4 | Kinder Morgan | 67.10 Bn | 68.05 Bn | 3.07 Bn | 0.44 |
| 5 | Tc Energy | 60.19 Bn | 63.26 Bn | 2.81 Bn | - |
| 6 | Targa Resources | 57.97 Bn | 57.59 Bn | 2.14 Bn | 0.69 |
| 7 | Mplx | 57.16 Bn | 50.72 Bn | 2.91 Bn | 0.60 |
| 8 | Cheniere Energy | 55.61 Bn | 55.74 Bn | 5.29 Bn | 0.50 |
| 9 | Oneok | 53.75 Bn | 52.24 Bn | 2.81 Bn | 0.48 |
| 10 | Plains Gp Holdings | 5.13 Bn | 2.38 Bn | 1.14 Bn | 0.28 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 0.28 |
| Mar 31, 2026 | 0.29 |
| Dec 31, 2025 | 0.31 |
| Sep 30, 2025 | 0.32 |
| Jun 30, 2025 | 0.30 |
| Mar 31, 2025 | 0.30 |
| Dec 31, 2024 | 0.27 |
| Sep 30, 2024 | 0.28 |
| Jun 30, 2024 | 0.28 |
| Mar 31, 2024 | 0.27 |
| Dec 31, 2023 | 0.27 |
| Sep 30, 2023 | 0.27 |
| Jun 30, 2023 | 0.28 |
| Mar 31, 2023 | 0.28 |
| Dec 31, 2022 | 0.29 |
| Sep 30, 2022 | 0.29 |
| Jun 30, 2022 | 0.28 |
| Mar 31, 2022 | 0.28 |
| Dec 31, 2021 | 0.31 |
| Sep 30, 2021 | 0.36 |
API Access
Plains Gp Holdings Debt Ratio 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=debt-ratio&ticker=PAGP&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "debt-ratio", "ticker": "PAGP", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=debt-ratio&ticker=PAGP&period=max&api_key=YOUR_API_KEY");
const data = await res.json();