Plains Gp Holdings (PAGP) Debt Ratio (2012 - 2026)
Plains Gp Holdings' (PAGP) quarterly Debt Ratio came in at 0.28 in Q2 2026, down 8.85% year-over-year from 0.3 in Q2 2025, and down 4.79% quarter-over-quarter from 0.29 in Q1 2026.
Analysis
Plains Gp Holdings (PAGP) Debt Ratio (2012 - 2026) Analysis & Trends
Plains Gp Holdings (PAGP) has reported Debt Ratio for 15 consecutive years, with 0.28 the latest figure, recorded in Q2 2026.
- On a quarterly basis, Debt Ratio fell 8.85% year-over-year to 0.28 in Q2 2026; TTM through Jun 2026 was 0.28, a 8.85% decrease from a year earlier, with the FY2025 full-year figure at 0.31, up 13.82% from the prior year.
- Debt Ratio was 0.28 for Q2 2026 at Plains Gp Holdings, down from 0.29 in the prior quarter.
- Over five years, Debt Ratio peaked at 0.32 in Q3 2025 and troughed at 0.27 in Q4 2023.
- A 5-year average of 0.29 and a median of 0.28 in 2023 frame the typical range for Debt Ratio.
- Across the five-year window, Debt Ratio slipped 22.35% in 2022 and advanced 15.04% in 2025, its largest moves.
- Over 5 years, Debt Ratio stood at 0.29 in 2022, then decreased by 6.48% to 0.27 in 2023, then climbed by 1.15% to 0.27 in 2024, then advanced by 13.82% to 0.31 in 2025, then declined by 10.43% to 0.28 in 2026.
- The last three Debt Ratio figures came in at 0.28 (Q2 2026), 0.29 (Q1 2026), and 0.31 (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | Kinder Morgan | 111.69 Bn | 112.81 Bn | 3.07 Bn | 0.44 |
| 2 | Enterprise Products Partners | 84.07 Bn | 83.21 Bn | - | 0.41 |
| 3 | Energy Transfer | 74.03 Bn | 73.00 Bn | 7.40 Bn | 0.46 |
| 4 | Tc Energy | 65.16 Bn | 64.62 Bn | 1.80 Bn | - |
| 5 | Targa Resources | 62.18 Bn | 62.19 Bn | 2.14 Bn | 0.69 |
| 6 | Mplx | 60.51 Bn | 59.48 Bn | 2.73 Bn | 0.60 |
| 7 | Oneok | 60.16 Bn | 60.09 Bn | 2.81 Bn | 0.50 |
| 8 | Enbridge | 54.38 Bn | 54.88 Bn | 5.23 Bn | 0.48 |
| 9 | Pembina Pipeline | 28.12 Bn | 27.76 Bn | 933.00 Mn | 0.03 |
| 10 | Plains Gp Holdings | 5.52 Bn | 4.46 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 |