Plains Gp Holdings (PAGP) Interest Coverage Ratio (2012 - 2026)

Plains Gp Holdings' (PAGP) quarterly Interest Coverage Ratio came in at 2.8 in Q1 2026, down 15.65% year-on-year from 3.32 in Q1 2025, and up 5.94% on a QoQ basis from 2.64 in Q4 2025.

Plains Gp Holdings (PAGP) Interest Coverage Ratio (2012 - 2026) Analysis & Trends

Plains Gp Holdings (PAGP) has 15 years of Interest Coverage Ratio data on file, last reported at 2.8 in Q1 2026.

  • On a quarterly basis, Interest Coverage Ratio fell 15.65% year-over-year to 2.8 in Q1 2026; TTM through Mar 2026 was 2.95, a 35.21% increase from a year earlier, with the FY2025 full-year figure at 3.06, up 35.51% from the prior year.
  • Interest Coverage Ratio for Q1 2026 stood at 2.8, up from 2.64 in the prior quarter.
  • Over the last five years, Interest Coverage Ratio for PAGP reached as high as 6.3 in Q3 2022 and fell as low as 0.45 in Q4 2022.
  • Historically, Interest Coverage Ratio has averaged 2.93 across 5 years, with a median of 2.8 in 2026.
  • Across the five-year window, Interest Coverage Ratio jumped 1770.3% in 2022 and sank 110.05% in 2024, its largest moves.
  • Year by year, Interest Coverage Ratio stood at 0.45 in 2022, then surged by 491.88% to 1.78 in 2023, then tumbled by 110.05% to 0.18 in 2024, then jumped by 1576.29% to 2.64 in 2025, then rose by 5.94% to 2.8 in 2026.
  • Per Business Quant data, the three most recent Interest Coverage Ratio figures were 2.8 in Q1 2026, 2.64 in Q4 2025, and 4.31 in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Interest Cover (Qtr)
1 DHT Holdings 2,706.13 Bn 2,706.00 Bn 167.16 Mn 29.67
2 Flex LNG 1,674.16 Bn 1,673.77 Bn 61.79 Mn -4.16
3 Kinder Morgan 112.74 Bn 113.82 Bn 3.07 Bn 5.26
4 Enbridge 89.82 Bn 89.03 Bn 6.70 Bn 2.64
5 Enterprise Products Partners 83.97 Bn 82.82 Bn - 2.88
6 Tc Energy 72.76 Bn 73.95 Bn 1.36 Bn 0.70
7 Energy Transfer 70.27 Bn 69.30 Bn 6.62 Bn 3.15
8 Targa Resources 61.30 Bn 61.34 Bn 1.70 Bn 2.21
9 Oneok 61.15 Bn 61.02 Bn 8.98 Bn 3.25
10 Plains Gp Holdings 5.25 Bn 5.07 Bn 977.00 Mn 2.80

Historic Data

Download Data
DateValue
Mar 31, 2026 2.80
Dec 31, 2025 2.64
Sep 30, 2025 4.31
Jun 30, 2025 2.15
Mar 31, 2025 3.32
Dec 31, 2024 -0.18
Sep 30, 2024 2.01
Jun 30, 2024 3.44
Mar 31, 2024 3.74
Dec 31, 2023 1.78
Sep 30, 2023 2.39
Jun 30, 2023 3.95
Mar 31, 2023 4.81
Dec 31, 2022 -0.45
Sep 30, 2022 6.30
Jun 30, 2022 4.12
Mar 31, 2022 2.72
Dec 31, 2021 7.27
Sep 30, 2021 -0.38
Jun 30, 2021 -2.23