Plains Gp Holdings (PAGP) Interest Coverage Ratio (2012 - 2026)
Plains Gp Holdings (PAGP) posted quarterly Interest Coverage Ratio of 2.8 for Q1 2026, down 15.65% year-over-year from 3.32 in Q1 2025, and up 8.31% quarter-over-quarter from 2.58 in Q4 2025.
Plains Gp Holdings (PAGP) Interest Coverage Ratio (2012 - 2026) Analysis & Trends
Plains Gp Holdings (PAGP) has reported Interest Coverage Ratio for 15 consecutive years, with 2.8 the latest figure, recorded in Q1 2026.
- In Q1 2026, Interest Coverage Ratio fell 15.65% year-over-year to 2.8; the TTM figure through Mar 2026 stood at 2.94 (up 34.4% YoY), while the FY2025 annual figure was 3.06, up 35.51% from the prior year.
- Interest Coverage Ratio grew to 2.8 in Q1 2026 per PAGP's latest filing, from 2.58 in the prior quarter.
- Across five years, Interest Coverage Ratio topped out at 6.3 in Q3 2022 and bottomed at 0.29 in Q4 2022.
- Historically, Interest Coverage Ratio has averaged 2.95 across 5 years, with a median of 2.8 in 2026.
- Annual changes were most pronounced in 2022 — Interest Coverage Ratio soared 1770.3% — and 2024, when it tumbled 109.1%.
- Plains Gp Holdings' Interest Coverage Ratio stood at 0.29 in 2022, then jumped by 773.19% to 1.97 in 2023, then sank by 109.1% to 0.18 in 2024, then soared by 1543.97% to 2.58 in 2025, then increased by 8.31% to 2.8 in 2026.
- Business Quant data shows PAGP's Interest Coverage Ratio at 2.8 in Q1 2026, 2.58 in Q4 2025, and 4.31 in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Kinder Morgan | 112.69 Bn | 112.57 Bn | 3.07 Bn | 5.26 |
| 2 | Enbridge | 110.69 Bn | 109.19 Bn | 5.23 Bn | 2.09 |
| 3 | Enterprise Products Partners | 83.45 Bn | 82.54 Bn | - | 2.31 |
| 4 | Energy Transfer | 72.64 Bn | 71.61 Bn | 7.40 Bn | 3.83 |
| 5 | Tc Energy | 65.84 Bn | 58.29 Bn | 1.24 Bn | 0.31 |
| 6 | Mplx | 60.05 Bn | 59.02 Bn | 2.73 Bn | 4.28 |
| 7 | Oneok | 59.98 Bn | 59.82 Bn | 2.81 Bn | 3.67 |
| 8 | Targa Resources | 59.50 Bn | 59.37 Bn | 2.14 Bn | 1.29 |
| 9 | Cheniere Energy | 55.93 Bn | 54.68 Bn | 5.29 Bn | 1.41 |
| 10 | Plains Gp Holdings | 5.12 Bn | 4.06 Bn | 1.14 Bn | 2.94 |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 2.94 |
| Mar 31, 2026 | 2.80 |
| Dec 31, 2025 | 2.58 |
| 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 | 1.97 |
| Sep 30, 2023 | 2.39 |
| Jun 30, 2023 | 3.95 |
| Mar 31, 2023 | 4.81 |
| Dec 31, 2022 | -0.29 |
| 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 |