Pembina Pipeline (PBA) Debt Ratio (2011 - 2026)

Pembina Pipeline (PBA) reported Debt Ratio of 0.35 for Q1 2026, up 8.93% on a YoY basis from 0.32 in Q1 2025, and up 3.34% sequentially from 0.34 in Q4 2025.

Pembina Pipeline (PBA) Debt Ratio (2011 - 2026) Analysis & Trends

Pembina Pipeline (PBA) has 16 years of Debt Ratio data on file, last reported at 0.35 in Q1 2026.

  • For the quarter ending Q1 2026, Debt Ratio rose 8.93% year-over-year to 0.35; the trailing twelve-month figure through Mar 2026 stood at 0.35 (up 8.93% YoY), and the FY2025 full-year result was 0.29, down 14.21% from the prior year.
  • Debt Ratio rose to 0.35 in Q1 2026, from 0.34 in the prior quarter.
  • In the past five years, Debt Ratio ranged from a high of 0.35 in Q1 2026 to a low of 0.3 in Q2 2024.
  • A 5-year average of 0.32 and a median of 0.32 in 2025 frame the typical range for Debt Ratio.
  • Across the five-year window, Debt Ratio declined 12.92% in 2022 and gained 16.09% in 2025, its largest moves.
  • Tracing PBA's Debt Ratio over 5 years: stood at 0.32 in 2022, then dropped by 4.45% to 0.3 in 2023, then rose by 10.44% to 0.34 in 2024, then gained by 1.39% to 0.34 in 2025, then grew by 3.34% to 0.35 in 2026.
  • Business Quant data shows PBA's Debt Ratio at 0.35 in Q1 2026, 0.34 in Q4 2025, and 0.33 in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt Ratio (Qtr)
1 DHT Holdings 2,706.13 Bn 2,706.00 Bn 167.16 Mn 0.06
2 Flex LNG 1,674.16 Bn 1,673.77 Bn 61.79 Mn 0.70
3 Kinder Morgan 112.74 Bn 113.82 Bn 3.07 Bn 0.44
4 Enbridge 89.82 Bn 89.03 Bn 6.70 Bn 0.47
5 Enterprise Products Partners 83.97 Bn 82.82 Bn - 0.42
6 Tc Energy 72.76 Bn 73.95 Bn 1.36 Bn 0.39
7 Energy Transfer 70.27 Bn 69.30 Bn 6.62 Bn 0.47
8 Targa Resources 61.30 Bn 61.34 Bn 1.70 Bn 0.70
9 Oneok 61.15 Bn 61.02 Bn 8.98 Bn 0.49
10 Pembina Pipeline 29.74 Bn 29.46 Bn 677.43 Mn 0.35

Historic Data

Download Data
DateValue
Mar 31, 2026 0.35
Dec 31, 2025 0.34
Sep 30, 2025 0.33
Jun 30, 2025 0.34
Mar 31, 2025 0.32
Dec 31, 2024 0.34
Sep 30, 2024 0.33
Jun 30, 2024 0.30
Mar 31, 2024 0.32
Dec 31, 2023 0.30
Sep 30, 2023 0.32
Jun 30, 2023 0.32
Mar 31, 2023 0.30
Dec 31, 2022 0.32
Sep 30, 2022 0.30
Jun 30, 2022 0.31
Mar 31, 2022 0.32
Dec 31, 2021 0.34
Sep 30, 2021 0.32
Jun 30, 2021 0.35