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

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

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

Pembina Pipeline has reported Debt Ratio for 16 years, with the latest figure at 0.35 in Q1 2026.

  • Quarterly Debt Ratio rose 8.93% year-over-year to 0.35 in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 0.35 (up 8.93% YoY) and the FY2025 annual result came in at 0.34, up 1.39% from the prior year.
  • Debt Ratio rose to 0.35 in Q1 2026 per PBA's latest filing, from 0.34 in the prior quarter.
  • Over five years, Debt Ratio peaked at 0.35 in Q1 2026 and troughed at 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.
  • The sharpest annual moves came in 2022 and 2025: Debt Ratio retreated 12.92% in 2022, then climbed 16.09% in 2025.
  • Over 5 years, Debt Ratio stood at 0.32 in 2022, then retreated by 4.45% to 0.3 in 2023, then climbed by 10.44% to 0.34 in 2024, then grew by 1.39% to 0.34 in 2025, then gained by 3.34% to 0.35 in 2026.
  • According to Business Quant data, Debt Ratio over the past three periods registered 0.35, 0.34, and 0.33 for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt Ratio (Qtr)
1 Kinder Morgan 112.69 Bn 112.57 Bn 3.07 Bn 0.44
2 Enbridge 110.69 Bn 109.19 Bn 5.23 Bn 0.48
3 Enterprise Products Partners 83.45 Bn 82.54 Bn - 0.41
4 Energy Transfer 72.64 Bn 71.61 Bn 7.40 Bn 0.46
5 Tc Energy 65.84 Bn 58.29 Bn 1.24 Bn -
6 Mplx 60.05 Bn 59.02 Bn 2.73 Bn 0.60
7 Oneok 59.98 Bn 59.82 Bn 2.81 Bn 0.48
8 Targa Resources 59.50 Bn 59.37 Bn 2.14 Bn 0.69
9 Cheniere Energy 55.93 Bn 54.68 Bn 5.29 Bn 0.50
10 Pembina Pipeline 28.28 Bn 28.02 Bn 674.49 Mn 0.33

Historic Data

Download Data
DateValue
Jun 30, 2026 0.33
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