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| Date | Value |
|---|---|
| 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 |