Pembina Pipeline (PBA) EBITDA Margin (2011 - 2026)
Pembina Pipeline's (PBA) quarterly EBITDA Margin came in at 37.45% in Q2 2026, down 72.0% year-over-year from 133.76% in Q2 2025, and little changed quarter-over-quarter from 37.32% in Q1 2026.
Powered by 
Analysis
Pembina Pipeline (PBA) EBITDA Margin (2011 - 2026) Analysis & Trends
Pembina Pipeline has disclosed EBITDA Margin across 16 years of filings, most recently posting 37.45% for Q2 2026.
- In Q2 2026, EBITDA Margin fell 72.0% year-over-year to 37.45%; the TTM figure through Jun 2026 stood at 36.05% (down 704.0% YoY), while the FY2025 annual figure was 77.04%, up 4615.0% from the prior year.
- EBITDA Margin came in at 37.45% for Q2 2026 at Pembina Pipeline, roughly flat from 37.32% in the prior quarter.
- In the past five years, EBITDA Margin ranged from a high of 58.53% in Q1 2023 to a low of 6.15% in Q2 2024.
- Average EBITDA Margin over 5 years is 34.67%, with a median of 34.8% recorded in 2022.
- Year-over-year, EBITDA Margin tumbled 3366 bps in 2024 and jumped 3202 bps in 2025.
- Over 5 years, EBITDA Margin stood at 34.27% in 2022, then advanced by 15 bps to 39.31% in 2023, then retreated by 14 bps to 33.79% in 2024, then dropped by 9 bps to 30.76% in 2025, then climbed by 22 bps to 37.45% in 2026.
- Per Business Quant data, the three most recent EBITDA Margin figures were 37.45% in Q2 2026, 37.32% in Q1 2026, and 30.76% in Q3 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Kinder Morgan | 111.69 Bn | 112.81 Bn | 3.07 Bn | 30.06% |
| 2 | Enterprise Products Partners | 84.07 Bn | 83.21 Bn | - | 12.31% |
| 3 | Energy Transfer | 74.03 Bn | 73.00 Bn | 7.40 Bn | 10.41% |
| 4 | Tc Energy | 65.16 Bn | 64.62 Bn | 1.80 Bn | 58.43% |
| 5 | Targa Resources | 62.18 Bn | 62.19 Bn | 2.14 Bn | 35.71% |
| 6 | Mplx | 60.51 Bn | 59.48 Bn | 2.73 Bn | 51.27% |
| 7 | Oneok | 60.16 Bn | 60.09 Bn | 2.81 Bn | 13.22% |
| 8 | Enbridge | 54.38 Bn | 54.88 Bn | 5.23 Bn | 9.93% |
| 9 | Pembina Pipeline | 28.12 Bn | 27.76 Bn | 933.00 Mn | 37.45% |
| 10 | Gas Transporter Of The South | 21.92 Bn | -3,019.13 Bn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 37.45% |
| Mar 31, 2026 | 37.32% |
| Sep 30, 2025 | 30.76% |
| Jun 30, 2025 | 38.17% |
| Mar 31, 2025 | 34.57% |
| Sep 30, 2024 | 33.79% |
| Jun 30, 2024 | 6.15% |
| Mar 31, 2024 | 41.36% |
| Sep 30, 2023 | 39.31% |
| Jun 30, 2023 | 39.80% |
| Mar 31, 2023 | 58.53% |
| Dec 31, 2022 | 34.27% |
| Sep 30, 2022 | 34.80% |
| Jun 30, 2022 | 20.65% |
| Mar 31, 2022 | 33.08% |
| Dec 31, 2021 | 37.89% |
| Sep 30, 2021 | 39.55% |
| Jun 30, 2021 | 39.82% |
| Mar 31, 2021 | 41.42% |
| Dec 31, 2020 | 51.55% |