Pembina Pipeline (PBA) EBITDA Margin (2011 - 2026)
Pembina Pipeline's (PBA) quarterly EBITDA Margin came in at 27.21% in Q1 2026, up 552.0% year-on-year from 4.17% in Q1 2025, and down 65.28% quarter-over-quarter from 78.36% in Q4 2025.
Pembina Pipeline (PBA) EBITDA Margin (2011 - 2026) Analysis & Trends
Pembina Pipeline has disclosed EBITDA Margin across 16 years of filings, most recently posting 27.21% for Q1 2026.
- EBITDA Margin for Q1 2026 came in at 27.21%, up 552.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 34.05% (down 364.0% YoY), and the FY2025 annual result was 77.04%, down 59694116.0% from the prior year.
- EBITDA Margin came in at 27.21% for Q1 2026 at Pembina Pipeline, down from 78.36% in the prior quarter.
- In the past five years, EBITDA Margin ranged from a high of 81.67% in Q4 2024 to a low of 6.58% in Q2 2025.
- The 5-year median for EBITDA Margin is 27.98% (2024), against an average of 35.84%.
- Across the five-year window, EBITDA Margin surged 4220 bps in 2022 and slumped 4513 bps in 2023, its largest moves.
- Pembina Pipeline's EBITDA Margin stood at 34.27% in 2022, then jumped by 48 bps to 50.71% in 2023, then soared by 61 bps to 81.67% in 2024, then slipped by 4 bps to 78.36% in 2025, then sank by 65 bps to 27.21% in 2026.
- The last three EBITDA Margin figures came in at 27.21% (Q1 2026), 78.36% (Q4 2025), and 22.72% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Enbridge | 88.33 Bn | 89.03 Bn | 6.70 Bn | 14.43% |
| 2 | Enterprise Products Partners | 80.83 Bn | 79.68 Bn | - | 13.17% |
| 3 | Kinder Morgan | 69.66 Bn | 70.75 Bn | 3.08 Bn | 29.91% |
| 4 | Energy Transfer | 65.60 Bn | 64.88 Bn | 6.62 Bn | 10.74% |
| 5 | Scorpio Tankers | 59.17 Bn | 58.19 Bn | - | - |
| 6 | Mplx | 57.43 Bn | 55.92 Bn | 2.54 Bn | 50.33% |
| 7 | Targa Resources | 56.68 Bn | 56.71 Bn | 1.70 Bn | 28.57% |
| 8 | Oneok | 55.34 Bn | 55.21 Bn | 2.57 Bn | 14.85% |
| 9 | Tc Energy | 50.79 Bn | 51.99 Bn | 2.95 Bn | 68.07% |
| 10 | Pembina Pipeline | 18.82 Bn | 18.66 Bn | 677.43 Mn | 27.21% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 27.21% |
| Dec 31, 2025 | 78.36% |
| Sep 30, 2025 | 22.72% |
| Jun 30, 2025 | 6.58% |
| Mar 31, 2025 | 21.69% |
| Dec 31, 2024 | 81.67% |
| Sep 30, 2024 | 16.32% |
| Jun 30, 2024 | 27.98% |
| Mar 31, 2024 | 34.16% |
| Dec 31, 2023 | 50.71% |
| Sep 30, 2023 | 29.97% |
| Jun 30, 2023 | 20.18% |
| Mar 31, 2023 | 21.88% |
| Dec 31, 2022 | 34.27% |
| Sep 30, 2022 | 75.10% |
| Jun 30, 2022 | 27.43% |
| Mar 31, 2022 | 33.08% |
| Dec 31, 2021 | 37.89% |
| Sep 30, 2021 | 32.90% |
| Jun 30, 2021 | 39.82% |