Pembina Pipeline (PBA) EBT Margin (2011 - 2026)
Pembina Pipeline's (PBA) quarterly EBT Margin came in at 29.96% in Q1 2026, up 196.0% year-on-year from 10.12% in Q1 2025, and down 10.02% quarter-over-quarter from 33.3% in Q4 2025.
Pembina Pipeline (PBA) EBT Margin (2011 - 2026) Analysis & Trends
Pembina Pipeline has disclosed EBT Margin across 16 years of filings, most recently posting 29.96% for Q1 2026.
- EBT Margin for Q1 2026 came in at 29.96%, up 196.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 28.91% (up 653.0% YoY), and the FY2025 annual result was 28.37%, up 508.0% from the prior year.
- EBT Margin came in at 29.96% for Q1 2026 at Pembina Pipeline, down from 33.3% in the prior quarter.
- In the past five years, EBT Margin ranged from a high of 62.65% in Q3 2022 to a low of 1.46% in Q2 2024.
- The 5-year median for EBT Margin is 29.74% (2025), against an average of 28.79%.
- Across the five-year window, EBT Margin tumbled 3359 bps in 2024 and jumped 3120 bps in 2025, its largest moves.
- Pembina Pipeline's EBT Margin stood at 16.6% in 2022, then jumped by 167 bps to 44.39% in 2023, then fell by 22 bps to 34.69% in 2024, then decreased by 4 bps to 33.3% in 2025, then slipped by 10 bps to 29.96% in 2026.
- The last three EBT Margin figures came in at 29.96% (Q1 2026), 33.3% (Q4 2025), and 22.22% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBT Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Enbridge | 88.33 Bn | 89.03 Bn | 6.70 Bn | 10.58% |
| 2 | Enterprise Products Partners | 80.83 Bn | 79.68 Bn | - | 10.55% |
| 3 | Kinder Morgan | 69.66 Bn | 70.75 Bn | 3.08 Bn | 26.68% |
| 4 | Energy Transfer | 65.60 Bn | 64.88 Bn | 6.62 Bn | 7.60% |
| 5 | Scorpio Tankers | 59.17 Bn | 58.19 Bn | - | - |
| 6 | Mplx | 57.43 Bn | 55.92 Bn | 2.54 Bn | 30.38% |
| 7 | Targa Resources | 56.68 Bn | 56.71 Bn | 1.70 Bn | 14.93% |
| 8 | Oneok | 55.34 Bn | 55.21 Bn | 2.57 Bn | 10.62% |
| 9 | Tc Energy | 50.79 Bn | 51.99 Bn | 2.95 Bn | 34.17% |
| 10 | Pembina Pipeline | 18.82 Bn | 18.66 Bn | 677.43 Mn | 29.96% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 29.96% |
| Dec 31, 2025 | 33.30% |
| Sep 30, 2025 | 22.22% |
| Jun 30, 2025 | 29.74% |
| Mar 31, 2025 | 28.00% |
| Dec 31, 2024 | 34.69% |
| Sep 30, 2024 | 25.70% |
| Jun 30, 2024 | -1.46% |
| Mar 31, 2024 | 34.35% |
| Dec 31, 2023 | 44.39% |
| Sep 30, 2023 | 30.38% |
| Jun 30, 2023 | 32.14% |
| Mar 31, 2023 | 29.36% |
| Dec 31, 2022 | 16.60% |
| Sep 30, 2022 | 62.65% |
| Jun 30, 2022 | 16.64% |
| Mar 31, 2022 | 20.84% |
| Dec 31, 2021 | 5.20% |
| Sep 30, 2021 | 36.34% |
| Jun 30, 2021 | 13.66% |