Pembina Pipeline (PBA) EV to EBITDA (2012 - 2026)
Pembina Pipeline's EV to EBITDA came in at 2.38 for Q2 2026, down 48.9% from 4.66 a year earlier but up 9.4% from the prior quarter.
Pembina Pipeline (PBA) EV to EBITDA (2012 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Pembina Pipeline reported EV to EBITDA of 2.35, down 48.8% year-over-year; for FY2025, it was 8.11, down 12.8% from FY2024.
- Going back by year, EV to EBITDA was 9.30 in FY2024 (+16.4%), 7.99 in FY2023 (+45.0%), 5.51 in FY2022 (-9.1%) and 6.06 in FY2021 (-66.1%).
- The five-year range for quarterly EV to EBITDA is 1.86 (Q4 2025) to 7.45 (Q3 2021).
- Year-over-year, EV to EBITDA has declined for three consecutive quarters, with an average decline of 16.1% over the last eight quarters.
- The fastest year-over-year change in EV to EBITDA over five years came in Q3 2023 (growth of 82.7%), and the weakest in Q4 2025 (a decline of 68.0%).
- Business Quant data shows PBA's EV to EBITDA at 2.18 (Q1 2026), 1.86 (Q4 2025) and 4.96 (Q3 2025) in the three quarters before Q2 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Enbridge | 104.84 Bn | 100.44 Bn | 4.84 Bn |
| 2 | Williams Companies | 89.20 Bn | 87.92 Bn | 2.54 Bn |
| 3 | Enterprise Products Partners | 79.12 Bn | 77.51 Bn | - |
| 4 | Kinder Morgan | 75.45 Bn | 75.15 Bn | 3.07 Bn |
| 5 | Energy Transfer | 69.26 Bn | 62.44 Bn | 7.40 Bn |
| 6 | Tc Energy | 64.74 Bn | 60.82 Bn | 2.81 Bn |
| 7 | Targa Resources | 63.52 Bn | 63.00 Bn | 2.14 Bn |
| 8 | Cheniere Energy | 59.48 Bn | 54.30 Bn | 5.29 Bn |
| 9 | Mplx | 59.26 Bn | 52.82 Bn | 2.91 Bn |
| 10 | Pembina Pipeline | 29.43 Bn | 28.88 Bn | 933.00 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 7.03 |
| Mar 31, 2026 | 6.85 |
| Sep 30, 2025 | 6.47 |
| Jun 30, 2025 | 6.81 |
| Mar 31, 2025 | 7.64 |
| Sep 30, 2024 | 8.55 |
| Jun 30, 2024 | 9.04 |
| Mar 31, 2024 | 5.19 |
| Dec 31, 2023 | 6.12 |
| Dec 31, 2022 | 6.88 |
| Dec 31, 2021 | 6.42 |
| Dec 31, 2018 | 10.17 |
| Dec 31, 2017 | 12.67 |
| Sep 30, 2017 | 18.37 |
| Jun 30, 2017 | 11.63 |
| Mar 31, 2017 | 11.32 |
| Dec 31, 2016 | 15.15 |
| Sep 30, 2016 | 11.13 |
| Jun 30, 2016 | 11.62 |
| Mar 31, 2016 | 10.47 |
Pembina Pipeline EV to EBITDA API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=ev-to-ebitda&ticker=PBA&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ev-to-ebitda", "ticker": "PBA", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=ev-to-ebitda&ticker=PBA&period=max&api_key=YOUR_API_KEY");
const data = await res.json();