Pembina Pipeline (PBA) FCF Margin (2011 - 2026)

Pembina Pipeline's (PBA) quarterly FCF Margin came in at 7.03% in Q1 2026, down 2216.0% year-on-year from 0.33% in Q1 2025, and up 201.61% quarter-over-quarter from 6.92% in Q4 2025.

Pembina Pipeline (PBA) FCF Margin (2011 - 2026) Analysis & Trends

Pembina Pipeline has disclosed FCF Margin across 16 years of filings, most recently posting 7.03% for Q1 2026.

  • FCF Margin for Q1 2026 came in at 7.03%, down 2216.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 26.23% (down 687.0% YoY), and the FY2025 annual result was 32.36%, up 177.0% from the prior year.
  • FCF Margin came in at 7.03% for Q1 2026 at Pembina Pipeline, up from 6.92% in the prior quarter.
  • In the past five years, FCF Margin ranged from a high of 65.71% in Q2 2024 to a low of 19.02% in Q4 2024.
  • The 5-year median for FCF Margin is 29.79% (2022), against an average of 31.39%.
  • Across the five-year window, FCF Margin jumped 3997 bps in 2023 and sank 4195 bps in 2024, its largest moves.
  • Pembina Pipeline's FCF Margin stood at 29.79% in 2022, then slipped by 23 bps to 22.93% in 2023, then tumbled by 183 bps to 19.02% in 2024, then soared by 64 bps to 6.92% in 2025, then soared by 202 bps to 7.03% in 2026.
  • The last three FCF Margin figures came in at 7.03% (Q1 2026), 6.92% (Q4 2025), and 55.16% (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) FCF Margin (Qtr)
1 Enbridge 88.33 Bn 89.03 Bn 6.70 Bn -0.43%
2 Enterprise Products Partners 80.83 Bn 79.68 Bn - 3.38%
3 Kinder Morgan 69.66 Bn 70.75 Bn 3.08 Bn 28.13%
4 Energy Transfer 65.60 Bn 64.88 Bn 6.62 Bn 5.26%
5 Scorpio Tankers 59.17 Bn 58.19 Bn - -
6 Mplx 57.43 Bn 55.92 Bn 2.54 Bn 25.41%
7 Targa Resources 56.68 Bn 56.71 Bn 1.70 Bn -3.91%
8 Oneok 55.34 Bn 55.21 Bn 2.57 Bn 0.73%
9 Tc Energy 50.79 Bn 51.99 Bn 2.95 Bn 13.15%
10 Pembina Pipeline 18.82 Bn 18.66 Bn 677.43 Mn 7.03%

Historic Data

Download Data
DateValue
Mar 31, 2026 7.03%
Dec 31, 2025 -6.92%
Sep 30, 2025 55.16%
Jun 30, 2025 55.08%
Mar 31, 2025 29.18%
Dec 31, 2024 -19.02%
Sep 30, 2024 64.21%
Jun 30, 2024 65.71%
Mar 31, 2024 16.23%
Dec 31, 2023 22.93%
Sep 30, 2023 55.88%
Jun 30, 2023 54.57%
Mar 31, 2023 36.77%
Dec 31, 2022 29.79%
Sep 30, 2022 30.73%
Jun 30, 2022 14.60%
Mar 31, 2022 21.67%
Dec 31, 2021 20.35%
Sep 30, 2021 32.76%
Jun 30, 2021 22.42%