Pembina Pipeline (PBA) FCF Margin (2011 - 2026)
Pembina Pipeline (PBA) reported FCF Margin of 24.79% for Q1 2026, down 440.0% on a YoY basis from 7.29% in Q1 2025, and up 458.38% sequentially from 6.92% in Q4 2025.
Pembina Pipeline (PBA) FCF Margin (2011 - 2026) Analysis & Trends
Pembina Pipeline (PBA) has 16 years of FCF Margin data on file, last reported at 24.79% in Q1 2026.
- For the quarter ending Q1 2026, FCF Margin fell 440.0% year-over-year to 24.79%; the trailing twelve-month figure through Mar 2026 stood at 31.19% (down 192.0% YoY), and the FY2025 full-year result was 41.19%, up 1059.0% from the prior year.
- FCF Margin advanced to 24.79% in Q1 2026, 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.
- A 5-year average of 34.38% and a median of 30.73% in 2022 frame the typical range for FCF Margin.
- Across the five-year window, FCF Margin jumped 3741 bps in 2023 and slumped 7463 bps in 2024, its largest moves.
- Tracing PBA's FCF Margin over 5 years: stood at 20.27% in 2022, then surged by 174 bps to 55.61% in 2023, then plunged by 134 bps to 19.02% in 2024, then surged by 64 bps to 6.92% in 2025, then soared by 458 bps to 24.79% in 2026.
- Business Quant data shows PBA's FCF Margin at 24.79% in Q1 2026, 6.92% in Q4 2025, and 55.16% in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | DHT Holdings | 2,706.13 Bn | 2,706.00 Bn | 167.16 Mn | 53.09% |
| 2 | Flex LNG | 1,674.16 Bn | 1,673.77 Bn | 61.79 Mn | 15.79% |
| 3 | Kinder Morgan | 112.74 Bn | 113.82 Bn | 3.07 Bn | 21.84% |
| 4 | Enbridge | 89.82 Bn | 89.03 Bn | 6.70 Bn | -0.43% |
| 5 | Enterprise Products Partners | 83.97 Bn | 82.82 Bn | - | 3.38% |
| 6 | Tc Energy | 72.76 Bn | 73.95 Bn | 1.36 Bn | 97.53% |
| 7 | Energy Transfer | 70.27 Bn | 69.30 Bn | 6.62 Bn | 5.26% |
| 8 | Targa Resources | 61.30 Bn | 61.34 Bn | 1.70 Bn | -3.91% |
| 9 | Oneok | 61.15 Bn | 61.02 Bn | 8.98 Bn | 0.73% |
| 10 | Pembina Pipeline | 29.74 Bn | 29.46 Bn | 677.43 Mn | 24.79% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 24.79% |
| 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 | 55.61% |
| Sep 30, 2023 | 56.91% |
| Jun 30, 2023 | 54.57% |
| Mar 31, 2023 | 47.65% |
| Dec 31, 2022 | 20.27% |
| Sep 30, 2022 | 30.73% |
| Jun 30, 2022 | 17.16% |
| Mar 31, 2022 | 17.15% |
| Dec 31, 2021 | 21.80% |
| Sep 30, 2021 | 32.76% |
| Jun 30, 2021 | 23.03% |