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
DateValue
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%