Pembina Pipeline (PBA) FCF Margin (2011 - 2026)
Pembina Pipeline (PBA) recorded FCF Margin of 51.81% in Q2 2026, down 3.27 percentage points from 55.08% a year earlier but up 27.03 percentage points from the prior quarter.
Pembina Pipeline (PBA) FCF Margin (2011 - 2026) Analysis & Trends
On a TTM basis, Pembina Pipeline's FCF Margin came in at 38.76% as of Jun 30, 2026, down 17.90 percentage points year-over-year; for FY2025, it was 52.52%, down 3.94 percentage points from FY2024.
- Annual FCF Margin has a five-year change of +31.35 percentage points (FY2020 to FY2025).
- Across earlier years, FCF Margin came in at 56.46% in FY2024 (+5.27 pp), 51.19% in FY2023 (+20.76 pp), 30.44% in FY2022 (-7.91 pp) and 38.34% in FY2021 (+17.18 pp).
- Quarterly FCF Margin has ranged from 17.15% in Q1 2022 to 65.71% in Q2 2024 over the past five years.
- On a year-over-year basis, FCF Margin rose in two of the last six quarters, with an average year-over-year change of -5.21 percentage points.
- Peak year-over-year performance for FCF Margin in the last five years was a gain of 37.41 percentage points in Q2 2023, against a drop of 19.65 percentage points in Q1 2026 at the low end.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Enbridge | 101.53 Bn | 99.08 Bn | 4.84 Bn | 3.87% |
| 2 | Enterprise Products Partners | 76.92 Bn | 75.35 Bn | - | 11.07% |
| 3 | Energy Transfer | 67.97 Bn | 61.41 Bn | 7.40 Bn | 7.88% |
| 4 | Kinder Morgan | 67.10 Bn | 68.05 Bn | 3.07 Bn | 21.84% |
| 5 | Tc Energy | 60.19 Bn | 63.26 Bn | 2.81 Bn | 92.82% |
| 6 | Targa Resources | 57.97 Bn | 57.59 Bn | 2.14 Bn | 9.71% |
| 7 | Mplx | 57.16 Bn | 50.72 Bn | 2.91 Bn | 26.48% |
| 8 | Cheniere Energy | 55.61 Bn | 55.74 Bn | 5.29 Bn | 6.94% |
| 9 | Oneok | 53.75 Bn | 52.24 Bn | 2.81 Bn | 11.95% |
| 10 | Pembina Pipeline | 25.92 Bn | 25.36 Bn | 933.00 Mn | 51.81% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 51.81% |
| Mar 31, 2026 | 24.79% |
| Sep 30, 2025 | 55.16% |
| Jun 30, 2025 | 55.08% |
| Mar 31, 2025 | 44.43% |
| Sep 30, 2024 | 64.21% |
| Jun 30, 2024 | 65.71% |
| Mar 31, 2024 | 40.39% |
| 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% |
| Mar 31, 2021 | 22.57% |
| Dec 31, 2020 | 26.31% |
Pembina Pipeline FCF Margin 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=fcf-margin&ticker=PBA&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "fcf-margin", "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=fcf-margin&ticker=PBA&period=max&api_key=YOUR_API_KEY");
const data = await res.json();