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

Pembina Pipeline has disclosed Gross Margin across 16 years of filings, most recently posting 43.36% for Q2 2026.

• In Q2 2026, Gross Margin fell 17.0% year-over-year to 43.36%; the TTM figure through Jun 2026 stood at 42.09% (up 841.0% YoY), while the FY2025 annual figure was 41.05%, down 386.0% from the prior year.
• Gross Margin came in at 43.36% for Q2 2026 at Pembina Pipeline, down from 44.11% in the prior quarter.
• In the past five years, Gross Margin ranged from a high of 47.4% in Q1 2024 to a low of 22.97% in Q2 2022.
• Average Gross Margin over 5 years is 38.75%, with a median of 41.53% recorded in 2023.
• Year-over-year, Gross Margin soared 2337 bps in 2023 and sank 674 bps in 2025.
• Over 5 years, Gross Margin stood at 25.23% in 2022, then soared by 80 bps to 45.29% in 2023, then declined by 11 bps to 40.51% in 2024, then dropped by 9 bps to 36.74% in 2025, then grew by 18 bps to 43.36% in 2026.
• Per Business Quant data, the three most recent Gross Margin figures were 43.36% in Q2 2026, 44.11% in Q1 2026, and 36.74% in Q3 2025.