Pembina Pipeline (PBA) Net Margin (2011 - 2026)
Pembina Pipeline (PBA) reported Net Margin of 22.30% for Q2 2026, up 1.10 percentage points from 21.21% a year earlier and up 0.18 percentage points from the prior quarter.
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Analysis
Pembina Pipeline (PBA) Net Margin (2011 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Pembina Pipeline's Net Margin came in at 49.94%, up 27.27 percentage points year-over-year; for FY2025, it was 21.78%, down 3.60 percentage points from FY2024.
- Net Margin has a five-year change of -18.57 percentage points (FY2020 to FY2025).
- By year, Net Margin came in at 25.38% in FY2024 (-2.67 pp), 28.05% in FY2023 (+3.58 pp), 24.48% in FY2022 (+11.75 pp) and 12.73% in FY2021 (-27.62 pp).
- The Q2 2026 figure ranks as the highest quarterly Net Margin since Q2 2024.
- Year over year, Net Margin gained in two of the last six quarters, with an average year-over-year change of -2.17 percentage points.
- The high point for year-over-year Net Margin in five years was Q4 2022 (a gain of 10.67 percentage points); the low point was Q4 2021 (a drop of 22.20 percentage points).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Enbridge | 104.91 Bn | 100.51 Bn | 4.84 Bn | 4.76% |
| 2 | Williams Companies | 89.00 Bn | 87.72 Bn | 2.54 Bn | 37.21% |
| 3 | Enterprise Products Partners | 79.25 Bn | 77.64 Bn | - | 10.07% |
| 4 | Kinder Morgan | 75.57 Bn | 75.28 Bn | 3.07 Bn | 19.37% |
| 5 | Energy Transfer | 69.31 Bn | 62.49 Bn | 7.40 Bn | 5.90% |
| 6 | Tc Energy | 64.99 Bn | 61.07 Bn | 2.81 Bn | 24.94% |
| 7 | Targa Resources | 63.80 Bn | 63.28 Bn | 2.14 Bn | 17.22% |
| 8 | Cheniere Energy | 59.23 Bn | 54.06 Bn | 5.29 Bn | 53.52% |
| 9 | Mplx | 58.88 Bn | 52.44 Bn | 2.91 Bn | 32.82% |
| 10 | Pembina Pipeline | 29.42 Bn | 28.87 Bn | 933.00 Mn | 22.30% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 22.30% |
| Mar 31, 2026 | 22.13% |
| Sep 30, 2025 | 14.01% |
| Jun 30, 2025 | 21.21% |
| Mar 31, 2025 | 20.33% |
| Sep 30, 2024 | 18.76% |
| Jun 30, 2024 | 23.50% |
| Mar 31, 2024 | 26.23% |
| Dec 31, 2021 | 27.23% |
| Dec 31, 2020 | 45.60% |
| Mar 31, 2020 | 24.54% |
| Dec 31, 2019 | 41.51% |
| Mar 31, 2019 | 30.89% |
| Dec 31, 2018 | 37.25% |
| Mar 31, 2018 | 27.11% |
| Dec 31, 2017 | 28.96% |
| Sep 30, 2017 | 7.99% |
| Jun 30, 2017 | 8.37% |
| Mar 31, 2017 | 12.84% |
| Dec 31, 2016 | 21.34% |
API Access
Pembina Pipeline Net 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=net-margin&ticker=PBA&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "net-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=net-margin&ticker=PBA&period=max&api_key=YOUR_API_KEY");
const data = await res.json();