Pembina Pipeline (PBA) Net Margin (2011 - 2026)
Pembina Pipeline (PBA) posted Net Margin of 25.07% for Q1 2026, up 499.52% sequentially from 4.18% in Q4 2025, and up 154.0% YoY from 9.87% in Q1 2025.
Pembina Pipeline (PBA) Net Margin (2011 - 2026) Analysis & Trends
Pembina Pipeline has reported Net Margin for 16 years, with the latest figure at 25.07% in Q1 2026.
- Quarterly Net Margin rose 154.0% year-over-year to 25.07% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 19.76% (down 42665.0% YoY) and the FY2025 annual result came in at 22.98%, down 227.0% from the prior year.
- Net Margin rose to 25.07% in Q1 2026 per PBA's latest filing, from 4.18% in the prior quarter.
- Over five years, Net Margin peaked at 1094.59% in Q2 2023 and troughed at 4.18% in Q4 2025.
- A 5-year average of 532.6% and a median of 584.38% in 2022 frame the typical range for Net Margin.
- The sharpest annual moves came in 2023 and 2025: Net Margin soared 61972 bps in 2023, then tumbled 101225 bps in 2025.
- Over 5 years, Net Margin stood at 584.38% in 2022, then soared by 48 bps to 863.5% in 2023, then tumbled by 96 bps to 35.21% in 2024, then tumbled by 88 bps to 4.18% in 2025, then surged by 500 bps to 25.07% in 2026.
- According to Business Quant data, Net Margin over the past three periods registered 25.07%, 4.18%, and 30.21% for Q1 2026, Q4 2025, and Q3 2025 respectively.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Kinder Morgan | 112.69 Bn | 112.57 Bn | 3.07 Bn | 19.97% |
| 2 | Enbridge | 110.69 Bn | 109.19 Bn | 5.23 Bn | 4.76% |
| 3 | Enterprise Products Partners | 83.45 Bn | 82.54 Bn | - | 10.16% |
| 4 | Energy Transfer | 72.64 Bn | 71.61 Bn | 7.40 Bn | 5.90% |
| 5 | Tc Energy | 65.84 Bn | 58.29 Bn | 1.24 Bn | 55.36% |
| 6 | Mplx | 60.05 Bn | 59.02 Bn | 2.73 Bn | 32.82% |
| 7 | Oneok | 59.98 Bn | 59.82 Bn | 2.81 Bn | 8.03% |
| 8 | Targa Resources | 59.50 Bn | 59.37 Bn | 2.14 Bn | 17.22% |
| 9 | Cheniere Energy | 55.93 Bn | 54.68 Bn | 5.29 Bn | 63.54% |
| 10 | Pembina Pipeline | 28.28 Bn | 28.02 Bn | 674.49 Mn | 25.19% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 25.19% |
| Mar 31, 2026 | 25.07% |
| Dec 31, 2025 | 4.18% |
| Sep 30, 2025 | 30.21% |
| Jun 30, 2025 | 19.48% |
| Mar 31, 2025 | 23.53% |
| Dec 31, 2024 | 35.21% |
| Sep 30, 2024 | 925.00% |
| Jun 30, 2024 | 930.84% |
| Mar 31, 2024 | 1,035.78% |
| Dec 31, 2023 | 863.50% |
| Sep 30, 2023 | 1,072.37% |
| Jun 30, 2023 | 1,094.59% |
| Mar 31, 2023 | 971.82% |
| Dec 31, 2022 | 584.38% |
| Sep 30, 2022 | 587.05% |
| Jun 30, 2022 | 474.86% |
| Mar 31, 2022 | 376.42% |
| Dec 31, 2021 | 557.42% |
| Sep 30, 2021 | 677.11% |