Pembina Pipeline (PBA) Return on Capital Employed (2012 - 2025)
Pembina Pipeline (PBA) reported Return on Capital Employed of 8.31% for Q4 2025, up 132.0% on a YoY basis from 3.58% in Q4 2024, and up 18.87% sequentially from 6.99% in Q4 2024.
Pembina Pipeline (PBA) Return on Capital Employed (2012 - 2025) Analysis & Trends
Pembina Pipeline (PBA) has 12 years of Return on Capital Employed data on file, last reported at 8.31% in Q4 2025.
- For the quarter ending Q4 2025, Return on Capital Employed rose 132.0% year-over-year to 8.31%; the trailing twelve-month figure through Dec 2025 stood at 8.31% (up 132.0% YoY), and the FY2025 full-year result was 8.25%, up 100.0% from the prior year.
- Return on Capital Employed rose to 8.31% in Q4 2025, from 6.99% in the prior quarter.
- In the past five years, Return on Capital Employed ranged from a high of 12.82% in Q4 2022 to a low of 6.48% in Q3 2024.
- A 5-year average of 8.24% and a median of 7.27% in 2021 frame the typical range for Return on Capital Employed.
- Across the five-year window, Return on Capital Employed soared 808 bps in 2021 and tumbled 353 bps in 2023, its largest moves.
- Tracing PBA's Return on Capital Employed over 5 years: stood at 7.27% in 2021, then surged by 76 bps to 12.82% in 2022, then retreated by 28 bps to 9.29% in 2023, then slipped by 25 bps to 6.99% in 2024, then gained by 19 bps to 8.31% in 2025.
- Business Quant data shows PBA's Return on Capital Employed at 8.31% in Q4 2025, 6.99% in Q4 2024, and 6.48% in Q3 2024.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROCE (Qtr) |
|---|---|---|---|---|---|
| 1 | DHT Holdings | 2,706.13 Bn | 2,706.00 Bn | 167.16 Mn | 22.21% |
| 2 | Flex LNG | 1,674.16 Bn | 1,673.77 Bn | 61.79 Mn | 14.37% |
| 3 | Kinder Morgan | 112.74 Bn | 113.82 Bn | 3.07 Bn | 7.68% |
| 4 | Enbridge | 89.82 Bn | 89.03 Bn | 6.70 Bn | 5.26% |
| 5 | Enterprise Products Partners | 83.97 Bn | 82.82 Bn | - | 11.93% |
| 6 | Tc Energy | 72.76 Bn | 73.95 Bn | 1.36 Bn | - |
| 7 | Energy Transfer | 70.27 Bn | 69.30 Bn | 6.62 Bn | 7.59% |
| 8 | Targa Resources | 61.30 Bn | 61.34 Bn | 1.70 Bn | 15.97% |
| 9 | Oneok | 61.15 Bn | 61.02 Bn | 8.98 Bn | 9.98% |
| 10 | Pembina Pipeline | 29.74 Bn | 29.46 Bn | 677.43 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 8.31% |
| Dec 31, 2024 | 6.99% |
| Sep 30, 2024 | 6.48% |
| Jun 30, 2024 | 6.53% |
| Dec 31, 2023 | 9.29% |
| Dec 31, 2022 | 12.82% |
| Dec 31, 2021 | 7.27% |
| Dec 31, 2020 | -0.81% |
| Dec 31, 2017 | 8.40% |
| Jun 30, 2017 | 21.18% |
| Mar 31, 2017 | 12.01% |
| Dec 31, 2016 | 7.65% |
| Jun 30, 2016 | 6.37% |
| Dec 31, 2015 | 6.84% |
| Mar 31, 2015 | 7.06% |
| Dec 31, 2014 | 7.87% |
| Sep 30, 2014 | 8.94% |
| Jun 30, 2014 | 9.66% |
| Mar 31, 2014 | 10.00% |
| Dec 31, 2013 | 9.29% |