Pembina Pipeline (PBA) Return on Invested Capital [ROIC] (2012 - 2026)
Pembina Pipeline (PBA) recorded Return on Invested Capital [ROIC] of 22.40% in Q2 2026, up 12.16 percentage points from 10.24% a year earlier but down 3.54 percentage points from the prior quarter.
Powered by 
Analysis
Pembina Pipeline (PBA) Return on Invested Capital [ROIC] (2012 - 2026) Analysis & Trends
For FY2025, Pembina Pipeline reported Return on Invested Capital [ROIC] of 13.93%, up 13.30 percentage points from FY2024.
- Annual Return on Invested Capital [ROIC] has increased for three straight years, with a five-year change of +13.92 percentage points (FY2020 to FY2025).
- Across earlier years, Return on Invested Capital [ROIC] came in at 0.63% in FY2024 (+0.60 pp), 0.03% in FY2023 (+0.01 pp), 0.02% in FY2022 (unchanged) and 0.03% in FY2021 (+0.01 pp).
- Quarterly Return on Invested Capital [ROIC] has ranged from 0.04% in Q4 2021 to 25.94% in Q1 2026 over the past five years.
- On a year-over-year basis, Return on Invested Capital [ROIC] rose in five of the last seven quarters, with an average year-over-year change of +5.79 percentage points.
- Peak year-over-year performance for Return on Invested Capital [ROIC] in the last five years was a gain of 15.49 percentage points in Q1 2026, against a drop of 32.84 percentage points in Q1 2022 at the low end.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROIC (Qtr) |
|---|---|---|---|---|---|
| 1 | Enbridge | 100.40 Bn | 97.94 Bn | 4.84 Bn | 4.91% |
| 2 | Williams Companies | 86.28 Bn | 85.00 Bn | 2.54 Bn | - |
| 3 | Enterprise Products Partners | 78.15 Bn | 76.58 Bn | - | 12.19% |
| 4 | Energy Transfer | 70.55 Bn | 63.99 Bn | 7.40 Bn | 8.40% |
| 5 | Kinder Morgan | 69.13 Bn | 70.08 Bn | 3.07 Bn | 6.24% |
| 6 | Tc Energy | 61.50 Bn | 64.57 Bn | 2.81 Bn | - |
| 7 | Targa Resources | 60.39 Bn | 60.01 Bn | 2.14 Bn | 13.19% |
| 8 | Mplx | 57.19 Bn | 50.75 Bn | 2.91 Bn | 14.70% |
| 9 | Cheniere Energy | 55.74 Bn | 55.87 Bn | 5.29 Bn | 15.54% |
| 10 | Pembina Pipeline | 26.67 Bn | 26.12 Bn | 933.00 Mn | 22.40% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 22.40% |
| Mar 31, 2026 | 25.94% |
| Sep 30, 2025 | 9.88% |
| Jun 30, 2025 | 10.24% |
| Mar 31, 2025 | 10.45% |
| Dec 31, 2024 | 9.86% |
| Sep 30, 2024 | 14.14% |
| Jun 30, 2024 | 14.21% |
| Mar 31, 2024 | 0.92% |
| Dec 31, 2023 | 0.90% |
| Sep 30, 2023 | 11.49% |
| Jun 30, 2023 | 20.14% |
| Mar 31, 2023 | 0.06% |
| Dec 31, 2022 | 0.06% |
| Sep 30, 2022 | 21.86% |
| Jun 30, 2022 | 16.45% |
| Mar 31, 2022 | 0.04% |
| Dec 31, 2021 | 0.04% |
| Sep 30, 2021 | 11.47% |
| Jun 30, 2021 | 18.36% |
API Access
Pembina Pipeline Return on Invested Capital [ROIC] 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=return-on-invested-capital-%5Broic%5D&ticker=PBA&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-invested-capital-[roic]", "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=return-on-invested-capital-%5Broic%5D&ticker=PBA&period=max&api_key=YOUR_API_KEY");
const data = await res.json();