Pembina Pipeline (PBA) Tax Rate (2011 - 2026)

Pembina Pipeline (PBA) reported Tax Rate of 21.08% for Q1 2026, down 36.0% on a YoY basis from 32.93% in Q1 2025, and down 82.31% sequentially from 119.17% in Q4 2025.

Pembina Pipeline (PBA) Tax Rate (2011 - 2026) Analysis & Trends

Pembina Pipeline (PBA) has 16 years of Tax Rate data on file, last reported at 21.08% in Q1 2026.

  • For the quarter ending Q1 2026, Tax Rate fell 36.0% year-over-year to 21.08%; the trailing twelve-month figure through Mar 2026 stood at 17.3% (up 1907.0% YoY), and the FY2025 full-year result was 41.34%, down 2570.0% from the prior year.
  • Tax Rate fell to 21.08% in Q1 2026, from 119.17% in the prior quarter.
  • In the past five years, Tax Rate ranged from a high of 119.17% in Q4 2025 to a low of 99.02% in Q2 2024.
  • A 5-year average of 17.94% and a median of 19.42% in 2022 frame the typical range for Tax Rate.
  • Across the five-year window, Tax Rate tumbled 12051 bps in 2024 and surged 12684 bps in 2025, its largest moves.
  • Tracing PBA's Tax Rate over 5 years: stood at 19.42% in 2022, then slipped by 26 bps to 14.36% in 2023, then advanced by 28 bps to 18.37% in 2024, then jumped by 549 bps to 119.17% in 2025, then sank by 82 bps to 21.08% in 2026.
  • Business Quant data shows PBA's Tax Rate at 21.08% in Q1 2026, 119.17% in Q4 2025, and 28.14% in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Tax Rate (Qtr)
1 DHT Holdings 2,706.13 Bn 2,706.00 Bn 167.16 Mn -0.08%
2 Flex LNG 1,674.16 Bn 1,673.77 Bn 61.79 Mn -0.12%
3 Kinder Morgan 112.74 Bn 113.82 Bn 3.07 Bn 23.33%
4 Enbridge 89.82 Bn 89.03 Bn 6.70 Bn 24.82%
5 Enterprise Products Partners 83.97 Bn 82.82 Bn - 1.45%
6 Tc Energy 72.76 Bn 73.95 Bn 1.36 Bn 10.04%
7 Energy Transfer 70.27 Bn 69.30 Bn 6.62 Bn 6.40%
8 Targa Resources 61.30 Bn 61.34 Bn 1.70 Bn 20.27%
9 Oneok 61.15 Bn 61.02 Bn 8.98 Bn 24.00%
10 Pembina Pipeline 29.74 Bn 29.46 Bn 677.43 Mn 21.08%

Historic Data

Download Data
DateValue
Mar 31, 2026 21.08%
Mar 31, 2026 21.08%
Mar 31, 2026 21.08%
Dec 31, 2025 119.17%
Dec 31, 2025 119.17%
Dec 31, 2025 119.17%
Sep 30, 2025 28.14%
Sep 30, 2025 28.14%
Sep 30, 2025 28.14%
Jun 30, 2025 27.82%
Jun 30, 2025 27.82%
Jun 30, 2025 27.82%
Mar 31, 2025 21.44%
Mar 31, 2025 21.44%
Mar 31, 2025 21.44%
Dec 31, 2024 18.37%
Dec 31, 2024 18.37%
Dec 31, 2024 18.37%
Sep 30, 2024 18.78%
Sep 30, 2024 18.78%