Pembina Pipeline (PBA) Tax Rate (2011 - 2026)
Pembina Pipeline's (PBA) quarterly Tax Rate came in at 21.47% in Q2 2026, down 29.0% year-over-year from 30.24% in Q2 2025, and up 1.87% quarter-over-quarter from 21.08% in Q1 2026.
Analysis
Pembina Pipeline (PBA) Tax Rate (2011 - 2026) Analysis & Trends
Pembina Pipeline has disclosed Tax Rate across 16 years of filings, most recently posting 21.47% for Q2 2026.
- In Q2 2026, Tax Rate fell 29.0% year-over-year to 21.47%; the TTM figure through Jun 2026 stood at 13.14% (down 1538.0% YoY), while the FY2025 annual figure was 27.35%, down 657.0% from the prior year.
- Tax Rate came in at 21.47% for Q2 2026 at Pembina Pipeline, up from 21.08% in the prior quarter.
- In the past five years, Tax Rate ranged from a high of 1874.07% in Q2 2024 to a low of 17.07% in Q2 2023.
- Average Tax Rate over 5 years is 130.52%, with a median of 21.44% recorded in 2025.
- Year-over-year, Tax Rate surged 189114 bps in 2024 and sank 185231 bps in 2025.
- Over 5 years, Tax Rate stood at 5.45% in 2022, then surged by 163 bps to 14.36% in 2023, then surged by 668 bps to 110.26% in 2024, then plunged by 74 bps to 28.14% in 2025, then fell by 24 bps to 21.47% in 2026.
- Per Business Quant data, the three most recent Tax Rate figures were 21.47% in Q2 2026, 21.08% in Q1 2026, and 28.14% in Q3 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Kinder Morgan | 111.69 Bn | 112.81 Bn | 3.07 Bn | 23.33% |
| 2 | Enterprise Products Partners | 84.07 Bn | 83.21 Bn | - | 0.64% |
| 3 | Energy Transfer | 74.03 Bn | 73.00 Bn | 7.40 Bn | 7.12% |
| 4 | Tc Energy | 65.16 Bn | 64.62 Bn | 1.80 Bn | 5.85% |
| 5 | Targa Resources | 62.18 Bn | 62.19 Bn | 2.14 Bn | 22.61% |
| 6 | Mplx | 60.51 Bn | 59.48 Bn | 2.73 Bn | 0.18% |
| 7 | Oneok | 60.16 Bn | 60.09 Bn | 2.81 Bn | 23.62% |
| 8 | Enbridge | 54.38 Bn | 54.88 Bn | 5.23 Bn | 21.97% |
| 9 | Pembina Pipeline | 28.12 Bn | 27.76 Bn | 933.00 Mn | 21.47% |
| 10 | Gas Transporter Of The South | 21.92 Bn | -3,019.13 Bn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 21.47% |
| Mar 31, 2026 | 21.08% |
| Sep 30, 2025 | 28.14% |
| Jun 30, 2025 | 21.76% |
| Mar 31, 2025 | 21.44% |
| Dec 31, 2024 | 110.26% |
| Sep 30, 2024 | 18.78% |
| Jun 30, 2024 | 1,874.07% |
| Mar 31, 2024 | 17.20% |
| Dec 31, 2023 | 14.36% |
| Sep 30, 2023 | 21.72% |
| Jun 30, 2023 | -17.07% |
| Mar 31, 2023 | 22.32% |
| Dec 31, 2022 | 5.45% |
| Sep 30, 2022 | -5.05% |
| Jun 30, 2022 | 18.83% |
| Mar 31, 2022 | 24.01% |
| Dec 31, 2021 | -11.18% |
| Sep 30, 2021 | 15.24% |
| Jun 30, 2021 | 22.56% |