Pembina Pipeline (PBA) Tax Rate (2011 - 2026)
Pembina Pipeline (PBA) posted Tax Rate of 21.08% for Q1 2026, down 69.29% sequentially from 68.63% in Q4 2025, and down 36.0% YoY from 32.93% in Q1 2025.
Pembina Pipeline (PBA) Tax Rate (2011 - 2026) Analysis & Trends
Pembina Pipeline has reported Tax Rate for 16 years, with the latest figure at 21.08% in Q1 2026.
- Quarterly Tax Rate fell 36.0% year-over-year to 21.08% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 17.96% (down 169.0% YoY) and the FY2025 annual result came in at 41.34%, down 2570.0% from the prior year.
- Tax Rate fell to 21.08% in Q1 2026 per PBA's latest filing, from 68.63% in the prior quarter.
- Over five years, Tax Rate peaked at 68.63% in Q4 2025 and troughed at 25.06% in Q3 2025.
- A 5-year average of 15.72% and a median of 18.83% in 2022 frame the typical range for Tax Rate.
- The sharpest annual moves came in 2022 and 2025: Tax Rate tumbled 4347 bps in 2022, then jumped 4328 bps in 2025.
- Over 5 years, Tax Rate stood at 5.45% in 2022, then jumped by 163 bps to 14.36% in 2023, then jumped by 77 bps to 25.35% in 2024, then jumped by 171 bps to 68.63% in 2025, then sank by 69 bps to 21.08% in 2026.
- According to Business Quant data, Tax Rate over the past three periods registered 21.08%, 68.63%, and 25.06% for Q1 2026, Q4 2025, and Q3 2025 respectively.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Kinder Morgan | 112.69 Bn | 112.57 Bn | 3.07 Bn | 23.33% |
| 2 | Enbridge | 110.89 Bn | 109.40 Bn | 5.23 Bn | 21.97% |
| 3 | Enterprise Products Partners | 83.45 Bn | 82.54 Bn | - | 0.64% |
| 4 | Energy Transfer | 72.67 Bn | 71.64 Bn | 7.40 Bn | 7.12% |
| 5 | Tc Energy | 65.89 Bn | 58.33 Bn | 1.24 Bn | 5.85% |
| 6 | Oneok | 60.12 Bn | 59.96 Bn | 2.81 Bn | 23.62% |
| 7 | Mplx | 59.97 Bn | 58.94 Bn | 2.73 Bn | 0.18% |
| 8 | Targa Resources | 59.56 Bn | 59.43 Bn | 2.14 Bn | 22.61% |
| 9 | Cheniere Energy | 56.12 Bn | 54.86 Bn | 5.29 Bn | 9.13% |
| 10 | Pembina Pipeline | 28.34 Bn | 28.07 Bn | 674.49 Mn | 21.47% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 21.47% |
| Jun 30, 2026 | 21.47% |
| Jun 30, 2026 | 21.47% |
| Mar 31, 2026 | 21.08% |
| Mar 31, 2026 | 21.08% |
| Mar 31, 2026 | 21.08% |
| Dec 31, 2025 | 68.63% |
| Dec 31, 2025 | 68.63% |
| Dec 31, 2025 | 68.63% |
| Sep 30, 2025 | -25.06% |
| Sep 30, 2025 | -25.06% |
| Sep 30, 2025 | -25.06% |
| Jun 30, 2025 | 24.70% |
| Jun 30, 2025 | 24.70% |
| Jun 30, 2025 | 24.70% |
| Mar 31, 2025 | 21.44% |
| Mar 31, 2025 | 21.44% |
| Mar 31, 2025 | 21.44% |
| Dec 31, 2024 | 25.35% |
| Dec 31, 2024 | 25.35% |