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| Date | Value |
|---|---|
| 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% |