Pembina Pipeline (PBA) Tax Rate (2011 - 2026)
Pembina Pipeline (PBA) reported Tax Rate of 21.47% for Q2 2026, down 0.29 percentage points from 21.76% a year earlier but up 0.39 percentage points from the prior quarter.
Pembina Pipeline (PBA) Tax Rate (2011 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Pembina Pipeline's Tax Rate came in at 11.39%, down 6.34 percentage points year-over-year; for FY2025, it was 8.56%, up 17.51 percentage points from FY2024.
- Tax Rate has a five-year change of -15.48 percentage points (FY2020 to FY2025).
- By year, Tax Rate came in at -8.95% in FY2024 (-10.03 pp), 1.07% in FY2023 (+0.51 pp), 0.57% in FY2022 (+8.90 pp) and -8.33% in FY2021 (-32.37 pp).
- Five-year quarterly Tax Rate spans a low of -12.04% in Q1 2022 and a high of 1874.07% in Q2 2024.
- Year over year, Tax Rate gained in three of the last seven quarters, with an average year-over-year change of -262.85 percentage points.
- The high point for year-over-year Tax Rate in five years was Q2 2024 (a gain of 1853.51 percentage points); the low point was Q2 2025 (a drop of 1852.31 percentage points).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Enbridge | 100.40 Bn | 97.94 Bn | 4.84 Bn | 21.97% |
| 2 | Williams Companies | 86.28 Bn | 85.00 Bn | 2.54 Bn | - |
| 3 | Enterprise Products Partners | 78.15 Bn | 76.58 Bn | - | 0.64% |
| 4 | Energy Transfer | 70.55 Bn | 63.99 Bn | 7.40 Bn | 7.12% |
| 5 | Kinder Morgan | 69.13 Bn | 70.08 Bn | 3.07 Bn | 23.33% |
| 6 | Tc Energy | 61.50 Bn | 64.57 Bn | 2.81 Bn | - |
| 7 | Targa Resources | 60.39 Bn | 60.01 Bn | 2.14 Bn | 22.61% |
| 8 | Mplx | 57.19 Bn | 50.75 Bn | 2.91 Bn | 0.18% |
| 9 | Cheniere Energy | 55.74 Bn | 55.87 Bn | 5.29 Bn | 9.13% |
| 10 | Pembina Pipeline | 26.67 Bn | 26.12 Bn | 933.00 Mn | 21.47% |
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 | 13.72% |
| Sep 30, 2024 | 18.78% |
| Mar 31, 2024 | 17.20% |
| Dec 31, 2023 | 11.33% |
| Sep 30, 2023 | 21.72% |
| Jun 30, 2023 | 20.57% |
| Mar 31, 2023 | 22.32% |
| Dec 31, 2022 | 1.95% |
| Jun 30, 2022 | 11.43% |
| Sep 30, 2021 | 22.71% |
| Jun 30, 2021 | 9.51% |
| Sep 30, 2020 | 13.82% |
| Jun 30, 2020 | 11.53% |
| Mar 31, 2020 | 28.80% |
| Sep 30, 2019 | 14.13% |
Pembina Pipeline Tax Rate 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=tax-rate&ticker=PBA&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "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=tax-rate&ticker=PBA&period=max&api_key=YOUR_API_KEY");
const data = await res.json();