Pembina Pipeline (PBNAF) EBITDA Margin (2011 - 2026)

Pembina Pipeline (PBNAF) reported EBITDA Margin of 27.21% for Q1 2026, up 552.0% year-over-year from 4.17% in Q1 2025, and down 33.7% sequentially from 41.04% in Q4 2025.

Pembina Pipeline (PBNAF) EBITDA Margin (2011 - 2026) Analysis & Trends

Pembina Pipeline's EBITDA Margin history runs 16 years deep, the most recent figure standing at 27.21% for Q1 2026.

  • Quarterly EBITDA Margin rose 552.0% year-over-year to 27.21% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 24.75% (down 1295.0% YoY) and the FY2025 annual result came in at 76.9%, down 59694130.0% from the prior year.
  • EBITDA Margin was 27.21% for Q1 2026 at Pembina Pipeline, down from 41.04% in the prior quarter.
  • In the past five years, EBITDA Margin ranged from a high of 81.67% in Q4 2024 to a low of 6.58% in Q2 2025.
  • Median EBITDA Margin over the past 5 years was 27.98% (2024), compared with a mean of 33.65%.
  • Across the five-year window, EBITDA Margin jumped 4220 bps in 2022 and sank 4513 bps in 2023, its largest moves.
  • Over 5 years, EBITDA Margin stood at 34.27% in 2022, then soared by 48 bps to 50.71% in 2023, then surged by 61 bps to 81.67% in 2024, then tumbled by 50 bps to 41.04% in 2025, then tumbled by 34 bps to 27.21% in 2026.
  • Business Quant data shows PBNAF's EBITDA Margin at 27.21% in Q1 2026, 41.04% in Q4 2025, and 22.72% in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) EBITDA Margin (Qtr)
1 Enbridge 1,308.38 Bn 1,309.08 Bn 6.70 Bn 14.43%
2 Kinder Morgan 112.34 Bn 113.42 Bn 3.08 Bn 29.91%
3 Enterprise Products Partners 79.55 Bn 78.40 Bn - 13.17%
4 Energy Transfer 65.78 Bn 65.07 Bn 6.62 Bn 10.74%
5 Targa Resources 57.60 Bn 57.63 Bn 1.70 Bn 28.57%
6 Mplx 57.17 Bn 55.67 Bn 2.54 Bn 50.33%
7 Oneok 54.83 Bn 54.70 Bn 2.57 Bn 14.85%
8 Cheniere Energy Partners 29.50 Bn 29.22 Bn 838.00 Mn 14.83%
9 Venture Global 27.41 Bn 27.36 Bn 4.33 Bn 30.44%
10 Pembina Pipeline - - 677.43 Mn 3.56%

Historic Data

Download Data
DateValue
Mar 31, 2026 3.56%
Dec 31, 2025 41.04%
Sep 30, 2025 6.76%
Jun 30, 2025 6.58%
Mar 31, 2025 -0.31%
Dec 31, 2024 2,055,187.88%
Sep 30, 2024 -4.56%
Jun 30, 2024 27.98%
Mar 31, 2024 34.16%
Dec 31, 2023 50.71%
Sep 30, 2023 29.97%
Jun 30, 2023 20.18%
Mar 31, 2023 -0.93%
Dec 31, 2022 34.27%
Sep 30, 2022 9.28%
Jun 30, 2022 17.00%
Mar 31, 2022 41.90%
Dec 31, 2021 37.89%
Sep 30, 2021 32.90%
Jun 30, 2021 40.90%