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

Pembina Pipeline's (PBNAF) quarterly Net Margin came in at 24.69% in Q1 2026, down 914.0% year-on-year from 3.03% in Q1 2025, and down 3.41% quarter-over-quarter from 25.56% in Q4 2025.

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

Pembina Pipeline has disclosed Net Margin across 16 years of filings, most recently posting 24.69% for Q1 2026.

  • Net Margin for Q1 2026 came in at 24.69%, down 914.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 24.11% (down 281.0% YoY), and the FY2025 annual result was 20.57%, down 274.0% from the prior year.
  • Net Margin came in at 24.69% for Q1 2026 at Pembina Pipeline, down from 25.56% in the prior quarter.
  • In the past five years, Net Margin ranged from a high of 1033.77% in Q1 2024 to a low of 20.77% in Q3 2024.
  • The 5-year median for Net Margin is 29.97% (2023), against an average of 254.14%.
  • Across the five-year window, Net Margin jumped 59468 bps in 2023 and plunged 99994 bps in 2025, its largest moves.
  • Pembina Pipeline's Net Margin stood at 582.77% in 2022, then slumped by 93 bps to 38.02% in 2023, then tumbled by 35 bps to 24.62% in 2024, then advanced by 4 bps to 25.56% in 2025, then declined by 3 bps to 24.69% in 2026.
  • The last three Net Margin figures came in at 24.69% (Q1 2026), 25.56% (Q4 2025), and 22.72% (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Net Margin (Qtr)
1 Enbridge 88.33 Bn 89.03 Bn 6.70 Bn 7.47%
2 Enterprise Products Partners 80.83 Bn 79.68 Bn - 10.39%
3 Kinder Morgan 69.66 Bn 70.75 Bn 3.08 Bn 20.73%
4 Energy Transfer 65.60 Bn 64.88 Bn 6.62 Bn 4.30%
5 Scorpio Tankers 59.17 Bn 58.19 Bn - -
6 Mplx 57.43 Bn 55.92 Bn 2.54 Bn 30.35%
7 Targa Resources 56.68 Bn 56.71 Bn 1.70 Bn 11.71%
8 Oneok 55.34 Bn 55.21 Bn 2.57 Bn 8.07%
9 Tc Energy 50.79 Bn 51.99 Bn 2.95 Bn 23.51%
10 Pembina Pipeline - - 677.43 Mn 24.69%

Historic Data

Download Data
DateValue
Mar 31, 2026 24.69%
Dec 31, 2025 25.56%
Sep 30, 2025 22.72%
Jun 30, 2025 23.27%
Mar 31, 2025 33.83%
Dec 31, 2024 24.62%
Sep 30, 2024 20.77%
Jun 30, 2024 27.55%
Mar 31, 2024 1,033.77%
Dec 31, 2023 38.02%
Sep 30, 2023 29.97%
Jun 30, 2023 25.53%
Mar 31, 2023 970.09%
Dec 31, 2022 582.77%
Sep 30, 2022 585.93%
Jun 30, 2022 475.90%
Mar 31, 2022 375.40%
Dec 31, 2021 558.71%
Sep 30, 2021 678.55%
Jun 30, 2021 593.16%