Pembina Pipeline (PBNAF) Return on Capital Employed (2012 - 2025)

Pembina Pipeline's (PBNAF) quarterly Return on Capital Employed came in at 8.31% in Q4 2025, up 132.0% year-on-year from 3.58% in Q4 2024, and up 18.87% quarter-over-quarter from 6.99% in Q4 2024.

Pembina Pipeline (PBNAF) Return on Capital Employed (2012 - 2025) Analysis & Trends

Pembina Pipeline has disclosed Return on Capital Employed across 13 years of filings, most recently posting 8.31% for Q4 2025.

  • Return on Capital Employed for Q4 2025 came in at 8.31%, up 132.0% year-over-year; the trailing twelve-month figure through Dec 2025 was 8.31% (up 132.0% YoY), and the FY2025 annual result was 8.34%, up 116.0% from the prior year.
  • Return on Capital Employed came in at 8.31% for Q4 2025 at Pembina Pipeline, up from 6.99% in the prior quarter.
  • In the past five years, Return on Capital Employed ranged from a high of 12.82% in Q4 2022 to a low of 6.48% in Q3 2024.
  • The 5-year median for Return on Capital Employed is 7.27% (2021), against an average of 8.24%.
  • Across the five-year window, Return on Capital Employed soared 808 bps in 2021 and sank 353 bps in 2023, its largest moves.
  • Pembina Pipeline's Return on Capital Employed stood at 7.27% in 2021, then soared by 76 bps to 12.82% in 2022, then dropped by 28 bps to 9.29% in 2023, then fell by 25 bps to 6.99% in 2024, then increased by 19 bps to 8.31% in 2025.
  • The last three Return on Capital Employed figures came in at 8.31% (Q4 2025), 6.99% (Q4 2024), and 6.48% (Q3 2024), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) ROCE (Qtr)
1 Enbridge 88.33 Bn 89.03 Bn 6.70 Bn 5.26%
2 Enterprise Products Partners 80.83 Bn 79.68 Bn - 11.93%
3 Kinder Morgan 69.66 Bn 70.75 Bn 3.08 Bn 7.42%
4 Energy Transfer 65.60 Bn 64.88 Bn 6.62 Bn 7.59%
5 Scorpio Tankers 59.17 Bn 58.19 Bn - 13.21%
6 Mplx 57.43 Bn 55.92 Bn 2.54 Bn 14.56%
7 Targa Resources 56.68 Bn 56.71 Bn 1.70 Bn 3.63%
8 Oneok 55.34 Bn 55.21 Bn 2.57 Bn 9.98%
9 Tc Energy 50.79 Bn 51.99 Bn 2.95 Bn -
10 Pembina Pipeline - - 677.43 Mn -

Historic Data

Download Data
DateValue
Dec 31, 2025 8.31%
Dec 31, 2024 6.99%
Sep 30, 2024 6.48%
Jun 30, 2024 6.53%
Dec 31, 2023 9.29%
Dec 31, 2022 12.82%
Dec 31, 2021 7.27%
Dec 31, 2020 -0.81%
Dec 31, 2018 8.19%
Dec 31, 2017 5.98%
Mar 31, 2017 6.66%
Dec 31, 2016 5.74%
Jun 30, 2016 1.00%
Dec 31, 2015 1.03%
Mar 31, 2015 5.07%
Dec 31, 2014 5.94%
Sep 30, 2014 7.93%
Jun 30, 2014 9.01%
Mar 31, 2014 9.32%
Dec 31, 2013 8.33%