Pembina Pipeline (PMMBF) Net Margin (2011 - 2026)
Pembina Pipeline's (PMMBF) 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 (PMMBF) 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| Date | Value |
|---|---|
| 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% |