Pembina Pipeline (PMMBF) Return on Capital Employed (2012 - 2025)
Pembina Pipeline's (PMMBF) 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 (PMMBF) 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| Date | Value |
|---|---|
| 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% |