Pembina Pipeline (PMMBF) Tax Rate (2012 - 2026)
Pembina Pipeline's (PMMBF) quarterly Tax Rate came in at 17.59% in Q1 2026, up 3840.0% year-on-year from 0.45% in Q1 2025, and up 185.48% quarter-over-quarter from 20.58% in Q4 2025.
Pembina Pipeline (PMMBF) Tax Rate (2012 - 2026) Analysis & Trends
Pembina Pipeline has disclosed Tax Rate across 15 years of filings, most recently posting 17.59% for Q1 2026.
- Tax Rate for Q1 2026 came in at 17.59%, up 3840.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 8.97% (up 1538.0% YoY), and the FY2025 annual result was 27.35%, changed N/A from the prior year.
- Tax Rate came in at 17.59% for Q1 2026 at Pembina Pipeline, up from 20.58% in the prior quarter.
- In the past five years, Tax Rate ranged from a high of 28.14% in Q3 2025 to a low of 237.04% in Q2 2024.
- The 5-year median for Tax Rate is 10.31% (2022), against an average of 9.45%.
- Across the five-year window, Tax Rate plunged 25410 bps in 2024 and surged 25636 bps in 2025, its largest moves.
- Pembina Pipeline's Tax Rate stood at 5.45% in 2022, then jumped by 298 bps to 21.72% in 2023, then sank by 163 bps to 13.71% in 2024, then tumbled by 50 bps to 20.58% in 2025, then jumped by 185 bps to 17.59% in 2026.
- The last three Tax Rate figures came in at 17.59% (Q1 2026), 20.58% (Q4 2025), and 28.14% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Enbridge | 88.33 Bn | 89.03 Bn | 6.70 Bn | 24.82% |
| 2 | Enterprise Products Partners | 80.83 Bn | 79.68 Bn | - | 1.45% |
| 3 | Kinder Morgan | 69.66 Bn | 70.75 Bn | 3.08 Bn | 22.28% |
| 4 | Energy Transfer | 65.60 Bn | 64.88 Bn | 6.62 Bn | 6.40% |
| 5 | Scorpio Tankers | 59.17 Bn | 58.19 Bn | - | - |
| 6 | Mplx | 57.43 Bn | 55.92 Bn | 2.54 Bn | 0.11% |
| 7 | Targa Resources | 56.68 Bn | 56.71 Bn | 1.70 Bn | 20.27% |
| 8 | Oneok | 55.34 Bn | 55.21 Bn | 2.57 Bn | 24.00% |
| 9 | Tc Energy | 50.79 Bn | 51.99 Bn | 2.95 Bn | 10.04% |
| 10 | Pembina Pipeline | - | - | 677.43 Mn | 17.59% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 17.59% |
| Mar 31, 2026 | 17.59% |
| Dec 31, 2025 | -20.58% |
| Dec 31, 2025 | -20.58% |
| Sep 30, 2025 | 28.14% |
| Sep 30, 2025 | 28.14% |
| Jun 30, 2025 | 19.32% |
| Jun 30, 2025 | 19.32% |
| Mar 31, 2025 | -20.81% |
| Mar 31, 2025 | -20.81% |
| Dec 31, 2024 | -13.71% |
| Dec 31, 2024 | -13.71% |
| Sep 30, 2024 | 10.13% |
| Sep 30, 2024 | 10.13% |
| Jun 30, 2024 | -237.04% |
| Jun 30, 2024 | -237.04% |
| Mar 31, 2024 | 14.37% |
| Mar 31, 2024 | 14.37% |
| Sep 30, 2023 | 21.72% |
| Sep 30, 2023 | 21.72% |