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

Pembina Pipeline (PPLAF) reported Net Margin of 35.23% for Q1 2026, up 1306.0% year-over-year from 2.51% in Q1 2025, and up 37.83% sequentially from 25.56% in Q4 2025.

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

Pembina Pipeline's Net Margin history runs 16 years deep, the most recent figure standing at 35.23% for Q1 2026.

  • Quarterly Net Margin rose 1306.0% year-over-year to 35.23% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 27.05% (up 331.0% YoY) and the FY2025 annual result came in at 20.57%, down 274.0% from the prior year.
  • Net Margin was 35.23% for Q1 2026 at Pembina Pipeline, up 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.
  • Median Net Margin over the past 5 years was 29.97% (2023), compared with a mean of 254.07%.
  • Across the five-year window, Net Margin soared 59468 bps in 2023 and plunged 101159 bps in 2025, its largest moves.
  • Over 5 years, Net Margin stood at 582.77% in 2022, then sank by 93 bps to 38.02% in 2023, then slumped by 35 bps to 24.62% in 2024, then gained by 4 bps to 25.56% in 2025, then surged by 38 bps to 35.23% in 2026.
  • Business Quant data shows PPLAF's Net Margin at 35.23% in Q1 2026, 25.56% in Q4 2025, and 22.72% in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Net Margin (Qtr)
1 Enbridge 1,308.38 Bn 1,309.08 Bn 6.70 Bn 7.47%
2 Kinder Morgan 112.34 Bn 113.42 Bn 3.08 Bn 20.73%
3 Enterprise Products Partners 79.55 Bn 78.40 Bn - 10.39%
4 Energy Transfer 65.78 Bn 65.07 Bn 6.62 Bn 4.30%
5 Targa Resources 57.60 Bn 57.63 Bn 1.70 Bn 11.71%
6 Mplx 57.17 Bn 55.67 Bn 2.54 Bn 30.35%
7 Oneok 54.83 Bn 54.70 Bn 2.57 Bn 8.07%
8 Cheniere Energy Partners 29.50 Bn 29.22 Bn 838.00 Mn 5.08%
9 Venture Global 27.41 Bn 27.36 Bn 4.33 Bn 10.61%
10 Pembina Pipeline - - 677.43 Mn 22.13%

Historic Data

Download Data
DateValue
Mar 31, 2026 22.13%
Dec 31, 2025 26.40%
Sep 30, 2025 14.01%
Jun 30, 2025 21.21%
Mar 31, 2025 20.33%
Dec 31, 2024 24.94%
Sep 30, 2024 18.76%
Jun 30, 2024 23.50%
Mar 31, 2024 26.23%
Dec 31, 2023 36.27%
Sep 30, 2023 21.72%
Jun 30, 2023 23.07%
Mar 31, 2023 20.89%
Dec 31, 2022 6.37%
Sep 30, 2022 64.59%
Jun 30, 2022 12.44%
Mar 31, 2022 14.75%
Dec 31, 2021 1.80%
Sep 30, 2021 25.78%
Jun 30, 2021 11.46%