Pembina Pipeline (PPLAF) Tax Rate (2011 - 2026)

Pembina Pipeline (PPLAF) reported Tax Rate of 17.59% for Q1 2026, down 3840.0% year-over-year from 0.47% in Q1 2025, and down 168.64% sequentially from 25.63% in Q3 2025.

Pembina Pipeline (PPLAF) Tax Rate (2011 - 2026) Analysis & Trends

Pembina Pipeline's Tax Rate history runs 15 years deep, the most recent figure standing at 17.59% for Q1 2026.

  • Quarterly Tax Rate fell 3840.0% year-over-year to 17.59% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 10.07% (up 3420.0% YoY) and the FY2025 annual result came in at 27.3%, changed N/A from the prior year.
  • Tax Rate was 17.59% for Q1 2026 at Pembina Pipeline, down from 25.63% in the prior quarter.
  • In the past five years, Tax Rate ranged from a high of 1874.07% in Q2 2024 to a low of 20.84% in Q1 2023.
  • Median Tax Rate over the past 5 years was 10.49% (2022), compared with a mean of 130.12%.
  • Across the five-year window, Tax Rate jumped 185701 bps in 2024 and plunged 185475 bps in 2025, its largest moves.
  • Over 5 years, Tax Rate stood at 5.45% in 2022, then soared by 298 bps to 21.72% in 2023, then plunged by 163 bps to 13.71% in 2024, then soared by 287 bps to 25.63% in 2025, then sank by 169 bps to 17.59% in 2026.
  • Business Quant data shows PPLAF's Tax Rate at 17.59% in Q1 2026, 25.63% in Q3 2025, and 19.32% in Q2 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Tax Rate (Qtr)
1 Enbridge 1,308.38 Bn 1,309.08 Bn 6.70 Bn 24.82%
2 Kinder Morgan 112.34 Bn 113.42 Bn 3.08 Bn 22.28%
3 Enterprise Products Partners 79.55 Bn 78.40 Bn - 1.45%
4 Energy Transfer 65.78 Bn 65.07 Bn 6.62 Bn 6.40%
5 Targa Resources 57.60 Bn 57.63 Bn 1.70 Bn 20.27%
6 Mplx 57.17 Bn 55.67 Bn 2.54 Bn 0.11%
7 Oneok 54.83 Bn 54.70 Bn 2.57 Bn 24.00%
8 Cheniere Energy Partners 29.50 Bn 29.22 Bn 838.00 Mn -
9 Venture Global 27.41 Bn 27.36 Bn 4.33 Bn 15.08%
10 Pembina Pipeline - - 677.43 Mn 21.08%

Historic Data

Download Data
DateValue
Mar 31, 2026 21.08%
Mar 31, 2026 21.08%
Sep 30, 2025 25.63%
Sep 30, 2025 25.63%
Jun 30, 2025 19.32%
Jun 30, 2025 19.32%
Mar 31, 2025 21.44%
Mar 31, 2025 21.44%
Sep 30, 2024 10.13%
Sep 30, 2024 10.13%
Jun 30, 2024 -237.04%
Jun 30, 2024 -237.04%
Mar 31, 2024 17.20%
Mar 31, 2024 17.20%
Sep 30, 2023 21.27%
Sep 30, 2023 21.27%
Jun 30, 2023 17.07%
Jun 30, 2023 17.07%
Mar 31, 2023 22.32%
Mar 31, 2023 22.32%