Pembina Pipeline Corp.

PBA Energy Oil & Gas Midstream

Pembina Pipeline Corp.’s revenue for fiscal 2025 (year ended December 2025) was $5.7 billion, up 6.08% from fiscal 2024.

Revenue
+20.0%
EPS
+27.7%
Free cash flow
+8.94%
Total debt
+3.64%

Quarter to June 2026, against a year earlier

47.81 0.92 −1.89%
Market cap
$27.7B
P/E
23.3×
Fwd P/E
23.2×
Dividend yield
4.38%
F-score
5/9
Altman Z
1.35
Beneish M
−2.85
Dividend safety
28/100

Pembina Pipeline Corp. (PBA) EV/EBITDA

Alert me on EV/EBITDA

As of 5 November 2026, Pembina Pipeline Corp. (PBA) trades at a EV/EBITDA of 13.2×. Over the past ten years it has ranged from 6.8× (March 2020) to 59.0× (June 2021); the current reading is higher than 48% of that period. That is above the Oil & Gas Midstream industry median of 9.0× and above the Energy sector median of 6.2×.

EV/EBITDA, daily

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Annual newest first

Period EV/EBITDA Change
FY2025 11.5× (13.31%)
FY2024 13.2× 22.66%
FY2023 10.8× 38.33%
FY2022 7.8× (31.15%)
FY2021 11.3× (71.78%)
FY2020 40.1× 199.98%
FY2019 13.4× 21.72%
FY2018 11.0× (41.27%)
FY2017 18.7× 1.70%
FY2016 18.4× 17.37%

Quarterly newest first

Period EV/EBITDA Change
Jun 2026 12.9× (0.55%)
Mar 2026 13.0× 13.15%
Dec 2025 11.5× (1.65%)
Sep 2025 11.6× 7.50%
42 more quarters

Against its own ten years

Low 6.8× High 59.0×
Ten-year median 13.4×
Current reading's percentile 48

EV/EBITDA against peers

Company EV/EBITDA
PAGP Plains Group Holdings, L.P. compare 4.8×
CQP Cheniere Energy Partners, L.P. compare 8.9×
VG Venture Global, Inc. compare 9.2×
PAA Plains All American Pipeline, L.P. compare 9.5×
VNOM Viper Energy Inc. compare 9.8×
WES Western Midstream Partners, LP compare 10.2×
OKE ONEOK, Inc. compare 10.8×
MPLX MPLX LP compare 11.8×
PBA Pembina Pipeline Corp. 13.2×
Oil & Gas Midstream industry median 9.0×
Energy sector median 6.2×
Market median 10.9×

What EV/EBITDA is

Enterprise Value over EBITDA tells an investor how the market values a whole company, with debt added and cash taken off, against its operating earnings.

((Stock Price × Shares (Basic, Weighted) (latest quarter)) + (Long Term Debt (Total) (latest quarter) + Current Part of Debt (latest quarter)) − Cash & Short Term Investments (latest quarter)) ÷ EBITDA (TTM)

The full definition of EV/EBITDA →

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