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
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Pembina Pipeline Corp. (PBA) Operating margin
Pembina Pipeline Corp.'s operating margin over the twelve months to 30 June 2026 was 35.8%, up 0.7 percentage points from fiscal 2025 (35.2%). Over the past ten years it has ranged from 0.06% (fiscal 2020) to 35.2% (fiscal 2025) — the current reading is the highest in ten years. That is in line with the Oil & Gas Midstream industry median of 34.7% and above the Energy sector median of 15.2%.
Operating margin, annual
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Annual newest first
| Period | Operating margin | Change (points) |
|---|---|---|
| FY2025 | 35.2% | 4.28 |
| FY2024 | 30.9% | 1.79 |
| FY2023 | 29.1% | (1.78) |
| FY2022 | 30.9% | 6.36 |
| FY2021 | 24.5% | 24.46 |
| FY2020 | 0.06% | (27.79) |
| FY2019 | 27.9% | 1.89 |
| FY2018 | 26.0% | 5.31 |
| FY2017 | 20.7% | 1.41 |
| FY2016 | 19.2% | 4.57 |
Quarterly newest first
| Period | Operating margin | Change (points) |
|---|---|---|
| Jun 2026 | 37.5% | 0.13 |
| Mar 2026 | 37.3% | 0.33 |
| Dec 2025 | 37.0% | 6.23 |
| Sep 2025 | 30.8% | (7.41) |
| 42 more quarters | Free account |
Against its own ten years
Operating margin against peers
| Company | Operating margin |
|---|---|
| MPLX MPLX LP compare | 42.0% |
| WES Western Midstream Partners, LP compare | 38.5% |
| VG Venture Global, Inc. compare | 37.6% |
| VNOM Viper Energy Inc. compare | 36.2% |
| PBA Pembina Pipeline Corp. | 35.8% |
| CQP Cheniere Energy Partners, L.P. compare | 34.2% |
| OKE ONEOK, Inc. compare | 14.2% |
| PAA Plains All American Pipeline, L.P. compare | 3.14% |
| PAGP Plains Group Holdings, L.P. compare | 3.13% |
| Oil & Gas Midstream industry median | 34.7% |
| Energy sector median | 15.2% |
| Market median | 0.00% |
What Operating margin is
EBIT Margin tells an investor how much operating profit, before interest and taxes, a company keeps from each unit of revenue.
EBIT ÷ Revenue
More on PBA
- Revenue
- Net income
- EPS (diluted)
- EBITDA
- Free cash flow
- Operating cash flow
- Gross margin
- Net margin
- Free cash flow margin
- P/E ratio
- P/S ratio
- P/B ratio
- Price to free cash flow
- EV/EBITDA
- EV/Sales
- EV/FCF
- Return on equity
- Return on assets
- Return on invested capital
- Debt to equity
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
- Piotroski F-score
- Altman Z-score
- Beneish M-score
- The full statement