PBA vs PDS
Pembina Pipeline Corp. and Precision Drilling Corp., side by side — 8 fiscal years reported in CAD, drawn from SEC filings.
Most recent reported year
| Metric | PBA | PDS |
|---|---|---|
| Revenue | CAD 7.8B | CAD 1.8B |
| Net income | CAD 1.7B | CAD 1.8M |
| Gross margin | 41.1% | 32.8% |
| Net margin | 21.8% | 0.2% |
| Return on equity | 9.9% | 0.1% |
| Diluted EPS | CAD 2.66 | CAD 0.14 |
| Dividend / share | · | · |
| Payout ratio | · | · |
| Free cash flow | · | CAD 149.4M |
| Equity | · | CAD 1.6B |
| Net debt / equity | 0.69× | 0.38× |
| Current ratio | 0.61× | 1.62× |
| Revenue CAGR 5y | 5.5% | 14.5% |
| Profit CAGR 5y | · | · |
PBA bills 4.2× the revenue of PDS, and keeps more of each dollar of revenue as profit (21.8% against 0.2%).
The stronger figure of the pair is set in bold. That is arithmetic, not a recommendation — this page does not pick a winner. "·" marks a figure not available in our data.
8 years side by side
| Fiscal year | PBA | PDS |
|---|---|---|
| FY2025 | CAD 7.8B | CAD 1.8B |
| FY2024 | CAD 7.4B | CAD 1.9B |
| FY2023 | CAD 6.3B | CAD 1.9B |
| FY2022 | CAD 11.6B | CAD 1.6B |
| FY2021 | CAD 8.6B | CAD 986.8M |
| FY2020 | CAD 6.0B | CAD 935.8M |
| FY2019 | CAD 6.4B | CAD 1.5B |
| FY2018 | CAD 7.4B | CAD 1.5B |
Bottom line
| Fiscal year | PBA | PDS |
|---|---|---|
| FY2025 | CAD 1.7B | CAD 1.8M |
| FY2024 | CAD 1.9B | CAD 111.2M |
| FY2023 | CAD 1.8B | CAD 289.2M |
| FY2022 | CAD 3.0B | CAD -34.3M |
| FY2021 | CAD 1.2B | CAD -177.4M |
| FY2020 | CAD -316.0M | CAD -120.1M |
| FY2019 | CAD 1.5B | CAD 6.6M |
| FY2018 | CAD 411.0M | CAD -294.3M |
8 fiscal years
| Fiscal year | Difference | Ahead |
|---|---|---|
| FY2025 | +CAD 5,934,296,000 | PBA |
| FY2024 | +CAD 5,481,672,000 | PBA |
| FY2023 | +CAD 4,393,146,000 | PBA |
| FY2022 | +CAD 9,993,806,000 | PBA |
| FY2021 | +CAD 7,640,153,000 | PBA |
| FY2020 | +CAD 5,017,247,000 | PBA |
| FY2019 | +CAD 4,830,680,000 | PBA |
| FY2018 | +CAD 5,809,811,000 | PBA |
PBA has reported the higher revenue in every one of these 8 fiscal years. The gap has widened since the earliest year compared.
8 of 10 comparable fiscal years — a year missing data on either side is not counted.
8 fiscal years
| Fiscal year | Difference | Ahead |
|---|---|---|
| FY2025 | +21.6 pp | PBA |
| FY2024 | +19.5 pp | PBA |
| FY2023 | +13.1 pp | PBA |
| FY2022 | +27.7 pp | PBA |
| FY2021 | +32.4 pp | PBA |
| FY2020 | +7.5 pp | PBA |
| FY2019 | +23.2 pp | PBA |
| FY2018 | +36.5 pp | PBA |
PBA has kept the higher net margin in every one of these 8 fiscal years.
8 of 10 comparable fiscal years — a year missing data on either side is not counted.
Standard deviation, each side
PDS's net margin has been more volatile than PBA's over the 8 comparable fiscal years — 11.2 percentage points of standard deviation against 10.1.
8 of 10 comparable fiscal years — a year missing data on either side is not counted.
Year by year
PBA led in net margin in every one of the 8 comparable fiscal years — a structural lead, not a recent swing.
8 of 10 comparable fiscal years — a year missing data on either side is not counted.
Standard deviation, each side
PDS's return on equity has been more volatile than PBA's over the 3 comparable fiscal years — 8.5 percentage points of standard deviation against 0.6.
3 of 5 comparable fiscal years — a year missing data on either side is not counted.
Year by year
The lead in return on equity changed hands between PBA and PDS over these 3 fiscal years — PBA led in 2 and PDS in 1.
3 of 5 comparable fiscal years — a year missing data on either side is not counted.