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NYSE · OIL & GAS FIELD EXPLORATION SERVICES

Pembina Pipeline Corp. PBA

8 fiscal years on record · CAD · FY2025 reported · SEC filings only
CAD 7.8B
▲ 5.3% YoY
CAD 1.7B
▼ 9.1% YoY

Slide the table for earlier years · "·" marks a figure not available in our data for that year.

In brief

What this company does

Pembina Pipeline Corporation has served North America's energy industry for more than 70 years and owns a network of assets, including hydrocarbon liquids and natural gas pipelines, gas gathering and processing facilities, oil and natural gas liquids infrastructure and logistics services, and an export terminals business. It is structured into three divisions: Pipelines Division, Facilities Division and Marketing & New Ventures Division. Within its Marketing & New Ventures Division, Pembina undertakes commodity marketing activities, including buying and selling natural gas, ethane, propane, butane, condensate, crude oil, electricity and carbon credits, commodity arbitrage, and optimizing storage opportunities.

Written from the business description in Pembina Pipeline Corporation's annual report to the U.S. Securities and Exchange Commission, filed 27 February 2026. Every sentence was checked against that document before publication.

Growth

CAD 7.8B
Revenue, FY2025 · full 8-year series below
Revenue CAD B Net income CAD B
FY2025 · Revenue 7.8 · Net income 1.7
5B10B
2018202120242025
Compound annual growth
−12.5%
+5.5%
−19.6%
3 yrs
5 yrs
10 yrs
15 yrs

Revenue compounded at +5.5% a year over the five years to FY2025.

Compound annual rates per period — left blank where that exact year isn't on file, the series crosses a loss, or (per-share rows) a split falls inside the window.

Profitability

22 cents
of every revenue dollar became profit
Operating margin Net margin
FY2025 · Operating 36.1% · Net 21.8%
20%40%-2%-4%
201820212025
ROE
FY2025 · ROE 9.9%
5%10%
201820212025
Three returns, three denominators.

Each CAD of equity produced 10 cents of profit this year.

Cash & shareholders

·
returned in FY2025 · dividends + net buybacks
Net buybacks CAD B Dividends CAD B
FY2024 · Dividends · · Net buybacks 0.0
1B2B
2018201920202021202220232024

Total assetsCAD 35.6B
CashCAD 106.0M
Gross debtCAD 11.7B
Net debtCAD 11.6B
Current ratio0.61×

Net debt stands at 69% of equity.

The 8-year record

8 fiscal years
Every figure from documents filed with the SEC · CAD
row low → row highnegative—not applicable◌not available in our data
PBA, 8-year financial record
Metric 20252024202320222021202020192018
Revenue CAD B7.87.46.311.68.66.06.47.4
Operating income CAD B2.82.32.73.72.10.01.82.0
EBITDA CAD B◌◌◌◌◌◌◌◌
Income tax CAD B0.5−0.20.40.20.4−0.10.00.5
Net income CAD B1.71.91.83.01.2−0.31.50.4
EPS, diluted CAD 2.663.002.995.121.99−0.862.682.28
Dividend / sh CAD ◌◌◌◌◌◌◌◌
Payout %—————◌358303
ROE %9.911.211.3◌◌◌2.42.8

Slide the table for earlier years. "—" not applicable · "◌" not available in our data.

Compare

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Provenance

Company facts, as filed

How we verify · 0 failures · 8 divergences in 40 reconciliationsAUDITED

No fiscal year had a computed check that closed clean. 8 of those reconciliations are divergences — the figures exist but don't fit the formula this check expects; that isn't the same as an error. 22 checks were skipped: the balance sheet is not tagged before 2018. 11 checks were skipped: EPS is not tagged before 2018. 11 checks were skipped: revenue is not tagged before 2018.

EPS recomputationBalance-sheet identityGross profitBalance-sheet liquidityCurrency consistency0 failures8 divergent
ActivityOil & Gas Field Exploration Services
Listed onNYSE
Incorporated inoutside the United States — SEC code A0
Fiscal year endsDecember 31
Data on record since2018

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