Pembina Pipeline (PBA) Financials

$45.77 +0.81 (+1.80%)

As of 03:08 PM Eastern

Annual Income Statements for Pembina Pipeline

This table shows Pembina Pipeline's income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025
Period end date	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025
Net Income / (Loss) Attributable to Common Shareholders	347	705	988	1,161	-60	992	4,514	1,345	1,380	1,235
Consolidated Net Income / (Loss)	347	702	988	2,568	-248	972	2,196	1,345	1,301	1,235
Net Income / (Loss) Continuing Operations	346	740	988	2,568	-60	1,230	2,196	1,345	1,380	1,153
Total Pre-Tax Income	487	815	1,276	1,188	-326	1,303	2,379	1,658	1,380	1,610
Total Operating Income	653	962	1,481	3,053	-329	1,655	2,740	2,011	1,769	2,049
Total Gross Profit	746	1,171	1,705	1,882	-329	2,072	2,308	2,151	2,303	2,329
Total Revenue	3,174	4,383	5,403	4,926	-329	6,980	9,401	4,795	5,128	5,672
Operating Revenue	3,174	4,383	5,387	4,911	-329	6,980	9,401	4,795	5,128	5,672
Total Cost of Revenue	2,376	3,156	3,999	1,922	0.00	4,801	6,560	2,884	3,053	3,496
Operating Cost of Revenue	2,376	3,156	3,999	1,922	-	4,801	6,560	2,884	3,053	3,496
Total Operating Expenses	144	266	-77	-49	0.00	524	101	140	306	362
Selling, General & Admin Expense	145	188	204	228	-	239	295	320	308	348
Other Operating Expenses / (Income)	-0.74	79	-281	-277	-	-87	-194	-4.54	-2.78	15
Total Other Income / (Expense), net	-167	-145	-204	-459	0.00	-425	-348	-114	-390	-287
Interest Expense	-	-	-	-	-	-	359	353	-	439
Other Income / (Expense), net	-167	-145	-204	-227	-	-425	11	239	-390	152
Income Tax Expense	141	75	289	27	-267	-	183	313	-	374
Net Income / (Loss) Attributable to Noncontrolling Interest	-	-	-	-1,060	-	-	-2,100	0.00	-	0.00
Other Adjustments to Net Income / (Loss) Attributable to Common Shareholders)	-	-	-	164	-	-	-218	91	-	171
Basic Earnings per Share	-	-	-	$2.07	-	-	$5.14	$2.27	-	$1.95
Weighted Average Basic Shares Outstanding	388M	503.15M	508.05M	394.59M	549.94M	549.96M	553M	550M	573M	581M
Diluted Earnings per Share	-	-	-	$2.07	-	-	$5.12	$2.26	-	$1.94
Weighted Average Diluted Shares Outstanding	388M	503.15M	508.05M	396.13M	549.94M	549.96M	554M	551M	573M	582M
Weighted Average Basic & Diluted Shares Outstanding	777M	503.15M	508.05M	547.75M	549.94M	549.96M	550.31M	549.40M	1.15B	581.07M

No quarterly income statements for Pembina Pipeline are available.

This table details how cash moves in and out of Pembina Pipeline's business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025
Period end date	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025
Net Change in Cash & Equivalents	862	227	596	-21	-31	2,191	946	705	5,009	929
Net Cash From Operating Activities	626	1,202	1,117	375	1,765	1,431	1,931	826	2,258	513
Net Cash From Continuing Operating Activities	626	1,163	1,117	375	1,754	1,431	1,931	826	2,258	513
Net Income / (Loss) Continuing Operations	347	702	936	1,161	-248	972	2,196	1,345	1,301	1,235
Consolidated Net Income / (Loss)	347	702	936	1,161	-248	972	2,196	1,345	1,301	1,235
Depreciation Expense	218	304	306	391	549	566	505	502	599	720
Non-Cash Adjustments To Reconcile Net Income	65	163	-133	2,697	1,397	-106	-769	-996	360	-1,424
Changes in Operating Assets and Liabilities, net	-	-5.56	8.06	113	56	-	0.00	-25	-2.08	-18
Net Cash From Investing Activities	0.00	-2,648	-58	-1,268	-1,163	0.00	0.00	0.00	0.00	0.00
Net Cash From Continuing Investing Activities	0.00	-2,648	-58	-1,268	-1,170	0.00	0.00	0.00	0.00	0.00
Net Cash From Financing Activities	236	1,673	-463	988	-634	759	-985	-121	2,751	416
Net Cash From Continuing Financing Activities	236	1,673	-463	988	-634	759	-985	-121	2,751	416
Repurchase of Preferred Equity	-	-	-	-	-	-	-	-	0.00	-329
Issuance of Debt	484	2,974	1,001	4,884	1,228	1,242	0.00	371	1,898	745
Other Financing Activities, net	-	37	-	-	69	-	-	-	853	0.00
Cash Interest Paid	54	-	26	240	-	20	16	11	18	20

No quarterly cash flow statements for Pembina Pipeline are available.

This table presents Pembina Pipeline's assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025
Period end date	12/31/2016	12/31/2017	1/1/2019	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025
Total Assets	11,175	20,317	19,736	25,243	24,627	24,619	23,269	24,707	24,977	25,930
Total Current Assets	503	812	707	731	775	974	1,007	1,001	1,092	918
Restricted Cash	-	-	-	-	-	34	69	-	98	77
Short-Term Investments	6.70	3.18	-	-	20	11	64	-	9.03	10
Accounts Receivable	336	420	445	535	519	636	674	645	698	610
Inventories, net	135	134	146	97	173	294	199	252	209	207
Current Deferred & Refundable Income Taxes	-	-	-	-	-	-	-	0.00	78	14
Plant, Property, & Equipment, net	8,432	10,765	-30	1,198	14,541	14,239	11,468	11,966	15,790	16,445
Plant, Property & Equipment, gross	8,432	10,765	-30	1,198	14,541	14,239	11,468	11,966	15,790	16,445
Total Noncurrent Assets	2,240	8,740	8,303	10,097	9,203	9,241	10,633	11,465	7,940	8,392
Long-Term Investments	100	4,950	4,699	4,604	3,431	3,617	5,455	5,292	2,963	3,168
Intangible Assets	2,109	3,746	-	-	4,970	4,882	4,531	-	4,533	4,627
Other Noncurrent Operating Assets	8.19	44	358	415	550	540	454	1,188	443	597
Total Liabilities & Shareholders' Equity	11,175	20,317	19,736	25,243	24,627	24,619	23,269	24,707	24,977	25,930
Total Liabilities	5,002	9,318	9,056	12,244	12,857	13,378	11,601	12,729	12,817	13,699
Total Current Liabilities	579	914	734	969	1,396	1,871	1,521	899	2,019	1,506
Short-Term Debt	4.46	203	-	-	470	783	443	-	1,059	438
Accounts Payable	475	538	586	775	611	832	936	874	835	963
Other Current Liabilities	48	98	27	30	180	166	142	25	126	105
Total Noncurrent Liabilities	4,423	8,404	9,334	12,127	11,461	11,507	10,080	13,025	10,798	12,193
Long-Term Debt	2,978	5,801	5,534	7,824	8,055	7,549	6,950	7,953	7,316	8,070
Capital Lease Obligations	-	-	353	631	529	497	440	488	400	393
Noncurrent Deferred & Payable Income Tax Liabilities	827	1,906	2,071	2,270	2,293	2,357	1,853	1,987	1,992	2,157
Other Noncurrent Operating Liabilities	412	644	1,375	1,403	583	640	397	2,598	676	828
Total Equity & Noncontrolling Interests	6,174	48	10,724	13,046	47	11,241	11,668	12,948	12,160	12,231
Total Preferred & Common Equity	6,174	21,951	10,680	13,000	23,494	11,194	11,624	12,948	0.00	0.00
Total Common Equity	6,174	0.00	10,680	13,000	0.00	0.00	0.00	12,948	0.00	0.00

No quarterly balance sheets for Pembina Pipeline are available.

This table displays calculated financial ratios and metrics derived from Pembina Pipeline's official financial filings.

Metric	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025
Period end date	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025
Growth Metrics	-	-	-	-	-	-	-	-	-	-
Revenue Growth	0.00%	38.11%	23.25%	-8.82%	-106.68%	2,219.94%	34.69%	-48.99%	6.93%	10.62%
EBITDA Growth	0.00%	59.84%	41.19%	103.33%	-93.18%	718.33%	81.27%	-15.46%	-27.59%	47.63%
EBIT Growth	0.00%	67.86%	56.26%	121.39%	-111.65%	473.69%	123.62%	-18.20%	-38.04%	59.51%
NOPAT Growth	0.00%	88.00%	31.21%	160.40%	-107.72%	818.24%	52.78%	-35.48%	9.34%	-11.14%
Net Income Growth	0.00%	102.35%	40.77%	159.96%	-109.65%	492.41%	125.86%	-38.73%	-3.26%	-5.07%
EPS Growth	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	-55.77%	0.00%	0.00%
Operating Cash Flow Growth	0.00%	92.12%	-7.06%	-66.48%	371.33%	-18.91%	34.89%	-57.20%	27.06%	-77.27%
Free Cash Flow Firm Growth	0.00%	0.00%	813.29%	-97.88%	-5,484.00%	114.58%	138.76%	-55.80%	-222.78%	144.57%
Invested Capital Growth	0.00%	29.31%	-99.53%	4,844.14%	525.21%	-2.87%	-15.52%	-4.50%	33.73%	1.79%
Revenue Q/Q Growth	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
EBITDA Q/Q Growth	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
EBIT Q/Q Growth	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
NOPAT Q/Q Growth	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Net Income Q/Q Growth	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
EPS Q/Q Growth	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Operating Cash Flow Q/Q Growth	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Free Cash Flow Firm Q/Q Growth	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Invested Capital Q/Q Growth	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-
Gross Margin	23.49%	26.72%	31.56%	38.20%	0.00%	29.68%	24.55%	44.86%	44.91%	41.05%
EBITDA Margin	22.09%	25.56%	29.28%	65.30%	0.00%	25.73%	34.64%	57.40%	38.87%	51.49%
Operating Margin	20.59%	21.94%	27.41%	61.98%	0.00%	23.72%	29.15%	41.94%	34.79%	36.11%
EBIT Margin	15.33%	18.64%	23.63%	57.37%	0.00%	17.63%	29.27%	46.93%	27.19%	38.80%
Profit (Net Income) Margin	10.93%	16.01%	18.28%	52.13%	0.00%	13.93%	23.36%	28.05%	25.38%	21.78%
Tax Burden Percent	71.25%	86.15%	77.38%	216.08%	75.96%	74.59%	92.30%	81.13%	93.33%	76.76%
Interest Burden Percent	100.00%	99.71%	100.00%	42.05%	99.05%	105.92%	86.46%	73.68%	100.00%	73.13%
Effective Tax Rate	28.90%	9.17%	22.62%	2.27%	0.00%	0.00%	7.70%	18.87%	0.00%	23.24%
Return on Invested Capital (ROIC)	5.06%	8.30%	19.22%	211.50%	0.00%	9.71%	16.32%	11.76%	11.26%	8.60%
ROIC Less NNEP Spread (ROIC-NNEP)	1.14%	5.98%	-8.25%	215.47%	0.00%	3.72%	8.07%	-6.55%	-3.43%	3.07%
Return on Net Nonoperating Assets (RNNOA)	0.56%	14.26%	-0.88%	-189.89%	0.00%	7.51%	2.84%	-0.83%	-0.90%	1.53%
Return on Equity (ROE)	5.62%	22.56%	18.34%	21.61%	-3.78%	17.22%	19.17%	10.93%	10.37%	10.13%
Cash Return on Invested Capital (CROIC)	0.00%	-17.26%	217.35%	19.43%	-147.14%	12.62%	33.15%	16.36%	-17.60%	6.83%
Operating Return on Assets (OROA)	4.36%	5.19%	6.37%	12.57%	0.00%	5.00%	11.49%	9.38%	5.61%	8.65%
Return on Assets (ROA)	3.10%	4.46%	4.93%	11.42%	0.00%	3.95%	9.17%	5.61%	5.24%	4.85%
Return on Common Equity (ROCE)	5.62%	22.39%	18.18%	21.52%	-3.76%	0.00%	0.00%	5.75%	5.35%	0.00%
Return on Equity Simple (ROE_SIMPLE)	5.62%	3.20%	9.25%	19.75%	-1.05%	8.68%	18.89%	10.39%	0.00%	0.00%
Net Operating Profit after Tax (NOPAT)	465	873	1,146	2,984	-230	1,655	2,529	1,632	1,784	1,572
NOPAT Margin	14.64%	19.92%	21.21%	60.58%	0.00%	23.72%	26.90%	34.02%	34.79%	27.72%
Net Nonoperating Expense Percent (NNEP)	3.92%	2.32%	27.47%	-3.97%	0.50%	5.99%	8.26%	18.31%	14.70%	5.53%
Return On Investment Capital (ROIC_SIMPLE)	-	-	-	-	-	-	-	7.63%	8.52%	7.44%
Cost of Revenue to Revenue	74.87%	71.99%	74.01%	39.02%	0.00%	68.78%	69.78%	60.13%	59.53%	61.64%
SG&A Expenses to Revenue	4.57%	4.28%	3.78%	4.63%	0.00%	3.43%	3.14%	6.67%	6.01%	6.13%
R&D to Revenue	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Operating Expenses to Revenue	4.55%	6.07%	-1.42%	-1.00%	0.00%	7.50%	1.07%	2.92%	5.67%	6.39%
Earnings before Interest and Taxes (EBIT)	487	817	1,276	2,826	-329	1,230	2,751	2,250	1,394	2,201
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	701	1,121	1,582	3,217	219	1,796	3,256	2,753	1,993	2,921
Valuation Ratios	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	0.00	0.00	0.99	1.10	0.00	0.00	0.00	1.39	0.00	0.00
Price to Tangible Book Value (P/TBV)	0.00	0.00	1.42	1.78	0.00	0.00	0.00	2.15	0.00	0.00
Price to Revenue (P/Rev)	0.00	0.00	1.95	2.91	0.00	2.13	1.87	3.75	3.96	3.90
Price to Earnings (P/E)	0.00	0.00	10.66	12.34	0.00	14.95	3.89	13.36	14.56	17.89
Dividend Yield	9.23%	8.19%	10.71%	8.40%	14.33%	9.34%	8.65%	8.13%	5.85%	5.34%
Earnings Yield	0.00%	0.00%	9.38%	8.10%	0.00%	6.69%	25.71%	7.49%	6.87%	5.59%
Enterprise Value to Invested Capital (EV/IC)	0.00	0.00	208.16	6.56	0.95	1.19	1.40	1.55	1.43	1.50
Enterprise Value to Revenue (EV/Rev)	0.00	0.00	2.16	3.68	0.00	2.87	2.11	4.38	5.07	4.89
Enterprise Value to EBITDA (EV/EBITDA)	0.00	0.00	7.36	5.64	74.64	11.16	6.09	7.63	13.05	9.50
Enterprise Value to EBIT (EV/EBIT)	0.00	0.00	9.12	6.42	0.00	16.30	7.21	9.34	18.65	12.60
Enterprise Value to NOPAT (EV/NOPAT)	0.00	0.00	10.16	6.08	0.00	12.11	7.85	12.88	14.58	17.64
Enterprise Value to Operating Cash Flow (EV/OCF)	0.00	0.00	10.42	48.41	9.28	14.01	10.28	25.43	24.77	54.03
Enterprise Value to Free Cash Flow (EV/FCFF)	0.00	0.00	0.90	66.15	0.00	9.32	3.86	9.26	0.00	22.22
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-
Debt to Equity	0.48	125.93	0.55	0.65	192.52	0.79	0.67	0.65	0.72	0.73
Long-Term Debt to Equity	0.48	121.67	0.55	0.65	182.52	0.72	0.63	0.65	0.63	0.69
Financial Leverage	0.49	2.38	0.11	-0.88	0.53	2.02	0.35	0.13	0.26	0.50
Leverage Ratio	1.81	5.06	3.72	1.89	3.81	4.36	2.09	1.95	1.98	2.09
Compound Leverage Factor	1.81	5.05	3.72	0.80	3.77	4.62	1.81	1.44	1.98	1.53
Debt to Total Capital	32.57%	99.21%	35.44%	39.32%	99.48%	43.99%	40.17%	39.46%	41.92%	42.12%
Short-Term Debt to Total Capital	0.05%	3.36%	0.00%	0.00%	5.17%	3.90%	2.27%	0.00%	5.06%	2.07%
Long-Term Debt to Total Capital	32.53%	95.85%	35.44%	39.32%	94.32%	40.09%	37.90%	39.46%	36.86%	40.05%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.00%	0.79%	0.27%	0.22%	0.52%	0.23%	0.23%	0.00%	0.00%	0.00%
Common Equity to Total Capital	67.43%	0.00%	64.29%	60.46%	0.00%	0.00%	0.00%	60.54%	0.00%	0.00%
Debt to EBITDA	4.25	5.36	3.72	2.63	41.25	4.92	2.41	3.07	4.40	3.05
Net Debt to EBITDA	4.07	0.71	0.68	1.17	25.24	2.88	0.69	1.11	2.86	1.93
Long-Term Debt to EBITDA	4.25	5.18	3.72	2.63	39.11	4.48	2.27	3.07	3.87	2.90
Debt to NOPAT	6.42	6.88	5.14	2.83	-39.29	5.33	3.10	5.17	4.92	5.66
Net Debt to NOPAT	6.14	0.91	0.94	1.26	-24.04	3.12	0.89	1.87	3.20	3.59
Long-Term Debt to NOPAT	6.41	6.64	5.14	2.83	-37.25	4.86	2.92	5.17	4.33	5.38
Altman Z-Score	0.00	0.00	1.18	1.26	0.42	1.07	1.68	1.35	1.30	1.44
Noncontrolling Interest Sharing Ratio	0.00%	0.77%	0.85%	0.38%	0.71%	100.00%	100.00%	47.40%	48.43%	100.00%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-
Current Ratio	0.87	0.89	0.96	0.76	0.56	0.52	0.66	1.11	0.54	0.61
Quick Ratio	0.64	0.74	0.76	0.65	0.43	0.35	0.49	0.83	0.35	0.41
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	0.00	-1,817	12,958	274	-14,758	2,151	5,136	2,270	-2,787	1,249
Operating Cash Flow to CapEx	0.00%	82.36%	0.00%	0.00%	218.85%	0.00%	0.00%	0.00%	0.00%	0.00%
Free Cash Flow to Firm to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	14.30	6.43	0.00	2.84
Operating Cash Flow to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	5.38	2.34	0.00	1.17
Operating Cash Flow Less CapEx to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	5.38	2.34	0.00	1.17
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-
Asset Turnover	0.28	0.28	0.27	0.22	0.00	0.28	0.39	0.20	0.21	0.22
Accounts Receivable Turnover	9.46	11.60	12.48	10.05	0.00	12.09	14.36	7.27	7.63	8.68
Inventory Turnover	17.64	23.53	28.64	15.83	0.00	20.54	26.61	12.79	13.24	16.80
Fixed Asset Turnover	0.38	0.46	0.00	0.00	0.00	0.49	0.73	0.41	0.37	0.35
Accounts Payable Turnover	5.00	6.23	7.12	2.83	0.00	6.65	7.42	3.19	3.57	3.89
Days Sales Outstanding (DSO)	38.60	31.48	29.24	36.31	0.00	30.19	25.42	50.21	47.81	42.07
Days Inventory Outstanding (DIO)	20.69	15.51	12.75	23.06	0.00	17.77	13.72	28.54	27.58	21.72
Days Payable Outstanding (DPO)	72.93	58.57	51.30	129.18	0.00	54.87	49.17	114.53	102.16	93.86
Cash Conversion Cycle (CCC)	-13.64	-11.59	-9.31	-69.80	0.00	-6.91	-10.03	-35.78	-26.77	-30.07
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-
Invested Capital	9,178	11,868	56	2,766	17,293	16,797	14,191	13,552	18,124	18,447
Invested Capital Turnover	0.35	0.42	0.91	3.49	0.00	0.41	0.61	0.35	0.32	0.31
Increase / (Decrease) in Invested Capital	0.00	2,690	-11,812	2,710	14,527	-496	-2,607	-638	4,571	324
Enterprise Value (EV)	0.00	0.00	11,645	18,131	16,382	20,049	19,844	21,016	26,005	27,742
Market Capitalization	0.00	0.00	10,528	14,333	10,794	14,836	17,555	17,971	20,300	22,097
Book Value per Share	$15.91	$0.00	$21.23	$25.59	$0.00	$0.00	$0.00	$23.53	$0.00	$0.00
Tangible Book Value per Share	$10.48	($7.45)	$14.78	$15.81	($9.07)	($8.88)	($8.24)	$15.18	($8.25)	($7.97)
Total Capital	9,156	6,052	16,612	21,501	9,102	20,070	19,502	21,388	20,935	21,132
Total Debt	2,983	6,005	5,887	8,455	9,055	8,828	7,834	8,440	8,775	8,901
Total Long-Term Debt	2,978	5,801	5,887	8,455	8,585	8,046	7,391	8,440	7,716	8,463
Net Debt	2,850	796	1,073	3,752	5,541	5,166	2,245	3,044	5,705	5,645
Capital Expenditures (CapEx)	0.00	1,460	-3.66	-1,268	807	0.00	0.00	0.00	0.00	0.00
Debt-free, Cash-free Net Working Capital (DFCFNWC)	-104	-157	-143	-337	-234	-158	-205	-1.51	25	-238
Debt-free Net Working Capital (DFNWC)	-71	102	-27	-237	-151	-113	-71	102	132	-150
Net Working Capital (NWC)	-76	-102	-27	-237	-621	-896	-514	102	-927	-588
Net Nonoperating Expense (NNE)	118	172	158	416	17	683	334	286	483	337
Net Nonoperating Obligations (NNO)	3,004	11,820	-10,668	-10,280	17,246	5,556	2,523	604	5,964	6,216
Total Depreciation and Amortization (D&A)	214	304	306	391	549	566	505	502	599	720
Debt-free, Cash-free Net Working Capital to Revenue	-3.28%	-3.57%	-2.64%	-6.84%	0.00%	-2.27%	-2.18%	-0.03%	0.49%	-4.19%
Debt-free Net Working Capital to Revenue	-2.25%	2.32%	-0.50%	-4.82%	0.00%	-1.63%	-0.75%	2.13%	2.57%	-2.65%
Net Working Capital to Revenue	-2.39%	-2.32%	-0.50%	-4.82%	0.00%	-12.84%	-5.47%	2.13%	-18.08%	-10.36%
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$3.00	$0.00	$1.95
Adjusted Weighted Average Basic Shares Outstanding	0.00	503.15M	508.05M	547.75M	0.00	549.96M	550.31M	550M	580.58M	581M
Adjusted Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$2.99	$0.00	$1.94
Adjusted Weighted Average Diluted Shares Outstanding	0.00	503.15M	508.05M	547.75M	0.00	549.96M	550.31M	551M	580.58M	582M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	0.00	503.15M	508.05M	547.75M	0.00	549.96M	550.31M	549.40M	1.15B	581.07M
Normalized Net Operating Profit after Tax (NOPAT)	465	873	1,146	2,984	-230	1,418	2,529	1,490	1,249	1,572
Normalized NOPAT Margin	14.64%	19.92%	21.21%	60.58%	0.00%	20.32%	26.90%	31.06%	24.35%	27.72%
Pre Tax Income Margin	15.33%	18.58%	23.63%	24.12%	0.00%	18.67%	25.30%	34.58%	27.19%	28.37%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	7.66	6.38	0.00	5.01
NOPAT to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	7.04	4.62	0.00	3.58
EBIT Less CapEx to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	7.66	6.38	0.00	5.01
NOPAT Less CapEx to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	7.04	4.62	0.00	3.58
Payout Ratios	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	0.00%	88.45%	0.00%	-39.71%	-484.18%	0.00%	0.00%	0.00%	0.00%	0.00%
Augmented Payout Ratio	0.00%	88.45%	0.00%	-39.71%	-484.18%	1.37%	11.21%	2.82%	0.00%	0.00%

No quarterly metrics and ratios for Pembina Pipeline are available.

Financials Breakdown Chart

Pembina Pipeline Financials - Frequently Asked Questions

According to the most recent income statement we have on file, Pembina Pipeline's financial year ends in December. Their financial year 2025 ended on December 31, 2025.

Pembina Pipeline's net income appears to be on an upward trend, with a most recent value of $1.24 billion in 2025, rising from $346.78 million in 2016. The previous period was $1.30 billion in 2024. See Pembina Pipeline's forecast for analyst expectations on what's next for the company.

Pembina Pipeline's total operating income in 2025 was $2.05 billion, based on the following breakdown:

Total Gross Profit: $2.33 billion
Total Operating Expenses: $362.46 million

Over the last 9 years, Pembina Pipeline's total revenue changed from $3.17 billion in 2016 to $5.67 billion in 2025, a change of 78.7%.

Pembina Pipeline's total liabilities were at $13.70 billion at the end of 2025, a 6.9% increase from 2024, and a 173.9% increase since 2016.

Over the last 9 years, Pembina Pipeline's book value per share changed from 15.91 in 2016 to 0.00 in 2025, a change of -100.0%.

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Financial statements for NYSE:PBA last updated on 3/4/2026 by MarketBeat.com Staff. New filings and market data are monitored continuously.

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Pembina Pipeline (PBA) Financials

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Pembina Pipeline (PBA) Financials

Annual Income Statements for Pembina Pipeline

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Quarterly Balance Sheets for Pembina Pipeline

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Quarterly Metrics And Ratios for Pembina Pipeline

Financials Breakdown Chart

Pembina Pipeline Financials - Frequently Asked Questions

When does Pembina Pipeline's fiscal year end?

How has Pembina Pipeline's net income changed over the last 9 years?

What is Pembina Pipeline's operating income?

How has Pembina Pipeline's revenue changed over the last 9 years?

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How has Pembina Pipeline's book value per share changed over the last 9 years?

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