Pembina Pipeline Corp (PBNAF) income statement

PBNAFOTCOil & Gas Field Exploration ServicesFiscal year ends December 31Also trades as PBA, PBPRF, PMBPF, PMMBF, PPLAF, PPLOF

Financials through fiscal 2025, year ended Dec 31, 2025Last filing: 40-F on Feb 27, 2026Score 3/30

$17.90+0.00 (0.00%)

Close on Oct 19, 2026Market cap $29.84BP/E 27.0Yield –

Pembina Pipeline Corp income statement

AnnualQuarterlyTTM

CAD USD

Millions of CAD, except per-share data. Shares in millions.

Line item	FY 2025 2025-12-31	FY 2024 2024-12-31	FY 2023 2023-12-31	FY 2022 2022-12-31	FY 2021 2021-12-31	FY 2020 2020-12-31	FY 2019 2019-12-31	FY 2018 2018-12-31	FY 2017 2017-12-31
Revenue	7,778	7,384	6,331	11,611	8,627	5,953	6,372	7,351	5,400
Cost of Revenue	4,794	4,396	3,807	8,877	6,134	3,883	4,325	5,457	3,971
Gross Profit	3,193	3,316	2,840	3,123	2,647	2,008	2,442	2,327	1,474
Selling, General & Admin	477	444	422	399	306	246	296	279	236
Operating Expenses	–	–	243	261	265	244	182	–	–
Operating Income	2,809	2,281	2,655	3,705	2,115	4.00	1,831	2,021	1,210
Interest Expense	602	561	466	486	450	420	289	279	185
Income from Equity Investments	209	328	316	361	281	282	375	411	116
Asset Impairment Charges	–	–	–	–	–	1,776	–	–	–
Pretax Income	2,207	1,720	2,189	3,219	1,665	-416	1,542	1,742	1,025
Income Tax Expense	513	-154	413	248	423	-100	35	464	142
Net Income incl. Noncontrolling Interests	1,694	1,874	1,776	2,971	1,242	-316	1,507	1,278	883
Minority Interest in Earnings	0	10	0	–	–	–	–	–	–
Net Income	1,694	1,864	1,776	–	–	–	370	411	116
Net Income to Common	1,550	1,721	1,648	2,842	1,098	-476	1,376	1,153	797
EPS (Basic)(per share)	2.67	3.00	3.00	5.14	2.00	-0.86	2.69	2.28	1.87
EPS (Diluted)(per share)	2.66	3.00	2.99	5.12	1.99	-0.86	2.68	2.28	1.86
Shares Outstanding (Basic, Weighted)(shares)	581	573	550	553	550	550	512	505	426
Shares Outstanding (Diluted, Weighted)(shares)	582	574	551	554	551	550	514	509	432
EBITDA	3,796	3,143	3,318	4,388	2,838	704	2,338	2,438	1,592

Italic numbers are calculated by StockData (for example Q4 = full year − nine months). Per-share data and share counts are adjusted for stock splits. Hover a number for its source; click it to open the filing on SEC.gov. Click a row to chart it.

Ratios

Latest available, balances at Dec 31, 2025

Profitability, FY2025

Gross margin: 41.1%
Operating margin: 36.1%
Net margin: 21.8%
Return on equity, FY2025: –

Financial strength

Current ratio: 0.61
Debt to equity: –
Debt to assets: 32.8%
Cash to current liabilities: 5.1%

Valuation

P/E ratio: 27.0
Price to sales: 5.37
Price to book: –
Dividend yield: –