Pembina Pipeline Corp (PPLAF) stock

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

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

$18.60+0.00 (0.00%)

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

Pembina Pipeline operating margin

Operating margin is operating income as a percentage of revenue.

For fiscal 2025 it was 36.1%, against 30.9% the year before. The highest annual figure on record is 41.9% in fiscal 2023.

Period	Period end	Value	Change (pts)
FY2025	Dec 31, 2025	36.1%	+5.2
FY2024	Dec 31, 2024	30.9%	−11.0
FY2023	Dec 31, 2023	41.9%	+10.0
FY2022	Dec 31, 2022	31.9%	+7.4
FY2021	Dec 31, 2021	24.5%	+24.4
FY2020	Dec 31, 2020	0.1%	−28.7
FY2019	Dec 31, 2019	28.7%	+1.2
FY2018	Dec 31, 2018	27.5%	+5.1
FY2017	Dec 31, 2017	22.4%	–

Parsed from the XBRL in Pembina Pipeline's annual and quarterly filings with the SEC
Fourth quarters derived from the annual report minus nine months
Every figure in the statements links to its source filing

Trailing twelve months. Peers are matched on business description, industry and size. Ticks are peers, the dot is PPLAF.

Revenue growth5.3% · median 25.8%

Operating margin36.1% · median 26.9%

Net margin21.8% · median 21.0%

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