Pembina Pipeline Corporation (PBA) Earnings History
Profitable28 years of earnings data (1998–2025) · Positive TTM net income
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Pembina Pipeline Corporation (PBA) Earnings Overview
As of July 8, 2026, Pembina Pipeline Corporation (PBA) reported trailing twelve-month net income of $1.69B, reflecting -11.3% year-over-year growth. The company earned $2.91 per diluted share over the past four quarters, with a net profit margin of 21.8%.
Looking at the long-term picture, PBA's historical earnings data spans multiple years. The company achieved its highest annual net income of $2.97B in fiscal 2022.
Pembina Pipeline Corporation maintains industry-leading profitability with a gross margin of 38.4%, operating margin of 36.1%, and net margin of 21.8%. This margin structure demonstrates strong pricing power and operational efficiency. View revenue history →
Compared to peers including ENB ($7.57B net income, 11.5% margin), TRP ($3.44B net income, 23.2% margin), PPL ($1.22B net income, 13.1% margin), PBA has outperformed on profitability metrics. Compare PBA vs ENB →
PBA Earnings vs Peers
Earnings metrics vs comparable public companies
PBA Historical Earnings Data (1998–2025)
28 years| Fiscal Year | Net Income | YoY % | Operating Income | EPS (Diluted) | Net Margin | Op. Margin |
|---|---|---|---|---|---|---|
| 2025 | $1.69B | -9.1% | $2.81B | $2.66 | 21.8% | 36.1% |
| 2024 | $1.86B | +5.0% | $2.28B | $3.00 | 25.2% | 30.9% |
| 2023 | $1.78B | -40.2% | $2.65B | $2.99 | 28.1% | 41.9% |
| 2022 | $2.97B | +139.2% | $3.71B | $5.13 | 25.6% | 31.9% |
| 2021 | $1.24B | +493.0% | $2.12B | $1.99 | 14.4% | 24.5% |
| 2020 | -$316M | -121.2% | $4M | $-0.57 | -5.3% | 0.1% |
| 2019 | $1.49B | +16.7% | $1.82B | $2.68 | 20.6% | 25.2% |
| 2018 | $1.28B | +43.4% | $2.02B | $2.51 | 17.4% | 27.5% |
| 2017 | $891M | +91.2% | $1.22B | $1.86 | 16.5% | 22.5% |
| 2016 | $466M | +14.8% | $807M | $1.01 | 10.9% | 18.9% |
| 2015 | $406M | +6.0% | $685M | $1.02 | 8.8% | 14.8% |
| 2014 | $383M | +9.1% | $702M | $1.06 | 6.3% | 11.6% |
| 2013 | $351M | +56.1% | $660M | $1.12 | 7.0% | 13.1% |
| 2012 | $225M | +35.7% | $416M | $0.87 | 6.6% | 12.2% |
| 2011 | $166M | -11.3% | $281M | $0.99 | 9.9% | 16.8% |
| 2010 | $187M | +15.2% | $242M | $1.07 | 14.9% | 19.3% |
| 2009 | $162M | +0.2% | $210M | $1.07 | 20.0% | 25.9% |
| 2008 | $162M | +13.7% | $192M | $1.19 | 24.0% | 28.5% |
| 2007 | $142M | +60.1% | $163M | $1.06 | 28.2% | 32.3% |
| 2006 | $89M | +26.2% | $111M | $0.73 | 26.5% | 32.9% |
| 2005 | $70M | +16.5% | $85M | $0.65 | 24.2% | 29.1% |
| 2004 | $60M | -4.7% | $73M | $0.60 | 21.7% | 26.4% |
| 2003 | $63M | +6.5% | $58M | $0.50 | 26.1% | 23.8% |
| 2002 | $60M | +47.8% | $56M | $0.59 | 26.5% | 24.8% |
| 2001 | $40M | -23.3% | $49M | $0.49 | 21.0% | 25.5% |
| 2000 | $52M | +171.6% | $108M | $0.80 | 38.5% | 79.4% |
| 1999 | $19M | +0.2% | $83M | $0.31 | 19.1% | 81.7% |
| 1998 | $19M | - | $19M | $0.31 | 17.7% | 17.8% |
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PBA — Frequently Asked Questions
Quick answers to the most common questions about buying PBA stock.
What is PBA earnings per share (EPS)?
PBA trailing twelve-month (TTM) diluted EPS is $2.91, reflecting -11.3% year-over-year growth. The 5-year EPS CAGR is N/A. Complete EPS history from 1998 to 2025 is available in the table on this page.
What is Pembina Pipeline Corporation's net income?
Pembina Pipeline Corporation (PBA) trailing twelve-month net income is $1.7B as of 2025. Earnings declined -11.3% year-over-year. Pembina Pipeline Corporation has been profitable for 5 consecutive years.
Is PBA profitable?
Yes, PBA is profitable with a TTM net income of $1.7B and a net profit margin of +21.8%. Pembina Pipeline Corporation has generated profits for 5 consecutive years.
What is PBA's earnings growth rate?
PBA compound annual EPS growth rates (CAGR): 1-Year: -11.3%, 3-Year: -19.7%, 5-Year: N/A, 10-Year: +10.1%. These figures measure the annualised rate of diluted EPS growth over each period, based on data from 1998 to 2025.
What are PBA's profit margins?
Pembina Pipeline Corporation net profit margin is +21.8%, operating margin is +36.1%, and gross margin is +38.4%. Above-average net margins reflect strong pricing power and competitive moat. Return on Equity is +9.9%.
Is PBA growing earnings?
PBA earnings are declining — EPS fell -11.3% year-over-year. TTM net income dropped to $1.7B. This contrasts with the 5-year CAGR of N/A.
What was PBA's best earnings year?
Pembina Pipeline Corporation's highest annual net income on record is $3.0B, achieved in fiscal year 2022. Earnings history on this page spans 1998 to 2025 and includes all annual and quarterly figures.
What were PBA's earnings last quarter?
PBA's most recent reported quarter was Q1 2026. Net income was $499M with diluted EPS of $0.81. For a full breakdown of all quarters, see the quarterly earnings table on this page.