Pembina Pipeline Corporation (TSX:PPL)
 52.95
 -0.11 (-0.21%)
  Nov 3, 2025, 4:00 PM EST
Pembina Pipeline Income Statement
Financials in millions CAD. Fiscal year is January - December.
 Millions CAD. Fiscal year is Jan - Dec.
Fiscal Year  | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | 2015 - 2019 | 
|---|---|---|---|---|---|---|---|
Period Ending  | Jun '25 Jun 30, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 | Dec '20 Dec 31, 2020 | 2015 - 2019 | 
| 8,063 | 7,384 | 6,331 | 11,611 | 8,627 | 5,953 | Upgrade   | |
Revenue Growth (YoY)     | 20.59% | 16.63% | -45.47% | 34.59% | 44.92% | -17.66% | Upgrade   | 
Cost of Revenue     | 4,804 | 4,396 | 3,807 | 8,877 | 6,134 | 3,883 | Upgrade   | 
Gross Profit     | 3,259 | 2,988 | 2,524 | 2,734 | 2,493 | 2,070 | Upgrade   | 
Selling, General & Admin     | 401 | 394 | 383 | 360 | 306 | 208 | Upgrade   | 
Other Operating Expenses     | 21 | -25 | -6 | 101 | 229 | 12 | Upgrade   | 
Operating Expenses     | 476 | 419 | 416 | 500 | 535 | 258 | Upgrade   | 
Operating Income     | 2,783 | 2,569 | 2,108 | 2,234 | 1,958 | 1,812 | Upgrade   | 
Interest Expense     | -591 | -575 | -454 | -446 | -424 | -401 | Upgrade   | 
Interest & Investment Income     | 12 | 46 | 7 | - | - | - | Upgrade   | 
Earnings From Equity Investments     | 220 | 328 | 316 | 361 | 281 | -32 | Upgrade   | 
Currency Exchange Gain (Loss)     | -12 | -12 | -22 | -12 | 9 | -9 | Upgrade   | 
Other Non Operating Income (Expenses)     | -22 | -20 | 3 | -28 | -35 | -10 | Upgrade   | 
EBT Excluding Unusual Items     | 2,390 | 2,336 | 1,958 | 2,109 | 1,789 | 1,360 | Upgrade   | 
Merger & Restructuring Charges     | - | - | - | - | 350 | - | Upgrade   | 
Gain (Loss) on Sale of Investments     | - | - | - | - | - | -1,277 | Upgrade   | 
Gain (Loss) on Sale of Assets     | - | - | - | 1,110 | - | - | Upgrade   | 
Asset Writedown     | - | - | 231 | - | -474 | -499 | Upgrade   | 
Other Unusual Items     | - | -616 | - | - | - | - | Upgrade   | 
Pretax Income     | 2,390 | 1,720 | 2,189 | 3,219 | 1,665 | -416 | Upgrade   | 
Income Tax Expense     | 514 | -154 | 413 | 248 | 423 | -100 | Upgrade   | 
Earnings From Continuing Operations     | 1,876 | 1,874 | 1,776 | 2,971 | 1,242 | -316 | Upgrade   | 
Minority Interest in Earnings     | -2 | -10 | - | - | - | - | Upgrade   | 
Net Income     | 1,874 | 1,864 | 1,776 | 2,971 | 1,242 | -316 | Upgrade   | 
Preferred Dividends & Other Adjustments     | 149 | 143 | 128 | 129 | 144 | 160 | Upgrade   | 
Net Income to Common     | 1,725 | 1,721 | 1,648 | 2,842 | 1,098 | -476 | Upgrade   | 
Net Income Growth     | -4.04% | 4.96% | -40.22% | 139.21% | - | - | Upgrade   | 
Shares Outstanding (Basic)     | 581 | 573 | 550 | 553 | 550 | 550 | Upgrade   | 
Shares Outstanding (Diluted)     | 582 | 574 | 551 | 554 | 551 | 550 | Upgrade   | 
Shares Change (YoY)     | 4.21% | 4.17% | -0.54% | 0.54% | 0.18% | 7.00% | Upgrade   | 
EPS (Basic)     | 2.97 | 3.00 | 3.00 | 5.14 | 2.00 | -0.87 | Upgrade   | 
EPS (Diluted)     | 2.97 | 3.00 | 2.99 | 5.12 | 1.99 | -0.87 | Upgrade   | 
EPS Growth     | -8.81% | 0.33% | -41.60% | 157.29% | - | - | Upgrade   | 
Free Cash Flow     | 2,557 | 2,233 | 2,014 | 2,303 | 1,967 | 1,177 | Upgrade   | 
Free Cash Flow Per Share     | 4.39 | 3.89 | 3.65 | 4.16 | 3.57 | 2.14 | Upgrade   | 
Dividend Per Share     | 2.777 | 2.737 | 2.655 | 2.550 | 2.520 | 2.520 | Upgrade   | 
Dividend Growth     | 3.06% | 3.11% | 4.12% | 1.19% | - | 6.78% | Upgrade   | 
Gross Margin     | 40.42% | 40.47% | 39.87% | 23.55% | 28.90% | 34.77% | Upgrade   | 
Operating Margin     | 34.52% | 34.79% | 33.30% | 19.24% | 22.70% | 30.44% | Upgrade   | 
Profit Margin     | 21.39% | 23.31% | 26.03% | 24.48% | 12.73% | -8.00% | Upgrade   | 
Free Cash Flow Margin     | 31.71% | 30.24% | 31.81% | 19.84% | 22.80% | 19.77% | Upgrade   | 
EBITDA     | 3,684 | 3,374 | 2,712 | 2,851 | 2,606 | 2,441 | Upgrade   | 
EBITDA Margin     | 45.69% | 45.69% | 42.84% | 24.55% | 30.21% | 41.01% | Upgrade   | 
D&A For EBITDA     | 901 | 805 | 604 | 617 | 648 | 629 | Upgrade   | 
EBIT     | 2,783 | 2,569 | 2,108 | 2,234 | 1,958 | 1,812 | Upgrade   | 
EBIT Margin     | 34.52% | 34.79% | 33.30% | 19.24% | 22.70% | 30.44% | Upgrade   | 
Effective Tax Rate     | 21.51% | - | 18.87% | 7.70% | 25.41% | - | Upgrade   | 
Updated Jun 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.