Pembina Pipeline Corporation (TSX: PPL)

Pembina Pipeline Income Statement

Financials in millions CAD. Fiscal year is January - December.

Year	2023	2022	2021	2020	2019
Revenue	9,125	11,611	8,627	6,202	7,230
Revenue Growth (YoY)	-21.41%	34.59%	39.10%	-14.22%	-1.65%
Cost of Revenue	6,285	8,488	5,980	4,194	4,797
Gross Profit	2,840	3,123	2,647	2,008	2,433
Selling, General & Admin	422	399	306	246	296
Other Operating Expenses	0	129	-248	-18	15
Operating Expenses	416	528	58	228	311
Operating Income	2,655	2,595	2,115	1,780	1,822
Interest Income	0	446	424	401	1
Interest Expense	470	462	440	416	321
Other Expense / Income	-4	-640	434	2,181	-26
Pretax Income	2,189	3,219	1,665	-416	1,528
Income Tax	413	248	423	-100	36
Net Income	1,776	2,971	1,242	-316	1,492
Net Income Growth	-40.22%	139.21%	-	-	16.74%
Shares Outstanding (Basic)	550	553	550	550	512
Shares Outstanding (Diluted)	551	554	551	550	514
Shares Change	-0.54%	0.54%	0.18%	7.00%	0.98%
EPS (Basic)	3.00	5.14	2.00	-0.57	2.69
EPS (Diluted)	2.99	5.13	1.99	-0.57	2.68
EPS Growth	-41.72%	157.79%	-	-	6.77%
Free Cash Flow	2,029	2,324	1,992	1,223	887
Free Cash Flow Per Share	3.68	4.19	3.62	2.22	1.73
Gross Margin	31.12%	26.90%	30.68%	32.38%	33.65%
Operating Margin	29.10%	22.35%	24.52%	28.70%	25.20%
Profit Margin	19.46%	25.59%	14.40%	-5.10%	20.64%
Free Cash Flow Margin	22.24%	20.02%	23.09%	19.72%	12.27%
Effective Tax Rate	18.87%	7.70%	25.41%	-	2.36%
EBITDA	3,087	3,278	3,312	2,480	2,433
EBITDA Margin	33.83%	28.23%	38.39%	39.99%	33.65%
Depreciation & Amortization	663	683	723	700	511
EBIT	2,424	2,595	2,589	1,780	1,922
EBIT Margin	26.56%	22.35%	30.01%	28.70%	26.58%

Sources: The data provider is Financial Modeling Prep and the numbers are sourced from SEC filings.