Pembina Pipeline Income Statement

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

Millions CAD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	7,602	7,778	7,384	6,331	11,611	8,627
Revenue Growth (YoY)	-6.45%	5.34%	16.63%	-45.47%	34.59%	44.92%
Cost of Revenue	4,658	4,794	4,396	3,807	8,877	6,134
Gross Profit	2,944	2,984	2,988	2,524	2,734	2,493
Selling, General & Admin	485	477	444	422	399	306
Other Operating Expenses	16	20	612	-237	129	226
Total Operating Expenses	501	497	1,056	185	528	532
Operating Income	2,806	2,809	2,281	2,655	3,705	2,115
Interest Income	145	-	-	316	361	281
Interest Expense	-607	-602	-561	-466	-486	-450
Other Non-Operating Income (Expense)	-105	-96	-307	-	1,138	-127
Total Non-Operating Income (Expense)	-567	-698	-868	-150	1,013	-296
Pretax Income	2,199	2,207	1,720	2,189	3,219	1,665
Provision for Income Taxes	509	513	-154	413	248	423
Net Income	1,552	1,550	1,721	1,648	2,842	1,098
Minority Interest in Earnings	-	-	10	-	-	-
Net Income to Common	1,552	1,550	1,721	1,648	2,842	1,098
Net Income Growth	-12.86%	-9.94%	4.43%	-42.01%	158.83%	-
Shares Outstanding (Basic)	581	581	573	549	553	550
Shares Outstanding (Diluted)	582	582	574	551	554	551
Shares Change (YoY)	0.04%	1.39%	4.14%	-0.51%	0.54%	0.18%
EPS (Basic)	2.67	2.67	3.00	3.00	5.14	2.00
EPS (Diluted)	2.66	2.66	3.00	2.99	5.12	1.99
EPS Growth	-13.36%	-11.33%	0.33%	-41.60%	157.29%	-
Shares Outstanding	581	581	581	549	550	550
Free Cash Flow	1,969	2,489	2,233	2,014	2,303	1,967
Free Cash Flow Growth	-20.89%	11.46%	10.87%	-12.55%	17.08%	67.12%
Free Cash Flow Per Share	3.38	4.28	3.89	3.65	4.16	3.57
Dividends Per Share	2.860	2.840	2.737	2.655	2.550	2.520
Dividend Growth	0.70%	3.74%	3.11%	4.12%	1.19%	-
Gross Margin	38.73%	38.36%	40.47%	39.87%	23.55%	28.90%
Operating Margin	36.91%	36.11%	30.89%	41.94%	31.91%	24.52%
Profit Margin	22.23%	21.78%	25.38%	28.05%	25.59%	14.40%
FCF Margin	25.90%	32.00%	30.24%	31.81%	19.83%	22.80%
EBITDA	3,790	3,796	3,143	3,318	4,388	2,838
EBITDA Margin	49.86%	48.80%	42.56%	52.41%	37.79%	32.90%
EBIT	2,806	2,809	2,281	2,655	3,705	2,115
EBIT Margin	36.91%	36.11%	30.89%	41.94%	31.91%	24.52%
Effective Tax Rate	23.15%	23.24%	-8.95%	18.87%	7.70%	25.41%

Updated May 7, 2026. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q