Pembina Pipeline Income Statement

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

Millions CAD. Fiscal year is Jan - Dec.

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

Updated Dec 31, 2025. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q