Pembina Pipeline Corporation logo PBA - Pembina Pipeline Corporation

Price: -- -- | CONSENSUS: Buy DETAILS
STRONG
BUY 0
BUY 12
HOLD 4
SELL 0
STRONG
SELL 0
| PRICE TARGET: $38.76 DETAILS
HIGH: $54.00
LOW: $28.65
MEDIAN: $36.21
CONSENSUS: $38.76
DOWNSIDE: 16.01%
Annual Quarterly
Metric 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 2002 2001 2000 1999 1998
Revenue
Revenue 7,778 7,384 6,331 11,611 8,627 5,953 7,230 7,351 5,408 4,265 4,635 6,069 5,025 3,427.4 1,676.7 1,255.1 811.8 674.9 504.8 335.8 290.5 278.3 243.1 224.5 191.6 136.2 101.3 108.7
Cost of Revenue 4,794 4,068 3,491 8,488 5,980 3,945 4,797 5,024 3,926 3,264 3,769 5,193 4,232 2,888.7 1,332.0 895.4 473.5 371.9 244.7 119.0 102.7 105.0 96.2 89.0 71.4 52.5 36.6 38.3
Gross Profit 2,984 3,316 2,840 3,123 2,647 2,008 2,433 2,327 1,482 1,001 866 876 793 538.7 344.7 359.7 338.3 303.0 260.1 216.8 187.8 173.3 146.9 135.5 120.3 83.7 64.8 70.4
Operating Expenses
R&D Expenses 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
SG&A Expenses 477 444 422 399 306 246 296 279 236 195 157 156 132 91.7 60.0 44.1 51.4 38.6 30.6 26.6 18.0 16.2 12.8 11.8 9.8 7.4 7.2 9.2
Other Expenses (302) 591 (237) (981) 226 1,758 15 (274) (13) 0 40 (41) 0 5.8 3.6 66.7 69.8 72.1 66.5 (7.4) 85.3 83.7 76.3 68.0 61.6 (31.8) (25.3) 41.8
Operating Expenses 175 1,035 185 (582) 532 2,004 311 306 264 194 181 174 132 97.5 63.6 110.8 121.2 110.8 97.1 112.3 103.2 99.9 89.1 79.8 71.5 (24.4) (18.1) 51.0
Operating Income
Operating Income 2,809 2,281 2,655 3,705 2,115 4 1,822 2,021 1,218 807 685 702 660 416.5 281.1 241.9 210.1 192.2 163.0 110.6 84.5 73.3 57.8 55.7 48.8 108.1 82.8 19.4
Interest Expense 586.5 595 470 462 440 416 237.5 286 183 112 113 90 106 121.8 88.1 60.2 51.9 42.8 0 32.6 40.5 0 20.3 0 0 11.4 0 0
Interest Income 11.0 46 7 0 0 0 0 0 0 0 0 5 5 1.5 5.8 0.5 0 0 0 0 0 0 0 0 0 0 0 0
Profitability
EBITDA 3,780.5 3,177 3,322 4,364 2,828 700 1,990 2,438 1,590 1,111 948 884 771 602.5 354.7 298.8 286.6 264.4 229.5 184.2 169.8 158.0 134.1 123.7 131.0 173.7 121.8 61.2
EBIT 2,793.5 2,315 2,659 3,681 2,105 0 1,475 2,028 1,119 767 685 662 600 423.1 274.3 227.2 210.1 215.7 163.0 97.2 84.5 71.1 57.8 55.7 48.8 108.1 82.8 19.4
Income Before Tax 2,207 1,720 2,189 3,219 1,665 (416) 1,528 1,742 1,033 654 614 572 494 301.3 198.8 181.7 158.2 172.9 119.8 64.6 42.8 29.3 37.0 39.0 16.7 2.9 19.6 19.7
Income Tax Expense 513 (154) 413 248 423 (100) 36 464 142 189 199 167 143 75.3 38.9 (5.0) (3.9) 11.1 (22.5) (24.3) (27.6) (31.1) (26.3) (20.5) (23.6) (49.6) 0.3 0.4
Net Income 1,694 1,864 1,776 2,971 1,242 (316) 1,492 1,278 891 466 406 383 351 224.8 165.7 186.7 162.1 161.8 142.3 88.9 70.4 60.4 63.4 59.5 40.3 52.5 19.3 19.3
Per Share Data
EPS (Basic) 2.66 3.00 3.00 5.14 2.00 -0.57 2.69 2.53 1.87 1.02 1.02 1.07 1.12 0.87 0.99 1.08 1.09 1.21 1.09 0.73 0.65 0.60 0.50 0.65 0.52 0.80 0.31 0.31
EPS (Diluted) 2.66 3.00 2.99 5.13 1.99 -0.57 2.68 2.51 1.86 1.01 1.02 1.06 1.12 0.87 0.99 1.07 1.07 1.19 1.06 0.73 0.65 0.60 0.50 0.59 0.49 0.80 0.31 0.31
Shares Outstanding 636.8 573 550 553 550 550 512 505 426 388 347 326 307 258.9 167.4 163.2 149.0 133.4 130.6 121.8 108.3 100.7 126.8 91.6 77.4 65.6 62.3 62.2
Metric 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 2002 2001 2000 1999 1998
Current Assets
Cash & Cash Equivalents 106 141 137 94 43 81 129 157 321 35 28 53 51 27.3 0 125.4 0 13.6 16.7 1.9 0 0 3.3 4.3 4.6 0 0 1.9
Short-Term Investments 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Net Receivables 836 1,083 824 696 780 638 667 500 512 435 354.9 154 419 321.2 145.7 105.5 83.2 65.1 56.2 44.9 31.0 26.4 33.7 26.4 24.2 24.4 11.6 12.9
Inventory 284 301 333 269 376 221 126 198 168 181 120 137 159 108.1 22.8 26.1 13.5 0 0 0 0 0 0 0 0 0 0 0
Other Current Assets 33 13 1,311 253 14 25 40 142 4 9 362 321 4 0 1.5 5.2 0 0 0 0 0 0 0 3.9 9.2 18 0 0
Total Current Assets 1,259 1,573 2,633 1,362 1,245 989 987 1,013 1,022 676 676 688 648 474.7 175.7 257.0 150.7 78.8 72.9 46.8 31.0 26.4 37.0 34.6 38.0 42.4 11.6 14.8
Non-Current Assets
Property, Plant & Equipment 23,076 23,268 16,321 16,036 18,774 19,200 19,597 14,730 13,546 11,331 9,254 7,560 5,750 5,014.5 2,746.0 2,172.4 2,051.4 1,685.4 1,524.9 1,257.7 1,161.7 1,160.6 1,175.1 998.3 1,034.3 852.9 493.2 521.6
Goodwill 0 5,024 4,551 4,557 4,693 4,694 4,684 3,878 3,871 2,097 2,097 2,090 1,966 1,975.6 222.7 287.7 287.7 354.0 358.2 371.7 366.4 0 0 0 0 0 0 0
Intangible Assets 6,345 1,504 1,514 1,574 1,545 1,646 1,745 531 843 737 725 751 598 647.1 21.2 89.3 91.4 0 0 0 0 361.9 362.4 222.7 222.7 214.9 0 0
Long-Term Investments 4,344 4,267 6,987 7,370 4,622 4,377 5,954 6,368 6,229 134 145 153 165 161.2 161.0 190.7 0 0 0 0 0 0 0 0 0 0 0 0
Other Non-Current Assets 531 331 327 315 320 188 186 9 13 11 11 1 0 (4.6) 10.8 (190.7) 0 0 10.8 0 0 0 0 0 2.6 4.6 6.7 6.4
Total Non-Current Assets 34,296 34,394 29,985 30,113 30,211 30,427 32,166 25,651 24,544 14,341 12,260 10,574 8,494 7,801.8 3,163.5 2,549.4 2,430.5 2,039.4 1,893.9 1,629.4 1,528.1 1,522.5 1,537.5 1,221.0 1,259.6 1,072.4 500.0 528.0
Total Assets 35,555 35,967 32,618 31,475 31,456 31,416 33,153 26,664 25,566 15,017 12,936 11,262 9,142 8,276.5 3,339.2 2,806.4 2,581.1 2,118.2 1,966.8 1,676.2 1,559.1 1,548.9 1,574.5 1,255.6 1,297.6 1,114.8 511.6 542.8
Current Liabilities
Account Payables 559 530 555 571 625 434 717 519 465 475 373 444 359 301 141.5 99.0 58.0 65.9 59.5 37.4 18.5 11.7 21.1 21.9 16.8 17.5 5.8 4.2
Short-Term Debt 600 1,525 650 600 1,000 600 74 480 256 6 5 4 262 11.7 324.6 8.0 194.1 81.9 6.4 21.1 23.3 6.5 134 3.3 7.8 87.0 0.9 0
Deferred Revenue 39 43 33 56 71 62 39 37 342 239 251 213 184 82.4 21.8 0 0 0 0 0 0 0 0 2.5 3.2 7.6 0 0
Other Current Liabilities 122 75 1,888 57 579 530 116 387 382 304 227 257 197 15.9 26.6 0.2 20.6 17.5 15.9 12.6 10.0 9.0 8.6 8.2 7.7 5.9 4.4 4.4
Total Current Liabilities 2,065 2,908 3,221 2,046 2,390 1,781 1,457 1,490 1,142 785 639 705 818 411.9 517.8 128.9 272.7 165.3 81.8 71.1 51.7 27.2 163.7 35.9 35.5 118.1 11.0 8.5
Non-Current Liabilities
Long-Term Debt 12,088 11,131 9,849 10,000 10,239 10,276 10,078 7,043 7,300 4,145 3,318 2,857 2,111 2,536.9 1,301.4 1,397.7 973.5 872.7 820.1 609.1 606.1 682.5 282.1 323.0 307.2 243.4 5.9 0
Deferred Tax Liabilities 2,957 2,868 2,623 2,507 3,011 2,925 2,906 2,774 2,376 1,111 965 793 699 584.5 106.9 91.0 95.9 98.9 94.0 113.6 137.9 167.3 200.6 164.1 185.8 182.2 0 0
Other Non-Current Liabilities 830 719 419 399 598 514 1,043 808 754 594 506 527 329 458.8 449.3 8.6 109.7 98.1 62.2 29.9 19.7 16.9 2.0 0 0 0 0 0
Total Non-Current Liabilities 16,719 15,549 13,584 13,640 14,703 14,620 14,926 10,770 10,575 5,936 4,873 4,221 3,153 3,589.2 1,859.8 1,497.3 1,179.1 1,069.7 976.3 752.6 763.8 866.7 484.7 487.1 493 425.6 5.9 0
Total Liabilities 18,784 18,457 16,805 15,686 17,093 16,401 16,383 12,260 11,717 6,721 5,512 4,926 3,971 4,001.1 2,377.6 1,626.2 1,451.8 1,235.0 1,058.1 823.7 815.5 893.9 648.4 522.9 528.5 543.7 16.9 8.5
Stockholders' Equity
Common Stock 17,016 17,008 15,765 15,793 15,678 15,644 15,539 13,662 13,447 8,808 7,991 6,876 5,972 5,324.1 1,811.7 1,782.8 1,660.8 0 0 0 0 0 0 0 0 0 0 0
Retained Earnings (2,381) (2,303) (2,372) (2,613) (3,920) (3,637) (1,883) (2,058) (2,075) (2,010) (1,670) (1,400) (1,189) (1,027.7) (834.9) (595.5) (527.1) (456.9) (419.9) (383.3) (688.1) (286.9) 233.7 (183.3) (139.2) (94.5) (84.2) (44.2)
Accumulated Other Comprehensive Income 407 641 221 341 28 2 98 317 (7) (11) 3 (20) (8) (26.1) (15.2) (7.1) (4.3) (10.6) 7.9 0 0 0 (203.7) 73.9 118.3 (129.6) (83.0) (45.9)
Total Stockholders' Equity 16,771 17,510 15,813 15,729 14,303 14,955 16,710 14,344 13,789 8,296 7,424 6,336 5,166 4,270.3 961.6 1,180.2 1,129.4 883.2 908.7 852.5 743.6 655.0 926.1 732.6 769.1 571.1 494.6 534.3
Total Liabilities & Equity 35,555 35,967 32,618 31,475 31,456 31,416 33,153 26,664 25,566 15,017 12,936 11,262 9,142 8,276.5 3,339.2 2,806.4 2,581.1 2,118.2 1,966.8 1,676.2 1,559.1 1,548.9 1,574.5 1,255.6 1,297.6 1,114.8 511.6 542.8
Debt Metrics
Total Debt 13,310 13,321 11,143 11,275 11,962 11,650 10,971 7,537 7,556 4,151 3,323 2,861 2,275 2,554.4 1,626.0 1,405.7 1,271.8 954.6 826.5 630.2 629.4 689.0 416.1 326.3 315 330.4 6.8 0
Net Debt 13,204 13,180 11,006 11,181 11,919 11,569 10,842 7,380 7,235 4,116 3,295 2,808 2,224 2,527.1 1,626.0 1,280.3 1,271.8 940.9 809.8 628.3 629.4 689.0 412.8 322 310.4 330.4 6.8 (1.9)
Metric 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 2002 2001 2000 1999 1998
Operating Activities
Net Income 1,694 1,864 1,776 2,971 1,242 (316) 1,492 1,278 891 466 406 383 351 225.0 165.7 186.7 162.1 161.8 142.3 88.9 70.4 60.4 63.4 59.5 40.3 52.5 19.3 19.3
Depreciation & Amortization 987 862 679 683 723 700 511 417 382 293 263 226 171 179.4 70.2 66.9 69.8 72.1 66.5 85.6 85.3 84.6 76.3 68.0 82.1 65.6 39.0 41.8
Stock-Based Compensation 94 84 72 126 100 28 66 63 73 46 25 39 34 17.0 0 0.4 0.5 0.8 0 0 0 0 0 0 0 0 0 0
Change in Working Capital 221 (43) (210) 177 (100) (93) 106 (83) (18) (36) (11) (33) (75) (109.9) (18.7) 1.0 (3.7) 11.4 (2.7) (4.9) 2.2 8.6 (6.2) 0.8 (4.8) (14.6) 0.6 2.1
Other Non-Cash Items (208) 601 (95) (1,276) 262 2,033 321 117 43 119 (81) 18 65 (27.5) 70.0 (5.6) (0.2) (37.3) 4.9 7.2 (7.6) (4.4) (4.7) 0.4 0 (1.4) 0.4 0.4
Operating Cash Flow 3,301 3,214 2,635 2,929 2,650 2,252 2,532 2,256 1,513 1,077 801 800 651 359.8 287.1 255.1 224.6 219.9 189.5 143.9 112.4 120.2 103.9 107.0 92.9 52.1 59.3 63.6
Investing Activities
Capital Expenditure (784) (955) (606) (605) (658) (1,029) (1,645) (1,226) (1,839) (1,745) (1,811) (1,412) (880) (546.8) (479.7) (198.7) (143.8) (224.0) (300.3) (169.0) (79.5) (27.9) (16.6) (28.5) (11.6) (43.1) (10.0) (12.1)
Acquisitions (410) (2,582) (204) 514 (376) (202) (2,215) (58) (1,345) (568) (27) (465) (13) 0.7 0 0 0 0 0 0 0 0 (188.4) 0 (222.2) (361.5) 0 0
Purchases of Investments 0 (371) (265) 0 0 (202) (206) (58) (7) 0 0 0 (13) 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Sales/Maturities of Investments 0 63 61 0 0 202 206 0 0 0 0 0 880 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Other Investing Activities 104 (68) 225 (63) (5) (252) (50) (27) (148) 27 (60) 40 (834) 37 0.8 10.9 (334.0) 40.8 13.6 9.8 7.6 (40.9) (120.2) 7.7 0 3.3 1.1 0
Investing Cash Flow (1,090) (3,913) (789) (154) (1,039) (1,483) (3,910) (1,311) (3,332) (2,286) (1,898) (1,837) (860) (546.1) (478.9) (187.8) (477.8) (183.2) (286.8) (159.1) (71.9) (68.8) (325.2) (20.8) (233.8) (401.2) (9.0) (12.1)
Financing Activities
Net Debt Issuance (26) 1,372 (172) (746) 277 633 2,537 68 2,463 817 709 809 (279) 388.2 312.5 181.4 217.2 134.9 233.1 84.1 29.7 15.4 300.5 9.9 (14.4) 323.5 5.9 0
Stock Repurchased (451) 0 (50) (333) (17) (88) (151) 0 0 0 0 0 0 0 (239.4) (233.5) 0 0 0 (139.6) (112.5) 0 0 0 0 0 0 0
Dividends Paid (1,772) (1,701) (1,579) (1,651) (1,521) (1,530) (1,323) (1,247) (781) (351) (294) (269) (221) (181.1) (21.7) (254.1) 0 (197.2) (175.6) 0 0 (105.8) (100.6) (95.8) (79.2) (61.3) (59.3) (63.7)
Other Financing Activities 451 996 1 310 16 88 137 53 23 (15) (28) (1) (12) (0.3) 253.7 250.2 0 7.5 0 0 112.5 0 (13.9) (8.2) (2.6) 0 0 0
Financing Cash Flow (2,243) 678 (1,800) (2,720) (1,665) (809) 1,351 (1,126) 2,105 1,216 1,072 1,039 233 214.3 65.7 4.1 293.5 (39.8) 112.1 24.4 (44.8) (57.6) 220.3 (86.5) 146.5 349.1 (53.1) (63.7)
Cash Position
Net Change in Cash (35) (10) 44 64 (38) (48) (28) (164) 286 7 (25) 2 24 28.0 (126.1) 71.5 40.3 (3.1) 14.9 9.2 (4.3) (6.2) (1.0) (0.3) 5.6 (0.1) (2.8) (12.2)
Cash at Beginning 141 151 107 43 81 129 157 321 35 28 53 51 27 (0.7) 125.4 53.9 13.6 16.7 1.9 (7.3) (3.0) 3.3 4.3 4.6 (1.0) (0.9) 1.9 14.0
Cash at End 106 141 151 107 43 81 129 157 321 35 28 53 51 27.3 (0.7) 125.4 53.9 13.6 16.7 1.9 (7.3) (3.0) 3.3 4.3 4.6 (1.0) (0.9) 1.9
Free Cash Flow 2,517 2,259 2,029 2,324 1,992 1,223 887 1,030 (326) (668) (1,010) (612) (229) (187.0) (192.6) 56.4 80.8 (4.1) (110.8) (25.1) 32.9 92.3 87.3 78.5 81.3 9.0 49.2 51.5
Key Metrics 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 2002 2001 2000 1999 1998
Income Statement
Revenue 7,778 7,384 6,331 11,611 8,627 5,953 7,230 7,351 5,408 4,265 4,635 6,069 5,025 3,427.4 1,676.7 1,255.1 811.8 674.9 504.8 335.8 290.5 278.3 243.1 224.5 191.6 136.2 101.3 108.7
Gross Profit 2,984 3,316 2,840 3,123 2,647 2,008 2,433 2,327 1,482 1,001 866 876 793 538.7 344.7 359.7 338.3 303.0 260.1 216.8 187.8 173.3 146.9 135.5 120.3 83.7 64.8 70.4
Operating Income 2,809 2,281 2,655 3,705 2,115 4 1,822 2,021 1,218 807 685 702 660 416.5 281.1 241.9 210.1 192.2 163.0 110.6 84.5 73.3 57.8 55.7 48.8 108.1 82.8 19.4
Net Income 1,694 1,864 1,776 2,971 1,242 (316) 1,492 1,278 891 466 406 383 351 224.8 165.7 186.7 162.1 161.8 142.3 88.9 70.4 60.4 63.4 59.5 40.3 52.5 19.3 19.3
EPS (Diluted) 2.66 3.00 2.99 5.13 1.99 -0.57 2.68 2.51 1.86 1.01 1.02 1.06 1.12 0.87 0.99 1.07 1.07 1.19 1.06 0.73 0.65 0.60 0.50 0.59 0.49 0.80 0.31 0.31
Balance Sheet
Cash & Equivalents 106 141 137 94 43 81 129 157 321 35 28 53 51 27.3 0 125.4 0 13.6 16.7 1.9 0 0 3.3 4.3 4.6 0 0 1.9
Total Assets 35,555 35,967 32,618 31,475 31,456 31,416 33,153 26,664 25,566 15,017 12,936 11,262 9,142 8,276.5 3,339.2 2,806.4 2,581.1 2,118.2 1,966.8 1,676.2 1,559.1 1,548.9 1,574.5 1,255.6 1,297.6 1,114.8 511.6 542.8
Total Debt 13,310 13,321 11,143 11,275 11,962 11,650 10,971 7,537 7,556 4,151 3,323 2,861 2,275 2,554.4 1,626.0 1,405.7 1,271.8 954.6 826.5 630.2 629.4 689.0 416.1 326.3 315 330.4 6.8 0
Stockholders' Equity 16,771 17,510 15,813 15,729 14,303 14,955 16,710 14,344 13,789 8,296 7,424 6,336 5,166 4,270.3 961.6 1,180.2 1,129.4 883.2 908.7 852.5 743.6 655.0 926.1 732.6 769.1 571.1 494.6 534.3
Cash Flow
Operating Cash Flow 3,301 3,214 2,635 2,929 2,650 2,252 2,532 2,256 1,513 1,077 801 800 651 359.8 287.1 255.1 224.6 219.9 189.5 143.9 112.4 120.2 103.9 107.0 92.9 52.1 59.3 63.6
Capital Expenditure (784) (955) (606) (605) (658) (1,029) (1,645) (1,226) (1,839) (1,745) (1,811) (1,412) (880) (546.8) (479.7) (198.7) (143.8) (224.0) (300.3) (169.0) (79.5) (27.9) (16.6) (28.5) (11.6) (43.1) (10.0) (12.1)
Free Cash Flow 2,517 2,259 2,029 2,324 1,992 1,223 887 1,030 (326) (668) (1,010) (612) (229) (187.0) (192.6) 56.4 80.8 (4.1) (110.8) (25.1) 32.9 92.3 87.3 78.5 81.3 9.0 49.2 51.5