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Pembina Pipeline PPL.TO · CAD

Energy · Toronto Stock Exchange · 🇨🇦 Canada

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68.87

+1.04%

Close of 9 Nov 2026, in CAD

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Reference data, closing prices and charts across 45,000 companies, plus crypto, commodities and currencies.

At a glance

Figures in CAD, from our data supplier.

FY2025

Revenue

C$7.68bn

FY2016FY2025

Net income

C$1.69bn

FY2016FY2025

Free cash flow

C$2.49bn

FY2016FY2025

Shareholders' equity

C$16.77bn

FY2016FY2025

Income statement

Fiscal years

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
RevenueC$7.68bnC$7.38bnC$6.33bnC$11.61bnC$8.63bnC$5.95bnC$7.23bnC$7.35bnC$5.40bnC$4.26bn
Gross profitC$2.81bnC$2.99bnC$2.52bnC$2.73bnC$2.49bnC$2.07bnC$2.05bnC$1.89bnC$1.43bnC$1.07bn
Operating incomeC$2.39bnC$2.28bnC$2.65bnC$3.71bnC$2.12bnC$4.0mC$1.83bnC$2.02bnC$1.21bnC$808.0m
Net incomeC$1.69bnC$1.86bnC$1.78bnC$2.97bnC$1.24bn−C$316.0mC$1.51bnC$1.28bnC$883.0mC$466.0m
Diluted earnings per share2.913.203.235.402.25-0.572.182.501.741.17

Balance sheet

At each fiscal year end

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Total assetsC$35.55bnC$35.97bnC$32.62bnC$31.48bnC$31.46bnC$31.42bnC$33.15bnC$26.66bnC$25.57bnC$15.02bn
Cash and short-term investmentsC$106.0mC$141.0mC$137.0mC$94.0mC$43.0mC$81.0mC$129.0mC$157.0mC$321.0mC$35.0m
Total liabilitiesC$18.78bnC$18.46bnC$16.80bnC$15.69bnC$17.09bnC$16.40bnC$16.38bnC$12.26bnC$11.72bnC$6.72bn
DebtC$13.31bnC$13.32bnC$11.14bnC$11.28bnC$11.96bnC$11.65bnC$10.97bnC$7.54bnC$7.56bnC$4.15bn
Shareholders' equityC$16.77bnC$17.51bnC$15.81bnC$15.73bnC$14.30bnC$14.96bnC$16.71bnC$14.34bnC$13.79bnC$8.30bn
Shares outstanding582m582m550m550m552m550m690m511m508m400m

Cash flow

Fiscal years

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Cash from operationsC$3.27bnC$3.19bnC$2.62bnC$2.91bnC$2.63bnC$2.21bnC$2.49bnC$2.22bnC$1.45bnC$1.00bn
Capital spending−C$784.0m−C$955.0m−C$606.0m−C$605.0m−C$658.0m−C$1.03bn−C$1.65bn−C$1.23bn−C$1.84bn−C$1.75bn
Free cash flowC$2.49bnC$2.23bnC$2.01bnC$2.30bnC$1.97bnC$1.18bnC$845.0mC$995.0m−C$389.0m−C$740.0m
Dividends paid−C$1.77bn−C$1.70bn−C$1.58bn−C$1.65bn−C$1.52bn−C$1.53bn−C$1.32bn−C$1.25bn−C$781.0m−C$351.0m

Latest quarters

By quarter end

Jun 2026Mar 2026Dec 2025Sept 2025Jun 2025Mar 2025Dec 2024Sept 2024
RevenueC$2.07bnC$2.07bnC$1.96bnC$1.79bnC$1.79bnC$2.28bnC$2.15bnC$1.84bn
Gross profitC$752.0mC$795.0mC$678.0mC$724.0mC$706.0mC$898.0mC$891.0mC$764.0m
Operating incomeC$636.0mC$669.0mC$721.0mC$551.0mC$684.0mC$789.0mC$907.0mC$623.0m
Net incomeC$512.0mC$498.0mC$489.0mC$286.0mC$417.0mC$502.0mC$572.0mC$383.0m
Diluted earnings per share0.880.860.840.490.720.860.980.66
Cash from operationsC$890.0mC$327.0mC$852.0mC$810.0mC$784.0mC$834.0mC$897.0mC$917.0m
Capital spending−C$218.0m−C$187.0m−C$235.0m−C$178.0m−C$197.0m−C$174.0m−C$242.0m−C$262.0m
Free cash flowC$672.0mC$140.0mC$617.0mC$632.0mC$587.0mC$660.0mC$655.0mC$655.0m
Total assetsC$36.24bnC$36.17bnC$35.55bnC$35.45bnC$35.42bnC$35.71bnC$35.97bnC$35.41bn
Cash and short-term investmentsC$153.0mC$173.0mC$106.0mC$149.0mC$210.0mC$155.0mC$141.0mC$104.0m
DebtC$13.29bnC$13.39bnC$13.31bnC$13.29bnC$13.38bnC$13.14bnC$13.32bnC$13.39bn
Shareholders' equityC$17.06bnC$16.90bnC$16.77bnC$17.00bnC$17.04bnC$17.57bnC$17.51bnC$17.02bn

Financial ratios

Data as of 21 Sept 2026

FY2025FY2024FY2023FY2022FY2021FY2020
Gross margin36.6%40.5%39.9%23.5%28.9%34.8%
Operating margin31.1%30.9%41.9%31.9%24.5%0.1%
Net margin22.1%25.2%28.1%25.6%14.4%-5.3%
Return on equity10.1%10.6%11.2%18.9%8.7%-2.1%
Return on assets4.8%5.2%5.4%9.4%3.9%-1.0%
Free cash flow yield10.5%10.7%8.8%9.6%8.9%8.8%
Revenue growth4.0%16.6%-45.5%34.6%44.9%-17.7%
Earnings growth-9.1%5.0%-40.2%139.2%-493.0%-121.0%
Current ratio0.61x0.54x0.82x0.66x0.52x0.56x
Debt to equity0.76x0.73x0.67x0.68x0.79x0.73x
Equity ratio47.2%48.7%48.5%50.0%45.5%47.6%
Interest coverage4.06x3.83x5.65x8.02x4.81x0.01x
Buybacks as a share of market value0.0%-5.8%0.0%0.4%-0.4%20.3%

Growth per year

Compound annual rate

3 years5 years10 years
Revenue-12.9%5.2%5.2%
Operating income-13.6%259.0%13.3%
Net income-17.1%—15.4%

Average margins

Over each period

1 year3 years5 years10 years
Gross margin38.5%33.5%32.8%29.9%
Operating margin31.0%33.4%27.6%25.8%
Net margin23.6%25.2%19.4%18.0%

Valuation history

At each fiscal year end

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Price to earnings18.016.614.18.517.1-52.422.116.226.236.0
Price to sales4.04.24.02.22.52.84.62.84.33.9

Dividends and splits

Per share, in the currency the company pays

Paid for 28 years. Last went ex-dividend on 15 Sept 2026.

FY2026FY2025FY2024FY2023FY2022FY2021FY2020FY2019
Paid in the year2.182.822.7382.6552.552.522.312.57

Sources and methodology

Data on this tab
Our data supplier
Chart on the Overview
TradingView

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