Pembina Pipeline Corporation (PBA) Earnings History
Annual and quarterly earnings data from 1998 to 2025
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PBA EPS Growth (CAGR)
Compound annual growth rate of diluted earnings per share
CAGR (Compound Annual Growth Rate) shows the annualized growth rate of EPS over the specified period. A higher CAGR indicates stronger earnings momentum.
PBA Profitability Analysis
Margin trends over time
| Year | Gross Margin | Operating Margin | Net Margin |
|---|---|---|---|
| 2025 | 38.4% | 36.1% | 21.8% |
| 2024 | 44.9% | 30.9% | 25.2% |
| 2023 | 44.9% | 41.9% | 28.1% |
| 2022 | 26.9% | 31.9% | 25.6% |
| 2021 | 30.7% | 24.5% | 14.4% |
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Pembina Pipeline Corporation (PBA) Earnings Overview
As of May 8, 2026, Pembina Pipeline Corporation (PBA) reported trailing twelve-month net income of $1.69B, reflecting -11.3% year-over-year growth. The company earned $2.91 per diluted share over the past four quarters, with a net profit margin of 21.8%.
Looking at the long-term picture, PBA's historical earnings data spans multiple years. The company achieved its highest annual net income of $2.97B in fiscal 2022.
Pembina Pipeline Corporation maintains industry-leading profitability with a gross margin of 38.4%, operating margin of 36.1%, and net margin of 21.8%. This margin structure demonstrates strong pricing power and operational efficiency. View revenue history →
Compared to peers including ENB ($11.80B net income, 18.1% margin), TRP ($3.52B net income, 23.2% margin), PPL ($1.18B net income, 13.1% margin), PBA has outperformed on profitability metrics. Compare PBA vs ENB →
PBA Earnings vs Peers
Earnings metrics vs comparable public companies
PBA Historical Earnings Data (1998–2025)
28 years| Fiscal Year | Net Income | YoY % | Operating Income | EPS (Diluted) | Net Margin | Op. Margin |
|---|---|---|---|---|---|---|
| 2025 | $1.69B | -9.1% | $2.81B | $2.66 | 21.8% | 36.1% |
| 2024 | $1.86B | +5.0% | $2.28B | $3.00 | 25.2% | 30.9% |
| 2023 | $1.78B | -40.2% | $2.65B | $2.99 | 28.1% | 41.9% |
| 2022 | $2.97B | +139.2% | $3.71B | $5.13 | 25.6% | 31.9% |
| 2021 | $1.24B | +493.0% | $2.12B | $1.99 | 14.4% | 24.5% |
| 2020 | -$316M | -121.2% | $4M | $-0.57 | -5.3% | 0.1% |
| 2019 | $1.49B | +16.7% | $1.82B | $2.68 | 20.6% | 25.2% |
| 2018 | $1.28B | +43.4% | $2.02B | $2.51 | 17.4% | 27.5% |
| 2017 | $891M | +91.2% | $1.22B | $1.86 | 16.5% | 22.5% |
| 2016 | $466M | +14.8% | $807M | $1.01 | 10.9% | 18.9% |
Full PBA Stock Analysis
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Start ComparisonPBA — Frequently Asked Questions
Quick answers to the most common questions about buying PBA stock.
Is PBA growing earnings?
PBA EPS fell to $2.91, with earnings declining -11.3%. This contrasts with the 5-year CAGR of N/A. TTM net income dropped to $1.7B.
What are PBA's profit margins?
Pembina Pipeline Corporation net margin is +21.8%, with operating margin at +36.1%. Above-average margins indicate pricing power.
How consistent are PBA's earnings?
PBA earnings data spans 1998-2025. The declining earnings trend is -11.3% YoY. Historical data enables comparison across business cycles.