Pembina Pipeline revenue and financials
Secondary listing. The primary listing is Pembina Pipeline · TSX (CAD)
$46.71Change from previous close: +1.30%Absolute change: +$0.60
In the fiscal year ended December 2025, Pembina Pipeline reported revenue of $7.78B (+5.34% year over year). Net income was $1.69B, a net margin of 21.8%.
Fiscal year ending in December. Sources and method on the page Methodology and sources.
At a glance
- Revenue growth
- +5.34%
- 2025 vs 2024
- Net income growth
- −9.12%
- 2025 vs 2024
- Net margin
- 21.8%
- 2024: 25.2%
Financial data
Amounts in millions of CAD; per-share values in CAD; shares in millions.
| Item | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | 36,240 | 36,174 | 35,555 | 35,445 | 35,424 | 35,710 | 35,967 | 35,412 | 35,617 | 33,224 | 32,618 | 30,967 |
| Current assets | 1,569 | 1,711 | 1,259 | 1,336 | 1,376 | 1,408 | 1,573 | 1,487 | 1,623 | 3,048 | 2,633 | 1,292 |
| Cash and equivalents | 153 | 173 | 106 | 149 | 210 | 155 | 141 | 104 | 256 | 1,704 | 137 | 86.0 |
| Receivables | 1,102 | 1,203 | 821 | 868 | 869 | 978 | 1,083 | 1,026 | 1,030 | 1,022 | 2,054 | 843 |
| Inventory | 297 | 324 | 284 | 304 | 275 | 253 | 301 | 322 | 313 | 291 | 333 | 329 |
| Net property, plant and equipment | 23,267 | 23,111 | 23,076 | 23,153 | 23,012 | 23,257 | 23,268 | 22,884 | 22,831 | 16,398 | 16,321 | 16,014 |
| Goodwill | — | — | 4,988 | 4,999 | 4,981 | 5,025 | 5,024 | 4,977 | — | — | 4,551 | — |
| Other intangible assets | 6,327 | 6,334 | 1,357 | 1,403 | 1,417 | 1,474 | 1,504 | 1,484 | 6,498 | 6,061 | 1,514 | 6,097 |
| Long-term investments | 4,469 | 4,408 | 4,344 | 4,194 | 4,279 | 4,215 | 4,267 | 4,263 | 4,290 | 7,069 | 6,987 | 6,996 |
| Current liabilities | 2,538 | 2,054 | 2,065 | 2,499 | 1,779 | 2,213 | 2,908 | 2,300 | 2,370 | 2,951 | 3,221 | 1,914 |
| Accounts payable | 1,166 | 1,177 | 559 | 1,244 | 1,027 | 1,049 | 530 | 1,187 | 1,067 | 872 | 555 | 1,064 |
| Long-term debt | 12,013 | 12,709 | 12,088 | 11,540 | 12,140 | 11,517 | 11,131 | 11,778 | 11,706 | 10,649 | 9,849 | 9,924 |
| Total debt | 13,807 | 13,916 | 13,310 | 13,290 | 13,375 | — | — | — | — | — | — | — |
| Total liabilities | 19,177 | 19,275 | 18,784 | 18,444 | 18,385 | 18,140 | 18,457 | 18,389 | 18,237 | 17,304 | 16,805 | 15,335 |
| Total equity (incl. minority) | 17,063 | 16,899 | 16,771 | 17,001 | 17,039 | 17,570 | 17,510 | 17,023 | 17,380 | 15,920 | 15,813 | 15,632 |
| Retained earnings | -2,271 | -2,326 | -2,381 | -2,426 | -2,267 | -2,237 | -2,303 | -2,440 | -2,314 | -2,352 | -2,372 | -2,733 |
| Minority interest | — | — | 0.0 | 0.0 | 0.0 | — | — | — | 146 | — | — | 60.0 |