Pembina Pipeline revenue and financials
$66.37Change from previous close: +0.84%Absolute change: +$0.55
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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | 897 | 335 | 861 | 810 | 790 | 840 | 902 | 922 | 954 | 436 | 880 | 644 |
| Depreciation and amortization | 253 | 237 | 263 | 247 | 263 | 239 | 240 | 236 | 245 | 161 | 182 | 168 |
| Capital expenditure | -225 | -195 | -244 | -185 | -203 | -180 | -247 | -267 | -275 | -192 | -182 | -173 |
| Investing cash flow | -339 | -420 | -273 | -294 | -341 | -182 | -303 | -321 | -2,913 | -376 | -343 | -166 |
| Financing cash flow | -581 | 152 | -629 | -583 | -386 | -645 | -568 | -751 | 493 | 1,504 | -484 | -450 |
| Dividends paid | -457 | -443 | -444 | -445 | -447 | -436 | -435 | -435 | -433 | -398 | -397 | -397 |
| Share repurchases | 0.0 | 0.0 | -225 | 0.0 | -200 | — | — | — | — | — | — | — |
| Debt issued | 0.0 | 615 | 556 | — | 281 | 385 | — | 77.0 | 946 | 1,789 | -69.0 | — |
| Debt repaid | -124 | -21.0 | -516 | -141 | -20.0 | -571 | -134 | -171 | -20.0 | -1,115 | -18.0 | -53.0 |
| Effect of exchange rates | 3.0 | 0.0 | -2.0 | 6.0 | -8.0 | 1.0 | 6.0 | -2.0 | 4.0 | 3.0 | -1.0 | 1.0 |
| Net change in cash | -20.0 | 67.0 | -43.0 | -61.0 | 55.0 | 14.0 | 37.0 | -152 | -1,462 | 1,567 | 52.0 | 29.0 |
| Free cash flow | 672 | 140 | 617 | 625 | 587 | 660 | 655 | 655 | 679 | 244 | 698 | 471 |
| Levered free cash flow | 440 | 46.6 | 372 | 593 | 388 | 506 | 356 | 385 | -835 | 1,192 | 413 | 287 |