Pembina Pipeline Corporation
EnergyNYSE:PBA · New York Stock Exchange
-$0.17 today
Vol 0.56M · Avg 1.32M
Income Statement
Follow revenue through to earnings
Review sales, margins, expenses, and profit trends to see what is actually driving reported earnings over time.
Earnings Waterfall
Revenue to Net Income
Key Ratios
Analysis
$7.6B of revenue converted into $1.7B of net income for the selected period. Gross margin is 40.5% and net margin is 22.2%, showing how much revenue survives after costs and taxes. EPS is $2.66, tying the income statement back to per-share earnings.
Income Statement
Annual data · 5 periods
| Metric | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $7.8B +5.3% | $7.4B +16.6% | $6.3B -45.5% | $11.6B +34.6% | $8.6B | $809.6M | $921.6M | $731.2M |
| Cost of Revenue | $4.8B +17.8% | $4.1B +16.5% | $3.5B -58.9% | $8.5B +41.9% | $6.0B | $725.6M | $804.0M | $882.4M |
| Gross Profit | $3.0B -10.0% | $3.3B +16.8% | $2.8B -9.1% | $3.1B +18.0% | $2.6B | $8.9B | $7.6B | $6.2B |
| Gross Margin | 38.4% -6.5pp | 44.9% +0.0pp | 44.9% +18.0pp | 26.9% -3.8pp | 30.7% | 9.8% | 28.9% | 38.3% |
| Research & Development | $0 | $0 | $0 | $0 | $0 | $983.2M | $1.3B | $490.4M |
| Selling, General & Admin | $477.0M +7.4% | $444.0M +5.2% | $422.0M +5.8% | $399.0M +30.4% | $306.0M | $620.6M | $923.0M | -$1.5B |
| Operating Expenses | $175.0M -83.1% | $1.0B +459.5% | $185.0M +131.8% | -$582.0M -209.4% | $532.0M | $5.3B | $7.0B | $8.7B |
| Depreciation & Amortization | $987.0M +14.5% | $862.0M +30.0% | $663.0M -2.9% | $683.0M -5.5% | $723.0M | $374.2M | $1.2B | $631.8M |
| EBITDA | $3.8B +19.0% | $3.2B -4.4% | $3.3B -23.9% | $4.4B +54.3% | $2.8B | -$15.2B | $6.8B | $9.3B |
| EBITDA Margin | 48.6% +5.6pp | 43.0% -9.4pp | 52.5% +14.9pp | 37.6% +4.8pp | 32.8% | 5.6% | 46.3% | 42.0% |
| Operating Income | $2.8B +23.1% | $2.3B -14.1% | $2.7B -28.3% | $3.7B +75.2% | $2.1B | $12.3B | $14.0B | -$15.7B |
| Operating Margin | 36.1% +5.2pp | 30.9% -11.0pp | 41.9% +10.0pp | 31.9% +7.4pp | 24.5% | 16.6% | 24.1% | 22.0% |
| Interest Income | $11.0M -76.1% | $46.0M +557.1% | $7.0M | $0 | $0 | -$1.5B | -$1.6B | $405.0M |
| Interest Expense | $586.5M -1.4% | $595.0M +26.6% | $470.0M +1.7% | $462.0M +5.0% | $440.0M | $1.1B | $1.0B | $1.2B |
| Other Income / Expenses | -$602.0M -7.3% | -$561.0M -20.4% | -$466.0M +4.1% | -$486.0M -8.0% | -$450.0M | -$1.5B | $1.4B | $1.2B |
| Income Before Tax | $2.2B +28.3% | $1.7B -21.4% | $2.2B -32.0% | $3.2B +93.3% | $1.7B | $3.3B | $4.9B | $3.6B |
| Pre-Tax Margin | 28.4% +5.1pp | 23.3% -11.3pp | 34.6% +6.9pp | 27.7% +8.4pp | 19.3% | 20.8% | 18.7% | 26.2% |
| Income Tax Expense | $513.0M +433.1% | -$154.0M -137.3% | $413.0M +66.5% | $248.0M -41.4% | $423.0M | $1.3B | -$1.6B | $745.2M |
| Net Income | $1.7B -9.1% | $1.9B +5.0% | $1.8B -40.2% | $3.0B +139.2% | $1.2B | $4.9B | $4.8B | $4.7B |
| Net Margin | 21.8% -3.5pp | 25.2% -2.8pp | 28.1% +2.5pp | 25.6% +11.2pp | 14.4% | 12.4% | 17.5% | 22.5% |
| EPS (Basic) | $3 -11.3% | $3 +0.0% | $3 -41.6% | $5 +157.0% | $2 | $400.8M | $703.2M | $1.3B |
| EPS (Diluted) | $3 -11.3% | $3 +0.3% | $3 -41.7% | $5 +157.8% | $2 | $766.2M | $609.4M | $452.6M |
| Weighted Avg Shares | $636.8M +11.1% | $573.0M +4.2% | $550.0M -0.5% | $553.0M +0.5% | $550.0M | $757.8M | $925.8M | $1.1B |
| Weighted Avg Shares (Diluted) | $582.0M +1.4% | $574.0M +4.2% | $551.0M -0.5% | $554.0M +0.5% | $551.0M | $1.2B | $924.4M | $678.0M |
Older periods hidden.
Sign in to unlockCompetitors
Peer companies in the same sector
Ecopetrol S.A.
NYSE:EC
$33.86B
Tenaris S.A.
NYSE:TS
$33.85B
Halliburton Company
NYSE:HAL
$33.08B
Venture Global, Inc.
NYSE:VG
$32.23B
Cheniere Energy Partners, L.P.
NYSE:CQP
$30.38B
Devon Energy Corporation
NYSE:DVN
$28.20B
TechnipFMC plc
NYSE:FTI
$28.01B
Texas Pacific Land Corporation
NYSE:TPL
$26.55B
Coterra Energy Inc.
CTRA
$24.72B
Expand Energy Corporation
EXEEL
$23.56B
SEC Filings
Recent regulatory filings
No filings found.
How much revenue does PBA generate?
Pembina Pipeline Corporation (PBA) reported $7.78B of revenue in fiscal 2025.
Is PBA profitable?
Pembina Pipeline Corporation (PBA) reported $1.69B of net income, with a net margin of 21.8%.
Explore More
Continue the stock analysis
Jump to another research area for this company.