Pembina Pipeline annual operating margin
2018
2019
2020
2021
2022
2023
2024
2025
Pembina Pipeline Operating Margin Growth & History (PBA)
Pembina Pipeline's operating margin was 36.11% for fiscal 2025.
View full Pembina Pipeline company overviewPembina Pipeline annual operating margin history
| Fiscal year | Period ended | Operating margin | Change (percentage points) |
|---|---|---|---|
| 2025 | 2025-12-31 | 36.11% | +5.22 pp |
| 2024 | 2024-12-31 | 30.89% | −11.05 pp |
| 2023 | 2023-12-31 | 41.94% | +10.03 pp |
| 2022 | 2022-12-31 | 31.91% | +7.39 pp |
| 2021 | 2021-12-31 | 24.52% | +24.45 pp |
| 2020 | 2020-12-31 | 0.07% | −28.67 pp |
| 2019 | 2019-12-31 | 28.74% | +1.24 pp |
| 2018 | 2018-12-31 | 27.49% | — |
Pembina Pipeline quarterly operating margin
Q2.25
Q3.25
Q4.25
Q1.26
Q2.26
| Fiscal quarter | Period ended | Operating margin | Change (percentage points) |
|---|---|---|---|
| Q2 2026 | 2026-06-30 | 37.45% | −0.72 pp |
| Q1 2026 | 2026-03-31 | 37.32% | — |
| Q4 2025 | 2025-12-31 | 35.13% | — |
| Q3 2025 | 2025-09-30 | 30.76% | — |
| Q2 2025 | 2025-06-30 | 38.17% | — |
Pembina Pipeline operating margin trends
Over the last five fiscal years, Pembina Pipeline's operating margin increased from 0.07% to 36.11%, a change of +36.05 percentage points. The latest reported quarter, Q2 2026, shows 37.45%.
About the metric
What operating margin means
Operating margin measures the percentage of revenue left after operating costs and expenses. It shows how much operating profit a company generates from each dollar of revenue.
Calculation and source
How operating margin is calculated
TickerStat calculates operating margin as SEC-reported operating income divided by SEC-reported revenue for the same fiscal period. Changes are shown in percentage points. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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