Pembina Pipeline (PBA) Ratios
Pembina Pipeline Ratios
PBA's free cash flow for Q2 2026 was $672.00M. For the 2026 fiscal year, PBA's free cash flow was decreased by $-218.00M and operating cash flow was $890.00M. See a summary of the company’s cash flow.
| Ratios | Dec 25 | Dec 24 | Dec 23 | Dec 22 | Dec 21 |
|---|---|---|---|---|---|
| Liquidity Ratios | |||||
| Current Ratio | 0.61 | 0.54 | 0.82 | 0.66 | 0.52 |
| Quick Ratio | 0.47 | 0.44 | 0.71 | 0.53 | 0.36 |
| Cash Ratio | 0.05 | 0.05 | 0.04 | 0.05 | 0.02 |
| Solvency Ratio | 0.14 | 0.14 | 0.14 | 0.23 | 0.11 |
| Operating Cash Flow Ratio | 1.58 | 1.10 | 0.81 | 1.41 | 1.10 |
| Short-Term Operating Cash Flow Coverage | 4.79 | 2.09 | 4.03 | 4.85 | 2.63 |
| Net Current Asset Value | $ -17.52B | $ -16.88B | $ -14.17B | $ -14.32B | $ -15.85B |
| Leverage Ratios | |||||
| Debt-to-Assets Ratio | 0.39 | 0.37 | 0.34 | 0.36 | 0.38 |
| Debt-to-Equity Ratio | 0.83 | 0.76 | 0.70 | 0.72 | 0.84 |
| Debt-to-Capital Ratio | 0.45 | 0.43 | 0.41 | 0.42 | 0.46 |
| Long-Term Debt-to-Capital Ratio | 0.43 | 0.39 | 0.38 | 0.39 | 0.42 |
| Financial Leverage Ratio | 2.12 | 2.05 | 2.06 | 2.00 | 2.20 |
| Debt Service Coverage Ratio | 2.59 | 1.66 | 2.05 | 2.45 | 1.52 |
| Interest Coverage Ratio | 4.06 | 3.83 | 5.65 | 8.02 | 4.81 |
| Debt to Market Cap | 0.44 | 0.42 | 0.42 | 0.42 | 0.53 |
| Interest Debt Per Share | 24.85 | 24.29 | 21.11 | 21.22 | 22.55 |
| Net Debt to EBITDA | 3.61 | 3.91 | 4.06 | 3.92 | 4.57 |
| Profitability Margins | |||||
| Gross Profit Margin | 36.55% | 40.47% | 39.87% | 23.55% | 28.90% |
| EBIT Margin | 36.37% | 34.79% | 33.30% | 19.24% | 22.70% |
| EBITDA Margin | 49.54% | 45.69% | 42.84% | 24.55% | 30.21% |
| Operating Profit Margin | 31.06% | 30.89% | 41.94% | 31.91% | 24.52% |
| Pretax Profit Margin | 28.73% | 23.29% | 34.58% | 27.72% | 19.30% |
| Net Profit Margin | 22.05% | 25.24% | 28.05% | 25.59% | 14.40% |
| Continuous Operations Profit Margin | 22.05% | 25.38% | 28.05% | 25.59% | 14.40% |
| Net Income Per EBT | 76.76% | 108.37% | 81.13% | 92.30% | 74.59% |
| EBT Per EBIT | 92.50% | 75.41% | 82.45% | 86.88% | 78.72% |
| Return on Assets (ROA) | 4.76% | 5.18% | 5.44% | 9.44% | 3.95% |
| Return on Equity (ROE) | 10.10% | 10.65% | 11.23% | 18.89% | 8.68% |
| Return on Capital Employed (ROCE) | 7.12% | 6.90% | 9.03% | 12.59% | 7.28% |
| Return on Invested Capital (ROIC) | 5.36% | 6.58% | 7.15% | 11.36% | 5.23% |
| Return on Tangible Assets | 5.80% | 6.33% | 6.69% | 11.72% | 4.93% |
| Earnings Yield | 5.58% | 6.13% | 7.08% | 11.69% | 5.89% |
| Efficiency Ratios | |||||
| Receivables Turnover | 9.36 | 6.82 | 7.68 | 16.68 | 11.06 |
| Payables Turnover | 8.72 | 8.29 | 6.86 | 15.55 | 9.81 |
| Inventory Turnover | 17.16 | 14.60 | 11.43 | 33.00 | 16.31 |
| Fixed Asset Turnover | 0.33 | 0.32 | 0.39 | 0.72 | 0.46 |
| Asset Turnover | 0.22 | 0.21 | 0.19 | 0.37 | 0.27 |
| Working Capital Turnover Ratio | -7.18 | -7.68 | -9.86 | -12.61 | -8.91 |
| Cash Conversion Cycle | 18.41 | 34.52 | 26.22 | 9.46 | 18.18 |
| Days of Sales Outstanding | 39.01 | 53.53 | 47.51 | 21.88 | 33.00 |
| Days of Inventory Outstanding | 21.27 | 24.99 | 31.93 | 11.06 | 22.37 |
| Days of Payables Outstanding | 41.86 | 44.01 | 53.21 | 23.48 | 37.19 |
| Operating Cycle | 60.28 | 78.53 | 79.43 | 32.94 | 55.37 |
| Cash Flow Ratios | |||||
| Operating Cash Flow Per Share | 5.63 | 5.56 | 4.76 | 5.26 | 4.77 |
| Free Cash Flow Per Share | 4.28 | 3.90 | 3.66 | 4.16 | 3.58 |
| Dividend Paid and CapEx Coverage Ratio | 1.28 | 1.20 | 1.20 | 1.29 | 1.20 |
| Capital Expenditure Coverage Ratio | 4.17 | 3.34 | 4.32 | 4.81 | 3.99 |
| Operating Cash Flow Coverage Ratio | 0.24 | 0.24 | 0.24 | 0.26 | 0.22 |
| Operating Cash Flow to Sales Ratio | 0.43 | 0.43 | 0.41 | 0.25 | 0.30 |
| Free Cash Flow Yield | 8.19% | 7.34% | 8.03% | 9.06% | 9.32% |
| Valuation Ratios | |||||
| Price-to-Earnings (P/E) Ratio | 19.58 | 17.70 | 14.13 | 8.55 | 16.99 |
| Price-to-Sales (P/S) Ratio | 3.95 | 4.12 | 3.96 | 2.19 | 2.45 |
| Price-to-Book (P/B) Ratio | 1.81 | 1.74 | 1.59 | 1.62 | 1.48 |
| Price-to-Free Cash Flow (P/FCF) Ratio | 12.21 | 13.63 | 12.46 | 11.04 | 10.73 |
| Price-to-Operating Cash Flow Ratio | 9.28 | 9.55 | 9.58 | 8.74 | 8.04 |
| Price-to-Earnings Growth (PEG) Ratio | -1.78 | 0.00 | -0.34 | 0.05 | -0.04 |
| Enterprise Value Multiple | 11.59 | 12.93 | 13.31 | 12.84 | 12.67 |
| Enterprise Value | 44.12B | 43.61B | 36.10B | 36.60B | 33.02B |
| EV to EBITDA | 11.59 | 12.93 | 13.31 | 12.84 | 12.67 |
| EV to Sales | 5.74 | 5.91 | 5.70 | 3.15 | 3.83 |
| EV to Free Cash Flow | 17.73 | 19.53 | 17.92 | 15.89 | 16.79 |
| EV to Operating Cash Flow | 13.48 | 13.68 | 13.78 | 12.58 | 12.58 |
| Tangible Book Value Per Share | 17.94 | 19.17 | 17.72 | 17.46 | 14.77 |
| Shareholders’ Equity Per Share | 28.87 | 30.56 | 28.75 | 28.44 | 26.01 |
| Tax and Other Ratios | |||||
| Effective Tax Rate | 0.23 | -0.09 | 0.19 | 0.08 | 0.25 |
| Revenue Per Share | 13.22 | 12.89 | 11.51 | 21.00 | 15.69 |
| Net Income Per Share | 2.92 | 3.25 | 3.23 | 5.37 | 2.26 |
| Tax Burden | 0.77 | 1.08 | 0.81 | 0.92 | 0.75 |
| Interest Burden | 0.79 | 0.67 | 1.04 | 1.44 | 0.85 |
| Research & Development to Revenue | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| SG&A to Revenue | 0.05 | 0.05 | 0.02 | 0.01 | 0.04 |
| Stock-Based Compensation to Revenue | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Income Quality | 1.93 | 1.71 | 1.48 | 0.98 | 2.11 |
Currency in CAD