# Pembina Pipeline Corp. Ordinary Shares (Canada) (PBA) fundamentals

Data as of 2026-09-08. NYSE, United States. Sector: Energy / Oil, Gas & Consumable Fuels. Price $48.41, market value $28.2 billion.

## Valuation
- **P/E (trailing): 23.6×** (5-yr avg 10.8×, 3-yr avg 12.0×). Pembina Pipeline Corp. Ordinary Shares (Canada) trades at 23.6× trailing earnings, well above its own five-year average of 10.8×: investors are paying up relative to the company's past. The Energy median in the September 2026 study was 16.8×. Forward P/E is 21.3×, lower than trailing, so analysts expect earnings to grow.
- **Price / sales: 4.9×**. Each dollar of revenue is priced at 4.9×.
- **Price / book: 2.5×**. The shares trade at 2.5× book value; book value is a meaningful part of the valuation.
- **EV / EBITDA: 12.8×**. Enterprise value is 12.8× operating earnings before depreciation, the multiple that ignores how the company is financed.
- **Free-cash-flow yield: 5.4%**. Free cash flow equals 5.4% of the market value. Above 5% is generally attractive.
- **Earnings yield: 4.2%**. The inverse of the P/E: 4.2% of the price is earned each year.

## Profitability
- **Gross margin: 42.0%**. Pembina Pipeline Corp. Ordinary Shares (Canada) keeps 42.0% of revenue after the direct cost of what it sells.
- **Operating margin: 35.4%**. 35.4% of revenue is left after running the business, an exceptional level.
- **Net margin: 21.8%**. 21.8% of each dollar of sales reaches the bottom line.
- **Return on equity: 10.1%**. 10.1% on shareholders' equity is solid.
- **Return on invested capital: 7.8%**. Return on all capital, debt included, is 7.8%.
- **Return on assets: 5.0%**. Each dollar of assets produces 5.0% of profit.

## Growth
- **Revenue growth (1 yr): 5.3%** (3-yr -12.5%/yr, 5-yr 5.5%/yr). Revenue grew 5.3% over the last year, against 5.5% a year compounded over five years.
- **EPS growth (1 yr): -11.3%** (3-yr -19.6%/yr). Earnings per share fell 11.3%, slower than revenue, so margins compressed.

## Financial health
- **Debt to equity: 0.66**. Debt is 0.66 times equity, moderate leverage.
- **Net debt / EBITDA: 2.8×**. It would take 2.8 years of operating earnings to repay net borrowings, within the comfortable range.
- **Interest coverage: 4.5×**. Operating profit covers interest 4.5× over, a safe margin.
- **Altman Z-score: 2.04**. A Z-score of 2.04 is in the grey zone; not distressed, not clearly safe.
- **Piotroski F-score: 4/9**. 4 of 9 checks pass: mixed.

## Dividends
- **Dividend yield: 4.33%** ($2.09 per share, trailing). Pembina Pipeline Corp. Ordinary Shares (Canada) yields 4.33%, an income-level yield.
- **Dividend growth (5 yr): -0.9%/yr** (1-yr -2.7%). The dividend has not grown over five years.

## Price and momentum
- **Total return (1 yr): 31.0%** (YTD 30.1%, 3-mo 0.2%). The shares are up 31.0% over twelve months including dividends.
- **From 52-week high: -6.1%** (33.7% above the low). Trading 6% below its 52-week high.
- **200-day average: above**. The price sits above its 200-day moving average, the usual definition of an uptrend.
- **RSI (14-day): 48**. An RSI of 48 is neutral.
- **Beta (1 yr): -0.17** (volatility 20%). Beta of -0.17 against the S&P 500: the shares move much less than the market.

Live score and charts: https://foliofundamentals.com/analyzer?s=PBA · Page: https://foliofundamentals.com/stocks/pba

Not investment advice.