PBA (Pembina Pipeline) FCF Margin %: 7.03% (As of Mar. 2026) — 65% Below Median


PBA Pembina Pipeline Corp PBA
69 GF Score
Price $47.11
GF Value $38.77
Valuation Modestly Overvalued
! 9 Warning Signs
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What is Pembina Pipeline FCF Margin %?

Pembina Pipeline PBA +1.33% 69 FCF Margin % is 7.03% as of Mar. 2026, which is 65% below its 10-year median of 20.28. GuruFocus rates PBA with a GF Score™ of 69/100 and a GF Value™ of $38.77 (Modestly Overvalued). The stock has 9 warning signs investors should review. Among 906 Oil & Gas companies, Pembina Pipeline ranks better than 88.41% on this metric.

FCF Margin % is calculated as Free Cash Flow divided by its Revenue. Pembina Pipeline's Free Cash Flow for the three months ended in Mar. 2026 was $108 Mil. Pembina Pipeline's Revenue for the three months ended in Mar. 2026 was $1,535 Mil. Therefore, Pembina Pipeline's FCF Margin % for the quarter that ended in Mar. 2026 was 7.03%.

As of today, Pembina Pipeline's current FCF Yield % is 5.30%.

The historical rank and industry rank for Pembina Pipeline's FCF Margin % or its related term are showing as below:

PBA' s FCF Margin % Range Over the Past 10 Years
Min: -15.66   Med: 20.28   Max: 32.36
Current: 26.28


During the past 13 years, the highest FCF Margin % of Pembina Pipeline was 32.36%. The lowest was -15.66%. And the median was 20.28%.

PBA's FCF Margin % is ranked better than
88.41% of 906 companies
in the Oil & Gas industry
Industry Median: 3.285 vs PBA: 26.28


Pembina Pipeline FCF Margin % Related Terms


Pembina Pipeline FCF Margin % Historical Data

* Premium members only.

The historical data trend for Pembina Pipeline's FCF Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Pembina Pipeline FCF Margin % Chart

Pembina Pipeline Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
FCF Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 23.09 20.02 32.05 30.59 32.36

Pembina Pipeline Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
FCF Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 29.18 33.09 35.29 32.72 7.03

PBA vs WMB, EPD, KMI: FCF Margin % Comparison

For the Oil & Gas Midstream subindustry, Pembina Pipeline's FCF Margin %, along with its competitors' market caps and FCF Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Pembina Pipeline FCF Margin % vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Pembina Pipeline's FCF Margin % distribution charts can be found below:

* The bar in red indicates where Pembina Pipeline's FCF Margin % falls into.


PBA
69GF Score
Pembina Pipeline Corp PBA
FCF Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Pembina Pipeline FCF Margin % Calculation

FCF margin is the ratio of Free Cash Flow divided by net sales or Revenue, usually presented in percent.

Pembina Pipeline's FCF Margin for the fiscal year that ended in Dec. 2025 is calculated as

FCF Margin=Free Cash Flow (A: Dec. 2025 )/Revenue (A: Dec. 2025 )
=1824.574/5638.275
=32.36 %

Pembina Pipeline's FCF Margin for the quarter that ended in Mar. 2026 is calculated as

FCF Margin=Free Cash Flow (Q: Mar. 2026 )/Revenue (Q: Mar. 2026 )
=107.872/1534.985
=7.03 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about FCF Margin % →
What does a FCF Margin % of 7.03% mean?
Pembina Pipeline (PBA) has a FCF Margin % of 7.03% as of Mar. 2026. Free cash flow margin is the ratio of total free cash flow to net sales. View historical data on Pembina Pipeline and its competitors. This is 65% below median its historical median of 20.28. According to the industry distribution chart, Pembina Pipeline ranks #105 out of 906 companies in the Oil & Gas industry, placing it in the top 11.6%.
Is Pembina Pipeline's FCF Margin % too high?
Pembina Pipeline's current FCF Margin % of 7.03% is 65% below median its 10-year median of 20.28. The Oil & Gas industry median FCF Margin % is 3.29. Pembina Pipeline's value of 7.03% is 114% above this industry median. Based on the distribution chart, Pembina Pipeline ranks #105 out of 906 companies in the Oil & Gas industry, which is in the top quartile — a strong position relative to peers. Overall, Pembina Pipeline has a GF Score™ of 69/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Pembina Pipeline's FCF Margin % compare to WMB and EPD?
According to the Oil & Gas industry distribution chart, Pembina Pipeline ranks #105 out of 906 companies for FCF Margin %. This places Pembina Pipeline in the top 12% of its industry — outperforming the majority of peers. The industry median FCF Margin % is 3.29. Pembina Pipeline's value of 7.03% is 114% above this benchmark. While the company's 10-year median is 20.28 vs. the industry median of 3.29, Pembina Pipeline has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good FCF Margin % for an Oil & Gas company?
The median FCF Margin % among Oil & Gas companies is 3.29, based on 906 companies in the industry. Companies in the top quartile (top 25%) have a FCF Margin % significantly above this median, while those in the bottom quartile fall well below. However, FCF Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Pembina Pipeline's current FCF Margin % of 7.03% is 114% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high FCF Margin % mean?
A high FCF Margin % can signal that a stock is expensive relative to its fundamentals. Free cash flow margin is the ratio of total free cash flow to net sales. View historical data on Pembina Pipeline and its competitors. For the Oil & Gas industry, the median FCF Margin % is 3.29 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Pembina Pipeline's current FCF Margin % is 7.03%, which is 65% below median its own 10-year median of 20.28. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Pembina Pipeline stock overvalued right now?
Based on GuruFocus' analysis, Pembina Pipeline (PBA) is currently considered Modestly Overvalued. The stock's GF Value™ is $38.77, compared to a current price of $47.11 — trading 21.5% above its estimated fair value. The current FCF Margin % is 7.03%, which is 65% below median its 10-year median of 20.28 and 114% above the Oil & Gas industry median of 3.29. Pembina Pipeline's overall GF Score™ is 69/100 with 9 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is FCF Margin % calculated?
FCF Margin % is calculated from a company's financial statements. For Pembina Pipeline (PBA), the current FCF Margin % is 7.03% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Pembina Pipeline (PBA) Overvalued in 2026?

Based on GuruFocus' analysis, Pembina Pipeline stock appears to be overvalued. The current stock price of $47.11 is trading 21.5% above its estimated GF Value™ of $38.77. GuruFocus considers Pembina Pipeline to be Modestly Overvalued.

Key valuation signals for PBA:

  • FCF Margin %: 7.03% (65% below median its 10-year median of 20.28)
  • GF Value™: $38.77 vs. price of $47.11 (21.5% above fair value)
  • GF Score™: 69/100 with 9 warning signs
  • Industry Position: 114% above the Oil & Gas median (#105 of 906)

No single metric tells the full story. See the PBA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Pembina Pipeline Business Description

Industry EnergyOil & Gas
Address 585 - 8th Avenue SW, Suite 4000, Calgary, AB, CAN, T2P 1G1
Pembina Pipeline is a midstream company serving the Canadian and North American (primarily Bakken) markets with an integrated product portfolio. Its operations include transmission pipelines, oil and gas gathering, fractionation, storage, and natural gas liquid exports. It also has a joint venture through the Cedar LNG export terminal.
69GF Score

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FCF Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$47.11
Price
$38.77
GF Value