Pembina PipelinePBA +1.33%69 Net Margin % is 23.65% as of Mar. 2026, which is 21% above its 10-year median of 19.59. 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 916 Oil & Gas companies, Pembina Pipeline ranks better than 84.28% on this metric.
The historical rank and industry rank for Pembina Pipeline's Net Margin % or its related term are showing as below:
PBA'
s Net Margin % Range Over the Past 10 Years
Min: -5.31 Med: 19.59 Max: 28.05
Current: 22.23
PBA's Net Margin % is ranked better than 84.28% of 916
companies
in the Oil & Gas industry
Industry Median: 3.435
vs PBA: 22.23
Pembina Pipeline (NYSE:PBA) Net Margin % Explanation
Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.
But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.
Pembina Pipeline Net Margin % Related Terms
Pembina Pipeline Net Margin % Historical Data
* Premium members only.
The historical data trend for Pembina Pipeline's Net 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.
For the Oil & Gas Midstream subindustry, Pembina Pipeline's Net Margin %, along with its competitors' market caps and Net 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 Net Margin % vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Pembina Pipeline's Net Margin % distribution charts can be found below:
* The bar in red indicates where Pembina Pipeline's Net Margin % falls into.
* 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 (PBA) has a Net Margin % of 23.65% as of Mar. 2026. Net margin is the ratio of total net income to net sales. View historical data on Pembina Pipeline and its competitors. This is 21% above median its historical median of 19.59. According to the industry distribution chart, Pembina Pipeline ranks #144 out of 916 companies in the Oil & Gas industry, placing it in the top 15.7%.
Is Pembina Pipeline's Net Margin % too high?
Pembina Pipeline's current Net Margin % of 23.65% is 21% above median its 10-year median of 19.59. The Oil & Gas industry median Net Margin % is 3.44. Pembina Pipeline's value of 23.65% is 588.5% above this industry median. Based on the distribution chart, Pembina Pipeline ranks #144 out of 916 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 Net Margin % compare to WMB and EPD?
According to the Oil & Gas industry distribution chart, Pembina Pipeline ranks #144 out of 916 companies for Net Margin %. This places Pembina Pipeline in the top 16% of its industry — outperforming the majority of peers. The industry median Net Margin % is 3.44. Pembina Pipeline's value of 23.65% is 588.5% above this benchmark. While the company's 10-year median is 19.59 vs. the industry median of 3.44, 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 Net Margin % for an Oil & Gas company?
The median Net Margin % among Oil & Gas companies is 3.44, based on 916 companies in the industry. Companies in the top quartile (top 25%) have a Net Margin % significantly above this median, while those in the bottom quartile fall well below. However, Net Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Pembina Pipeline's current Net Margin % of 23.65% is 588.5% 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 Net Margin % mean?
A high Net Margin % can signal that a stock is expensive relative to its fundamentals. Net margin is the ratio of total net income to net sales. View historical data on Pembina Pipeline and its competitors. For the Oil & Gas industry, the median Net Margin % is 3.44 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Pembina Pipeline's current Net Margin % is 23.65%, which is 21% above median its own 10-year median of 19.59. 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 Net Margin % is 23.65%, which is 21% above median its 10-year median of 19.59 and 588.5% above the Oil & Gas industry median of 3.44. 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 Net Margin % calculated?
Net Margin % is calculated from a company's financial statements. For Pembina Pipeline (PBA), the current Net Margin % is 23.65% 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:
Net Margin %: 23.65% (21% above median its 10-year median of 19.59)
GF Value™: $38.77 vs. price of $47.11 (21.5% above fair value)
Industry Position: 588.5% above the Oil & Gas median (#144 of 916)
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 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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