Pembina Pipeline (PBA) revenue breakdown
By segment, Marketing & New Ventures is the largest at 52% of fiscal 2025 revenue; Pipelines grew fastest, 15% a year over 8 years.
By product, Product sales is the largest at 52% of fiscal 2025 revenue; Take-or-pay grew fastest, 11% a year over 8 years.
Revenue by segment
Fiscal years, as Pembina Pipeline reports them in its 10-K filings; fiscal 2025 total $7.8B.
| Segments | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Share |
|---|---|---|---|---|---|---|---|---|---|---|
| Marketing & New Ventures | $3.5B | $5.2B | $4.8B | $3.0B | $5.6B | $8.5B | $3.3B | $3.8B | $4.1B | 52% |
| Pipelines | $1.1B | $1.5B | $1.6B | $2.1B | $2.1B | $2.3B | $2.5B | $3.2B | $3.3B | 43% |
| Facilities | $800M | $712M | $776M | $892M | $927M | $798M | $449M | $358M | $357M | 5% |
| Corporate | — | — | — | — | — | — | $47M | $45M | $46M | 1% |
Revenue by product
Fiscal years, as Pembina Pipeline reports them in its 10-K filings; fiscal 2025 total $7.3B.
| Products | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Share |
|---|---|---|---|---|---|---|---|---|---|---|
| Product sales | $3.7B | $5.2B | $4.8B | $3.0B | $5.6B | $8.5B | $2.9B | $3.6B | $3.8B | 52% |
| Take-or-pay | $1.2B | $1.6B | $1.8B | $2.4B | $2.4B | $2.4B | $2.1B | $2.6B | $2.8B | 38% |
| Fee-for-service | $384M | $527M | $504M | $412M | $486M | $595M | $672M | $735M | $773M | 11% |
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Where does Pembina Pipeline make its money?
In fiscal 2025, by segment: Marketing & New Ventures $4.1B, Pipelines $3.3B, Facilities $357M, Corporate $46M.
From Pembina Pipeline's annual reports filed with the SEC (XBRL data), standardised by Investingly. Information only, not investment advice.