
Pembina Pipeline Corp
TSX:PPL

Income Statement
Earnings Waterfall
Pembina Pipeline Corp
Revenue
|
7.4B
CAD
|
Cost of Revenue
|
-4.1B
CAD
|
Gross Profit
|
3.3B
CAD
|
Operating Expenses
|
-419m
CAD
|
Operating Income
|
2.9B
CAD
|
Other Expenses
|
-1.2B
CAD
|
Net Income
|
1.7B
CAD
|
Income Statement
Pembina Pipeline Corp
Dec-2014 | Mar-2015 | Jun-2015 | Sep-2015 | Dec-2015 | Mar-2016 | Jun-2016 | Sep-2016 | Dec-2016 | Mar-2017 | Jun-2017 | Sep-2017 | Dec-2017 | Mar-2018 | Jun-2018 | Sep-2018 | Dec-2018 | Mar-2019 | Jun-2019 | Sep-2019 | Dec-2019 | Mar-2020 | Jun-2020 | Sep-2020 | Dec-2020 | Mar-2021 | Jun-2021 | Sep-2021 | Dec-2021 | Mar-2022 | Jun-2022 | Sep-2022 | Dec-2022 | Mar-2023 | Jun-2023 | Sep-2023 | Dec-2023 | Mar-2024 | Jun-2024 | Sep-2024 | Dec-2024 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||||||||||||||||||||||||||||||||||
Revenue |
6 069
N/A
|
5 464
-10%
|
5 071
-7%
|
4 652
-8%
|
4 635
0%
|
4 498
-3%
|
4 312
-4%
|
4 256
-1%
|
4 265
+0%
|
4 728
+11%
|
4 860
+3%
|
4 935
+2%
|
5 400
+9%
|
5 757
+7%
|
6 543
+14%
|
7 341
+12%
|
7 351
+0%
|
7 280
-1%
|
7 143
-2%
|
7 000
-2%
|
7 230
+3%
|
6 933
-4%
|
6 393
-8%
|
6 262
-2%
|
6 202
-1%
|
6 576
+6%
|
7 210
+10%
|
7 790
+8%
|
8 627
+11%
|
9 649
+12%
|
10 842
+12%
|
11 472
+6%
|
11 611
+1%
|
10 870
-6%
|
9 845
-9%
|
9 358
-5%
|
6 331
-32%
|
8 368
+32%
|
8 153
-3%
|
7 705
-5%
|
7 384
-4%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(5 193)
|
(4 662)
|
(4 283)
|
(3 879)
|
(3 769)
|
(3 623)
|
(3 389)
|
(3 288)
|
(3 264)
|
(3 588)
|
(3 699)
|
(3 746)
|
(3 926)
|
(4 091)
|
(4 635)
|
(5 122)
|
(5 024)
|
(4 933)
|
(4 678)
|
(4 507)
|
(4 788)
|
(4 346)
|
(3 980)
|
(3 899)
|
(3 880)
|
(4 352)
|
(4 891)
|
(5 352)
|
(5 980)
|
(6 774)
|
(7 806)
|
(8 244)
|
(8 488)
|
(7 932)
|
(6 959)
|
(6 687)
|
(3 491)
|
(5 470)
|
(5 099)
|
(4 563)
|
(4 068)
|
|
Gross Profit |
876
N/A
|
802
-8%
|
788
-2%
|
773
-2%
|
866
+12%
|
875
+1%
|
923
+5%
|
968
+5%
|
1 001
+3%
|
1 140
+14%
|
1 161
+2%
|
1 189
+2%
|
1 474
+24%
|
1 666
+13%
|
1 908
+15%
|
2 219
+16%
|
2 327
+5%
|
2 347
+1%
|
2 465
+5%
|
2 493
+1%
|
2 442
-2%
|
2 587
+6%
|
2 413
-7%
|
2 363
-2%
|
2 322
-2%
|
2 224
-4%
|
2 319
+4%
|
2 438
+5%
|
2 647
+9%
|
2 875
+9%
|
3 036
+6%
|
3 228
+6%
|
3 123
-3%
|
2 938
-6%
|
2 886
-2%
|
2 671
-7%
|
2 840
+6%
|
2 898
+2%
|
3 054
+5%
|
3 142
+3%
|
3 316
+6%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(174)
|
(184)
|
(183)
|
(159)
|
(181)
|
(191)
|
(205)
|
(203)
|
(194)
|
(193)
|
(207)
|
(227)
|
(264)
|
(271)
|
(288)
|
(294)
|
(306)
|
(319)
|
(316)
|
(308)
|
(311)
|
(312)
|
(574)
|
(564)
|
(228)
|
(241)
|
(306)
|
(11)
|
(58)
|
(545)
|
(51)
|
(397)
|
(528)
|
611
|
590
|
(504)
|
(416)
|
(192)
|
(415)
|
(452)
|
(419)
|
|
Selling, General & Administrative |
(156)
|
(168)
|
(170)
|
(141)
|
(143)
|
(158)
|
(167)
|
(182)
|
(175)
|
(197)
|
(208)
|
(210)
|
(213)
|
(211)
|
(230)
|
(244)
|
(253)
|
(265)
|
(252)
|
(253)
|
(260)
|
(246)
|
(233)
|
(221)
|
(208)
|
(234)
|
(253)
|
(265)
|
(267)
|
(287)
|
(298)
|
(306)
|
(360)
|
(346)
|
(339)
|
(366)
|
(383)
|
(396)
|
(423)
|
(436)
|
(394)
|
|
Depreciation & Amortization |
0
|
0
|
0
|
(2)
|
(14)
|
0
|
0
|
0
|
(20)
|
0
|
(6)
|
(11)
|
(23)
|
(26)
|
(24)
|
(26)
|
(26)
|
(27)
|
(36)
|
(34)
|
(36)
|
(37)
|
(33)
|
(37)
|
(38)
|
(38)
|
(39)
|
(39)
|
(39)
|
(39)
|
(39)
|
(39)
|
(39)
|
(38)
|
(39)
|
(40)
|
(39)
|
(42)
|
(43)
|
(46)
|
(50)
|
|
Other Operating Expenses |
(18)
|
(16)
|
(13)
|
(16)
|
(24)
|
(33)
|
(38)
|
(21)
|
1
|
4
|
7
|
(6)
|
(28)
|
(34)
|
(34)
|
(24)
|
(27)
|
(27)
|
(28)
|
(21)
|
(15)
|
(29)
|
(308)
|
(306)
|
18
|
31
|
(14)
|
293
|
248
|
(219)
|
286
|
(52)
|
(129)
|
995
|
968
|
(98)
|
6
|
246
|
51
|
30
|
25
|
|
Operating Income |
702
N/A
|
618
-12%
|
605
-2%
|
614
+1%
|
685
+12%
|
684
0%
|
718
+5%
|
765
+7%
|
807
+5%
|
947
+17%
|
954
+1%
|
962
+1%
|
1 210
+26%
|
1 395
+15%
|
1 620
+16%
|
1 925
+19%
|
2 021
+5%
|
2 028
+0%
|
2 149
+6%
|
2 185
+2%
|
2 131
-2%
|
2 275
+7%
|
1 839
-19%
|
1 799
-2%
|
2 094
+16%
|
1 983
-5%
|
2 013
+2%
|
2 427
+21%
|
2 589
+7%
|
2 330
-10%
|
2 985
+28%
|
2 831
-5%
|
2 595
-8%
|
3 549
+37%
|
3 476
-2%
|
2 167
-38%
|
2 424
+12%
|
2 706
+12%
|
2 639
-2%
|
2 690
+2%
|
2 897
+8%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
(143)
|
(98)
|
(76)
|
(38)
|
(70)
|
(94)
|
(106)
|
(127)
|
(142)
|
(132)
|
(124)
|
(141)
|
(173)
|
(202)
|
(265)
|
(282)
|
(267)
|
(287)
|
(268)
|
(277)
|
(281)
|
(409)
|
(403)
|
(407)
|
(405)
|
(301)
|
(324)
|
(386)
|
(434)
|
(439)
|
(468)
|
(464)
|
(470)
|
(472)
|
(457)
|
(447)
|
(450)
|
(446)
|
(477)
|
(495)
|
(541)
|
|
Non-Reccuring Items |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(300)
|
(300)
|
0
|
0
|
(2 090)
|
(2 102)
|
(2 125)
|
(2 125)
|
(474)
|
0
|
(439)
|
671
|
1 110
|
0
|
0
|
0
|
231
|
0
|
(385)
|
(385)
|
(616)
|
|
Total Other Income |
(9)
|
(8)
|
(9)
|
(9)
|
(10)
|
(10)
|
(10)
|
(11)
|
(10)
|
(11)
|
(11)
|
(11)
|
(12)
|
(12)
|
(12)
|
(12)
|
(12)
|
(12)
|
(13)
|
(13)
|
(8)
|
(9)
|
(9)
|
(11)
|
(15)
|
(14)
|
(14)
|
(13)
|
(16)
|
(16)
|
(16)
|
(16)
|
(16)
|
(16)
|
(16)
|
(16)
|
(16)
|
(17)
|
(18)
|
(19)
|
(20)
|
|
Pre-Tax Income |
550
N/A
|
512
-7%
|
520
+2%
|
567
+9%
|
605
+7%
|
580
-4%
|
602
+4%
|
627
+4%
|
655
+4%
|
804
+23%
|
819
+2%
|
810
-1%
|
1 025
+27%
|
1 181
+15%
|
1 343
+14%
|
1 631
+21%
|
1 742
+7%
|
1 729
-1%
|
1 868
+8%
|
1 895
+1%
|
1 542
-19%
|
1 557
+1%
|
1 427
-8%
|
1 381
-3%
|
(416)
N/A
|
(434)
-4%
|
(450)
-4%
|
(97)
+78%
|
1 665
N/A
|
1 875
+13%
|
2 062
+10%
|
3 022
+47%
|
3 219
+7%
|
3 061
-5%
|
3 003
-2%
|
1 704
-43%
|
2 189
+28%
|
2 243
+2%
|
1 759
-22%
|
1 791
+2%
|
1 720
-4%
|
|
Net Income | ||||||||||||||||||||||||||||||||||||||||||
Tax Provision |
(167)
|
(156)
|
(198)
|
(207)
|
(199)
|
(192)
|
(144)
|
(162)
|
(189)
|
(230)
|
(241)
|
(241)
|
(142)
|
(178)
|
(211)
|
(276)
|
(464)
|
(468)
|
(189)
|
(180)
|
(35)
|
(44)
|
(325)
|
(331)
|
100
|
124
|
141
|
58
|
(423)
|
(472)
|
(495)
|
(214)
|
(248)
|
(202)
|
(199)
|
(383)
|
(413)
|
(398)
|
202
|
209
|
154
|
|
Income from Continuing Operations |
383
|
356
|
322
|
360
|
406
|
388
|
458
|
465
|
466
|
574
|
578
|
569
|
883
|
1 003
|
1 132
|
1 355
|
1 278
|
1 261
|
1 679
|
1 715
|
1 507
|
1 513
|
1 102
|
1 050
|
(316)
|
(310)
|
(309)
|
(39)
|
1 242
|
1 403
|
1 567
|
2 808
|
2 971
|
2 859
|
2 804
|
1 321
|
1 776
|
1 845
|
1 961
|
2 000
|
1 874
|
|
Income to Minority Interest |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(8)
|
(10)
|
(10)
|
|
Net Income (Common) |
348
N/A
|
321
-8%
|
287
-11%
|
325
+13%
|
355
+9%
|
337
-5%
|
407
+21%
|
414
+2%
|
394
-5%
|
483
+23%
|
468
-3%
|
440
-6%
|
797
+81%
|
906
+14%
|
1 024
+13%
|
1 236
+21%
|
1 153
-7%
|
1 135
-2%
|
1 551
+37%
|
1 585
+2%
|
1 376
-13%
|
1 374
0%
|
956
-30%
|
897
-6%
|
(476)
N/A
|
(470)
+1%
|
(466)
+1%
|
(191)
+59%
|
1 098
N/A
|
1 264
+15%
|
1 431
+13%
|
2 672
+87%
|
2 842
+6%
|
2 733
-4%
|
2 676
-2%
|
1 197
-55%
|
1 648
+38%
|
1 714
+4%
|
1 822
+6%
|
1 852
+2%
|
1 721
-7%
|
|
EPS (Diluted) |
1.05
N/A
|
0.94
-10%
|
0.83
-12%
|
0.96
+16%
|
1.02
+6%
|
0.89
-13%
|
1.04
+17%
|
1.05
+1%
|
1.01
-4%
|
1.2
+19%
|
1.16
-3%
|
1.1
-5%
|
1.86
+69%
|
1.78
-4%
|
2.01
+13%
|
2.43
+21%
|
2.27
-7%
|
2.24
-1%
|
3.04
+36%
|
3.1
+2%
|
2.68
-14%
|
2.5
-7%
|
1.73
-31%
|
1.65
-5%
|
-0.87
N/A
|
-0.85
+2%
|
-0.84
+1%
|
-0.35
+58%
|
1.99
N/A
|
2.29
+15%
|
2.59
+13%
|
4.81
+86%
|
5.13
+7%
|
4.96
-3%
|
4.85
-2%
|
2.17
-55%
|
2.99
+38%
|
3.11
+4%
|
3.13
+1%
|
3.18
+2%
|
3
-6%
|