Pembina Pipeline Corp cash flow statement

In fiscal 2025, Pembina Pipeline Corp's operations generated $2.36bn of cash.

Cash flow statement

US$ millions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Pembina Pipeline Corp: cash flow statement, annual
Fiscal year	2016Dec 2016	2017Dec 2017	2018Dec 2018	2019Dec 2019	2020Dec 2020	2021Dec 2021	2022Dec 2022	2023Dec 2023	2024Dec 2024	2025Dec 2025
Cash from operations	814	1,166	1,742	1,908	1,679	2,115	2,253	1,953	2,347	2,363
Stock-based pay	−15	−17	−25	−38	−34	−26	−35	53	61	67
Dividends paid	265	602	963	997	1,141	—	—	—	—	—
Share buybacks	—	—	—	—	0	14	256	37	0	—

Free cash flow is cash from operations minus capital spending. Free cash flow after stock pay also subtracts stock-based compensation, a real cost to shareholders that the cash flow statement adds back. Dividends, buybacks and shares issued are cash amounts for the period.

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Figures from Pembina Pipeline Corp's SEC filings (10-K and 10-Q), retrieved November 1, 2026. How we read and check them: methodology and data sources. Not investment advice. Back to Pembina Pipeline Corp.