Pembina Pipeline Corp (PPL) — Capital Reinvestment Ratio
Pembina Pipeline Corp (PPL) has a Capital Reinvestment Ratio of 0.57x as of March 2026, meaning it reinvests 1% of its operating cash flow (CA$327.00 Million) in capital expenditures (CA$187.00 Million). Check PPL intangible-adjusted equity ratio to evaluate the tangible quality of the company's equity base.
Capital Reinvestment Ratio
Operating Cash Flow
Capital Expenditures
Data as of
Pembina Pipeline Corp Capital Reinvestment Ratio (1998–2025)
This chart tracks Pembina Pipeline Corp's Capital Reinvestment Ratio across 28 annual periods. For the full cash flow conversion analysis, see Pembina Pipeline Corp cash conversion from operations.
Annual Capital Reinvestment Ratio for Pembina Pipeline Corp (1998–2025)
Year-by-year Capital Reinvestment Ratio for Pembina Pipeline Corp from 1998 to 2025. See Pembina Pipeline Corp free cash flow generation to measure how efficiently the company converts operating cash flow to free cash.
| Year | Reinvestment Ratio | Operating CF (CAD) | Capital Expenditures | YoY Change |
|---|---|---|---|---|
| 2025 | 0.24x | CA$3.27 Billion | CA$784.00 Million | ▼ -20.0% |
| 2024 | 0.30x | CA$3.19 Billion | CA$955.00 Million | ▲ +29.5% |
| 2023 | 0.23x | CA$2.62 Billion | CA$606.00 Million | ▲ +11.2% |
| 2022 | 0.21x | CA$2.91 Billion | CA$605.00 Million | ▼ -17.0% |
| 2021 | 0.25x | CA$2.62 Billion | CA$658.00 Million | ▼ -46.3% |
| 2020 | 0.47x | CA$2.21 Billion | CA$1.03 Billion | ▼ -29.4% |
| 2019 | 0.66x | CA$2.49 Billion | CA$1.65 Billion | ▲ +19.7% |
| 2018 | 0.55x | CA$2.22 Billion | CA$1.23 Billion | ▼ -56.5% |
| 2017 | 1.27x | CA$1.45 Billion | CA$1.84 Billion | ▼ -27.0% |
| 2016 | 1.74x | CA$1.00 Billion | CA$1.75 Billion | ▼ -29.7% |
| 2015 | 2.47x | CA$733.00 Million | CA$1.81 Billion | ▲ +32.3% |
| 2014 | 1.87x | CA$756.00 Million | CA$1.41 Billion | ▲ +38.2% |
| 2013 | 1.35x | CA$651.00 Million | CA$880.00 Million | ▼ -11.1% |
| 2012 | 1.52x | CA$359.81 Million | CA$546.82 Million | ▼ -9.0% |
| 2011 | 1.67x | CA$287.09 Million | CA$479.71 Million | ▲ +116.3% |
| 2010 | 0.77x | CA$257.19 Million | CA$198.72 Million | ▲ +20.7% |
| 2009 | 0.64x | CA$224.62 Million | CA$143.83 Million | ▼ -37.1% |
| 2008 | 1.02x | CA$219.91 Million | CA$223.98 Million | ▼ -35.7% |
| 2007 | 1.58x | CA$189.54 Million | CA$300.31 Million | ▲ +34.9% |
| 2006 | 1.17x | CA$143.86 Million | CA$168.96 Million | ▲ +66.1% |
| 2005 | 0.71x | CA$112.36 Million | CA$79.46 Million | ▲ +204.8% |
| 2004 | 0.23x | CA$120.17 Million | CA$27.88 Million | ▲ +45.6% |
| 2003 | 0.16x | CA$103.90 Million | CA$16.56 Million | ▼ -40.1% |
| 2002 | 0.27x | CA$106.98 Million | CA$28.46 Million | ▲ +113.6% |
| 2001 | 0.12x | CA$92.89 Million | CA$11.57 Million | ▼ -84.9% |
| 2000 | 0.83x | CA$52.06 Million | CA$43.06 Million | ▲ +388.6% |
| 1999 | 0.17x | CA$59.25 Million | CA$10.03 Million | ▼ -10.7% |
| 1998 | 0.19x | CA$63.58 Million | CA$12.06 Million | — |