Pembina Pipeline Corp (PPL) — Cash Flow Quality Index
Pembina Pipeline Corp (PPL) has a Cash Flow Quality Index of 0.66x as of March 2026. Operating cash flow of CA$327.00 Million is below net income of CA$498.00 Million, suggesting accrual-heavy earnings not yet converted to cash. Explore PPL cash flow to debt ratio to assess how comfortably operating cash covers total debt obligations.
Cash Flow Quality Index
Operating Cash Flow
Net Income
Data as of
Pembina Pipeline Corp Cash Flow Quality Index (1998–2025)
Historical Cash Flow Quality Index for Pembina Pipeline Corp across 27 annual periods. Values consistently above 1.0x indicate high-quality earnings. For the full cash flow conversion analysis, see Pembina Pipeline Corp cash flow conversion.
Annual Cash Flow Quality Index for Pembina Pipeline Corp (1998–2025)
Year-by-year earnings quality comparison for Pembina Pipeline Corp.
| Year | Quality Index | Operating CF (CAD) | Net Income | YoY Change |
|---|---|---|---|---|
| 2025 | 1.93x | CA$3.27 Billion | CA$1.69 Billion | ▲ +13.0% |
| 2024 | 1.71x | CA$3.19 Billion | CA$1.86 Billion | ▲ +15.9% |
| 2023 | 1.48x | CA$2.62 Billion | CA$1.78 Billion | ▲ +50.7% |
| 2022 | 0.98x | CA$2.91 Billion | CA$2.97 Billion | ▼ -53.7% |
| 2021 | 2.11x | CA$2.62 Billion | CA$1.24 Billion | ▲ +27.9% |
| 2019 | 1.65x | CA$2.49 Billion | CA$1.51 Billion | ▼ -4.9% |
| 2018 | 1.74x | CA$2.22 Billion | CA$1.28 Billion | ▲ +5.8% |
| 2017 | 1.64x | CA$1.45 Billion | CA$883.00 Million | ▼ -23.9% |
| 2016 | 2.16x | CA$1.00 Billion | CA$466.00 Million | ▲ +19.5% |
| 2015 | 1.81x | CA$733.00 Million | CA$406.00 Million | ▼ -8.5% |
| 2014 | 1.97x | CA$756.00 Million | CA$383.00 Million | ▲ +6.4% |
| 2013 | 1.85x | CA$651.00 Million | CA$351.00 Million | ▲ +15.9% |
| 2012 | 1.60x | CA$359.81 Million | CA$224.84 Million | ▼ -7.7% |
| 2011 | 1.73x | CA$287.09 Million | CA$165.67 Million | ▲ +18.5% |
| 2010 | 1.46x | CA$257.19 Million | CA$175.83 Million | ▲ +5.5% |
| 2009 | 1.39x | CA$224.62 Million | CA$162.08 Million | ▲ +2.0% |
| 2008 | 1.36x | CA$219.91 Million | CA$161.79 Million | ▲ +2.0% |
| 2007 | 1.33x | CA$189.54 Million | CA$142.31 Million | ▼ -17.7% |
| 2006 | 1.62x | CA$143.86 Million | CA$88.89 Million | ▲ +1.4% |
| 2005 | 1.60x | CA$112.36 Million | CA$70.41 Million | ▼ -19.8% |
| 2004 | 1.99x | CA$120.17 Million | CA$60.42 Million | ▲ +21.3% |
| 2003 | 1.64x | CA$103.90 Million | CA$63.39 Million | ▼ -8.8% |
| 2002 | 1.80x | CA$106.98 Million | CA$59.54 Million | ▼ -22.1% |
| 2001 | 2.31x | CA$92.89 Million | CA$40.27 Million | ▲ +132.6% |
| 2000 | 0.99x | CA$52.06 Million | CA$52.49 Million | ▼ -67.7% |
| 1999 | 3.07x | CA$59.25 Million | CA$19.32 Million | ▼ -7.0% |
| 1998 | 3.30x | CA$63.58 Million | CA$19.29 Million | — |