Pembina Pipeline Corporation PPL.TO TSX

Pembina Pipeline Corporation (PPL.TO) generated $3.27B in operating cash flow for fiscal year 2025. After capital expenditures of $784M, free cash flow was $2.49B.

Free cash flow margin was 32.4% of revenue. Cash conversion ratio was 1.93x, indicating earnings are backed by cash.

The company returned $1.64B in dividends and $451M in share buybacks to shareholders during the period.

Criteria supported by this page:

• HEALTH (33/100, Fail) — weak cash flow raises concerns about debt servicing
• MOAT (66/100, Partial) — cash flow generation is present but not at levels indicating a wide moat
• INCOME (85/100) — Cash conversion ratio was 1.93x confirms earnings are backed by real cash flow

Overall SharesGrow Score: 64/100 with 4/7 criteria passed.