Pembina Pipeline Corporation (PBA) vs Texas Pacific Land Corporation (TPL)

A side-by-side comparison of Pembina Pipeline Corporation and Texas Pacific Land Corporation across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of August 28, 2026. Differences are shown without an overall score or investment verdict.

Compare

Total returnPBA vs TPL

growth of $100 · dividends reinvested · last 10y
PBA +177.2% (+10.7%/yr)TPL +2121.8% (+36.4%/yr)TPL compounded faster over this window
Log scale — wide-divergence pair
101001k10kStart $10020182020202220242026$277$2,222
PBA TPL

PBA vs TPL: by the numbers

  • PBA is the larger company ($27.91B vs $25.13B market cap).
  • PBA trades at the lower trailing earnings multiple (23.85 vs 47.16 P/E), one valuation lens rather than an overall verdict.
  • TPL converts more revenue to profit (60.32% vs 22.54% net margin).
  • TPL grew revenue faster over the past five years (22.25% vs 0.33% CAGR).
  • PBA pays the higher dividend yield (4.29% vs 0.61%).

Metrics side by side

Valuation

MetricPBATPL
P/E ratio23.8547.16
Forward P/E15.2442.01
P/S ratio4.9628.44
P/B ratio2.3415.26
EV / EBITDA14.2934.17
FCF yield5.27%2.06%

Profitability

MetricPBATPL
Gross margin39.62%85.46%
Operating margin34.04%74.92%
Net margin22.54%60.32%
ROE10.66%32.37%
ROIC6.05%30.14%

Dividends

MetricPBATPL
Dividend yield4.29%0.61%
Payout ratio107.09%32.47%

Growth (annualized)

MetricPBATPL
Revenue CAGR (5Y)0.33%22.25%
EPS CAGR (5Y)N/A22.57%
FCF CAGR (5Y)2.92%19.60%
Total return CAGR (5Y)15.23%20.13%

Frequently asked

Which has the lower trailing P/E, PBA or TPL?
PBA has the lower trailing P/E: PBA trades at 23.85 and TPL at 47.16. P/E is one valuation measure and does not by itself establish which business is cheaper.
Which has grown faster, PBA or TPL?
Over the past five years, TPL grew revenue faster — PBA at a 0.33% CAGR versus TPL at 22.25%.
Does PBA or TPL pay a bigger dividend?
PBA yields 4.29% and TPL yields 0.61% based on trailing dividends and the latest price.
Is PBA or TPL more profitable?
TPL runs the higher net margin — PBA at 22.54% versus TPL at 60.32%.
How have PBA and TPL total returns compared?
Over the past 10 years, PBA delivered 10.69% and TPL delivered 36.55% annualized total return. Past performance doesn't predict future results.

Figures are sourced from reported fundamentals and the latest end-of-day price. This comparison is informational only and is not investment advice. Past performance does not predict future results. See our methodology. Compiled by TGMCharts Research · data verified August 28, 2026.