SOBO vs EPD vs MPLX Stock Comparison

South Bow, Enterprise Products Partners and Mplx Prices as of Oct 26, 2026 Peers: Industry group
SOBO South Bow Corp
$35.67 +5.0% 1M +36.5% 1Y
Market cap
$7.38B
P/E
16.0x
Revenue (TTM)
$2.00B
Div. yield
–
Oil and Gas Pipelines Energy
2 wins
MPLX Mplx Lp
$58.65 +3.3% 1M +16.3% 1Y
Market cap
$58.97B
P/E
12.5x
Revenue (TTM)
$13.22B
Div. yield
0.07%
Oil and Gas Pipelines Energy
7 wins

Head to Head

12 decided of 12

Mplx leads on 7 of the 12 questions below (Mplx 7, Enterprise Products Partners 3, South Bow 2). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionSOBOEPDMPLXLeader
Larger companyMarket capitalisation $7.38B $80.37B $58.97B EPD
Cheaper on earningsLower P/E, profitable companies only 16.0x 12.7x 12.5x MPLX
Cheaper on forward earningsLower price / next fiscal year consensus EPS 19.0x 12.9x 14.3x EPD
Faster revenue growthRevenue growth, trailing twelve months -2.1% +6.8% +8.7% MPLX
More profitableNet margin, trailing twelve months 23.0% 10.8% 35.8% MPLX
Better return on capitalReturn on invested capital 9.2% 12.2% 14.6% MPLX
Less leveragedLower net debt / EBITDA 4.4x 3.2x 3.4x EPD
Higher dividend yieldTrailing dividend yield 0.00% 0.06% 0.07% MPLX
Better 1-year returnPrice return, last 12 months +36.5% +19.3% +16.3% SOBO
Better 5-year returnAnnualised price return, 5 years — +9.2%/yr +13.7%/yr MPLX
Less volatileAnnualised volatility, 1 year 22.8% 18.5% 17.1% MPLX
Higher overall scoreMean of the five percentile scores vs peers 58/100 53/100 58/100 SOBO

Percentile Scorecard

SOBOEPDMPLX

Each axis is the mean percentile of its metrics against the company's industry group. 100 is the best in the group, 50 the middle.

Scores by Axis

AxisSOBOEPDMPLX
Valuation 65 #13 of 35 77 #9 of 35 38 #22 of 35
Growth 55 #16 of 34 24 #26 of 34 27 #25 of 34
Profitability 67 #12 of 34 49 #18 of 34 94 #3 of 34
Financial Health 50 #18 of 35 68 #12 of 35 62 #14 of 35
Shareholder Returns 53 #15 of 31 50 #16 of 31 67 #11 of 31
Overall 58 53 58
  • SOBO ranked among 35 companies in Oil and Gas Midstream
  • EPD ranked among 35 companies in Oil and Gas Midstream
  • MPLX ranked among 35 companies in Oil and Gas Midstream

Price Performance

Price return, split-adjusted, before dividends. Click a name to hide or show it.

Returns

PeriodSOBOEPDMPLXSPY
1 month +5.0%+0.3%+3.3% -0.8%
3 months -4.5%-3.0%+0.5% +3.5%
6 months +11.1%-3.2%+7.4% +7.0%
Year to date +29.9%+15.3%+9.9% +12.2%
1 year +36.5%+19.3%+16.3% +13.0%
3 years —+36.6%+64.3% +86.3%
3 years, per year —+11.0%+18.0% +23.1%
5 years —+54.9%+89.9% +68.6%
5 years, per year —+9.2%+13.7% +11.0%
10 years —+37.6%+83.7% +258.0%
10 years, per year —+3.2%+6.3% +13.6%

Risk

MeasureSOBOEPDMPLXSPY
Volatility, 1Y 22.8%18.5%17.1% 12.7%
Downside volatility, 1Y 22.2%18.0%17.9% 12.7%
Beta vs S&P 500, 1Y -0.20-0.32-0.04 1.00
Return / volatility, 1Y 1.601.040.95 1.02
Max drawdown, 5Y -20.2%-19.5%-20.1% -25.4%
From 52-week high -7.8%-7.1%-2.9% -1.8%
52-week high $38.69$39.80$60.43 $779.14
52-week low $25.26$30.22$50.29 $631.97

Valuation History

Weekly multiples on trailing twelve-month fundamentals. Negative or extreme readings (a loss year, a collapsed denominator) are left out so the chart stays readable.

MultipleSOBOEPDMPLX
P/E now vs peer median 16.1xmedian 21.0x 12.7xmedian 21.0x 12.6xmedian 21.0x
P/S now vs peer median 3.7xmedian 2.7x 1.4xmedian 2.7x 4.5xmedian 2.7x
EV/EBITDA now vs peer median 10.9xmedian 11.0x 11.0xmedian 11.0x 11.5xmedian 11.0x
P/FCF now vs peer median 11.6xmedian 16.6x 23.1xmedian 16.6x 17.8xmedian 16.6x
P/B now vs peer median 2.8xmedian 2.6x 2.6xmedian 2.6x 4.2xmedian 2.6x
PEG now vs peer median —median 1.92 2.38median 1.92 2.42median 1.92

Financial History

Reported figures by fiscal period, placed on the calendar year (or quarter) each period ended in, so companies with different fiscal years line up.

Trailing twelve monthsSOBOEPDMPLX
Revenue $2.00B $58.47B $13.22B
Gross profit $1.72B – $11.61B
Operating income – $7.85B $5.88B
Net income $460.00M $6.37B $4.77B
Free cash flow $640.00M $3.46B $3.34B
EPS (diluted) $2.20 $2.89 $4.66
Cash & equivalents $726.00M $246.00M $1.03B
Total debt $5.73B $33.23B $26.01B
Shares (diluted) 208.80M 2.19B 1.02B
Enterprise value $5.01B $78.75B $52.53B

All Metrics

58 metrics · best in bold

Bold marks the best reading: the lowest positive value for multiples, leverage and payout, the highest for everything else. The bar under each value is its percentile against that company's own peers. Hover a value for its rank and the peer median.

Valuation

12 metrics
MetricSOBOEPDMPLX
P/E 16.1x 12.7x 12.6x
P/FCF 11.6x 23.1x 17.8x
P/Operating cash flow 8.9x 9.0x 10.0x
P/S 3.7x 1.4x 4.5x
P/B 2.8x 2.6x 4.2x
P/Tangible book 2.8x 3.0x 4.6x
EV/EBITDA 10.9x 11.0x 11.5x
EV/EBIT 14.0x 14.4x 14.4x
EV/Revenue 6.2x 1.9x 6.4x
EV/FCF 19.4x 32.6x 25.3x
EV/Operating cash flow 14.8x 12.7x 14.1x
PEG (3Y EPS CAGR) – 2.38 2.42

Growth

14 metrics
MetricSOBOEPDMPLX
Revenue growth (1Y) -2.1% 6.8% 8.7%
Revenue CAGR (3Y) – 3.8% 4.9%
Gross profit growth (1Y) 1.5% – 9.5%
Gross profit CAGR (3Y) – – 2.5%
Operating income growth (1Y) – 7.5% 11.4%
Operating income CAGR (3Y) – 5.0% 4.8%
Net income growth (1Y) 53.3% 7.5% 9.6%
Net income CAGR (3Y) – 4.7% 4.7%
EPS growth (1Y) 134.7% 7.7% 10.6%
EPS CAGR (3Y) – 5.3% 5.2%
Operating cash flow growth (1Y) 30.1% 0.6% -1.6%
Operating cash flow CAGR (3Y) – 6.9% 5.6%
Free cash flow growth (1Y) 14.9% -17.8% -32.1%
Free cash flow CAGR (3Y) – -9.0% -6.8%

Profitability

14 metrics
MetricSOBOEPDMPLX
Gross margin 85.8% – 87.8%
EBITDA margin 56.9% 17.6% 55.4%
Operating margin – 13.4% 44.4%
Pretax margin 27.8% 10.9% 36.1%
Net margin 23.0% 10.8% 35.8%
FCF margin 32.0% 5.9% 25.2%
Operating cash flow margin 41.9% 15.2% 45.2%
Return on equity 17.3% 20.7% 33.4%
Return on assets 4.1% 7.8% 11.1%
Return on invested capital 9.2% 12.2% 14.6%
Return on capital employed 9.1% 12.3% 14.8%
Asset turnover 0.2x 0.7x 0.3x
Cash conversion (OCF / net income) 1.8x 1.4x 1.3x
Stock comp / revenue – – –

Financial Health

11 metrics
MetricSOBOEPDMPLX
Debt / assets 50.4% 40.6% 60.5%
Debt / equity 2.2x 1.1x 1.8x
Net debt / EBITDA 4.4x 3.2x 3.4x
Debt / FCF 9.0x 9.6x 7.8x
Liabilities / assets 76.6% 62.0% 66.8%
Equity / assets 23.4% 38.0% 33.2%
Interest coverage 2.7x 5.2x 5.3x
Current ratio 1.5x 0.9x 0.9x
Quick ratio 1.2x 0.6x 0.8x
Cash ratio 0.5x 0.0x 0.3x
Altman Z-score 1.03 – –

Shareholder Returns

7 metrics
MetricSOBOEPDMPLX
Dividend yield 5.6% 6.0% 7.4%
Net buyback yield -0.1% 0.5% 0.5%
Shareholder yield 5.5% 6.5% 7.9%
Payout ratio (earnings) – 74.4% 89.3%
Payout ratio (FCF) – 136.9% 127.5%
Dividend growth (1Y) – 3.1% 12.3%
Dividend CAGR (3Y) – 4.1% 11.8%

Analyst Estimates

Solid lines are reported fiscal-year results; dashed lines are the consensus for the years ahead. Hover a year for the analysts' high and low, and how each result compared with its estimate.

ConsensusSOBOEPDMPLX
Forward P/E 19.0xFY2026 12.9xFY2026 14.3xFY2026
EPS, next fiscal year $1.88FY2026 $2.87FY2026 $4.10FY2026
EPS growth, next FY -4.6%FY2026 +7.9%FY2026 -14.9%FY2026
EPS growth, the year after +3.7% +17.1% +13.7%
Revenue, next fiscal year $2.07BFY2026 $66.68BFY2026 $13.68BFY2026
Revenue growth, next FY +4.1%FY2026 +26.8%FY2026 +5.2%FY2026
Revenue growth, the year after +3.7% +2.5% -4.0%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersSOBOEPDMPLX
Held by institutions 62.0% 24.8% 18.8%
Institutions holding 305 1,580 625
Change in shares held, QoQ -2.3% +0.8% -3.3%
Institutions buying 126 670 301
Institutions selling 92 435 144
Buyers to sellers 1.37 1.54 2.09

Return Correlation

Daily returns, last 12 months

1.00 means two stocks move in lockstep, 0 that they move independently. Pairs below about 0.5 diversify each other.

SOBOEPDMPLX
SOBO 1.00 0.51 0.36
EPD 0.51 1.00 0.47
MPLX 0.36 0.47 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, SOBO, EPD and MPLX?

Enterprise Products Partners (EPD) is the largest by market capitalisation: South Bow (SOBO) $7.38B, Enterprise Products Partners (EPD) $80.37B, Mplx (MPLX) $58.97B.

Which stock is cheaper, SOBO, EPD and MPLX?

Mplx (MPLX) trades on the lowest price-to-earnings ratio (South Bow (SOBO) 16.0x, Enterprise Products Partners (EPD) 12.7x, Mplx (MPLX) 12.5x). On next year's consensus earnings, Enterprise Products Partners (EPD) is cheapest (South Bow (SOBO) 19.0x, Enterprise Products Partners (EPD) 12.9x, Mplx (MPLX) 14.3x). A lower multiple can reflect slower expected growth, so read it next to the growth figures.

Which company is growing faster?

Mplx (MPLX) grew revenue fastest over the trailing twelve months: South Bow (SOBO) -2.1%, Enterprise Products Partners (EPD) +6.8%, Mplx (MPLX) +8.7%.

Which company is more profitable?

Mplx (MPLX) has the highest net margin (South Bow (SOBO) 23.0%, Enterprise Products Partners (EPD) 10.8%, Mplx (MPLX) 35.8%). On return on invested capital, Mplx (MPLX) leads (South Bow (SOBO) 9.2%, Enterprise Products Partners (EPD) 12.2%, Mplx (MPLX) 14.6%).

Which stock has performed better?

Over the past year South Bow (SOBO) returned the most: South Bow (SOBO) +36.5%, Enterprise Products Partners (EPD) +19.3%, Mplx (MPLX) +16.3%. Over five years, Mplx (MPLX) compounded fastest (Enterprise Products Partners (EPD) +9.2%/yr, Mplx (MPLX) +13.7%/yr). Returns are price only, before dividends.

Which pays a higher dividend?

Mplx (MPLX) has the highest dividend yield: South Bow (SOBO) 0.00%, Enterprise Products Partners (EPD) 0.06%, Mplx (MPLX) 0.07%. South Bow (SOBO) pays no regular dividend.

Which stock is riskier?

By one-year price volatility, Mplx (MPLX) has been the steadiest (South Bow (SOBO) 22.8%, Enterprise Products Partners (EPD) 18.5%, Mplx (MPLX) 17.1%). Volatility measures how widely the price swings, not the risk of the business.

Which is the better stock, SOBO, EPD and MPLX?

There is no single answer; it depends on what you are buying for. On the 12 head-to-head measures on this page, Mplx (MPLX) leads on 7. Business Quant does not give investment advice; use the comparison as a starting point for your own research.

Data from SEC filings, exchange prices and consensus estimates, via Business Quant. Percentile scores compare each company with its own peer group, so two companies' scores are each relative to different peers unless you rank against the whole market. Price returns exclude dividends. Nothing on this page is investment advice.