SOBO vs TRP vs EPD Stock Comparison

South Bow, Tc Energy and Enterprise Products Partners 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
TRP Tc Energy Corp
$62.47 +6.3% 1M +23.9% 1Y
Market cap
$65.37B
P/E
26.6x
Revenue (TTM)
$11.24B
Div. yield
-0.04%
Oil and Gas Pipelines Energy
3 wins

Head to Head

11 decided of 12

Enterprise Products Partners leads on 6 of the 12 questions below (Enterprise Products Partners 6, Tc Energy 3, South Bow 2). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionSOBOTRPEPDLeader
Larger companyMarket capitalisation $7.38B $65.37B $80.37B EPD
Cheaper on earningsLower P/E, profitable companies only 16.0x 26.6x 12.7x EPD
Cheaper on forward earningsLower price / next fiscal year consensus EPS 19.0x 24.6x 12.9x EPD
Faster revenue growthRevenue growth, trailing twelve months -2.1% -1.0% +6.8% EPD
More profitableNet margin, trailing twelve months 23.0% 21.9% 10.8% SOBO
Better return on capitalReturn on invested capital 9.2% 12.4% 12.2% TRP
Less leveragedLower net debt / EBITDA 4.4x 1.2x 3.2x TRP
Higher dividend yieldTrailing dividend yield 0.00% -0.04% 0.06% –
Better 1-year returnPrice return, last 12 months +36.5% +23.9% +19.3% SOBO
Better 5-year returnAnnualised price return, 5 years — +2.8%/yr +9.2%/yr EPD
Less volatileAnnualised volatility, 1 year 22.8% 19.7% 18.5% EPD
Higher overall scoreMean of the five percentile scores vs peers 58/100 67/100 53/100 TRP

Percentile Scorecard

SOBOTRPEPD

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

AxisSOBOTRPEPD
Valuation 65 #13 of 35 71 #11 of 35 77 #9 of 35
Growth 55 #16 of 34 33 #23 of 34 24 #26 of 34
Profitability 67 #12 of 34 97 #2 of 34 49 #18 of 34
Financial Health 50 #18 of 35 91 #4 of 35 68 #12 of 35
Shareholder Returns 53 #15 of 31 43 #18 of 31 50 #16 of 31
Overall 58 67 53
  • SOBO ranked among 35 companies in Oil and Gas Midstream
  • TRP ranked among 35 companies in Oil and Gas Midstream
  • EPD 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

PeriodSOBOTRPEPDSPY
1 month +5.0%+6.3%+0.3% -0.8%
3 months -4.5%-8.6%-3.0% +3.5%
6 months +11.1%+0.9%-3.2% +7.0%
Year to date +29.9%+13.6%+15.3% +12.2%
1 year +36.5%+23.9%+19.3% +13.0%
3 years —+84.7%+36.6% +86.3%
3 years, per year —+22.7%+11.0% +23.1%
5 years —+14.7%+54.9% +68.6%
5 years, per year —+2.8%+9.2% +11.0%
10 years —+36.1%+37.6% +258.0%
10 years, per year —+3.1%+3.2% +13.6%

Risk

MeasureSOBOTRPEPDSPY
Volatility, 1Y 22.8%19.7%18.5% 12.7%
Downside volatility, 1Y 22.2%18.6%18.0% 12.7%
Beta vs S&P 500, 1Y -0.20-0.06-0.32 1.00
Return / volatility, 1Y 1.601.211.04 1.02
Max drawdown, 5Y -20.2%-44.3%-19.5% -25.4%
From 52-week high -7.8%-11.9%-7.1% -1.8%
52-week high $38.69$70.91$39.80 $779.14
52-week low $25.26$49.79$30.22 $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.

MultipleSOBOTRPEPD
P/E now vs peer median 16.1xmedian 21.0x 26.4xmedian 21.0x 12.7xmedian 21.0x
P/S now vs peer median 3.7xmedian 2.7x 5.8xmedian 2.7x 1.4xmedian 2.7x
EV/EBITDA now vs peer median 10.9xmedian 11.0x 8.5xmedian 11.0x 11.0xmedian 11.0x
P/FCF now vs peer median 11.6xmedian 16.6x 6.7xmedian 16.6x 23.1xmedian 16.6x
P/B now vs peer median 2.8xmedian 2.6x 3.3xmedian 2.6x 2.6xmedian 2.6x
PEG now vs peer median —median 1.92 0.56median 1.92 2.38median 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 monthsSOBOTRPEPD
Revenue $2.00B $11.24B $58.47B
Gross profit $1.72B $11.08B –
Operating income – $6.82B $7.85B
Net income $460.00M $2.94B $6.37B
Free cash flow $640.00M $9.65B $3.46B
EPS (diluted) $2.20 $2.37 $2.89
Cash & equivalents $726.00M $1.46B $246.00M
Total debt $5.73B $11.91B $33.23B
Shares (diluted) 208.80M 1.04B 2.19B
Enterprise value $5.01B $61.46B $78.75B

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
MetricSOBOTRPEPD
P/E 16.1x 26.4x 12.7x
P/FCF 11.6x 6.7x 23.1x
P/Operating cash flow 8.9x 10.5x 9.0x
P/S 3.7x 5.8x 1.4x
P/B 2.8x 3.3x 2.6x
P/Tangible book 2.8x 3.3x 3.0x
EV/EBITDA 10.9x 8.5x 11.0x
EV/EBIT 14.0x 11.1x 14.4x
EV/Revenue 6.2x 6.7x 1.9x
EV/FCF 19.4x 7.8x 32.6x
EV/Operating cash flow 14.8x 12.2x 12.7x
PEG (3Y EPS CAGR) – 0.56 2.38

Growth

14 metrics
MetricSOBOTRPEPD
Revenue growth (1Y) -2.1% -1.0% 6.8%
Revenue CAGR (3Y) – – 3.8%
Gross profit growth (1Y) 1.5% -1.1% –
Gross profit CAGR (3Y) – – –
Operating income growth (1Y) – -10.0% 7.5%
Operating income CAGR (3Y) – – 5.0%
Net income growth (1Y) 53.3% -17.9% 7.5%
Net income CAGR (3Y) – 52.5% 4.7%
EPS growth (1Y) 134.7% -19.4% 7.7%
EPS CAGR (3Y) – 47.4% 5.3%
Operating cash flow growth (1Y) 30.1% 14.6% 0.6%
Operating cash flow CAGR (3Y) – 4.4% 6.9%
Free cash flow growth (1Y) 14.9% -1.1% -17.8%
Free cash flow CAGR (3Y) – -5.1% -9.0%

Profitability

14 metrics
MetricSOBOTRPEPD
Gross margin 85.8% 98.5% –
EBITDA margin 56.9% 78.8% 17.6%
Operating margin – 60.7% 13.4%
Pretax margin 27.8% 34.9% 10.9%
Net margin 23.0% 21.9% 10.8%
FCF margin 32.0% 85.9% 5.9%
Operating cash flow margin 41.9% 55.2% 15.2%
Return on equity 17.3% 12.6% 20.7%
Return on assets 4.1% – 7.8%
Return on invested capital 9.2% 12.4% 12.2%
Return on capital employed 9.1% – 12.3%
Asset turnover 0.2x – 0.7x
Cash conversion (OCF / net income) 1.8x 2.1x 1.4x
Stock comp / revenue – 0.0% –

Financial Health

11 metrics
MetricSOBOTRPEPD
Debt / assets 50.4% – 40.6%
Debt / equity 2.2x 0.6x 1.1x
Net debt / EBITDA 4.4x 1.2x 3.2x
Debt / FCF 9.0x 1.2x 9.6x
Liabilities / assets 76.6% – 62.0%
Equity / assets 23.4% – 38.0%
Interest coverage 2.7x 2.8x 5.2x
Current ratio 1.5x – 0.9x
Quick ratio 1.2x – 0.6x
Cash ratio 0.5x – 0.0x
Altman Z-score 1.03 – –

Shareholder Returns

7 metrics
MetricSOBOTRPEPD
Dividend yield 5.6% 5.6% 6.0%
Net buyback yield -0.1% -0.1% 0.5%
Shareholder yield 5.5% 5.5% 6.5%
Payout ratio (earnings) – 87.7% 74.4%
Payout ratio (FCF) – 26.7% 136.9%
Dividend growth (1Y) – 3.8% 3.1%
Dividend CAGR (3Y) – -8.5% 4.1%

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.

ConsensusSOBOTRPEPD
Forward P/E 19.0xFY2026 24.6xFY2026 12.9xFY2026
EPS, next fiscal year $1.88FY2026 $2.54FY2026 $2.87FY2026
EPS growth, next FY -4.6%FY2026 -0.8%FY2026 +7.9%FY2026
EPS growth, the year after +3.7% +15.0% +17.1%
Revenue, next fiscal year $2.07BFY2026 $10.85BFY2026 $66.68BFY2026
Revenue growth, next FY +4.1%FY2026 -2.2%FY2026 +26.8%FY2026
Revenue growth, the year after +3.7% +4.3% +2.5%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersSOBOTRPEPD
Held by institutions 62.0% 65.7% 24.8%
Institutions holding 305 696 1,580
Change in shares held, QoQ -2.3% -5.0% +0.8%
Institutions buying 126 328 670
Institutions selling 92 216 435
Buyers to sellers 1.37 1.52 1.54

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.

SOBOTRPEPD
SOBO 1.00 0.67 0.51
TRP 0.67 1.00 0.48
EPD 0.51 0.48 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, SOBO, TRP and EPD?

Enterprise Products Partners (EPD) is the largest by market capitalisation: South Bow (SOBO) $7.38B, Tc Energy (TRP) $65.37B, Enterprise Products Partners (EPD) $80.37B.

Which stock is cheaper, SOBO, TRP and EPD?

Enterprise Products Partners (EPD) trades on the lowest price-to-earnings ratio (South Bow (SOBO) 16.0x, Tc Energy (TRP) 26.6x, Enterprise Products Partners (EPD) 12.7x). On next year's consensus earnings, Enterprise Products Partners (EPD) is cheapest (South Bow (SOBO) 19.0x, Tc Energy (TRP) 24.6x, Enterprise Products Partners (EPD) 12.9x). A lower multiple can reflect slower expected growth, so read it next to the growth figures.

Which company is growing faster?

Enterprise Products Partners (EPD) grew revenue fastest over the trailing twelve months: South Bow (SOBO) -2.1%, Tc Energy (TRP) -1.0%, Enterprise Products Partners (EPD) +6.8%.

Which company is more profitable?

South Bow (SOBO) has the highest net margin (South Bow (SOBO) 23.0%, Tc Energy (TRP) 21.9%, Enterprise Products Partners (EPD) 10.8%). On return on invested capital, Tc Energy (TRP) leads (South Bow (SOBO) 9.2%, Tc Energy (TRP) 12.4%, Enterprise Products Partners (EPD) 12.2%).

Which stock has performed better?

Over the past year South Bow (SOBO) returned the most: South Bow (SOBO) +36.5%, Tc Energy (TRP) +23.9%, Enterprise Products Partners (EPD) +19.3%. Over five years, Enterprise Products Partners (EPD) compounded fastest (Tc Energy (TRP) +2.8%/yr, Enterprise Products Partners (EPD) +9.2%/yr). Returns are price only, before dividends.

Which pays a higher dividend?

Only one of these companies pays a dividend: South Bow (SOBO) 0.00%, Tc Energy (TRP) -0.04%, Enterprise Products Partners (EPD) 0.06%. South Bow (SOBO) and Tc Energy (TRP) pays no regular dividend.

Which stock is riskier?

By one-year price volatility, Enterprise Products Partners (EPD) has been the steadiest (South Bow (SOBO) 22.8%, Tc Energy (TRP) 19.7%, Enterprise Products Partners (EPD) 18.5%). Volatility measures how widely the price swings, not the risk of the business.

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

There is no single answer; it depends on what you are buying for. On the 12 head-to-head measures on this page, Enterprise Products Partners (EPD) leads on 6. 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.