South Bow (SOBO) Amortization (2024 - 2026)

South Bow (SOBO) recorded quarterly Amortization of $298.0 million in Q1 2026, up 0.68% quarter-over-quarter from $296.0 million in Q4 2025, and up 26.81% on a YoY basis from $235.0 million in Q1 2025.

South Bow (SOBO) Amortization (2024 - 2026) Analysis & Trends

South Bow's Amortization history runs 3 years deep, the most recent figure standing at $298.0 million for Q1 2026.

  • In Q1 2026, Amortization rose 26.81% year-over-year to $298.0 million; the TTM figure through Mar 2026 stood at $298.0 million (up 26.81% YoY), while the FY2025 annual figure was $296.0 million, up 60.0% from the prior year.
  • Amortization was $298.0 million for Q1 2026 at South Bow, up from $296.0 million in the prior quarter.
  • In the past five years, Amortization ranged from a high of $368.0 million in Q2 2024 to a low of $185.0 million in Q4 2024.
  • Historically, Amortization has averaged $292.3 million across 3 years, with a median of $296.0 million in 2025.
  • Biggest YoY gain for Amortization was 60.0% in 2025; the steepest drop was 27.24% in 2025.
  • A 3-year view of Amortization shows it stood at $185.0 million in 2024, then jumped by 60.0% to $296.0 million in 2025, then gained by 0.68% to $298.0 million in 2026.
  • The last three Amortization figures came in at $298.0 million (Q1 2026), $296.0 million (Q4 2025), and $282.0 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Amortization (Qtr)
1 Enbridge 88.33 Bn 89.03 Bn 6.70 Bn -
2 Enterprise Products Partners 80.83 Bn 79.68 Bn - -
3 Kinder Morgan 69.66 Bn 70.75 Bn 3.08 Bn -
4 Energy Transfer 65.60 Bn 64.88 Bn 6.62 Bn -
5 Scorpio Tankers 59.17 Bn 58.19 Bn - 210.96 Mn
6 Mplx 57.43 Bn 55.92 Bn 2.54 Bn -
7 Targa Resources 56.68 Bn 56.71 Bn 1.70 Bn -
8 Oneok 55.34 Bn 55.21 Bn 2.57 Bn -
9 Tc Energy 50.79 Bn 51.99 Bn 2.95 Bn 2.99 Bn
10 South Bow - - 417.00 Mn 298.00 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 298.00 Mn
Mar 31, 2026 298.00 Mn
Dec 31, 2025 296.00 Mn
Dec 31, 2025 296.00 Mn
Sep 30, 2025 282.00 Mn
Sep 30, 2025 282.00 Mn
Jun 30, 2025 276.00 Mn
Jun 30, 2025 276.00 Mn
Mar 31, 2025 235.00 Mn
Mar 31, 2025 235.00 Mn
Dec 31, 2024 185.00 Mn
Dec 31, 2024 185.00 Mn
Sep 30, 2024 368.00 Mn
Sep 30, 2024 368.00 Mn
Jun 30, 2024 368.00 Mn
Jun 30, 2024 368.00 Mn
Mar 31, 2024 323.00 Mn
Mar 31, 2024 323.00 Mn