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| Date | Value |
|---|---|
| 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 |