South Bow (SOBO) Cash from Operations (2024 - 2026)
South Bow's Cash from Operations came in at $273 million for Q3 2026, up 39.3% from $196 million a year earlier and up 7.1% from the prior quarter.
South Bow (SOBO) Cash from Operations (2024 - 2026) Analysis & Trends
Over the trailing twelve months to Sep 30, 2026, South Bow reported Cash from Operations of $916 million, up 90.4% year-over-year; for FY2025, it was $717 million, up 35.5% from FY2024.
- Going back by year, Cash from Operations was $529 million in FY2024 (-32.1%) and $779 million in FY2023.
- The Q3 2026 figure represents the highest quarterly Cash from Operations since Q3 2024.
- Year-over-year, Cash from Operations has increased for three consecutive quarters, with growth averaging 33.1% over the last six quarters.
- Business Quant data shows SOBO's Cash from Operations at $255 million (Q2 2026), $186 million (Q1 2026) and $202 million (Q4 2025) in the three quarters before Q3 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cash from Ops. (Qtr) |
|---|---|---|---|---|---|
| 1 | Enbridge | 102.29 Bn | 97.89 Bn | 4.84 Bn | 2.97 Bn |
| 2 | Enterprise Products Partners | 79.85 Bn | 78.21 Bn | - | 2.19 Bn |
| 3 | Williams Companies | 79.33 Bn | 76.36 Bn | 2.59 Bn | 1.51 Bn |
| 4 | Kinder Morgan | 66.78 Bn | 65.63 Bn | 2.97 Bn | 1.59 Bn |
| 5 | Energy Transfer | 65.10 Bn | 60.93 Bn | 6.57 Bn | 4.02 Bn |
| 6 | Tc Energy | 64.42 Bn | 61.18 Bn | - | 1.27 Bn |
| 7 | Cheniere Energy | 58.11 Bn | 52.26 Bn | 2.97 Bn | 2.47 Bn |
| 8 | Targa Resources | 56.77 Bn | 56.23 Bn | 2.02 Bn | 1.37 Bn |
| 9 | Mplx | 56.70 Bn | 50.73 Bn | 3.19 Bn | 1.48 Bn |
| 10 | South Bow | 6.47 Bn | 4.03 Bn | 407.00 Mn | 273.00 Mn |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 273.00 Mn |
| Jun 30, 2026 | 255.00 Mn |
| Mar 31, 2026 | 186.00 Mn |
| Dec 31, 2025 | 194.00 Mn |
| Sep 30, 2025 | 204.00 Mn |
| Jun 30, 2025 | 194.00 Mn |
| Mar 31, 2025 | 125.00 Mn |
| Dec 31, 2024 | -34.00 Mn |
| Sep 30, 2024 | 360.00 Mn |
| Jun 30, 2024 | 91.00 Mn |
| Mar 31, 2024 | 112.00 Mn |
South Bow Cash from Operations API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=cash-from-operations&ticker=SOBO&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "cash-from-operations", "ticker": "SOBO", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=cash-from-operations&ticker=SOBO&period=max&api_key=YOUR_API_KEY");
const data = await res.json();