South Bow (SOBO) Debt Ratio (2023 - 2026)

South Bow (SOBO) posted quarterly Debt Ratio of 0.42 for Q1 2026, little changed year-over-year from 0.41 in Q1 2025, and down 0.78% quarter-over-quarter from 0.42 in Q4 2025.

South Bow (SOBO) Debt Ratio (2023 - 2026) Analysis & Trends

South Bow's Debt Ratio history runs 4 years deep, the most recent figure standing at 0.42 for Q1 2026.

  • In Q1 2026, Debt Ratio changed 0.13% year-over-year to 0.42; the TTM figure through Mar 2026 stood at 0.42 (changed 0.13% YoY), while the FY2025 annual figure was 0.42, up 2.37% from the prior year.
  • Debt Ratio for Q1 2026 stood at 0.42, down from 0.42 in the prior quarter.
  • The five-year high for Debt Ratio was 0.5 in Q4 2023, with the low at 0.41 in Q3 2025.
  • The 4-year median for Debt Ratio is 0.41 (2025), against an average of 0.42.
  • The sharpest annual moves came in 2024 and 2025: Debt Ratio dropped 17.61% in 2024, then climbed 2.37% in 2025.
  • South Bow's Debt Ratio stood at 0.5 in 2023, then decreased by 17.61% to 0.41 in 2024, then increased by 2.37% to 0.42 in 2025, then decreased by 0.78% to 0.42 in 2026.
  • Business Quant data shows SOBO's Debt Ratio at 0.42 in Q1 2026, 0.42 in Q4 2025, and 0.41 in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt Ratio (Qtr)
1 Kinder Morgan 112.69 Bn 112.57 Bn 3.07 Bn 0.44
2 Enbridge 110.90 Bn 109.41 Bn 5.23 Bn 0.48
3 Enterprise Products Partners 83.55 Bn 82.64 Bn - 0.41
4 Energy Transfer 72.76 Bn 71.73 Bn 7.40 Bn 0.46
5 Tc Energy 65.92 Bn 58.36 Bn 1.24 Bn -
6 Oneok 60.17 Bn 60.01 Bn 2.81 Bn 0.48
7 Mplx 60.12 Bn 59.09 Bn 2.73 Bn 0.60
8 Targa Resources 59.64 Bn 59.50 Bn 2.14 Bn 0.69
9 Cheniere Energy 56.21 Bn 54.95 Bn 5.29 Bn 0.50
10 South Bow 7.65 Bn 7.01 Bn 417.00 Mn 0.10

Historic Data

Download Data
DateValue
Mar 31, 2026 0.42
Dec 31, 2025 0.42
Sep 30, 2025 0.41
Jun 30, 2025 0.41
Mar 31, 2025 0.41
Dec 31, 2024 0.41
Dec 31, 2023 0.50