South Bow (SOBO) Debt to Equity (2023 - 2025)
South Bow (SOBO) posted Debt to Equity of $1.73 for Q4 2025, down 2.55% on a QoQ basis from $1.77 in Q4 2024, and down 2.55% year-on-year from $1.77 in Q4 2024.
South Bow (SOBO) Debt to Equity (2023 - 2025) Analysis & Trends
South Bow has disclosed Debt to Equity across 3 years of filings, most recently posting $1.73 for Q4 2025.
- Debt to Equity for Q4 2025 came in at $1.73, down 2.55% year-over-year; the trailing twelve-month figure through Dec 2025 was $1.73 (down 2.55% YoY), and the FY2025 annual result was $1.73, down 2.55% from the prior year.
- Debt to Equity came in at $1.73 for Q4 2025 at South Bow, down from $1.77 in the prior quarter.
- Over the last five years, Debt to Equity for SOBO reached as high as $2.1 in Q4 2023 and fell as low as $1.73 in Q4 2025.
- Median Debt to Equity over the past 3 years was $1.77 (2024), compared with a mean of $1.87.
- Year-over-year, Debt to Equity retreated 15.59% in 2024 and fell 2.55% in 2025.
- Over 3 years, Debt to Equity stood at $2.1 in 2023, then declined by 15.59% to $1.77 in 2024, then slipped by 2.55% to $1.73 in 2025.
- Per Business Quant, the three latest SOBO Debt to Equity figures stand at $1.73 (Q4 2025), $1.77 (Q4 2024), and $2.1 (Q4 2023).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt/Equity (Qtr) |
|---|---|---|---|---|---|
| 1 | Enbridge | 1,308.38 Bn | 1,309.08 Bn | 6.70 Bn | 1.66 |
| 2 | Kinder Morgan | 112.34 Bn | 113.42 Bn | 3.08 Bn | 1.02 |
| 3 | Enterprise Products Partners | 79.55 Bn | 78.40 Bn | - | 1.12 |
| 4 | Energy Transfer | 65.78 Bn | 65.07 Bn | 6.62 Bn | 2.01 |
| 5 | Targa Resources | 57.60 Bn | 57.63 Bn | 1.70 Bn | 5.85 |
| 6 | Mplx | 57.17 Bn | 55.67 Bn | 2.54 Bn | 1.79 |
| 7 | Oneok | 54.83 Bn | 54.70 Bn | 2.57 Bn | 1.43 |
| 8 | Cheniere Energy Partners | 29.50 Bn | 29.22 Bn | 838.00 Mn | 182.28 |
| 9 | Venture Global | 27.41 Bn | 27.36 Bn | 4.33 Bn | 3.41 |
| 10 | South Bow | - | - | 417.00 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 1.73 |
| Dec 31, 2024 | 1.77 |
| Dec 31, 2023 | 2.10 |