South Bow (SOBO) Deferred Taxes (2024 - 2026)
South Bow (SOBO) posted Deferred Taxes of $21.0 million for Q2 2026, up 90.91% on a QoQ basis from $11.0 million in Q1 2026, and up 5.0% year-over-year from $20.0 million in Q2 2025.
Analysis
South Bow (SOBO) Deferred Taxes (2024 - 2026) Analysis & Trends
South Bow has reported Deferred Taxes for 3 years, with the latest figure at $21.0 million in Q2 2026.
- On a quarterly basis, Deferred Taxes rose 5.0% year-over-year to $21.0 million in Q2 2026; TTM through Jun 2026 was $88.0 million, a 13.73% decrease from a year earlier, with the FY2025 full-year figure at $80.0 million, up 35.59% from the prior year.
- Deferred Taxes was $21.0 million for Q2 2026 at South Bow, up from $11.0 million in the prior quarter.
- The five-year high for Deferred Taxes was $82.0 million in Q3 2025, with the low at -$26.0 million in Q4 2025.
- Average Deferred Taxes over 3 years is $17.1 million, with a median of $11.0 million recorded in 2024.
- The largest YoY upside for Deferred Taxes was 183.33% in 2025 against a maximum downside of 336.36% in 2025.
- Over 3 years, Deferred Taxes stood at $11.0 million in 2024, then slumped by 336.36% to -$26.0 million in 2025, then jumped by 180.77% to $21.0 million in 2026.
- The last three Deferred Taxes figures came in at $21.0 million (Q2 2026), $11.0 million (Q1 2026), and -$26.0 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Deferred Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Kinder Morgan | 111.69 Bn | 112.81 Bn | 3.07 Bn | 295.00 Mn |
| 2 | Enterprise Products Partners | 84.07 Bn | 83.21 Bn | - | 5.00 Mn |
| 3 | Energy Transfer | 74.03 Bn | 73.00 Bn | 7.40 Bn | 74.00 Mn |
| 4 | Tc Energy | 65.16 Bn | 64.62 Bn | 1.80 Bn | 160.49 Mn |
| 5 | Targa Resources | 62.18 Bn | 62.19 Bn | 2.14 Bn | 226.40 Mn |
| 6 | Mplx | 60.51 Bn | 59.48 Bn | 2.73 Bn | - |
| 7 | Oneok | 60.16 Bn | 60.09 Bn | 2.81 Bn | 289.00 Mn |
| 8 | Enbridge | 54.38 Bn | 54.88 Bn | 5.23 Bn | 133.02 Mn |
| 9 | Pembina Pipeline | 28.12 Bn | 27.76 Bn | 933.00 Mn | 140.00 Mn |
| 10 | South Bow | 7.72 Bn | 6.95 Bn | 485.00 Mn | 21.00 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 21.00 Mn |
| Mar 31, 2026 | 11.00 Mn |
| Dec 31, 2025 | -26.00 Mn |
| Sep 30, 2025 | 82.00 Mn |
| Jun 30, 2025 | 20.00 Mn |
| Mar 31, 2025 | 4.00 Mn |
| Dec 31, 2024 | 11.00 Mn |
| Sep 30, 2024 | 67.00 Mn |
| Jun 30, 2024 | -24.00 Mn |
| Mar 31, 2024 | 5.00 Mn |