South Bow (SOBO) Deferred Taxes (2024 - 2026)
South Bow (SOBO) reported Deferred Taxes of $22 million for Q3 2026, down 73.2% from $82 million a year earlier but up 4.8% from the prior quarter.
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Analysis
South Bow (SOBO) Deferred Taxes (2024 - 2026) Analysis & Trends
Over the twelve months ended Sep 30, 2026, South Bow's Deferred Taxes came in at $28 million, down 76.1% year-over-year; for FY2025, it came in at $80 million, up 35.6% from FY2024.
- By year, Deferred Taxes came in at $59 million in FY2024 (-11.9%) and $67 million in FY2023.
- Five-year quarterly Deferred Taxes spans a low of -$26 million in Q4 2025 and a high of $82 million in Q3 2025.
- Year over year, Deferred Taxes gained in three of the last five quarters, with growth averaging 21.8%.
- Per Business Quant data, the three quarters before Q3 2026 came in at $21 million (Q2 2026), $11 million (Q1 2026) and -$26 million (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Deferred Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Enbridge | 102.29 Bn | 97.89 Bn | 4.84 Bn | 133.02 Mn |
| 2 | Enterprise Products Partners | 79.85 Bn | 78.21 Bn | - | 11.00 Mn |
| 3 | Williams Companies | 79.33 Bn | 76.36 Bn | 2.59 Bn | - |
| 4 | Kinder Morgan | 66.78 Bn | 65.63 Bn | 2.97 Bn | 194.00 Mn |
| 5 | Energy Transfer | 65.10 Bn | 60.93 Bn | 6.57 Bn | 21.00 Mn |
| 6 | Tc Energy | 64.42 Bn | 61.18 Bn | - | 125.01 Mn |
| 7 | Cheniere Energy | 58.11 Bn | 52.26 Bn | 2.97 Bn | 69.00 Mn |
| 8 | Targa Resources | 56.77 Bn | 56.23 Bn | 2.02 Bn | 174.40 Mn |
| 9 | Mplx | 56.70 Bn | 50.73 Bn | 3.19 Bn | - |
| 10 | South Bow | 6.47 Bn | 4.03 Bn | 407.00 Mn | 22.00 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 22.00 Mn |
| 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 |
API Access
South Bow Deferred Taxes 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=deferred-taxes&ticker=SOBO&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "deferred-taxes", "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=deferred-taxes&ticker=SOBO&period=max&api_key=YOUR_API_KEY");
const data = await res.json();