South Bow (SOBO) Deferred Taxes (2024 - 2026)

South Bow (SOBO) posted Deferred Taxes of $11.0 million for Q1 2026, up 142.31% on a QoQ basis from -$26.0 million in Q4 2025, and up 175.0% year-on-year from $4.0 million in Q1 2025.

South Bow (SOBO) Deferred Taxes (2024 - 2026) Analysis & Trends

South Bow has disclosed Deferred Taxes across 3 years of filings, most recently posting $11.0 million for Q1 2026.

  • Deferred Taxes for Q1 2026 came in at $11.0 million, up 175.0% year-over-year; the trailing twelve-month figure through Mar 2026 was $87.0 million (up 50.0% YoY), and the FY2025 annual result was $80.0 million, up 35.59% from the prior year.
  • Deferred Taxes came in at $11.0 million for Q1 2026 at South Bow, up from -$26.0 million in the prior quarter.
  • Over the last five years, Deferred Taxes for SOBO reached as high as $82.0 million in Q3 2025 and fell as low as -$26.0 million in Q4 2025.
  • Median Deferred Taxes over the past 3 years was $11.0 million (2024), compared with a mean of $16.7 million.
  • On a YoY basis, Deferred Taxes climbed as much as 183.33% in 2025 and fell as far as 336.36% in 2025.
  • Over 3 years, Deferred Taxes stood at $11.0 million in 2024, then sank by 336.36% to -$26.0 million in 2025, then surged by 142.31% to $11.0 million in 2026.
  • Per Business Quant, the three latest SOBO Deferred Taxes figures stand at $11.0 million (Q1 2026), -$26.0 million (Q4 2025), and $82.0 million (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Deferred Taxes (Qtr)
1 Enbridge 1,308.38 Bn 1,309.08 Bn 6.70 Bn 197.61 Mn
2 Kinder Morgan 112.34 Bn 113.42 Bn 3.08 Bn 281.00 Mn
3 Enterprise Products Partners 79.55 Bn 78.40 Bn - 14.00 Mn
4 Energy Transfer 65.78 Bn 65.07 Bn 6.62 Bn 93.00 Mn
5 Targa Resources 57.60 Bn 57.63 Bn 1.70 Bn 123.90 Mn
6 Mplx 57.17 Bn 55.67 Bn 2.54 Bn -
7 Oneok 54.83 Bn 54.70 Bn 2.57 Bn 256.00 Mn
8 Cheniere Energy Partners 29.50 Bn 29.22 Bn 838.00 Mn -
9 Venture Global 27.41 Bn 27.36 Bn 4.33 Bn 97.00 Mn
10 South Bow - - 417.00 Mn 11.00 Mn

Historic Data

Download Data
DateValue
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