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| Date | Value |
|---|---|
| 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 |