South Bow (SOBO) Deferred Taxes (2024 - 2026)
South Bow's (SOBO) quarterly Deferred Taxes came in at $11.0 million in Q1 2026, up 175.0% year-on-year from $4.0 million in Q1 2025, and up 142.31% quarter-over-quarter from -$26.0 million in Q4 2025.
South Bow (SOBO) Deferred Taxes (2024 - 2026) Analysis & Trends
South Bow's Deferred Taxes history runs 3 years deep, the most recent figure standing at $11.0 million for Q1 2026.
- On a quarterly basis, Deferred Taxes rose 175.0% year-over-year to $11.0 million in Q1 2026; TTM through Mar 2026 was $87.0 million, a 50.0% increase from a year earlier, with the FY2025 full-year figure at $80.0 million, up 35.59% from the prior year.
- Deferred Taxes advanced to $11.0 million in Q1 2026 per SOBO's latest filing, from -$26.0 million in the prior quarter.
- Across five years, Deferred Taxes topped out at $82.0 million in Q3 2025 and bottomed at -$26.0 million in Q4 2025.
- The 3-year median for Deferred Taxes is $11.0 million (2024), against an average of $16.7 million.
- Biggest YoY gain for Deferred Taxes was 183.33% in 2025; the steepest drop was 336.36% in 2025.
- Year by year, 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 | DHT Holdings | 2,706.13 Bn | 2,706.00 Bn | 167.16 Mn | - |
| 2 | Flex LNG | 1,674.16 Bn | 1,673.77 Bn | 61.79 Mn | - |
| 3 | Kinder Morgan | 112.74 Bn | 113.82 Bn | 3.07 Bn | 295.00 Mn |
| 4 | Enbridge | 89.82 Bn | 89.03 Bn | 6.70 Bn | 197.61 Mn |
| 5 | Enterprise Products Partners | 83.97 Bn | 82.82 Bn | - | 14.00 Mn |
| 6 | Tc Energy | 72.76 Bn | 73.95 Bn | 1.36 Bn | 76.73 Mn |
| 7 | Energy Transfer | 70.27 Bn | 69.30 Bn | 6.62 Bn | 93.00 Mn |
| 8 | Targa Resources | 61.30 Bn | 61.34 Bn | 1.70 Bn | 123.90 Mn |
| 9 | Oneok | 61.15 Bn | 61.02 Bn | 8.98 Bn | 256.00 Mn |
| 10 | South Bow | 8.06 Bn | 7.46 Bn | 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 |