South Bow (SOBO) EBIT Margin (2024 - 2026)
South Bow (SOBO) posted quarterly EBIT Margin of 45.62% for Q1 2026, down 317.0% year-over-year from 21.02% in Q1 2025, and up 175.73% quarter-over-quarter from 60.24% in Q4 2025.
South Bow (SOBO) EBIT Margin (2024 - 2026) Analysis & Trends
South Bow's EBIT Margin history runs 3 years deep, the most recent figure standing at 45.62% for Q1 2026.
- In Q1 2026, EBIT Margin fell 317.0% year-over-year to 45.62%; the TTM figure through Mar 2026 stood at 19.35% (up 344.0% YoY), while the FY2025 annual figure was 20.24%, up 284.0% from the prior year.
- EBIT Margin for Q1 2026 stood at 45.62%, up from 60.24% in the prior quarter.
- The five-year high for EBIT Margin was 51.84% in Q1 2024, with the low at 82.58% in Q4 2024.
- The 3-year median for EBIT Margin is 45.62% (2026), against an average of 20.8%.
- The sharpest annual moves came in 2025 and 2026: EBIT Margin jumped 2234 bps in 2025, then slumped 317 bps in 2026.
- South Bow's EBIT Margin stood at 82.58% in 2024, then grew by 27 bps to 60.24% in 2025, then surged by 176 bps to 45.62% in 2026.
- Business Quant data shows SOBO's EBIT Margin at 45.62% in Q1 2026, 60.24% in Q4 2025, and 46.2% in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBIT Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Kinder Morgan | 112.69 Bn | 112.57 Bn | 3.07 Bn | 30.06% |
| 2 | Enbridge | 110.69 Bn | 109.19 Bn | 5.23 Bn | 9.93% |
| 3 | Enterprise Products Partners | 83.45 Bn | 82.54 Bn | - | 12.31% |
| 4 | Energy Transfer | 72.64 Bn | 71.61 Bn | 7.40 Bn | 10.41% |
| 5 | Tc Energy | 65.84 Bn | 58.29 Bn | 1.24 Bn | 29.84% |
| 6 | Mplx | 60.05 Bn | 59.02 Bn | 2.73 Bn | 41.61% |
| 7 | Oneok | 59.98 Bn | 59.82 Bn | 2.81 Bn | 13.22% |
| 8 | Targa Resources | 59.50 Bn | 59.37 Bn | 2.14 Bn | 27.80% |
| 9 | Cheniere Energy | 55.93 Bn | 54.68 Bn | 5.29 Bn | 74.84% |
| 10 | South Bow | 7.64 Bn | 7.00 Bn | 417.00 Mn | 45.62% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 45.62% |
| Dec 31, 2025 | -60.24% |
| Sep 30, 2025 | 46.20% |
| Jun 30, 2025 | 47.52% |
| Mar 31, 2025 | 48.80% |
| Dec 31, 2024 | -82.58% |
| Sep 30, 2024 | 45.32% |
| Jun 30, 2024 | 44.77% |
| Mar 31, 2024 | 51.84% |