South Bow (SOBO) EBITDA Margin (2024 - 2026)
South Bow (SOBO) recorded EBITDA Margin of 50.89% in Q3 2026, down 3.77 percentage points from 54.66% a year earlier and down 8.26 percentage points from the prior quarter.
Powered by 
Analysis
South Bow (SOBO) EBITDA Margin (2024 - 2026) Analysis & Trends
On a TTM basis, South Bow's EBITDA Margin came in at 55.07% as of Sep 30, 2026, up 4.03 percentage points year-over-year; for FY2025, it was 32.68%, up 3.67 percentage points from FY2024.
- Across earlier years, EBITDA Margin came in at 29.01% in FY2024 (-0.57 pp) and 29.58% in FY2023.
- The Q3 2026 figure is the lowest quarterly EBITDA Margin since Q4 2024.
- On a year-over-year basis, EBITDA Margin rose in four of the last five quarters, with an average year-over-year change of +5.16 percentage points.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Enbridge | 102.29 Bn | 97.89 Bn | 4.84 Bn | 14.80% |
| 2 | Enterprise Products Partners | 79.85 Bn | 78.21 Bn | - | 14.64% |
| 3 | Williams Companies | 79.33 Bn | 76.36 Bn | 2.59 Bn | 54.48% |
| 4 | Kinder Morgan | 66.78 Bn | 65.63 Bn | 2.97 Bn | 39.46% |
| 5 | Energy Transfer | 65.10 Bn | 60.93 Bn | 6.57 Bn | 11.80% |
| 6 | Tc Energy | 64.42 Bn | 61.18 Bn | - | - |
| 7 | Cheniere Energy | 58.11 Bn | 52.26 Bn | 2.97 Bn | 37.39% |
| 8 | Targa Resources | 56.77 Bn | 56.23 Bn | 2.02 Bn | 27.89% |
| 9 | Mplx | 56.70 Bn | 50.73 Bn | 3.19 Bn | 51.65% |
| 10 | South Bow | 6.47 Bn | 4.03 Bn | 407.00 Mn | 50.89% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 50.89% |
| Jun 30, 2026 | 59.16% |
| Dec 31, 2025 | 58.45% |
| Sep 30, 2025 | 54.66% |
| Jun 30, 2025 | 51.53% |
| Dec 31, 2024 | 44.67% |
| Sep 30, 2024 | 49.81% |
| Jun 30, 2024 | 48.19% |
| Mar 31, 2024 | 55.33% |
API Access
South Bow EBITDA Margin 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=ebitda-margin&ticker=SOBO&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ebitda-margin", "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=ebitda-margin&ticker=SOBO&period=max&api_key=YOUR_API_KEY");
const data = await res.json();