South Bow (SOBO) EBITDA Margin (2024 - 2026)
South Bow (SOBO) recorded EBITDA Margin of 59.16% in the quarter ended Jun 30, 2026, up 7.63 percentage points from 51.53% a year earlier and up 8.65 percentage points from the prior quarter.
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Analysis
South Bow (SOBO) EBITDA Margin (2024 - 2026) Analysis & Trends
On a TTM basis, South Bow's EBITDA Margin came in at 55.82% as of Jun 30, 2026, up 10.37 percentage points year-over-year; for the year ended Dec 31, 2025, it was 32.68%, up 3.67 percentage points from the prior year.
- Across earlier years, EBITDA Margin came in at 29.01% in the year ended Dec 31, 2024 (-0.57 pp) and 29.58% in the year ended Dec 31, 2023.
- The figure for the quarter ended Jun 30, 2026 is the highest quarterly EBITDA Margin in data going back to the quarter ended Mar 31, 2024.
- On a year-over-year basis, EBITDA Margin rose in four of the last six quarters, with an average year-over-year change of +7.00 percentage points.
- Per Business Quant, the preceding three quarters came in at 50.51% (quarter ended Mar 31, 2026), 58.45% (quarter ended Dec 31, 2025) and 54.66% (quarter ended Sep 30, 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Enbridge | 102.52 Bn | 100.06 Bn | 4.84 Bn | 14.80% |
| 2 | Enterprise Products Partners | 79.27 Bn | 77.71 Bn | - | 15.74% |
| 3 | Energy Transfer | 69.21 Bn | 62.65 Bn | 7.40 Bn | 15.00% |
| 4 | Kinder Morgan | 68.17 Bn | 69.12 Bn | 3.07 Bn | 43.91% |
| 5 | Tc Energy | 61.09 Bn | 64.16 Bn | 2.81 Bn | 153.90% |
| 6 | Targa Resources | 59.48 Bn | 59.10 Bn | 2.14 Bn | 38.01% |
| 7 | Mplx | 58.45 Bn | 52.01 Bn | 2.91 Bn | 52.63% |
| 8 | Oneok | 55.88 Bn | 54.37 Bn | 2.81 Bn | 16.43% |
| 9 | Cheniere Energy | 55.70 Bn | 55.83 Bn | 5.29 Bn | 81.47% |
| 10 | South Bow | 7.08 Bn | 4.80 Bn | 485.00 Mn | 59.16% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 59.16% |
| Mar 31, 2026 | 50.51% |
| Dec 31, 2025 | 58.45% |
| Sep 30, 2025 | 54.66% |
| Jun 30, 2025 | 51.53% |
| Mar 31, 2025 | 52.01% |
| Dec 31, 2024 | 27.46% |
| 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();