South Bow (SOBO) EBT (2023 - 2026)

South Bow (SOBO) posted EBT of $100.0 million for Q1 2026, down 34.64% on a QoQ basis from $153.0 million in Q4 2025, and down 12.28% year-on-year from $114.0 million in Q1 2025.

South Bow (SOBO) EBT (2023 - 2026) Analysis & Trends

South Bow has disclosed EBT across 4 years of filings, most recently posting $100.0 million for Q1 2026.

  • EBT for Q1 2026 came in at $100.0 million, down 12.28% year-over-year; the trailing twelve-month figure through Mar 2026 was $483.0 million (up 25.13% YoY), and the FY2025 annual result was $497.0 million, up 18.9% from the prior year.
  • EBT came in at $100.0 million for Q1 2026 at South Bow, down from $153.0 million in the prior quarter.
  • Over the last five years, EBT for SOBO reached as high as $203.0 million in Q4 2023 and fell as low as $72.0 million in Q4 2024.
  • Median EBT over the past 4 years was $112.0 million (2024), compared with a mean of $121.8 million.
  • Year-over-year, EBT sank 64.53% in 2024 and jumped 112.5% in 2025.
  • Over 4 years, EBT stood at $203.0 million in 2023, then slumped by 64.53% to $72.0 million in 2024, then jumped by 112.5% to $153.0 million in 2025, then plunged by 34.64% to $100.0 million in 2026.
  • Per Business Quant, the three latest SOBO EBT figures stand at $100.0 million (Q1 2026), $153.0 million (Q4 2025), and $104.0 million (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) EBT (Qtr)
1 Enbridge 1,308.38 Bn 1,309.08 Bn 6.70 Bn 1.72 Bn
2 Kinder Morgan 112.34 Bn 113.42 Bn 3.08 Bn 1.29 Bn
3 Enterprise Products Partners 79.55 Bn 78.40 Bn - 1.52 Bn
4 Energy Transfer 65.78 Bn 65.07 Bn 6.62 Bn 2.11 Bn
5 Targa Resources 57.60 Bn 57.63 Bn 1.70 Bn 611.30 Mn
6 Mplx 57.17 Bn 55.67 Bn 2.54 Bn 923.00 Mn
7 Oneok 54.83 Bn 54.70 Bn 2.57 Bn 1.02 Bn
8 Cheniere Energy Partners 29.50 Bn 29.22 Bn 838.00 Mn 183.00 Mn
9 Venture Global 27.41 Bn 27.36 Bn 4.33 Bn 736.00 Mn
10 South Bow - - 417.00 Mn 100.00 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 100.00 Mn
Dec 31, 2025 153.00 Mn
Sep 30, 2025 104.00 Mn
Jun 30, 2025 126.00 Mn
Mar 31, 2025 114.00 Mn
Dec 31, 2024 72.00 Mn
Sep 30, 2024 90.00 Mn
Jun 30, 2024 110.00 Mn
Mar 31, 2024 146.00 Mn
Dec 31, 2023 203.00 Mn