South Bow (SOBO) EBT Margin (2024 - 2026)

South Bow's (SOBO) quarterly EBT Margin came in at 20.37% in Q1 2026, down 252.0% year-on-year from 13.4% in Q1 2025, and down 33.04% quarter-over-quarter from 30.42% in Q4 2025.

South Bow (SOBO) EBT Margin (2024 - 2026) Analysis & Trends

South Bow's EBT Margin history runs 3 years deep, the most recent figure standing at 20.37% for Q1 2026.

  • On a quarterly basis, EBT Margin fell 252.0% year-over-year to 20.37% in Q1 2026; TTM through Mar 2026 was 24.41%, a 579.0% increase from a year earlier, with the FY2025 full-year figure at 25.03%, up 531.0% from the prior year.
  • EBT Margin slipped to 20.37% in Q1 2026 per SOBO's latest filing, from 30.42% in the prior quarter.
  • Across five years, EBT Margin topped out at 30.42% in Q4 2025 and bottomed at 14.75% in Q4 2024.
  • The 3-year median for EBT Margin is 22.56% (2025), against an average of 22.06%.
  • Biggest YoY gain for EBT Margin was 1566 bps in 2025; the steepest drop was 395 bps in 2025.
  • Year by year, EBT Margin stood at 14.75% in 2024, then soared by 106 bps to 30.42% in 2025, then tumbled by 33 bps to 20.37% in 2026.
  • Per Business Quant, the three latest SOBO EBT Margin figures stand at 20.37% (Q1 2026), 30.42% (Q4 2025), and 22.56% (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) EBT Margin (Qtr)
1 DHT Holdings 2,706.13 Bn 2,706.00 Bn 167.16 Mn 88.39%
2 Flex LNG 1,674.16 Bn 1,673.77 Bn 61.79 Mn 24.28%
3 Kinder Morgan 112.74 Bn 113.82 Bn 3.07 Bn 26.04%
4 Enbridge 89.82 Bn 89.03 Bn 6.70 Bn 10.58%
5 Enterprise Products Partners 83.97 Bn 82.82 Bn - 10.55%
6 Tc Energy 72.76 Bn 73.95 Bn 1.36 Bn 73.18%
7 Energy Transfer 70.27 Bn 69.30 Bn 6.62 Bn 7.60%
8 Targa Resources 61.30 Bn 61.34 Bn 1.70 Bn 14.93%
9 Oneok 61.15 Bn 61.02 Bn 8.98 Bn 10.62%
10 South Bow 8.06 Bn 7.46 Bn 417.00 Mn 20.37%

Historic Data

Download Data
DateValue
Mar 31, 2026 20.37%
Dec 31, 2025 30.42%
Sep 30, 2025 22.56%
Jun 30, 2025 24.05%
Mar 31, 2025 22.89%
Dec 31, 2024 14.75%
Sep 30, 2024 16.85%
Jun 30, 2024 19.86%
Mar 31, 2024 26.84%