South Bow (SOBO) EBT Margin (2024 - 2026)
South Bow's EBT Margin came in at 21.47% for Q3 2026, down 1.09 percentage points from 22.56% a year earlier and down 10.40 percentage points from the prior quarter.
South Bow (SOBO) EBT Margin (2024 - 2026) Analysis & Trends
Over the trailing twelve months to Sep 30, 2026, South Bow reported EBT Margin of 26.38%, up 6.49 percentage points year-over-year; for FY2025, it was 25.03%, up 5.31 percentage points from FY2024.
- Going back by year, EBT Margin was 19.72% in FY2024 (-8.31 pp) and 28.03% in FY2023.
- The Q3 2026 figure represents the lowest quarterly EBT Margin since Q4 2024.
- Year-over-year, EBT Margin increased in four of the last five quarters, with an average year-over-year change of +6.46 percentage points.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBT Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Enbridge | 102.29 Bn | 97.89 Bn | 4.84 Bn | 6.86% |
| 2 | Enterprise Products Partners | 79.85 Bn | 78.21 Bn | - | 9.22% |
| 3 | Williams Companies | 79.33 Bn | 76.36 Bn | 2.59 Bn | 30.65% |
| 4 | Kinder Morgan | 66.78 Bn | 65.63 Bn | 2.97 Bn | 21.63% |
| 5 | Energy Transfer | 65.10 Bn | 60.93 Bn | 6.57 Bn | 5.39% |
| 6 | Tc Energy | 64.42 Bn | 61.18 Bn | - | - |
| 7 | Cheniere Energy | 58.11 Bn | 52.26 Bn | 2.97 Bn | 26.79% |
| 8 | Targa Resources | 56.77 Bn | 56.23 Bn | 2.02 Bn | 15.20% |
| 9 | Mplx | 56.70 Bn | 50.73 Bn | 3.19 Bn | 32.62% |
| 10 | South Bow | 6.47 Bn | 4.03 Bn | 407.00 Mn | 21.47% |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 21.47% |
| Jun 30, 2026 | 31.87% |
| Dec 31, 2025 | 30.42% |
| Sep 30, 2025 | 22.56% |
| Jun 30, 2025 | 24.05% |
| Dec 31, 2024 | 14.75% |
| Sep 30, 2024 | 16.85% |
| Jun 30, 2024 | 19.86% |
| Mar 31, 2024 | 26.84% |
South Bow EBT 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=ebt-margin&ticker=SOBO&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ebt-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=ebt-margin&ticker=SOBO&period=max&api_key=YOUR_API_KEY");
const data = await res.json();