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

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

• In Q1 2026, EBT Margin fell 252.0% year-over-year to 20.37%; the TTM figure through Mar 2026 stood at 24.41% (up 579.0% YoY), while the FY2025 annual figure was 25.03%, up 531.0% from the prior year.
• EBT Margin was 20.37% for Q1 2026 at South Bow, down from 30.42% in the prior quarter.
• In the past five years, EBT Margin ranged from a high of 30.42% in Q4 2025 to a low of 14.75% in Q4 2024.
• Historically, EBT Margin has averaged 22.06% across 3 years, with a median of 22.56% in 2025.
• Biggest YoY gain for EBT Margin was 1566 bps in 2025; the steepest drop was 395 bps in 2025.
• A 3-year view of EBT Margin shows it stood at 14.75% in 2024, then soared by 106 bps to 30.42% in 2025, then sank by 33 bps to 20.37% in 2026.
• The last three EBT Margin figures came in at 20.37% (Q1 2026), 30.42% (Q4 2025), and 22.56% (Q3 2025), per Business Quant data.