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

South Bow (SOBO) posted EBT Margin of 20.37% for Q1 2026, down 33.04% on a QoQ basis from 30.42% in Q4 2025, and down 252.0% year-on-year from 13.4% in Q1 2025.

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

South Bow has disclosed EBT Margin across 3 years of filings, most recently posting 20.37% for Q1 2026.

  • EBT Margin for Q1 2026 came in at 20.37%, down 252.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 24.41% (up 579.0% YoY), and the FY2025 annual result was 25.03%, up 531.0% from the prior year.
  • EBT Margin came in at 20.37% for Q1 2026 at South Bow, down from 30.42% in the prior quarter.
  • Over the last five years, EBT Margin for SOBO reached as high as 30.42% in Q4 2025 and fell as low as 14.75% in Q4 2024.
  • Median EBT Margin over the past 3 years was 22.56% (2025), compared with a mean of 22.06%.
  • On a YoY basis, EBT Margin climbed as much as 1566 bps in 2025 and fell as far as 395 bps in 2025.
  • Over 3 years, 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 Enbridge 1,308.38 Bn 1,309.08 Bn 6.70 Bn 10.58%
2 Kinder Morgan 112.34 Bn 113.42 Bn 3.08 Bn 26.68%
3 Enterprise Products Partners 79.55 Bn 78.40 Bn - 10.55%
4 Energy Transfer 65.78 Bn 65.07 Bn 6.62 Bn 7.60%
5 Targa Resources 57.60 Bn 57.63 Bn 1.70 Bn 14.93%
6 Mplx 57.17 Bn 55.67 Bn 2.54 Bn 30.38%
7 Oneok 54.83 Bn 54.70 Bn 2.57 Bn 10.62%
8 Cheniere Energy Partners 29.50 Bn 29.22 Bn 838.00 Mn 5.08%
9 Venture Global 27.41 Bn 27.36 Bn 4.33 Bn 16.00%
10 South Bow - - 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%