South Bow (SOBO) Enterprise Value (2023 - 2026)
South Bow's (SOBO) quarterly Enterprise Value came in at -$599.0 million in Q1 2026, down 53.59% year-on-year from -$1.3 billion in Q1 2025, and down 19.56% quarter-over-quarter from -$501.0 million in Q3 2025.
South Bow (SOBO) Enterprise Value (2023 - 2026) Analysis & Trends
South Bow's Enterprise Value history runs 4 years deep, the most recent figure standing at -$599.0 million for Q1 2026.
- On a quarterly basis, Enterprise Value fell 53.59% year-over-year to -$599.0 million in Q1 2026; TTM through Mar 2026 was -$599.0 million, a 53.59% decrease from a year earlier, with the FY2023 full-year figure at -$262.0 million, changed N/A from the prior year.
- Enterprise Value slipped to -$599.0 million in Q1 2026 per SOBO's latest filing, from -$501.0 million in the prior quarter.
- Across five years, Enterprise Value topped out at -$262.0 million in Q4 2023 and bottomed at -$5.2 billion in Q3 2024.
- The 4-year median for Enterprise Value is -$476.5 million (2025), against an average of -$1.2 billion.
- Across the five-year window, Enterprise Value jumped 90.34% in 2025 and plunged 53.59% in 2026, its largest moves.
- Year by year, Enterprise Value stood at -$262.0 million in 2023, then tumbled by 1879.39% to -$5.2 billion in 2024, then soared by 90.34% to -$501.0 million in 2025, then slipped by 19.56% to -$599.0 million in 2026.
- Per Business Quant, the three latest SOBO Enterprise Value figures stand at -$599.0 million (Q1 2026), -$501.0 million (Q3 2025), and -$452.0 million (Q2 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Enterprise Value (Qtr) |
|---|---|---|---|---|---|
| 1 | DHT Holdings | 2,706.13 Bn | 2,706.00 Bn | 167.16 Mn | -126.77 Mn |
| 2 | Flex LNG | 1,674.16 Bn | 1,673.77 Bn | 61.79 Mn | -389.07 Mn |
| 3 | Kinder Morgan | 112.74 Bn | 113.82 Bn | 3.07 Bn | 1.13 Bn |
| 4 | Enbridge | 89.82 Bn | 89.03 Bn | 6.70 Bn | 700.77 Mn |
| 5 | Enterprise Products Partners | 83.97 Bn | 82.82 Bn | - | -1.15 Bn |
| 6 | Tc Energy | 72.76 Bn | 73.95 Bn | 1.36 Bn | 1.19 Bn |
| 7 | Energy Transfer | 70.27 Bn | 69.30 Bn | 6.62 Bn | -971.00 Mn |
| 8 | Targa Resources | 61.30 Bn | 61.34 Bn | 1.70 Bn | 32.40 Mn |
| 9 | Oneok | 61.15 Bn | 61.02 Bn | 8.98 Bn | -131.00 Mn |
| 10 | South Bow | 8.06 Bn | 7.46 Bn | 417.00 Mn | -599.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -599.00 Mn |
| Sep 30, 2025 | -501.00 Mn |
| Jun 30, 2025 | -452.00 Mn |
| Mar 31, 2025 | -390.00 Mn |
| Sep 30, 2024 | -5.19 Bn |
| Dec 31, 2023 | -262.00 Mn |