South Bow (SOBO) Equity Ratio (2023 - 2025)

South Bow (SOBO) posted Equity Ratio of 0.24 for Q4 2025, up 5.05% on a QoQ basis from 0.23 in Q4 2024, and up 5.05% year-on-year from 0.23 in Q4 2024.

South Bow (SOBO) Equity Ratio (2023 - 2025) Analysis & Trends

South Bow has disclosed Equity Ratio across 3 years of filings, most recently posting 0.24 for Q4 2025.

  • Equity Ratio for Q4 2025 came in at 0.24, up 5.05% year-over-year; the trailing twelve-month figure through Dec 2025 was 0.24 (up 5.05% YoY), and the FY2025 annual result was 0.24, up 5.05% from the prior year.
  • Equity Ratio came in at 0.24 for Q4 2025 at South Bow, up from 0.23 in the prior quarter.
  • Over the last five years, Equity Ratio for SOBO reached as high as 0.24 in Q4 2025 and fell as low as 0.23 in Q4 2024.
  • Median Equity Ratio over the past 3 years was 0.24 (2023), compared with a mean of 0.24.
  • Year-over-year, Equity Ratio fell 2.4% in 2024 and climbed 5.05% in 2025.
  • Over 3 years, Equity Ratio stood at 0.24 in 2023, then slipped by 2.4% to 0.23 in 2024, then grew by 5.05% to 0.24 in 2025.
  • Per Business Quant, the three latest SOBO Equity Ratio figures stand at 0.24 (Q4 2025), 0.23 (Q4 2024), and 0.24 (Q4 2023).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Equity Ratio (Qtr)
1 Enbridge 1,308.38 Bn 1,309.08 Bn 6.70 Bn 0.28
2 Kinder Morgan 112.34 Bn 113.42 Bn 3.08 Bn 0.43
3 Enterprise Products Partners 79.55 Bn 78.40 Bn - 0.38
4 Energy Transfer 65.78 Bn 65.07 Bn 6.62 Bn 0.23
5 Targa Resources 57.60 Bn 57.63 Bn 1.70 Bn 0.12
6 Mplx 57.17 Bn 55.67 Bn 2.54 Bn 0.33
7 Oneok 54.83 Bn 54.70 Bn 2.57 Bn 0.33
8 Cheniere Energy Partners 29.50 Bn 29.22 Bn 838.00 Mn 0.00
9 Venture Global 27.41 Bn 27.36 Bn 4.33 Bn 0.19
10 South Bow - - 417.00 Mn -

Historic Data

Download Data
DateValue
Dec 31, 2025 0.24
Dec 31, 2024 0.23
Dec 31, 2023 0.24