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

South Bow's FCF Margin history runs 3 years deep, the most recent figure standing at 41.75% for Q1 2026.

• In Q1 2026, FCF Margin rose 2308.0% year-over-year to 41.75%; the TTM figure through Mar 2026 stood at 10.51% (up 390.0% YoY), while the FY2025 annual figure was 34.64%, up 1059.0% from the prior year.
• FCF Margin was 41.75% for Q1 2026 at South Bow, up from 0.2% in the prior quarter.
• In the past five years, FCF Margin ranged from a high of 41.75% in Q1 2026 to a low of 2.05% in Q4 2024.
• Historically, FCF Margin has averaged 7.96% across 3 years, with a median of 2.21% in 2024.
• The sharpest annual moves came in 2025 and 2026: FCF Margin tumbled 879 bps in 2025, then soared 2308 bps in 2026.
• A 3-year view of FCF Margin shows it stood at 2.05% in 2024, then jumped by 90 bps to 0.2% in 2025, then jumped by 21101 bps to 41.75% in 2026.
• The last three FCF Margin figures came in at 41.75% (Q1 2026), 0.2% (Q4 2025), and 2.82% (Q3 2025), per Business Quant data.