South Bow (SOBO) FCF Margin (2024 - 2026)
South Bow's (SOBO) quarterly FCF Margin came in at 32.38% in Q1 2026, up 1371.0% year-on-year from 2.2% in Q1 2025, and up 16388.59% quarter-over-quarter from 0.2% in Q4 2025.
South Bow (SOBO) FCF Margin (2024 - 2026) Analysis & Trends
South Bow's FCF Margin history runs 3 years deep, the most recent figure standing at 32.38% for Q1 2026.
- On a quarterly basis, FCF Margin rose 1371.0% year-over-year to 32.38% in Q1 2026; TTM through Mar 2026 was 8.19%, a 158.0% increase from a year earlier, with the FY2025 full-year figure at 34.64%, up 1059.0% from the prior year.
- FCF Margin rose to 32.38% in Q1 2026 per SOBO's latest filing, from 0.2% in the prior quarter.
- Across five years, FCF Margin topped out at 32.38% in Q1 2026 and bottomed at 2.21% in Q1 2024.
- The 3-year median for FCF Margin is 0.2% (2025), against an average of 6.43%.
- Biggest YoY gain for FCF Margin was 2088 bps in 2025; the steepest drop was 879 bps in 2025.
- Year by year, FCF Margin stood at 2.05% in 2024, then jumped by 90 bps to 0.2% in 2025, then surged by 16389 bps to 32.38% in 2026.
- Per Business Quant, the three latest SOBO FCF Margin figures stand at 32.38% (Q1 2026), 0.2% (Q4 2025), and 2.82% (Q3 2025).
Powered by 
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | DHT Holdings | 2,706.13 Bn | 2,706.00 Bn | 167.16 Mn | 53.09% |
| 2 | Flex LNG | 1,674.16 Bn | 1,673.77 Bn | 61.79 Mn | 15.79% |
| 3 | Kinder Morgan | 112.74 Bn | 113.82 Bn | 3.07 Bn | 21.84% |
| 4 | Enbridge | 89.82 Bn | 89.03 Bn | 6.70 Bn | -0.43% |
| 5 | Enterprise Products Partners | 83.97 Bn | 82.82 Bn | - | 3.38% |
| 6 | Tc Energy | 72.76 Bn | 73.95 Bn | 1.36 Bn | 97.53% |
| 7 | Energy Transfer | 70.27 Bn | 69.30 Bn | 6.62 Bn | 5.26% |
| 8 | Targa Resources | 61.30 Bn | 61.34 Bn | 1.70 Bn | -3.91% |
| 9 | Oneok | 61.15 Bn | 61.02 Bn | 8.98 Bn | 0.73% |
| 10 | South Bow | 8.06 Bn | 7.46 Bn | 417.00 Mn | 32.38% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 32.38% |
| Dec 31, 2025 | -0.20% |
| Sep 30, 2025 | 2.82% |
| Jun 30, 2025 | -1.72% |
| Mar 31, 2025 | 18.67% |
| Dec 31, 2024 | -2.05% |
| Sep 30, 2024 | 11.61% |
| Jun 30, 2024 | -1.44% |
| Mar 31, 2024 | -2.21% |