South Bow (SOBO) FCF Margin (2024 - 2026)
South Bow (SOBO) reported FCF Margin of 50.00% for the quarter ended Jun 30, 2026, up 21.18 percentage points from 28.82% a year earlier and up 6.62 percentage points from the prior quarter.
South Bow (SOBO) FCF Margin (2024 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, South Bow's FCF Margin came in at 49.78%, up 14.35 percentage points year-over-year; for the year ended Dec 31, 2025, it was 45.07%, up 14.36 percentage points from the prior year.
- By year, FCF Margin came in at 30.71% in the year ended Dec 31, 2024 (-9.99 pp) and 40.70% in the year ended Dec 31, 2023.
- Five-year quarterly FCF Margin spans a low of -1.23% in the quarter ended Dec 31, 2024 and a high of 79.03% in the quarter ended Sep 30, 2024.
- Year over year, FCF Margin has now increased in each of the last three quarters, with an average year-over-year change of +13.13 percentage points over the last six quarters.
- Per Business Quant data, the three quarters before the quarter ended Jun 30, 2026 came in at 43.38% (quarter ended Mar 31, 2026), 50.50% (quarter ended Dec 31, 2025) and 55.53% (quarter ended Sep 30, 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Enbridge | 102.52 Bn | 100.06 Bn | 4.84 Bn | 3.87% |
| 2 | Enterprise Products Partners | 79.27 Bn | 77.71 Bn | - | 11.07% |
| 3 | Energy Transfer | 69.21 Bn | 62.65 Bn | 7.40 Bn | 7.88% |
| 4 | Kinder Morgan | 68.17 Bn | 69.12 Bn | 3.07 Bn | 21.84% |
| 5 | Tc Energy | 61.09 Bn | 64.16 Bn | 2.81 Bn | 92.82% |
| 6 | Targa Resources | 59.48 Bn | 59.10 Bn | 2.14 Bn | 9.71% |
| 7 | Mplx | 58.45 Bn | 52.01 Bn | 2.91 Bn | 26.48% |
| 8 | Oneok | 55.88 Bn | 54.37 Bn | 2.81 Bn | 11.95% |
| 9 | Cheniere Energy | 55.70 Bn | 55.83 Bn | 5.29 Bn | 6.94% |
| 10 | South Bow | 7.08 Bn | 4.80 Bn | 485.00 Mn | 50.00% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 50.00% |
| Mar 31, 2026 | 43.38% |
| Dec 31, 2025 | 50.50% |
| Sep 30, 2025 | 55.53% |
| Jun 30, 2025 | 28.82% |
| Mar 31, 2025 | 31.53% |
| Dec 31, 2024 | -1.23% |
| Sep 30, 2024 | 79.03% |
| Jun 30, 2024 | 20.04% |
| Mar 31, 2024 | 22.79% |
South Bow FCF Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=fcf-margin&ticker=SOBO&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "fcf-margin", "ticker": "SOBO", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=fcf-margin&ticker=SOBO&period=max&api_key=YOUR_API_KEY");
const data = await res.json();