South Bow (SOBO) FCF Margin (2024 - 2026)
South Bow (SOBO) posted FCF Margin of 50.0% for Q2 2026, up 15.26% on a QoQ basis from 43.38% in Q1 2026, and up 2118.0% year-over-year from 2.25% in Q2 2025.
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South Bow (SOBO) FCF Margin (2024 - 2026) Analysis & Trends
South Bow has reported FCF Margin for 3 years, with the latest figure at 50.0% in Q2 2026.
- On a quarterly basis, FCF Margin rose 2118.0% year-over-year to 50.0% in Q2 2026; TTM through Jun 2026 was 49.78%, a 1435.0% increase from a year earlier, with the FY2025 full-year figure at 45.07%, up 2676.0% from the prior year.
- FCF Margin was 50.0% for Q2 2026 at South Bow, up from 43.38% in the prior quarter.
- The five-year high for FCF Margin was 79.03% in Q3 2024, with the low at 1.23% in Q4 2024.
- Average FCF Margin over 3 years is 38.04%, with a median of 37.45% recorded in 2025.
- The largest YoY upside for FCF Margin was 5173 bps in 2025 against a maximum downside of 2349 bps in 2025.
- Over 3 years, FCF Margin stood at 1.23% in 2024, then jumped by 4207 bps to 50.5% in 2025, then declined by 1 bps to 50.0% in 2026.
- The last three FCF Margin figures came in at 50.0% (Q2 2026), 43.38% (Q1 2026), and 50.5% (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Kinder Morgan | 111.69 Bn | 112.81 Bn | 3.07 Bn | 21.84% |
| 2 | Enterprise Products Partners | 84.07 Bn | 83.21 Bn | - | 11.07% |
| 3 | Energy Transfer | 74.03 Bn | 73.00 Bn | 7.40 Bn | 7.88% |
| 4 | Tc Energy | 65.16 Bn | 64.62 Bn | 1.80 Bn | 92.82% |
| 5 | Targa Resources | 62.18 Bn | 62.19 Bn | 2.14 Bn | 9.71% |
| 6 | Mplx | 60.51 Bn | 59.48 Bn | 2.73 Bn | 26.48% |
| 7 | Oneok | 60.16 Bn | 60.09 Bn | 2.81 Bn | 11.95% |
| 8 | Enbridge | 54.38 Bn | 54.88 Bn | 5.23 Bn | 3.87% |
| 9 | Pembina Pipeline | 28.12 Bn | 27.76 Bn | 933.00 Mn | 51.81% |
| 10 | South Bow | 7.72 Bn | 6.95 Bn | 485.00 Mn | 50.00% |
Historic Data
Download Data
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% |