South Bow (SOBO) FCF Margin (2024 - 2026)
South Bow (SOBO) posted FCF Margin of 41.75% for Q1 2026, up 21101.02% on a QoQ basis from 0.2% in Q4 2025, and up 2308.0% year-on-year from 1.73% in Q1 2025.
South Bow (SOBO) FCF Margin (2024 - 2026) Analysis & Trends
South Bow has disclosed FCF Margin across 3 years of filings, most recently posting 41.75% for Q1 2026.
- FCF Margin for Q1 2026 came in at 41.75%, up 2308.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 10.51% (up 390.0% YoY), and the FY2025 annual result was 34.64%, up 1059.0% from the prior year.
- FCF Margin came in at 41.75% for Q1 2026 at South Bow, up from 0.2% in the prior quarter.
- Over the last five years, FCF Margin for SOBO reached as high as 41.75% in Q1 2026 and fell as low as 2.05% in Q4 2024.
- Median FCF Margin over the past 3 years was 2.21% (2024), compared with a mean of 7.96%.
- Year-over-year, FCF Margin slumped 879 bps in 2025 and jumped 2308 bps in 2026.
- Over 3 years, FCF Margin 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.
- Per Business Quant, the three latest SOBO FCF Margin figures stand at 41.75% (Q1 2026), 0.2% (Q4 2025), and 2.82% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Enbridge | 1,308.38 Bn | 1,309.08 Bn | 6.70 Bn | -0.43% |
| 2 | Kinder Morgan | 112.34 Bn | 113.42 Bn | 3.08 Bn | 28.13% |
| 3 | Enterprise Products Partners | 79.55 Bn | 78.40 Bn | - | 3.38% |
| 4 | Energy Transfer | 65.78 Bn | 65.07 Bn | 6.62 Bn | 5.26% |
| 5 | Targa Resources | 57.60 Bn | 57.63 Bn | 1.70 Bn | -3.91% |
| 6 | Mplx | 57.17 Bn | 55.67 Bn | 2.54 Bn | 25.41% |
| 7 | Oneok | 54.83 Bn | 54.70 Bn | 2.57 Bn | 0.73% |
| 8 | Cheniere Energy Partners | 29.50 Bn | 29.22 Bn | 838.00 Mn | 24.42% |
| 9 | Venture Global | 27.41 Bn | 27.36 Bn | 4.33 Bn | -52.58% |
| 10 | South Bow | - | - | 417.00 Mn | 41.75% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 41.75% |
| Dec 31, 2025 | 38.37% |
| Sep 30, 2025 | 47.07% |
| Jun 30, 2025 | 35.31% |
| Mar 31, 2025 | 18.67% |
| Dec 31, 2024 | -9.02% |
| Sep 30, 2024 | 79.03% |
| Jun 30, 2024 | 14.98% |
| Mar 31, 2024 | 22.79% |