South Bow (SOBO) Free Cash Flow (2024 - 2026)

South Bow (SOBO) recorded quarterly Free Cash Flow of $205.0 million in Q1 2026, up 20600.0% quarter-over-quarter from -$1.0 million in Q4 2025, and up 120.43% on a YoY basis from $93.0 million in Q1 2025.

South Bow (SOBO) Free Cash Flow (2024 - 2026) Analysis & Trends

South Bow's Free Cash Flow history runs 3 years deep, the most recent figure standing at $205.0 million for Q1 2026.

  • In Q1 2026, Free Cash Flow rose 120.43% year-over-year to $205.0 million; the TTM figure through Mar 2026 stood at $208.0 million (up 51.82% YoY), while the FY2025 annual figure was $688.0 million, up 34.9% from the prior year.
  • Free Cash Flow was $205.0 million for Q1 2026 at South Bow, up from -$1.0 million in the prior quarter.
  • In the past five years, Free Cash Flow ranged from a high of $205.0 million in Q1 2026 to a low of -$10.0 million in Q4 2024.
  • Historically, Free Cash Flow has averaged $39.7 million across 3 years, with a median of $12.0 million in 2024.
  • Biggest YoY gain for Free Cash Flow was 675.0% in 2025; the steepest drop was 79.03% in 2025.
  • A 3-year view of Free Cash Flow shows it stood at -$10.0 million in 2024, then surged by 90.0% to -$1.0 million in 2025, then jumped by 20600.0% to $205.0 million in 2026.
  • The last three Free Cash Flow figures came in at $205.0 million (Q1 2026), -$1.0 million (Q4 2025), and $13.0 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Free Cash Flow (Qtr)
1 Enbridge 88.33 Bn 89.03 Bn 6.70 Bn -70.73 Mn
2 Enterprise Products Partners 80.83 Bn 79.68 Bn - 486.00 Mn
3 Kinder Morgan 69.66 Bn 70.75 Bn 3.08 Bn 1.36 Bn
4 Energy Transfer 65.60 Bn 64.88 Bn 6.62 Bn 1.46 Bn
5 Scorpio Tankers 59.17 Bn 58.19 Bn - -
6 Mplx 57.43 Bn 55.92 Bn 2.54 Bn 772.00 Mn
7 Targa Resources 56.68 Bn 56.71 Bn 1.70 Bn -160.00 Mn
8 Oneok 55.34 Bn 55.21 Bn 2.57 Bn 70.00 Mn
9 Tc Energy 50.79 Bn 51.99 Bn 2.95 Bn 392.96 Mn
10 South Bow - - 417.00 Mn 205.00 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 205.00 Mn
Mar 31, 2026 205.00 Mn
Dec 31, 2025 -1.00 Mn
Dec 31, 2025 -1.00 Mn
Sep 30, 2025 13.00 Mn
Sep 30, 2025 13.00 Mn
Jun 30, 2025 -9.00 Mn
Jun 30, 2025 -9.00 Mn
Mar 31, 2025 93.00 Mn
Mar 31, 2025 93.00 Mn
Dec 31, 2024 -10.00 Mn
Dec 31, 2024 -10.00 Mn
Sep 30, 2024 62.00 Mn
Sep 30, 2024 62.00 Mn
Jun 30, 2024 -8.00 Mn
Jun 30, 2024 -8.00 Mn
Mar 31, 2024 12.00 Mn
Mar 31, 2024 12.00 Mn