South Bow (SOBO) Free Cash Flow (2024 - 2026)
South Bow (SOBO) recorded Free Cash Flow of $273 million in the quarter ended Jun 30, 2026, up 80.8% from $151 million a year earlier and up 28.2% from the prior quarter.
South Bow (SOBO) Free Cash Flow (2024 - 2026) Analysis & Trends
On a TTM basis, South Bow's Free Cash Flow came in at $996 million as of Jun 30, 2026, up 37.6% year-over-year; for the year ended Dec 31, 2025, it was $895 million, up 37.5% from the prior year.
- Across earlier years, Free Cash Flow came in at $651 million in the year ended Dec 31, 2024 (-20.2%) and $816 million in the year ended Dec 31, 2023.
- The figure for the quarter ended Jun 30, 2026 is the highest quarterly Free Cash Flow since the quarter ended Sep 30, 2024.
- On a year-over-year basis, Free Cash Flow rose in four of the last five quarters, with growth averaging 28.0%.
- Per Business Quant, the preceding three quarters came in at $213 million (quarter ended Mar 31, 2026), $254 million (quarter ended Dec 31, 2025) and $256 million (quarter ended Sep 30, 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF (Qtr) |
|---|---|---|---|---|---|
| 1 | Enbridge | 101.53 Bn | 99.08 Bn | 4.84 Bn | 821.24 Mn |
| 2 | Enterprise Products Partners | 76.92 Bn | 75.35 Bn | - | 2.02 Bn |
| 3 | Energy Transfer | 67.97 Bn | 61.41 Bn | 7.40 Bn | 2.71 Bn |
| 4 | Kinder Morgan | 67.10 Bn | 68.05 Bn | 3.07 Bn | 978.00 Mn |
| 5 | Tc Energy | 60.19 Bn | 63.26 Bn | 2.81 Bn | 2.66 Bn |
| 6 | Targa Resources | 57.97 Bn | 57.59 Bn | 2.14 Bn | 431.20 Mn |
| 7 | Mplx | 57.16 Bn | 50.72 Bn | 2.91 Bn | 877.00 Mn |
| 8 | Cheniere Energy | 55.61 Bn | 55.74 Bn | 5.29 Bn | 398.00 Mn |
| 9 | Oneok | 53.75 Bn | 52.24 Bn | 2.81 Bn | 1.44 Bn |
| 10 | South Bow | 6.90 Bn | 4.62 Bn | 485.00 Mn | 273.00 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 273.00 Mn |
| Mar 31, 2026 | 213.00 Mn |
| Dec 31, 2025 | 254.00 Mn |
| Sep 30, 2025 | 256.00 Mn |
| Jun 30, 2025 | 151.00 Mn |
| Mar 31, 2025 | 157.00 Mn |
| Dec 31, 2024 | -6.00 Mn |
| Sep 30, 2024 | 422.00 Mn |
| Jun 30, 2024 | 111.00 Mn |
| Mar 31, 2024 | 124.00 Mn |
South Bow Free Cash Flow 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=free-cash-flow&ticker=SOBO&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "free-cash-flow", "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=free-cash-flow&ticker=SOBO&period=max&api_key=YOUR_API_KEY");
const data = await res.json();