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

South Bow (SOBO) posted Free Cash Flow of $205.0 million for Q1 2026, up 20600.0% on a QoQ basis from -$1.0 million in Q4 2025, and up 120.43% year-on-year from $93.0 million in Q1 2025.

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

South Bow has disclosed Free Cash Flow across 3 years of filings, most recently posting $205.0 million for Q1 2026.

  • Free Cash Flow for Q1 2026 came in at $205.0 million, up 120.43% year-over-year; the trailing twelve-month figure through Mar 2026 was $208.0 million (up 51.82% YoY), and the FY2025 annual result was $688.0 million, up 34.9% from the prior year.
  • Free Cash Flow came in at $205.0 million for Q1 2026 at South Bow, up from -$1.0 million in the prior quarter.
  • Over the last five years, Free Cash Flow for SOBO reached as high as $205.0 million in Q1 2026 and fell as low as -$10.0 million in Q4 2024.
  • Median Free Cash Flow over the past 3 years was $12.0 million (2024), compared with a mean of $39.7 million.
  • On a YoY basis, Free Cash Flow climbed as much as 675.0% in 2025 and fell as far as 79.03% in 2025.
  • Over 3 years, Free Cash Flow 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.
  • Per Business Quant, the three latest SOBO Free Cash Flow figures stand at $205.0 million (Q1 2026), -$1.0 million (Q4 2025), and $13.0 million (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Free Cash Flow (Qtr)
1 Enbridge 1,308.38 Bn 1,309.08 Bn 6.70 Bn -70.73 Mn
2 Kinder Morgan 112.34 Bn 113.42 Bn 3.08 Bn 1.36 Bn
3 Enterprise Products Partners 79.55 Bn 78.40 Bn - 486.00 Mn
4 Energy Transfer 65.78 Bn 65.07 Bn 6.62 Bn 1.46 Bn
5 Targa Resources 57.60 Bn 57.63 Bn 1.70 Bn -160.00 Mn
6 Mplx 57.17 Bn 55.67 Bn 2.54 Bn 772.00 Mn
7 Oneok 54.83 Bn 54.70 Bn 2.57 Bn 70.00 Mn
8 Cheniere Energy Partners 29.50 Bn 29.22 Bn 838.00 Mn 879.00 Mn
9 Venture Global 27.41 Bn 27.36 Bn 4.33 Bn -2.42 Bn
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 193.00 Mn
Dec 31, 2025 193.00 Mn
Sep 30, 2025 217.00 Mn
Sep 30, 2025 217.00 Mn
Jun 30, 2025 185.00 Mn
Jun 30, 2025 185.00 Mn
Mar 31, 2025 93.00 Mn
Mar 31, 2025 93.00 Mn
Dec 31, 2024 -44.00 Mn
Dec 31, 2024 -44.00 Mn
Sep 30, 2024 422.00 Mn
Sep 30, 2024 422.00 Mn
Jun 30, 2024 83.00 Mn
Jun 30, 2024 83.00 Mn
Mar 31, 2024 124.00 Mn
Mar 31, 2024 124.00 Mn