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| Date | Value |
|---|---|
| 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 |