South Bow (SOBO) Free Cash Flow (2024 - 2026)
South Bow (SOBO) recorded Free Cash Flow of $291 million in Q3 2026, up 17.3% from $248 million a year earlier and up 6.6% from the prior quarter.
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Analysis
South Bow (SOBO) Free Cash Flow (2024 - 2026) Analysis & Trends
On a TTM basis, South Bow's Free Cash Flow came in at $683 million as of Sep 30, 2026, up 78.3% year-over-year; for FY2025, it was $539 million, up 32.4% from FY2024.
- Across earlier years, Free Cash Flow came in at $407 million in FY2024 (-45.1%) and $742 million in FY2023.
- The Q3 2026 figure is the highest quarterly Free Cash Flow since Q3 2024.
- On a year-over-year basis, Free Cash Flow has increased for three consecutive quarters, with growth averaging 27.3% over the last six quarters.
- Per Business Quant, the preceding three quarters came in at $273 million (Q2 2026), $213 million (Q1 2026) and -$94 million (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF (Qtr) |
|---|---|---|---|---|---|
| 1 | Enbridge | 103.59 Bn | 99.19 Bn | 4.84 Bn | 821.24 Mn |
| 2 | Williams Companies | 81.98 Bn | 79.01 Bn | 2.59 Bn | -984.00 Mn |
| 3 | Enterprise Products Partners | 79.82 Bn | 78.18 Bn | - | 1.13 Bn |
| 4 | Kinder Morgan | 68.05 Bn | 66.90 Bn | 2.97 Bn | 545.00 Mn |
| 5 | Energy Transfer | 65.69 Bn | 61.52 Bn | 6.57 Bn | 2.14 Bn |
| 6 | Tc Energy | 65.52 Bn | 62.28 Bn | - | 2.13 Bn |
| 7 | Cheniere Energy | 59.05 Bn | 53.20 Bn | 2.97 Bn | 1.73 Bn |
| 8 | Targa Resources | 58.49 Bn | 57.95 Bn | 2.02 Bn | 120.30 Mn |
| 9 | Mplx | 57.19 Bn | 51.22 Bn | 3.19 Bn | 682.00 Mn |
| 10 | South Bow | 6.74 Bn | 4.30 Bn | 407.00 Mn | 291.00 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 291.00 Mn |
| Jun 30, 2026 | 273.00 Mn |
| Mar 31, 2026 | 213.00 Mn |
| Dec 31, 2025 | -102.00 Mn |
| Sep 30, 2025 | 256.00 Mn |
| Jun 30, 2025 | 228.00 Mn |
| Mar 31, 2025 | 157.00 Mn |
| Dec 31, 2024 | -250.00 Mn |
| Sep 30, 2024 | 422.00 Mn |
| Jun 30, 2024 | 111.00 Mn |
| Mar 31, 2024 | 124.00 Mn |
API Access
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_KEYimport 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();