South Bow (SOBO) Gains from Equity Investments (2024 - 2026)
South Bow's Gains from Equity Investments was $134 million in the quarter ended Jun 30, 2026, up 39.6% from $96 million a year earlier and up 74.0% from the prior quarter.
South Bow (SOBO) Gains from Equity Investments (2024 - 2026) Analysis & Trends
On a trailing twelve-month basis, South Bow's Gains from Equity Investments was $460 million through Jun 30, 2026, up 53.3% year-over-year; for the year ended Dec 31, 2025, it came in at $433 million, up 37.0% from the prior year.
- In earlier years, Gains from Equity Investments was $316 million in the year ended Dec 31, 2024 (-28.5%) and $442 million in the year ended Dec 31, 2023.
- Quarterly Gains from Equity Investments has moved between $55 million (the quarter ended Dec 31, 2024) and $156 million (the quarter ended Dec 31, 2025) over five years.
- Compared with a year earlier, Gains from Equity Investments was higher in four of the last six quarters, with growth averaging 41.8%.
- Per Business Quant data, SOBO's Gains from Equity Investments in the three quarters before the quarter ended Jun 30, 2026 was $77 million (quarter ended Mar 31, 2026), $156 million (quarter ended Dec 31, 2025) and $93 million (quarter ended Sep 30, 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Enbridge | 100.40 Bn | 97.94 Bn | 4.84 Bn |
| 2 | Williams Companies | 86.28 Bn | 85.00 Bn | 2.54 Bn |
| 3 | Enterprise Products Partners | 78.15 Bn | 76.58 Bn | - |
| 4 | Energy Transfer | 70.55 Bn | 63.99 Bn | 7.40 Bn |
| 5 | Kinder Morgan | 69.13 Bn | 70.08 Bn | 3.07 Bn |
| 6 | Tc Energy | 61.50 Bn | 64.57 Bn | 2.81 Bn |
| 7 | Targa Resources | 60.39 Bn | 60.01 Bn | 2.14 Bn |
| 8 | Mplx | 57.19 Bn | 50.75 Bn | 2.91 Bn |
| 9 | Cheniere Energy | 55.74 Bn | 55.87 Bn | 5.29 Bn |
| 10 | South Bow | 7.05 Bn | 4.77 Bn | 485.00 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 134.00 Mn |
| Mar 31, 2026 | 77.00 Mn |
| Dec 31, 2025 | 156.00 Mn |
| Sep 30, 2025 | 93.00 Mn |
| Jun 30, 2025 | 96.00 Mn |
| Mar 31, 2025 | 88.00 Mn |
| Dec 31, 2024 | 55.00 Mn |
| Sep 30, 2024 | 61.00 Mn |
| Jun 30, 2024 | 88.00 Mn |
| Mar 31, 2024 | 112.00 Mn |
South Bow Gains from Equity Investments 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=gains-from-equity-investments&ticker=SOBO&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gains-from-equity-investments", "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=gains-from-equity-investments&ticker=SOBO&period=max&api_key=YOUR_API_KEY");
const data = await res.json();