South Bow (SOBO) Interest Coverage Ratio (2023 - 2026)

South Bow (SOBO) recorded quarterly Interest Coverage Ratio of 2.67 in Q1 2026, down 17.37% quarter-over-quarter from 3.23 in Q3 2025, and down 8.92% on a YoY basis from 2.93 in Q1 2025.

South Bow (SOBO) Interest Coverage Ratio (2023 - 2026) Analysis & Trends

South Bow's Interest Coverage Ratio history runs 4 years deep, the most recent figure standing at 2.67 for Q1 2026.

  • In Q1 2026, Interest Coverage Ratio fell 8.92% year-over-year to 2.67; the TTM figure through Mar 2026 stood at 1.66 (up 47.21% YoY), while the FY2023 annual figure was 3.18, changed N/A from the prior year.
  • Interest Coverage Ratio was 2.67 for Q1 2026 at South Bow, down from 3.23 in the prior quarter.
  • In the past five years, Interest Coverage Ratio ranged from a high of 3.23 in Q3 2025 to a low of 2.1 in Q3 2024.
  • Historically, Interest Coverage Ratio has averaged 2.82 across 4 years, with a median of 2.93 in 2025.
  • The sharpest annual moves came in 2025 and 2026: Interest Coverage Ratio jumped 53.36% in 2025, then dropped 8.92% in 2026.
  • A 4-year view of Interest Coverage Ratio shows it stood at 2.93 in 2023, then slipped by 28.26% to 2.1 in 2024, then surged by 53.36% to 3.23 in 2025, then retreated by 17.37% to 2.67 in 2026.
  • The last three Interest Coverage Ratio figures came in at 2.67 (Q1 2026), 3.23 (Q3 2025), and 3.07 (Q2 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Interest Cover (Qtr)
1 Enbridge 88.33 Bn 89.03 Bn 6.70 Bn 2.64
2 Enterprise Products Partners 80.83 Bn 79.68 Bn - 4.92
3 Kinder Morgan 69.66 Bn 70.75 Bn 3.08 Bn -
4 Energy Transfer 65.60 Bn 64.88 Bn 6.62 Bn 3.15
5 Scorpio Tankers 59.17 Bn 58.19 Bn - -17.95
6 Mplx 57.43 Bn 55.92 Bn 2.54 Bn 4.17
7 Targa Resources 56.68 Bn 56.71 Bn 1.70 Bn -
8 Oneok 55.34 Bn 55.21 Bn 2.57 Bn 3.25
9 Tc Energy 50.79 Bn 51.99 Bn 2.95 Bn 3.25
10 South Bow - - 417.00 Mn 2.67

Historic Data

Download Data
DateValue
Mar 31, 2026 2.67
Sep 30, 2025 3.23
Jun 30, 2025 3.07
Mar 31, 2025 2.93
Sep 30, 2024 2.10
Jun 30, 2024 2.61
Mar 31, 2024 3.00
Dec 31, 2023 2.93