South Bow (SOBO) Interest Expenses (2023 - 2026)

South Bow (SOBO) recorded quarterly Interest Expenses of $84.0 million in Q1 2026, up 27.27% quarter-over-quarter from $66.0 million in Q3 2025, and up 1.2% on a YoY basis from $83.0 million in Q1 2025.

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

South Bow's Interest Expenses history runs 4 years deep, the most recent figure standing at $84.0 million for Q1 2026.

  • In Q1 2026, Interest Expenses rose 1.2% year-over-year to $84.0 million; the TTM figure through Mar 2026 stood at $231.0 million (down 21.16% YoY), while the FY2023 annual figure was $220.0 million, changed N/A from the prior year.
  • Interest Expenses was $84.0 million for Q1 2026 at South Bow, up from $66.0 million in the prior quarter.
  • In the past five years, Interest Expenses ranged from a high of $115.0 million in Q3 2024 to a low of $66.0 million in Q3 2025.
  • Historically, Interest Expenses has averaged $90.4 million across 4 years, with a median of $89.0 million in 2024.
  • The sharpest annual moves came in 2025 and 2026: Interest Expenses plunged 42.61% in 2025, then climbed 1.2% in 2026.
  • A 4-year view of Interest Expenses shows it stood at $105.0 million in 2023, then grew by 9.52% to $115.0 million in 2024, then slumped by 42.61% to $66.0 million in 2025, then grew by 27.27% to $84.0 million in 2026.
  • The last three Interest Expenses figures came in at $84.0 million (Q1 2026), $66.0 million (Q3 2025), and $81.0 million (Q2 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Interest Expense (Qtr)
1 Enbridge 88.33 Bn 89.03 Bn 6.70 Bn 891.09 Mn
2 Enterprise Products Partners 80.83 Bn 79.68 Bn - 385.00 Mn
3 Kinder Morgan 69.66 Bn 70.75 Bn 3.08 Bn -
4 Energy Transfer 65.60 Bn 64.88 Bn 6.62 Bn 947.00 Mn
5 Scorpio Tankers 59.17 Bn 58.19 Bn - -12.23 Mn
6 Mplx 57.43 Bn 55.92 Bn 2.54 Bn 291.00 Mn
7 Targa Resources 56.68 Bn 56.71 Bn 1.70 Bn -
8 Oneok 55.34 Bn 55.21 Bn 2.57 Bn 439.00 Mn
9 Tc Energy 50.79 Bn 51.99 Bn 2.95 Bn 626.02 Mn
10 South Bow - - 417.00 Mn 84.00 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 84.00 Mn
Mar 31, 2026 84.00 Mn
Sep 30, 2025 66.00 Mn
Sep 30, 2025 66.00 Mn
Jun 30, 2025 81.00 Mn
Jun 30, 2025 81.00 Mn
Mar 31, 2025 83.00 Mn
Mar 31, 2025 83.00 Mn
Sep 30, 2024 115.00 Mn
Sep 30, 2024 115.00 Mn
Jun 30, 2024 95.00 Mn
Jun 30, 2024 95.00 Mn
Mar 31, 2024 94.00 Mn
Mar 31, 2024 94.00 Mn
Dec 31, 2023 105.00 Mn
Dec 31, 2023 105.00 Mn