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