South Bow (SOBO) Invested Capital (2023 - 2026)
South Bow's Invested Capital was $7.49 billion in Q3 2026, up 2.7% from $7.29 billion a year earlier but down 10.8% from the prior quarter.
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Analysis
South Bow (SOBO) Invested Capital (2023 - 2026) Analysis & Trends
For FY2025, Invested Capital at South Bow came in at $7.39 billion, up 2.1% from FY2024.
- In earlier years, Invested Capital was $7.24 billion in FY2024 (-17.8%) and $8.81 billion in FY2023.
- Quarterly Invested Capital has moved between $7.24 billion (Q4 2024) and $8.81 billion (Q4 2023) over five years.
- Compared with a year earlier, Invested Capital was higher in three of the last five quarters, with an average decline of 2.4%.
- Per Business Quant data, SOBO's Invested Capital in the three quarters before Q3 2026 was $8.4 billion (Q2 2026), $8.41 billion (Q1 2026) and $7.39 billion (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Invested Cap. (Qtr) |
|---|---|---|---|---|---|
| 1 | Enbridge | 102.29 Bn | 97.89 Bn | 4.84 Bn | 126.85 Bn |
| 2 | Enterprise Products Partners | 79.85 Bn | 78.21 Bn | - | 64.63 Bn |
| 3 | Williams Companies | 79.33 Bn | 76.36 Bn | 2.59 Bn | 22.36 Bn |
| 4 | Kinder Morgan | 66.78 Bn | 65.63 Bn | 2.97 Bn | 65.90 Bn |
| 5 | Energy Transfer | 65.10 Bn | 60.93 Bn | 6.57 Bn | 118.50 Bn |
| 6 | Tc Energy | 64.42 Bn | 61.18 Bn | - | 61.79 Bn |
| 7 | Cheniere Energy | 58.11 Bn | 52.26 Bn | 2.97 Bn | 35.90 Bn |
| 8 | Targa Resources | 56.77 Bn | 56.23 Bn | 2.02 Bn | 23.81 Bn |
| 9 | Mplx | 56.70 Bn | 50.73 Bn | 3.19 Bn | 41.30 Bn |
| 10 | South Bow | 6.47 Bn | 4.03 Bn | 407.00 Mn | 7.49 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 7.49 Bn |
| Jun 30, 2026 | 8.40 Bn |
| Mar 31, 2026 | 8.41 Bn |
| Dec 31, 2025 | 7.39 Bn |
| Sep 30, 2025 | 7.29 Bn |
| Jun 30, 2025 | 8.41 Bn |
| Mar 31, 2025 | 8.32 Bn |
| Dec 31, 2024 | 7.24 Bn |
| Dec 31, 2023 | 8.81 Bn |
API Access
South Bow Invested Capital 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=invested-capital&ticker=SOBO&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "invested-capital", "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=invested-capital&ticker=SOBO&period=max&api_key=YOUR_API_KEY");
const data = await res.json();