South Bow (SOBO) Long-Term Deferred Tax (2023 - 2026)
South Bow (SOBO) recorded quarterly Long-Term Deferred Tax of $23.0 million in Q1 2026, little changed quarter-over-quarter from $23.0 million in Q4 2025, and up 43.75% on a YoY basis from $16.0 million in Q1 2025.
South Bow (SOBO) Long-Term Deferred Tax (2023 - 2026) Analysis & Trends
South Bow's Long-Term Deferred Tax history runs 4 years deep, the most recent figure standing at $23.0 million for Q1 2026.
- In Q1 2026, Long-Term Deferred Tax rose 43.75% year-over-year to $23.0 million; the TTM figure through Mar 2026 stood at $23.0 million (up 43.75% YoY), while the FY2025 annual figure was $23.0 million, up 43.75% from the prior year.
- Long-Term Deferred Tax was $23.0 million for Q1 2026 at South Bow, roughly flat from $23.0 million in the prior quarter.
- In the past five years, Long-Term Deferred Tax ranged from a high of $23.0 million in Q4 2025 to a low of $6.0 million in Q4 2023.
- Historically, Long-Term Deferred Tax has averaged $16.6 million across 4 years, with a median of $16.0 million in 2024.
- The sharpest annual moves came in 2024 and 2025: Long-Term Deferred Tax surged 166.67% in 2024, then jumped 43.75% in 2025.
- A 4-year view of Long-Term Deferred Tax shows it stood at $6.0 million in 2023, then soared by 166.67% to $16.0 million in 2024, then surged by 43.75% to $23.0 million in 2025, then changed by 0.0% to $23.0 million in 2026.
- The last three Long-Term Deferred Tax figures came in at $23.0 million (Q1 2026), $23.0 million (Q4 2025), and $16.0 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Enbridge | 88.33 Bn | 89.03 Bn | 6.70 Bn |
| 2 | Enterprise Products Partners | 80.83 Bn | 79.68 Bn | - |
| 3 | Kinder Morgan | 69.66 Bn | 70.75 Bn | 3.08 Bn |
| 4 | Energy Transfer | 65.60 Bn | 64.88 Bn | 6.62 Bn |
| 5 | Scorpio Tankers | 59.17 Bn | 58.19 Bn | - |
| 6 | Mplx | 57.43 Bn | 55.92 Bn | 2.54 Bn |
| 7 | Targa Resources | 56.68 Bn | 56.71 Bn | 1.70 Bn |
| 8 | Oneok | 55.34 Bn | 55.21 Bn | 2.57 Bn |
| 9 | Tc Energy | 50.79 Bn | 51.99 Bn | 2.95 Bn |
| 10 | South Bow | - | - | 417.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 23.00 Mn |
| Dec 31, 2025 | 23.00 Mn |
| Sep 30, 2025 | 16.00 Mn |
| Jun 30, 2025 | 16.00 Mn |
| Mar 31, 2025 | 16.00 Mn |
| Dec 31, 2024 | 16.00 Mn |
| Dec 31, 2023 | 6.00 Mn |