South Bow (SOBO) Long-Term Deferred Tax (2023 - 2026)

South Bow (SOBO) posted Long-Term Deferred Tax of $23.0 million for Q1 2026, little changed on a QoQ basis from $23.0 million in Q4 2025, and up 43.75% year-on-year from $16.0 million in Q1 2025.

South Bow (SOBO) Long-Term Deferred Tax (2023 - 2026) Analysis & Trends

South Bow has disclosed Long-Term Deferred Tax across 4 years of filings, most recently posting $23.0 million for Q1 2026.

  • Long-Term Deferred Tax for Q1 2026 came in at $23.0 million, up 43.75% year-over-year; the trailing twelve-month figure through Mar 2026 was $23.0 million (up 43.75% YoY), and the FY2025 annual result was $23.0 million, up 43.75% from the prior year.
  • Long-Term Deferred Tax came in at $23.0 million for Q1 2026 at South Bow, roughly flat from $23.0 million in the prior quarter.
  • Over the last five years, Long-Term Deferred Tax for SOBO reached as high as $23.0 million in Q4 2025 and fell as low as $6.0 million in Q4 2023.
  • Median Long-Term Deferred Tax over the past 4 years was $16.0 million (2024), compared with a mean of $16.6 million.
  • Year-over-year, Long-Term Deferred Tax soared 166.67% in 2024 and surged 43.75% in 2025.
  • Over 4 years, Long-Term Deferred Tax 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.
  • Per Business Quant, the three latest SOBO Long-Term Deferred Tax figures stand at $23.0 million (Q1 2026), $23.0 million (Q4 2025), and $16.0 million (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Enbridge 1,308.38 Bn 1,309.08 Bn 6.70 Bn
2 Kinder Morgan 112.34 Bn 113.42 Bn 3.08 Bn
3 Enterprise Products Partners 79.55 Bn 78.40 Bn -
4 Energy Transfer 65.78 Bn 65.07 Bn 6.62 Bn
5 Targa Resources 57.60 Bn 57.63 Bn 1.70 Bn
6 Mplx 57.17 Bn 55.67 Bn 2.54 Bn
7 Oneok 54.83 Bn 54.70 Bn 2.57 Bn
8 Cheniere Energy Partners 29.50 Bn 29.22 Bn 838.00 Mn
9 Venture Global 27.41 Bn 27.36 Bn 4.33 Bn
10 South Bow - - 417.00 Mn

Historic Data

Download Data
DateValue
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