Growth Metrics

South Bow (SOBO) Net Margin (2024 - 2026)

South Bow has reported Net Margin over the past 3 years, most recently at 17.92% for Q1 2026.

  • For Q1 2026, Net Margin fell 55.0% year-over-year to 17.92%; the TTM value through Mar 2026 reached 32.39%, up 910.0%, while the annual FY2025 figure was 25.83%, 814.0% up from the prior year.
  • Net Margin for Q1 2026 was 17.92% at South Bow, down from 37.38% in the prior quarter.
  • Over five years, Net Margin peaked at 54.01% in Q3 2025 and troughed at 11.55% in Q2 2024.
  • A 3-year average of 27.53% and a median of 22.14% in 2025 define the central range for Net Margin.
  • On a YoY basis, Net Margin climbed as much as 3004bps in 2025 and fell as far as -340bps in 2025.
  • Year by year, Net Margin stood at 40.78% in 2024, then dropped by -8bps to 37.38% in 2025, then plummeted by -52bps to 17.92% in 2026.
  • Business Quant data shows Net Margin for SOBO at 17.92% in Q1 2026, 37.38% in Q4 2025, and 54.01% in Q3 2025.