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

South Bow has disclosed Net Margin across 3 years of filings, most recently posting 17.92% for Q1 2026.

• Net Margin for Q1 2026 came in at 17.92%, down 55.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 25.72% (up 884.0% YoY), and the FY2025 annual result was 25.83%, up 814.0% from the prior year.
• Net Margin came in at 17.92% for Q1 2026 at South Bow, down from 25.84% in the prior quarter.
• Over the last five years, Net Margin for SOBO reached as high as 37.96% in Q3 2025 and fell as low as 11.55% in Q2 2024.
• Median Net Margin over the past 3 years was 21.51% (2024), compared with a mean of 21.43%.
• On a YoY basis, Net Margin climbed as much as 1399 bps in 2025 and fell as far as 303 bps in 2025.
• Over 3 years, Net Margin stood at 13.52% in 2024, then soared by 91 bps to 25.84% in 2025, then sank by 31 bps to 17.92% in 2026.
• Per Business Quant, the three latest SOBO Net Margin figures stand at 17.92% (Q1 2026), 25.84% (Q4 2025), and 37.96% (Q3 2025).