South Bow (SOBO) Net Margin (2024 - 2026)
South Bow (SOBO) posted quarterly Net Margin of 3.26% for Q1 2026, down 85.0% year-over-year from 21.72% in Q1 2025, and down 132.78% quarter-over-quarter from 9.94% in Q4 2025.
South Bow (SOBO) Net Margin (2024 - 2026) Analysis & Trends
South Bow's Net Margin history runs 3 years deep, the most recent figure standing at 3.26% for Q1 2026.
- In Q1 2026, Net Margin fell 85.0% year-over-year to 3.26%; the TTM figure through Mar 2026 stood at 16.42% (up 741.0% YoY), while the FY2025 annual figure was 21.8%, up 690.0% from the prior year.
- Net Margin for Q1 2026 stood at 3.26%, down from 9.94% in the prior quarter.
- The five-year high for Net Margin was 37.96% in Q3 2025, with the low at 3.26% in Q1 2026.
- The 3-year median for Net Margin is 11.55% (2024), against an average of 13.65%.
- Peak annual rise in Net Margin reached 1399 bps in 2025, while the deepest fall reached 2392 bps in 2025.
- South Bow's Net Margin stood at 1.43% in 2024, then soared by 593 bps to 9.94% in 2025, then tumbled by 133 bps to 3.26% in 2026.
- Business Quant data shows SOBO's Net Margin at 3.26% in Q1 2026, 9.94% in Q4 2025, and 37.96% in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Kinder Morgan | 112.69 Bn | 112.57 Bn | 3.07 Bn | 19.97% |
| 2 | Enbridge | 110.69 Bn | 109.19 Bn | 5.23 Bn | 4.76% |
| 3 | Enterprise Products Partners | 83.45 Bn | 82.54 Bn | - | 10.16% |
| 4 | Energy Transfer | 72.64 Bn | 71.61 Bn | 7.40 Bn | 5.90% |
| 5 | Tc Energy | 65.84 Bn | 58.29 Bn | 1.24 Bn | 55.36% |
| 6 | Mplx | 60.05 Bn | 59.02 Bn | 2.73 Bn | 32.82% |
| 7 | Oneok | 59.98 Bn | 59.82 Bn | 2.81 Bn | 8.03% |
| 8 | Targa Resources | 59.50 Bn | 59.37 Bn | 2.14 Bn | 17.22% |
| 9 | Cheniere Energy | 55.93 Bn | 54.68 Bn | 5.29 Bn | 63.54% |
| 10 | South Bow | 7.64 Bn | 7.00 Bn | 417.00 Mn | -3.26% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -3.26% |
| Dec 31, 2025 | 9.94% |
| Sep 30, 2025 | 37.96% |
| Jun 30, 2025 | 22.14% |
| Mar 31, 2025 | -2.41% |
| Dec 31, 2024 | 1.43% |
| Sep 30, 2024 | 23.97% |
| Jun 30, 2024 | 11.55% |
| Mar 31, 2024 | 21.51% |