South Bow (SOBO) Non-Current Assets (2023 - 2026)
South Bow (SOBO) posted Non-Current Assets of -$28.6 billion for Q1 2026, little changed on a QoQ basis from -$28.5 billion in Q4 2025, and down 414.05% year-on-year from $9.1 billion in Q1 2025.
South Bow (SOBO) Non-Current Assets (2023 - 2026) Analysis & Trends
South Bow has disclosed Non-Current Assets across 4 years of filings, most recently posting -$28.6 billion for Q1 2026.
- Non-Current Assets for Q1 2026 came in at -$28.6 billion, down 414.05% year-over-year; the trailing twelve-month figure through Mar 2026 was -$28.6 billion (changed N/A YoY), and the FY2025 annual result was -$28.5 billion, down 3.55% from the prior year.
- Non-Current Assets came in at -$28.6 billion for Q1 2026 at South Bow, roughly flat from -$28.5 billion in the prior quarter.
- Over the last five years, Non-Current Assets for SOBO reached as high as $9.4 billion in Q4 2023 and fell as low as -$28.6 billion in Q1 2026.
- Median Non-Current Assets over the past 4 years was -$27.2 billion (2025), compared with a mean of -$12.0 billion.
- Year-over-year, Non-Current Assets fell 3.55% in 2025 and slumped 414.05% in 2026.
- Over 4 years, Non-Current Assets stood at $9.4 billion in 2023, then slumped by 392.56% to -$27.6 billion in 2024, then fell by 3.55% to -$28.5 billion in 2025, then declined by 0.26% to -$28.6 billion in 2026.
- Per Business Quant, the three latest SOBO Non-Current Assets figures stand at -$28.6 billion (Q1 2026), -$28.5 billion (Q4 2025), and $9.1 billion (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Non-Current Assets (Qtr) |
|---|---|---|---|---|---|
| 1 | Enbridge | 1,308.38 Bn | 1,309.08 Bn | 6.70 Bn | 152.65 Bn |
| 2 | Kinder Morgan | 112.34 Bn | 113.42 Bn | 3.08 Bn | 70.37 Bn |
| 3 | Enterprise Products Partners | 79.55 Bn | 78.40 Bn | - | 64.88 Bn |
| 4 | Energy Transfer | 65.78 Bn | 65.07 Bn | 6.62 Bn | 125.22 Bn |
| 5 | Targa Resources | 57.60 Bn | 57.63 Bn | 1.70 Bn | 24.67 Bn |
| 6 | Mplx | 57.17 Bn | 55.67 Bn | 2.54 Bn | 39.41 Bn |
| 7 | Oneok | 54.83 Bn | 54.70 Bn | 2.57 Bn | 62.66 Bn |
| 8 | Cheniere Energy Partners | 29.50 Bn | 29.22 Bn | 838.00 Mn | 15.86 Bn |
| 9 | Venture Global | 27.41 Bn | 27.36 Bn | 4.33 Bn | 53.08 Bn |
| 10 | South Bow | - | - | 417.00 Mn | -28.60 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -28.60 Bn |
| Dec 31, 2025 | -28.53 Bn |
| Sep 30, 2025 | 9.13 Bn |
| Jun 30, 2025 | -27.23 Bn |
| Mar 31, 2025 | 9.11 Bn |
| Dec 31, 2024 | -27.55 Bn |
| Dec 31, 2023 | 9.42 Bn |