Balance Sheet
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South Bow (SOBO) Operating Leases (2023 - 2025)

South Bow has reported Operating Leases over the past 3 years, most recently at $26.0 million for Q4 2025.

  • For Q4 2025, Operating Leases rose 18.18% year-over-year to $26.0 million; the TTM value through Dec 2025 reached $26.0 million, up 18.18%, while the annual FY2025 figure was $26.0 million, 18.18% up from the prior year.
  • Operating Leases for Q4 2025 was $26.0 million at South Bow, up from $25.0 million in the prior quarter.
  • Over five years, Operating Leases peaked at $26.0 million in Q4 2025 and troughed at $10.0 million in Q4 2023.
  • A 3-year average of $21.0 million and a median of $22.0 million in 2024 define the central range for Operating Leases.
  • Biggest five-year swings in Operating Leases: soared 120.0% in 2024 and later increased 13.64% in 2025.
  • Year by year, Operating Leases stood at $10.0 million in 2023, then skyrocketed by 120.0% to $22.0 million in 2024, then grew by 18.18% to $26.0 million in 2025.
  • Business Quant data shows Operating Leases for SOBO at $26.0 million in Q4 2025, $25.0 million in Q3 2025, and $22.0 million in Q4 2024.