South Bow (SOBO) Other Working Capital Changes (2024 - 2026)
South Bow (SOBO) posted Other Working Capital Changes of -$9.0 million for Q1 2026, down 111.69% on a QoQ basis from $77.0 million in Q4 2025, and up 82.0% year-on-year from -$4.9 million in Q1 2025.
South Bow (SOBO) Other Working Capital Changes (2024 - 2026) Analysis & Trends
South Bow has disclosed Other Working Capital Changes across 3 years of filings, most recently posting -$9.0 million for Q1 2026.
- Other Working Capital Changes for Q1 2026 came in at -$9.0 million, up 82.0% year-over-year; the trailing twelve-month figure through Mar 2026 was $76.0 million (down 11.63% YoY), and the FY2025 annual result was $35.0 million, down 43.55% from the prior year.
- Other Working Capital Changes came in at -$9.0 million for Q1 2026 at South Bow, down from $77.0 million in the prior quarter.
- Over the last five years, Other Working Capital Changes for SOBO reached as high as $181.0 million in Q3 2024 and fell as low as -$72.0 million in Q1 2024.
- Median Other Working Capital Changes over the past 3 years was -$15.0 million (2025), compared with a mean of $10.0 million.
- On a YoY basis, Other Working Capital Changes climbed as much as 375.0% in 2025 and fell as far as 108.29% in 2025.
- Over 3 years, Other Working Capital Changes stood at -$28.0 million in 2024, then soared by 375.0% to $77.0 million in 2025, then tumbled by 111.69% to -$9.0 million in 2026.
- Per Business Quant, the three latest SOBO Other Working Capital Changes figures stand at -$9.0 million (Q1 2026), $77.0 million (Q4 2025), and -$15.0 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Enbridge | 1,308.38 Bn | 1,309.08 Bn | 6.70 Bn |
| 2 | Kinder Morgan | 112.34 Bn | 113.42 Bn | 3.08 Bn |
| 3 | Enterprise Products Partners | 79.55 Bn | 78.40 Bn | - |
| 4 | Energy Transfer | 65.78 Bn | 65.07 Bn | 6.62 Bn |
| 5 | Targa Resources | 57.60 Bn | 57.63 Bn | 1.70 Bn |
| 6 | Mplx | 57.17 Bn | 55.67 Bn | 2.54 Bn |
| 7 | Oneok | 54.83 Bn | 54.70 Bn | 2.57 Bn |
| 8 | Cheniere Energy Partners | 29.50 Bn | 29.22 Bn | 838.00 Mn |
| 9 | Venture Global | 27.41 Bn | 27.36 Bn | 4.33 Bn |
| 10 | South Bow | - | - | 417.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -9.00 Mn |
| Mar 31, 2026 | -9.00 Mn |
| Dec 31, 2025 | 77.00 Mn |
| Dec 31, 2025 | 77.00 Mn |
| Sep 30, 2025 | -15.00 Mn |
| Sep 30, 2025 | -15.00 Mn |
| Jun 30, 2025 | 23.00 Mn |
| Jun 30, 2025 | 23.00 Mn |
| Mar 31, 2025 | -50.00 Mn |
| Mar 31, 2025 | -50.00 Mn |
| Dec 31, 2024 | -28.00 Mn |
| Dec 31, 2024 | -28.00 Mn |
| Sep 30, 2024 | 181.00 Mn |
| Sep 30, 2024 | 181.00 Mn |
| Jun 30, 2024 | -17.00 Mn |
| Jun 30, 2024 | -17.00 Mn |
| Mar 31, 2024 | -72.00 Mn |
| Mar 31, 2024 | -72.00 Mn |