South Bow (SOBO) Other Working Capital Changes (2024 - 2026)

South Bow's (SOBO) quarterly Other Working Capital Changes came in at -$9.0 million in Q1 2026, up 82.0% year-on-year from -$4.9 million in Q1 2025, and down 111.69% quarter-over-quarter from $77.0 million in Q4 2025.

South Bow (SOBO) Other Working Capital Changes (2024 - 2026) Analysis & Trends

South Bow's Other Working Capital Changes history runs 3 years deep, the most recent figure standing at -$9.0 million for Q1 2026.

  • On a quarterly basis, Other Working Capital Changes rose 82.0% year-over-year to -$9.0 million in Q1 2026; TTM through Mar 2026 was $76.0 million, a 11.63% decrease from a year earlier, with the FY2025 full-year figure at $35.0 million, down 43.55% from the prior year.
  • Other Working Capital Changes eased to -$9.0 million in Q1 2026 per SOBO's latest filing, from $77.0 million in the prior quarter.
  • Across five years, Other Working Capital Changes topped out at $181.0 million in Q3 2024 and bottomed at -$72.0 million in Q1 2024.
  • The 3-year median for Other Working Capital Changes is -$15.0 million (2025), against an average of $10.0 million.
  • Biggest YoY gain for Other Working Capital Changes was 375.0% in 2025; the steepest drop was 108.29% in 2025.
  • Year by year, 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 DHT Holdings 2,706.13 Bn 2,706.00 Bn 167.16 Mn
2 Flex LNG 1,674.16 Bn 1,673.77 Bn 61.79 Mn
3 Kinder Morgan 112.74 Bn 113.82 Bn 3.07 Bn
4 Enbridge 89.82 Bn 89.03 Bn 6.70 Bn
5 Enterprise Products Partners 83.97 Bn 82.82 Bn -
6 Tc Energy 72.76 Bn 73.95 Bn 1.36 Bn
7 Energy Transfer 70.27 Bn 69.30 Bn 6.62 Bn
8 Targa Resources 61.30 Bn 61.34 Bn 1.70 Bn
9 Oneok 61.15 Bn 61.02 Bn 8.98 Bn
10 South Bow 8.06 Bn 7.46 Bn 417.00 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 -9.00 Mn
Mar 31, 2026 -9.00 Mn
Mar 31, 2026 -9.00 Mn
Dec 31, 2025 77.00 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
Sep 30, 2025 -15.00 Mn
Jun 30, 2025 23.00 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
Mar 31, 2025 -50.00 Mn
Dec 31, 2024 -28.00 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