South Bow (SOBO) Profit After Tax (2023 - 2026)

South Bow (SOBO) posted Profit After Tax of $77.0 million for Q1 2026, down 50.64% on a QoQ basis from $156.0 million in Q4 2025, and down 12.5% year-on-year from $88.0 million in Q1 2025.

South Bow (SOBO) Profit After Tax (2023 - 2026) Analysis & Trends

South Bow has disclosed Profit After Tax across 4 years of filings, most recently posting $77.0 million for Q1 2026.

  • Profit After Tax for Q1 2026 came in at $77.0 million, down 12.5% year-over-year; the trailing twelve-month figure through Mar 2026 was $422.0 million (up 44.52% YoY), and the FY2025 annual result was $433.0 million, up 37.03% from the prior year.
  • Profit After Tax came in at $77.0 million for Q1 2026 at South Bow, down from $156.0 million in the prior quarter.
  • Over the last five years, Profit After Tax for SOBO reached as high as $203.0 million in Q4 2023 and fell as low as $55.0 million in Q4 2024.
  • Median Profit After Tax over the past 4 years was $90.5 million (2024), compared with a mean of $102.9 million.
  • Year-over-year, Profit After Tax slumped 72.91% in 2024 and soared 183.64% in 2025.
  • Over 4 years, Profit After Tax stood at $203.0 million in 2023, then tumbled by 72.91% to $55.0 million in 2024, then soared by 183.64% to $156.0 million in 2025, then sank by 50.64% to $77.0 million in 2026.
  • Per Business Quant, the three latest SOBO Profit After Tax figures stand at $77.0 million (Q1 2026), $156.0 million (Q4 2025), and $93.0 million (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) PAT (Qtr)
1 Enbridge 1,308.38 Bn 1,309.08 Bn 6.70 Bn 1.30 Bn
2 Kinder Morgan 112.34 Bn 113.42 Bn 3.08 Bn 976.00 Mn
3 Enterprise Products Partners 79.55 Bn 78.40 Bn - 1.50 Bn
4 Energy Transfer 65.78 Bn 65.07 Bn 6.62 Bn 1.25 Bn
5 Targa Resources 57.60 Bn 57.63 Bn 1.70 Bn 487.40 Mn
6 Mplx 57.17 Bn 55.67 Bn 2.54 Bn 912.00 Mn
7 Oneok 54.83 Bn 54.70 Bn 2.57 Bn 774.00 Mn
8 Cheniere Energy Partners 29.50 Bn 29.22 Bn 838.00 Mn 186.00 Mn
9 Venture Global 27.41 Bn 27.36 Bn 4.33 Bn 625.00 Mn
10 South Bow - - 417.00 Mn 77.00 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 77.00 Mn
Dec 31, 2025 156.00 Mn
Sep 30, 2025 93.00 Mn
Jun 30, 2025 96.00 Mn
Mar 31, 2025 88.00 Mn
Dec 31, 2024 55.00 Mn
Sep 30, 2024 61.00 Mn
Jun 30, 2024 88.00 Mn
Mar 31, 2024 112.00 Mn
Dec 31, 2023 203.00 Mn