South Bow (SOBO) Receivables - Net (2023 - 2026)
South Bow's (SOBO) quarterly Receivables - Net came in at $977.0 million in Q1 2026, down 12.38% year-on-year from $1.1 billion in Q1 2025, and down 11.74% quarter-over-quarter from $1.1 billion in Q4 2025.
South Bow (SOBO) Receivables - Net (2023 - 2026) Analysis & Trends
South Bow's Receivables - Net history runs 4 years deep, the most recent figure standing at $977.0 million for Q1 2026.
- On a quarterly basis, Receivables - Net fell 12.38% year-over-year to $977.0 million in Q1 2026; TTM through Mar 2026 was $977.0 million, a 12.38% decrease from a year earlier, with the FY2025 full-year figure at $1.1 billion, down 6.97% from the prior year.
- Receivables - Net retreated to $977.0 million in Q1 2026 per SOBO's latest filing, from $1.1 billion in the prior quarter.
- Across five years, Receivables - Net topped out at $1.3 billion in Q4 2023 and bottomed at $977.0 million in Q1 2026.
- The 4-year median for Receivables - Net is $1.1 billion (2025), against an average of $1.1 billion.
- Across the five-year window, Receivables - Net slipped 6.97% in 2025 and fell 12.38% in 2026, its largest moves.
- Year by year, Receivables - Net stood at $1.3 billion in 2023, then dropped by 11.46% to $1.2 billion in 2024, then declined by 6.97% to $1.1 billion in 2025, then dropped by 11.74% to $977.0 million in 2026.
- Per Business Quant, the three latest SOBO Receivables - Net figures stand at $977.0 million (Q1 2026), $1.1 billion (Q4 2025), and $1.1 billion (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| Date | Value |
|---|---|
| Mar 31, 2026 | 977.00 Mn |
| Mar 31, 2026 | 977.00 Mn |
| Dec 31, 2025 | 1.11 Bn |
| Dec 31, 2025 | 1.11 Bn |
| Sep 30, 2025 | 1.09 Bn |
| Sep 30, 2025 | 1.09 Bn |
| Jun 30, 2025 | 1.12 Bn |
| Jun 30, 2025 | 1.12 Bn |
| Mar 31, 2025 | 1.12 Bn |
| Mar 31, 2025 | 1.12 Bn |
| Dec 31, 2024 | 1.19 Bn |
| Dec 31, 2024 | 1.19 Bn |
| Dec 31, 2023 | 1.34 Bn |
| Dec 31, 2023 | 1.34 Bn |