South Bow (SOBO) Receivables - Net (2023 - 2026)
South Bow (SOBO) recorded quarterly Receivables - Net of $977.0 million in Q1 2026, down 11.74% quarter-over-quarter from $1.1 billion in Q4 2025, and down 12.38% on a YoY basis from $1.1 billion in Q1 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.
- In Q1 2026, Receivables - Net fell 12.38% year-over-year to $977.0 million; the TTM figure through Mar 2026 stood at $977.0 million (down 12.38% YoY), while the FY2025 annual figure was $1.1 billion, down 6.97% from the prior year.
- Receivables - Net was $977.0 million for Q1 2026 at South Bow, down from $1.1 billion in the prior quarter.
- In the past five years, Receivables - Net ranged from a high of $1.3 billion in Q4 2023 to a low of $977.0 million in Q1 2026.
- Historically, Receivables - Net has averaged $1.1 billion across 4 years, with a median of $1.1 billion in 2025.
- The sharpest annual moves came in 2025 and 2026: Receivables - Net retreated 6.97% in 2025, then dropped 12.38% in 2026.
- A 4-year view of Receivables - Net shows it 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.
- The last three Receivables - Net figures came in at $977.0 million (Q1 2026), $1.1 billion (Q4 2025), and $1.1 billion (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Enbridge | 88.33 Bn | 89.03 Bn | 6.70 Bn |
| 2 | Enterprise Products Partners | 80.83 Bn | 79.68 Bn | - |
| 3 | Kinder Morgan | 69.66 Bn | 70.75 Bn | 3.08 Bn |
| 4 | Energy Transfer | 65.60 Bn | 64.88 Bn | 6.62 Bn |
| 5 | Scorpio Tankers | 59.17 Bn | 58.19 Bn | - |
| 6 | Mplx | 57.43 Bn | 55.92 Bn | 2.54 Bn |
| 7 | Targa Resources | 56.68 Bn | 56.71 Bn | 1.70 Bn |
| 8 | Oneok | 55.34 Bn | 55.21 Bn | 2.57 Bn |
| 9 | Tc Energy | 50.79 Bn | 51.99 Bn | 2.95 Bn |
| 10 | South Bow | - | - | 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 |