South Bow (SOBO) Retained Earnings (2023 - 2026)

South Bow (SOBO) recorded quarterly Retained Earnings of -$149.0 million in Q1 2026, down 23.14% quarter-over-quarter from -$121.0 million in Q4 2025, and up 23.98% on a YoY basis from -$120.2 million in Q1 2025.

South Bow (SOBO) Retained Earnings (2023 - 2026) Analysis & Trends

South Bow's Retained Earnings history runs 4 years deep, the most recent figure standing at -$149.0 million for Q1 2026.

  • In Q1 2026, Retained Earnings rose 23.98% year-over-year to -$149.0 million; the TTM figure through Mar 2026 stood at -$149.0 million (up 23.98% YoY), while the FY2025 annual figure was -$121.0 million, up 38.89% from the prior year.
  • Retained Earnings was -$149.0 million for Q1 2026 at South Bow, down from -$121.0 million in the prior quarter.
  • In the past five years, Retained Earnings ranged from a high of -$121.0 million in Q4 2025 to a low of -$198.0 million in Q4 2024.
  • Historically, Retained Earnings has averaged -$156.7 million across 4 years, with a median of -$151.0 million in 2025.
  • The sharpest annual moves came in 2024 and 2025: Retained Earnings tumbled 54.69% in 2024, then jumped 38.89% in 2025.
  • A 4-year view of Retained Earnings shows it stood at -$128.0 million in 2023, then sank by 54.69% to -$198.0 million in 2024, then soared by 38.89% to -$121.0 million in 2025, then retreated by 23.14% to -$149.0 million in 2026.
  • The last three Retained Earnings figures came in at -$149.0 million (Q1 2026), -$121.0 million (Q4 2025), and -$154.0 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Retained Earnings (Qtr)
1 Enbridge 88.33 Bn 89.03 Bn 6.70 Bn -14.30 Bn
2 Enterprise Products Partners 80.83 Bn 79.68 Bn - -15.00 Mn
3 Kinder Morgan 69.66 Bn 70.75 Bn 3.08 Bn -9.86 Bn
4 Energy Transfer 65.60 Bn 64.88 Bn 6.62 Bn 72.00 Mn
5 Scorpio Tankers 59.17 Bn 58.19 Bn - 1.63 Bn
6 Mplx 57.43 Bn 55.92 Bn 2.54 Bn 5.00 Mn
7 Targa Resources 56.68 Bn 56.71 Bn 1.70 Bn -14.70 Mn
8 Oneok 55.34 Bn 55.21 Bn 2.57 Bn 2.47 Bn
9 Tc Energy 50.79 Bn 51.99 Bn 2.95 Bn -4.25 Bn
10 South Bow - - 417.00 Mn -149.00 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 -149.00 Mn
Dec 31, 2025 -121.00 Mn
Sep 30, 2025 -154.00 Mn
Jun 30, 2025 -151.00 Mn
Mar 31, 2025 -196.00 Mn
Dec 31, 2024 -198.00 Mn
Dec 31, 2023 -128.00 Mn