South Bow (SOBO) Retained Earnings (2023 - 2026)
South Bow (SOBO) posted quarterly Retained Earnings of -$149.0 million for Q1 2026, up 23.98% year-over-year from -$120.2 million in Q1 2025, and down 23.14% quarter-over-quarter from -$121.0 million in Q4 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, down 146.94% from the prior year.
- Retained Earnings for Q1 2026 stood at -$149.0 million, down from -$121.0 million in the prior quarter.
- The five-year high for Retained Earnings was -$49.0 million in Q4 2024, with the low at -$196.0 million in Q1 2025.
- The 4-year median for Retained Earnings is -$149.0 million (2026), against an average of -$135.4 million.
- The sharpest annual moves came in 2024 and 2025: Retained Earnings soared 61.72% in 2024, then plunged 146.94% in 2025.
- South Bow's Retained Earnings stood at -$128.0 million in 2023, then jumped by 61.72% to -$49.0 million in 2024, then tumbled by 146.94% to -$121.0 million in 2025, then fell by 23.14% to -$149.0 million in 2026.
- Business Quant data shows SOBO's Retained Earnings at -$149.0 million in Q1 2026, -$121.0 million in Q4 2025, and -$154.0 million in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Retained Earnings (Qtr) |
|---|---|---|---|---|---|
| 1 | Kinder Morgan | 112.69 Bn | 112.57 Bn | 3.07 Bn | 41.32 Bn |
| 2 | Enbridge | 110.69 Bn | 109.19 Bn | 5.23 Bn | -14.70 Bn |
| 3 | Enterprise Products Partners | 83.45 Bn | 82.54 Bn | - | 174.00 Mn |
| 4 | Energy Transfer | 72.64 Bn | 71.61 Bn | 7.40 Bn | 49.00 Mn |
| 5 | Tc Energy | 65.84 Bn | 58.29 Bn | 1.24 Bn | -4.25 Bn |
| 6 | Mplx | 60.05 Bn | 59.02 Bn | 2.73 Bn | 5.00 Mn |
| 7 | Oneok | 59.98 Bn | 59.82 Bn | 2.81 Bn | 21.01 Bn |
| 8 | Targa Resources | 59.50 Bn | 59.37 Bn | 2.14 Bn | 3.13 Bn |
| 9 | Cheniere Energy | 55.93 Bn | 54.68 Bn | 5.29 Bn | 11.57 Bn |
| 10 | South Bow | 7.64 Bn | 7.00 Bn | 417.00 Mn | -149.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 | -49.00 Mn |
| Dec 31, 2023 | -128.00 Mn |