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

South Bow's (SOBO) quarterly Retained Earnings came in at -$149.0 million in Q1 2026, up 23.98% year-on-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.

  • On a quarterly basis, Retained Earnings rose 23.98% year-over-year to -$149.0 million in Q1 2026; TTM through Mar 2026 was -$149.0 million, a 23.98% increase from a year earlier, with the FY2025 full-year figure at -$121.0 million, down 146.94% from the prior year.
  • Retained Earnings slipped to -$149.0 million in Q1 2026 per SOBO's latest filing, from -$121.0 million in the prior quarter.
  • Across five years, Retained Earnings topped out at -$49.0 million in Q4 2024 and bottomed 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.
  • Across the five-year window, Retained Earnings soared 61.72% in 2024 and sank 146.94% in 2025, its largest moves.
  • Year by year, Retained Earnings stood at -$128.0 million in 2023, then surged by 61.72% to -$49.0 million in 2024, then slumped by 146.94% to -$121.0 million in 2025, then retreated by 23.14% to -$149.0 million in 2026.
  • Per Business Quant, the three latest SOBO Retained Earnings figures stand at -$149.0 million (Q1 2026), -$121.0 million (Q4 2025), and -$154.0 million (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Retained Earnings (Qtr)
1 DHT Holdings 2,706.13 Bn 2,706.00 Bn 167.16 Mn 1.23 Bn
2 Flex LNG 1,674.16 Bn 1,673.77 Bn 61.79 Mn 704.30 Mn
3 Kinder Morgan 112.74 Bn 113.82 Bn 3.07 Bn 41.32 Bn
4 Enbridge 89.82 Bn 89.03 Bn 6.70 Bn -14.30 Bn
5 Enterprise Products Partners 83.97 Bn 82.82 Bn - -15.00 Mn
6 Tc Energy 72.76 Bn 73.95 Bn 1.36 Bn -4.25 Bn
7 Energy Transfer 70.27 Bn 69.30 Bn 6.62 Bn 72.00 Mn
8 Targa Resources 61.30 Bn 61.34 Bn 1.70 Bn 2.56 Bn
9 Oneok 61.15 Bn 61.02 Bn 8.98 Bn 2.47 Bn
10 South Bow 8.06 Bn 7.46 Bn 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 -49.00 Mn
Dec 31, 2023 -128.00 Mn