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| 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 |