South Bow (SOBO) Tax Provisions (2024 - 2026)

South Bow (SOBO) posted quarterly Tax Provisions of $12.0 million for Q1 2026, down 45.45% year-over-year from $22.0 million in Q1 2025, and down 88.35% quarter-over-quarter from $103.0 million in Q4 2025.

South Bow (SOBO) Tax Provisions (2024 - 2026) Analysis & Trends

South Bow's Tax Provisions history runs 3 years deep, the most recent figure standing at $12.0 million for Q1 2026.

  • In Q1 2026, Tax Provisions fell 45.45% year-over-year to $12.0 million; the TTM figure through Mar 2026 stood at $54.0 million (down 43.16% YoY), while the FY2025 annual figure was $64.0 million, down 37.25% from the prior year.
  • Tax Provisions for Q1 2026 stood at $12.0 million, down from $103.0 million in the prior quarter.
  • The five-year high for Tax Provisions was $103.0 million in Q4 2025, with the low at -$71.0 million in Q3 2025.
  • The 3-year median for Tax Provisions is $22.0 million (2025), against an average of $19.8 million.
  • Peak annual rise in Tax Provisions reached 58.46% in 2025, while the deepest fall reached 86.84% in 2025.
  • South Bow's Tax Provisions stood at $65.0 million in 2024, then surged by 58.46% to $103.0 million in 2025, then tumbled by 88.35% to $12.0 million in 2026.
  • Business Quant data shows SOBO's Tax Provisions at $12.0 million in Q1 2026, $103.0 million in Q4 2025, and -$71.0 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Taxes (Qtr)
1 Kinder Morgan 112.69 Bn 112.57 Bn 3.07 Bn 272.00 Mn
2 Enbridge 110.69 Bn 109.19 Bn 5.23 Bn 319.53 Mn
3 Enterprise Products Partners 83.45 Bn 82.54 Bn - 12.00 Mn
4 Energy Transfer 72.64 Bn 71.61 Bn 7.40 Bn 194.00 Mn
5 Tc Energy 65.84 Bn 58.29 Bn 1.24 Bn 61.45 Mn
6 Mplx 60.05 Bn 59.02 Bn 2.73 Bn 2.00 Mn
7 Oneok 59.98 Bn 59.82 Bn 2.81 Bn 299.00 Mn
8 Targa Resources 59.50 Bn 59.37 Bn 2.14 Bn 227.20 Mn
9 Cheniere Energy 55.93 Bn 54.68 Bn 5.29 Bn 366.00 Mn
10 South Bow 7.64 Bn 7.00 Bn 417.00 Mn 12.00 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 12.00 Mn
Dec 31, 2025 103.00 Mn
Sep 30, 2025 -71.00 Mn
Jun 30, 2025 10.00 Mn
Mar 31, 2025 22.00 Mn
Dec 31, 2024 65.00 Mn
Sep 30, 2024 -38.00 Mn
Jun 30, 2024 46.00 Mn
Mar 31, 2024 29.00 Mn