South Bow (SOBO) Tax Provisions (2024 - 2026)
South Bow's (SOBO) quarterly Tax Provisions came in at $12.0 million in Q1 2026, down 45.45% year-on-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.
- On a quarterly basis, Tax Provisions fell 45.45% year-over-year to $12.0 million in Q1 2026; TTM through Mar 2026 was $54.0 million, a 43.16% decrease from a year earlier, with the FY2025 full-year figure at $64.0 million, down 37.25% from the prior year.
- Tax Provisions eased to $12.0 million in Q1 2026 per SOBO's latest filing, from $103.0 million in the prior quarter.
- Across five years, Tax Provisions topped out at $103.0 million in Q4 2025 and bottomed 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.
- Biggest YoY gain for Tax Provisions was 58.46% in 2025; the steepest drop was 86.84% in 2025.
- Year by year, Tax Provisions stood at $65.0 million in 2024, then soared by 58.46% to $103.0 million in 2025, then slumped by 88.35% to $12.0 million in 2026.
- Per Business Quant, the three latest SOBO Tax Provisions figures stand at $12.0 million (Q1 2026), $103.0 million (Q4 2025), and -$71.0 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | DHT Holdings | 2,706.13 Bn | 2,706.00 Bn | 167.16 Mn | -126,000.00 |
| 2 | Flex LNG | 1,674.16 Bn | 1,673.77 Bn | 61.79 Mn | -23,000.00 |
| 3 | Kinder Morgan | 112.74 Bn | 113.82 Bn | 3.07 Bn | 272.00 Mn |
| 4 | Enbridge | 89.82 Bn | 89.03 Bn | 6.70 Bn | 428.04 Mn |
| 5 | Enterprise Products Partners | 83.97 Bn | 82.82 Bn | - | 22.00 Mn |
| 6 | Tc Energy | 72.76 Bn | 73.95 Bn | 1.36 Bn | 102.54 Mn |
| 7 | Energy Transfer | 70.27 Bn | 69.30 Bn | 6.62 Bn | 135.00 Mn |
| 8 | Targa Resources | 61.30 Bn | 61.34 Bn | 1.70 Bn | 123.90 Mn |
| 9 | Oneok | 61.15 Bn | 61.02 Bn | 8.98 Bn | 245.00 Mn |
| 10 | South Bow | 8.06 Bn | 7.46 Bn | 417.00 Mn | 12.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |