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
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