South Bow (SOBO) Tax Rate (2024 - 2026)
South Bow (SOBO) posted quarterly Tax Rate of 12.0% for Q1 2026, down 730.0% year-over-year from 1.9% in Q1 2025, and down 82.17% quarter-over-quarter from 67.32% in Q4 2025.
South Bow (SOBO) Tax Rate (2024 - 2026) Analysis & Trends
South Bow's Tax Rate history runs 3 years deep, the most recent figure standing at 12.0% for Q1 2026.
- In Q1 2026, Tax Rate fell 730.0% year-over-year to 12.0%; the TTM figure through Mar 2026 stood at 11.18% (down 1343.0% YoY), while the FY2025 annual figure was 12.88%, down 1152.0% from the prior year.
- Tax Rate for Q1 2026 stood at 12.0%, down from 67.32% in the prior quarter.
- The five-year high for Tax Rate was 90.28% in Q4 2024, with the low at 68.27% in Q3 2025.
- The 3-year median for Tax Rate is 19.3% (2025), against an average of 16.45%.
- Peak annual rise in Tax Rate reached 56 bps in 2025, while the deepest fall reached 3388 bps in 2025.
- South Bow's Tax Rate stood at 90.28% in 2024, then retreated by 25 bps to 67.32% in 2025, then slumped by 82 bps to 12.0% in 2026.
- Business Quant data shows SOBO's Tax Rate at 12.0% in Q1 2026, 67.32% in Q4 2025, and 68.27% in Q3 2025.
Powered by 
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Kinder Morgan | 112.69 Bn | 112.57 Bn | 3.07 Bn | 23.33% |
| 2 | Enbridge | 110.69 Bn | 109.19 Bn | 5.23 Bn | 21.97% |
| 3 | Enterprise Products Partners | 83.45 Bn | 82.54 Bn | - | 0.64% |
| 4 | Energy Transfer | 72.64 Bn | 71.61 Bn | 7.40 Bn | 7.12% |
| 5 | Tc Energy | 65.84 Bn | 58.29 Bn | 1.24 Bn | 5.85% |
| 6 | Mplx | 60.05 Bn | 59.02 Bn | 2.73 Bn | 0.18% |
| 7 | Oneok | 59.98 Bn | 59.82 Bn | 2.81 Bn | 23.62% |
| 8 | Targa Resources | 59.50 Bn | 59.37 Bn | 2.14 Bn | 22.61% |
| 9 | Cheniere Energy | 55.93 Bn | 54.68 Bn | 5.29 Bn | 9.13% |
| 10 | South Bow | 7.64 Bn | 7.00 Bn | 417.00 Mn | 12.00% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 12.00% |
| Mar 31, 2026 | 12.00% |
| Mar 31, 2026 | 12.00% |
| Dec 31, 2025 | 67.32% |
| Dec 31, 2025 | 67.32% |
| Dec 31, 2025 | 67.32% |
| Sep 30, 2025 | -68.27% |
| Sep 30, 2025 | -68.27% |
| Sep 30, 2025 | -68.27% |
| Jun 30, 2025 | 7.94% |
| Jun 30, 2025 | 7.94% |
| Jun 30, 2025 | 7.94% |
| Mar 31, 2025 | 19.30% |
| Mar 31, 2025 | 19.30% |
| Mar 31, 2025 | 19.30% |
| Dec 31, 2024 | 90.28% |
| Dec 31, 2024 | 90.28% |
| Dec 31, 2024 | 90.28% |
| Sep 30, 2024 | -42.22% |
| Sep 30, 2024 | -42.22% |