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

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 5.38% (down 1471.0% YoY), while the FY2025 annual figure was 3.22%, down 1351.0% from the prior year.
• Tax Rate was 12.0% for Q1 2026 at South Bow, down from 15.03% in the prior quarter.
• In the past five years, Tax Rate ranged from a high of 41.82% in Q2 2024 to a low of 68.27% in Q3 2025.
• Historically, Tax Rate has averaged 1.53% across 3 years, with a median of 12.0% in 2026.
• Biggest YoY gain for Tax Rate was 670 bps in 2025; the steepest drop was 3388 bps in 2025.
• A 3-year view of Tax Rate shows it stood at 8.33% in 2024, then jumped by 80 bps to 15.03% in 2025, then fell by 20 bps to 12.0% in 2026.
• The last three Tax Rate figures came in at 12.0% (Q1 2026), 15.03% (Q4 2025), and 68.27% (Q3 2025), per Business Quant data.