South Bow (SOBO) Tax Rate (2024 - 2026)
South Bow (SOBO) posted Tax Rate of 20.37% for Q3 2026, down 58.48 percentage points from 78.85% a year earlier but up 8.30 percentage points from the prior quarter.
South Bow (SOBO) Tax Rate (2024 - 2026) Analysis & Trends
For the trailing twelve months through Sep 30, 2026, Tax Rate at South Bow was 2.23%, down 38.59 percentage points year-over-year; for FY2025, it was 12.88%, down 11.52 percentage points from FY2024.
- In prior years, South Bow's Tax Rate was 24.40% in FY2024 (+3.05 pp) and 21.35% in FY2023.
- Quarterly Tax Rate has run from a low of 3.42% in Q1 2024 to a high of 78.85% in Q3 2025 over five years.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Enbridge | 102.91 Bn | 98.51 Bn | 4.84 Bn | 21.97% |
| 2 | Williams Companies | 80.95 Bn | 77.98 Bn | 2.59 Bn | - |
| 3 | Enterprise Products Partners | 80.03 Bn | 78.40 Bn | - | 1.03% |
| 4 | Kinder Morgan | 67.37 Bn | 66.22 Bn | 2.97 Bn | 19.39% |
| 5 | Energy Transfer | 65.33 Bn | 61.16 Bn | 6.57 Bn | 9.35% |
| 6 | Tc Energy | 65.10 Bn | 61.86 Bn | - | 11.44% |
| 7 | Cheniere Energy | 58.84 Bn | 52.99 Bn | 2.97 Bn | 10.16% |
| 8 | Targa Resources | 57.67 Bn | 57.13 Bn | 2.02 Bn | 20.53% |
| 9 | Mplx | 57.12 Bn | 51.15 Bn | 3.19 Bn | 0.17% |
| 10 | South Bow | 6.65 Bn | 4.21 Bn | 407.00 Mn | 20.37% |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 20.37% |
| Jun 30, 2026 | 12.07% |
| Sep 30, 2025 | 78.85% |
| Jun 30, 2025 | 15.87% |
| Dec 31, 2024 | 75.00% |
| Sep 30, 2024 | 74.44% |
| Mar 31, 2024 | 3.42% |
South Bow Tax Rate API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=tax-rate&ticker=SOBO&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "ticker": "SOBO", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=tax-rate&ticker=SOBO&period=max&api_key=YOUR_API_KEY");
const data = await res.json();