$37.63
-1.41%
Compare
SSouth Bow vs EnbridgeSSouth Bow vs Williams CompaniesSSouth Bow vs Frontline PlcSSouth Bow vs Excelerate EnergySSouth Bow vs Golar LNGSSouth Bow vs S&P 500 | Market

TL;DR: Financial Overview - Revenue, Profits & Key Metrics

Latest Quarterly: Dec 2025

Income Metrics

Revenue 503.0M
Gross Profit 375.0M 74.55%
Operating Income 204.0M 40.56%
Net Income 156.0M 31.01%

Balance Sheet Metrics

Total Assets 11.2B
Total Liabilities 8.5B
Shareholders Equity 2.7B
Debt to Equity 3.13

Cash Flow Metrics

Operating Cash Flow 190.0M
Free Cash Flow 134.0M

Revenue & Profitability Trend

Quarter Income Flow i

Annual Income Flow i

South Bow Income Statement From 2024 to 2025

Metric 2025 2024
Revenue i 2.0B 2.1B
Cost of Goods Sold i 560.0M 622.0M
Gross Profit i 1.4B 1.5B
Gross Margin % i 71.8% 70.7%
Operating Expenses
Research & Development i - -
Selling, General & Administrative i - -
Other Operating Expenses i 711.0M 753.0M
Total Operating Expenses i 711.0M 753.0M
Operating Income i 715.0M 745.0M
Operating Margin % i 36.0% 35.1%
Non-Operating Items
Interest Income i 41.0M 12.0M
Interest Expense i 331.0M 388.0M
Other Non-Operating Income 72.0M 49.0M
Pre-tax Income i 497.0M 418.0M
Income Tax i 64.0M 102.0M
Effective Tax Rate % i 12.9% 24.4%
Net Income i 433.0M 316.0M
Net Margin % i 21.8% 14.9%
Key Metrics
EBITDA i 1.1B 1.1B
EPS (Basic) i $2.08 $1.52
EPS (Diluted) i $2.07 $1.52
Basic Shares Outstanding i 208200000 207600000
Diluted Shares Outstanding i 208200000 207600000

Income Statement Trend

Join Our United States Telegram Channel

Get Instant Market Updates: 52-Week High/Low Alerts, Breakout Notifications & Expert Stock Analysis Delivered To Your Phone. Join Traders Making Informed Decisions Daily!

Join Now →

South Bow Balance Sheet From 2024 to 2025

Metric 2025 2024
Assets
Current Assets
Cash & Equivalents i 549.0M 397.0M
Short-term Investments i - -
Accounts Receivable i 1.1B 1.2B
Inventory i 100.0M 207.0M
Other Current Assets 95.0M 59.0M
Total Current Assets i 2.0B 2.2B
Non-Current Assets
Property, Plant & Equipment i 11.1B 10.9B
Goodwill i - -
Intangible Assets i - -
Long-term Investments - -
Other Non-Current Assets 208.0M 183.0M
Total Non-Current Assets i 9.2B 9.1B
Total Assets i 11.2B 11.3B
Liabilities
Current Liabilities
Accounts Payable i 754.0M 1.5B
Short-term Debt i - -
Current Portion of Long-term Debt - -
Other Current Liabilities 302.0M -
Total Current Liabilities i 1.3B 1.8B
Non-Current Liabilities
Long-term Debt i 5.8B 5.7B
Deferred Tax Liabilities i 1.2B 1.1B
Other Non-Current Liabilities 122.0M 140.0M
Total Non-Current Liabilities i 7.1B 7.0B
Total Liabilities i 8.5B 8.7B
Equity
Common Stock i 2.2B 2.2B
Retained Earnings i -32.0M -49.0M
Treasury Stock i - -
Other Equity - -
Total Shareholders Equity i 2.7B 2.6B
Key Metrics
Total Debt i 5.8B 5.7B
Working Capital i 674.0M 437.0M

Balance Sheet Composition

South Bow Cash Flow Statement From 2024 to 2025

Metric 2025 2024
Operating Activities
Net Income i 433.0M 316.0M
Depreciation & Amortization i 247.0M 246.0M
Stock-Based Compensation i - -
Working Capital Changes i -35.0M -62.0M
Operating Cash Flow i 732.0M 564.0M
Investing Activities
Capital Expenditures i - -
Acquisitions i - -
Investment Purchases i - -
Investment Sales i - -
Investing Cash Flow i 3.0M 42.0M
Financing Activities
Share Repurchases i - -
Dividends Paid i -416.0M -
Debt Issuance i 0 4.5B
Debt Repayment i 0 -4.7B
Financing Cash Flow i -416.0M -316.0M
Free Cash Flow i 539.0M 407.0M
Net Change in Cash i 319.0M 290.0M

Cash Flow Trend

South Bow Key Financial Ratios

Valuation Ratios

P/E Ratio (TTM) 15.39
Forward P/E 16.04
Price to Book 2.45
Price to Sales 3.36
PEG Ratio 16.04

Profitability Ratios

Profit Margin 21.80%
Operating Margin 40.56%
Return on Equity 16.28%
Return on Assets 4.02%

Financial Health

Current Ratio 1.50
Debt to Equity 213.88

Per Share Data

EPS (TTM) $2.07
Book Value per Share $13.01
Revenue per Share $9.54

Peer Financial Comparison

Company Market Cap P/E Ratio P/B Ratio ROE Profit Margin Debt/Equity
SOBO 6.7B 15.39 2.45 16.28% 21.80% 213.88
Enbridge 114.6B 22.06 2.79 11.56% 11.49% 161.40
Williams Companies 88.3B 33.48 6.86 18.56% 22.13% 197.03
Frontline Plc 7.8B 20.39 3.07 15.63% 19.29% 122.18
Excelerate Energy 6.6B 26.36 1.58 8.11% 3.19% 64.66
Golar LNG 5.4B 86.05 2.84 5.07% 16.69% 133.72
Nippun Rana

Nippun Rana

Chasing the market trend!

Hi, I’m Nippun, a tech enthusiast from Haryana, India. I have been coding since 2010 and using my coding skills in the share market since 2020. I have been coding scripts in Pinescript that work on Tradingview app/web. I love learning about new technology and applying it to solve real-world problems. Coding and share-market are my passions, and I enjoy finding and fixing bugs in code. I aim to share my skill set and experience that can positively impact society. Feel free to connect with me, an...

Financial data is updated regularly. All figures are in the company's reporting currency.