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South Bow Corporation (TSX:SOBO)
Canada flag Canada · Delayed Price · Currency is CAD
50.54
+0.44 (0.88%)
Aug 11, 2026, 4:00 PM EST

South Bow Financials Overview

Millions USD. Fiscal year is Jan - Dec.

Revenue & Profits
Chart
Fiscal YearTTMFY 2025FY 2024FY 2023
Period EndingJun '26 Dec '25 Dec '24 Dec '23
Revenue
2,0011,9862,1202,005
Revenue Growth
-2.10%-6.32%5.74%-
Gross Profit
1,0049741,038947
Operating Income
750724774700
Net Income
460433316442
Earnings Per Share
2.202.071.522.13
EPS Growth
52.66%36.18%-28.61%-

Revenue by Segment
Chart
Fiscal YearTTMFY 2025FY 2024FY 2023
Period EndingJun '26 Dec '25 Dec '24 Dec '23
Keystone Pipeline System Segment
1,6081,5651,6431,556
Marketing Segment
371403453432
Intra-Alberta & Other Segment
22182417
Revenue (Total)
2,0011,9862,1202,005

Cash & Debt
Chart
Fiscal YearCurrentFY 2025FY 2024FY 2023
Period EndingJun '26 Dec '25 Dec '24 Dec '23
Cash & Investments
726549397262
Total Debt
5,7595,7945,7385,973
Net Cash (Debt)
-5,033-5,245-5,341-5,711
Net Cash Growth
----
Net Cash Per Share
-24.10-25.12-25.65-27.51

Cash Flow & CapEx
Chart
Fiscal YearTTMFY 2025FY 2024FY 2023
Period EndingJun '26 Dec '25 Dec '24 Dec '23
Operating Cash Flow
839717529779
Capital Expenditures
-157-178-122-37
Free Cash Flow
682539407742
Free Cash Flow Growth
39.47%32.43%-45.15%-

Margins
Chart
Fiscal YearTTMFY 2025FY 2024FY 2023
Period EndingJun '26 Dec '25 Dec '24 Dec '23
Gross Margin
50.18%49.04%48.96%47.23%
Operating Margin
37.48%36.45%36.51%34.91%
Pretax Margin
26.54%25.03%19.72%28.03%
Profit Margin
22.99%21.80%14.91%22.05%
FCF Margin
34.08%27.14%19.20%37.01%

Dividends
Chart
Fiscal YearCurrentFY 2025FY 2024
Period EndingAug '26 Dec '25 Dec '24
Dividend Per Share
2.7872.0000.500
Dividend Per Share Growth
0%300.00%-
Dividend Yield
5.56%7.48%2.35%

Valuation
Chart
Fiscal YearCurrentFY 2025FY 2024FY 2023
Period EndingAug '26 Dec '25 Dec '24 Dec '23
PE Ratio
16.1813.2415.49-
Forward PE
19.5716.6714.13-
P/FCF Ratio
10.8810.6412.02-
PS Ratio
3.712.892.31-