South Bow Ratios and Metrics

Market cap in millions CAD. Fiscal year is January - December.

Millions CAD. Fiscal year is Jan - Dec.

Fiscal Year	Current	FY 2024	FY 2023
Period Ending	Jul '25 Jul 16, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023
Market Capitalization	7,563	7,041	-
Enterprise Value	15,252	20,327	-
Last Close Price	36.32	32.63	-
PE Ratio	18.04	15.49	-
Forward PE	16.87	14.13	-
PS Ratio	2.54	2.31	-
PB Ratio	2.02	1.88	-
P/TBV Ratio	2.02	1.88	-
P/FCF Ratio	13.15	12.02	-
P/OCF Ratio	9.71	9.25	-
PEG Ratio	8.03	7.06	-
EV/Sales Ratio	5.12	6.66	-
EV/EBITDA Ratio	10.59	14.26	-
EV/EBIT Ratio	14.11	18.96	-
EV/FCF Ratio	26.53	34.71	-
Debt / Equity Ratio	2.21	2.20	2.10
Debt / EBITDA Ratio	6.03	5.77	6.31
Debt / FCF Ratio	14.35	14.10	8.05
Asset Turnover	0.17	0.18	-
Inventory Turnover	5.37	6.05	-
Quick Ratio	0.96	0.94	0.87
Current Ratio	1.29	1.25	1.26
Return on Equity (ROE)	10.29%	11.60%	-
Return on Assets (ROA)	3.67%	3.99%	-
Return on Capital (ROIC)	5.06%	5.43%	-
Return on Capital Employed (ROCE)	7.30%	7.80%	7.00%
Earnings Yield	5.55%	6.46%	-
FCF Yield	7.60%	8.32%	-
Dividend Yield	7.49%	2.21%	-
Payout Ratio	105.14%	38.29%	42.99%
Buyback Yield / Dilution	-0.42%	-0.29%	-
Total Shareholder Return	7.07%	1.92%	-

Updated Mar 6, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.