South Bow Corporation (SOBO)
NYSE: SOBO · Real-Time Price · USD
27.74
+0.28 (1.02%)
Dec 5, 2025, 4:00 PM EST - Market closed
South Bow Income Statement
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
| TTM
| FY 2024 | FY 2023 |
| Sep '25 Sep 30, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 |
| Revenue | 1,971 | 2,120 | 2,005 |
| Revenue Growth (YoY) | -9.47% | 5.74% | - |
| Cost of Revenue | 1,050 | 1,111 | 1,058 |
| Gross Profit | 921 | 1,009 | 947 |
| Selling, General & Admin | 3 | 3 | 3 |
| Other Operating Expenses | 5 | 15 | - |
| Operating Expenses | 259 | 264 | 247 |
| Operating Income | 662 | 745 | 700 |
| Interest Expense | -332 | -388 | -220 |
| Interest & Investment Income | 24 | 41 | 34 |
| Earnings From Equity Investments | 50 | 49 | 50 |
| Currency Exchange Gain (Loss) | -3 | -3 | -2 |
| EBT Excluding Unusual Items | 401 | 444 | 562 |
| Other Unusual Items | 15 | -26 | - |
| Pretax Income | 416 | 418 | 562 |
| Income Tax Expense | 84 | 102 | 120 |
| Net Income | 332 | 316 | 442 |
| Net Income to Common | 332 | 316 | 442 |
| Net Income Growth | -9.34% | -28.51% | - |
| Shares Outstanding (Basic) | 208 | 208 | 208 |
| Shares Outstanding (Diluted) | 209 | 208 | 208 |
| Shares Change (YoY) | 0.69% | 0.29% | - |
| EPS (Basic) | 1.60 | 1.52 | 2.13 |
| EPS (Diluted) | 1.59 | 1.52 | 2.13 |
| EPS Growth | -9.83% | -28.61% | - |
| Free Cash Flow | 343 | 407 | 742 |
| Free Cash Flow Per Share | 1.64 | 1.96 | 3.57 |
| Dividend Per Share | 2.000 | 0.500 | - |
| Gross Margin | 46.73% | 47.59% | 47.23% |
| Operating Margin | 33.59% | 35.14% | 34.91% |
| Profit Margin | 16.84% | 14.91% | 22.05% |
| Free Cash Flow Margin | 17.40% | 19.20% | 37.01% |
| EBITDA | 913 | 991 | 944 |
| EBITDA Margin | 46.32% | 46.74% | 47.08% |
| D&A For EBITDA | 251 | 246 | 244 |
| EBIT | 662 | 745 | 700 |
| EBIT Margin | 33.59% | 35.14% | 34.91% |
| Effective Tax Rate | 20.19% | 24.40% | 21.35% |
Source: S&P Capital IQ. Standard template.
Financial Sources.