Is South Bow Corporation (SOBO) a Buy, Sell, or Hold?
NYSE : SOBO
South Bow Corporation — Financials
$35.62 USD
$0.28 (0.79%)
- Volume
- 682.31K
- Average Volume
- 847.4K
- Market Capitalization
- $7.43B
- P/E Ratio
- 17.46
- Dividend Yield
- 5.62%
- Price Target
- $35.50
- Year High
- $38.94
- Year Low
- $25.02
- Day High
- —
- Day Low
- —
- Payout Ratio
- $1.19
- Current Ratio
- $1.51
SOBO Financial Statements
| date | 2025-12-31 | 2024-12-31 | 2023-12-31 |
|---|---|---|---|
| revenue | 1.61B | 2.12B | 2.66B |
| costOfRevenue | 1.3B | 622M | 465.25M |
| grossProfit | 309.32M | 1.5B | 2.19B |
| researchAndDevelopmentExpenses | - | - | - |
| generalAndAdministrativeExpenses | - | - | - |
| sellingAndMarketingExpenses | - | - | - |
| sellingGeneralAndAdministrativeExpenses | - | - | - |
| otherExpenses | -8.14M | 753M | 1.26B |
| operatingExpenses | -8.14M | 753M | 1.26B |
| costAndExpenses | 1.29B | 1.38B | 1.73B |
| netInterestIncome | -296.09M | -376M | -249.19M |
| interestIncome | 40.7M | 12M | 42.42M |
| interestExpense | 336.79M | 388M | 291.61M |
| depreciationAndAmortization | 251.32M | 246M | 323.42M |
| ebitda | 1.09B | 1.05B | 1.36B |
| ebit | 842.49M | 806M | 1.04B |
| nonOperatingIncomeExcludingInterest | -525.03M | -61M | -108.69M |
| operatingIncome | 317.46M | 745M | 927.84M |
| totalOtherIncomeExpensesNet | 188.24M | -327M | -182.92M |
| incomeBeforeTax | 505.7M | 418M | 744.93M |
| incomeTaxExpense | 65.12M | 102M | 159.06M |
| netIncomeFromContinuingOperations | 440.58M | 316M | 585.87M |
| netIncomeFromDiscontinuedOperations | - | - | - |
| otherAdjustmentsToNetIncome | - | - | - |
| netIncome | 440.58M | 316M | 585.87M |
| netIncomeDeductions | - | - | - |
| bottomLineNetIncome | 440.58M | 316M | 585.87M |
| eps | 2.12 | 1.52 | 2.82 |
| date | 2025-12-31 | 2024-12-31 | 2023-12-31 |
|---|---|---|---|
| cashAndCashEquivalents | 573.95M | 397M | 347.28M |
| shortTermInvestments | - | - | - |
| cashAndShortTermInvestments | 573.95M | 397M | 347.28M |
| netReceivables | 1.18B | 1.25B | 1.86B |
| accountsReceivables | 1.11B | 1.19B | 1.86B |
| otherReceivables | 65.88M | 63M | - |
| inventory | 99.82M | 207M | 212.08M |
| prepaids | 26.95M | 28M | - |
| otherCurrentAssets | 132.76M | 313M | 1.04B |
| totalCurrentAssets | 2.01B | 2.2B | 3.46B |
| propertyPlantEquipmentNet | 8.23B | 8.2B | 11.17B |
| goodwill | - | - | - |
| intangibleAssets | - | - | - |
| goodwillAndIntangibleAssets | - | - | - |
| longTermInvestments | 830.49M | 732M | 1.08B |
| taxAssets | 22.96M | 16M | - |
| otherNonCurrentAssets | 73.87M | 177M | 234.61M |
| totalNonCurrentAssets | 9.16B | 9.13B | 12.48B |
| otherAssets | - | 1M | - |
| totalAssets | 11.17B | 11.33B | 15.95B |
| totalPayables | 864.42M | 1.65B | 1.63B |
| accountPayables | 752.63M | 1.54B | 1.63B |
| otherPayables | 111.8M | 104M | - |
| accruedExpenses | 48.91M | 113M | 123.27M |
| shortTermDebt | - | - | - |
| capitalLeaseObligationsCurrent | - | - | - |
| taxPayables | - | - | - |
| deferredRevenue | 15.97M | - | - |
| otherCurrentLiabilities | 409.25M | - | 998.1M |
| totalCurrentLiabilities | 1.34B | 1.76B | 2.75B |
| longTermDebt | 5.76B | 5.72B | 7.91B |
| capitalLeaseObligationsNonCurrent | 22.96M | - | 7.95M |
| deferredRevenueNonCurrent | 23.96M | - | - |
| deferredTaxLiabilitiesNonCurrent | 1.19B | 1.1B | - |
| otherNonCurrentLiabilities | 131.76M | 140M | 1.52B |
| totalNonCurrentLiabilities | 7.13B | 6.96B | 9.43B |
| otherLiabilities | - | - | - |
| capitalLeaseObligations | 22.96M | - | 7.95M |
| totalLiabilities | 8.47B | 8.72B | 12.18B |
| treasuryStock | - | - | - |
| preferredStock | - | - | - |
| commonStock | 2.2B | 2.2B | 3.93B |
| retainedEarnings | -31.94M | -49M | - |
| additionalPaidInCapital | 659.8M | 661M | - |
| date | 2025-12-31 | 2024-12-31 | 2023-12-31 |
|---|---|---|---|
| netIncome | 440.58M | 300.83M | 585.87M |
| depreciationAndAmortization | 251.32M | 234.19M | 323.42M |
| deferredIncomeTax | 81.4M | 56.17M | 88.81M |
| stockBasedCompensation | - | - | - |
| changeInWorkingCapital | -35.61M | -59.02M | -45.07M |
| accountsReceivables | 84.45M | 96.15M | -332.7M |
| inventory | 108.87M | -47.6M | 83.51M |
| accountsPayables | -206.55M | -77.11M | -159.06M |
| otherWorkingCapital | -22.39M | -30.46M | 363.19M |
| otherNonCashItems | -8.14M | -28.56M | 79.53M |
| netCashProvidedByOperatingActivities | 729.55M | 503.6M | 1.03B |
| investmentsInPropertyPlantAndEquipment | -181.12M | -116.14M | -49.04M |
| acquisitionsNet | - | 36.18M | - |
| purchasesOfInvestments | - | - | - |
| salesMaturitiesOfInvestments | - | - | - |
| otherInvestingActivities | 3.05M | 3.81M | 131.22M |
| netCashProvidedByInvestingActivities | -178.06M | -76.16M | 82.18M |
| netDebtIssuance | - | -178.02M | -463.92M |
| longTermNetDebtIssuance | - | -178.02M | -463.92M |
| shortTermNetDebtIssuance | - | - | - |
| netStockIssuance | 5.09M | 8.57M | - |
| netCommonStockIssuance | 5.09M | 8.57M | - |
| commonStockIssuance | 5.09M | 8.57M | - |
| commonStockRepurchased | - | - | - |
| netPreferredStockIssuance | - | - | - |
| netDividendsPaid | -423.28M | - | - |
| commonDividendsPaid | -423.28M | - | - |
| preferredDividendsPaid | - | - | - |
| otherFinancingActivities | - | -122.81M | -300.89M |
| netCashProvidedByFinancingActivities | -418.19M | -292.26M | -764.81M |
| date | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| revenue | 417.14M | 419.35M | 263.51M | 524M | 498M | 577.09M | 538.83M | 553.89M | 541.57M | 678.35M |
| costOfRevenue | 325.43M | 316.8M | 224.02M | 142M | 84M | 383.33M | 99.92M | 367.92M | 321.56M | 413.74M |
| grossProfit | 91.71M | 102.55M | 39.49M | 382M | 414M | 193.76M | 438.91M | 185.96M | 220.01M | 264.61M |
| researchAndDevelopmentExpenses | - | - | - | - | - | - | - | - | - | - |
| generalAndAdministrativeExpenses | - | - | - | - | - | - | - | - | - | - |
| sellingAndMarketingExpenses | - | - | - | - | - | - | - | - | - | - |
| sellingGeneralAndAdministrativeExpenses | - | - | - | - | - | - | - | - | - | - |
| otherExpenses | - | -13.2M | 1.44M | 196M | 236M | 3M | 256.83M | - | - | 3.98M |
| operatingExpenses | - | -13.2M | 1.44M | 196M | 236M | 3M | 256.83M | - | - | 3.98M |
| costAndExpenses | 325.43M | 303.6M | 225.45M | 338M | 320M | 386.33M | 356.75M | 367.92M | 321.56M | 417.72M |
| netInterestIncome | -72.97M | -67.01M | -53.85M | -73M | -77M | -109.55M | -90.3M | -88.98M | -86.61M | -130.23M |
| interestIncome | 9.86M | 17.26M | 6.46M | 8M | 6M | -27.97M | 26.65M | 6M | 6.97M | 9.26M |
| interestExpense | 82.84M | 84.28M | 60.31M | 81M | 83M | 81.58M | 116.94M | 94.98M | 93.58M | 139.49M |
| depreciationAndAmortization | 63.11M | 58.89M | 45.95M | 63M | 62M | 72.25M | 61.43M | 61.99M | 60.73M | 76.51M |
| ebitda | 244.56M | 298.52M | 180.94M | 270M | 259M | 241.79M | 267.93M | 266.94M | 299.66M | 349.96M |
| ebit | 181.45M | 239.63M | 134.98M | 207M | 197M | 169.54M | 206.5M | 204.96M | 238.93M | 273.44M |
| nonOperatingIncomeExcludingInterest | -89.74M | -123.88M | -96.93M | -21M | -19M | 21.22M | -24.42M | -19M | -18.92M | -12.81M |
| operatingIncome | 91.71M | 115.75M | 38.05M | 186M | 178M | 190.76M | 182.08M | 185.96M | 220.01M | 260.63M |
| totalOtherIncomeExpensesNet | 6.9M | 39.6M | 36.62M | -60M | -64M | -98.72M | -92.52M | -75.98M | -74.66M | -97.84M |
| incomeBeforeTax | 98.61M | 155.35M | 74.67M | 126M | 114M | 92.04M | 89.56M | 109.98M | 145.35M | 162.79M |
| incomeTaxExpense | 22.68M | -3.05M | 7.9M | 30M | 26M | 21.38M | 28.87M | 22M | 33.85M | 33.6M |
| netIncomeFromContinuingOperations | 75.93M | 158.4M | 66.77M | 96M | 88M | 70.66M | 60.69M | 87.98M | 111.5M | 129.19M |
| netIncomeFromDiscontinuedOperations | - | - | - | - | - | - | - | - | - | - |
| otherAdjustmentsToNetIncome | - | - | - | - | - | - | - | - | - | - |
| netIncome | 75.93M | 158.4M | 66.77M | 96M | 88M | 70.66M | 60.69M | 87.98M | 111.5M | 129.19M |
| netIncomeDeductions | - | - | - | - | - | - | - | - | - | - |
| bottomLineNetIncome | 75.93M | 158.4M | 66.77M | 96M | 88M | 70.66M | 60.69M | 87.98M | 111.5M | 129.19M |
| eps | 0.36 | 0.76 | 0.32 | 0.46 | 0.42 | 0.34 | 0.29 | 0.42 | 0.54 | 0.68 |
| date | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| cashAndCashEquivalents | 600.97M | 573.95M | 359.72M | 452M | 390M | 397M | 5.18B | 473.65M | 708.51M | 347.28M |
| shortTermInvestments | - | - | - | - | - | - | - | - | - | - |
| cashAndShortTermInvestments | 600.97M | 573.95M | 359.72M | 452M | 390M | 397M | 5.18B | 473.65M | 708.51M | 347.28M |
| netReceivables | 980.21M | 1.18B | 787.65M | 1.14B | 1.15B | 1.25B | 1.25B | 2.13B | 2.32B | 1.86B |
| accountsReceivables | 980.21M | 1.11B | 787.65M | 1.12B | 1.12B | 1.19B | 1.25B | 2.13B | 2.32B | 1.86B |
| otherReceivables | - | 65.88M | - | 18M | 39M | 63M | - | - | - | - |
| inventory | 192.63M | 99.82M | 91.19M | 151M | 144M | 207M | 209.15M | 254.81M | 362.77M | 212.08M |
| prepaids | - | 26.95M | - | - | - | 28M | - | - | - | - |
| otherCurrentAssets | 410.35M | 132.76M | 433.67M | 556M | 379M | 313M | 784.87M | 772.42M | 1.24B | 1.04B |
| totalCurrentAssets | 2.18B | 2.01B | 1.67B | 2.3B | 2.07B | 2.2B | 7.42B | 3.63B | 4.63B | 3.46B |
| propertyPlantEquipmentNet | 8.15B | 8.23B | 5.88B | 8.29B | 8.21B | 8.2B | 8.31B | 11.35B | 11.32B | 11.17B |
| goodwill | - | - | - | - | - | - | - | - | - | - |
| intangibleAssets | - | - | - | - | - | - | - | - | - | - |
| goodwillAndIntangibleAssets | - | - | - | - | - | - | - | - | - | - |
| longTermInvestments | 818.68M | 830.49M | 586.61M | 726M | 726M | 732M | 880.95M | 1.07B | 1.07B | 1.08B |
| taxAssets | 23.08M | 22.96M | 11.49M | 16M | 16M | 16M | - | - | - | - |
| otherNonCurrentAssets | 103.34M | 73.87M | 84.72M | 157M | 158M | 177M | 171.46M | 302.77M | 261.56M | 234.61M |
| totalNonCurrentAssets | 9.09B | 9.16B | 6.56B | 9.19B | 9.11B | 9.13B | 9.36B | 12.72B | 12.65B | 12.48B |
| otherAssets | - | - | - | - | - | 1M | - | - | - | - |
| totalAssets | 11.28B | 11.17B | 8.23B | 11.48B | 11.18B | 11.33B | 16.78B | 16.35B | 17.28B | 15.95B |
| totalPayables | 1.03B | 760.61M | 855.14M | 1.69B | 1.49B | 1.65B | 1.18B | 2.03B | 2.26B | 1.63B |
| accountPayables | 1.03B | 752.63M | 855.14M | 1.59B | 1.39B | 1.54B | 1.18B | 2.03B | 2.26B | 1.63B |
| otherPayables | - | 7.99M | - | 104M | 104M | 104M | - | - | - | - |
| accruedExpenses | - | 48.91M | - | 100M | 114M | 113M | - | - | - | 123.27M |
| shortTermDebt | - | - | - | - | - | - | 4.67B | - | - | - |
| capitalLeaseObligationsCurrent | - | - | - | - | - | - | - | - | - | - |
| taxPayables | - | - | - | - | - | - | - | - | - | - |
| deferredRevenue | 16.05M | 15.97M | 12.92M | - | - | - | 19.22M | - | - | - |
| otherCurrentLiabilities | 405.33M | 513.06M | 362.59M | - | - | - | 1.01B | 629.53M | 1.23B | 998.1M |
| totalCurrentLiabilities | 1.45B | 1.34B | 1.23B | 1.79B | 1.61B | 1.76B | 6.88B | 2.66B | 3.49B | 2.75B |
| longTermDebt | 5.77B | 5.76B | 4.13B | 5.77B | 5.72B | 5.72B | 5.77B | 8.08B | 8.04B | 7.91B |
| capitalLeaseObligationsNonCurrent | - | 22.96M | - | - | - | - | - | - | - | 7.95M |
| deferredRevenueNonCurrent | 23.08M | 23.96M | 14.36M | - | - | - | 16.26M | - | - | - |
| deferredTaxLiabilitiesNonCurrent | 1.21B | 1.19B | 869.5M | 1.13B | 1.11B | 1.1B | 1.08B | - | - | - |
| otherNonCurrentLiabilities | 156.51M | 131.76M | 102.67M | 147M | 143M | 140M | 215.8M | 1.62B | 1.58B | 1.52B |
| totalNonCurrentLiabilities | 7.16B | 7.13B | 5.12B | 7.05B | 6.97B | 6.96B | 7.08B | 9.69B | 9.61B | 9.43B |
| otherLiabilities | - | - | - | - | - | - | - | - | - | - |
| capitalLeaseObligations | - | 22.96M | - | - | - | - | - | - | - | 7.95M |
| totalLiabilities | 8.61B | 8.47B | 6.35B | 8.85B | 8.58B | 8.72B | 13.96B | 12.35B | 13.1B | 12.18B |
| treasuryStock | - | - | - | - | - | - | - | - | - | - |
| preferredStock | - | - | - | - | - | - | - | - | - | - |
| commonStock | 2.22B | 2.2B | 1.58B | 2.2B | 2.2B | 2.2B | 2.27B | 3.19B | 3.37B | 3.93B |
| retainedEarnings | -59.19M | -31.94M | -60.31M | -73M | -65M | -49M | - | - | - | - |
| additionalPaidInCapital | 663.17M | 659.8M | 474.6M | 661M | 661M | 661M | - | - | - | - |
| date | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| netIncome | 75.93M | 158.4M | 66.77M | 97.58M | 87.73M | 54.73M | 60.69M | 120.35M | 151.99M | 142.18M |
| depreciationAndAmortization | 63.11M | 58.89M | 45.95M | 64.04M | 61.81M | 61.94M | 61.43M | 84.79M | 82.78M | 83.54M |
| deferredIncomeTax | 10.85M | 4.21M | 51.83M | 20.63M | 3.99M | - | 66.61M | -32.82M | 6.79M | 16.65M |
| stockBasedCompensation | - | - | - | - | - | - | - | - | - | - |
| changeInWorkingCapital | -8.88M | -5.03M | -2.84M | 24.75M | -49.85M | -145.89M | 170.97M | -23.25M | -97.7M | 79.75M |
| accountsReceivables | - | - | - | - | - | - | - | - | - | - |
| inventory | - | - | - | - | - | - | - | - | - | - |
| accountsPayables | - | - | - | - | - | - | - | - | - | - |
| otherWorkingCapital | -8.88M | -5.03M | -2.84M | 24.75M | -49.85M | -145.89M | 170.97M | -23.25M | -97.7M | 79.75M |
| otherNonCashItems | 42.4M | 132.23M | -108.96M | -8.55M | 20.94M | -8.74M | -8.14M | -24.62M | 8.14M | -10.18M |
| netCashProvidedByOperatingActivities | 183.42M | 348.7M | 52.76M | 198.44M | 124.62M | -37.95M | 351.57M | 124.45M | 151.99M | 311.94M |
| investmentsInPropertyPlantAndEquipment | -26.63M | -95.19M | -17.95M | -34.59M | -31.9M | -27.89M | -62.12M | -27.35M | -16.28M | -14.91M |
| acquisitionsNet | - | - | - | - | - | 15.33M | - | - | - | - |
| purchasesOfInvestments | - | - | - | - | - | - | - | - | - | - |
| salesMaturitiesOfInvestments | - | - | - | - | - | - | - | - | - | - |
| otherInvestingActivities | 986.15K | 867.92K | -881.35K | 3.11M | - | -1.75M | 740K | 20.51M | 14.93M | 54.19M |
| netCashProvidedByInvestingActivities | -25.64M | -94.32M | -18.83M | -31.48M | -31.9M | -14.31M | -61.38M | -6.84M | -1.36M | 39.27M |
| netDebtIssuance | - | - | - | - | - | -4.43B | 4.53B | - | - | -522.43M |
| longTermNetDebtIssuance | - | - | - | - | - | -4.43B | 4.53B | - | - | -522.43M |
| shortTermNetDebtIssuance | - | - | - | - | - | - | - | - | - | - |
| netStockIssuance | 6.9M | 1.45M | -457.13K | -75402 | 3.99M | 8.57M | - | - | - | - |
| netCommonStockIssuance | 6.9M | 1.45M | -457.13K | -75402 | 3.99M | 8.57M | - | - | - | - |
| commonStockIssuance | 6.9M | 1.45M | -457.13K | -75402 | 3.99M | 8.57M | - | - | - | - |
| commonStockRepurchased | - | - | - | - | - | - | - | - | - | - |
| netPreferredStockIssuance | - | - | - | - | - | - | - | - | - | - |
| netDividendsPaid | -102.56M | -196.08M | -13.57M | -105.68M | -103.69M | -17.98M | 21.44M | - | - | - |
| commonDividendsPaid | -102.56M | -196.08M | -13.57M | -105.68M | -103.69M | -17.98M | 21.44M | - | - | - |
| preferredDividendsPaid | - | - | - | - | - | - | - | - | - | - |
| otherFinancingActivities | - | - | - | - | - | -6.84M | 19000 | -363.79M | 195.41M | -42.48M |
| netCashProvidedByFinancingActivities | -95.66M | -194.64M | -14.02M | -105.76M | -99.7M | -4.45B | 4.55B | -363.79M | 195.41M | -564.91M |