SOBONYSEPipe Lines (No Natural Gas)Fiscal year ends December 31
South Bow Corp
Financials through fiscal 2025, year ended Dec 31, 2025Last filing: 40-F on Mar 16, 2026
$34.20−0.49 (-1.41%)
Close on Oct 19, 2026
- Market cap
- –
- P/E (TTM)
- 16.5
- Dividend yield
- –
South Bow statistics
Financials through Dec 31, 2025, price as of Oct 19, 2026, median of Pipe Lines (No Natural Gas) companies for comparison
Valuation
| Measure | South Bow | Industry median |
|---|---|---|
| Market Cap | $7.12B | $7.12B |
| Enterprise Value | $6.57B | $12.79B |
| PE Ratio | 16.52 | |
| PS Ratio | 3.59 | 0.93 |
| P/OCF Ratio | 9.93 | 7.95 |
Enterprise value
| Measure | South Bow | Industry median |
|---|---|---|
| EV / Sales | 3.31 | 0.96 |
| EV / EBITDA | 6.11 | 6.48 |
Income (trailing twelve months)
| Measure | South Bow | Industry median |
|---|---|---|
| Revenue | $1.99B | $13.22B |
| Gross Profit | $1.67B | $4.03B |
| Pretax Income | $497.00M | $1.49B |
| EBITDA | $1.08B | $2.61B |
| EPS (Diluted) | $2.07 |
Margins
| Measure | South Bow | Industry median |
|---|---|---|
| Gross Margin | 84.2% | 12.9% |
| Pretax Margin | 25.0% | 8.00% |
| EBITDA Margin | 54.1% | 27.4% |
Growth
| Measure | South Bow | Industry median |
|---|---|---|
| Revenue Growth (YoY) | -6.32% | 12.2% |
| EPS Growth (YoY) | 36.2% |
Balance sheet
| Measure | South Bow | Industry median |
|---|---|---|
| Cash & Short-Term Investments | $549.00M | $1.03B |
| Net Cash (Debt) | $549.00M | -$2.36B |
| Net Cash Per Share | $2.64 | -$10.46 |
| Working Capital | $674.00M | $674.00M |
Financial position
| Measure | South Bow | Industry median |
|---|---|---|
| Current Ratio | 1.50 | 1.12 |
| Quick Ratio | 1.23 | 1.07 |
Cash flow (trailing twelve months)
| Measure | South Bow | Industry median |
|---|---|---|
| Operating Cash Flow | $717.00M | $2.78B |
Efficiency
| Measure | South Bow | Industry median |
|---|---|---|
| Asset Turnover | 0.18 | 0.43 |
| Inventory Turnover | 2.04 | 48.40 |
Dividends and yields
| Measure | South Bow | Industry median |
|---|---|---|
| Buyback Yield | -0.07% | |
| Shareholder Yield | -0.07% |
Shares
| Measure | South Bow | Industry median |
|---|---|---|
| Shares Outstanding | 208,251,000 | 197,904,000 |
| Shares Change (YoY) | 0.29% | |
| Float | 208,251,000 | 201,734,500 |
| Shares Held by Insiders | 0.00% | 3.51% |
| Shares Held by Institutions | 62.0% | 62.0% |
Taxes
| Measure | South Bow | Industry median |
|---|---|---|
| Income Tax | $64.00M | $84.50M |
| Effective Tax Rate | 12.9% | 9.96% |
Scores
| Measure | South Bow | Industry median |
|---|---|---|
| Altman Z-Score | 0.75 |
Calculated by StockData from South Bow's SEC filings and the latest closing price. Hover a measure to see its formula. The grey column is the median of companies in the same industry group (two-digit SIC code); green or red marks a better or worse value than that median.