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South Bow Corporation (SOBO) Financial History

4 years of revenue, earnings, cash-flow and balance-sheet history from public filings.

Energy · Oil & Gas Midstream · DATA UPDATED 2026-07-10

South Bow Corporation (SOBO) operates in the Oil & Gas Midstream industry and is headquartered in Calgary, Canada. Its market capitalization is roughly $8 billion. In the fiscal year ended 2025-12-31, SOBO reported $2.0B in revenue and $433M in net income.

South Bow Corporation operates as an energy infrastructure company. It operates through three segments: Keystone Pipeline System, Marketing, and Intra-Alberta & Other.

Interactive charts & full statements → Open the SOBO valuation workbench →

SOBO Revenue & Earnings History — Annual Income Statement

Income statement2025-12-312024-12-312023-12-31
Total Revenue$2.0B$2.1B$2.0B
Gross Profit$1.4B$1.5B$1.4B
Operating Income (EBIT)$715M$745M$700M
Net Income$433M$316M$442M

USD; $M / $B as marked. Newest period first. Source: public company filings (via Yahoo Finance aggregation).

SOBO Quarterly Revenue & Earnings — Last 8 Quarters

Quarterly income statement2026-03-312025-12-312025-09-302025-06-302025-03-312024-12-31
Total Revenue$491M$503M$461M$524M$498M
Gross Profit$353M$375M$317M$382M$352M
Operating Income (EBIT)$160M$204M$147M$186M$178M
Net Income$77M$156M$93M$96M$88M

USD; $M / $B as marked. Newest period first. Source: public company filings (via Yahoo Finance aggregation).

SOBO Free Cash Flow History

Cash flow2025-12-312024-12-312023-12-31
Dividends Paid($416M)$0M

USD; $M / $B as marked. Newest period first. Source: public company filings (via Yahoo Finance aggregation).

SOBO Quarterly Free Cash Flow — Last 8 Quarters

Quarterly cash flow2026-03-312025-12-312025-09-302025-06-302025-03-312024-12-31
Dividends Paid($104M)($104M)($104M)($104M)($104M)

USD; $M / $B as marked. Newest period first. Source: public company filings (via Yahoo Finance aggregation).

SOBO Balance Sheet History

Balance sheet2025-12-312024-12-312023-12-31
Total Assets$11.2B$11.3B$12.0B
Total Liabilities$8.5B$8.7B$9.2B

USD; $M / $B as marked. Newest period first. Source: public company filings (via Yahoo Finance aggregation).

Quarterly statements, profitability ratios, price history, insider activity and institutional holders are in the interactive SOBO viewer.

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