South Bow Corporation
SOBO Energy Oil & Gas Midstream
South Bow Corporation’s revenue for fiscal 2025 (year ended December 2025) was $2.0 billion, down 6.32% from fiscal 2024.
- Revenue
- +4.20%
- EPS
- +39.1%
- Free cash flow
- +48.8%
- Total debt
- −0.69%
Quarter to June 2026, against a year earlier
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South Bow Corporation (SOBO) EV/EBITDA
As of 5 November 2026, South Bow Corporation (SOBO) trades at a EV/EBITDA of 10.5×. Over the past ten years it has ranged from 0.0× (December 2024) to 12.5× (May 2026); the current reading is higher than 40% of that period. That is above the Oil & Gas Midstream industry median of 9.0× and above the Energy sector median of 6.2×.
EV/EBITDA, daily
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Annual newest first
| Period | EV/EBITDA | Change |
|---|---|---|
| FY2025 | 10.3× | 6.81% |
| FY2024 | 9.6× | — |
| FY2023 | 0.0× | — |
Quarterly newest first
| Period | EV/EBITDA | Change |
|---|---|---|
| Jun 2026 | 11.2× | (3.06%) |
| Mar 2026 | 11.5× | 12.24% |
| Dec 2025 | 10.3× | (6.97%) |
| Sep 2025 | 11.0× | 5.60% |
| 6 more quarters | Free account |
Against its own ten years
EV/EBITDA against peers
| Company | EV/EBITDA |
|---|---|
| STNG Scorpio Tankers Inc. compare | 2.0× |
| INSW International Seaways Inc. compare | 5.1× |
| HESM Hess Midstream Partners LP compare | 6.1× |
| CMBT CMB.TECH nv compare | 7.3× |
| FRO Frontline PLC compare | 7.4× |
| AM Antero Midstream Corporation compare | 9.5× |
| SOBO South Bow Corporation | 10.5× |
| KNTK Kinetik Holdings Inc. compare | 12.8× |
| GLNG Golar LNG Limited compare | 20.5× |
| Oil & Gas Midstream industry median | 9.0× |
| Energy sector median | 6.2× |
| Market median | 10.9× |
What EV/EBITDA is
Enterprise Value over EBITDA tells an investor how the market values a whole company, with debt added and cash taken off, against its operating earnings.
((Stock Price × Shares (Basic, Weighted) (latest quarter)) + (Long Term Debt (Total) (latest quarter) + Current Part of Debt (latest quarter)) − Cash & Short Term Investments (latest quarter)) ÷ EBITDA (TTM)
More on SOBO
- Revenue
- Net income
- EPS (diluted)
- EBITDA
- Free cash flow
- Operating cash flow
- Gross margin
- Operating margin
- Net margin
- Free cash flow margin
- P/E ratio
- P/S ratio
- P/B ratio
- Price to free cash flow
- EV/Sales
- EV/FCF
- Return on equity
- Return on assets
- Return on invested capital
- Debt to equity
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
- The full statement