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Friday 6 November 2026 Export SOBO’s income statement to Excel — free account

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

31.75 2.30 −6.75%
Market cap
$6.6B
P/E
14.4×
Fwd P/E
19.5×
Dividend yield
6.30%
F-score
6/9
Altman Z
0.89
Beneish M
−2.63
Dividend safety
n/a
Overview
Financials
Income Statement Balance Sheet Cash Flow Metrics & Ratios

South Bow Corporation (SOBO) Free cash flow

Alert me on Free cash flow

South Bow Corporation's free cash flow for fiscal 2025 was $539.0M, up 21.1% from $445.0M in fiscal 2024. Over the twelve months to 30 June 2026 it was $683.0M. South Bow Corporation ranks 22nd of 56 Oil & Gas Midstream companies by free cash flow.

Free cash flow, annual

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Annual newest first

Period Free cash flow Change
FY2025 $539.0M 21.12%
FY2024 $445.0M (46.71%)
FY2023 $835.0M —

Quarterly newest first

Period Free cash flow Change
Jun 2026 $238.0M 49.69%
Mar 2026 $159.0M 18.66%
Dec 2025 $134.0M (11.84%)
Sep 2025 $152.0M (5.00%)
7 more quarters

Free cash flow against peers

Company Free cash flow
STNG Scorpio Tankers Inc. compare $1.9B
FRO Frontline PLC compare $1.7B
AM Antero Midstream Corporation compare $1.5B
HESM Hess Midstream Partners LP compare $901.1M
INSW International Seaways Inc. compare $797.8M
SOBO South Bow Corporation $683.0M
KNTK Kinetik Holdings Inc. compare $236.5M
CMBT CMB.TECH nv compare −$85.2M
GLNG Golar LNG Limited compare −$437.3M

What Free cash flow is

Free Cash Flow tells an investor how much cash a company’s operations generate after paying for its investment in physical and intangible assets.

Operating Cash Flow + Property, Plant, Equipment Change (Net) + Intangible Assets Change (Net)

The full definition of Free cash flow →

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