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. In the quarter to June 2026, revenue grew 4.20%, EPS grew 39.1%, free cash flow grew 48.8% and total debt was flat, each against the same quarter a year earlier.

34.69 0.94 +2.79%
Market cap
$7.0B
P/E
15.7×
Fwd P/E
21.2×
Dividend yield
5.77%
F-score
6/9
Altman Z
0.89
Beneish M
−2.63
Dividend safety
n/a

South Bow Corporation (SOBO) P/E ratio

Alert me on P/E ratio

As of 16 October 2026, South Bow Corporation (SOBO) trades at a P/E ratio of 15.7×. Over the past ten years it has ranged from 12.5× (January 2026) to 20.0× (September 2025); the current reading is higher than 17% of that period. That is above the Oil & Gas Midstream industry median of 12.8× and above the Energy sector median of 13.9×.

P/E ratio, daily

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Annual newest first

Period P/E ratio Change
FY2025 13.2× (14.99%)
FY2024 15.5× 0.00%
FY2023 15.5× —

Quarterly newest first

Period P/E ratio Change
Jun 2026 15.9× (2.85%)
Mar 2026 16.4× 24.28%
Dec 2025 13.2× (25.77%)
Sep 2025 17.8× (1.54%)
6 more quarters

Against its own ten years

Low 12.5× High 20.0×
Ten-year median 17.0×
Current reading's percentile 17

P/E ratio against peers

Company P/E ratio
CMBT CMB.TECH nv compare 3.6×
STNG Scorpio Tankers Inc. compare 4.6×
INSW International Seaways Inc. compare 7.0×
FRO Frontline PLC compare 7.9×
HESM Hess Midstream Partners LP compare 10.6×
SOBO South Bow Corporation 15.7×
KNTK Kinetik Holdings Inc. compare 19.8×
AM Antero Midstream Corporation compare 24.6×
GLNG Golar LNG Limited compare 28.6×
Oil & Gas Midstream industry median 12.8×
Energy sector median 13.9×
Market median 18.1×

What P/E ratio is

Price to Earnings Ratio shows how much investors pay for each dollar of a company’s annual profit per share.

Stock Price ÷ EPS (Basic) (TTM)

The full definition of P/E ratio →

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