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SOBOSouth Bow Corporation
$35.87$7.5B
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HomeStocksSOBOEarnings History

SOBO logoSouth Bow Corporation (SOBO) Earnings History

Profitable

3 years of earnings data (2023–2025) · Positive TTM net income

TTM Net Income
$397M
● Profitable
TTM EPS (Diluted)
$1.90
Per share, diluted
YoY EPS Growth
+38.8%
Excellent
Net Margin
27.4%
After-tax profitability
EPS Growth Rate (CAGR)
1Y+38.8%
3YN/A
5YN/A
10YN/A
Operating Margin19.7%
Gross Margin19.2%
Return on Equity16.6%
Return on Assets3.9%
Record Annual Net Income$442MFY2023
Record Quarterly EPS$0.76Q4 2025
Consecutive Profitable Years3years
Q1 2026
Net Income$76M
EPS (Diluted)$0.36
YoY Growth+38.8%Excellent
QoQ Growth-52.1%Declining

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South Bow Corporation (SOBO) Earnings Overview

As of June 19, 2026, South Bow Corporation (SOBO) reported trailing twelve-month net income of $397M, reflecting +38.8% year-over-year growth. The company earned $1.90 per diluted share over the past four quarters, with a net profit margin of 27.4%.

Looking at the long-term picture, SOBO's historical earnings data spans multiple years. The company achieved its highest annual net income of $442M in fiscal 2023.

South Bow Corporation maintains industry-leading profitability with a gross margin of 19.2%, operating margin of 19.7%, and net margin of 27.4%. This margin structure demonstrates strong pricing power and operational efficiency. View revenue history →

Compared to peers including KMI ($3.31B net income, 18.0% margin), WMB ($2.84B net income, 21.9% margin), OKE ($3.53B net income, 10.1% margin), SOBO has outperformed on profitability metrics. Compare SOBO vs KMI →

SOBO Earnings vs Peers

Earnings metrics vs comparable public companies

CompanyTTM Net IncomeTTM EPSNet MarginROEYoY GrowthCompare
SOBO logoSOBOCurrent
$397M$1.9027.4%16.6%+38.8%—
KMI logoKMI
$3.3B$1.4918.0%9.5%+17.1%
WMB logoWMB
$2.8B$2.3221.9%17.5%+17.6%
OKE logoOKE
$3.5B$5.5910.1%15.2%+4.8%
TRP logoTRP
$3.5B$3.3823.2%9.3%-26.2%
ENB logoENB
$7.6B$3.4511.5%9.4%+38.5%
Best in group
Lowest in group

SOBO Historical Earnings Data (2023–2025)

3 years
Fiscal Year Net Income YoY % Operating Income EPS (Diluted) Net Margin Op. Margin
2025$441M+39.4%$317M$2.1127.4%19.7%
2024$316M-28.5%$745M$1.5214.9%35.1%
2023$442M-$700M$2.1322.0%34.9%

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SOBO — Frequently Asked Questions

Quick answers to the most common questions about buying SOBO stock.

What is SOBO earnings per share (EPS)?

SOBO trailing twelve-month (TTM) diluted EPS is $1.90, reflecting +38.8% year-over-year growth. The 5-year EPS CAGR is N/A. Complete EPS history from 2023 to 2025 is available in the table on this page.

What is South Bow Corporation's net income?

South Bow Corporation (SOBO) trailing twelve-month net income is $397M as of 2025. Earnings grew +38.8% year-over-year. South Bow Corporation has been profitable for 3 consecutive years.

Is SOBO profitable?

Yes, SOBO is profitable with a TTM net income of $397M and a net profit margin of +27.4%. South Bow Corporation has generated profits for 3 consecutive years.

What is SOBO's earnings growth rate?

SOBO compound annual EPS growth rates (CAGR): 1-Year: +38.8%, 3-Year: N/A, 5-Year: N/A, 10-Year: N/A. These figures measure the annualised rate of diluted EPS growth over each period, based on data from 2023 to 2025.

What are SOBO's profit margins?

South Bow Corporation net profit margin is +27.4%, operating margin is +19.7%, and gross margin is +19.2%. Above-average net margins reflect strong pricing power and competitive moat. Return on Equity is +16.6%.

Is SOBO growing earnings?

Yes, SOBO earnings are accelerating — EPS growth of +38.8% exceeds the 5-year CAGR of N/A. TTM net income reached $397M. Earnings momentum is strengthening.

What was SOBO's best earnings year?

South Bow Corporation's highest annual net income on record is $442M, achieved in fiscal year 2023. Earnings history on this page spans 2023 to 2025 and includes all annual and quarterly figures.

What were SOBO's earnings last quarter?

SOBO's most recent reported quarter was Q1 2026. Net income was $76M with diluted EPS of $0.36. For a full breakdown of all quarters, see the quarterly earnings table on this page.

SOBO Earnings Over Time (2023–2025)

Net income & EPS — annual and quarterly view