NYSE · SOBO

South Bow financials

$34.01+0.06%
Close Sep 28, 2026 · split-adjusted

Revenue

Net income

Income statement & cash flow

Fiscal yearFY25
Dec 31
FY24
Dec 31
Revenue$1.99B$2.12B
Gross profit$1.67B$1.74B
Gross margin84.2%82.3%
Operating income$715.0M$745.0M
Net income$433.0M$316.0M
Net margin21.8%14.9%
Diluted EPS$2.07$1.52
EBITDA$962.0M$991.0M
Operating cash flow$717.0M$529.0M
Free cash flow$539.0M$407.0M
Diluted shares208.8M208.2M

Balance sheet

Period endDec 31Dec 31
Cash & equivalents$549.0M$397.0M
Short-term investments$0.00$0.00
Total debt$5.87B$5.83B
Total assets$11.19B$11.33B
Total liabilities$8.48B$8.72B
Shareholders' equity$2.71B$2.61B

From SEC filings via Massive. Fiscal periods follow the company's own calendar; free cash flow is operating cash flow minus capital expenditure.

Sources: Massive / Polygon daily aggregates (split-adjusted) · SEC filings via Massive · FINRA settlements via Massive · Financial Modeling Prep. Figures are dated where shown; research is informational, not investment advice. Methodology