South Bow Corp. is an energy infrastructure company. The company is headquartered in Calgary, Alberta and currently employs 600 full-time employees. The company went IPO on 2024-09-25. Its segments include Keystone Pipeline System, Marketing, and Intra-Alberta & Other. The Keystone Pipeline System segment consists of the Company's liquid pipeline system, which connects crude oil production in Hardisty, Alberta to key refining and demand markets in the United States Midwest and Gulf Coast. The company provides crude oil transportation service from Hardisty, Alberta, to various delivery points in the United States Midwest and Gulf Coast. Marketing segment provides customers with a variety of crude oil marketing services, including transportation, storage, and logistics. Intra-Alberta pipelines segment is comprised of the Grand Rapids Pipeline and White Spruce Pipeline, which provide crude oil transportation from Alberta’s oil sands region to terminals in the Edmonton and Heartland refining and market regions.
Financials in millions USD. Fiscal year is February - January.
Breakdown
TTM
12/31/2025
09/30/2025
06/30/2025
03/31/2025
12/31/2024
Revenue
1,986
503
461
524
498
487
Revenue Growth (YoY)
--
3%
-12%
-1%
--
--
Cost of Revenue
1,032
254
248
275
255
314
Gross Profit
954
249
213
249
243
172
Selling, General & Admin
--
--
--
--
--
-84
Research & Development
--
--
--
--
--
--
Operating Expenses
239
45
66
63
65
-27
Other Non Operating Income (Expenses)
20
0
20
--
--
-72
Pretax Income
497
153
104
126
114
73
Income Tax Expense
64
-3
11
30
26
16
Net Income
433
156
93
96
88
56
Net Income Growth
--
179%
60%
14%
--
--
Shares Outstanding (Diluted)
210.6
210.6
208.2
208.8
208.7
209.28
Shares Change (YoY)
--
1%
0%
1%
--
--
EPS (Diluted)
2.06
0.74
0.44
0.45
0.42
0.26
EPS Growth
--
175%
57.99%
13%
--
--
Free Cash Flow
539
134
152
160
93
-50
Free Cash Flow Per Share
--
--
--
--
--
--
Gross Margin
48.03%
49.5%
46.2%
47.51%
48.79%
35.31%
Operating Margin
36%
40.55%
31.88%
35.49%
35.74%
41.06%
Profit Margin
21.8%
31.01%
20.17%
18.32%
17.67%
11.49%
Free Cash Flow Margin
27.13%
26.64%
32.97%
30.53%
18.67%
-10.26%
EBITDA
962
262
211
249
240
266
EBITDA Margin
48.43%
52.08%
45.77%
47.51%
48.19%
54.62%
D&A For EBITDA
247
58
64
63
62
66
EBIT
715
204
147
186
178
200
EBIT Margin
36%
40.55%
31.88%
35.49%
35.74%
41.06%
Effective Tax Rate
12.87%
-1.96%
10.57%
23.8%
22.8%
21.91%
Follow-Up Questions
What are South Bow Corporation's key financial statements?
According to the latest financial statement (Form-10K), South Bow Corporation has a total asset of $0, Net loss of $0
What are the key financial ratios for SOBO?
South Bow Corporation's Current ratio is 0, has a Net margin is 0, sales per share of $0.
How is South Bow Corporation's revenue broken down by segment or geography?
South Bow Corporation largest revenue segment is Keystone Pipeline System, at a revenue of 1,643,000,000 in the most earnings release.For geography, United States is the primary market for South Bow Corporation, at a revenue of 1,675,000,000.
Is South Bow Corporation profitable?
no, according to the latest financial statements, South Bow Corporation has a net loss of $0
Does South Bow Corporation have any liabilities?
no, South Bow Corporation has liability of 0
How many outstanding shares for South Bow Corporation?
South Bow Corporation has a total outstanding shares of 0