South Bow Corp

As of June 30, 2026, South Bow Corp carries a market capitalization of 6.41B, placing it among publicly traded companies globally. Its enterprise value stands at 10.79B, reflecting the total theoretical takeover cost after accounting for cash holdings and debt obligations.

South Bow Corp's next confirmed earnings release is scheduled for November 4, 2026.

As of June 30, 2026, South Bow Corp has 208.59M shares outstanding.

As of June 30, 2026, South Bow Corp trades at a trailing price-to-earnings ratio of 15.89. The price-to-sales ratio is 3.65, and the price-to-book ratio stands at 2.75.

As of June 30, 2026, South Bow Corp trades at an EV/EBITDA multiple of 12.08 - the valuation measure that neutralizes differences in capital structure, tax rates, and depreciation policy, making it the standard yardstick for comparing companies across an industry. The EV/Sales ratio of 6.16 reflects the premium investors pay for the company's revenue stream, a useful check when earnings are depressed or negative. Its EV/EBIT multiple of 16.01 values the business against core operating earnings after depreciation, a stricter test than EV/EBITDA for capital-intensive businesses. South Bow Corp trades at an EV/FCF ratio of 10.92, comparing the total takeover cost of the business to the cash it actually generates for all capital providers. These enterprise value multiples are built on an enterprise value of 10.79B versus a market cap of 6.41B, with the gap driven by net debt and cash on the balance sheet.

As of June 30, 2026, South Bow Corp maintains a current ratio of 1.52, meaning it holds 1.5x the short-term assets needed to cover near-term liabilities. The debt-to-equity ratio is 215.16, indicating elevated leverage, while an interest coverage ratio of 3.05 demonstrates adequate ability to service its debt obligations.

Over the twelve months ended June 30, 2026, South Bow Corp posted a return on equity (ROE) of 17.35, showing how much profit the company earns on every dollar of shareholder capital. Return on invested capital (ROIC) comes in at 7.94 - the clearest signal of whether the business earns more on its capital than that capital costs, and the core measure of a durable competitive advantage. Return on assets (ROA) stands at 4.02, measuring how efficiently the asset base is converted into earnings. Return on capital employed (ROCE) is 8.93, useful for judging operating efficiency across full business cycles. The company generates approximately 3.17M in revenue per employee across its workforce of 552.00, a quick read on workforce productivity versus industry peers. Inventory turnover of 3.83 indicates how many times South Bow Corp sells and replaces its inventory over a year, a key working capital efficiency ratio.

Over the twelve months ended June 30, 2026, South Bow Corp recorded 62.15M in income tax expense. That works out to an effective tax rate of 13.37, which can sit above or below the statutory corporate tax rate depending on foreign earnings mix, tax credits, and one-off items. Taxes are levied on pretax income of 464.78M, leaving 402.64M in net income after tax - the gap is what shifts in the tax rate do to reported earnings and EPS.

As of the close on September 28, 2026, South Bow Corp's stock has gained approximately 23.18% over the past 52 weeks. The 50-day moving average sits at 31.64, while the 200-day moving average is 28.68.

Over the twelve months ended June 30, 2026, South Bow Corp generated 1.75B in revenue and converted that into 402.64M in net income, yielding earnings per share of 1.93. EBITDA reached 893.68M, while operating income came in at 656.48M.

As of June 30, 2026, South Bow Corp holds 635.47M in cash and equivalents against 5.02B in total debt, resulting in a net debt position of 4.38B. Total book value stands at 2.33B, with working capital of 722.12M providing operational flexibility.

South Bow Corp produced 734.38M in operating cash flow over the twelve months ended June 30, 2026.

Over the twelve months ended June 30, 2026, South Bow Corp posted a gross margin of 73.21, reflecting its pricing power and cost economics. The operating margin of 37.48 and net profit margin of 22.99 provide insight into operational efficiency.

Over the twelve months ended June 30, 2026, South Bow Corp paid dividends of 1.75 per share. The dividend payout ratio of 90.43 indicates the proportion of earnings distributed to shareholders, a key gauge of how sustainable the dividend is and how much room remains for future dividend growth. Free cash flow yield stands at 11.46, showing how much cash the business generates relative to its market value - dividends covered by free cash flow are generally more durable than those funded by debt. Total shareholder yield reaches 5.57, combining dividends paid with share buybacks and debt reduction for a fuller picture of capital returned to South Bow Corp shareholders.

As of June 30, 2026, South Bow Corp has an Altman Z-Score of 0.98, below the 3.0 threshold that indicates strong financial health and minimal bankruptcy risk.