South Bow Corp

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 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.

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.