South BowSOBO +2.12%15 FCF Margin % is 32.38% as of Mar. 2026, which is 19% above its 10-year median of 27.14. GuruFocus rates SOBO with a GF Score™ of 15/100. The stock has 12 warning signs investors should review. Among 906 Oil & Gas companies, South Bow ranks better than 90.95% on this metric.
FCF Margin % is calculated as Free Cash Flow divided by its Revenue. South Bow's Free Cash Flow for the
three
months ended in Mar. 2026 was $159 Mil. South Bow's Revenue for the
three
months ended in Mar. 2026 was $491 Mil. Therefore, South Bow's FCF Margin % for the quarter that ended in Mar. 2026 was 32.38%.
The historical rank and industry rank for South Bow's FCF Margin % or its related term are showing as below:
SOBO'
s FCF Margin % Range Over the Past 10 Years
Min: 19.2 Med: 27.14 Max: 37.01
Current: 30.57
During the past 3 years, the highest FCF Margin % of South Bow was 37.01%. The lowest was 19.20%. And the median was 27.14%.
SOBO's FCF Margin % is ranked better than 90.95% of 906
companies
in the Oil & Gas industry
Industry Median: 3.285
vs SOBO: 30.57
South Bow FCF Margin % Related Terms
South Bow FCF Margin % Historical Data
* Premium members only.
The historical data trend for South Bow's FCF Margin % can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
For the Oil & Gas Midstream subindustry, South Bow's FCF Margin %, along with its competitors' market caps and FCF Margin % data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
South Bow FCF Margin % vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, South Bow's FCF Margin % distribution charts can be found below:
* The bar in red indicates where South Bow's FCF Margin % falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
South Bow (SOBO) has a FCF Margin % of 32.38% as of Mar. 2026. Free cash flow margin is the ratio of total free cash flow to net sales. View historical data on South Bow and its competitors. This is 19% above median its historical median of 27.14. Over the past decade, South Bow's FCF Margin % has ranged from 19.20 to 37.01. According to the industry distribution chart, South Bow ranks #82 out of 906 companies in the Oil & Gas industry, placing it in the top 9.1%.
Is South Bow's FCF Margin % too high?
South Bow's current FCF Margin % of 32.38% is 19% above median its 10-year median of 27.14. Over the past 10 years, this metric has ranged from a low of 19.20 to a high of 37.01. The Oil & Gas industry median FCF Margin % is 3.29. South Bow's value of 32.38% is 885.7% above this industry median. Based on the distribution chart, South Bow ranks #82 out of 906 companies in the Oil & Gas industry, which is in the top quartile — a strong position relative to peers. Overall, South Bow has a GF Score™ of 15/100, reflecting its overall financial health beyond just this single metric.
How does South Bow's FCF Margin % compare to WMB and EPD?
According to the Oil & Gas industry distribution chart, South Bow ranks #82 out of 906 companies for FCF Margin %. This places South Bow in the top 9% of its industry — outperforming the majority of peers. The industry median FCF Margin % is 3.29. South Bow's value of 32.38% is 885.7% above this benchmark. Historically, South Bow's own FCF Margin % has ranged from 19.20 to 37.01 over the past decade. While the company's 10-year median is 27.14 vs. the industry median of 3.29, South Bow has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good FCF Margin % for an Oil & Gas company?
The median FCF Margin % among Oil & Gas companies is 3.29, based on 906 companies in the industry. Companies in the top quartile (top 25%) have a FCF Margin % significantly above this median, while those in the bottom quartile fall well below. However, FCF Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. South Bow's current FCF Margin % of 32.38% is 885.7% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high FCF Margin % mean?
A high FCF Margin % can signal that a stock is expensive relative to its fundamentals. Free cash flow margin is the ratio of total free cash flow to net sales. View historical data on South Bow and its competitors. For the Oil & Gas industry, the median FCF Margin % is 3.29 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. South Bow's current FCF Margin % is 32.38%, which is 19% above median its own 10-year median of 27.14. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is South Bow stock overvalued right now?
South Bow (SOBO) has a current FCF Margin % of 32.38%. The current FCF Margin % is 32.38%, which is 19% above median its 10-year median of 27.14 and 885.7% above the Oil & Gas industry median of 3.29. South Bow's overall GF Score™ is 15/100 with 12 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is FCF Margin % calculated?
FCF Margin % is calculated from a company's financial statements. For South Bow (SOBO), the current FCF Margin % is 32.38% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
South Bow Corp is a energy infrastructure company. The company is engaged in constructing pipelines system safely transports liquids like crude oil, across Canadian provinces, U.S. states, and Gulf coasts. It has three reportable segments: Keystone Pipeline System, Marketing, and Intra-Alberta & Other. It derives maximum revenue from Keystone Pipeline System segment. The company's projects and pipelines include: Blackrod connection project; Grand Rapids Pipeline System; Marketlink Pipeline System; Keystone Pipeline System; Port Neches Link; and White Spruce Pipeline System.
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