SOBO (South Bow) Gross-Profit-to-Asset % : 11.01% (As of Dec. 2024)

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What is South Bow Gross-Profit-to-Asset %?

Gross-Profit-to-Asset % is calculated as Gross Profit divided by its average Total Assets over a certain period of time. South Bow's annualized Gross Profit for the quarter that ended in Dec. 2024 was $1,549 Mil. South Bow's average Total Assets over the quarter that ended in Dec. 2024 was $14,069 Mil. Therefore, South Bow's annualized Gross-Profit-to-Asset % for the quarter that ended in Dec. 2024 was 11.01%.

South Bow Gross-Profit-to-Asset % Historical Data

The historical data trend for South Bow's Gross-Profit-to-Asset % 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.

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South Bow Gross-Profit-to-Asset % Chart

South Bow Annual Data

Trend

Dec23

Dec24

Gross-Profit-to-Asset %

13.75

14.93

South Bow Quarterly Data
	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Gross-Profit-to-Asset %	Get a 7-Day Free Trial			15.76	-	-	10.45	11.01

Competitive Comparison of South Bow's Gross-Profit-to-Asset %

For the Oil & Gas Midstream subindustry, South Bow's Gross-Profit-to-Asset %, along with its competitors' market caps and Gross-Profit-to-Asset % 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's Gross-Profit-to-Asset % Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, South Bow's Gross-Profit-to-Asset % distribution charts can be found below:

* The bar in red indicates where South Bow's Gross-Profit-to-Asset % falls into.

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South Bow Gross-Profit-to-Asset % Calculation

South Bow's annualized Gross-Profit-to-Asset % for the fiscal year that ended in Dec. 2024 is calculated as:

Gross-Profit-to-Asset %	=	Gross Profit (A: Dec. 2024 )	/	( (Total Assets (A: Dec. 2023 )	+	Total Assets (A: Dec. 2024 ))	/ count )
	=	1744	/	( (12032	+	11329)	/ 2 )
	=	1744	/	11680.5
	=	14.93 %

South Bow's annualized Gross-Profit-to-Asset % for the quarter that ended in Dec. 2024 is calculated as:

Gross-Profit-to-Asset %	=	Gross Profit (Q: Dec. 2024 )	/	( (Total Assets (Q: Sep. 2024 )	+	Total Assets (Q: Dec. 2024 ))	/ count )
	=	1549.232	/	( (16808.035	+	11329)	/ 2 )
	=	1549.232	/	14068.5175
	=	11.01 %

In the calculation of annual Gross-Profit-to-Asset %, the Gross Profit of the last fiscal year and the average total assets over the fiscal year are used. In calculating the quarterly data, the Gross Profit data used here is four times the quarterly (Dec. 2024) data. Gross-Profit-to-Asset % is displayed in the 30-year financial page.

South Bow Gross-Profit-to-Asset % Related Terms

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South Bow Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » South Bow Corp (NYSE:SOBO) » Definitions » Gross-Profit-to-Asset %

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Traded in Other Exchanges

SOBO:Canada

Address

707, 5 Street SW, Suite 900, Calgary, AB, CAN, T2P 1V8

Website

https://www.southbow.com

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.