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South Bow (TSX:SOBO) Net Margin % : 11.26% (As of Sep. 2024)


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What is South Bow Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. South Bow's Net Income for the three months ended in Sep. 2024 was C$82.0 Mil. South Bow's Revenue for the three months ended in Sep. 2024 was C$728.0 Mil. Therefore, South Bow's net margin for the quarter that ended in Sep. 2024 was 11.26%.

The historical rank and industry rank for South Bow's Net Margin % or its related term are showing as below:

TSX:SOBO' s Net Margin % Range Over the Past 10 Years
Min: 0   Med: 0   Max: 11.26
Current: 11.26


TSX:SOBO's Net Margin % is ranked better than
67.3% of 948 companies
in the Oil & Gas industry
Industry Median: 3.7 vs TSX:SOBO: 11.26

South Bow Net Margin % Historical Data

The historical data trend for South Bow's Net 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.

* Premium members only.

South Bow Net Margin % Chart

South Bow Annual Data
Trend Dec23
Net Margin %
-

South Bow Quarterly Data
Sep23 Dec23 Mar24 Jun24 Sep24
Net Margin % 16.92 - - - 11.26

Competitive Comparison of South Bow's Net Margin %

For the Oil & Gas Midstream subindustry, South Bow's Net Margin %, along with its competitors' market caps and Net 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's Net Margin % Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, South Bow's Net Margin % distribution charts can be found below:

* The bar in red indicates where South Bow's Net Margin % falls into.



South Bow Net Margin % Calculation

Net margin - also known as net profit margin is the ratio of Net Income divided by net sales or Revenue, usually presented in percent.

South Bow's Net Margin for the fiscal year that ended in Dec. 2023 is calculated as

Net Margin=Net Income (A: Dec. 2023 )/Revenue (A: Dec. 2023 )
=0/0
= %

South Bow's Net Margin for the quarter that ended in Sep. 2024 is calculated as

Net Margin=Net Income (Q: Sep. 2024 )/Revenue (Q: Sep. 2024 )
=82/728
=11.26 %

* 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  (TSX:SOBO) Net Margin % Explanation

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.


South Bow Net Margin % Related Terms

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South Bow Business Description

Comparable Companies
Traded in Other Exchanges
Address
450 – 1 Street SW, Calgary, AB, CAN, T2P 5H1
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.
Executives
Blaine M. Trout Senior Officer
Bevin Mark Wirzba Senior Officer
Richard Prior Senior Officer
Melville George Lewis Director
Marc Palazzo Senior Officer
P. Van R. Dafoe Senior Officer

South Bow Headlines