SOBO (South Bow) OCF Margin %: 37.88% (As of Mar. 2026) — Near Median


SOBO South Bow Corp SOBO
15 GF Score
Price $36.57
! 12 Warning Signs
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What is South Bow OCF Margin %?

South Bow SOBO +2.12% 15 OCF Margin % is 37.88% as of Mar. 2026, which is 5% above its 10-year median of 36.10. 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 78.15% on this metric.

OCF Margin % is calculated as Cash Flow from Operations divided by its Revenue. South Bow's Cash Flow from Operations for the three months ended in Mar. 2026 was $186 Mil. South Bow's Revenue for the three months ended in Mar. 2026 was $491 Mil. Therefore, South Bow's OCF Margin % for the quarter that ended in Mar. 2026 was 37.88%.

As of today, South Bow's current OCF Yield % is 9.89%.

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

SOBO' s OCF Margin % Range Over the Past 10 Years
Min: 24.95   Med: 36.1   Max: 38.85
Current: 39.31


During the past 3 years, the highest OCF Margin % of South Bow was 38.85%. The lowest was 24.95%. And the median was 36.10%.

SOBO's OCF Margin % is ranked better than
78.15% of 906 companies
in the Oil & Gas industry
Industry Median: 13.93 vs SOBO: 39.31


South Bow OCF Margin % Related Terms


South Bow OCF Margin % Historical Data

* Premium members only.

The historical data trend for South Bow's OCF 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.

South Bow OCF Margin % Chart

South Bow Annual Data
Trend Dec23 Dec24 Dec25
OCF Margin %
38.85 24.95 36.10

South Bow Quarterly Data
Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
OCF Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 25.10 37.02 44.25 38.57 37.88

SOBO vs WMB, EPD, KMI: OCF Margin % Comparison

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

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

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


SOBO
15GF Score
South Bow Corp SOBO
OCF Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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South Bow OCF Margin % Calculation

OCF Margin % is the ratio of Cash Flow from Operations divided by net sales or Revenue, usually presented in percent.

South Bow's OCF Margin for the fiscal year that ended in Dec. 2025 is calculated as

OCF Margin=Cash Flow from Operations (A: Dec. 2025 )/Revenue (A: Dec. 2025 )
=717/1986
=36.10 %

South Bow's OCF Margin for the quarter that ended in Mar. 2026 is calculated as

OCF Margin=Cash Flow from Operations (Q: Mar. 2026 )/Revenue (Q: Mar. 2026 )
=186/491
=37.88 %

* 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.

Frequently Asked Questions Learn more about OCF Margin % →
What does a OCF Margin % of 37.88% mean?
South Bow (SOBO) has a OCF Margin % of 37.88% as of Mar. 2026. OCF Margin is the ratio of Cash Flow from Operations to Total Revenue. View historical data on South Bow and its competitors. This is near median its historical median of 36.10. Over the past decade, South Bow's OCF Margin % has ranged from 24.95 to 38.85. According to the industry distribution chart, South Bow ranks #198 out of 906 companies in the Oil & Gas industry, placing it in the top 21.9%.
Is South Bow's OCF Margin % too high?
South Bow's current OCF Margin % of 37.88% is near median its 10-year median of 36.10. Over the past 10 years, this metric has ranged from a low of 24.95 to a high of 38.85. The Oil & Gas industry median OCF Margin % is 13.93. South Bow's value of 37.88% is 171.9% above this industry median. Based on the distribution chart, South Bow ranks #198 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 OCF Margin % compare to WMB and EPD?
According to the Oil & Gas industry distribution chart, South Bow ranks #198 out of 906 companies for OCF Margin %. This places South Bow in the top 22% of its industry — outperforming the majority of peers. The industry median OCF Margin % is 13.93. South Bow's value of 37.88% is 171.9% above this benchmark. Historically, South Bow's own OCF Margin % has ranged from 24.95 to 38.85 over the past decade. While the company's 10-year median is 36.10 vs. the industry median of 13.93, 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 OCF Margin % for an Oil & Gas company?
The median OCF Margin % among Oil & Gas companies is 13.93, based on 906 companies in the industry. Companies in the top quartile (top 25%) have a OCF Margin % significantly above this median, while those in the bottom quartile fall well below. However, OCF Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. South Bow's current OCF Margin % of 37.88% is 171.9% 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 OCF Margin % mean?
A high OCF Margin % can signal that a stock is expensive relative to its fundamentals. OCF Margin is the ratio of Cash Flow from Operations to Total Revenue. View historical data on South Bow and its competitors. For the Oil & Gas industry, the median OCF Margin % is 13.93 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. South Bow's current OCF Margin % is 37.88%, which is near median its own 10-year median of 36.10. 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 OCF Margin % of 37.88%. The current OCF Margin % is 37.88%, which is near median its 10-year median of 36.10 and 171.9% above the Oil & Gas industry median of 13.93. 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 OCF Margin % calculated?
OCF Margin % is calculated from a company's financial statements. For South Bow (SOBO), the current OCF Margin % is 37.88% 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 Business Description

Industry EnergyOil & Gas
Other Exchanges SOBO:Canada
Address 707, 5 Street SW, Suite 900, Calgary, AB, CAN, T2P 1V8
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.
15GF Score

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OCF Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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