SOBO (South Bow) ROCE %: 7.49% (As of Mar. 2026)


SOBO South Bow Corp SOBO
15 GF Score
Price $36.57
! 12 Warning Signs
View Full Analysis

What is South Bow ROCE %?

South Bow SOBO +2.12% 15 ROCE % is 7.49% as of Mar. 2026. GuruFocus rates SOBO with a GF Score™ of 15/100. The stock has 12 warning signs investors should review.

ROCE % measures how well a company generates profits from its capital. It is calculated as EBIT divided by Capital Employed, where Capital Employed is calculated as Total Assets minus Total Current Liabilities. South Bow's annualized ROCE % for the quarter that ended in Mar. 2026 was 7.49%.

South Bow  (NYSE:SOBO) ROCE % Explanation

ROCE % can be especially useful when comparing the performance of capital-intensive companies. Unlike ROE %, which indicates the profitability of Shareholders Equity, ROCE % also considers long-term debt in Capital Employed. This can be helpful when analyzing companies with significant debt, as the result is neutralized by taking debt into consideration.

Generally speaking, a higher ROCE % indicates a stonger profitability for a company. Moreover, it is important to look at the ratio from a long term perspective. Investors tend to favor companies with stable and rising ROCE % trend over those with volatile ones.

South Bow ROCE % Related Terms

South Bow ROCE % Historical Data

* Premium members only.

The historical data trend for South Bow's ROCE % 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 ROCE % Chart

South Bow Annual Data
Trend Dec23 Dec24 Dec25
ROCE %
7.85 8.26 8.53

South Bow Quarterly Data
Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
ROCE % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 8.24 8.60 7.74 9.63 7.49
SOBO
15GF Score
South Bow Corp SOBO
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

South Bow ROCE % Calculation

South Bow's annualized ROCE % for the fiscal year that ended in Dec. 2025 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=828/( ( (11329 - 1761) + (11193 - 1341) )/ 2 )
=828/( (9568+9852)/ 2 )
=828/9710
=8.53 %

South Bow's ROCE % of for the quarter that ended in Mar. 2026 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=736/( ( (11193 - 1341) + (11240 - 1444) )/ 2 )
=736/( ( 9852 + 9796 )/ 2 )
=736/9824
=7.49 %

(1) Note: The EBIT data used here is four times the quarterly (Mar. 2026) EBIT data.

* 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 ROCE % →
What does a ROCE % of 7.49% mean?
South Bow (SOBO) has a ROCE % of 7.49% as of Mar. 2026.
Is South Bow's ROCE % too high?
South Bow's current ROCE % is 7.49%. The Oil & Gas industry median ROCE % is 6.79. South Bow's value of 7.49% is 10.3% above this industry median. 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 ROCE % compare to WMB and EPD?
South Bow's ROCE % of 7.49% can be compared against companies in the Oil & Gas industry. The industry median ROCE % is 6.79. South Bow's value of 7.49% is 10.3% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROCE % for an Oil & Gas company?
The median ROCE % among Oil & Gas companies is 6.79, based on 977 companies in the industry. Companies in the top quartile (top 25%) have a ROCE % significantly above this median, while those in the bottom quartile fall well below. However, ROCE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. South Bow's current ROCE % of 7.49% is 10.3% 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 ROCE % mean?
A high ROCE % can signal that a stock is expensive relative to its fundamentals. For the Oil & Gas industry, the median ROCE % is 6.79 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. South Bow's current ROCE % is 7.49%. 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 ROCE % of 7.49%. The current ROCE % is 7.49% and 10.3% above the Oil & Gas industry median of 6.79. 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 ROCE % calculated?
ROCE % is calculated from a company's financial statements. For South Bow (SOBO), the current ROCE % is 7.49% 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

Get the complete analysis for SOBO

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

$36.57
Price