South Bow annual operating margin
2023
2024
2025
South Bow Operating Margin Growth & History (SOBO)
South Bow's operating margin was 36.00% for fiscal 2025.
View full South Bow company overviewSouth Bow annual operating margin history
| Fiscal year | Period ended | Operating margin | Change (percentage points) |
|---|---|---|---|
| 2025 | 2025-12-31 | 36.00% | −15.46 pp |
| 2024 | 2024-12-31 | 51.46% | −2.10 pp |
| 2023 | 2023-12-31 | 53.57% | — |
South Bow quarterly operating margin
Q2.25
Q3.25
Q4.25
Q1.26
Q2.26
| Fiscal quarter | Period ended | Operating margin | Change (percentage points) |
|---|---|---|---|
| Q2 2026 | 2026-06-30 | 43.77% | +8.28 pp |
| Q1 2026 | 2026-03-31 | 32.59% | — |
| Q4 2025 | 2025-12-31 | 40.56% | — |
| Q3 2025 | 2025-09-30 | 31.89% | — |
| Q2 2025 | 2025-06-30 | 35.50% | — |
South Bow operating margin trends
Between the periods ended 2023-12-31 and 2025-12-31, South Bow's operating margin decreased from 53.57% to 36.00%, a change of −17.56 percentage points. The latest reported quarter, Q2 2026, shows 43.77%.
About the metric
What operating margin means
Operating margin measures the percentage of revenue left after operating costs and expenses. It shows how much operating profit a company generates from each dollar of revenue.
Calculation and source
How operating margin is calculated
TickerStat calculates operating margin as SEC-reported operating income divided by SEC-reported revenue for the same fiscal period. Changes are shown in percentage points. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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