South Bow's Competitiveness
A competitive positioning analysis and financial ratio benchmarking of South Bow (SOBO) against its publicly traded competitors: sales growth, net income, profitability, valuation and market share, plus each peer's market capitalization, revenue, income and employees. Free below: the top 5 peers. Subscriber access adds the full competitor list and CSV downloads.
Key Findings: South Bow vs Its Competitors
- TTM: Trailing 12-month revenue of 1,986M vs -M combined for tracked competitors (100.0% combined share).
- Trending: Latest-quarter revenue run-rate is accelerating (+300.0% annualized vs trailing 12 months).
- Scale: South Bow ranks #21 of 49 companies by market capitalization in the Natural Gas Utilities industry, holding 0.7% of industry market cap.
- Peer revenue share: South Bow accounted for 100.0% of combined revenue among its tracked peer group, up from 100.0% a year earlier.
Every figure above is sourced and cited in detail further down this page (Market Structure, Profitability & Cost Structure, Productivity vs Peers).
SOBO Sales vs. its Competitors, Q4 2025
South Bow generated 100.00 % of the combined sales of its peer group, up from 100.00 % a year earlier.
For context: the Natural Gas Utilities industry grew revenue 42.5% year over year, combined, vs -6.3% for South Bow. South Bow's share of combined industry revenue moved from 1.02% to 0.67%, a loss of 0.35 percentage points.
South Bow's Competitor Quality Breadth
Share of each group, trailing 12 months: profitable (net margin > 0), expanding (revenue growth > 0), growing faster than the industry's own median, and financially distressed (Piotroski F-Score of 2 or below).
| Entity | Profitable | Expanding | Above Industry Growth | Distressed |
|---|---|---|---|---|
| South Bow Corporation | Yes | No | No | Yes |
| High-Confidence Competitors (4) | ||||
| Similar-Size Competitors (10) | ||||
| Similar Growth & Profitability (8) | 100.00 % (8 of 8) | 62.50 % (5 of 8) | 25.00 % (2 of 8) | 28.60 % (2 of 7) |
Source: CSIMarket API, trailing 12 months. Altman Z-Score is not shown here: it is not populated in the underlying data for any company. Percentages are of companies in each group that report the relevant metric, not of the full group size.
SOBO Stock Performance relative to its Competitors
SOBO Stock Performance relative to High-Confidence Competitors
SOBO Stock Performance relative to Similar-Size Competitors
SOBO Stock Performance relative to Similar Growth & Profitability Competitors
South Bow's Competitors Named by the Company
Competitive relationships identified from SEC filings and corroborating sources, each with a basis and confidence.| Competitor | Basis | Confidence |
|---|---|---|
| Pembina Pipeline Corporation | Named by the company | 85% |
| Gibson Energy Inc. | Named by the company | 85% |
| Enbridge Inc. | Named by the company | 85% |
| Plains All American Pipeline, L.P. | Named by the company | 85% |
| Keyera Corp. | Named by the company | 85% |
| Energy Transfer LP | Named by the company | 85% |
Filing basis, confidence, active dates and source counts for South Bow's named competitors require a Commercial License.
Methodology: relationships are extracted from SEC filings (named-competitor disclosures) and corroborating sources. Named by the company = explicitly disclosed as a competitor; Inferred = derived from corroborating signals. Confidence reflects evidence strength.