Operates crude oil pipelines connecting Canada to US refineries.
Dec 2025Revenue $1.99B/yrExpenses $1.49B/yr
No trend
Figures by year
Is South Bow profitable?
Yes. In the 12 months to Dec 2025, revenue was $1.99B and expenses $1.49B.
| Fiscal year to | Revenue | Expenses | Pre-tax profit |
|---|---|---|---|
| Dec 2025 | $1.99B | $1.49B | $497M |
| Dec 2024 | $2.12B | $1.70B | $418M |
| Dec 2023 | $2.00B | $1.44B | $562M |
When the cash runs out, on the chart. A red line at the date the company’s cash would run out at its latest burn, so you can see whether it gets to break-even first. Part of a subscription.