South Bow Cash Flow Statement
NYSE: SOBOEnergyNatural Gas DistributionUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
South Bow free cash flow
In fiscal 2025, South Bow generated $717.0 million of operating cash flow and spent $178.0 million on capital expenditures. That left free cash flow of $539.0 million, a free-cash-flow margin of 27.1% of revenue. Free cash flow was up 38.9% from the prior year's $388.0 million.
South Bow returned $416.0 million to shareholders through dividends, equal to 77% of free cash flow. Free cash flow covered dividend payments 1.3 times.
Summary generated from market data by MetaCap's automated system. Methodology
South Bow cash flow statement (annual)
| Fiscal year (USD) | FY 20252025-12-31 | FY 20242024-12-31 | FY 20232023-12-31 |
|---|---|---|---|
| Net Income | 433.00M | 316.00M | 442.00M |
| Net Income growth (YoY) | +37.03% | -28.51% | — |
| Depreciation & Amortization | 247.00M | 246.00M | 244.00M |
| Change in Working Capital | -35.00M | -62.00M | -34.00M |
| Operating Cash Flow | 717.00M | 529.00M | 779.00M |
| Capital Expenditures | -178.00M | -141.00M | -47.00M |
| Investing Cash Flow | -175.00M | -80.00M | 62.00M |
| Dividends Paid | -416.00M | 0 | — |
| Debt Issued | 0 | 3.45B | 621.00M |
| Debt Repaid | 0 | -4.72B | -971.00M |
| Financing Cash Flow | -411.00M | -307.00M | -577.00M |
| Net Change in Cash | 152.00M | 135.00M | 258.00M |
| Free Cash Flow | 539.00M | 388.00M | 732.00M |
This table shows 3 annual periods of South Bow's cash flow statement, from FY 2025 back to FY 2023, across 12 line items including net income, depreciation & amortization, change in working capital. Values in USD; B = billions, M = millions. Fiscal periods follow SOBO's reporting calendar. What is a cash flow statement?