Stocks Comparison
Plains All American Pipeline vs South Bow: revenue, profit, margins and growth compared
Plains All American Pipeline brought in $44.3B of revenue in fiscal 2025, South Bow $2B in fiscal 2025. Revenue changed by -9.5% at Plains All American Pipeline and -6.3% at South Bow on the year before, so South Bow grew faster. Plains All American Pipeline kept 3.2% of its revenue as net profit, South Bow 21.8%.
Side by side, latest fiscal year
| PAA | SOBO | |
|---|---|---|
| Fiscal year ended | FY2025 (December 31, 2025) | FY2025 (December 31, 2025) |
| Revenue | $44.3B | $2B |
| Revenue growth | -9.5% | -6.3% |
| Net income | $1.4B | $433M |
| Net margin | 3.2% | 21.8% |
| Free cash flow | $2.3B | n/a |
| Free cash flow margin | 5.2% | n/a |
| Earnings per share (diluted) | n/a | $2.07 |
| Cash | $328M | $549M |
| Debt | $11.3B | n/a |
| Price to earnings | n/a | n/a |
| Market value | $17.2B | $7.1B |
| Dividend yield | n/a | n/a |
| Rank by revenue in sector | #12 of 163 · Energy | #65 of 163 · Energy |
Over the years
Questions about Plains All American Pipeline and South Bow
Which is bigger by revenue, Plains All American Pipeline or South Bow?
Plains All American Pipeline is bigger by revenue: $44.3B in fiscal 2025, against $2B for South Bow in fiscal 2025.
Which keeps more of its revenue as profit, Plains All American Pipeline or South Bow?
Plains All American Pipeline had a net margin of 3.2% in fiscal 2025; South Bow had 21.8% in fiscal 2025.
Which grew revenue faster, Plains All American Pipeline or South Bow?
In their latest fiscal years revenue changed by -9.5% at Plains All American Pipeline and -6.3% at South Bow.
Where do these numbers come from?
From the annual reports each company files with the SEC (10-K, or 20-F and 40-F for foreign companies), read from their XBRL data. Margins and growth are simple arithmetic on those figures. Nothing here is a recommendation.