Stocks Comparison
Plains GP vs South Bow: revenue, profit, margins and growth compared
Plains GP brought in $44.3B of revenue in fiscal 2025, South Bow $2B in fiscal 2025. Revenue changed by -9.5% at Plains GP and -6.3% at South Bow on the year before, so South Bow grew faster. Plains GP kept 0.6% of its revenue as net profit, South Bow 21.8%.
Side by side, latest fiscal year
| PAGP | SOBO | |
|---|---|---|
| Fiscal year ended | FY2025 (December 31, 2025) | FY2025 (December 31, 2025) |
| Revenue | $44.3B | $2B |
| Revenue growth | -9.5% | -6.3% |
| Net income | $260M | $433M |
| Net margin | 0.6% | 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 | $329M | $549M |
| Debt | $1.1B | n/a |
| Price to earnings | n/a | n/a |
| Market value | $5.3B | $7.1B |
| Dividend yield | n/a | n/a |
| Rank by revenue in sector | #8 of 129 · Energy | #58 of 129 · Energy |
Over the years
Questions about Plains GP and South Bow
Which is bigger by revenue, Plains GP or South Bow?
Plains GP 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 GP or South Bow?
Plains GP had a net margin of 0.6% in fiscal 2025; South Bow had 21.8% in fiscal 2025.
Which grew revenue faster, Plains GP or South Bow?
In their latest fiscal years revenue changed by -9.5% at Plains GP 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.