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Side-by-side financial comparison of PLAINS GP HOLDINGS LP (PAGP) and South Bow Corp (SOBO). Click either name above to swap in a different company.

Plains is a master limited partnership engaged in pipeline transport, marketing, and storage of liquefied petroleum gas and petroleum in the United States and Canada. Plains owns interests in 18,370 miles (29,560 km) of pipelines, storage capacity for about 75 million barrels of crude oil, 28 million barrels of NGLs, 68 billion cubic feet of natural gas, and 5 natural gas processing plants. The company is headquartered in the Allen Center in Downtown Houston, Texas. Plains is a publicly trade...

Bow, McLachlan and Company was a Scottish marine engineering and shipbuilding company that traded between 1872 and 1932.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
PAGP
PAGP
SOBO
SOBO
Q4 25
$10.0B
Q3 25
$11.6B
Q2 25
$10.6B
Q1 25
$12.0B
Q4 24
$12.4B
Q3 24
$12.7B
Q2 24
$12.9B
Q1 24
$12.0B
Net Profit
PAGP
PAGP
SOBO
SOBO
Q4 25
$63.0M
Q3 25
$83.0M
Q2 25
$30.0M
Q1 25
$84.0M
Q4 24
$-11.0M
Q3 24
$33.0M
Q2 24
$39.0M
Q1 24
$42.0M
Gross Margin
PAGP
PAGP
SOBO
SOBO
Q4 25
7.0%
Q3 25
8.6%
Q2 25
8.3%
Q1 25
10.4%
Q4 24
9.5%
Q3 24
9.3%
Q2 24
8.3%
Q1 24
9.0%
Operating Margin
PAGP
PAGP
SOBO
SOBO
Q4 25
1.8%
Q3 25
4.2%
Q2 25
2.2%
Q1 25
4.4%
Q4 24
0.7%
Q3 24
2.7%
Q2 24
2.9%
Q1 24
3.1%
Net Margin
PAGP
PAGP
SOBO
SOBO
Q4 25
0.6%
Q3 25
0.7%
Q2 25
0.3%
Q1 25
0.7%
Q4 24
-0.1%
Q3 24
0.3%
Q2 24
0.3%
Q1 24
0.4%

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

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