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SO

The Southern Company

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Latest Quote

$88.00

-0.25 (-0.28%)
Current Price
Previous Close $88.25
Open $88.04
Day High $88.22
Day Low $87.20
Volume 6,624,356
Fetched: 2026-09-01T01:08:09
Stock Information
Quarterly Dividend / Yield $3.04 / 3.44%
Shares Outstanding 1.15B
Quarterly Dividend Yield 3.44%
Quarterly Dividend $3.04
Total Debt $77.09B
Cash Equivalents $2.98B
Revenue $30.18B
Net Income $4.66B
Sector Utilities
Industry Utilities - Regulated Electric
Market Cap $101.23B
P/E Ratio 21.26
EPS (TTM) $4.14
Exchange NYQ
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Recent Price History
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About The Southern Company

The Southern Company, through its subsidiaries, engages in the sale of electricity. The company offers electric service to retail customers and wholesale customers; and energy-related products and services to natural gas choice markets. It also develops, constructs, acquires, owns, operates, and manages power generation assets, as well as battery energy storage projects; sells electricity at market-based rates in the wholesale market; and deploys microgrids for commercial, industrial, governmental, and utility customers. In addition, the company is involved in the distribution of natural gas in Illinois, Georgia, Virginia, and Tennessee; distributes energy and resilience solutions; and invests in telecommunications. The Southern Company was incorporated in 1945 and is headquartered in Atlanta, Georgia.

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Income Statement (Annual)
Metric 2025-12-31 2024-12-31 2023-12-31 2022-12-31
Revenue
Reconciled Cost Of Revenue $14,700,000,000 $12,850,000,000 $13,016,000,000 $18,251,000,000
Cost Of Revenue $15,229,000,000 $13,361,000,000 $13,477,000,000 $18,652,000,000
Total Revenue $29,553,000,000 $26,724,000,000 $25,253,000,000 $29,279,000,000
Operating Revenue $28,269,000,000 $25,573,000,000 $24,304,000,000 $28,547,000,000
Expenses
Interest Expense $3,238,000,000 $2,743,000,000 $2,446,000,000 $2,022,000,000
Total Expenses $22,268,000,000 $19,656,000,000 $19,427,000,000 $23,909,000,000
Other Income Expense $952,000,000 $904,000,000 $965,000,000 $875,000,000
Other Non Operating Income Expenses $500,000,000 $530,000,000 $553,000,000 $500,000,000
Net Non Operating Interest Income Expense $-3,238,000,000 $-2,743,000,000 $-2,446,000,000 $-2,022,000,000
Interest Expense Non Operating $3,238,000,000 $2,743,000,000 $2,446,000,000 $2,022,000,000
Operating Expense $7,039,000,000 $6,295,000,000 $5,950,000,000 $5,257,000,000
Other Operating Expenses - $-21,000,000 $-68,000,000 $183,000,000
Income & Earnings
Net Income From Continuing Operation Net Minority Interest $4,341,000,000 $4,401,000,000 $3,976,000,000 $3,535,000,000
Net Interest Income $-3,238,000,000 $-2,743,000,000 $-2,446,000,000 $-2,022,000,000
Normalized Income $4,057,440,000 $4,209,475,000 $3,738,552,000 $3,353,112,000
Net Income From Continuing And Discontinued Operation $4,341,000,000 $4,401,000,000 $3,976,000,000 $3,535,000,000
Total Operating Income As Reported $7,285,000,000 $7,068,000,000 $5,826,000,000 $5,370,000,000
Net Income Common Stockholders $4,341,000,000 $4,401,000,000 $3,976,000,000 $3,524,000,000
Net Income $4,341,000,000 $4,401,000,000 $3,976,000,000 $3,535,000,000
Net Income Including Noncontrolling Interests $4,171,000,000 $4,260,000,000 $3,849,000,000 $3,428,000,000
Net Income Continuous Operations $4,171,000,000 $4,260,000,000 $3,849,000,000 $3,428,000,000
Pretax Income $4,999,000,000 $5,229,000,000 $4,345,000,000 $4,223,000,000
Special Income Charges $340,000,000 $235,000,000 $268,000,000 $224,000,000
Earnings From Equity Interest $112,000,000 $139,000,000 $144,000,000 $151,000,000
Operating Income $7,285,000,000 $7,068,000,000 $5,826,000,000 $5,370,000,000
Depreciation Amortization Depletion Income Statement $5,501,000,000 $4,755,000,000 $4,525,000,000 $3,663,000,000
Depreciation And Amortization In Income Statement $5,501,000,000 $4,755,000,000 $4,525,000,000 $3,663,000,000
Gross Profit $14,324,000,000 $13,363,000,000 $11,776,000,000 $10,627,000,000
Per Share
Diluted EPS $3.92 $3.99 $3.62 $3.26
Basic EPS $4.30 $4.05 $3.64 $3.28
Other
Tax Effect Of Unusual Items $56,440,000 $43,475,000 $30,552,000 $42,112,000
Tax Rate For Calcs $0 $0 $0 $0
Normalized EBITDA (Bullshit earnings) $13,927,000,000 $13,003,000,000 $11,509,000,000 $10,085,000,000
Total Unusual Items $340,000,000 $235,000,000 $268,000,000 $224,000,000
Total Unusual Items Excluding Goodwill $340,000,000 $235,000,000 $268,000,000 $224,000,000
Reconciled Depreciation $6,030,000,000 $5,266,000,000 $4,986,000,000 $4,064,000,000
EBITDA (Bullshit earnings) $14,267,000,000 $13,238,000,000 $11,777,000,000 $10,309,000,000
EBIT $8,237,000,000 $7,972,000,000 $6,791,000,000 $6,245,000,000
Diluted Average Shares $1,107,397,959 $1,103,007,519 $1,098,000,000 $1,080,981,595
Basic Average Shares $1,103,000,000 $1,096,000,000 $1,092,000,000 $1,075,000,000
Diluted NI Availto Com Stockholders $4,341,000,000 $4,401,000,000 $3,976,000,000 $3,524,000,000
Minority Interests $170,000,000 $141,000,000 $127,000,000 $107,000,000
Tax Provision $828,000,000 $969,000,000 $496,000,000 $795,000,000
Other Special Charges $-340,000,000 $-235,000,000 $-268,000,000 $-224,000,000
Other Taxes $1,538,000,000 $1,540,000,000 $1,425,000,000 $1,411,000,000
Write Off - - $0 $251,000,000
Preferred Stock Dividends - - - $11,000,000
Gain On Sale Of Business - - - $57,000,000
Impairment Of Capital Assets - - - $0
Fetched: 2026-08-15
Balance Sheet (Annual)
Metric 2025-12-31 2024-12-31 2023-12-31 2022-12-31
Assets
Net Tangible Assets $30,555,000,000 $27,715,000,000 $25,915,000,000 $24,841,000,000
Total Assets $155,720,000,000 $145,180,000,000 $139,331,000,000 $134,891,000,000
Total Non Current Assets $144,803,000,000 $134,486,000,000 $128,899,000,000 $124,475,000,000
Non Current Prepaid Assets $3,257,000,000 $2,674,000,000 $2,079,000,000 $2,290,000,000
Non Current Deferred Assets $2,823,000,000 $3,044,000,000 $3,835,000,000 $4,645,000,000
Goodwill And Other Intangible Assets $5,461,000,000 $5,493,000,000 $5,529,000,000 $5,567,000,000
Other Intangible Assets $300,000,000 $332,000,000 $368,000,000 $406,000,000
Current Assets $10,917,000,000 $10,694,000,000 $10,432,000,000 $10,416,000,000
Other Current Assets $1,486,000,000 $1,633,000,000 $1,927,000,000 $1,644,000,000
Hedging Assets Current $63,000,000 $39,000,000 $36,000,000 $115,000,000
Prepaid Assets $327,000,000 $294,000,000 $406,000,000 $347,000,000
Inventory $3,333,000,000 $3,369,000,000 $3,352,000,000 $2,677,000,000
Receivables $4,069,000,000 $4,289,000,000 $3,963,000,000 $3,716,000,000
Receivables Adjustments Allowances $-84,000,000 $-74,000,000 $-68,000,000 $-71,000,000
Other Receivables $971,000,000 $1,310,000,000 $1,215,000,000 $647,000,000
Accounts Receivable $2,251,000,000 $2,228,000,000 $2,030,000,000 $2,128,000,000
Cash Cash Equivalents And Short Term Investments $1,639,000,000 $1,070,000,000 $748,000,000 $1,917,000,000
Cash And Cash Equivalents $1,639,000,000 $1,070,000,000 $748,000,000 $1,917,000,000
Debt
Net Debt $70,952,000,000 $63,754,000,000 $61,252,000,000 $55,633,000,000
Total Debt $74,075,000,000 $66,277,000,000 $63,490,000,000 $59,135,000,000
Long Term Debt And Capital Lease Obligation $66,936,000,000 $60,021,000,000 $58,517,000,000 $52,044,000,000
Long Term Debt $65,649,000,000 $58,768,000,000 $57,210,000,000 $50,656,000,000
Current Debt And Capital Lease Obligation $7,139,000,000 $6,256,000,000 $4,973,000,000 $7,091,000,000
Current Debt $6,942,000,000 $6,056,000,000 $4,790,000,000 $6,894,000,000
Other Current Borrowings $6,220,000,000 $4,718,000,000 $2,476,000,000 $4,285,000,000
Liabilities
Total Liabilities Net Minority Interest $116,853,000,000 $108,506,000,000 $104,106,000,000 $100,359,000,000
Total Non Current Liabilities Net Minority Interest $99,965,000,000 $92,513,000,000 $90,639,000,000 $84,635,000,000
Other Non Current Liabilities $2,036,000,000 $2,016,000,000 $1,957,000,000 $1,903,000,000
Non Current Deferred Liabilities $20,352,000,000 $19,570,000,000 $18,762,000,000 $18,571,000,000
Non Current Deferred Taxes Liabilities $18,847,000,000 $18,220,000,000 $17,731,000,000 $17,404,000,000
Current Liabilities $16,888,000,000 $15,993,000,000 $13,467,000,000 $15,724,000,000
Other Current Liabilities $1,673,000,000 $1,822,000,000 $1,678,000,000 $1,347,000,000
Current Deferred Liabilities $475,000,000 $486,000,000 $503,000,000 $502,000,000
Current Notes Payable $722,000,000 $1,338,000,000 $2,314,000,000 $2,609,000,000
Payables And Accrued Expenses $5,521,000,000 $5,437,000,000 $4,418,000,000 $4,963,000,000
Interest Payable $807,000,000 $682,000,000 $652,000,000 $614,000,000
Payables $4,714,000,000 $4,755,000,000 $3,766,000,000 $4,349,000,000
Total Tax Payable $1,004,000,000 $1,054,000,000 $868,000,000 $824,000,000
Income Tax Payable $22,000,000 $57,000,000 $8,000,000 $60,000,000
Accounts Payable $3,710,000,000 $3,701,000,000 $2,898,000,000 $3,525,000,000
Equity
Common Stock Equity $36,016,000,000 $33,208,000,000 $31,444,000,000 $30,408,000,000
Total Equity Gross Minority Interest $38,867,000,000 $36,674,000,000 $35,225,000,000 $34,532,000,000
Stockholders Equity $36,016,000,000 $33,208,000,000 $31,444,000,000 $30,408,000,000
Gains Losses Not Affecting Retained Earnings $-75,000,000 $-78,000,000 $-177,000,000 $-167,000,000
Other Equity Adjustments $-75,000,000 $-78,000,000 $-177,000,000 $-167,000,000
Retained Earnings $14,856,000,000 $13,750,000,000 $12,482,000,000 $11,538,000,000
Long Term Equity Investment $1,318,000,000 $1,416,000,000 $1,368,000,000 $1,443,000,000
Preferred Stock Equity - - - -
Other
Treasury Shares Number $1,000,000 $1,000,000 $1,000,000 $1,000,000
Ordinary Shares Number $1,119,237,015 $1,099,000,000 $1,090,814,507 $1,099,000,000
Share Issued $1,120,237,015 $1,100,000,000 $1,091,814,507 $1,100,000,000
Tangible Book Value $30,555,000,000 $27,715,000,000 $25,915,000,000 $24,841,000,000
Invested Capital $108,607,000,000 $98,032,000,000 $93,444,000,000 $87,958,000,000
Working Capital $-5,971,000,000 $-5,299,000,000 $-3,035,000,000 $-5,308,000,000
Capital Lease Obligations $1,484,000,000 $1,453,000,000 $1,490,000,000 $1,585,000,000
Total Capitalization $101,665,000,000 $91,976,000,000 $88,654,000,000 $81,064,000,000
Minority Interest $2,851,000,000 $3,466,000,000 $3,781,000,000 $4,124,000,000
Treasury Stock $59,000,000 $59,000,000 $59,000,000 $53,000,000
Additional Paid In Capital $15,740,000,000 $14,149,000,000 $13,775,000,000 $13,673,000,000
Capital Stock $5,554,000,000 $5,446,000,000 $5,423,000,000 $5,417,000,000
Common Stock $5,554,000,000 $5,446,000,000 $5,423,000,000 $5,417,000,000
Employee Benefits $980,000,000 $1,011,000,000 $1,115,000,000 $1,238,000,000
Long Term Capital Lease Obligation $1,287,000,000 $1,253,000,000 $1,307,000,000 $1,388,000,000
Long Term Provisions $8,939,000,000 $9,203,000,000 $9,573,000,000 $10,146,000,000
Current Deferred Revenue $475,000,000 $486,000,000 $503,000,000 $502,000,000
Current Capital Lease Obligation $197,000,000 $200,000,000 $183,000,000 $197,000,000
Pensionand Other Post Retirement Benefit Plans Current $1,418,000,000 $1,261,000,000 $1,151,000,000 $1,127,000,000
Current Provisions $662,000,000 $731,000,000 $744,000,000 $694,000,000
Current Accrued Expenses $807,000,000 $682,000,000 $652,000,000 $614,000,000
Investments And Advances $4,265,000,000 $4,037,000,000 $3,792,000,000 $3,588,000,000
Other Investments $2,947,000,000 $2,621,000,000 $2,424,000,000 $2,145,000,000
Investmentsin Subsidiariesat Cost $1,318,000,000 $1,416,000,000 $1,368,000,000 $1,443,000,000
Goodwill $5,161,000,000 $5,161,000,000 $5,161,000,000 $5,161,000,000
Net PPE $116,441,000,000 $106,743,000,000 $101,941,000,000 $96,703,000,000
Accumulated Depreciation $-43,483,000,000 $-40,126,000,000 $-37,725,000,000 $-35,297,000,000
Gross PPE $159,924,000,000 $146,869,000,000 $139,666,000,000 $132,000,000,000
Construction In Progress $10,534,000,000 $6,389,000,000 $7,784,000,000 $10,896,000,000
Other Properties $2,969,000,000 $2,927,000,000 $2,955,000,000 $2,976,000,000
Other Inventories $396,000,000 $388,000,000 $420,000,000 $438,000,000
Preferred Stock - - - $0
Fetched: 2026-08-15
Cash Flow Statement (Annual)
Metric 2025-12-31 2024-12-31 2023-12-31 2022-12-31
Free Cash Flow
Free Cash Flow $-2,935,000,000 $833,000,000 $-1,542,000,000 $-1,621,000,000
Operating Activities
Operating Cash Flow $9,802,000,000 $9,788,000,000 $7,553,000,000 $6,302,000,000
Cash Flow From Continuing Operating Activities $9,802,000,000 $9,788,000,000 $7,553,000,000 $6,302,000,000
Operating Gains Losses $-327,000,000 $-556,000,000 $-527,000,000 $-436,000,000
Investing Activities
Capital Expenditure $-12,737,000,000 $-8,955,000,000 $-9,095,000,000 $-7,923,000,000
Investing Cash Flow $-13,959,000,000 $-9,400,000,000 $-9,668,000,000 $-8,430,000,000
Cash Flow From Continuing Investing Activities $-13,959,000,000 $-9,400,000,000 $-9,668,000,000 $-8,430,000,000
Net Other Investing Changes $-571,000,000 $-798,000,000 $-716,000,000 $-769,000,000
Financing Activities
Issuance Of Capital Stock $1,623,000,000 $143,000,000 $36,000,000 $1,808,000,000
Financing Cash Flow $4,696,000,000 $-208,000,000 $999,000,000 $2,336,000,000
Cash Flow From Continuing Financing Activities $4,696,000,000 $-208,000,000 $999,000,000 $2,336,000,000
Net Other Financing Charges $-704,000,000 $-366,000,000 $-373,000,000 $-404,000,000
Cash Dividends Paid $-3,015,000,000 $-2,954,000,000 $-3,035,000,000 $-2,907,000,000
Common Stock Dividend Paid $-3,015,000,000 $-2,954,000,000 $-3,035,000,000 $-2,907,000,000
Net Common Stock Issuance $1,623,000,000 $143,000,000 $36,000,000 $1,808,000,000
Common Stock Issuance $1,623,000,000 $143,000,000 $36,000,000 $1,808,000,000
Repurchase Of Capital Stock - $0 $0 $-298,000,000
Net Preferred Stock Issuance - $0 $0 $-298,000,000
Other
Repayment Of Debt $-5,878,000,000 $-3,890,000,000 $-5,924,000,000 $-3,645,000,000
Issuance Of Debt $12,670,000,000 $6,859,000,000 $10,295,000,000 $7,782,000,000
Interest Paid Supplemental Data $2,692,000,000 $2,538,000,000 $2,184,000,000 $1,758,000,000
Income Tax Paid Supplemental Data $284,000,000 $176,000,000 $132,000,000 $146,000,000
End Cash Position $1,640,000,000 $1,101,000,000 $921,000,000 $2,037,000,000
Beginning Cash Position $1,101,000,000 $921,000,000 $2,037,000,000 $1,829,000,000
Changes In Cash $539,000,000 $180,000,000 $-1,116,000,000 $208,000,000
Net Issuance Payments Of Debt $6,792,000,000 $2,969,000,000 $4,371,000,000 $4,137,000,000
Net Short Term Debt Issuance $-214,000,000 $-968,000,000 $-307,000,000 $1,163,000,000
Short Term Debt Payments $-414,000,000 $-1,668,000,000 $-1,630,000,000 $-1,487,000,000
Short Term Debt Issuance $200,000,000 $700,000,000 $1,323,000,000 $2,650,000,000
Net Long Term Debt Issuance $7,006,000,000 $3,937,000,000 $4,678,000,000 $2,974,000,000
Long Term Debt Payments $-5,464,000,000 $-2,222,000,000 $-4,294,000,000 $-2,158,000,000
Long Term Debt Issuance $12,470,000,000 $6,159,000,000 $8,972,000,000 $5,132,000,000
Net Investment Purchase And Sale $-17,000,000 $-16,000,000 $-21,000,000 $-13,000,000
Sale Of Investment $1,685,000,000 $1,535,000,000 $1,121,000,000 $1,112,000,000
Purchase Of Investment $-1,702,000,000 $-1,551,000,000 $-1,142,000,000 $-1,125,000,000
Net Business Purchase And Sale $-634,000,000 $369,000,000 $164,000,000 $275,000,000
Sale Of Business $1,000,000 $369,000,000 $164,000,000 $275,000,000
Purchase Of Business $-635,000,000 $0 $0 -
Net PPE Purchase And Sale $-12,737,000,000 $-8,955,000,000 $-9,095,000,000 $-7,923,000,000
Purchase Of PPE $-12,737,000,000 $-8,955,000,000 $-9,095,000,000 $-7,923,000,000
Change In Working Capital $399,000,000 $1,421,000,000 $-135,000,000 $160,000,000
Change In Other Working Capital $534,000,000 $1,046,000,000 $851,000,000 $19,000,000
Change In Other Current Liabilities $99,000,000 $115,000,000 $149,000,000 $153,000,000
Change In Other Current Assets $47,000,000 $-47,000,000 $-106,000,000 $-186,000,000
Change In Payables And Accrued Expense $-201,000,000 $728,000,000 $-798,000,000 $1,072,000,000
Change In Accrued Expense $125,000,000 $30,000,000 $42,000,000 -
Change In Interest Payable $125,000,000 $30,000,000 $42,000,000 -
Change In Payable $-326,000,000 $698,000,000 $-840,000,000 $1,072,000,000
Change In Account Payable $-290,000,000 $492,000,000 $-863,000,000 $1,021,000,000
Change In Tax Payable $-36,000,000 $206,000,000 $23,000,000 $51,000,000
Change In Income Tax Payable $-36,000,000 $206,000,000 $23,000,000 $51,000,000
Change In Inventory $44,000,000 $-49,000,000 $-713,000,000 $-127,000,000
Change In Receivables $-124,000,000 $-372,000,000 $482,000,000 $-771,000,000
Other Non Cash Items $-1,225,000,000 $-1,361,000,000 $-1,173,000,000 $-1,799,000,000
Stock Based Compensation $136,000,000 $132,000,000 $137,000,000 $127,000,000
Deferred Tax $618,000,000 $626,000,000 $416,000,000 $758,000,000
Deferred Income Tax $618,000,000 $626,000,000 $416,000,000 $758,000,000
Depreciation Amortization Depletion $6,030,000,000 $5,266,000,000 $4,986,000,000 $4,064,000,000
Depreciation And Amortization $6,030,000,000 $5,266,000,000 $4,986,000,000 $4,064,000,000
Pension And Employee Benefit Expense $-579,000,000 $-556,000,000 $-527,000,000 $-436,000,000
Net Income From Continuing Operations $4,171,000,000 $4,260,000,000 $3,849,000,000 $3,428,000,000
Preferred Stock Payments - $0 $0 $-298,000,000
Asset Impairment Charge - - $0 $251,000,000
Gain Loss On Sale Of Business - - - -
Fetched: 2026-08-15