SO · Southern Co - Financials
Annual line items from SEC XBRL filings, sourced from EDGAR's Company Facts API with fallback to the quarterly Financial Statement Data Sets. See issuer overview for Form 4 activity and 10-K signals.
Income Statement
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Revenue | $29.55B | $26.72B | $25.25B | $29.28B | $23.11B | $20.38B |
| Cost of Revenue | - | - | - | - | - | - |
| Gross Profit | - | - | - | - | - | - |
| R&D | - | - | - | - | - | - |
| SG&A | - | - | - | - | - | - |
| Total Operating Expenses | $22.27B | $19.66B | $19.43B | $23.91B | $19.41B | $15.49B |
| D&A | - | - | - | - | - | - |
| Operating Income | $7.29B | $7.07B | $5.83B | $5.37B | $3.70B | $4.88B |
| Interest Expense | - | - | - | - | - | - |
| Income Tax | $828.00M | $969.00M | $496.00M | $795.00M | $267.00M | $393.00M |
| Net Income | $4.40B | $4.40B | $3.98B | $3.52B | $2.39B | $3.12B |
| EPS - Basic | $3.94 | $4.02 | $3.64 | $3.28 | $2.26 | $2.95 |
| EPS - Diluted | $3.92 | $3.99 | $3.62 | $3.26 | $2.24 | $2.93 |
Balance Sheet
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Cash & Equivalents | $1.64B | $1.07B | $748.00M | $1.92B | $1.80B | $1.06B |
| Accounts Receivable | - | - | - | - | - | - |
| Inventory | - | - | - | - | - | - |
| Accounts Payable | $3.71B | $3.70B | $2.90B | $3.52B | $2.17B | $2.31B |
| Current Assets | $10.92B | $10.69B | $10.43B | $10.42B | $8.96B | $8.62B |
| Total Assets | $155.72B | $145.18B | $139.33B | $134.89B | $127.53B | $122.94B |
| Current Liabilities | $16.89B | $15.99B | $13.47B | $15.72B | $10.92B | $12.08B |
| Long-term Debt | - | - | - | - | - | - |
| Total Liabilities | $116.85B | $108.51B | $104.11B | $100.36B | $94.97B | $90.41B |
| Stockholders' Equity | $36.02B | $33.21B | $31.44B | $30.41B | $27.87B | $27.97B |
| Retained Earnings | $14.86B | $13.75B | $12.48B | $11.54B | $10.93B | $11.31B |
Cash Flow
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Operating Cash Flow | $9.80B | $9.79B | $7.55B | $6.30B | $6.17B | $6.70B |
| Investing Cash Flow | ($13.96B) | ($9.40B) | ($9.67B) | ($8.43B) | ($7.35B) | ($7.03B) |
| Financing Cash Flow | $4.70B | ($208.00M) | $999.00M | $2.34B | $1.95B | ($576.00M) |
| CapEx | $12.74B | $8.96B | $9.10B | $7.92B | $7.24B | $7.44B |
| Free Cash Flow | ($2.94B) | $833.00M | ($1.54B) | ($1.62B) | ($1.07B) | ($745.00M) |
Ratios
| Metric | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Profitability | ||||||
| Gross margin | - | - | - | - | - | - |
| Operating margin | 24.7% | 26.4% | 23.1% | 18.3% | 16.0% | 24.0% |
| EBITDA margin | - | - | - | - | - | - |
| Net margin | 14.9% | 16.5% | 15.7% | 12.0% | 10.4% | 15.3% |
| Free cash flow margin | -9.9% | 3.1% | -6.1% | -5.5% | -4.6% | -3.7% |
| FCF / Net income | -0.67 | 0.19 | -0.39 | -0.46 | -0.45 | -0.24 |
| R&D / Revenue | - | - | - | - | - | - |
| SG&A / Revenue | - | - | - | - | - | - |
| Effective tax rate | 15.8% | 18.0% | 11.1% | 18.4% | 10.0% | 11.2% |
| Return on assets | 2.8% | 3.0% | 2.9% | 2.6% | 1.9% | 2.5% |
| Return on equity | 12.2% | 13.3% | 12.6% | 11.6% | 8.6% | 11.2% |
| Return on invested capital | - | - | - | - | - | - |
| Liquidity | ||||||
| Current ratio | 0.65 | 0.67 | 0.77 | 0.66 | 0.82 | 0.71 |
| Quick ratio | 0.65 | 0.67 | 0.77 | 0.66 | 0.82 | 0.71 |
| Cash ratio | 0.10 | 0.07 | 0.06 | 0.12 | 0.16 | 0.09 |
| Leverage | ||||||
| Debt / Equity | - | - | - | - | - | - |
| Debt / Assets | - | - | - | - | - | - |
| Debt / EBITDA | - | - | - | - | - | - |
| Interest coverage | - | - | - | - | - | - |
| Equity multiplier | 4.32 | 4.37 | 4.43 | 4.44 | 4.58 | 4.39 |
| Liabilities / Assets | 0.75 | 0.75 | 0.75 | 0.74 | 0.74 | 0.74 |
| Efficiency | ||||||
| Asset turnover | 0.19 | 0.18 | 0.18 | 0.22 | 0.18 | 0.17 |
| Inventory turnover | - | - | - | - | - | - |
| Days sales outstanding | - | - | - | - | - | - |
| Days inventory outstanding | - | - | - | - | - | - |
| Days payable outstanding | - | - | - | - | - | - |
| Cash conversion cycle | - | - | - | - | - | - |
| Valuation | ||||||
| P / E | 22.2x | 20.6x | 19.4x | 21.9x | 30.6x | 21.0x |
| P / B | 2.7x | 2.7x | 2.4x | 2.5x | 2.6x | 2.3x |
| P / S | 3.3x | 3.4x | 3.0x | 2.6x | 3.2x | 3.2x |
| EV / EBITDA | - | - | - | - | - | - |
| Growth | ||||||
| Revenue growth (YoY) | 10.6% | 5.8% | -13.8% | 26.7% | 13.4% | - |
| Revenue CAGR (3y) | 0.3% | 5.0% | 7.4% | - | - | -4.0% |
| Revenue CAGR (5y) | 7.7% | - | - | 4.9% | 3.0% | 3.1% |
| Gross profit growth (YoY) | - | - | - | - | - | - |
| Operating income growth (YoY) | 3.1% | 21.3% | 8.5% | 45.2% | -24.3% | -36.9% |
| Net income growth (YoY) | 0.0% | 10.7% | 12.8% | 47.3% | -23.3% | -34.2% |
| EPS growth (YoY) | -1.8% | 10.2% | 11.0% | 45.5% | -23.5% | -34.9% |
| EPS CAGR (3y) | 6.3% | 21.2% | 7.3% | -10.2% | 1.1% | 51.7% |
| EPS CAGR (5y) | 6.0% | -2.4% | 10.8% | 31.2% | -2.6% | 2.5% |
| FCF growth (YoY) | - | - | 4.9% | -51.4% | -43.8% | 58.0% |
| FCF CAGR (5y) | - | - | - | - | - | - |
| Book value growth (YoY) | 8.5% | 5.6% | 3.4% | 9.1% | -0.4% | 1.7% |
Stability scores
Altman Z′
FY 2025 · bankruptcy risk
0.52
Distress
Private-firm variant - uses book equity instead of market cap. > 2.90 safe · 1.23-2.90 grey · < 1.23 distress.
Piotroski F-score
FY 2025 · 9-point quality
5/9
Neutral
- ✓Net income positive
- ✓Operating cash flow positive
- ✗ROA improved YoY
- ✓Cash flow > net income
- -Long-term debt decreased
- ✗Current ratio improved
- ✓No share dilution
- -Gross margin improved
- ✓Asset turnover improved
Peer comparison
Same SIC group: Electric Services
Comparing SOUTHERN CO against the 5 most active filers in the same SIC group.
Dividends
$2.98/share trailing 12 months · +2.8% YoY
| Ex-date | Per share |
|---|---|
| May 18, 2026 | $0.7600 |
| Feb 17, 2026 | $0.7400 |
| Nov 17, 2025 | $0.7400 |
| Aug 18, 2025 | $0.7400 |
| May 19, 2025 | $0.7400 |
| Feb 18, 2025 | $0.7200 |
| Nov 18, 2024 | $0.7200 |
| Aug 19, 2024 | $0.7200 |
| May 17, 2024 | $0.7200 |
| Feb 16, 2024 | $0.7000 |
| Nov 17, 2023 | $0.7000 |
| Aug 18, 2023 | $0.7000 |
| May 12, 2023 | $0.7000 |
| Feb 17, 2023 | $0.6800 |
| Nov 18, 2022 | $0.6800 |
| Aug 12, 2022 | $0.6800 |
| May 13, 2022 | $0.6800 |
| Feb 18, 2022 | $0.6600 |
| Nov 12, 2021 | $0.6600 |
| Aug 13, 2021 | $0.6600 |
| May 14, 2021 | $0.6600 |
| Feb 12, 2021 | $0.6400 |
| Nov 13, 2020 | $0.6400 |
| Aug 14, 2020 | $0.6400 |