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 | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $8.40B | - | $7.82B | $6.97B | $7.78B | - | $7.27B | $6.46B | $6.65B | - |
| Cost of Revenue | - | - | - | - | - | - | - | - | - | - |
| Gross Profit | - | - | - | - | - | - | - | - | - | - |
| R&D | - | - | - | - | - | - | - | - | - | - |
| SG&A | - | - | - | - | - | - | - | - | - | - |
| Total Operating Expenses | $6.38B | - | $5.23B | $5.21B | $5.76B | - | $4.91B | $4.52B | $4.94B | - |
| D&A | - | - | - | - | - | - | - | - | - | - |
| Operating Income | $2.02B | - | $2.59B | $1.76B | $2.01B | - | $2.37B | $1.94B | $1.70B | - |
| Interest Expense | - | - | - | - | - | - | - | - | - | - |
| Income Tax | $228.00M | - | $404.00M | $289.00M | $280.00M | - | $377.00M | $290.00M | $223.00M | - |
| Net Income | $1.36B | - | $1.71B | $1.20B | $1.33B | - | $1.53B | $1.20B | $1.13B | - |
| EPS - Basic | $1.21 | - | $1.55 | $0.80 | $1.21 | - | $1.40 | $1.10 | $1.03 | - |
| EPS - Diluted | $1.20 | - | $1.54 | $0.79 | $1.21 | - | $1.39 | $1.09 | $1.03 | - |
Balance Sheet
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $981.00M | $1.64B | $3.34B | $1.26B | $2.33B | $1.07B | $1.02B | $1.15B | $713.00M | $748.00M |
| Accounts Receivable | - | - | - | - | - | - | - | - | - | - |
| Inventory | - | - | - | - | - | - | - | - | - | - |
| Accounts Payable | $2.91B | $3.71B | $3.02B | $2.95B | $3.09B | $3.70B | $3.95B | $2.44B | $2.15B | $2.90B |
| Current Assets | $9.96B | $10.92B | $12.63B | $10.80B | $11.82B | $10.69B | $11.04B | $10.99B | $10.54B | $10.43B |
| Total Assets | $157.03B | $155.72B | $153.25B | $148.85B | $148.11B | $145.18B | $143.96B | $141.94B | $140.12B | $139.33B |
| Current Liabilities | $15.32B | $16.89B | $16.73B | $14.57B | $13.77B | $15.99B | $12.16B | $12.03B | $11.46B | $13.47B |
| Long-term Debt | - | - | - | - | - | - | - | - | - | - |
| Total Liabilities | $117.12B | $116.85B | $114.97B | $111.51B | $110.89B | $108.51B | $107.05B | $105.83B | $104.51B | $104.11B |
| Stockholders' Equity | $39.91B | $36.02B | $38.27B | $37.34B | $37.22B | $33.21B | $36.91B | $36.11B | $35.61B | $31.44B |
| Retained Earnings | - | $14.86B | - | - | - | $13.75B | - | - | - | $12.48B |
Cash Flow
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $1.23B | - | - | - | $1.25B | - | - | - | $1.31B | - |
| Investing Cash Flow | ($3.42B) | - | - | - | ($2.83B) | - | - | - | ($2.38B) | - |
| Financing Cash Flow | $1.54B | - | - | - | $2.81B | - | - | - | $985.00M | - |
| CapEx | $2.94B | - | - | - | $2.44B | - | - | - | $1.77B | - |
| Free Cash Flow | ($1.72B) | - | - | - | ($1.19B) | - | - | - | ($459.00M) | - |
Ratios
| Metric | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Profitability | ||||||||||
| Gross margin | - | - | - | - | - | - | - | - | - | - |
| Operating margin | 24.0% | - | 33.2% | 25.3% | 25.9% | - | 32.6% | 30.0% | 25.6% | - |
| EBITDA margin | - | - | - | - | - | - | - | - | - | - |
| Net margin | 16.1% | - | 21.9% | 17.3% | 17.2% | - | 21.1% | 18.6% | 17.0% | - |
| Free cash flow margin | -20.5% | - | - | - | -15.3% | - | - | - | -6.9% | - |
| FCF / Net income | -1.27 | - | - | - | -0.89 | - | - | - | -0.41 | - |
| R&D / Revenue | - | - | - | - | - | - | - | - | - | - |
| SG&A / Revenue | - | - | - | - | - | - | - | - | - | - |
| Effective tax rate | 14.4% | - | 19.1% | 19.4% | 17.3% | - | 19.7% | 19.4% | 16.5% | - |
| Return on assets | 0.9% | - | 1.1% | 0.8% | 0.9% | - | 1.1% | 0.8% | 0.8% | - |
| Return on equity | 3.4% | - | 4.5% | 3.2% | 3.6% | - | 4.2% | 3.3% | 3.2% | - |
| Return on invested capital | - | - | - | - | - | - | - | - | - | - |
| Liquidity | ||||||||||
| Current ratio | 0.65 | 0.65 | 0.75 | 0.74 | 0.86 | 0.67 | 0.91 | 0.91 | 0.92 | 0.77 |
| Quick ratio | 0.65 | 0.65 | 0.75 | 0.74 | 0.86 | 0.67 | 0.91 | 0.91 | 0.92 | 0.77 |
| Cash ratio | 0.06 | 0.10 | 0.20 | 0.09 | 0.17 | 0.07 | 0.08 | 0.10 | 0.06 | 0.06 |
| Leverage | ||||||||||
| Debt / Equity | - | - | - | - | - | - | - | - | - | - |
| Debt / Assets | - | - | - | - | - | - | - | - | - | - |
| Debt / EBITDA | - | - | - | - | - | - | - | - | - | - |
| Interest coverage | - | - | - | - | - | - | - | - | - | - |
| Equity multiplier | 3.93 | 4.32 | 4.00 | 3.99 | 3.98 | 4.37 | 3.90 | 3.93 | 3.93 | 4.43 |
| Liabilities / Assets | 0.75 | 0.75 | 0.75 | 0.75 | 0.75 | 0.75 | 0.74 | 0.75 | 0.75 | 0.75 |
| Efficiency | ||||||||||
| Asset turnover | 0.05 | - | 0.05 | 0.05 | 0.05 | - | 0.05 | 0.05 | 0.05 | - |
| Inventory turnover | - | - | - | - | - | - | - | - | - | - |
| Days sales outstanding | - | - | - | - | - | - | - | - | - | - |
| Days inventory outstanding | - | - | - | - | - | - | - | - | - | - |
| Days payable outstanding | - | - | - | - | - | - | - | - | - | - |
| Cash conversion cycle | - | - | - | - | - | - | - | - | - | - |
| Valuation | ||||||||||
| P / E | 80.4x | - | 61.5x | 116.2x | 76.0x | - | 64.9x | 71.2x | 69.7x | - |
| P / B | 2.7x | - | 2.7x | 2.7x | 2.7x | - | 2.7x | 2.4x | 2.2x | - |
| P / S | 13.0x | - | 13.4x | 14.6x | 13.1x | - | 13.7x | 13.2x | 11.9x | - |
| EV / EBITDA | - | - | - | - | - | - | - | - | - | - |
| Growth | ||||||||||
| Revenue growth (YoY) | 8.0% | - | 7.5% | 7.9% | 17.0% | - | 4.2% | 12.4% | 2.6% | - |
| Revenue CAGR (3y) | 9.0% | - | -2.3% | -1.1% | 5.4% | - | 5.3% | 7.5% | 4.0% | - |
| Revenue CAGR (5y) | 7.3% | - | 6.8% | 8.6% | 9.2% | - | 3.9% | 4.9% | 4.2% | - |
| Gross profit growth (YoY) | - | - | - | - | - | - | - | - | - | - |
| Operating income growth (YoY) | 0.4% | - | 9.5% | -9.0% | 18.0% | - | 12.2% | 50.3% | 39.8% | - |
| Net income growth (YoY) | 1.6% | - | 11.5% | 0.0% | 18.2% | - | 7.9% | 43.6% | 31.0% | - |
| EPS growth (YoY) | -0.8% | - | 10.8% | -27.5% | 17.5% | - | 7.8% | 43.4% | 30.4% | - |
| EPS CAGR (3y) | 15.0% | - | 4.5% | -8.5% | 7.6% | - | 10.5% | 46.0% | -1.0% | - |
| EPS CAGR (5y) | 2.5% | - | 5.5% | 6.4% | 8.4% | - | 2.1% | 5.1% | -12.3% | - |
| FCF growth (YoY) | -44.7% | - | - | - | -158.6% | - | - | - | 54.4% | - |
| FCF CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| Book value growth (YoY) | 7.2% | 8.5% | 3.7% | 3.4% | 4.5% | 5.6% | 4.5% | 4.2% | 3.0% | 3.4% |
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 |