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Southern SO

US equityMarket cap rank #167Utilities - Regulated ElectricNuclear Power
$83.48
+$0.01 (+0.01%)
Market open · Sep 24, 1:10 pm ET
After hours $83.88 +0.49%
Open$83.91
Prev close$83.47
Day range$83.17 – $83.98
Volume2.02M
Market cap$96.03B
P/E (TTM)20.1
Dividend yield3.57%

Fundamentals

Latest reported quarter: Q2, ended Jun 2026

Revenue$6.98B+0.1% YoY
Operating profit$1.78B+0.7% YoY
Net profit$1.19B+39.3% YoY
Diluted EPS$1.03+30.4% YoY
Free cash flow-$641.00M+23.5% YoY
Operating cash flow$3.05B

Revenue, last 8 quarters

$7.3BSep '24$6.3BDec '24$7.8BMar '25$7.0BJun '25$7.8BSep '25$7.0BDec '25$8.4BMar '26$7.0BJun '26

Net profit, last 8 quarters

$1.5BSep '24$466.0MDec '24$1.3BMar '25$853.0MJun '25$1.7BSep '25$341.0MDec '25$1.3BMar '26$1.2BJun '26

Diluted EPS by quarter

1.39Sep '240.48Dec '241.21Mar '250.79Jun '251.54Sep '250.38Dec '251.20Mar '261.03Jun '26

Free cash flow by quarter

$1.3BSep '24$-576.0MDec '24$-1.2BMar '25$-838.0MJun '25$778.0MSep '25$-1.7BDec '25$-1.7BMar '26$-641.0MJun '26

Annual revenue

$20.4BFY20$23.1BFY21$29.3BFY22$25.3BFY23$26.7BFY24$29.6BFY25

Profitability & balance sheet

Gross margin48.3%
Operating margin24.2%
Net margin15.4%
Return on equity12.7%
Return on assets3.0%
Return on invested capital6.7%
Current ratio0.79
Liabilities / assets73.9%
Cash & investments$2.98B
Total debt$76.88B
Net cash (debt)-$73.90B

Where the revenue comes from

Quarter 2026/Q2

By business line

  • Traditional Electric Operating Companies$5.40B 75.8%
  • Southern Company Gas$966.00M 13.6%
  • Southern Power$535.00M 7.5%
  • All other$223.00M 3.1%

Income statement

Line item 2026 Q2 2026 Q1 2025 ANNUAL 2025 Q4 2025 Q3
Total Revenue as Reported $6.98B $8.40B $29.55B $6.98B $7.82B
Total Operating Revenue $6.98B $8.40B $29.55B $6.98B $7.82B
Cost of Revenue $3.40B $4.50B $15.23B $4.19B $3.52B
Gross Profit $3.58B $3.90B $14.32B $2.79B $4.30B
Operating Expense $1.80B $1.88B $7.04B $1.87B $1.71B
Depreciation & Amortization & Depletion $1.43B $1.42B $5.50B $1.47B $1.42B
-Depreciation & Amortization $1.43B $1.42B $5.50B $1.47B $1.42B
Other Taxes $367.00M $464.00M $1.54B $402.00M $288.00M
Operating Profit $1.78B $2.02B $7.29B $917.00M $2.59B
Net Non-Operating Interest Income (Expense) -$796.00M -$778.00M -$3.24B -$895.00M -$755.00M
Non-Operating Interest Expense $796.00M $778.00M $3.24B $895.00M $755.00M
Other Income (Expense) $395.00M $326.00M $952.00M $174.00M $272.00M
Earnings from Equity Interest $86.00M $50.00M $112.00M $36.00M $33.00M
Special Income (Charges) $128.00M $121.00M $340.00M $97.00M $90.00M
-Less:Other Special Charges -$128.00M -$121.00M -$340.00M -$97.00M -$90.00M
Other Non-Operating Income (Expenses) $181.00M $155.00M $500.00M $41.00M $149.00M
Pretax Profit $1.38B $1.57B $5.00B $196.00M $2.11B
Tax $187.00M $228.00M $828.00M -$145.00M $404.00M
Net Profit $1.19B $1.34B $4.17B $341.00M $1.71B
Profit from Continuing Operations $1.19B $1.34B $4.17B $341.00M $1.71B
Minority Interests $14.00M -$18.00M -$170.00M -$75.00M -$4.00M
Net Income to Parent Company $1.17B $1.36B $4.34B $416.00M $1.71B
Net Income to Common Stockholders $1.17B $1.36B $4.34B $416.00M $1.71B
Basic EPS $1.03 $1.21 $3.94 $0.55 $1.55
Diluted EPS $1.03 $1.20 $3.92 $0.38 $1.54
Dividend Per Share $0.76 $0.74 $2.94 $0.74 $0.74

Balance sheet

Line item 2026 Q2 2026 Q1 2025 ANNUAL 2025 Q4 2025 Q3
Total Assets $162.03B $157.03B $155.72B $155.72B $153.25B
Total Current Assets $12.38B $9.96B $10.92B $10.92B $12.63B
Cash and Cash Equivalents & Short-Term Investments $2.98B $981.00M $1.64B $1.64B $3.34B
-Cash and Cash Equivalents $2.98B $981.00M $1.64B $1.64B $3.34B
Receivables $3.95B $3.87B $4.07B $4.07B $3.90B
-Accounts Receivable $2.30B $2.41B $2.25B $2.25B $2.30B
-Other Receivables $807.00M $823.00M $971.00M $971.00M $993.00M
-Receivables Adjustments Allowances -$98.00M -$95.00M -$84.00M -$84.00M -$79.00M
Prepaid Assets $370.00M $411.00M $327.00M $327.00M $324.00M
Inventory $3.31B $3.17B $3.33B $3.33B $3.26B
Other Current Assets $1.77B $1.49B $1.49B $1.49B $1.75B
Total Non-Current Assets $149.65B $147.07B $144.80B $144.80B $140.62B
Net PPE $120.42B $118.16B $116.44B $116.44B $112.95B
-Gross PPE $166.28B $163.35B $159.92B $159.92B $155.75B
-Accumulated Depreciation -$45.87B -$45.19B -$43.48B -$43.48B -$42.79B
Investments and Advances $4.54B $4.25B $4.27B $4.27B $4.19B
-Long Term Equity Investment $1.43B $1.37B $1.32B $1.32B $1.30B
Non-Current Prepaid Assets $3.54B $3.37B $3.26B $3.26B $2.98B
Goodwill and Other Intangible Assets $5.45B $5.46B $5.46B $5.46B $5.47B
-Goodwill $5.16B $5.16B $5.16B $5.16B $5.16B
-Other Intangible Assets $287.00M $294.00M $300.00M $300.00M $308.00M
Non-Current Deferred Assets $3.09B $2.95B $2.82B $2.82B $2.62B
Total Liabilities $119.69B $117.12B $116.85B $116.85B $114.97B
Total Current Liabilities $15.73B $15.32B $16.89B $16.89B $16.73B
Payables $4.14B $3.53B $4.71B $4.71B $4.44B
-Accounts Payable $3.37B $2.91B $3.71B $3.71B $3.02B
-Total Tax Payable $765.00M $623.00M $1.00B $1.00B $1.42B
Current Accrued Expenses $812.00M $627.00M $807.00M $807.00M $602.00M
Short-Term Debt and Capital Lease Obligation $7.03B $7.58B $7.14B $7.14B $7.88B
-Current Debt $6.83B $7.37B $6.94B $6.94B $7.69B
-Current Capital Lease Obligation $207.00M $203.00M $197.00M $197.00M $198.00M
Current Provisions $658.00M $659.00M $662.00M $662.00M $680.00M
Current Deferred Liabilities $487.00M $478.00M $475.00M $475.00M $489.00M
Other Current Liabilities $1.68B $1.68B $1.67B $1.67B $1.43B
Total Non-Current Liabilities $103.95B $101.80B $99.97B $99.97B $98.25B
Long Term Debt and Capital Lease Obligation $70.05B $68.43B $66.94B $66.94B $65.86B
-Long Term Debt $68.76B $67.15B $65.65B $65.65B $64.62B
-Long Term Capital Lease Obligation $1.30B $1.28B $1.29B $1.29B $1.24B
Non-Current Liabilities $8.92B $8.91B $8.94B $8.94B $8.77B
Non-Current Deferred Liabilities $21.16B $20.70B $20.35B $20.35B $19.98B
Employee Benefits $1.03B $941.00M $980.00M $980.00M $955.00M
Other Non-Current Liabilities $2.08B $2.05B $2.04B $2.04B $2.03B
Total Equity $42.34B $39.91B $38.87B $38.87B $38.27B
Stockholders' Equity $39.57B $37.12B $36.02B $36.02B $35.00B
Capital Stock $11.00M $5.59B $5.55B $5.55B $5.46B
-Common Stock $11.00M $5.59B $5.55B $5.55B $5.46B
Additional Paid-In Capital $24.00B $16.29B $15.74B $15.74B $14.42B
Retained Earnings $15.70B $15.38B $14.86B $14.86B $15.25B
Less: Treasury Stock $61.00M $60.00M $59.00M $59.00M $57.00M
Gains/Losses Not Affecting Retained Earnings -$78.00M -$73.00M -$75.00M -$75.00M -$80.00M
Minority Interests $2.77B $2.79B $2.85B $2.85B $3.27B

Cash flow

Line item 2026 Q2 2026 Q1 2025 ANNUAL 2025 Q4 2025 Q3
Operating Cash Flow $3.05B $1.23B $9.80B $2.60B $3.77B
Net cash flow from continuing operations $3.05B $1.23B $9.80B $2.60B $3.77B
Net Income from Continuing Operations $1.19B $1.34B $4.17B $341.00M $1.71B
Gain/Loss from Continuing Operations -$128.00M -$149.00M -$327.00M $87.00M -$161.00M
Depreciation & Depletion & Amortization $1.60B $1.58B $6.03B $1.61B $1.57B
Deferred Tax $142.00M $168.00M $618.00M $263.00M -$98.00M
Other Non-Cash Items -$385.00M -$372.00M -$1.23B -$227.00M -$398.00M
Change in Working Capital $625.00M -$1.44B $399.00M $516.00M $1.14B
-Change in Receivables -$8.00M $124.00M -$124.00M -$324.00M $330.00M
-Change in Inventory -$251.00M $270.00M $44.00M -$95.00M -$129.00M
-Change in Prepaid Assets $2.00M -$98.00M
-Change in Payables and Accrued Expense $659.00M -$1.74B -$201.00M $240.00M $920.00M
-Change in Other Current Assets -$33.00M -$27.00M $47.00M $234.00M -$248.00M
-Change in Other Current Liabilities $109.00M -$4.00M $99.00M $366.00M -$126.00M
-Change In Other Working Capital $147.00M $41.00M $534.00M $95.00M $281.00M
Net cash flow from investing -$3.34B -$3.42B -$13.96B -$4.36B -$3.87B
Net Cash Flow from Continuing Investing Activities -$3.34B -$3.42B -$13.96B -$4.36B -$3.87B
Net PPE Purchase and Sale -$3.70B -$2.94B -$12.74B -$4.29B -$3.00B
Net Investment Purchase and Sale $0.00 $0.00 -$17.00M -$17.00M $0.00
Net Other Investing Changes $358.00M -$477.00M -$571.00M -$59.00M -$234.00M
Financing Cash Flow $2.29B $1.54B $4.70B $61.00M $2.17B
Net Cash Flow from Continuing Financing Activities $2.29B $1.54B $4.70B $61.00M $2.17B
Net Issuance Payments Of Debt $1.10B $2.02B $6.79B -$301.00M $2.98B
Net Common Stock Issuance $2.06B $535.00M $1.62B $1.53B $28.00M
Cash Dividends Paid -$803.00M -$776.00M -$3.02B -$761.00M -$760.00M
Net Other Financing Charges -$71.00M -$238.00M -$704.00M -$410.00M -$78.00M
Ending Cash Balance $2.99B $987.00M $1.64B $1.64B $3.34B
Net Change in Cash $2.00B -$653.00M $539.00M -$1.70B $2.08B
Beginning Cash Balance $987.00M $1.64B $1.10B $3.34B $1.27B
Free Cash Flow -$641.00M -$1.72B -$2.94B -$1.69B $778.00M
Net Business Purchase and Sale -$634.00M $1.00M -$637.00M
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