SO - NYSE

The Southern Company

SO·NYSE

$91.62

+1.2%

UtilitiesRegulated Electric

The Southern Company, through its subsidiaries, engages in the generation, transmission, and distribution of electricity. It operates through Gas Distribution Operations, Gas Pipeline Investments, Wholesale Gas Services, and Gas Marketing Services segments. The company also develops, constructs, acquires, owns, and manages power generation assets, including renewable energy projects and sells electricity in the wholesale market; and distributes natural gas in Illinois, Georgia, Virginia, and Tennessee, as well as provides gas marketing services, wholesale gas services, and gas pipeline investments operations. In addition, it owns and/or operates 30 hydroelectric generating stations, 24 fossil fuel generating stations, three nuclear generating stations, 13 combined cycle/cogeneration stations, 45 solar facilities, 15 wind facilities, one fuel cell facility, and four battery storage facility; and constructs, operates, and maintains 76,289 miles of natural gas pipelines and 14 storage facilities with total capacity of 157 Bcf to provide natural gas to residential, commercial, and industrial customers. The company serves approximately 8.7 million electric and gas utility customers. Further, the company offers digital wireless communications and fiber optics services. The Southern Company was incorporated in 1945 and is headquartered in Atlanta, Georgia.

Statements Value Model

At a Glance

Live Snapshot

Market Cap$103.28B

EPS3.9400

P/E Ratio23.25

Earnings Date07/30/2026

155.72B

Assets

3Y+15.0%

5Y+27.0%

10Y+42.0%

116.85B

Total Liabilities

3Y+16.0%

5Y+29.0%

10Y+41.0%

38.87B

Total Equity

3Y+13.0%

5Y+19.0%

10Y+45.0%

The Southern Company Funding & Solvency Profile

SO · NYSE

Current Assets

Cash & Cash Equivalents1.64B

Net Receivables4.07B

Inventory3.33B

Other Current Assets1.81B

Total Current Assets11 B

Non-Current Assets

Property, Plant & Equipment114.37B

Goodwill & Intangible Assets5.46B

Long-Term Investments0.00

Other Non-Current Assets24.97B

Total Non-Current Assets139 B

Total Assets

155.72B

Financial Health Analysis

Current Ratio

0.65x

Warning: Liquidity concerns. Current assets may not be sufficient to cover short-term obligations.

Debt-to-Equity Ratio

3.01x

High financial leverage. Heavy reliance on debt may indicate increased financial risk and potential solvency concerns.

Working Capital

-5971000000

Negative working capital indicates short-term liabilities exceed short-term assets—potential liquidity stress.

Asset Composition

7% Current

Capital-intensive business with significant long-term investments in property, equipment, or intangibles.

Financial Health Insight

Financial stress indicators: Both liquidity and leverage metrics raise concerns. The company may face challenges meeting obligations and should focus on strengthening its balance sheet.

The Southern Company Balance Sheet

SO • NYSE

The Southern Company Balance Sheet	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020	Dec 2019	Dec 2018	Dec 2017	Dec 2016	Dec 2015	Dec 2014	Dec 2013	Dec 2012	Dec 2011	Dec 2010	Dec 2009	Dec 2008	Dec 2007	Dec 2006
ASSETS
CURRENT ASSETS
Cash and Cash Equivalents	1.6B	1.1B	748M	1.9B	1.8B	1.1B	2B	1.4B	2.1B	2B	1.4B	710M	659M	628M	1.3B	447M	690M	417M	201M	167M
Cash & Short-Term Investments	1.6B	1.1B	748M	1.9B	1.8B	1.1B	2B	1.4B	2.1B	2B	1.4B	710M	659M	628M	1.3B	447M	690M	417M	201M	167M
Net Receivables	4.1B	4.3B	4B	3.7B	3B	3.3B	3.4B	4.1B	4B	3.8B	2B	1.9B	1.8B	1.6B	1.8B	1.8B	1.7B	1.6B	1.6B	1.5B
Accounts Receivables	2.3B	2.2B	2B	2.1B	1.7B	2.3B	2B	2.5B	2.4B	2.2B	1.1B	1.1B	1B	961M	1.1B	1.1B	953M	1.1B	1B	943M
Other Receivables	1.8B	2.1B	2B	1.7B	1.2B	1.1B	1.4B	1.5B	1.6B	1.6B	989M	857M	792M	688M	775M	680M	744M	595M	620M	578M
Inventory	3.3B	3.4B	3.4B	2.7B	2.4B	2.5B	2.4B	2.4B	2.6B	2.8B	1.9B	2B	2.3B	2.8B	2.3B	2.1B	2.2B	1.8B	1.4B	1.3B
Prepaids	63M	294M	406M	347M	330M	276M	314M	432M	452M	364M	495M	665M	278M	657M	385M	784M	508M	302M	146M	128M
Other Current Assets	1.8B	1.7B	2B	1.8B	1.5B	1.5B	1.7B	1.3B	815M	811M	651M	573M	560M	409M	453M	697M	737M	1.2B	1.3B	880M
Total Current Assets	10.9B	10.7B	10.4B	10.4B	9B	8.6B	9.8B	9.6B	10.1B	9.7B	6.5B	5.9B	5.6B	6.2B	6.3B	5.9B	5.9B	5.4B	4.7B	4B
NON-CURRENT ASSETS
Property, Plant, and Equipment (Net)	114.4B	106.7B	101.9B	96.7B	93.5B	90.4B	86.1B	81.9B	80.9B	79.5B	62B	55.8B	52.1B	49.3B	45.9B	42B	39.2B	35.9B	33.3B	31.1B
Goodwill	5.2B	5.2B	5.2B	5.2B	5.3B	5.3B	5.3B	5.3B	6.3B	6.3B	2M	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0
Intangible Assets	300M	332M	368M	406M	445M	487M	536M	613M	873M	970M	317M	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0
Goodwill & Intangible Assets	5.5B	5.5B	5.5B	5.6B	5.7B	5.8B	5.8B	5.9B	7.1B	7.2B	319M	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0
Long-Term Investments	0.0	4B	3.8B	3.6B	3.8B	3.7B	3.3B	3.3B	3.3B	3.2B	1.5B	1.5B	1.5B	1.3B	1.2B	2.3B	2B	2B	2.4B	2.2B
Tax Assets	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	1.4B	1.3B	1B	973M	910M	895M
Other Non-Current Assets	25B	18.2B	17.6B	18.6B	15.6B	14.5B	13.7B	16.2B	9.6B	10.1B	7.9B	7B	5.4B	6.4B	4.5B	3.6B	3.9B	4.2B	4.5B	4.7B
Total Non-Current Assets	144.8B	134.5B	128.9B	124.5B	118.6B	114.3B	108.9B	107.3B	100.9B	100B	71.8B	64.4B	58.9B	57B	53B	49.1B	46.2B	43B	41.1B	38.8B
Total Assets	155.7B	145.2B	139.3B	134.9B	127.5B	122.9B	118.7B	116.9B	111B	109.7B	78.3B	70.2B	64.5B	63.1B	59.3B	55B	52B	48.3B	45.8B	42.9B
LIABILITIES
CURRENT LIABILITIES
Total Payables	4.4B	4.8B	3.8B	4.3B	2.9B	3.6B	3.2B	4.1B	3.7B	4.2B	2.4B	2.2B	1.8B	1.8B	2B	1.9B	1.9B	2B	1.4B	1.2B
Accounts Payable	3.7B	3.7B	2.9B	3.5B	2.2B	2.8B	2.6B	3.4B	3.1B	2.8B	1.9B	1.6B	1.4B	1.4B	1.6B	1.3B	1.3B	1.3B	1.2B	1.1B
Other Payables	722M	1.1B	868M	824M	691M	829M	659M	656M	636M	1.3B	493M	636M	469M	401M	438M	635M	577M	724M	217M	110M
Accrued Expenses	3.2B	682M	652M	614M	533M	513M	474M	472M	488M	518M	249M	295M	251M	237M	226M	419M	402M	375M	389M	335M
Short Term Debt	169M	6.1B	4.8B	6.9B	3.6B	4.1B	5B	6.1B	6.3B	4.8B	4B	4.1B	1.9B	3.1B	2.6B	2.6B	1.8B	1.6B	2.5B	3.4B
Capital Lease Obligations (Current)	0.0	200M	183M	197M	250M	241M	229M	0.0	31M	32M	32M	31M	29M	23M	24M	0.0	0.0	0.0	0.0	0.0
Tax Payables	0.0	57M	868M	824M	691M	829M	659M	656M	619M	860M	503M	638M	469M	398M	460M	635M	577M	328M	217M	110M
Deferred Revenue	0.0	486M	503M	502M	479M	487M	496M	522M	542M	558M	404M	390M	380M	370M	347M	332M	331M	302M	274M	249M
Other Current Liabilities	9.1B	3.8B	3.6B	3.2B	3.2B	3.1B	3.1B	3.1B	2.5B	2.8B	2B	1.9B	1.1B	1.5B	1.4B	1.2B	1.2B	1B	1.1B	1.2B
Total Current Liabilities	16.9B	16B	13.5B	15.7B	10.9B	12.1B	12.5B	14.3B	13.6B	12.9B	9.1B	9B	5.5B	7B	6.6B	6.5B	5.6B	5.2B	5.6B	6.4B
NON-CURRENT LIABILITIES
Long Term Debt	65.6B	58.8B	57.2B	50.7B	50.1B	45.1B	41.8B	40.7B	44.5B	42.6B	24.7B	20.6B	21.3B	19.3B	18.6B	18.2B	18.1B	16.8B	14.1B	12.5B
Deferred Tax Liabilities (Non-Current)	579M	18.2B	17.7B	17.4B	16.5B	16.2B	16.3B	15.4B	16.4B	16.5B	13.7B	12.5B	11.7B	11B	9.6B	8.3B	7.2B	6.8B	6.6B	6.8B
Other Non-Current Liabilities	33.7B	14.3B	14.4B	15.2B	15.9B	15.5B	14.4B	17.2B	10.7B	10.9B	8.7B	6.8B	5.8B	6.4B	5.7B	5.2B	5.6B	5.5B	6B	5.1B
Total Non-Current Liabilities	100B	92.5B	90.6B	84.6B	84B	78.3B	74.1B	73.3B	71.6B	70.1B	47.1B	40B	38.9B	36.8B	34B	31.7B	30.9B	29.1B	26.7B	24.4B
Capital Lease Obligations	0.0	1.5B	1.5B	1.6B	1.8B	1.9B	1.8B	24M	31M	32M	32M	31M	29M	23M	0.0	0.0	0.0	0.0	0.0	0.0
Total Liabilities	116.9B	108.5B	104.1B	100.4B	95B	90.4B	86.7B	87.6B	85.2B	83B	56.2B	48.9B	44.4B	43.8B	40.6B	38.1B	36.5B	34.4B	32.3B	30.7B
SHAREHOLDERS' EQUITY
Treasury Stock	-59M	-59M	-59M	-53M	-47M	-46M	-42M	-38M	-36M	-31M	-142M	-26M	-250M	-450M	-17M	-15M	-15M	-12M	0.0	0.0
Preferred Stock	0.0	0.0	0.0	0.0	291M	291M	291M	291M	324M	727M	727M	1.1B	1.1B	1.1B	1.1B	707M	707M	707M	1.1B	744M
Common Stock	5.6B	5.4B	5.4B	5.4B	5.3B	5.3B	5.3B	5.2B	5B	5B	4.6B	4.5B	4.5B	4.4B	4.3B	4.2B	4.1B	3.9B	12.4B	11.4B
Additional Paid-In Capital	15.7B	14.1B	13.8B	13.7B	12B	11.8B	11.7B	11.1B	10.5B	9.7B	6.3B	6B	5.4B	4.9B	4.4B	3.7B	3B	1.9B	0.0	0.0
Retained Earnings	14.9B	13.8B	12.5B	11.5B	10.9B	11.3B	10.9B	8.7B	8.9B	10.4B	10B	9.6B	9.5B	9.6B	9B	8.4B	7.9B	7.6B	0.0	0.0
Accumulated Other Comprehensive Income/Loss	-75M	-78M	-177M	-167M	-237M	-395M	-321M	-203M	-189M	-180M	-130M	-128M	-75M	-123M	-111M	-70M	-88M	-105M	0.0	0.0
Total Stockholders' Equity	36B	33.2B	31.4B	30.4B	28.2B	28.3B	27.8B	25B	24.5B	25.5B	21.3B	21.1B	20.1B	19.4B	18.7B	16.9B	15.6B	14B	13.5B	12.1B
Total Equity	38.9B	36.7B	35.2B	34.5B	32.6B	32.5B	32.1B	29.3B	25.9B	26.7B	22.1B	21.3B	20.1B	19.4B	18.7B	16.9B	15.6B	14B	13.5B	12.1B
Minority Interest	2.9B	3.5B	3.8B	4.1B	4.4B	4.3B	4.3B	4.3B	1.4B	1.2B	781M	221M	0.0	707M	707M	0.0	0.0	0.0	0.0	0.0
SUMMARY
Total Liabilities & Equity	155.7B	145.2B	139.3B	134.9B	127.5B	122.9B	118.7B	116.9B	111B	109.7B	78.3B	70.2B	64.5B	63.1B	59.3B	55B	52B	48.3B	45.8B	42.9B
Total Investments	0.0	4B	3.8B	3.6B	3.8B	3.7B	3.3B	3.3B	3.3B	3.2B	1.5B	1.5B	1.5B	1.3B	1.2B	2.3B	2B	2B	2.4B	2.2B
Total Debt	65.8B	66.3B	63.5B	59.1B	55.5B	51B	48.7B	46.8B	50.8B	47.5B	28.7B	24.8B	23.3B	22.4B	21.2B	20.8B	19.9B	18.4B	16.6B	15.9B
Net Debt	64.2B	65.2B	62.7B	57.2B	53.7B	50B	46.7B	45.5B	48.7B	45.5B	27.3B	24.1B	22.6B	21.8B	19.9B	20.3B	19.2B	18B	16.4B	15.7B
Shares Outstanding	1,099,729,962	1,099,729,962	1,099,729,962	1,099,729,962	1,099,729,962	1,099,729,962	1,099,729,962	1,099,729,962	1,099,729,962	1,099,729,962	1,099,729,962	1,099,729,962	1,099,729,962	1,099,729,962	1,099,729,962	1,099,729,962	1,099,729,962	1,099,729,962	1,099,729,962	1,099,729,962

SEC Filings

SO - Filing history and reports

Filing Type	Filing Date	Period Ending	Fiscal Year	Actions
8-K 8-K 2026 N/A	May 15, 2026	May 13, 2026	2026	View Filing
8-K 8-K 2026 N/A	April 30, 2026	April 30, 2026	2026	View Filing
10-Q 10-Q 2026 Q1 Q1	April 30, 2026	March 31, 2026	2026	View Filing
DEF 14A DEF 14A 2026 N/A	April 03, 2026	May 13, 2026	2026	View Filing
8-K 8-K 2026 N/A	March 19, 2026	March 16, 2026	2026	View Filing
8-K 8-K 2026 N/A	February 25, 2026	February 20, 2026	2026	View Filing
8-K 8-K 2026 N/A	February 19, 2026	February 19, 2026	2026	View Filing
10-K 10-K 2025 FY FY	February 19, 2026	December 31, 2025	2025	View Filing
8-K/A 8-K/A 2025 (Amended) N/A	February 17, 2026	July 21, 2025	2025	View Filing
8-K 8-K 2025 N/A	December 19, 2025	December 19, 2025	2025	View Filing

Showing 1 to 10 of 637 filings

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