SO - NYSE
The Southern Company
$91.62
+1.2%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.
At a Glance
Live SnapshotThe Southern Company Profit Bridge
Profitability Analysis
Gross Margin
Moderate margins typical of competitive industries. Monitor for pricing pressure or rising costs.
Operating Margin
Healthy operating margins demonstrate effective cost control and strong business fundamentals.
Net Profit Margin
Strong net margins indicate efficient operations and favorable tax/interest management.
Effective Tax Rate
Moderate tax rate typical for most corporations. Represents standard tax burden on profits.
Profitability Insight
Efficient profit conversion: Minimal margin compression from gross to net indicates lean operations and favorable tax/interest environment.
The Southern Company Income Statement
SO • NYSE
| The Southern Company Income Statement | 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
REVENUE | ||||||||||||||||||||
29.6B | 26.7B | 25.3B | 29.3B | 23.1B | 20.4B | 21.4B | 23.5B | 23B | 19.9B | 17.5B | 18.5B | 17.1B | 16.5B | 17.7B | 17.5B | 15.7B | 17.1B | 15.4B | 14.4B | |
GROSS PROFIT | ||||||||||||||||||||
(20.7B) | (13.4B) | (13.5B) | (18.7B) | (12.9B) | (10.5B) | (11.8B) | (13.9B) | (13.1B) | (11.4B) | (9.8B) | (11B) | (9.8B) | (9.4B) | (10.8B) | (7.3B) | (6.4B) | (7.6B) | (6.4B) | (5.7B) | |
8.8B | 13.3B | 11.7B | 10.6B | 10.2B | 9.9B | 9.6B | 9.6B | 9.9B | 8.5B | 7.7B | 7.4B | 7.3B | 7.2B | 6.8B | 10.2B | 9.3B | 9.5B | 9B | 8.7B | |
OPERATING INCOME | ||||||||||||||||||||
(1.5B) | (6.3B) | (5.9B) | (5.3B) | (6.5B) | (5B) | (1.9B) | (5.4B) | (7.6B) | (4B) | (3.4B) | (3.8B) | (4B) | (2.7B) | (2.6B) | (10.2B) | (9.3B) | (9.5B) | (9B) | (8.7B) | |
(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) | (0.0) | (0.0) | (202M) | (0.0) | (0.0) | (0.0) | |
7.3B | 7.1B | 5.8B | 5.4B | 3.7B | 4.9B | 7.7B | 4.2B | 2.3B | 4.5B | 4.3B | 3.6B | 3.3B | 4.5B | 4.2B | 3.8B | 3.5B | 3.5B | 3.3B | 3.2B | |
PRE-TAX INCOME | ||||||||||||||||||||
(3.3B) | (2.7B) | (2.4B) | (2B) | (1.8B) | (1.8B) | (1.7B) | (1.8B) | (1.7B) | (1.3B) | (840M) | (835M) | (824M) | (859M) | (857M) | (895M) | (905M) | (866M) | (886M) | (866M) | |
-3.3B | -2.7B | -2.4B | -2B | -1.8B | -1.8B | -1.7B | -1.8B | -1.7B | -1.3B | -840M | -835M | -805M | -819M | -836M | -895M | -882M | -833M | -841M | -825M | |
(1.5B) | (6.3B) | (5.9B) | (5.3B) | (6.5B) | (5B) | (1.9B) | (5.4B) | (7.6B) | (4B) | (3.4B) | (3.8B) | (4B) | (2.7B) | (2.6B) | (10.2B) | (9.1B) | (9.5B) | (9B) | (8.7B) | |
-2.3B | -1.8B | -1.5B | -1.1B | -1.1B | -1.4B | -1.2B | -1.4B | -1.3B | -1B | -653M | -634M | -696M | -714M | -744M | -736M | -866M | -784M | -757M | -871M | |
5B | 5.2B | 4.3B | 4.2B | 2.6B | 3.5B | 6.5B | 2.7B | 1.1B | 3.5B | 3.6B | 3B | 2.6B | 3.7B | 3.5B | 3.1B | 2.6B | 2.7B | 2.6B | 2.4B | |
NET INCOME | ||||||||||||||||||||
(828M) | (969M) | (496M) | (795M) | (267M) | (393M) | (1.8B) | (449M) | (142M) | (951M) | (1.2B) | (977M) | (849M) | (1.3B) | (1.2B) | (1B) | (896M) | (915M) | (835M) | (780M) | |
4.3B | 4.4B | 4B | 3.5B | 2.4B | 3.1B | 4.8B | 2.2B | 880M | 2.5B | 2.4B | 2B | 1.7B | 2.4B | 2.3B | 2B | 1.7B | 1.8B | 1.7B | 1.6B |
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 | |
8-K 8-K 2026 N/A | April 30, 2026 | April 30, 2026 | 2026 | |
10-Q 10-Q 2026 Q1 Q1 | April 30, 2026 | March 31, 2026 | 2026 | |
DEF 14A DEF 14A 2026 N/A | April 03, 2026 | May 13, 2026 | 2026 | |
8-K 8-K 2026 N/A | March 19, 2026 | March 16, 2026 | 2026 | |
8-K 8-K 2026 N/A | February 25, 2026 | February 20, 2026 | 2026 | |
8-K 8-K 2026 N/A | February 19, 2026 | February 19, 2026 | 2026 | |
10-K 10-K 2025 FY FY | February 19, 2026 | December 31, 2025 | 2025 | |
8-K/A 8-K/A 2025 (Amended) N/A | February 17, 2026 | July 21, 2025 | 2025 | |
8-K 8-K 2025 N/A | December 19, 2025 | December 19, 2025 | 2025 |
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Research Paths
Snapshot
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Value Model
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Statements
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Earnings Call
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Dividends
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Analyst Expectations
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