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The Southern Company SO SPX

Utilities · Utilities - Regulated Electric · United States
https://www.southerncompany.com
Company Profile ↓
$94.60
+5.41% 1Y
Mkt Cap$106.64B
P/E24.19
P/B2.90
Div. Yield3.17%
52W High$98.30
52W Low$82.74
Book Value$32.93
EPS (TTM)$3.91

Company Overview

The Southern Company, through its subsidiaries, engages in the sale of electricity. The company offers electric service to retail customers and wholesale customers; and energy-related products and services to natural gas choice markets. It also develops, constructs, acquires, owns, operates, and manages power generation assets, as well as battery energy storage projects; sells electricity at market-based rates in the wholesale market; and deploys microgrids for commercial, industrial, governmental, and utility customers. In addition, the company is involved in the distribution of natural gas in Illinois, Georgia, Virginia, and Tennessee; distributes energy and resilience solutions; and invests in telecommunications. The Southern Company was incorporated in 1945 and is headquartered in Atlanta, Georgia.

Why Investors Should Care

Healthy Margins

Operating margin of 25.8% supports profitability.

Dividend Income

Offers a dividend yield of 3.17%.

Recent Developments

  • Dec 2025 Revenue of $29.55B (+10.6% YoY); net profit $4.34B.
  • Trailing 12 Months Year-on-year growth — revenue +8.0%, earnings -0.8%.
  • 5-Year Trend Long-term compounding — revenue CAGR 3.7%, profit CAGR 5.2%.

Growth & Price Performance

Compounded Sales Growth

5 Years:3.71%
1 Year:8.00%

Compounded Profit Growth

5 Years:5.23%
1 Year:-0.80%

Stock Price Performance

1 Year:+5.41%
6 Months:+10.83%
3 Months:-0.60%
1 Month:+0.64%

Highlights auto-generated from reported financials and price data; not investment advice. Verify with official filings before acting.

Technical Snapshot Bullish
52-Week Range 76% of range
$82.74 $98.30
Trend Signals
  • Price vs 50-DMAAbove
  • Price vs 200-DMAAbove
  • RSI (14)48.15 · Neutral
Price Performance
1M+0.64%
3M-0.60%
6M+10.83%
1Y+5.41%
Valuation vs Sector

P/E of 24.19 is above the sector median of 21.68 — pricier than peers.

Auto-generated from price history and fundamentals; not investment advice.

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Price Chart

Robinhood TradingView

Fundamental Growth Charts

Interactive charts for Revenue, Net Income, EBITDA, Free Cash Flow, EPS, ROE, ROCE, Gross/Net/Operating Margin and more — switch metric and period using the dropdowns above. CAGR is computed across the displayed window (quarterly CAGR is annualised). Visual growth charts make it easy to spot multi-year compounding trends at a glance — far faster than reading raw numbers in a table.

PROS

  • Attractive dividend yield of 3.17%.
  • In a confirmed uptrend (50-DMA above 200-DMA).

CONS

No notable concerns flagged.

* The pros and cons are auto-generated from financial metrics.

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Valuation

Stock P/E
24.19
Industry PE
21.68
Forward P/E
19.24
PEG Ratio
2.58
Book Value
$32.93
Price to Book
2.90
P/S
3.56
EV/EBITDA
13.31
Dividend Yield
3.17%

Growth (CAGR)

Revenue 5Y
3.71%
Profit 5Y
5.23%
Revenue (YoY)
8.00%
Earnings (YoY)
-0.80%

Profitability & Returns

ROCE
5.25%
ROE
10.99%
ROA
3.24%
Profit Margin
14.46%
Op Margin
25.82%
Gross Margin
48.00%
EPS (Latest Qtr)
$1.20
EPS (TTM)
$3.91

Balance Sheet & Liquidity

Debt/Equity
1.90
Quick Ratio
0.32
Current Ratio
0.65
Debt
$76.00B
Total Assets
$157.03B
Current Assets
-
Working Capital
-

Ownership

Promoter Holding
0.10%
Chg in Prom Hold
-
FII / Inst Holding
72.55%
Chg in FII Hold
-0.01%

Financial Snapshot

Enterprise Value
$106.64B
Total Revenue (TTM)
$30.18B
EBITDA
$13.97B
Free Cash Flow
$-3.95B
Operating Cash Flow
$9.78B
Shares Outstanding
1.13B
Gross Margin
48.00%
Payout Ratio
75.70%

Peer comparison

Peer companies in the same sector (Utilities).

#NameCMP $P/E Mkt CapDiv Yld % ROCE %ROE % Rev CAGR 5Y %Profit CAGR 5Y %
1 SO The Southern Company SPX 94.60 24.19 $106.64B 3.17% 5.25% 10.99% 3.71% 5.23%
2 NEE NextEra Energy, Inc. SPX 89.10 22.61 $185.83B 2.78% 4.36% 10.32% 4.12% 8.76%
3 DUK Duke Energy Corporation SPX 124.34 19.22 $96.93B 3.36% 4.94% 9.66% 5.53% 6.88%
4 CEG Constellation Energy Corporation NDXSPXAI 258.12 22.52 $92.18B 0.66% 6.26% 16.10% 5.18% 31.53%
5 AEP American Electric Power Company, Inc. NDXSPX 132.50 19.60 $72.09B 2.94% 5.68% 12.58% 3.66% 15.77%
6 D Dominion Energy, Inc. SPX 70.97 20.75 $62.42B 3.77% 4.19% 9.79% 0.61% 0.93%
7 SRE Sempra SPX 92.78 31.56 $60.65B 2.82% 3.46% 5.69% 3.05% 3.18%
8 VST Vistra Corp. SPXAI 160.23 26.79 $54.03B 0.61% 7.08% 42.90% 8.92% 58.98%
9 ETR Entergy Corporation SPX 114.24 28.99 $53.30B 2.22% 5.00% 10.75% 1.44% 2.17%
Financial Statements Quarterly Results · Profit & Loss · Balance Sheet · Cash Flows · Ratios

Quarterly Results

Figures in USD.

Metric Dec 2014Mar 2015Jun 2015Sep 2015Dec 2015Mar 2016Jun 2016Sep 2016Dec 2016Mar 2017Jun 2017Sep 2017Dec 2017Mar 2018Jun 2018Sep 2018Dec 2018Mar 2019Jun 2019Sep 2019Dec 2019Mar 2020Jun 2020Sep 2020Mar 2021Jun 2021Sep 2021Mar 2022Jun 2022Sep 2022Mar 2023Jun 2023Sep 2023Mar 2024Jun 2024Sep 2024Mar 2025Jun 2025Sep 2025Mar 2026
Revenue 4.02B4.18B4.34B5.40B3.57B3.99B4.46B6.26B5.18B5.77B5.43B6.20B5.63B6.37B5.63B6.16B5.34B5.41B5.10B6.00B4.91B5.02B4.62B5.62B5.91B5.20B6.24B6.65B7.21B8.38B6.48B5.75B6.98B6.65B6.46B7.27B7.78B6.97B7.82B8.40B
Operating Income 561.00M957.00M1.10B1.65B578.00M940.00M1.19B1.92B587.00M1.25B-1.65B1.99B739.00M1.38B63.00M2.17B578.00M3.69B1.34B2.01B690.00M1.26B1.06B1.83B1.60B708.00M1.72B1.38B1.66B2.19B1.22B1.29B2.11B1.70B1.94B2.37B2.01B1.76B2.59B2.02B
Net Income ---------658.00M-1.38B1.07B496.00M938.00M-154.00M1.16B278.00M2.08B899.00M1.32B440.00M-612.00M1.25B-372.00M1.10B-1.11B1.47B----1.20B1.53B1.33B880.00M1.71B1.36B
Diluted EPS 0.310.560.691.050.300.530.661.170.200.66-1.371.060.490.92-0.151.130.271.990.851.250.420.810.581.181.060.351.030.971.031.350.790.761.291.031.091.391.210.791.541.20

Profit & Loss (Annual)

Figures in USD.

Metric Dec 2007Dec 2008Dec 2009Dec 2010Dec 2011Dec 2012Dec 2013Dec 2014Dec 2015Dec 2016Dec 2017Dec 2018Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024Dec 2025
Revenue 15.35B17.13B15.74B17.46B17.66B16.54B17.09B18.47B17.49B19.90B23.03B23.50B21.42B20.38B23.11B29.28B25.25B26.72B29.55B
Operating Income 3.33B3.51B3.27B3.80B4.23B4.46B3.25B3.64B4.28B4.49B2.33B4.19B7.74B4.88B3.70B5.37B5.83B7.07B7.29B
Net Income 1.73B1.74B1.64B1.98B2.20B2.35B1.64B1.96B2.37B2.45B842.00M2.23B4.74B3.12B2.39B3.52B3.98B4.40B4.34B
Diluted EPS 2.282.252.062.362.552.671.872.182.592.550.842.174.502.932.243.263.623.993.92

Balance Sheet (Annual)

Figures in USD.

Metric Dec 2006Dec 2007Dec 2008Dec 2009Dec 2010Dec 2011Dec 2012Dec 2013Dec 2014Dec 2015Jun 2016Dec 2016Dec 2017Dec 2018Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024Dec 2025
Total Assets --48.35B52.05B55.03B59.27B63.15B64.26B70.23B78.32B-109.70B111.00B116.91B118.70B122.94B127.53B134.89B139.33B145.18B155.72B
Total Equity 11.62B13.09B13.98B15.59B16.91B18.29B18.30B19.01B19.95B20.59B8.00B24.76B24.17B24.72B27.50B27.97B27.87B30.41B31.44B33.21B36.02B
Cash & Equivalents 167.00M201.00M417.00M690.00M447.00M1.31B628.00M659.00M710.00M1.40B-1.98B2.13B1.40B1.98B1.06B1.80B1.92B748.00M1.07B1.64B
Total Liabilities --33.99B36.09B37.75B40.61B43.77B44.41B48.89B56.17B-82.80B85.15B87.58B86.65B90.41B94.97B100.36B104.11B108.51B116.85B
Current Liabilities --5.23B5.58B6.47B6.58B7.01B5.53B8.96B9.13B-12.92B13.59B14.29B12.55B12.08B10.92B15.72B13.47B15.99B16.89B

Cash Flows (Annual)

Figures in USD.

Metric Dec 2007Dec 2008Dec 2009Dec 2010Dec 2011Dec 2012Dec 2013Dec 2014Dec 2015Dec 2016Dec 2017Dec 2018Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024Dec 2025
Operating Cash Flow 3.43B3.46B3.26B3.99B5.90B4.90B6.10B5.82B6.27B4.89B6.39B6.95B5.78B6.70B6.17B6.30B7.55B9.79B9.80B
Investing Cash Flow -3.71B-4.13B-4.32B-4.26B-4.18B-5.17B-5.74B-6.41B-7.28B-20.05B-7.19B-5.76B-3.39B-7.03B-7.35B-8.43B-9.67B-9.40B-13.96B
Financing Cash Flow 309.00M878.00M1.33B22.00M-852.00M-417.00M-324.00M644.00M1.70B15.72B951.00M-1.81B-1.93B-576.00M1.95B2.34B999.00M-208.00M4.70B
Capital Expenditure -3.55B-3.96B-4.67B-4.09B-4.53B-4.81B-5.33B-5.25B-5.67B-7.31B-7.42B-8.00B-7.55B-7.52B-7.59B-7.92B-9.10B-8.96B-12.74B
Free Cash Flow -112.00M-497.00M-1.41B-95.00M1.38B89.00M766.00M569.00M600.00M-2.42B-1.03B-1.06B-1.77B-826.00M-1.42B-1.62B-1.54B833.00M-2.94B
Share Buybacks ---00430.00M20.00M5.00M115.00M00--------

Ratios (Annual)

Figures in %.

Metric Dec 2007Dec 2008Dec 2009Dec 2010Dec 2011Dec 2012Dec 2013Dec 2014Dec 2015Dec 2016Dec 2017Dec 2018Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024Dec 2025
Gross Margin % -------------------
Operating Margin % 21.7%20.5%20.8%21.8%24.0%27.0%19.0%19.7%24.5%22.5%10.1%17.8%36.1%24.0%16.0%18.3%23.1%26.4%24.7%
Net Margin % 11.3%10.2%10.4%11.3%12.5%14.2%9.6%10.6%13.5%12.3%3.7%9.5%22.1%15.3%10.4%12.0%15.7%16.5%14.7%
ROE % 13.2%12.5%10.5%11.7%12.0%12.8%8.6%9.8%11.5%9.9%3.5%9.0%17.2%11.2%8.6%11.6%12.6%13.3%12.1%
ROCE % -8.1%7.0%7.8%8.0%8.0%5.5%5.9%6.2%4.6%2.4%4.1%7.3%4.4%3.2%4.5%4.6%5.5%5.2%

Shareholding Pattern

Insiders
0.10%
Institutions
72.55%
Public Float
72.62%

Top Institutional Holders

#Holder% HeldSharesValue
1 Blackrock Inc. 8.02% 90.37M $8.62B
2 Vanguard Capital Management LLC 6.35% 71.54M $6.82B
3 State Street Corporation 5.59% 62.98M $6.00B
4 Capital World Investors 4.99% 56.24M $5.36B
5 JPMORGAN CHASE & CO 3.84% 43.34M $4.13B
6 Price (T.Rowe) Associates Inc 3.23% 36.43M $3.47B
7 Geode Capital Management, LLC 2.52% 28.36M $2.70B
8 Vanguard Portfolio Management LLC 2.32% 26.14M $2.49B
9 FMR, LLC 2.03% 22.89M $2.18B
10 Franklin Resources, Inc. 1.49% 16.81M $1.60B

Analyst View

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Latest News

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SO — Frequently Asked Questions

What is the current share price of The Southern Company (SO)?

As of 2026-07-15 16:51 PDT, The Southern Company (SO) trades at $94.60 on NYSE. Its 52-week range is $82.74 to $98.30.

What is the market capitalisation of SO?

The Southern Company (SO) has a market capitalisation of $106.64B on NYSE.

What is the P/E ratio of SO?

SO trades at a trailing price-to-earnings (P/E) ratio of 24.19. The industry average P/E is 21.68. Its price-to-book (P/B) ratio is 2.90.

Does SO pay a dividend?

The Southern Company (SO) currently offers a dividend yield of 3.17%.

What is the return on equity (ROE) of SO?

SO has a return on equity (ROE) of 10.99%. Its return on capital employed (ROCE) is 5.25%.

Is SO a good stock to buy?

This page provides a data-driven analysis of The Southern Company (SO), including valuation ratios, profitability, growth trends, auto-generated pros and cons, peer comparison and AI exposure. Review these fundamentals alongside your own research and risk tolerance. This is informational content, not investment advice.

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