Other Income & Expense
Allowance for equity funds used during construction
Southern Company Allowance for equity funds used during construction increased by 65.8% to $121.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 65.8%, from $73.00M to $121.00M. This decline may warrant attention — for this metric, higher values are generally preferred.
Analysis
StatementIncome Statement
SectionOther Income & Expense
CategoryCapital Allocation
SignalHigher is better
VolatilityModerate
First reportedQ1 2013
Last reportedQ1 2026Apr 30, 2026
How to read this metric
An increase indicates higher levels of capital investment in long-term infrastructure projects that are not yet operational.
Detailed definition
This represents the non-cash equity component of the Allowance for Funds Used During Construction (AFUDC). It reflects t...
Peer comparison
Standard across regulated utilities; peers with aggressive infrastructure expansion will show higher values.
Metric ID:
nee_allowance_for_equity_funds_used_during_constructionHistorical Data
7 periods
| Q2 '21 | Q3 '21 | Q2 '22 | Q3 '22 | Q3 '23 | Q1 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|
| Value | $45.00M | $49.00M | $53.00M | $59.00M | $66.00M | $73.00M | $121.00M |
| QoQ Change | — | +8.9% | +8.2% | +11.3% | +11.9% | +10.6% | +65.8% |
| YoY Change | — | — | +17.8% | +20.4% | +11.9% | — | +65.8% |
Range$45.00M – $121.00M
CAGR+93.4%
Avg YoY Growth+29.0%
Median YoY Growth+19.1%
Current Streak6+ quarters growth
Allowance for equity funds used during construction at Other Companies
Frequently Asked Questions
- What is Southern Company's allowance for equity funds used during construction?
- Southern Company (SO) reported allowance for equity funds used during construction of $121.00M in Q1 2026.
- How has Southern Company's allowance for equity funds used during construction changed year-over-year?
- Southern Company's allowance for equity funds used during construction increased by 65.8% year-over-year, from $73.00M to $121.00M.
- What does allowance for equity funds used during construction mean?
- The non-cash portion of financing costs attributed to equity used for construction projects.