What is Southern Company's pp&e (net)?

Southern Company (SO) reported pp&e (net) of $98.25B in Q3 2023.

How has Southern Company's pp&e (net) changed year-over-year?

Southern Company's pp&e (net) increased by 5.1% year-over-year, from $93.53B to $98.25B.

What is the long-term trend for Southern Company's pp&e (net)?

Over 2 years (2020 to 2022), Southern Company's pp&e (net) has grown at a 3.9% compound annual growth rate (CAGR), from $87.63B to $94.57B.

What does pp&e (net) mean?

The value of the company's physical buildings, machinery, and equipment after accounting for wear and tear.

Non-Current Assets

PP&E (Net)

Southern Company PP&E (Net) increased by 3.9% to $98.25B in Q3 2023 compared to the prior quarter. Year-over-year, this metric grew by 5.1%, from $93.53B to $98.25B. Over 2 years (FY 2020 to FY 2022), PP&E (Net) shows relatively stable performance with a 3.9% CAGR.

Analysis

StatementBalance Sheet Statement

SectionNon-Current Assets

CategoryCapital Allocation

SignalContext dependent

VolatilityStable

First reportedQ3 2015

Last reportedQ4 2025

How to read this metric

An increase indicates investment in future capacity or infrastructure, while a decrease suggests asset aging or a shift toward an asset-light model.

Detailed definition

The book value of long-term physical assets such as manufacturing facilities, data centers, and retail stores, net of ac...

Peer comparison

Varies significantly based on whether a company owns its manufacturing plants or outsources production to third-party partners.

Metric ID: property_plant_equipment_net

Historical Data

8 periods

	Q2 '21	Q3 '21	Q4 '21	Q1 '22	Q2 '22	Q3 '22	Q4 '22	Q3 '23
Value	$89.62B	$90.86B	$91.11B	$91.79B	$92.82B	$93.53B	$94.57B	$98.25B
QoQ Change	—	+1.4%	+0.3%	+0.7%	+1.1%	+0.8%	+1.1%	+3.9%
YoY Change	—	—	—	—	+3.6%	+2.9%	+3.8%	+5.1%

Range$89.62B – $98.25B

CAGR+5.4%

Avg YoY Growth+3.8%

Median YoY Growth+3.7%

Current Streak7+ quarters growth

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Frequently Asked Questions

What is Southern Company's pp&e (net)?: Southern Company (SO) reported pp&e (net) of $98.25B in Q3 2023.
How has Southern Company's pp&e (net) changed year-over-year?: Southern Company's pp&e (net) increased by 5.1% year-over-year, from $93.53B to $98.25B.
What is the long-term trend for Southern Company's pp&e (net)?: Over 2 years (2020 to 2022), Southern Company's pp&e (net) has grown at a 3.9% compound annual growth rate (CAGR), from $87.63B to $94.57B.
What does pp&e (net) mean?: The value of the company's physical buildings, machinery, and equipment after accounting for wear and tear.