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Southern Company

SO

Southern Company is a leading energy holding company that operates as a vertically integrated utility provider across the Southeastern United States.

Market cap
$108.65B+7.9%
Revenue$31.5B+21.9%
Net income$5.6B+56.7%
Free cash flow-$3.6B-188%
EPS (diluted)$5.05+45.5%
Trailing twelve months · change vs. prior year

Earnings

Next report

Jul 30, 2026 (In 2 weeks)
Revenue estimate$7.2B
EPS estimate$1.00

Financials

Q1 2026

Income statement

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Revenue$8.4B+8.0%
Operating income$2.0B+0.4%
Net income$1.4B+1.6%
EPS (diluted)$1.20-0.8%

Balance sheet

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Cash & equivalents$987.0M-57.7%
Total debt$75.3B
Total equity$39.9B+7.2%
Total assets$157.03B

Cash flow

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Operating cash flow$1.2B-1.9%
CapEx$2.9B+20.8%
Free cash flow-$1.7B-44.7%

Valuation & ratios

Valuation

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Market cap$108.65B+7.9%
Enterprise value$182.92B
P/E19.4×
P/S3.5×

Returns & leverage

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Debt / equity1.9×
Current ratio0.7×

Segments

By product

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Residential$2.0B-3.0%
Commercial$1.7B+3.2%
Industrial$942.0M+3.0%
PPA energy revenues$496.0M+19.5%
Transportation$440.0M+8.4%

By segment

See full
Reportable Segment$3.1B+3.5%
SOUTHERN POWER CO$681.0M+20.1%

Competitors

Profile

Southern Company is a leading energy holding company that operates as a vertically integrated utility provider across the Southeastern United States. The company specializes in the generation, transmission, and distribution of electricity and the retail distribution of natural gas. Its core value proposition centers on providing regulated, cost-effective energy solutions through a mix of traditional utilities, competitive wholesale power generation, and natural gas infrastructure.

Competitive position

One of the largest energy providers in the U.S. with a dominant regulated footprint in the Southeast and a growing national wholesale renewable portfolio.

GeographiesAlabama, Georgia, Mississippi, Illinois, Virginia, Tennessee, South Dakota
Customer segmentsRetail Consumers, Commercial Enterprises, Industrial Manufacturers, Governmental Entities
Business modelRegulated Utility, Wholesale Energy Production, Infrastructure Investment
SuppliersFuel suppliers (Natural gas, Coal, Nuclear fuel), Power plant equipment manufacturers, Construction engineering firms, Renewable energy technology providers
CustomersResidential households, Commercial businesses, Industrial manufacturing plants, Municipal utility districts
Listed1949
Employees28.1K
CEOChristopher C. Womack
SectorUtilities
FilingsSEC EDGAR

Questions, answered.

What is Southern Company's market cap?
Southern Company (SO) has a market capitalization of $108.65B and trades on NYSE.
What is Southern Company's revenue and profitability?
Southern Company generated $31.5B in trailing twelve-month revenue with net income of $5.6B, representing a net margin of 13.1%, with free cash flow of -$3.6B. These figures are based on the Q1 2026 filing.
Who are Southern Company's competitors?
Southern Company's key competitors include Entergy, Duke Energy, NextEra Energy, and others. These companies compete in similar markets and product categories.
Who does Southern Company partner with?
Southern Company's notable partners include Invenergy Renewables LLC, Williams Field Services Group, Department of Energy.
What subsidiaries does Southern Company have?
Southern Company's subsidiaries include Alabama Power, Georgia Power, Mississippi Power, and others.
Where is Southern Company headquartered?
Southern Company is headquartered in United States of America and employs approximately 28,100 people. It has been publicly traded since 1949.