Operating
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.
Analysis
StatementCash Flow Statement
SectionOperating
CategoryGrowth
SignalContext dependent
VolatilityModerate
First reportedQ2 2015
Last reportedQ1 2026
How to read this metric
An increase indicates significant ongoing capital projects, signaling future rate base growth, though it does not represent immediate cash inflow.
Detailed definition
Allowance for Funds Used During Construction (AFUDC) represents the cost of debt and equity capital used to finance the...
Peer comparison
Specific to rate-regulated utilities; peers with large construction projects will show similar line items.
Metric ID:
afudcHistorical Data
9 periods
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q3 '23 | Q1 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|
| Value | $45.00M | $49.00M | $50.00M | $51.00M | $53.00M | $59.00M | $66.00M | $73.00M | $121.00M |
| QoQ Change | — | +8.9% | +2.0% | +2.0% | +3.9% | +11.3% | +11.9% | +10.6% | +65.8% |
| YoY Change | — | — | — | — | +17.8% | +20.4% | +11.9% | — | +65.8% |
Range$45.00M – $121.00M
CAGR+64.0%
Avg YoY Growth+29.0%
Median YoY Growth+19.1%
Current Streak8+ 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?
- Non-cash income recognized for the cost of capital used to build utility infrastructure.