Investing

CapEx

Southern Company CapEx increased by 27.6% to $2.29B in Q3 2022 compared to the prior quarter. Year-over-year, this metric grew by 24.5%, from $1.84B to $2.29B.

Analysis

StatementCash Flow Statement
SectionInvesting
CategoryGrowth
SignalContext dependent
VolatilityModerate
First reportedQ4 2013
Last reportedQ4 2025

How to read this metric

An increase signals growth investment or infrastructure modernization; a decrease might suggest cost-cutting or a transition to an asset-light model.

Detailed definition

Funds used by a company to acquire, upgrade, and maintain physical assets such as property, plants, buildings, technolog...

Peer comparison

Hardware-focused tech firms typically have higher CapEx relative to revenue than pure software companies due to manufacturing and supply chain needs.

Metric ID: cf_capital_expenditures

Historical Data

6 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22
Value$1.71B$1.84B$2.02B$1.42B$1.79B$2.29B
QoQ Change+7.7%+9.8%-29.7%+26.4%+27.6%
YoY Change+5.2%+24.5%
Range$1.42B$2.29B
CAGR+26.5%
Avg YoY Growth+14.8%
Median YoY Growth+14.8%
Current Streak2 quarters growth

Frequently Asked Questions

What is Southern Company's capex?
Southern Company (SO) reported capex of $2.29B in Q3 2022.
How has Southern Company's capex changed year-over-year?
Southern Company's capex increased by 24.5% year-over-year, from $1.84B to $2.29B.
What does capex mean?
The money spent on long-term physical assets like machinery, data centers, and office buildings.