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Southern Company SO Payments for Removal Costs

Payments for Removal Costs at other companies

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FirstEnergyFE
$117M+39.3%

Other financials

Income statement

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Revenue$8.4B+8.0%
Operating income$2.0B+0.4%
Net income$1.4B+1.7%
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

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Market cap$104.94B+7.1%
Enterprise value$179.21B
P/E18.8×
P/S3.3×-0.4×

Profitability

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Operating margin18.7%-2.5pp
Net margin13.1%

Returns & leverage

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Return on equity9%
Debt / equity1.9×
Current ratio0.7×

Where this comes from

Reported directly by Southern Company in its filing.

Tagged under the XBRL concept us-gaap:PaymentsForRemovalCosts.

The official record: Southern Company’s 10-Q, filed April 30, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Southern Company's payments for removal costs?
Southern Company (SO) reported payments for removal costs of $166M in Q1 2026.
How has Southern Company's payments for removal costs changed year-over-year?
Southern Company's payments for removal costs decreased by 1.2% year-over-year, from $168M to $166M.
What does payments for removal costs mean?
Cash spent to dismantle or remove retired assets.
How do you interpret payments for removal costs?
Higher payments reflect active decommissioning cycles, which may be planned, whereas lower payments suggest deferred maintenance or a stable asset base.
How does payments for removal costs compare across companies?
Standard in capital-intensive industries like utilities and energy under 'Asset Retirement Obligations' or 'Decommissioning costs'.