Non-Current Liabilities
Long-Term Debt
Southern Company Long-Term Debt increased by 22.6% to $72.1B in Q1 2026 compared to the prior quarter. This increase may warrant attention — for this metric, lower values are generally preferred.
Analysis
StatementBalance Sheet Statement
SectionNon-Current Liabilities
CategoryLeverage
SignalLower is better
VolatilityStable
First reportedQ4 2014
Last reportedQ1 2026Apr 30, 2026
How to read this metric
High levels relative to equity indicate higher financial leverage and interest expense sensitivity.
Detailed definition
This represents the total principal amount of debt obligations with maturities extending beyond one year. It is a primar...
Peer comparison
Standard metric for assessing capital structure; utilities typically carry high debt loads due to asset-heavy business models.
Metric ID:
long_term_debtHistorical Data
8 periods
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q3 '23 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|
| Value | $50.4B | $51.9B | $52.1B | $51.6B | $52B | $53.4B | $58.8B | $72.1B |
| QoQ Change | — | +3.0% | +0.4% | -1.0% | +0.8% | +2.7% | +10.1% | +22.6% |
| YoY Change | — | — | — | — | +3.2% | +2.9% | +10.1% | — |
Range$50.4B – $72.1B
CAGR+22.7%
Avg YoY Growth+5.4%
Median YoY Growth+3.2%
Current Streak4 quarters growth
Long-Term Debt at Other Companies
Frequently Asked Questions
- What is Southern Company's long-term debt?
- Southern Company (SO) reported long-term debt of $72.1B in Q1 2026.
- What does long-term debt mean?
- The total amount of debt the company owes that is due after more than one year.