Non-Current Assets
Prepaid pension costs
Southern Company Prepaid pension costs increased by 3.4% to $3.37B in Q1 2026 compared to the prior quarter. This is a positive signal — higher values indicate stronger performance for this metric.
Analysis
StatementBalance Sheet Statement
SectionNon-Current Assets
CategoryRisk
SignalHigher is better
VolatilityModerate
First reportedQ4 2020
Last reportedQ1 2026Apr 30, 2026
How to read this metric
An increase indicates a stronger pension funding position, while a decrease suggests market volatility or increased benefit obligations.
Detailed definition
This represents the amount by which the fair value of pension plan assets exceeds the projected benefit obligation. It i...
Peer comparison
Common for mature companies with legacy defined benefit pension plans.
Metric ID:
non_current_assets_prepaid_pension_costsHistorical Data
8 periods
| Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q3 '23 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|
| Value | $1.66B | $1.77B | $1.89B | $2.02B | $2.29B | $2.57B | $3.26B | $3.37B |
| QoQ Change | — | +6.9% | +6.8% | +6.7% | +13.4% | +12.4% | +26.5% | +3.4% |
| YoY Change | — | — | — | — | +38.2% | +27.5% | — | — |
Range$1.66B – $3.37B
CAGR+50.0%
Avg YoY Growth+32.8%
Median YoY Growth+32.8%
Current Streak7+ quarters growth
Prepaid pension costs at Other Companies
Frequently Asked Questions
- What is Southern Company's prepaid pension costs?
- Southern Company (SO) reported prepaid pension costs of $3.37B in Q1 2026.
- What does prepaid pension costs mean?
- The value of pension funds that exceed the amount currently owed to retirees.