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Southern Company SO Utilities Operating Expense, Maintenance and Operations

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Segments

By segment

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Reportable Segment$578M+7.8%

Other financials

Income statement

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Revenue$8.4B+8.0%
Operating income$2.0B+0.4%
Net income$1.4B+1.6%
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$106.87B+2.6%
Enterprise value$181.14B
P/E19.1×
P/S3.4×-0.4×

Profitability

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Operating margin18.7%-2.5pp
Net margin13.1%
FCF margin-5.1%

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:UtilitiesOperatingExpenseMaintenanceAndOperations.

The source filing: Southern Company’s 10-Q, filed April 30, 2026.

Filed
Apr 29, 2026, 5:37 PM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0000092122-26-000034
Line itemFor the Three Months Ended March 31, 20262025
Purchased power244250
Cost of natural gas926674
Cost of other sales181199
Other operations and maintenance1,6531,619
Depreciation and amortization1,4201,286
Taxes other than income taxes464445
Total operating expenses6,3795,765
Operating Income2,0182,010

Item 1. Financial Statements (Unaudited).

FAQ

What is Southern Company's utilities operating expense, maintenance and operations?
Southern Company (SO) reported utilities operating expense, maintenance and operations of $1.65B in Q1 2026.
How has Southern Company's utilities operating expense, maintenance and operations changed year-over-year?
Southern Company's utilities operating expense, maintenance and operations increased by 2.1% year-over-year, from $1.62B to $1.65B.

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