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Southern Company SO Pension Expense

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-$1.13M+26.0%

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$107.1B+2.8%
Enterprise value$181.37B
P/E19.2×
P/S3.4×-0.5×

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:PensionAndOtherPostretirementBenefitExpense.

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, 2026For the Three Months Ended March 31, 2025
Depreciation and amortization, total1,5801,411
Deferred income taxes168351
Allowance for equity funds used during construction(121)(73)
Pension, postretirement, and other employee benefits(149)(149)
Settlement of asset retirement obligations(133)(134)
Stock based compensation expense9790
Storm damage cost recovery – long-term(93)(173)
Other, net(25)(1)

Item 1. Financial Statements (Unaudited).

FAQ

What is Southern Company's pension expense?
Southern Company (SO) reported pension expense of -$149M in Q1 2026.
How has Southern Company's pension expense changed year-over-year?
Southern Company's pension expense decreased by 0.0% year-over-year, from -$149M to -$149M.
What does pension expense mean?
Non-cash pension and postretirement benefit expense that exceeds or falls short of cash contributions to the plans.

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