Skip to content
Non-Current Assets

Accumulated Depreciation

Southern Company Accumulated Depreciation increased by 3.9% to $45.19B in Q1 2026 compared to the prior quarter. Over 3 years (FY 2020 to FY 2025), Accumulated Depreciation shows an upward trend with a 10.3% CAGR.

Analysis

StatementBalance Sheet Statement
SectionNon-Current Assets
CategoryCapital Allocation
SignalContext dependent
VolatilityStable
First reportedQ4 2014
Last reportedQ1 2026Apr 30, 2026
Parent metricPP&E (Net)

How to read this metric

A high ratio of accumulated depreciation to gross PPE suggests the need for future capital investment to replace aging infrastructure.

Detailed definition

This represents the cumulative amount of depreciation expense charged against property, plant, and equipment since acqui...

Peer comparison

Standard metric for capital-intensive utilities; peers with newer infrastructure will have lower ratios.

Metric ID: ppe_accumulated_depreciation

Historical Data

10 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q3 '23Q4 '25Q1 '26
Value$33.24B$33.72B$34.08B$34.65B$35.2B$34.92B$35.3B$37.2B$43.48B$45.19B
QoQ Change+1.5%+1.1%+1.7%+1.6%-0.8%+1.1%+5.4%+16.9%+3.9%
YoY Change+5.9%+3.6%+3.6%+6.5%
% of PP&E (Net)37.1%37.1%37.4%37.7%37.9%37.3%37.3%37.9%38.0%38.9%
Share Change+0.0pp+0.3pp+0.3pp+0.2pp-0.6pp-0.0pp+0.5pp+0.2pp+0.9pp
Range$33.24B$45.19B
CAGR+14.6%
Avg YoY Growth+4.9%
Median YoY Growth+4.7%
Current Streak4 quarters growth

Frequently Asked Questions

What is Southern Company's accumulated depreciation?
Southern Company (SO) reported accumulated depreciation of $45.19B in Q1 2026.
What is the long-term trend for Southern Company's accumulated depreciation?
Over 3 years (2020 to 2025), Southern Company's accumulated depreciation has grown at a 10.3% compound annual growth rate (CAGR), from $32.4B to $43.48B.
What does accumulated depreciation mean?
The total depreciation recorded for the company's physical assets over their lifetime.