What is Southern Company's PP&E (net)?

Southern Company (SO) reported PP&E (net) of $116.1B in Q1 2026.

What is the long-term trend for Southern Company's PP&E (net)?

Over 3 years (2020 to 2025), Southern Company's PP&E (net) has grown at a 9.3% compound annual growth rate (CAGR), from $87.63B to $114.37B.

What does PP&E (net) mean?

Total property, plant, and equipment minus accumulated depreciation — the net book value of all tangible long-lived assets.

Southern Company SO PP&E (Net)

PP&E (Net) at other companies

Dominion EnergyD

$80.21B+12.7%

Nextra EnergyNEE

$170.45B+17.0%

SpireSR

$557.1M-2.9%

BKH

Black HillsBKH

$8.39B+8.7%

Xcel EnergyXEL

$67.81B+15.3%

Portland General ElectricPOR

$11.1B+5.4%

Other financials

Income statement

See full

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

See full

Cash & equivalents$987.0M-57.7%

Total debt$75.3B—

Total equity$39.9B+7.2%

Total assets$157.03B—

Cash flow

See full

Operating cash flow$1.2B-1.9%

CapEx$2.9B+20.8%

Free cash flow-$1.7B-44.7%

Valuation

See full

Market cap$108.28B+3.7%

Enterprise value$182.55B—

P/E19.4×—

P/S3.4×-0.5×

Profitability

See full

Operating margin18.7%-2.5pp

Net margin13.1%—

FCF margin-5.1%—

Returns & leverage

See full

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:PublicUtilitiesPropertyPlantAndEquipmentNet.

The official record: Southern Company’s 10-Q, filed April 30, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Southern Company's PP&E (net)?: Southern Company (SO) reported PP&E (net) of $116.1B in Q1 2026.
What is the long-term trend for Southern Company's PP&E (net)?: Over 3 years (2020 to 2025), Southern Company's PP&E (net) has grown at a 9.3% compound annual growth rate (CAGR), from $87.63B to $114.37B.
What does PP&E (net) mean?: Total property, plant, and equipment minus accumulated depreciation — the net book value of all tangible long-lived assets.