What does gas distribution operations — goodwill mean?

This represents the excess of the purchase price over the fair value of identifiable net assets acquired in business combinations specifically related to the gas distribution segment. It reflects the premium paid for expected synergies, market presence, and customer base within the utility's natural gas service territories.

Southern Company (SO) Gas distribution operations — Goodwill

Screener

Other segment segments

SOUTHERN POWER CO

$2M—

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SNXAmericas distribution — Goodwill

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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:Goodwill.

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 item	Goodwill	Goodwill
Southern Company	$	$5,161
Southern Company Gas:
Gas distribution operations	$	$4,034
Gas marketing services	981
Southern Company Gas total	$	$5,015

Item 1. Financial Statements (Unaudited).

FAQ

What is Southern Company's gas distribution operations — goodwill?: Southern Company (SO) reported gas distribution operations — goodwill of $4.03B in Q1 2026.
What does gas distribution operations — goodwill mean?: This represents the excess of the purchase price over the fair value of identifiable net assets acquired in business combinations specifically related to the gas distribution segment. It reflects the premium paid for expected synergies, market presence, and customer base within the utility's natural gas service territories.