What is Southern Company's reportable segment — capex?

Southern Company (SO) reported reportable segment — capex of $2.07B in Q1 2026.

What does reportable segment — capex mean?

This represents the funds invested by the segment into property, plant, and equipment to maintain or expand utility infrastructure. It is a leading indicator of future growth and the ability to meet long-term customer demand. High capital expenditures are typical for utilities as they modernize grids and transition to cleaner energy sources.

Southern Company SO Reportable Segment — CapEx

Similar metrics at other companies

REPXReportable Segment — CapEx

$47.09M+96.2%

SREReportable Segment — CAPITAL EXPENDITURES FOR PROPERTY, PLANT AND EQUIPMENT

$486M-12.4%

DLTRReportable Segment — CapEx

$252.5M+1.5%

DXPETotal Reportable Segments — CapEx

$2.37M-9.2%

CCKTotal reportable segments — CapEx

$82M+148%

GLW

GLWTotal Reportable Segments — CapEx

$339M+46.8%

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$109.63B+5.7%

Enterprise value$183.9B—

P/E19.6×—

P/S3.5×-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:SegmentExpenditureAdditionToLongLivedAssets.

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 reportable segment — capex?: Southern Company (SO) reported reportable segment — capex of $2.07B in Q1 2026.
What does reportable segment — capex mean?: This represents the funds invested by the segment into property, plant, and equipment to maintain or expand utility infrastructure. It is a leading indicator of future growth and the ability to meet long-term customer demand. High capital expenditures are typical for utilities as they modernize grids and transition to cleaner energy sources.