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Southern Company SO Reportable Segment — Environmental compliance expenses

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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$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 so:UtilitiesEnvironmentalComplianceExpensesECOPlanAndMRATariff.

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 — environmental compliance expenses?
Southern Company (SO) reported reportable segment — environmental compliance expenses of $4M in Q1 2026.
What does reportable segment — environmental compliance expenses mean?
This metric tracks the costs associated with meeting federal, state, and local environmental regulations, including emissions control, waste management, and remediation efforts within a specific segment. These expenses are essential for maintaining the company's license to operate and often represent a significant portion of capital and maintenance spending in the utility sector. Tracking these costs helps investors understand the financial impact of environmental policy and the company's transition toward cleaner energy sources.