What is Southern Company's SOUTHERN co GAS — goodwill?

Southern Company (SO) reported SOUTHERN co GAS — goodwill of $5.02B in Q1 2026.

What does SOUTHERN co GAS — goodwill mean?

This metric represents the excess of the purchase price over the fair value of net identifiable assets acquired in business combinations related to the gas distribution segment. It is an intangible asset that reflects the premium paid for expected future economic benefits, such as market synergies or established customer bases. It is subject to periodic impairment testing to ensure its carrying value remains supported by the segment's performance.

Southern Company (SO) SOUTHERN Co GAS — Goodwill

Screener

Other segment segments

SOUTHERN POWER CO

$2M—

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MANNorthern Europe — Goodwill

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PALCompany Drivers — Goodwill

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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

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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$106.87B+2.5%

Enterprise value$181.14B—

P/E19.1×—

P/S3.4×-0.4×

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: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

Three Months Ended March 31, 2026	Electric Utilities / Traditional Electric Operating Companies / Three Months Ended March 31, 2026	Electric Utilities / Southern Power / Three Months Ended March 31, 2026	Electric Utilities / Eliminations / Three Months Ended March 31, 2026	Electric Utilities / Total	Southern Company Gas	Total Reportable Segments	All Other	Eliminations	Consolidated
Income taxes (benefit)	230	(70)	—	160	145	305	(77)	—	228
Segment net income (loss)(b)(c)(d)	$1,113	$4	—	$1,117	$447	$1,564	$(214)	$6	$1,356
At March 31, 2026
Goodwill	—	$2	—	$2	$5,015	$5,017	$144	—	$5,161
Total assets	115,965	12,474	(849)	127,590	27,551	155,141	2,684	(794)	157,031
Three Months Ended March 31, 2025
Operating revenues	$5,311	$567	$(123)	$5,755	$1,839	$7,594	$229	$(48)	$7,775
Other segment items(a)	2,794	303	(123)	2,974	1,069	4,043	208	(58)	4,193

Item 1. Financial Statements (Unaudited).

FAQ

What is Southern Company's SOUTHERN co GAS — goodwill?: Southern Company (SO) reported SOUTHERN co GAS — goodwill of $5.02B in Q1 2026.
What does SOUTHERN co GAS — goodwill mean?: This metric represents the excess of the purchase price over the fair value of net identifiable assets acquired in business combinations related to the gas distribution segment. It is an intangible asset that reflects the premium paid for expected future economic benefits, such as market synergies or established customer bases. It is subject to periodic impairment testing to ensure its carrying value remains supported by the segment's performance.