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Southern Company SO SOUTHERN Co GAS — Income taxes (benefit)

Other segment segments

Reportable Segment
$129M+16.2%
SOUTHERN POWER CO
-$70M-6,900%

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365,000,000%+65,000,000pp

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$107.89B+11.1%
Enterprise value$182.16B
P/E19.3×
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:IncomeTaxExpenseBenefit.

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 SOUTHERN co GAS — income taxes (benefit)?
Southern Company (SO) reported SOUTHERN co GAS — income taxes (benefit) of $145M in Q1 2026.
What does SOUTHERN co GAS — income taxes (benefit) mean?
This metric reflects the income tax expense or benefit recognized by the gas segment for financial reporting purposes. It accounts for current and deferred tax liabilities and assets, influenced by regulatory tax treatment and capital investment incentives. It is a critical component in determining the segment's net contribution to the parent company's bottom line.