Skip to content

Southern Company SO SOUTHERN POWER CO — Income Tax Expense Benefit

Other segment segments

Reportable Segment
$129M+16.2%

Similar metrics at other companies

PNW
PNWRegulated Electricity Segment — Income Tax Expense (Benefit)
-$8M-367%
American Electric Power logo
AEPVertically Integrated Utilities — Income Tax Expense (Benefit)
-$2.8M-60.0%
Unitil logo
UTLElectric — Income Tax Expense Benefit
$900K+28.6%
Principal Financial Group logo
PFGSegment Corporate — Income Tax Expense Benefit
-$25.65M-21.3%
American Electric Power logo
AEPState Transcos — Income Tax Expense (Benefit)
$60M-1.6%
OTT
OTTRElectric — Income Tax Expense (Benefit)
-$5.18M-29.3%

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

See full
Operating cash flow$1.2B-1.9%
CapEx$2.9B+20.8%
Free cash flow-$1.7B-44.7%

Valuation

See full
Market cap$109.63B+5.7%
Enterprise value$183.9B
P/E19.6×
P/S3.5×-0.5×

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:IncomeTaxExpenseBenefit.

The official record: Southern Company’s 10-Q, filed April 30, 2026, on SEC EDGAR. View the filing →

Ask your AI about Southern Company's southern power co — income tax expense benefit.

Connect your AI assistant and compare segments, right in your chat.

Connect your AI
Harbor at dusk
Claude

Questions, answered.

What is Southern Company's SOUTHERN POWER CO — income tax expense benefit?
Southern Company (SO) reported SOUTHERN POWER CO — income tax expense benefit of -$70M in Q1 2026.
What does SOUTHERN POWER CO — income tax expense benefit mean?
This reflects the net income tax expense or benefit recognized by the Southern Power segment for the reporting period. It accounts for both current tax liabilities and deferred tax adjustments resulting from regulatory or legislative changes. It is a key component in determining the segment's net contribution to the parent company's bottom line.