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Southern Company SO Traditional Electric Operating Companies — Total operating revenues

Other segment segments

Reportable Segment
$3.14B+3.5%
SOUTHERN POWER CO
$681M+20.1%

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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 us-gaap:Revenues.

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 traditional electric operating companies — total operating revenues?
Southern Company (SO) reported traditional electric operating companies — total operating revenues of $5.48B in Q1 2026.
How has Southern Company's traditional electric operating companies — total operating revenues changed year-over-year?
Southern Company's traditional electric operating companies — total operating revenues increased by 3.2% year-over-year, from $5.31B to $5.48B.
What does traditional electric operating companies — total operating revenues mean?
This metric represents the total gross revenue generated by the company's core regulated electric utility operations. It reflects the income earned from the sale of electricity to residential, commercial, and industrial customers within the company's franchised service territories. As a primary revenue stream, it indicates the scale and market demand for the utility's regulated power services.