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Southern Company SO Construction work in progress

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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$107.1B+2.8%
Enterprise value$181.37B
P/E19.2×
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:PublicUtilitiesPropertyPlantAndEquipmentConstructionWorkInProgress.

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
AssetsAt March 31, 2026At December 31, 2025
Plant in service, net of depreciation103,900102,631
Other utility plant, net307
Nuclear fuel, at amortized cost920897
Construction work in progress11,28210,534
Total property, plant, and equipment116,102114,369
Other Property and Investments:
Goodwill5,1615,161
Nuclear decommissioning trusts, at fair value2,8882,947

Item 1. Financial Statements (Unaudited).

FAQ

What is Southern Company's construction work in progress?
Southern Company (SO) reported construction work in progress of $11.28B in Q1 2026.

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