OakChart

Southern Company

SOUtilities·Utilities - Regulated Electric·USA·Large·NYSE·Nov 11 • 12:23 PM ET

93.15-0.50 (-0.53%)
2026-11-11 18:23 CET
Market cap
107,731.21 USD m
Revenue, TTM
31,198.00 USD m
Net income, TTM
4,992.00 USD m
Free cash flow, TTM
-4,739.00 USD m
EPS diluted, TTM
4.37
P/E
21.33
Compare

Price

SO against its 20, 50 and 200-day averages
2050200beat
85.0090.0095.00100.0010.2M20.4MMay 26Jun 26Jul 26Aug 26Sep 26Oct 26Nov 26SOclose 93.1620-day 92.4250-day 88.49200-day 92.6393.1652w high52w low

6.5% under the 52-week high of 99.58 on 17 Mar 2026. 52-week low 81.69 on 29 Sep 2026. Last 15 sessions, 5.9% high to low

Profile

SO
52-week range, 64% of the way up
81.6999.58

The Southern Co is a holding company, which engages in the generation and sale of electricity. It operates through the following segments: Traditional Electric Operating Companies, Southern Power, and Southern Company Gas. The Traditional Electric Operating Companies segment refers to vertically integrated utilities that own generation, transmission and distribution facilities, and supplies electric services in the states of Alabama, Georgia, Florida, and Mississippi. The Southern Power segment constructs, acquires, owns, and manages generation assets such as renewable energy projects and sells electricity in the wholesale market. The Southern Company Gas segment distributes natural gas through natural gas distribution facilities in the states of Illinois, Georgia, Virginia, New Jersey, Florida, Tennessee, and Maryland. The company was founded on November 9, 1945, and is headquartered in Atlanta, GA.

IndexS&P 500, RUI
Employees29800
IPOSep 30, 1949
Beta0.29
ATR, 14d1.79
Rel volume0.35
Short float2.64%
Insider own0.11%
Inst own74.85%

Snapshot

6 groups

Valuation

IndexS&P 500, RUI
Market Cap107.16B
Enterprise Value183.66B
Income4.99B
Sales31.20B
Book/sh36.12
Cash/sh1.52
Dividend Est.3.04 (3.26%)
Dividend TTM3.00 (3.22%)
Dividend Ex-DateNov 16, 2026
Dividend Gr. 3/5Y2.88% 2.97%
Payout75.11%
Employees29800
IPOSep 30, 1949

Ratios

P/E21.33
Forward P/E18.85
PEG2.40
P/S3.43
P/B2.58
P/C61.41
P/FCF-
EV/EBITDA13.01
EV/Sales5.89
Quick Ratio0.59
Current Ratio0.84
Debt/Eq1.80
LT Debt/Eq1.68
Option/ShortYes / Yes

Earnings

EPS (ttm)4.37
EPS next Y4.94
EPS next Q0.40
EPS this Y7.84%
EPS next Y6.56%
EPS next 5Y7.86%
EPS past 3/5Y6.29% 6.75%
Sales past 3/5Y0.30% 7.86%
EPS Y/Y TTM8.18%
Sales Y/Y TTM7.91%
EPS Q/Q14.43%
Sales Q/Q13.04%
EarningsNov 05 BMO
EPS/Sales Surpr.13.39% 5.59%

Ownership

Insider Own0.11%
Insider Trans-1.01%
Inst Own74.85%
Inst Trans2.79%
ROA3.15%
ROE12.96%
ROIC4.42%
Gross Margin30.04%
Oper. Margin24.70%
Profit Margin16.00%
SMA200.79%
SMA505.27%
SMA2000.56%
Trades-

Technical

Shs Outstand1.16B
Shs Float1.15B
Short Float2.64%
Short Ratio4.87
Short Interest30.38M
52W High99.58 -6.45%
52W Low81.69 14.03%
Volatility2.80% 1.97%
ATR (14)1.79
RSI (14)58.58
Beta0.29
Rel Volume0.35
Avg Volume6.24M
Volume1,017,680

Performance

Perf Week0.04%
Perf Month5.73%
Perf Quarter0.39%
Perf Half Y0.02%
Perf YTD6.83%
Perf Year2.21%
Perf 3Y36.79%
Perf 5Y47.75%
Perf 10Y94.97%
Recom2.62
Target Price96.84
Prev Close93.65
Price93.15
Change %-0.53%

Analyst ratings

latest 10 of 20
DateActionAnalystRating changeTargetImplied
Oct 22, 2026InitiatedHHSBC SecuritiesBuy$99.50+6.8%
Jul 23, 2026DowngradeKKeyBanc Capital MarketsSector Weight → Underweight$79-15.2%
Apr 21, 2026InitiatedTTruistHold$103+10.6%
Apr 20, 2026DowngradeSSeaport Research PartnersBuy → Neutral
Mar 05, 2026UpgradeEEvercore ISIIn-line → Outperform$111+19.2%
Mar 04, 2026UpgradeKKeyBanc Capital MarketsUnderweight → Sector Weight
Feb 20, 2026UpgradeWWells FargoUnderweight → Equal Weight$96+3.1%
Feb 20, 2026UpgradeMMizuhoNeutral → Outperform$104+11.6%
Jan 20, 2026DowngradeWWells FargoEqual Weight → Underweight$84-9.8%
Dec 16, 2025DowngradeMMorgan StanleyEqual-Weight → Underweight$81-13.0%

Peers

Mkt cap
TickerCompanyMkt cap
DUKDuke Energy Corp99.64B
AEPAmerican Electric Power Company Inc69.61B
DDominion Energy Inc59.67B
NEENextEra Energy Inc179.50B
XELXcel Energy Inc51.46B
EXCExelon Corp46.91B
WECWEC Energy Group Inc38.25B
EDConsolidated Edison Inc43.75B
EMAEmera Inc15.49B
SRESempra51.21B

Insider trading

latest 14 of 75
InsiderRelationshipDateTransactionCostSharesValueTotal heldForm
Spainhour Sterling A Jr.EVP & CLONov 06 '26Sale91.813,333306,00331,886Nov 09 08:59 AM
Sterling SpainhourOfficerNov 06 '26Proposed Sale91.813,333306,003Nov 06 04:08 PM
Kim Matthew M.ComptrollerNov 02 '26Sale93.391009,3394,788Nov 03 03:00 PM
MATTHEW KIMOFFICERNov 02 '26Proposed Sale93.391009,339Nov 02 04:03 PM
Matthew M. KimOFFICEROct 01 '26Proposed Sale82.731008,273Oct 01 04:12 PM
Kim Matthew M.ComptrollerOct 01 '26Sale82.731008,2734,888Oct 01 04:00 PM
Sena Peter P IIIChairman,President & CEO, SNCSep 03 '26Sale88.594,266377,92526,935Sep 04 01:00 PM
Kim Matthew M.ComptrollerSep 03 '26Sale88.871,400124,4184,988Sep 04 01:00 PM
PETER P SENA IIIOfficerSep 03 '26Proposed Sale88.594,266377,925Sep 03 04:01 PM
MATTHEW KIMOfficerSep 03 '26Proposed Sale88.871,400124,418Sep 03 04:01 PM
Kim Matthew M.ComptrollerSep 01 '26Sale88.451008,8456,400Sep 03 10:00 AM
MATTHEW KIMOFFICERSep 01 '26Proposed Sale88.451008,845Sep 01 04:00 PM
Spainhour Sterling A Jr.EVP & CLOAug 06 '26Sale94.023,333313,36935,219Aug 07 03:00 PM
STERLING SPAINHOUROFFICERAug 06 '26Proposed Sale94.023,333313,369Aug 06 04:00 PM

Held by

AUM
TickerCompanyAUM
VTIVanguard Morningstar Total Stock Market ETFAUM: 687.42B
VOOVanguard S&P 500 ETFAUM: 1054.75B
XLUState Street Utilities Select Sector SPDR ETFAUM: 24.34B
IVViShares Core S&P 500 ETFAUM: 871.38B
SPYSPDR S&P 500 ETF TrustAUM: 793.23B
VTVVanguard Morningstar Value ETFAUM: 196.23B
VPUVanguard Utilities ETFAUM: 8.19B
JEPIJPMorgan Equity Premium Income ETFAUM: 46.80B
VYMVanguard High Dividend Yield Indx ETFAUM: 83.15B
SDYState Street SPDR S&P Dividend ETFAUM: 22.68B

News

latest 14 of 206
  • Southern Company Beats On Weather And Data Centers, Lifts 2026 Outlook As Georgia Political Risk Emerges (Earnings Whispers)
  • Great Jobless Claims & Productivity Keep Dow Alight (Zacks)
  • Southern Co.: Q3 Earnings Snapshot (Associated Press)
  • Southern Company reports third-quarter 2026 earnings (PR Newswire)
  • AI Data Center Backlash Is Real. The Blue Wave Takes Out Energy Stocks. (Barrons.com)
  • Loading…
  • VST, CEG Stocks Drop As Election Outcome Hits Merchant Power Generators (Stocktwits)
  • Democrats Take Congress. Trump's Corporate Allies Will Be Caught in the Crosshairs. (Barrons.com)
  • A Democratic Sweep of Midterms Could Turn Software Stocks Into a Defensive Play (Barrons.com)
  • The Election Threat to the AI Data Center Boom-and 7 Stocks That Are at Risk (Barrons.com)
  • AI Data Centers Are on the Ballot. 7 Stocks That Are at Risk. (Barrons.com)
  • Southern Company aligns leadership, operations to serve growth, develop talent and prepare for the future (PR Newswire)
  • Southern Co.'s Data Center Boom Faces A Summer Test As Shares Lag The Market (Earnings Whispers)
  • Mississippi Power Names Jamie Miller Senior Director of Economic, Workforce and Community Development (PR Newswire)

Quarterly earnings

actual against estimate
PeriodReportedEPS actEPS estEPS repSales actSales estAnalysts
2026Q32026-11-051.9401.7111.7708,8438,37518
2026Q22026-07-301.1301.0111.0296,9777,23019
2026Q12026-04-301.3201.2111.2028,3978,07219
2025Q42026-02-190.5500.5580.3726,9816,09616
2025Q32025-10-301.6001.5081.5417,8237,61717
2025Q22025-07-310.9200.8750.7946,9736,36314
2025Q12025-05-011.2301.2011.2077,7757,15414
2024Q42025-02-200.5000.5060.4806,3415,90216
2024Q32024-10-311.4301.3361.3927,2747,14217
2024Q22024-08-011.0900.9321.0926,4636,09916
2024Q12024-05-021.0300.8981.0266,6466,59116
2023Q42024-02-150.6400.6020.7836,0456,89712
2023Q32023-11-021.4201.3231.2946,9808,22814
2023Q22023-08-030.7900.7470.7635,7486,47314
2023Q12023-04-270.7900.7080.7856,4806,16512
2022Q42023-02-160.2600.246-0.0807,0474,99413

Annual earnings

PeriodEPS actEPS estEPS repSales actSales est
2019FY3.1103.0994.49621,41922,059
2020FY3.2503.1932.82420,37521,157
2021FY3.4103.3942.24123,11321,887
2022FY3.6003.5843.26029,27926,412
2023FY3.6503.5993.62125,25326,719
2024FY4.0504.0463.99426,72426,151
2025FY4.3004.2893.94029,55328,503
2026FY-4.637--30,688
2027FY-4.941--32,477
2028FY-5.396--34,578
2029FY-5.829--36,730
2030FY-6.242--39,162

Estimate revisions

last 14 periods
PeriodTypeDateEstimatesUpDownMeanLowHigh
2026Q4S2026-11-058146,9566,2467,387
2026Q4S2026-11-038046,9946,5247,387
2026Q4S2026-10-198046,9946,5247,387
2026Q4S2026-10-148046,9946,5247,387
2026Q4S2026-10-138037,0126,5247,387
2026Q4S2026-10-128137,0386,6337,387
2026Q4S2026-10-098127,0646,6337,408
2026Q4S2026-10-068127,0646,6337,408
2026Q4S2026-09-288137,0646,6337,408
2026Q4S2026-09-248147,0646,6337,408
2026Q4S2026-08-187147,0866,6337,408
2026Q4S2026-08-137137,0906,6337,433
2026Q4S2026-08-127137,0896,6337,433
2026Q4S2026-08-108127,0996,6337,433

Estimate history

EPS, annual0.842.174.4962.8242.2413.263.6213.9943.9144.3668
Period201720182019202020212022202320242025TTM
EPS, quarterly1.3920.481.2070.7941.5410.3721.2021.0291.764
PeriodQ3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26Q2 '26Q3 '26
Sales, annual23115236152119420241232302929025253267242955331198
Period201720182019202020212022202320242025TTM
Sales, quarterly727463417775697378236981839769778843
PeriodQ3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26Q2 '26Q3 '26
Shares, annual999.11033.78810991099109910991099109710991164.261
Period201720182019202020212022202320242025MRQ
Shares, quarterly1095.68410971099.0551100.0471101.10510991127.3011150.3631164.261
PeriodQ3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26Q2 '26Q3 '26

Income statement, annual

Currency USD, millions
MetricTTM2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY
Total Revenue31,198.0029,553.0026,724.0025,253.0029,290.0023,230.0020,241.0021,194.0023,615.00
Cost of Goods Sold Incl. D&A21,825.0020,744.0018,185.0018,062.0022,218.0016,670.0013,970.0014,814.0016,976.00
Gross Profit9,373.008,809.008,539.007,191.007,072.006,560.006,271.006,380.006,639.00
Other Operating Expense1,667.001,538.001,540.001,425.001,411.001,290.001,234.001,230.001,315.00
Operating Income7,706.007,271.006,999.005,766.005,661.005,270.005,037.005,150.005,324.00
Interest Expense3,208.003,305.002,711.002,437.001,687.001,756.001,799.001,743.001,808.00
Unusual Expense149.00-123.00-111.00-164.00671.001,821.00385.00-65.001,445.00
Net Income Before Taxes5,683.004,999.005,229.004,345.004,223.002,576.003,496.006,542.002,749.00
Income Taxes742.00828.00969.00496.00795.00267.00393.001,798.00449.00
Consolidated Net Income4,941.004,171.004,260.003,849.003,428.002,309.003,103.004,744.002,300.00
Net Income From Continuing Operations4,992.004,341.004,401.003,976.003,535.002,408.003,134.004,754.002,242.00
Net Income4,992.004,341.004,401.003,976.003,524.002,393.003,119.004,739.002,226.00
EPS (Recurring)4.393.843.923.523.693.433.084.453.16
EPS (Basic, Before Extraordinaries)4.383.944.023.643.282.262.824.532.18
EPS (Diluted)4.373.913.993.623.262.242.824.502.17
EBITDA14,120.0013,301.0012,259.0010,729.009,720.009,252.008,939.008,475.008,880.00
Non-Operating Income (Expense)1,334.00910.00830.00852.00920.00883.00643.003,070.00678.00
Other After Tax Adjustments0.000.000.000.000.000.000.000.000.00
Stock Option Compensation Expense48.1937.92122.0079.0075.0083.0062.0048.1866.36
Price To Earnings Ratio21.4521.4519.1825.3822.6330.4221.0614.1320.33
Price To Sales Ratio3.083.273.393.052.643.153.343.171.91
Gross Margin30.0429.8131.9528.4824.1428.2430.9830.1028.11
Operating Margin24.7024.6026.1922.8319.3322.6924.8924.3022.54
Net Margin16.0014.6916.4715.7412.0310.3015.4122.369.43
Shares Outstanding1,164.261,099.001,097.001,099.001,099.001,099.001,099.001,099.001,033.79
Market Capitalization107,731.21107,731.2190,196.3876,474.2777,741.9272,614.5664,884.8266,804.1045,188.85

Income statement, quarterly

Currency USD, millions
Metric2026Q32026Q22026Q12025Q42025Q32025Q22025Q12024Q4
Total Revenue8,843.006,977.008,397.006,981.007,823.006,973.007,775.006,341.00
Cost of Goods Sold Incl. D&A5,406.004,823.005,928.005,668.004,941.004,793.005,311.005,055.00
Gross Profit3,437.002,154.002,469.001,313.002,882.002,180.002,464.001,286.00
Other Operating Expense434.00367.00464.00402.00288.00403.00445.00385.00
Operating Income3,003.001,787.002,005.00911.002,594.001,777.002,019.00901.00
Interest Expense769.00751.00793.00895.00765.00898.00755.00635.00
Unusual Expense81.0071.0016.00-19.00-16.00-12.0010.00-112.00
Net Income Before Taxes2,546.001,375.001,566.00196.002,111.001,142.001,550.00545.00
Income Taxes472.00187.00228.00-145.00404.00289.00280.0079.00
Consolidated Net Income2,074.001,188.001,338.00341.001,707.00853.001,270.00466.00
Net Income From Continuing Operations2,046.001,174.001,356.00416.001,711.00880.001,334.00534.00
Net Income2,046.001,174.001,356.00416.001,711.00880.001,334.00534.00
EPS (Recurring)1.811.071.210.361.530.791.210.41
EPS (Basic, Before Extraordinaries)1.771.031.210.381.550.801.210.49
EPS (Diluted)1.761.031.200.371.540.791.210.48
EBITDA4,636.003,383.003,585.002,516.004,159.003,226.003,430.002,250.00
Non-Operating Income (Expense)393.00410.00370.00161.00266.00251.00296.00167.00
Other After Tax Adjustments0.000.000.000.000.000.000.000.00
Stock Option Compensation Expense20.5411.857.118.6916.598.693.9577.00
Price To Earnings Ratio21.4524.4824.6621.6824.4722.0223.0519.18
Price To Sales Ratio3.083.623.613.303.643.593.653.43
Gross Margin38.8730.8729.4018.8136.8431.2631.6920.28
Operating Margin33.9625.6123.8813.0533.1625.4825.9714.21
Net Margin23.1416.8316.155.9621.8712.6217.168.42
Shares Outstanding1,164.261,150.361,127.301,099.001,101.101,100.051,099.061,097.00
Market Capitalization107,731.21107,893.88108,043.5296,015.92104,251.74100,926.68100,850.7690,196.38

Balance sheet, annual

Currency USD, millions
Metric2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY
Cash & Short Term Investments1,640.001,070.00748.001,917.001,798.001,065.001,975.001,396.002,130.00
Short Term Receivables4,069.004,289.003,963.003,716.002,962.003,335.003,409.004,059.004,048.00
Inventories3,333.003,369.003,352.002,677.002,355.002,488.002,388.002,394.002,627.00
Other Current Assets1,875.001,966.002,369.002,106.001,850.001,729.002,045.001,734.001,267.00
Total Current Assets10,917.0010,694.0010,432.0010,416.008,965.008,617.009,817.009,583.0010,072.00
Net Property, Plant & Equipment115,727.00106,075.00101,276.0096,101.0092,809.0089,436.0084,880.0080,797.0079,872.00
Total Investments and Advances4,979.004,705.004,457.004,190.004,477.004,619.004,518.004,368.004,369.00
Intangible Assets5,461.005,493.005,529.005,567.005,725.005,767.005,816.005,928.007,141.00
Deferred Tax Assets948.00889.00886.00866.00824.00796.00798.00794.00825.00
Other Assets17,688.0017,324.0016,751.0017,751.0014,734.0013,700.0012,871.0015,444.008,726.00
Total Assets155,720.00145,180.00139,331.00134,891.00127,534.00122,935.00118,700.00116,914.00111,005.00
Short Term Debt Incl. Current Port. of LT Debt7,139.006,256.004,973.007,091.003,847.004,357.005,273.006,113.006,331.00
Accounts Payable3,710.003,701.002,898.003,525.002,169.002,806.002,557.003,436.003,076.00
Income Tax Payable1,004.001,054.00868.00824.00691.00829.00659.00656.006.00
Other Current Liabilities5,035.004,982.004,728.004,284.004,214.004,087.004,057.004,081.004,181.00
Total Current Liabilities16,888.0015,993.0013,467.0015,724.0010,921.0012,079.0012,546.0014,286.0013,594.00
Long Term Debt66,936.0060,021.0058,517.0052,044.0051,623.0046,684.0043,413.0040,736.0044,462.00
Provision for Risks Charges14,631.0014,648.0015,362.0016,619.0017,941.0018,295.0017,408.0017,865.0014,374.00
Deferred Tax Liabilities14,135.0013,786.0013,057.0012,169.0011,078.0010,410.0010,179.008,930.009,109.00
Other Liabilities4,263.004,058.003,703.003,803.003,404.002,942.003,104.005,767.003,614.00
Total Liabilities116,853.00108,506.00104,106.00100,359.0094,967.0090,410.0086,650.0087,584.0085,153.00
Non-Equity Reserves0.000.000.000.000.000.000.000.000.00
Preferred Stock - Carrying Value0.000.000.000.00291.00291.00291.00291.00324.00
Common Equity36,016.0033,208.0031,444.0030,408.0027,874.0027,972.0027,505.0024,723.0024,167.00
Total Shareholders Equity36,016.0033,208.0031,444.0030,408.0028,165.0028,263.0027,796.0025,014.0024,491.00
Accumulated Minority Interest2,851.003,466.003,781.004,124.004,402.004,262.004,254.004,316.001,361.00
Total Equity38,867.0036,674.0035,225.0034,532.0032,567.0032,525.0032,050.0029,330.0025,852.00
Total Liabilities & Stockholders Equity155,720.00145,180.00139,331.00134,891.00127,534.00122,935.00118,700.00116,914.00111,005.00
Book Value Per Share32.7730.2728.6127.6725.3625.4525.0323.9124.19
Tangible Book Value Per Share27.8025.2623.5822.6020.1520.2019.7418.1817.04
Full-Time Employees29,80028,60028,10027,70027,30027,70027,94329,19231,344
Price to Book Ratio2.592.712.442.492.702.412.551.842.00
Return on Assets2.893.092.902.691.922.594.041.970.80
Return on Equity12.5413.6112.8612.078.5311.1818.009.063.52
Return on Invested Capital4.224.724.424.293.024.186.683.411.28
Quick Ratio0.450.460.530.490.610.510.590.500.55
Current Ratio0.650.670.770.660.820.710.780.670.74

Cash flow, annual

Currency USD, millions
MetricTTM2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY
Net Income4,942.004,171.004,260.003,849.003,428.002,309.003,103.004,744.002,300.00
Depreciation6,414.006,030.005,266.004,986.004,059.003,982.003,902.003,331.003,549.00
Other Funds (Non Cash)-1,495.00-1,416.00-1,695.00-1,210.00-2,015.00710.00321.00-3,067.00726.00
Funds from Operations10,584.009,403.008,367.007,688.006,142.006,952.007,085.005,619.006,669.00
Extraordinary Item0.000.000.000.000.000.000.000.000.00
Changes in Working Capital-107.00399.001,421.00-135.00160.00-783.00-389.00162.00276.00
Income Taxes Payable----51.00-54.00242.00117.00267.00
Cash from Operating Activities10,477.009,802.009,788.007,553.006,302.006,169.006,696.005,781.006,945.00
Capital Expenditures-15,216.00-13,392.00-9,587.00-9,687.00-8,572.00-7,682.00-7,802.00-7,948.00-8,389.00
Net Assets From Acquisitions0.00-635.000.000.000.00-345.00-161.00-198.00-179.00
Sale of Fixed Assets and Businesses0.001.00369.00185.00348.001,418.001,412.005,318.005,507.00
Purchase or Sale of Investments-17.00-17.00-16.00-21.00-13.00-5.00-6.00-6.00-6.00
Purchase of Investments-1,952.00-1,702.00-1,551.00-1,142.00-1,125.00-1,598.00-877.00-888.00-1,117.00
Sale Or Maturity of Investments1,935.001,685.001,535.001,121.001,112.001,593.00871.00882.001,111.00
Other Uses-446.00-217.00-272.00-142.00-190.00-312.00-211.00-403.00-192.00
Other Sources916.00301.00106.0018.0070.0074.00101.0041.0050.00
Cash from Investing Activities-14,763.00-13,959.00-9,400.00-9,647.00-8,357.00-6,852.00-6,667.00-3,196.00-3,209.00
Cash Dividends Paid-3,160.00-3,015.00-2,954.00-3,035.00-2,907.00-2,777.00-2,685.00-2,570.00-2,425.00
Change in Capital Stock5,374.001,623.00143.0036.001,510.0073.0074.00844.001,057.00
Repurchase of Common Pref Stock0.000.000.000.000.000.000.000.00-33.00
Sale of Common Pref Stock5,374.001,623.00143.0036.001,510.0073.0074.00844.001,090.00
Proceedsfrom Stock Options5,374.001,623.00143.0036.001,510.0073.0074.00844.001,090.00
Issuance or Reduction of Debt, Net1,298.006,792.002,969.004,371.004,137.004,765.002,268.0013.00-2,579.00
Change in Long Term Debt552.007,006.003,937.004,678.002,974.003,935.003,589.00873.00-3,055.00
Issuance of Long Term Debt10,463.0012,470.006,159.008,972.005,132.008,262.008,047.005,220.002,478.00
Reduction of Long Term Debt-9,911.00-5,464.00-2,222.00-4,294.00-2,158.00-4,327.00-4,458.00-4,347.00-5,533.00
Net Financing Active Other Cash Flow-823.00-704.00-366.00-394.00-477.00-617.00-596.00-413.00-417.00
Other Financing Activities Uses-823.00-704.00-366.00-394.00-477.00-617.00-596.00-413.00-417.00
Cash from Financing Activities2,689.004,696.00-208.00978.002,263.001,444.00-939.00-2,126.00-4,364.00
Net Change in Cash-1,597.00539.00180.00-1,116.00208.00761.00-910.00459.00-628.00
Free Cash Flow-4,739.00-3,590.00201.00-2,134.00-2,270.00-1,513.00-1,106.00-2,167.00-1,444.00
Preferred Dividends (Cash Flow)-0.000.000.00-----
Deferred Taxes & Investment Tax Credit-618.00536.0063.00670.00-49.00-241.00611.0094.00

Balance sheet, quarterly

Currency USD, millions
Metric2026Q32026Q22026Q12025Q42025Q32025Q2
Cash & Short Term Investments1,745.002,989.00987.001,640.003,342.001,265.00
Short Term Receivables4,749.003,948.003,873.004,069.003,903.004,350.00
Inventories3,469.003,306.003,169.003,333.003,255.003,075.00
Other Current Assets1,889.002,135.001,932.001,875.002,127.002,111.00
Total Current Assets11,852.0012,378.009,961.0010,917.0012,627.0010,801.00
Net Property, Plant & Equipment122,064.00119,714.00117,453.00115,727.00112,258.00109,546.00
Total Investments and Advances5,230.005,239.004,959.004,979.004,883.004,886.00
Intangible Assets5,442.005,448.005,455.005,461.005,469.005,477.00
Deferred Tax Assets1,089.001,094.001,026.00948.00911.00899.00
Other Assets18,527.0018,154.0018,177.0017,688.0017,100.0017,244.00
Total Assets164,204.00162,027.00157,031.00155,720.00153,248.00148,853.00
Short Term Debt Incl. Current Port. of LT Debt4,713.007,033.007,577.007,139.007,883.006,553.00
Accounts Payable3,435.003,374.002,909.003,710.003,017.002,948.00
Income Tax Payable1,109.00765.00623.001,004.001,422.00820.00
Other Current Liabilities4,877.004,562.004,209.005,035.004,404.004,249.00
Total Current Liabilities14,134.0015,734.0015,318.0016,888.0016,726.0014,570.00
Long Term Debt70,782.0070,054.0068,428.0066,936.0065,863.0064,271.00
Provision for Risks Charges14,525.0014,557.0014,496.0014,631.0014,110.0014,301.00
Deferred Tax Liabilities15,056.0014,694.0014,428.0014,135.0014,244.0014,311.00
Other Liabilities4,901.004,646.004,449.004,263.004,031.004,058.00
Total Liabilities119,398.00119,685.00117,119.00116,853.00114,974.00111,511.00
Non-Equity Reserves0.000.000.000.000.000.00
Preferred Stock - Carrying Value0.000.000.000.000.000.00
Common Equity42,056.0039,570.0037,122.0036,016.0035,002.0034,014.00
Total Shareholders Equity42,056.0039,570.0037,122.0036,016.0035,002.0034,014.00
Accumulated Minority Interest2,750.002,772.002,790.002,851.003,272.003,328.00
Total Equity44,806.0042,342.0039,912.0038,867.0038,274.0037,342.00
Total Liabilities & Stockholders Equity164,204.00162,027.00157,031.00155,720.00153,248.00148,853.00
Book Value Per Share36.1234.4032.9332.7731.7930.92
Tangible Book Value Per Share31.4529.6628.0927.8026.8225.94
Full-Time Employees---29,800--
Price to Book Ratio2.592.912.952.743.062.98
Return on Assets3.153.002.862.893.002.95
Return on Equity12.9612.6612.3012.5413.0612.89
Return on Invested Capital1.811.071.280.401.700.90
Quick Ratio0.590.580.440.450.560.53
Current Ratio0.840.790.650.650.750.74

Cash flow, quarterly

Currency USD, millions
Metric2026Q32026Q22026Q12025Q42025Q32025Q2
Net Income2,074.001,189.001,338.00341.001,707.00853.00
Depreciation1,633.001,596.001,580.001,605.001,565.001,449.00
Other Funds (Non Cash)-445.00-498.00-424.00-128.00-537.00-379.00
Funds from Operations3,412.002,429.002,662.002,081.002,637.002,093.00
Extraordinary Item0.000.000.000.000.000.00
Changes in Working Capital188.00625.00-1,436.00516.001,137.0088.00
Income Taxes Payable537.00187.00-408.00---
Cash from Operating Activities3,600.003,054.001,226.002,597.003,774.002,181.00
Capital Expenditures-3,767.00-3,878.00-3,110.00-4,461.00-3,390.00-2,936.00
Net Assets From Acquisitions0.000.000.000.00-635.000.00
Sale of Fixed Assets and Businesses0.000.000.000.00-1.002.00
Purchase or Sale of Investments0.000.000.00-17.000.000.00
Purchase of Investments-468.00-552.00-442.00-490.00-435.00-416.00
Sale Or Maturity of Investments468.00552.00442.00473.00435.00416.00
Other Uses-180.00228.00-311.00-183.00161.0034.00
Other Sources302.00313.000.00301.000.000.00
Cash from Investing Activities-3,645.00-3,337.00-3,421.00-4,360.00-3,865.00-2,900.00
Cash Dividends Paid-820.00-803.00-776.00-761.00-760.00-758.00
Preferred Dividends (Cash Flow)0.000.000.000.000.000.00
Change in Capital Stock1,245.002,061.00535.001,533.0028.0032.00
Repurchase of Common Pref Stock0.000.000.000.000.000.00
Sale of Common Pref Stock1,245.002,061.00535.001,533.0028.0032.00
Proceedsfrom Stock Options1,245.002,061.00535.001,533.0028.0032.00
Issuance or Reduction of Debt, Net-1,521.001,099.002,021.00-301.002,978.00424.00
Change in Long Term Debt-273.00637.001,068.00-880.003,821.00-467.00
Issuance of Long Term Debt3,472.002,400.002,390.002,201.003,950.001,752.00
Reduction of Long Term Debt-3,745.00-1,763.00-1,322.00-3,081.00-129.00-2,219.00
Net Financing Active Other Cash Flow-104.00-71.00-238.00-410.00-78.00-46.00
Other Financing Activities Uses-104.00-71.00-238.00-410.00-78.00-46.00
Cash from Financing Activities-1,200.002,286.001,542.0061.002,168.00-348.00
Net Change in Cash-1,245.002,003.00-653.00-1,702.002,077.00-1,067.00
Free Cash Flow-167.00-824.00-1,884.00-1,864.00384.00-755.00

Revenue breakdown

Natural Gas Distribution - Commercial2024: 417.00M 2025: 527.00M
Natural Gas Distribution - Industrial2024: 34.00M 2025: 44.00M
Natural Gas Distribution - Other2024: 316.00M 2025: 295.00M
Natural Gas Distribution - Residential2024: 1.75B 2025: 2.16B
Natural Gas Distribution - Transportation2024: 1.30B 2025: 1.42B
Other Natural Gas - Gas Marketing Services2024: 507.00M 2025: 569.00M
Other Natural Gas - Other Natural Gas Revenues2024: 18.00M 2025: 12.00M
Other Revenues2024: 1.62B 2025: 1.78B
Retail Electric - Commercial2024: 6.59B 2025: 7.00B
Retail Electric - Industrial2024: 3.89B 2025: 4.05B
Retail Electric - Other2024: 124.00M 2025: 123.00M
Retail Electric - Residential2024: 8.28B 2025: 8.60B
Wholesale Electric - Non-PPA Revenues2024: 226.00M 2025: 299.00M
Wholesale Electric - PPA Capacity Revenues2024: 641.00M 2025: 637.00M
Wholesale Electric - PPA Energy Revenues2024: 1.06B 2025: 1.43B
United States2024: 26.76B 2025: 28.94B
Consolidation, Policy2024: 317.00M 2025: -356.00M
Southern Company Gas2024: 4.46B 2025: 5.04B
Southern Power2024: 2.01B 2025: 2.20B
Traditional Electric Operating Companies2024: 19.98B 2025: 22.06B

Short interest

shares short against float, oldest to newest
SettlementOf floatShares shortFloatAvg volume
2026-10-302.64%30.4M1149.1M5.99M
2026-10-152.56%29.4M1149.1M5.88M
2026-09-302.55%29.3M1149.1M5.58M
2026-09-152.52%29.0M1149.0M5.76M
2026-08-313.06%35.2M1148.9M5.89M
2026-08-142.84%32.6M1148.9M5.87M
2026-07-313.17%36.4M1148.8M5.85M
2026-07-153.25%36.6M1125.8M5.73M
2026-06-303.32%37.4M1125.8M5.76M
2026-06-152.71%30.5M1125.0M5.25M
2026-05-292.64%29.7M1125.8M5.15M
2026-05-152.31%26.0M1125.8M5.61M
2026-04-302.19%24.6M1125.8M5.78M
2026-04-152.23%25.1M1125.8M6.12M
2026-03-312.43%27.1M1117.9M6.14M
2026-03-132.15%24.1M1117.9M6.13M
2026-02-272.11%23.6M1117.9M6.27M
2026-02-132.20%24.6M1117.8M5.83M
2026-01-302.36%25.9M1099.6M5.92M
2026-01-152.35%25.9M1099.9M5.71M

Option chain

expiry 2026-11-13
TypeStrikeBidAskLastIVOpen intVolumeDeltaThetaVega
call50.0042.1044.700.007.0760.000.000.994-0.0990.001
call55.0037.1039.700.006.1970.000.000.993-0.0980.001
call60.0032.1034.700.005.3900.000.000.992-0.0960.002
call65.0027.1029.700.004.6390.000.000.990-0.0940.002
call70.0022.1024.700.003.9320.000.000.988-0.0910.002
call71.0021.1024.0021.883.6371.000.000.988-0.0900.002
call72.0020.1023.3020.953.6581.000.000.987-0.0890.002
call73.0019.1021.700.003.1140.000.000.987-0.0890.002
call74.0018.1020.700.002.9890.000.000.986-0.0880.002
call75.0017.3019.700.002.8660.000.000.985-0.0870.003
call76.0016.2018.600.002.6750.000.000.985-0.0860.003
call77.0015.1017.700.002.6210.000.000.984-0.0850.003
call78.0014.1016.5015.852.3681.000.000.983-0.0840.003
call79.0013.3015.706.982.3781.000.000.982-0.0830.003
call80.0012.1014.700.002.5980.000.000.981-0.0820.003
call81.0011.3013.700.002.1020.000.000.980-0.0800.003
call82.0010.3012.700.002.0330.000.000.978-0.0770.004
call83.009.1011.200.001.6020.000.000.976-0.0780.004
call84.008.1010.709.982.0252.000.000.974-0.0770.004
call85.007.109.7010.501.6942010.000.960-0.1090.006
call86.006.108.700.001.8090.000.000.938-0.1540.008
call87.005.107.700.001.6740.000.000.912-0.1960.011
call88.004.106.705.251.49416.000.000.884-0.2300.014
call89.004.004.904.630.76820.000.000.909-0.1390.011
call90.003.004.303.350.8742505.000.792-0.2970.020
call91.001.203.202.040.69963.000.000.751-0.2700.022
call92.001.401.801.400.4142150.000.705-0.1920.024
call93.000.801.001.300.33690.000.000.536-0.1930.027
call94.000.350.550.400.33073.0013.000.352-0.2010.026
call95.000.100.200.250.2922050.000.305-0.3030.024
call96.000.000.350.100.3802650.000.236-0.2880.021
call97.000.000.550.050.46333.000.000.198-0.2940.019
call98.000.000.900.050.5471121000.163-0.2870.017
call99.000.000.050.060.4241,4390.000.135-0.2430.015
call1000.000.050.070.4881470.000.094-0.1870.012
call1010.000.950.400.5741.000.000.057-0.1330.008
call1020.001.150.360.63221.000.000.038-0.0970.006
call1030.001.950.000.6990.000.000.028-0.0770.004
call1040.001.950.000.7490.000.000.026-0.0780.004
call1050.002.150.000.8030.000.000.024-0.0800.004
call1100.001.250.001.0550.000.000.019-0.0850.003
call1150.002.150.001.2950.000.000.016-0.0900.003
call1200.002.150.001.5150.000.000.014-0.0940.002
put50.000.002.150.003.4570.000.00-0.006-0.0970.001
put55.000.002.150.003.0310.000.00-0.007-0.1000.001
put60.000.002.150.002.5750.000.00-0.008-0.0970.002
put65.000.002.150.002.1520.000.00-0.010-0.0950.002
put70.000.002.150.001.7580.000.00-0.011-0.0910.002
put71.000.002.150.081.6793.000.00-0.012-0.0900.002
put72.000.002.150.301.5984.000.00-0.013-0.0900.002
put73.000.002.151.061.5232.000.00-0.013-0.0890.002
put74.000.000.750.091.4481.000.00-0.014-0.0880.002
put75.000.000.750.131.3791.000.00-0.014-0.0870.003
put76.000.002.150.001.3050.000.00-0.015-0.0860.003
put77.000.000.950.001.2320.000.00-0.016-0.0850.003
put78.000.002.150.001.1580.000.00-0.017-0.0840.003
put79.000.000.152.151.0861.001.00-0.018-0.0830.003
put80.000.000.750.201.0176.000.00-0.019-0.0820.003
put81.000.000.750.000.9450.000.00-0.020-0.0800.003
put82.000.000.750.100.8731.000.00-0.022-0.0790.004
put83.000.000.750.000.8040.000.00-0.024-0.0770.004
put84.000.000.951.610.73410.000.00-0.026-0.0780.004
put85.000.000.050.050.58216.000.00-0.032-0.0640.006
put86.000.002.150.100.59316.000.00-0.056-0.1360.008
put87.000.000.650.150.51966.000.00-0.079-0.1720.010
put88.000.000.200.100.44725.000.00-0.107-0.2030.013
put89.000.000.050.100.60438.000.00-0.148-0.2500.016
put90.000.000.300.050.45855.006.00-0.212-0.3000.020
put91.000.000.450.120.35729.000.00-0.255-0.2730.022
put92.000.150.250.230.24871.002.00-0.295-0.1900.024
put93.000.350.550.500.22750.000.00-0.464-0.1910.027
put94.000.851.300.950.29334.000.00-0.648-0.1990.026
put95.000.903.301.620.83226.000.00-0.685-0.3080.024
put96.002.104.003.100.94616.000.00-0.741-0.3190.022
put97.002.505.000.001.1890.000.00-0.772-0.3510.021
put98.003.406.000.001.3090.000.00-0.811-0.3390.019
put99.004.506.904.601.4230.000.00-0.889-0.2070.013
put1005.507.900.001.2410.000.00-0.934-0.1340.009
put1016.508.900.001.3370.000.00-0.951-0.1090.007
put1027.509.900.001.7380.000.00-0.961-0.0930.006
put1038.5010.900.001.8360.000.00-0.972-0.0730.004
put1049.5011.900.001.9310.000.00-0.974-0.0750.004
put10510.5012.900.001.8300.000.00-0.975-0.0760.004
put11015.5018.000.002.2410.000.00-0.981-0.0820.003
put11520.5023.000.002.6680.000.00-0.984-0.0860.003
put12025.5028.000.003.0100.000.00-0.986-0.0890.002

Latest SEC filings

30
FiledFormDescriptionPeriodLink
2026-11-10S-3ASRAutomatic shelf registration statement of securities of well-known seasoned issuersSEC
2026-11-094Statement of changes in beneficial ownership of securities2026-11-06SEC
2026-11-06144Filing for proposed sale of securities under Rule 144.SEC
2026-11-058-KCurrent report2026-11-05SEC
2026-11-0510-QQuarterly report pursuant to Section 13 or 15(d)2026-09-30SEC
2026-11-034Statement of changes in beneficial ownership of securities2026-11-02SEC
2026-11-02144Filing for proposed sale of securities under Rule 144.SEC
2026-10-228-KCurrent report2026-10-20SEC
2026-10-054Statement of changes in beneficial ownership of securities2026-10-01SEC
2026-10-054Statement of changes in beneficial ownership of securities2026-10-01SEC
2026-10-054Statement of changes in beneficial ownership of securities2026-10-01SEC
2026-10-054Statement of changes in beneficial ownership of securities2026-10-01SEC
2026-10-054Statement of changes in beneficial ownership of securities2026-10-01SEC
2026-10-054Statement of changes in beneficial ownership of securities2026-10-01SEC
2026-10-054Statement of changes in beneficial ownership of securities2026-10-01SEC
2026-10-054Statement of changes in beneficial ownership of securities2026-10-01SEC
2026-10-054Statement of changes in beneficial ownership of securities2026-10-01SEC
2026-10-054Statement of changes in beneficial ownership of securities2026-10-01SEC
2026-10-01144Filing for proposed sale of securities under Rule 144.SEC
2026-10-014Statement of changes in beneficial ownership of securities2026-10-01SEC
2026-09-044Statement of changes in beneficial ownership of securities2026-09-03SEC
2026-09-044Statement of changes in beneficial ownership of securities2026-09-03SEC
2026-09-03144Filing for proposed sale of securities under Rule 144.SEC
2026-09-03144Filing for proposed sale of securities under Rule 144.SEC
2026-09-034Statement of changes in beneficial ownership of securities2026-09-01SEC
2026-09-01144Filing for proposed sale of securities under Rule 144.SEC
2026-08-074Statement of changes in beneficial ownership of securities2026-08-06SEC
2026-08-06144Filing for proposed sale of securities under Rule 144.SEC
2026-08-068-KCurrent report2026-08-03SEC
2026-08-044Statement of changes in beneficial ownership of securities2026-08-03SEC

Insider activity by month

MonthBoughtBuysSoldSells
2026-1100315.34K2
2026-10008.27K1
2026-0900511.19K3
2026-0800322.80K2
2026-07009.58K1
2026-06009.12K1
2026-05009.66K1
2026-040000
2026-03004.27M3
2026-0200487.45K1
2026-010000
2025-120000
2025-110000

Institutional holders

Manager% owned
BlackRock, Inc.8.25%
VANGUARD CAPITAL MANAGEMENT LLC6.53%
STATE STREET CORP5.75%
Capital World Investors5.55%
PRICE T ROWE ASSOCIATES INC /MD/4.12%
Ovata Capital Management Ltd3.02%
JPMORGAN CHASE & CO2.91%
GEODE CAPITAL MANAGEMENT, LLC2.64%
VANGUARD PORTFOLIO MANAGEMENT LLC2.40%
FMR LLC1.93%

Funds

Fund% owned
Dodge & Cox Income Fund18.48%
T. Rowe Price Capital Appreciation Fund14.78%
JPMorgan Ultra-Short Income ETF7.14%
VANGUARD WELLINGTON FUND6.66%
TCW METWEST TOTAL RETURN BOND FUND5.79%
VANGUARD INTERMEDIATE-TERM INVESTMENT-GRADE FUND4.03%
JNL/T. Rowe Price Capital Appreciation Fund 3.23%
Bridge Builder Core Plus Bond Fund3.20%
VANGUARD TOTAL STOCK MARKET INDEX FUND3.18%
iShares Convertible Bond ETF3.11%

OakChart. SO. Cached 15 minutes.