The Southern Company (SO)
NYSE: SO · Real-Time Price · USD
96.23
-0.31 (-0.32%)
At close: Mar 19, 2026, 4:00 PM EDT
97.50
+1.27 (1.32%)
After-hours: Mar 19, 2026, 7:59 PM EDT
The Southern Company Income Statement
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Fiscal Quarter | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 | Q4 2021 | Q3 2021 | Q2 2021 | Q1 2021 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Period Ending | Dec '25 Dec 31, 2025 | Sep '25 Sep 30, 2025 | Jun '25 Jun 30, 2025 | Mar '25 Mar 31, 2025 | Dec '24 Dec 31, 2024 | Sep '24 Sep 30, 2024 | Jun '24 Jun 30, 2024 | Mar '24 Mar 31, 2024 | Dec '23 Dec 31, 2023 | Sep '23 Sep 30, 2023 | Jun '23 Jun 30, 2023 | Mar '23 Mar 31, 2023 | Dec '22 Dec 31, 2022 | Sep '22 Sep 30, 2022 | Jun '22 Jun 30, 2022 | Mar '22 Mar 31, 2022 | Dec '21 Dec 31, 2021 | Sep '21 Sep 30, 2021 | Jun '21 Jun 30, 2021 | Mar '21 Mar 31, 2021 |
Operating Revenue | 6,671 | 7,535 | 6,638 | 7,426 | 6,010 | 6,991 | 6,154 | 6,418 | 5,758 | 6,758 | 5,525 | 6,263 | 6,834 | 8,200 | 7,001 | 6,512 | 5,572 | 6,084 | 4,997 | 5,751 |
Other Revenue | 310 | 288 | 335 | 349 | 331 | 283 | 309 | 228 | 287 | 222 | 223 | 217 | 213 | 178 | 205 | 136 | 195 | 154 | 201 | 159 |
| 6,981 | 7,823 | 6,973 | 7,775 | 6,341 | 7,274 | 6,463 | 6,646 | 6,045 | 6,980 | 5,748 | 6,480 | 7,047 | 8,378 | 7,206 | 6,648 | 5,767 | 6,238 | 5,198 | 5,910 | |
Revenue Growth (YoY) | 10.09% | 7.55% | 7.89% | 16.99% | 4.90% | 4.21% | 12.44% | 2.56% | -14.22% | -16.69% | -20.23% | -2.53% | 22.20% | 34.31% | 38.63% | 12.49% | 12.70% | 11.00% | 12.51% | 17.78% |
Fuel & Purchased Power | 1,355 | 1,604 | 1,376 | 1,542 | 1,136 | 1,395 | 1,254 | 1,194 | 1,192 | 1,574 | 1,190 | 1,292 | 1,894 | 3,068 | 2,123 | 1,343 | 1,346 | 1,522 | 1,065 | 1,055 |
Operations & Maintenance | 2,118 | 1,643 | 1,685 | 1,619 | 1,996 | 1,662 | 1,388 | 1,472 | 1,741 | 1,424 | 1,489 | 1,440 | 2,005 | 1,527 | 1,548 | 1,516 | 1,831 | 1,446 | 1,438 | 1,372 |
Depreciation & Amortization | 1,652 | 1,310 | 1,281 | 1,286 | 1,218 | 1,210 | 1,182 | 1,145 | 1,160 | 1,143 | 1,112 | 1,111 | 935 | 922 | 913 | 892 | 907 | 896 | 891 | 871 |
Other Operating Expenses | 967 | 406 | 673 | 1,165 | 780 | 487 | 547 | 980 | 597 | 579 | 519 | 1,270 | 1,660 | 504 | 803 | 1,372 | 1,877 | 634 | 965 | 867 |
Total Operating Expenses | 6,092 | 4,963 | 5,015 | 5,612 | 5,130 | 4,754 | 4,371 | 4,791 | 4,690 | 4,720 | 4,310 | 5,113 | 6,494 | 6,021 | 5,387 | 5,123 | 5,961 | 4,498 | 4,359 | 4,165 |
Operating Income | 889 | 2,860 | 1,958 | 2,163 | 1,211 | 2,520 | 2,092 | 1,855 | 1,355 | 2,260 | 1,438 | 1,367 | 553 | 2,357 | 1,819 | 1,525 | -194 | 1,740 | 839 | 1,745 |
Interest Expense | -895 | -755 | -874 | -714 | -693 | -692 | -694 | -665 | -634 | -620 | -610 | -582 | -562 | -514 | -492 | -466 | -489 | -455 | -454 | -454 |
Net Interest Expense | -895 | -755 | -874 | -714 | -693 | -692 | -694 | -665 | -634 | -620 | -610 | -582 | -562 | -514 | -492 | -466 | -489 | -455 | -454 | -454 |
Income (Loss) on Equity Investments | 36 | 33 | 10 | 32 | 32 | 31 | 31 | 45 | 34 | 32 | 29 | 48 | 42 | 28 | 34 | 46 | 41 | 30 | -40 | 45 |
Currency Exchange Gain (Loss) | -11 | 6 | 160 | 61 | -117 | 82 | -23 | 27 | 73 | -21 | 29 | 8 | 120 | -91 | -169 | -49 | -59 | -66 | 17 | -60 |
Allowance for Equity Funds for Construction | 97 | 90 | 80 | 73 | 68 | 58 | 51 | 58 | 68 | 66 | 70 | 65 | 61 | 59 | 53 | 51 | 50 | 49 | 45 | 46 |
Other Non-Operating Income (Expenses) | -101 | -11 | -150 | -65 | 44 | -87 | 21 | -26 | -96 | 12 | -35 | -10 | -198 | 59 | 144 | 30 | 83 | 55 | -58 | -25 |
EBT Excluding Unusual Items | 15 | 2,223 | 1,184 | 1,550 | 545 | 1,912 | 1,478 | 1,294 | 800 | 1,729 | 921 | 896 | 16 | 1,898 | 1,389 | 1,137 | -568 | 1,353 | 349 | 1,297 |
Impairment of Goodwill | - | - | - | - | - | - | - | - | - | - | - | - | -119 | - | - | - | - | - | - | - |
Gain (Loss) on Sale of Investments | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | -7 | - | - | - |
Gain (Loss) on Sale of Assets | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 23 | 7 | 125 | 11 | 44 |
Asset Writedown | 181 | -112 | -42 | - | - | - | - | - | - | - | - | - | -132 | - | - | - | -2 | - | - | - |
Other Unusual Items | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | -48 |
Pretax Income | 196 | 2,111 | 1,142 | 1,550 | 545 | 1,912 | 1,478 | 1,294 | 800 | 1,729 | 921 | 896 | -235 | 1,898 | 1,389 | 1,160 | -570 | 1,478 | 360 | 1,293 |
Income Tax Expense | -145 | 404 | 289 | 280 | 79 | 377 | 290 | 223 | 4 | 297 | 98 | 97 | -96 | 414 | 304 | 173 | -283 | 372 | -12 | 190 |
Earnings From Continuing Ops. | 341 | 1,707 | 853 | 1,270 | 466 | 1,535 | 1,188 | 1,071 | 796 | 1,432 | 823 | 799 | -139 | 1,484 | 1,085 | 987 | -287 | 1,106 | 372 | 1,103 |
Minority Interest in Earnings | 75 | 4 | 27 | 64 | 68 | - | 15 | 58 | 59 | -10 | 15 | 63 | 52 | -12 | 22 | 45 | 72 | -5 | - | 32 |
Net Income | 416 | 1,711 | 880 | 1,334 | 534 | 1,535 | 1,203 | 1,129 | 855 | 1,422 | 838 | 862 | -87 | 1,472 | 1,107 | 1,032 | -215 | 1,101 | 372 | 1,135 |
Net Income to Common | 416 | 1,711 | 880 | 1,334 | 534 | 1,535 | 1,203 | 1,129 | 855 | 1,422 | 838 | 862 | -87 | 1,472 | 1,107 | 1,032 | -215 | 1,101 | 372 | 1,135 |
Net Income Growth | -22.10% | 11.47% | -26.85% | 18.16% | -37.54% | 7.95% | 43.56% | 30.97% | - | -3.40% | -24.30% | -16.47% | - | 33.70% | 197.58% | -9.07% | - | -11.99% | -39.22% | 30.76% |
Shares Outstanding (Basic) | 1,109 | 1,102 | 1,101 | 1,100 | 1,098 | 1,097 | 1,096 | 1,094 | 1,092 | 1,092 | 1,092 | 1,091 | 1,090 | 1,082 | 1,065 | 1,063 | 1,062 | 1,061 | 1,061 | 1,060 |
Shares Outstanding (Diluted) | 1,109 | 1,110 | 1,108 | 1,105 | 1,098 | 1,103 | 1,102 | 1,100 | 1,092 | 1,099 | 1,098 | 1,098 | 1,090 | 1,088 | 1,072 | 1,069 | 1,062 | 1,068 | 1,067 | 1,066 |
Shares Change (YoY) | 1.00% | 0.64% | 0.54% | 0.46% | 0.55% | 0.36% | 0.36% | 0.18% | 0.18% | 1.01% | 2.43% | 2.71% | 2.64% | 1.87% | 0.47% | 0.28% | 0.38% | 0.38% | 0.38% | -0.09% |
EPS (Basic) | 0.38 | 1.55 | 0.80 | 1.21 | 0.49 | 1.40 | 1.10 | 1.03 | 0.78 | 1.30 | 0.77 | 0.79 | -0.08 | 1.36 | 1.04 | 0.97 | -0.20 | 1.04 | 0.35 | 1.07 |
EPS (Diluted) | 0.38 | 1.54 | 0.79 | 1.21 | 0.48 | 1.39 | 1.09 | 1.03 | 0.78 | 1.29 | 0.76 | 0.79 | -0.08 | 1.35 | 1.03 | 0.97 | -0.20 | 1.03 | 0.35 | 1.06 |
EPS Growth | -22.13% | 10.79% | -27.52% | 17.48% | -38.47% | 7.75% | 43.42% | 30.38% | - | -4.44% | -26.21% | -18.56% | - | 31.07% | 194.29% | -8.49% | - | -12.71% | -39.49% | 30.86% |
Free Cash Flow | -1,688 | 559 | -619 | -1,187 | -576 | 1,305 | 563 | -459 | -721 | 177 | 8 | -1,006 | -1,136 | -851 | 193 | 173 | -1,276 | 339 | -44 | -436 |
Free Cash Flow Per Share | -1.52 | 0.50 | -0.56 | -1.07 | -0.53 | 1.18 | 0.51 | -0.42 | -0.66 | 0.16 | 0.01 | -0.92 | -1.04 | -0.78 | 0.18 | 0.16 | -1.20 | 0.32 | -0.04 | -0.41 |
Dividend Per Share | 0.740 | 0.740 | 0.740 | 0.720 | 0.720 | 0.720 | 0.720 | 0.700 | 0.700 | 0.700 | 0.700 | 0.680 | 0.680 | 0.680 | 0.680 | 0.660 | 0.660 | 0.660 | 0.660 | 0.640 |
Dividend Growth | 2.78% | 2.78% | 2.78% | 2.86% | 2.86% | 2.86% | 2.86% | 2.94% | 2.94% | 2.94% | 2.94% | 3.03% | 3.03% | 3.03% | 3.03% | 3.13% | 3.13% | 3.13% | 3.13% | 3.23% |
Profit Margin | 5.96% | 21.87% | 12.62% | 17.16% | 8.42% | 21.10% | 18.61% | 16.99% | 14.14% | 20.37% | 14.58% | 13.30% | -1.23% | 17.57% | 15.36% | 15.52% | -3.73% | 17.65% | 7.16% | 19.20% |
Free Cash Flow Margin | -24.18% | 7.15% | -8.88% | -15.27% | -9.08% | 17.94% | 8.71% | -6.91% | -11.93% | 2.54% | 0.14% | -15.53% | -16.12% | -10.16% | 2.68% | 2.60% | -22.13% | 5.43% | -0.85% | -7.38% |
EBITDA | 2,675 | 4,313 | 3,365 | 3,547 | 2,561 | 3,864 | 3,403 | 3,116 | 2,642 | 3,523 | 2,641 | 2,600 | 1,533 | 3,446 | 2,825 | 2,514 | 835 | 2,735 | 1,824 | 2,709 |
EBITDA Margin | 38.32% | 55.13% | 48.26% | 45.62% | 40.39% | 53.12% | 52.65% | 46.88% | 43.71% | 50.47% | 45.95% | 40.12% | 21.75% | 41.13% | 39.20% | 37.82% | 14.48% | 43.84% | 35.09% | 45.84% |
D&A For EBITDA | 1,786 | 1,453 | 1,407 | 1,384 | 1,350 | 1,344 | 1,311 | 1,261 | 1,287 | 1,263 | 1,203 | 1,233 | 980 | 1,089 | 1,006 | 989 | 1,029 | 995 | 985 | 964 |
EBIT | 889 | 2,860 | 1,958 | 2,163 | 1,211 | 2,520 | 2,092 | 1,855 | 1,355 | 2,260 | 1,438 | 1,367 | 553 | 2,357 | 1,819 | 1,525 | -194 | 1,740 | 839 | 1,745 |
EBIT Margin | 12.73% | 36.56% | 28.08% | 27.82% | 19.10% | 34.64% | 32.37% | 27.91% | 22.41% | 32.38% | 25.02% | 21.10% | 7.85% | 28.13% | 25.24% | 22.94% | -3.36% | 27.89% | 16.14% | 29.53% |
Effective Tax Rate | - | 19.14% | 25.31% | 18.07% | 14.49% | 19.72% | 19.62% | 17.23% | 0.50% | 17.18% | 10.64% | 10.83% | - | 21.81% | 21.89% | 14.91% | - | 25.17% | - | 14.70% |
Revenue as Reported | 6,981 | 7,823 | 6,973 | 7,775 | 6,341 | 7,274 | 6,463 | 6,646 | 6,045 | 6,980 | 5,748 | 6,480 | 7,047 | 8,378 | 7,206 | 6,648 | 5,767 | 6,238 | 5,198 | 5,910 |
Updated Feb 19, 2026. Source: S&P Global Market Intelligence. Utility template. Financial Sources.