Companies / Utilities
SO
Southern Company
Electric Utilities
Electric UtilitiesAnalysis in progress
In progress
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Business at a glance
Operating-health scores describe reported fundamentals on a 0–100 scale. They are not a rating of the stock. How they work
Operating health36
Growth44
Profitability71
Cash generation0
Balance sheet10
Dilution control55
Key ratios and five-year financials
Latest quarter revenue YoY (2026-03-31)8.0%Revenue growth (FY)10.6%Revenue CAGR (3y)0.3%Gross margin—Operating margin24.7%Net margin14.7%Free cash flow margin-9.9%R&D / revenue—Stock comp / revenue—Net debt / operating cash flow6.60xCurrent ratio0.65Diluted share count change0.6%
| Fiscal year ending | FY 2021-12 | FY 2022-12 | FY 2023-12 | FY 2024-12 | FY 2025-12 |
|---|---|---|---|---|---|
| Revenue | $23.1B | $29.3B | $25.3B | $26.7B | $29.6B |
| Operating income | $3.7B | $5.4B | $5.8B | $7.1B | $7.3B |
| Net income | $2.3B | $3.4B | $4.0B | $4.4B | $4.3B |
| Operating cash flow | $6.2B | $6.3B | $7.6B | $9.8B | $9.8B |
| Capital expenditure | $7.6B | $7.9B | $9.1B | $9.0B | $12.7B |
| Free cash flow | -$1.4B | -$1.6B | -$1.5B | $833M | -$2.9B |
| Dividends | $2.8B | $2.9B | $3.0B | $3.0B | $3.0B |
| Cash | $1.8B | $1.9B | $748M | $1.1B | $1.6B |
| Total debt | $51.6B | $53.3B | $59.5B | $60.1B | $66.4B |
| Equity | $27.9B | $30.4B | $31.4B | $33.2B | $36.0B |
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