SO
Southern Company
NYSE: SO · UTILITIES · UTILITIES - REGULATED ELECTRIC
$96.70
+3.41% today
Updated 2026-04-29
Market cap
$105.39B
P/E ratio
23.85
P/S ratio
3.57x
EPS (TTM)
$3.92
Dividend yield
3.13%
52W range
$80 – $100
Volume
5.4M
Southern Company (SO) Financial statements
SEC filings — annual and quarterly data.
Income statement — annual
| Item | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $14.36B | $15.35B | $17.13B | $15.74B | $17.46B | $17.66B | $16.54B | $17.09B | $18.47B | $17.49B | $19.90B | $23.03B | $23.50B | $21.42B | $20.38B | $23.11B | $29.28B | $25.25B | $26.72B | $29.55B |
| Revenue growth (YoY) | — | +6.9% | +11.6% | -8.1% | +10.9% | +1.2% | -6.3% | +3.3% | +8.1% | -5.3% | +13.8% | +15.8% | +2.0% | -8.8% | -4.9% | +13.4% | +26.7% | -13.8% | +5.8% | +10.6% |
| Cost of revenue | $5.70B | $6.37B | $7.63B | $6.43B | $7.26B | $10.81B | $9.37B | $9.82B | $11.03B | $9.81B | $11.37B | $13.12B | $13.88B | $11.82B | $10.48B | $12.87B | $18.65B | $13.54B | $13.38B | $20.74B |
| Gross profit | $8.66B | $8.98B | $9.49B | $9.32B | $10.19B | $6.85B | $7.16B | $7.27B | $7.44B | $7.68B | $8.53B | $9.91B | $9.62B | $9.60B | $9.90B | $10.25B | $10.63B | $11.71B | $13.34B | $8.81B |
| Gross margin | 60.3% | 58.5% | 55.4% | 59.2% | 58.4% | 38.8% | 43.3% | 42.5% | 40.3% | 43.9% | 42.9% | 43.1% | 40.9% | 44.8% | 48.6% | 44.3% | 36.3% | 46.4% | 49.9% | 29.8% |
| R&D | — | — | — | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | — | — | — | — | — | — | — |
| SG&A | — | — | — | $202.00M | $0.00 | $0.00 | $0.00 | $934.00M | $981.00M | $997.00M | $235.00M | $1.25B | $1.61B | $3.80B | $1.23B | $1.29B | $1.41B | — | — | — |
| Operating income | $3.22B | $3.33B | $3.51B | $3.47B | $3.80B | $4.23B | $4.46B | $3.25B | $3.64B | $4.28B | $4.49B | $2.33B | $4.19B | $7.74B | $4.88B | $3.70B | $5.37B | $5.83B | $7.07B | $7.27B |
| Operating margin | 22.5% | 21.7% | 20.5% | 22.0% | 21.8% | 24.0% | 27.0% | 19.0% | 19.7% | 24.5% | 22.5% | 10.1% | 17.8% | 36.1% | 24.0% | 16.0% | 18.3% | 23.1% | 26.4% | 24.6% |
| EBITDA | $4.64B | $4.94B | $5.29B | $5.30B | $5.79B | $6.39B | $6.75B | $5.68B | $6.14B | $6.86B | $7.72B | $6.22B | $8.14B | $11.61B | $9.22B | $8.39B | $10.31B | $11.78B | $13.24B | $14.33B |
| EBITDA margin | 32.3% | 32.2% | 30.9% | 33.6% | 33.2% | 36.2% | 40.8% | 33.2% | 33.2% | 39.2% | 38.8% | 27.0% | 34.6% | 54.2% | 45.3% | 36.3% | 35.2% | 46.6% | 49.5% | 48.5% |
| EBIT | $3.22B | $3.46B | $3.59B | $3.51B | $3.96B | $4.34B | $4.61B | $3.38B | $3.84B | $4.47B | $4.80B | $2.76B | $4.59B | $8.28B | $5.32B | $4.41B | $6.25B | $6.79B | $7.97B | $8.30B |
| Interest expense | $866.00M | $886.00M | $866.00M | $905.00M | $895.00M | $857.00M | $859.00M | $824.00M | $835.00M | $840.00M | $1.32B | $1.69B | $1.84B | $1.74B | $1.82B | $1.84B | $2.02B | $2.45B | $2.74B | $3.31B |
| Income tax | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Effective tax rate | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Net income | $1.57B | $1.73B | $1.81B | $1.71B | $2.04B | $2.27B | $2.42B | $1.71B | $2.03B | $2.42B | $2.49B | $880.00M | $2.24B | $4.75B | $3.13B | $2.41B | $3.54B | $3.98B | $4.40B | $4.34B |
| Net income growth (YoY) | — | +10.2% | +4.2% | -5.5% | +19.4% | +11.2% | +6.5% | -29.2% | +18.8% | +19.2% | +3.0% | -64.7% | +154.8% | +112.0% | -34.1% | -23.2% | +46.8% | +12.5% | +10.7% | -1.4% |
| Profit margin | 11.0% | 11.3% | 10.6% | 10.8% | 11.7% | 12.8% | 14.6% | 10.0% | 11.0% | 13.8% | 12.5% | 3.8% | 9.5% | 22.2% | 15.4% | 10.4% | 12.1% | 15.7% | 16.5% | 14.7% |