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Investment Highlights Market Valuation Price Chart Return vs. Risk About SO Interactive Breakdown Better Bets vs. SO Latest Trefis Analyses Trade Ideas Recent Active Movers More From Trefis Peer Financials Peer Growth & Margins Peer Valuation Peer Returns Peer Analyses FDIC Bank Data Financials Segment Financials Price Behavior Short Interest Earnings Returns History SEC Filings Insider Activity Industry Resource Links External Quote Links

Southern (SO)

Market Price (10/24/2025): $96.17 | Market Cap: $105.8 Bil
Sector: Utilities | Industry: Electric Utilities

Southern (SO)

Market Price (10/24/2025): $96.17
Market Cap: $105.8 Bil
Sector: Utilities
Industry: Electric Utilities

Investment Highlights Why It Matters Which of these 2 stories sounds closer for this stock?

1. Generates cash flow

The stock generated 4% or more of the share price (called cash flow yield), and shows moderate 10-15% or more growth.

2. Riding a trend

Think Tesla during the pandemic of 2020 when EVs were riding a cultural high, or Nvidia in the current AI boom, or even Figma. These companies don’t have enough yield, or, enough growth, or both - however - they are riding a trend. They have momentum. These can be more volatile - they don’t have the floor of strong cash flow

0 Attractive yield
Total YieldTotal Yield = Earnings Yield + Dividend Yield, Earnings Yield = Net Income / Market Cap Dividend Yield = Total Dividends / Market Cap is 7.2%, Dividend Yield is 2.8%		 Trading close to highs
Dist 52W High is -3.6%, Dist 3Y High is -3.6%		 Debt is significant
Net D/ENet Debt/Equity. Debt net of cash. Negative indicates net cash. Equity is taken as the Market Capitalization is 64%
1 Attractive cash flow generation
CFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 35%, CFO LTM is 9.7 Bil		 Weak multi-year price returns
2Y Excs Rtn is -0.5%, 3Y Excs Rtn is -15%		 
2 Low stock price volatility
Vol 12M is 18%		  
0 Attractive yield
Total YieldTotal Yield = Earnings Yield + Dividend Yield, Earnings Yield = Net Income / Market Cap Dividend Yield = Total Dividends / Market Cap is 7.2%, Dividend Yield is 2.8%
1 Attractive cash flow generation
CFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 35%, CFO LTM is 9.7 Bil
2 Low stock price volatility
Vol 12M is 18%
3 Trading close to highs
Dist 52W High is -3.6%, Dist 3Y High is -3.6%
4 Weak multi-year price returns
2Y Excs Rtn is -0.5%, 3Y Excs Rtn is -15%
5 Debt is significant
Net D/ENet Debt/Equity. Debt net of cash. Negative indicates net cash. Equity is taken as the Market Capitalization is 64%

Market Valuation & Key Metrics

SOS&P 500
REVENUE GROWTHFAIR
Rev LTM ($ Bil)27.9
Rev Chg Q17.0%6.2%
Rev Chg LTM9.6%5.1%
Rev Chg 3Y Avg6.3%5.4%
PROFITABILITYGOOD
Op Inc LTM ($ Bil)7.4
CFO LTM ($ Bil)9.7
Net Inc LTM ($ Bil)4.6
Op Mgn LTM26.5%18.6%
CFO/Rev LTM34.9%20.4%
Net Inc Mgn16.5%12.7%
VALUATIONMODERATE
P/S3.83.2
P/CFO10.915.9
P/FCF1,007.521.1
P/E23.024.2
STABILITYPOOR
Debt/Equity0.660.21
Cash/Assets0.020.07

SO Stock

   
   
   
   
   
   
   

Return vs. Risk

Price Returns Compared

 202020212022202320242025Total [1]
Returns
SO Return1%16%8%2%23%20%94%
Peers Return-12%18%21%13%-11%21%54%
S&P 500 Return16%27%-19%24%23%15%106%

Monthly Win Rates [3]
SO Win Rate67%50%67%50%58%67% 
Peers Win Rate52%58%63%50%50%56% 
S&P 500 Win Rate58%75%42%67%75%67% 

Max Drawdowns [4]
SO Max Drawdown-32%-7%-8%-12%-5%-2% 
Peers Max Drawdown-32%-13%-14%-32%-23%-7% 
S&P 500 Max Drawdown-31%-1%-25%-1%-2%-15% 

[1] Cumulative total returns since the beginning of 2020
[2] Peers: EXC, FE, ES, HE, GNE. See SO Returns vs. Peers.
[3] Win Rate = % of calendar months in which monthly returns were positive
[4] Max drawdown represents maximum peak-to-trough decline within a year
[5] 2025 data is for the year up to 10/23/2025 (YTD)

How Low Can It Go

Unique KeyEventSOS&P 500
2022 Inflation Shock2022 Inflation Shock  
2022 Inflation Shock% Loss% Loss-23.3%-25.4%
2022 Inflation Shock% Gain to Breakeven% Gain to Breakeven30.3%34.1%
2022 Inflation ShockTime to BreakevenTime to Breakeven600 days464 days
2020 Covid Pandemic2020 Covid Pandemic  
2020 Covid Pandemic% Loss% Loss-39.0%-33.9%
2020 Covid Pandemic% Gain to Breakeven% Gain to Breakeven63.9%51.3%
2020 Covid PandemicTime to BreakevenTime to Breakeven732 days148 days
2018 Correction2018 Correction  
2018 Correction% Loss% Loss-18.6%-19.8%
2018 Correction% Gain to Breakeven% Gain to Breakeven22.9%24.7%
2018 CorrectionTime to BreakevenTime to Breakeven457 days120 days
2008 Global Financial Crisis2008 Global Financial Crisis  
2008 Global Financial Crisis% Loss% Loss-32.1%-56.8%
2008 Global Financial Crisis% Gain to Breakeven% Gain to Breakeven47.3%131.3%
2008 Global Financial CrisisTime to BreakevenTime to Breakeven783 days1480 days

Compare to EXC, FE, ES, HE, GNE


In The Past

Southern's stock fell -23.3% during the 2022 Inflation Shock from a high on 8/19/2022. A -23.3% loss requires a 30.3% gain to breakeven.

Preserve Wealth

Limiting losses and compounding gains is essential to preserving wealth over time.

Asset Allocation

Actively managed asset allocation strategies protect wealth. Learn more.

About Southern (SO)

Better Bets than Southern (SO)

 SOBetter Performance than SO
MetricValueIndustry (Electric Utilities)
Rev Chg LTM9.6%VST (31.6%), ES (14.4%), EMA (12.0%), TXNM (10.2%)
Rev Chg 3Y Avg6.3%CEG (6.8%), VST (22.4%), EXC (8.5%), PEG (7.0%), PPL (14.1%)
Op Mgn LTM26.5%DUK (26.9%), ETR (26.9%), FTS (28.9%), EIX (27.9%), OTTR (27.1%)
CFO/Rev LTM34.9%DUK (38.2%), ETR (38.5%), WEC (35.7%), FTS (36.4%), EVRG (36.1%)
FCF/Rev LTM0.4%VST (8.9%), WEC (1.6%), LNT (26.8%), OTTR (6.2%), MGEE (6.2%)
Total Yield7.2%AEP (9.1%), EXC (8.9%), PEG (7.8%), WEC (7.4%), FE (8.6%)
 SOBetter Performance than SO
MetricValueAll Other Sectors
Rev Chg LTM9.6%NVDA (71.6%), MSFT (14.9%), GOOGL (13.1%), AMZN (10.9%), META (19.4%)
Rev Chg 3Y Avg6.3%NVDA (92.0%), MSFT (12.5%), GOOGL (10.2%), AMZN (11.3%), META (13.0%)
Op Mgn LTM26.5%NVDA (58.1%), AAPL (31.9%), MSFT (45.6%), GOOGL (32.7%), META (42.9%)
CFO/Rev LTM34.9%NVDA (46.6%), MSFT (48.3%), GOOGL (36.0%), META (56.4%), AVGO (42.4%)
FCF/Rev LTM0.4%NVDA (43.6%), AAPL (23.5%), MSFT (25.4%), GOOGL (18.0%), AMZN (2.0%)
Total Yield7.2%XOM (9.6%), JNJ (8.1%), BABA (36.7%), UNH (8.9%), WFC (9.5%)
 Best Bets In Utilities Sector
 SOCWEN LNT MDU VST OGS OTTR BKH UGI MGEE OGE
What You Pay           
P/E23.048.921.218.727.220.011.516.817.124.118.9
P/EBIT12.813.015.419.117.411.28.68.98.617.610.9
What You Get           
Rev Chg Q17.0%7.1%7.5%1.9%10.5%19.7%-2.7%10.8%1.0%9.4%11.9%
Rev Chg LTM9.6%14.7%4.6%143.2%31.6%13.4%-3.7%3.3%-0.5%8.5%16.0%
Rev Chg 3Y Avg6.3%4.9%1.6%6.6%22.4%2.4%-2.7%2.6%-8.1%2.7%5.0%
FCF/Rev 3Y Avg-4.4%38.1%20.9%16.9%13.5%11.2%8.9%4.4%3.3%0.6%-0.6%

[1] Choosing top 10 best bets from each sector quarterly is an alpha producing strategy vs sector benchmark
[2] Historical annualized return of 9.3%, alpha of -0.5%, and sharpe of 0.48

Latest Trefis Analyses

TitleTopicDate
0DASHBOARDS  
1With Southern Stock Climbed 7.4% In A Month, How Confident Are You?Return 
2Southern vs Newmont: Which Is A Better Investment?Counter-Intuitive Comparisons 
3Southern vs NiSource: Which Is A Better Investment?Counter-Intuitive Comparisons 
4Better Bet Than SO Stock: Pay Less Than Southern To Get More From CCL, FTI   
5SO Dip Buy Analysis  
6SO YTD Stock Return Of 11% Outperforms DUK by 0.3% and Underperforms CEG by -29%Return 
7Southern (SO) Operating Cash Flow ComparisonFinancials 
8Southern (SO) Net Income ComparisonFinancials 
9Southern (SO) Operating Income ComparisonFinancials 
10Southern (SO) Revenue ComparisonFinancials 
11ARTICLES  
12S&P 500 Stocks Trading At 52-Week High October 13th, 2025
13After CEG’s 6.6% Climb in a Day, SO Looks Like the Stronger Long-Term Play October 2nd, 2025
14After CEG’s 6.4% Climb in a Day, SO Looks Like the Stronger Long-Term Play September 11th, 2025
15Big Move for HE, but Do SO’s Margins and Growth Give It the Edge? August 27th, 2025
16As CEG Surges 16% in a Month, SO’s Story Stands Out August 5th, 2025
Title
0DASHBOARDS
1S&P 500 Stocks Trading At 52-Week High
2After CEG’s 6.6% Climb in a Day, SO Looks Like the Stronger Long-Term Play
3After CEG’s 6.4% Climb in a Day, SO Looks Like the Stronger Long-Term Play
4Big Move for HE, but Do SO’s Margins and Growth Give It the Edge?
5As CEG Surges 16% in a Month, SO’s Story Stands Out
6ARTICLES
7With Southern Stock Climbed 7.4% In A Month, How Confident Are You?
8Southern vs Newmont: Which Is A Better Investment?
9Southern vs NiSource: Which Is A Better Investment?
10Better Bet Than SO Stock: Pay Less Than Southern To Get More From CCL, FTI 
11SO Dip Buy Analysis
12SO YTD Stock Return Of 11% Outperforms DUK by 0.3% and Underperforms CEG by -29%
13Southern (SO) Operating Cash Flow Comparison
14Southern (SO) Net Income Comparison
15Southern (SO) Operating Income Comparison
16Southern (SO) Revenue Comparison

Trade Ideas

Select past ideas related to SO. For more, see Trefis Trade Ideas.

Unique KeyDateTickerCompanyCategoryTrade Strategy6M Fwd Rtn12M Fwd Rtn12M Max DD
AES_9302025_Dip_Buyer_ValueBuy09302025AESAESDip BuyDB | P/E OPMDip Buy with Low PE and High Margin
Buying dips for companies with tame PE and meaningfully high operating margin		8.6%8.6%0.0%
VST_5312025_Quality_Momentum_RoomToRun_10%05312025VSTVistraQualityQ | Momentum | UpsideQuality Stocks with Momentum and Upside
Buying quality stocks with strong momentum but still having room to run		16.0%16.0%0.0%
SO_9302022_Quality_Momentum_RoomToRun_10%09302022SOSouthernQualityQ | Momentum | UpsideQuality Stocks with Momentum and Upside
Buying quality stocks with strong momentum but still having room to run		4.5%-0.9%-9.6%
SO_2292020_Quality_Momentum_RoomToRun_10%02292020SOSouthernQualityQ | Momentum | UpsideQuality Stocks with Momentum and Upside
Buying quality stocks with strong momentum but still having room to run		-11.1%-1.8%-28.4%
Unique KeyDateTickerCompanyCategoryTrade Strategy6M Fwd Rtn12M Fwd Rtn12M Max DD
AES_9302025_Dip_Buyer_ValueBuy09302025AESAESDip BuyDB | P/E OPMDip Buy with Low PE and High Margin
Buying dips for companies with tame PE and meaningfully high operating margin		8.6%8.6%0.0%
VST_5312025_Quality_Momentum_RoomToRun_10%05312025VSTVistraQualityQ | Momentum | UpsideQuality Stocks with Momentum and Upside
Buying quality stocks with strong momentum but still having room to run		16.0%16.0%0.0%
SO_9302022_Quality_Momentum_RoomToRun_10%09302022SOSouthernQualityQ | Momentum | UpsideQuality Stocks with Momentum and Upside
Buying quality stocks with strong momentum but still having room to run		4.5%-0.9%-9.6%
SO_2292020_Quality_Momentum_RoomToRun_10%02292020SOSouthernQualityQ | Momentum | UpsideQuality Stocks with Momentum and Upside
Buying quality stocks with strong momentum but still having room to run		-11.1%-1.8%-28.4%

Recent Active Movers

1 Week Top Gainers

#TickerCompany1W RtnYTD Rtn
1VICRVicor53.8%92.4%
2BETRBetter Home & Finance49.4%864.9%
3BALYBallys46.7%4.6%
4CLBCore Laboratories44.2%-4.7%
5LBRTLiberty Energy35.8%-16.8%
6CELCCelcuity34.3%439.1%
7WGOWinnebago Industries31.4%-14.3%
8CCOClear Channel Outdoor31.0%35.8%
9PMIPicard Medical28.2%20852.4%
10ISRGIntuitive Surgical26.8%5.6%

1 Week Top Losers

#TickerCompany1W RtnYTD Rtn
1ITGRInteger-28.3%-44.2%
2METCRamaco Resources-27.2%256.2%
3SESSES AI-24.5%8.2%
4SLIStandard Lithium-23.7%181.5%
5QBTSD-Wave Quantum-23.2%269.8%
6OKLOOklo-23.1%487.4%
7INBXInhibrx Biosciences-22.5%84.2%
8LENZLENZ Therapeutics-22.4%8.7%
9ASMAvino Silver & Gold Mines-21.6%476.6%
10SMRNuScale Power-21.2%109.5%

1 Month Top Gainers

#TickerCompany1M RtnYTD Rtn
1WOLFWolfspeed1232.9%344.3%
2PRAXPraxis Precision Medicines263.5%131.3%
3NVTSNavitas Semiconductor98.4%281.2%
4ORKAOruka Therapeutics77.7%39.9%
5GRALGRAIL77.4%363.0%
6VICRVicor76.1%92.4%
7UAMYUnited States Antimony75.9%562.7%
8PMIPicard Medical69.9%20852.4%
9BALYBallys68.8%4.6%
10SNDKSanDisk67.3% 

1 Month Top Losers

#TickerCompany1M RtnYTD Rtn
1FLYFirefly Aerospace-36.0% 
2SOCSable Offshore-35.6%-38.8%
3VGVenture Global-33.7% 
4FWRDForward Air-31.6%-41.2%
5NFENew Fortress Energy-31.1%-88.3%
6GOSSGossamer Bio-30.1%131.0%
7USNAUsana Health Sciences-28.6%-42.5%
8ITGRInteger-28.2%-44.2%
9RCReady Capital-27.5%-50.8%
10PSIXPower Solutions International-27.4%170.7%

Recent Active Movers

1 Week Top Gainers

#TickerCompany1W RtnYTD Rtn
1VICRVicor53.8%92.4%
2BETRBetter Home & Finance49.4%864.9%
3BALYBallys46.7%4.6%
4CLBCore Laboratories44.2%-4.7%
5LBRTLiberty Energy35.8%-16.8%
6CELCCelcuity34.3%439.1%
7WGOWinnebago Industries31.4%-14.3%
8CCOClear Channel Outdoor31.0%35.8%
9PMIPicard Medical28.2%20852.4%
10ISRGIntuitive Surgical26.8%5.6%

1 Week Top Losers

#TickerCompany1W RtnYTD Rtn
1ITGRInteger-28.3%-44.2%
2METCRamaco Resources-27.2%256.2%
3SESSES AI-24.5%8.2%
4SLIStandard Lithium-23.7%181.5%
5QBTSD-Wave Quantum-23.2%269.8%
6OKLOOklo-23.1%487.4%
7INBXInhibrx Biosciences-22.5%84.2%
8LENZLENZ Therapeutics-22.4%8.7%
9ASMAvino Silver & Gold Mines-21.6%476.6%
10SMRNuScale Power-21.2%109.5%

More From Trefis

Research & Analysis

Invest in Strategies

Wealth Management

Peer Comparisons for Southern

Financials

SOEXCFEESHEGNEMedian
NameSouthern Exelon FirstEne.Eversour.Hawaiian.Genie En. 
Mkt Price96.1547.6046.5273.8911.6515.4747.06
Mkt Cap105.848.026.827.22.00.427.0
Rev LTM27,85323,70014,05012,9912,91645713,521
Op Inc LTM7,3754,7342,6412,8475262,744
FCF LTM105-1,499-983-1,01317545-469
FCF 3Y Avg-1,230-2,372-1,291-1,76510060-1,261
CFO LTM9,7275,7773,5383,296497543,417
CFO 3Y Avg7,7674,8532,4662,488470682,477

Growth & Margins

SOEXCFEESHEGNEMedian
NameSouthern Exelon FirstEne.Eversour.Hawaiian.Genie En. 
Rev Chg LTM9.6%6.7%6.4%14.4%-4.4%3.8%6.6%
Rev Chg 3Y Avg6.3%8.5%6.7%6.6%-2.6%14.1%6.6%
Rev Chg Q17.0%11.1%3.0%12.0%-6.2%16.0%11.6%
QoQ Delta Rev Chg LTM4.2%2.9%0.7%2.4%-1.7%3.3%2.7%
Op Mgn LTM26.5%20.0%18.8%21.9%1.8%1.3%19.4%
Op Mgn 3Y Avg23.1%18.8%16.7%21.0%-13.4%7.0%17.7%
QoQ Delta Op Mgn LTM0.0%1.3%0.8%-0.0%57.9%-2.0%0.4%
CFO/Rev LTM34.9%24.4%25.2%25.4%17.0%11.8%24.8%
CFO/Rev 3Y Avg28.5%22.1%18.2%20.0%14.7%16.4%19.1%
FCF/Rev LTM0.4%-6.3%-7.0%-7.8%6.0%9.9%-3.0%
FCF/Rev 3Y Avg-4.4%-11.3%-9.7%-14.6%3.0%14.8%-7.1%

Valuation

SOEXCFEESHEGNEMedian
NameSouthern Exelon FirstEne.Eversour.Hawaiian.Genie En. 
Mkt Cap105.848.026.827.22.00.427.0
P/S3.82.01.92.10.70.92.0
P/EBIT12.89.69.311.022.627.611.9
P/E23.017.720.531.7-17.048.721.7
P/CFO10.98.37.68.34.07.57.9
Total Yield7.2%8.9%8.6%7.0%-5.9%2.1%7.1%
Dividend Yield2.8%3.2%3.7%3.9%0.0%0.0%3.0%
FCF Yield 3Y Avg-1.6%-6.1%-5.8%-8.0%2.2%14.2%-3.7%
D/E0.71.01.01.11.30.01.0
Net D/E0.61.00.91.11.2-0.21.0

Returns

SOEXCFEESHEGNEMedian
NameSouthern Exelon FirstEne.Eversour.Hawaiian.Genie En. 
1M Rtn2.6%7.6%6.2%6.4%1.4%1.7%4.4%
3M Rtn2.0%9.8%13.5%12.5%8.1%-23.4%8.9%
6M Rtn7.3%4.6%12.3%29.3%12.5%3.6%9.8%
12M Rtn5.5%21.2%9.5%15.5%19.9%-3.8%12.5%
3Y Rtn68.2%44.4%43.1%15.6%-65.7%84.0%43.7%
1M Excs Rtn0.3%6.1%4.0%5.4%1.2%-2.2%2.6%
3M Excs Rtn-3.8%3.7%6.6%6.7%1.9%-27.3%2.8%
6M Excs Rtn-15.5%-18.3%-10.5%6.4%-10.4%-19.3%-13.0%
12M Excs Rtn-7.9%6.9%-4.1%2.1%2.6%-17.7%-1.0%
3Y Excs Rtn-15.0%-39.4%-39.7%-70.3%-147.3%1.1%-39.6%

Comparison Analyses

Financials

$ Mil | FY: 12/312025Q12024Q42024Q32024Q22024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q2
Period End3/31/202512/31/20249/30/20246/30/20243/31/202412/31/20239/30/20236/30/20233/31/202312/31/20229/30/20226/30/2022
Filing Date5/1/20252/20/202510/31/20248/1/20245/2/20242/15/202411/2/20238/3/20234/27/20232/16/202310/27/20227/28/2022
Key Financials Quarterly            
Total Revenue7,7756,3417,2746,4636,6466,0456,9805,7486,4807,0478,3787,206
Ebitda3,6752,5883,9483,4833,2202,7213,6122,7342,7111,3073,5012,887
Operating Income2,0101,0582,3681,9391,7031,2072,1101,2901,2181382,1931,655
Net Income1,3345341,5351,2031,1298551,422838862-861,4751,111
EPS1.210.501.401.101.030.781.300.770.79-0.081.361.04
Key Financials TTM            
Total Revenue TTM27,85326,72426,42826,13425,41925,25326,25527,65329,11129,27927,99925,859
Ebitda TTM13,69413,23913,37213,03612,28711,77810,36410,25310,40610,3109,9519,378
Operating Income TTM7,3757,0687,2176,9596,3105,8254,7564,8395,2045,3475,0594,464
Net Income TTM4,6064,4014,7224,6094,2443,9773,0363,0893,3623,5363,4113,041
Growth Rates Quarterly            
Total Revenue Growth17.0%4.9%4.2%12.4%2.6%-14.2%-16.7%-20.2%-2.5%22.2%34.3%38.6%
EBITDA Growth14.1%-4.9%9.3%27.4%18.8%108.2%3.2%-5.3%3.7%37.9%19.6%60.5%
Operating Income Growth18.0%-12.3%12.2%50.3%39.8%774.6%-3.8%-22.1%-10.5%192.0%37.2%137.4%
Net Income Growth18.2%-37.5%7.9%43.6%31.0%1094.2%-3.6%-24.6%-16.8%59.2%33.5%195.5%
Margins Quarterly            
EBITDA Margin47.3%40.8%54.3%53.9%48.5%45.0%51.7%47.6%41.8%18.5%41.8%40.1%
Operating Income Margin25.9%16.7%32.6%30.0%25.6%20.0%30.2%22.4%18.8%2.0%26.2%23.0%
Net Income Margin17.2%8.4%21.1%18.6%17.0%14.1%20.4%14.6%13.3%-1.2%17.6%15.4%
Cash & Debt            
Total Cash2,3271,0701,0181,1527137481,6762,1231,0531,9172,0091,724
Total Debt70,12066,27765,08265,51965,24663,49062,30662,39560,55059,13556,65056,462
Net Debt / (Cash)67,79365,20764,06464,36764,53362,74260,63060,27259,49757,21854,64154,738
Cash Flows Quarterly            
FCF from Operations1,2502,1733,6162,6881,3111,8132,8402,0568441,2851,4381,987
Cash Flows TTM            
FCF from Operations TTM9,7279,7889,4288,6528,0207,5537,0255,6235,5546,3026,1056,844
Returns to Shareholders Quarterly            
Dividends736734733754733764765764742741741723
Share Repurchases-0-0-0-0-0-0-0-0-0-0-0-0
Return on Invested Capital (ROIC) Quarterly            
ROIC7.5%4.3%9.1%7.5%6.7%5.9%8.8%5.8%5.5%0.4%9.3%7.2%
Return on Invested Capital (ROIC) TTM            
ROIC TTM6.9%6.8%7.3%7.1%6.6%6.3%5.3%5.2%5.4%5.7%5.8%5.2%

Segment Financials

Revenue by Segment

$ Mil20242023202220212020
Traditional Electric Operating Companies18,35820,40816,61415,13515,569
Southern Company Gas4,7025,9624,3803,4343,792
Southern Power2,1893,3692,2161,7331,938
All Other718593582596690
Eliminations-165-149-149-152-158
Electric Utilities-Eliminations-549-904-530-371-412
Total25,25329,27923,11320,37521,419


Net Income by Segment
$ Mil20242023202220212020
Traditional Electric Operating Companies3,6373,3181,9812,8772,929
Southern Company Gas615572539590585
Southern Power357354266238339
Eliminations2-9-96-22
Electric Utilities-Eliminations000  
All Other-635-711-384-592908
Total3,9763,5242,3933,1194,739


Assets by Segment
$ Mil20242023202220212020
Traditional Electric Operating Companies100,42995,86189,05185,48681,063
Southern Company Gas25,08324,62123,56022,63021,687
Southern Power12,76113,08113,39013,23514,300
All Other2,4462,6652,9753,1683,511
Electric Utilities-Eliminations-545-659-667-680-713
Eliminations-843-678-775-904-1,148
Total139,331134,891127,534122,935118,700


Price Behavior

SO Betas & Captures as of 9/30/2025

 1M2M3M6M1Y3Y
Beta0.130.050.060.110.050.26
Up Beta0.770.28-0.040.020.040.27
Down Beta-0.52-0.31-0.280.180.080.19
Up Capture34%9%25%16%5%9%
Bmk +ve Days13233574144420
Stock +ve Days13223567135397
Down Capture-22%2%9%20%-1%47%
Bmk -ve Days8192952107330
Stock -ve Days8202958115352

[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively

Short Interest

Short Interest: As Of Date9302025
Short Interest: Shares Quantity38,006,947
Short Interest: % Change Since 915202515.4%
Average Daily Volume6,328,410
Days-to-Cover Short Interest6.01
Basic Shares Quantity1,100,000,000
Short % of Basic Shares3.5%

Returns Analyses

SEC Filings

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Report DateFiling DateFiling
6302025731202510-Q 6/30/2025
3312025501202510-Q 3/31/2025
12312024220202510-K 12/31/2024
93020241031202410-Q 9/30/2024
6302024801202410-Q 6/30/2024
3312024502202410-Q 3/31/2024
12312023215202410-K 12/31/2023
93020231102202310-Q 9/30/2023
6302023803202310-Q 6/30/2023
3312023427202310-Q 3/31/2023
12312022216202310-K 12/31/2022
93020221027202210-Q 9/30/2022
6302022728202210-Q 6/30/2022
3312022428202210-Q 3/31/2022
12312021217202210-K 12/31/2021
93020211104202110-Q 9/30/2021

Insider Activity

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 OwnerTitleFiling DateActionPriceSharesTransacted
Value		Value of
Held Shares		Form
0Spainhour Sterling A Jr.EVP & CLO8122025Sell95.022,380226,1481,651,638Form
1Greene Kimberly S,Chairman, President & CEO, GPC7222025Sell95.0013,1581,250,0108,897,795Form
2Cummiskey ChristopherEVP5272025Sell89.5412,3351,104,4762,014,869Form
3Connally Stan WEVP & COO4012025Sell92.2412,5001,153,00013,782,409Form
4Greene Kimberly S,Chairman, President & CEO, GPC3112025Sell93.1232,1902,997,5339,946,985Form

Industry Resources

External Quote Links


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