The Southern Company (SO) Financial Statements
Historical financial data — 34 statements covering FY2016–FY2025
Southern is one of the largest utilities in the US. The company serves 9 million customers with vertically integrated electric utilities in three states and natural gas distribution utilities in fo...
The Southern Company's revenue increased 10.6% year over year, from $26.72B to $29.55B.
Net income decreased 1.4% over the same period, from $4.40B to $4.34B.
Over the 9-year period from FY2016 to FY2025, revenue grew by 49% in total.
Total debt increased by 10.4% to $66.37B.
The debt-to-equity ratio stands at 1.84, indicating a elevated leverage profile.
Operating cash flow grew 0.1% to $9.80B.
The Southern Company maintains a healthy net profit margin of 14.7%.
Recent Financial Statements
| Period | Revenue | Net Income | Gross Profit | EBIT | Op. Cash Flow | Total Assets | Total Debt | Equity |
|---|---|---|---|---|---|---|---|---|
| Q1 FY2023 | $6.48B-70.9% | $102.0M | $4.88B | $1.22B | $844.0M | $134.76B | $54.61B | $1.94B |
| Q2 FY2023 | $12.23B+88.7% | $187.0M | $9.89B | $2.51B | $2.90B | $137.12B | $56.78B | $1.95B |
| Q3 FY2023 | $19.21B+57.1% | $3.12B | $16.02B | $4.62B | $5.74B | $138.32B | $57.73B | $1.97B |
| Q1 FY2024 | $6.65B-65.4% | $1.13B | $4.84B | $1.70B | $1.31B | $140.12B | $61.81B | $2.01B |
| Q2 FY2024 | $13.11B+97.2% | $2.33B | $10.38B | $3.64B | $4.00B | $141.94B | $61.22B | $2.08B |
| Q3 FY2024 | $20.38B+55.5% | $3.87B | $16.77B | $6.01B | $7.62B | $143.96B | $61.98B | $2.12B |
| Q2 FY2025 | $14.75B-27.6% | $2.21B | $11.34B | $3.77B | $3.43B | $148.85B | $63.97B | $52.62B |
| Q3 FY2025 | $22.57B+53.1% | $3.92B | $18.19B | $6.37B | $7.21B | $153.25B | $64.77B | $53.63B |
Balance Sheet Summary (Latest Period)
Total Assets
$155.72B
Total Liabilities
$116.85B
Total Equity
$36.02B
Cash & Equivalents
$1.64B
Total Debt
$66.37B
Current Assets
$10.92B
Current Liabilities
$16.89B
Retained Earnings
$14.86B