Southern Company (The) (SO) Financial Statements

Southern Company (The)

SO · NYSE

	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2018
Total Revenue	$28.94B	$26.76B	$24.83B	$25.94B	$23.46B	$21.10B	$22.60B	$25.24B
Operating Expenses	$22.27B	$19.66B	$19.43B	$23.91B	$19.41B	$15.49B	$13.68B	$19.30B
Operating Income	$7.29B	$7.07B	$5.83B	$5.37B	$3.70B	$4.88B	$7.74B	$4.19B
Other Income / (Expense)	-$2.29B	-$1.84B	-$1.48B	-$1.15B	-$1.12B	-$1.39B	-$1.19B	-$1.44B
Income Before Taxes	$5.00B	$5.23B	$4.34B	$4.22B	$2.58B	$3.50B	$6.54B	$2.75B
Provision for Income Taxes	$828.00M	$969.00M	$496.00M	$795.00M	$267.00M	$393.00M	$1.80B	$449.00M
Net Income	$4.34B	$4.40B	$3.98B	$3.43B	$2.31B	$3.10B	$4.74B	$2.30B
Basic EPS	$3.94	$4.02	$3.64	$3.28	$2.26	$2.95	$4.53	$2.18
Diluted EPS	$3.92	$3.99	$3.62	$3.26	$2.24	$2.93	$4.50	$2.17
Basic Shares Outstanding	1.10B	1.10B	1.09B	1.07B	1.06B	1.06B	1.05B	1.02B
Diluted Shares Outstanding	1.11B	1.10B	1.10B	1.08B	1.07B	1.06B	1.05B	1.02B

Analyst Estimates

Period	Consensus EPS	Low	High	Estimates	Revisions
Dec 2026	$4.58	$4.55	$4.60	13	↑3 ↓0
Dec 2027	$4.92	$4.84	$4.96	14	↑1 ↓2
Dec 2028	$5.33	$5.16	$5.45	6	↑2 ↓0
Dec 2029	$5.62	$5.48	$5.75	2	↑1 ↓0

Forward estimates are the sell-side consensus reported by Nasdaq, not a metir forecast.

Symbol: SO
Type: Stock
Sector: Utilities
Industry: Electric Utilities: Central
Country: North America
Exchange: NYSE

Southern Company (NYSE: SO) is a leading energy provider serving 9 million customers across the Southeast and beyond through its family of companies. The company has electric operating companies in three states, natural gas distribution companies in four states, a competitive generation company, a leading distributed energy solutions provider with national capabilities, a fiber optics network and telecommunications services. Our uncompromising values ensure we put the needs of those we serve at the center of everything we do and are the key to our sustained success, driven by nearly 30,000 employees dedicated to delivering exceptional service.

Key Issues

Bullish view

Data-center demand rose 55%, while customer growth and higher electricity usage helped Southern exceed its second-quarter adjusted earnings estimate. Management also expects full-year earnings near the top of guidance.

Bearish view

Second-quarter revenue still missed expectations, so stronger data-center demand may not yet be translating into sufficient company-wide growth. The evidence does not establish how durable or profitable the demand increase will be.

Analyst Consensus

See all

Hold

21 analysts

$93

Current

—

Low

$103

Average

—

High

Average target implies +11.29% versus the current price.

Earnings History

BeatMissNo estimate

Peers

NextEra Energy, Inc.NEE · NYSE$85.71