Southern Financial Statements From 2010 to 2025

SO Stock  USD 90.54  0.16  0.18%   
Southern financial statements provide useful quarterly and yearly information to potential Southern Company investors about the company's current and past financial position, as well as its overall management performance and changes in financial position over time. Historical trend examination of various income statement and balance sheet accounts found on Southern financial statements helps investors assess Southern's valuation, profitability, and current liquidity needs. Key fundamental drivers impacting Southern's valuation are summarized below:
Gross Profit
13.3 B
Profit Margin
0.1647
Market Capitalization
99.1 B
Enterprise Value Revenue
6.1494
Revenue
26.7 B
We have found one hundred twenty available fundamental trend indicators for Southern Company, which can be analyzed and compared to other ratios and to its competition. Self-guided Investors are advised to double-check Southern's current fundamentals against the trend between 2010 and 2025 to make sure the company can sustain itself down the road. As of the 17th of March 2025, Market Cap is likely to grow to about 41.8 B, while Enterprise Value is likely to drop about 47.8 B.

Southern Total Revenue

15.92 Billion

Check Southern financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Southern's main balance sheet or income statement drivers, such as Total Revenue of 15.9 B, Gross Profit of 21.6 B or Operating Income of 3.6 B, as well as many indicators such as Price To Sales Ratio of 3.54, Dividend Yield of 0.0586 or PTB Ratio of 1.53. Southern financial statements analysis is a perfect complement when working with Southern Valuation or Volatility modules.
  
Check out the analysis of Southern Correlation against competitors.

Southern Balance Sheet

Current ValueLast YearHistorical Average 10 Year Trend
Common Stock Shares Outstanding856.4 M1.1 B953.9 M
Slightly volatile
Total Assets74.8 B145.2 B97.8 B
Slightly volatile
Short and Long Term Debt Total64.6 B61.6 B42.4 B
Slightly volatile
Other Current Liabilities10.7 B10.2 B4.2 B
Slightly volatile
Total Current Liabilities8.6 B16 B10.6 B
Slightly volatile
Total Stockholder Equity19.3 B33.2 B23.9 B
Slightly volatile
Property Plant And Equipment Net55.3 B106.7 B72.4 B
Slightly volatile
Net Debt64.6 B61.6 B41.3 B
Slightly volatile
Retained Earnings8.4 B13.8 B9.9 B
Slightly volatile
Accounts Payable3.9 B3.7 B2.5 B
Slightly volatile
Cash919.3 M1.1 B1.2 B
Slightly volatile
Non Current Assets Total68.3 B134.5 B89.8 B
Slightly volatile
Non Currrent Assets Other19.1 B18.2 B10.1 B
Slightly volatile
Cash And Short Term Investments919.3 M1.1 B1.2 B
Slightly volatile
Net Receivables2.5 B4.3 B2.9 B
Slightly volatile
Common Stock Total Equity5.9 B6.2 BB
Slightly volatile
Liabilities And Stockholders Equity74.8 B145.2 B97.8 B
Slightly volatile
Non Current Liabilities Total97.1 B92.5 B64.3 B
Slightly volatile
Inventory1.9 B3.4 B2.4 B
Slightly volatile
Other Current Assets2.1 BB1.1 B
Slightly volatile
Other Stockholder Equity7.2 B14.1 B9.5 B
Slightly volatile
Total Liabilities54.3 B108.5 B71.8 B
Slightly volatile
Property Plant And Equipment Gross154.2 B146.9 B87.5 B
Slightly volatile
Total Current Assets6.5 B10.7 BB
Slightly volatile
Short Term Debt1.5 B1.5 B3.9 B
Pretty Stable
Common Stock5.9 B5.4 B4.9 B
Slightly volatile
Current Deferred Revenue362.2 M486 M435 M
Slightly volatile
Other Liabilities39.1 B37.2 B23.3 B
Slightly volatile
Other Assets25.8 B24.6 B14.6 B
Slightly volatile
Long Term Debt61.7 B58.8 B27.5 B
Slightly volatile
Preferred Stock Total Equity354 M372.6 M640.3 M
Slightly volatile
Property Plant Equipment57 B108.8 B71.1 B
Slightly volatile
Net Tangible Assets27.7 B35 B25.3 B
Slightly volatile
Warrants415.2 M669.3 M419.8 M
Slightly volatile
Long Term Debt Total42.1 B58.3 B37.3 B
Slightly volatile
Capital Surpluse10.8 B15.7 B9.6 B
Slightly volatile
Long Term Investments7.5 BBB
Slightly volatile
Short and Long Term Debt5.4 B6.1 B4.5 B
Slightly volatile
Capital Lease Obligations1.2 B1.5 B717.9 M
Slightly volatile
Non Current Liabilities Other1.8 BB2.4 B
Slightly volatile
Cash And Equivalents1.4 B1.7 B1.8 B
Slightly volatile
Net Invested Capital90.6 B98 B79.6 B
Slightly volatile
Capital Stock4.4 B5.4 B5.4 B
Slightly volatile

Southern Income Statement

Current ValueLast YearHistorical Average 10 Year Trend
Total Revenue15.9 B26.7 B20.2 B
Slightly volatile
Gross Profit21.6 B20.5 B10.4 B
Slightly volatile
Operating Income3.6 B7.1 B4.6 B
Pretty Stable
EBIT8.4 BB5.1 B
Slightly volatile
EBITDA6.9 B13.2 B7.8 B
Slightly volatile
Net Income4.6 B4.4 B2.8 B
Slightly volatile
Depreciation And Amortization5.5 B5.3 B3.2 B
Slightly volatile
Interest Expense2.9 B2.7 B1.6 B
Slightly volatile
Other Operating Expenses14.4 B25.8 B16.4 B
Slightly volatile
Cost Of Revenue9.4 B6.2 B10.9 B
Slightly volatile
Total Operating Expenses20.6 B19.7 B6.5 B
Slightly volatile
Income Before TaxB5.2 B3.4 B
Slightly volatile
Net Income Applicable To Common Shares2.2 B4.1 B2.5 B
Slightly volatile
Extraordinary Items32.8 M34.5 M131 M
Slightly volatile
Net Income From Continuing OpsB4.3 B2.6 B
Slightly volatile
Non Operating Income Net Other1.1 BB451.5 M
Slightly volatile
Preferred Stock And Other Adjustments9.4 M9.9 M35.8 M
Slightly volatile
Tax Provision588.3 M969 M869.5 M
Slightly volatile
Interest Income1.7 B2.2 B1.4 B
Slightly volatile
Reconciled Depreciation4.4 B5.3 B3.8 B
Slightly volatile
Non Recurring134.6 M225.9 M206.4 M
Slightly volatile

Southern Cash Flow Statement

Current ValueLast YearHistorical Average 10 Year Trend
Begin Period Cash Flow886.4 M921 M1.2 B
Slightly volatile
Dividends Paid1.8 BB2.2 B
Slightly volatile
Capital Expenditures5.1 BB6.6 B
Slightly volatile
Total Cash From Operating Activities10.3 B9.8 B6.4 B
Slightly volatile
Net Income2.2 B4.3 B2.6 B
Slightly volatile
End Period Cash Flow929.8 M1.1 B1.3 B
Slightly volatile
Stock Based Compensation79.5 M132 M103.1 M
Slightly volatile
Depreciation5.5 B5.3 B3.3 B
Slightly volatile
Issuance Of Capital Stock135.8 M143 M807.4 M
Slightly volatile

Financial Ratios

Current ValueLast YearHistorical Average 10 Year Trend
Price To Sales Ratio3.543.37612.5222
Slightly volatile
Dividend Yield0.05860.03270.0473
Slightly volatile
PTB Ratio1.532.71692.0694
Slightly volatile
Days Sales Outstanding39.7858.579750.2737
Slightly volatile
Book Value Per Share16.8233.461725.9632
Slightly volatile
Operating Cash Flow Per Share9.388.93076.4337
Slightly volatile
Stock Based Compensation To Revenue0.00310.00490.0044
Slightly volatile
Capex To Depreciation1.621.70052.0961
Pretty Stable
PB Ratio1.532.71692.0694
Slightly volatile
EV To Sales5.965.67964.4363
Slightly volatile
ROIC0.0470.0440.0388
Slightly volatile
Inventory Turnover1.741.83294.3478
Very volatile
Net Income Per Share4.224.01552.7941
Slightly volatile
Days Of Inventory On Hand20919997.2552
Slightly volatile
Payables Turnover1.591.66854.7238
Slightly volatile
Sales General And Administrative To Revenue0.01020.01150.0126
Slightly volatile
Capex To Revenue0.210.33510.3146
Pretty Stable
Cash Per Share0.90.621.5906
Pretty Stable
POCF Ratio6.089.21778.3078
Slightly volatile
Interest Coverage4.042.57673.3909
Slightly volatile
Payout Ratio0.680.67120.9413
Very volatile
Capex To Operating Cash Flow0.790.91491.0714
Slightly volatile
Days Payables Outstanding23021994.3966
Slightly volatile
Income Quality1.882.29772.5997
Pretty Stable
ROE0.130.13250.11
Pretty Stable
EV To Operating Cash Flow10.515.506914.5483
Slightly volatile
PE Ratio11.8620.500520.5922
Pretty Stable
Return On Tangible Assets0.03410.03150.0238
Pretty Stable
Earnings Yield0.04630.04880.0635
Slightly volatile
Net Debt To EBITDA3.154.65024.7022
Slightly volatile
Current Ratio0.620.66870.7705
Slightly volatile
Tangible Book Value Per Share27.0328.4498174
Slightly volatile
Receivables Turnover8.436.23087.5445
Slightly volatile
Graham Number54.9452.321239.0702
Slightly volatile
Shareholders Equity Per Share15.9430.299323.9982
Slightly volatile
Debt To Equity1.141.85371.5843
Slightly volatile
Capex Per Share4.128.17066.62
Slightly volatile
Revenue Per Share14.3624.383220.7042
Slightly volatile
Interest Debt Per Share61.658.669743.4226
Slightly volatile
Debt To Assets0.30.4240.3925
Slightly volatile
Enterprise Value Over EBITDA7.5211.465611.0129
Slightly volatile
Short Term Coverage Ratios6.686.36412.2105
Slightly volatile
Price Earnings Ratio11.8620.500520.5922
Pretty Stable
Operating Cycle271258149
Slightly volatile
Price Book Value Ratio1.532.71692.0694
Slightly volatile
Days Of Payables Outstanding23021994.3966
Slightly volatile
Dividend Payout Ratio0.680.67120.9413
Very volatile
Price To Operating Cash Flows Ratio6.089.21778.3078
Slightly volatile
Pretax Profit Margin0.130.19570.1699
Pretty Stable
Ebt Per Ebit0.580.73980.7533
Pretty Stable
Operating Profit Margin0.250.26450.2221
Pretty Stable
Effective Tax Rate0.180.18530.2399
Slightly volatile
Company Equity Multiplier2.964.37183.9315
Slightly volatile
Long Term Debt To Capitalization0.430.64380.5699
Slightly volatile
Total Debt To Capitalization0.460.64960.5998
Slightly volatile
Return On Capital Employed0.07930.05470.0566
Slightly volatile
Debt Equity Ratio1.141.85371.5843
Slightly volatile
Ebit Per Revenue0.250.26450.2221
Pretty Stable
Quick Ratio0.590.4580.535
Very volatile
Dividend Paid And Capex Coverage Ratio0.840.82190.7139
Slightly volatile
Net Income Per E B T0.580.84170.748
Slightly volatile
Cash Ratio0.080.050.1135
Pretty Stable
Cash Conversion Cycle61.0138.955455.7466
Slightly volatile
Operating Cash Flow Sales Ratio0.210.36630.2931
Pretty Stable
Days Of Inventory Outstanding20919997.2552
Slightly volatile
Days Of Sales Outstanding39.7858.579750.2737
Slightly volatile
Cash Flow Coverage Ratios0.210.1590.1743
Slightly volatile
Price To Book Ratio1.532.71692.0694
Slightly volatile
Fixed Asset Turnover0.410.25040.301
Slightly volatile
Capital Expenditure Coverage Ratio1.181.0930.9656
Slightly volatile
Price Cash Flow Ratio6.089.21778.3078
Slightly volatile
Enterprise Value Multiple7.5211.465611.0129
Slightly volatile
Debt Ratio0.30.4240.3925
Slightly volatile
Cash Flow To Debt Ratio0.210.1590.1743
Slightly volatile
Price Sales Ratio3.543.37612.5222
Slightly volatile
Return On Assets0.03590.03030.0284
Pretty Stable
Asset Turnover0.310.18410.2266
Slightly volatile
Net Profit Margin0.0960.16470.1264
Pretty Stable
Gross Profit Margin0.540.76890.4754
Pretty Stable
Price Fair Value1.532.71692.0694
Slightly volatile
Return On Equity0.130.13250.11
Pretty Stable

Southern Valuation Data

Current ValueLast YearHistorical Average 10 Year Trend
Market Cap41.8 B39.8 B39.7 B
Slightly volatile
Enterprise Value47.8 B61.6 B63.9 B
Pretty Stable

Southern Fundamental Market Drivers

Forward Price Earnings21.0084
Cash And Short Term Investments1.1 B

Southern Upcoming Events

15th of February 2024
Upcoming Quarterly Report
View
25th of April 2024
Next Financial Report
View
31st of December 2023
Next Fiscal Quarter End
View
15th of February 2024
Next Fiscal Year End
View
30th of September 2023
Last Quarter Report
View
31st of December 2022
Last Financial Announcement
View

About Southern Financial Statements

Southern investors utilize fundamental indicators, such as revenue or net income, to predict how Southern Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
Last ReportedProjected for Next Year
Current Deferred Revenue486 M362.2 M
Total Revenue26.7 B15.9 B
Cost Of Revenue6.2 B9.4 B
Sales General And Administrative To Revenue 0.01  0.01 
Capex To Revenue 0.34  0.21 
Revenue Per Share 24.38  14.36 
Ebit Per Revenue 0.26  0.25 

Pair Trading with Southern

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Southern position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Southern will appreciate offsetting losses from the drop in the long position's value.

Moving together with Southern Stock

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Moving against Southern Stock

  0.6EDN Empresa DistribuidoraPairCorr
  0.57EIX Edison InternationalPairCorr
  0.53PCG PGE Corp Aggressive PushPairCorr
  0.43CMS-PC CMS EnergyPairCorr
  0.34GNE Genie EnergyPairCorr
The ability to find closely correlated positions to Southern could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Southern when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Southern - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Southern Company to buy it.
The correlation of Southern is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Southern moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Southern moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Southern can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
Check out the analysis of Southern Correlation against competitors.
You can also try the Top Crypto Exchanges module to search and analyze digital assets across top global cryptocurrency exchanges.
Is Electric Utilities space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Southern. If investors know Southern will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Southern listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.39)
Dividend Share
2.86
Earnings Share
3.99
Revenue Per Share
24.383
Quarterly Revenue Growth
0.049
The market value of Southern is measured differently than its book value, which is the value of Southern that is recorded on the company's balance sheet. Investors also form their own opinion of Southern's value that differs from its market value or its book value, called intrinsic value, which is Southern's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Southern's market value can be influenced by many factors that don't directly affect Southern's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Southern's value and its price as these two are different measures arrived at by different means. Investors typically determine if Southern is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Southern's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.