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Southern Co
(NYSE:SO)
Southern Co (SO) vs. SPDR S&P 500 ETF (SPY)
Southern Co Business Overview & Revenue Model
Southern Co Key Performance Indicators (KPIs)
Monitors electricity sales across different customer segments, highlighting demand trends and potential growth areas within residential, commercial, or industrial markets.
Main Street DataSouthern Co Earnings Call Summary
Southern Co Financial Statement Overview
| Breakdown | TTM | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 27.85B | 26.72B | 25.25B | 29.28B | 23.11B | 20.38B |
| Gross Profit | 12.65B | 13.34B | 11.71B | 10.82B | 10.06B | 9.90B |
| EBITDA | 13.58B | 13.20B | 11.74B | 9.97B | 8.31B | 9.20B |
| Net Income | 4.61B | 4.40B | 3.98B | 3.54B | 2.41B | 3.13B |
Balance Sheet | ||||||
| Total Assets | 148.11B | 145.18B | 139.33B | 134.89B | 127.53B | 122.94B |
| Cash, Cash Equivalents and Short-Term Investments | 2.33B | 1.07B | 748.00M | 1.92B | 1.80B | 1.06B |
| Total Debt | 70.12B | 66.28B | 63.49B | 59.13B | 55.47B | 51.04B |
| Total Liabilities | 110.89B | 108.51B | 104.11B | 100.36B | 94.97B | 90.41B |
| Stockholders Equity | 33.84B | 33.21B | 31.44B | 30.41B | 28.16B | 28.26B |
Cash Flow | ||||||
| Free Cash Flow | -39.00M | 833.00M | -1.54B | -1.62B | -1.07B | -745.00M |
| Operating Cash Flow | 9.73B | 9.79B | 7.55B | 6.30B | 6.17B | 6.70B |
| Investing Cash Flow | -9.86B | -9.40B | -9.67B | -8.43B | -7.35B | -7.03B |
| Financing Cash Flow | 1.63B | -208.00M | 999.00M | 2.34B | 1.95B | -576.00M |
Southern Co Technical Analysis
Southern Co Risk Analysis
Southern Co Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
74 Outperform | $93.08B | 19.93 | 9.48% | 3.49% | 5.02% | 45.08% | |
73 Outperform | $44.15B | 16.13 | 10.10% | 3.55% | 6.71% | 16.09% | |
73 Outperform | $148.21B | 25.37 | 11.84% | 3.01% | 18.80% | -6.73% | |
70 Outperform | $104.41B | 22.81 | 14.01% | 3.05% | 9.58% | 8.02% | |
69 Neutral | $50.10B | 21.87 | 8.22% | 4.54% | 3.62% | 40.33% | |
68 Neutral | $58.21B | 21.01 | 10.41% | 3.37% | 4.20% | -3.64% | |
67 Neutral | $16.88B | 17.11 | 4.48% | 3.27% | 4.75% | 6.12% |
Southern Co Corporate Events
On July 21, 2025, Southern Company announced significant leadership changes with the election of Mr. John M. Turner, Jr. as a new director, effective September 1, 2025, and the appointment of Matthew M. Kim as Comptroller, effective July 31, 2025. Mr. Turner, who has been with Regions Financial Corporation since 2017, will join Southern Company’s Board of Directors, while Mr. Kim, who has been with the company in various roles since 2015, will assume his new role with a base salary of $425,000 and specific incentive compensation targets.
The most recent analyst rating on (SO) stock is a Buy with a $96.00 price target. To see the full list of analyst forecasts on Southern Co stock, see the SO Stock Forecast page.
On July 10, 2025, Southern Company announced the appointment of David P. Poroch as the new Executive Vice President and Chief Financial Officer, effective July 31, 2025. This change follows the retirement announcement of Daniel S. Tucker, who will step down from his role on the same date and continue as a senior advisor until October 1, 2025. Tucker will then transition to a consulting role with Southern Company Services, Inc. from October 2025 to September 2027, earning $300,000 annually for his services.
The most recent analyst rating on (SO) stock is a Sell with a $83.00 price target. To see the full list of analyst forecasts on Southern Co stock, see the SO Stock Forecast page.
On July 1, 2025, the Georgia Public Service Commission approved a settlement agreement involving Georgia Power Company, extending the existing alternate rate plan through December 31, 2028. This extension maintains the current retail base rates and return on equity, while allowing for separate proceedings to address storm damage costs incurred through 2025. The agreement also outlines the continuation of amortization of regulatory assets and liabilities, and sets guidelines for tax credit amortization and earnings sharing.
The most recent analyst rating on (SO) stock is a Buy with a $96.00 price target. To see the full list of analyst forecasts on Southern Co stock, see the SO Stock Forecast page.
On May 21, 2025, Southern Company held its Annual Meeting of Stockholders, where several key decisions were made. The election of the Board of Directors was confirmed, with all nominees receiving a majority of votes. Additionally, the stockholders approved the compensation for named executive officers and the appointment of Deloitte & Touche LLP as the independent registered public accounting firm for 2025. An amendment to the company’s Restated Certificate of Incorporation was also approved, reducing the supermajority vote requirement to a majority vote. However, several stockholder proposals, including those concerning a simple majority vote, fossil fuel reliance, a net zero audit, and workforce civil liberties, were not approved.
The most recent analyst rating on (SO) stock is a Buy with a $96.00 price target. To see the full list of analyst forecasts on Southern Co stock, see the SO Stock Forecast page.
On May 23, 2025, Southern Company issued $1.65 billion in Series 2025A 3.25% Convertible Senior Notes, maturing on June 15, 2028. These notes are unsecured and unsubordinated, with conversion options tied to the company’s stock performance and specific corporate events, potentially impacting the company’s financial strategy and market positioning.
The most recent analyst rating on (SO) stock is a Buy with a $96.00 price target. To see the full list of analyst forecasts on Southern Co stock, see the SO Stock Forecast page.
On May 20, 2025, Southern Company announced the upsize and pricing of a $1.45 billion offering of its Series 2025A 3.25% Convertible Senior Notes, due June 15, 2028, in a private placement to qualified institutional buyers. The offering, which was increased by $200 million from the previously announced size, is expected to close on May 23, 2025. The company plans to use approximately $1.25 billion of the net proceeds to repurchase existing convertible senior notes and the remainder for general corporate purposes. This move is part of Southern Company’s strategy to manage its debt portfolio and optimize its capital structure, potentially impacting its stock market dynamics and stakeholder interests.
The most recent analyst rating on (SO) stock is a Buy with a $96.00 price target. To see the full list of analyst forecasts on Southern Co stock, see the SO Stock Forecast page.
On May 20, 2025, Southern Company announced a private offering of $1.25 billion in convertible senior notes due June 15, 2028, with an option for initial purchasers to buy an additional $200 million. The proceeds are intended for repurchasing existing convertible notes and repaying commercial paper borrowings. This move is expected to impact the company’s stock market activity and conversion pricing, potentially affecting its market positioning.
The most recent analyst rating on (SO) stock is a Buy with a $96.00 price target. To see the full list of analyst forecasts on Southern Co stock, see the SO Stock Forecast page.
On May 19, 2025, Georgia Power and the Georgia Public Service Commission’s Public Interest Advocacy Staff reached a settlement agreement to extend the alternate rate plan through December 31, 2028. The agreement, pending approval, would maintain current base rates and retail return on equity, while addressing storm damage costs and regulatory asset amortization. The outcome of this agreement could impact Georgia Power’s financial operations and customer rates, with the Georgia PSC scheduled to vote by July 1, 2025.
The most recent analyst rating on (SO) stock is a Buy with a $96.00 price target. To see the full list of analyst forecasts on Southern Co stock, see the SO Stock Forecast page.