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The Southern Company (SO) Enterprise Value (EV): $160.36B

The enterprise value (EV) for The Southern Company (SO) is $160.36B as of Wednesday, June 10, 2026.

SO Enterprise Value (EV) Metrics

ENTERPRISE VALUE (EV)

$160.36B

SO Competitors' Enterprise Value (EV)

NAMEMARKET CAPENTERPRISE VALUE (EV)
The Southern Company (SO)$105.99B$160.36B
Duke Energy Corporation (DUK)$97.49B$181.70B
American Electric Power Company, Inc. (AEP)$69.93B$109.81B
Sempra (SRE)$59.53B$93.91B
Dominion Energy, Inc. (D)$58.73B$98.73B
Entergy Corporation (ETR)$50.95B$71.75B
Xcel Energy Inc. (XEL)$48.76B$77.86B
Exelon Corporation (EXC)$46.67B$93.47B
Consolidated Edison, Inc. (ED)$39.65B$62.62B
WEC Energy Group, Inc. (WEC)$37.14B$56.60B

Enterprise Value Calculation

Market Cap

$105.99B

+

Total Debt

$65.82B

Cash

$1.64B

=

Enterprise Value

$160.36B

EV-Based Valuation Multiples

Why use EV instead of Market Cap?

  • EV accounts for debt - an acquirer must pay or assume it
  • EV deducts cash - the acquirer effectively receives it
  • EV enables fair comparison of companies with different capital structures
  • EV-based ratios (EV/EBITDA, EV/Sales) are capital structure neutral

The Southern Company Enterprise Value (EV) Formula & Definition

Enterprise Value represents the total value of a company as if you were to acquire it completely - paying for equity while assuming debt and receiving cash.

Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute

The Southern Company Enterprise Value (EV) FAQ

What is the enterprise value (EV) for The Southern Company (SO)?
The enterprise value (EV) for SO stock is $160.36B.

About The Southern Company

The Southern Company operates as an energy utility, primarily involved in the production, transmission, and distribution of electricity. Its operations are segmented into Gas Distribution Operations, Gas Pipeline Investments, Wholesale Gas Services, and Gas Marketing Services. The company also undertakes the development, construction, acquisition, ownership, and management of various power generation assets, including renewable energy ventures, and supplies electricity to the wholesale market. Complementing its power business, it distributes natural gas in Illinois, Georgia, Virginia, and Tennessee, while also offering gas marketing services, wholesale gas services, and managing gas pipeline investments. Its extensive portfolio of generating assets includes 30 hydroelectric, 24 fossil fuel, three nuclear, 13 combined cycle/cogeneration, 45 solar, 15 wind, one fuel cell, and four battery storage facilities. In terms of natural gas infrastructure, the company builds, operates, and maintains 76,289 miles of pipelines and 14 storage facilities with a total capacity of 157 billion cubic feet, delivering natural gas to residential, commercial, and industrial clients. The Southern Company serves approximately 8.7 million electric and gas utility customers in total. Furthermore, it provides digital wireless communications and fiber optics services. The company was founded in 1945 and maintains its corporate headquarters in Atlanta, Georgia.

Atlanta, GA
28,314 employees
Utilities / Regulated Electric
Sector
Utilities
Industry
Regulated Electric
CEO
Christopher C. Womack