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The Southern Company (SO)
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SO Balance Sheet

Assets, liabilities, and equity analysis

SO Quarterly Balance Sheet (USD)

Quarterly ReportTTM
03/31/2026
12/31/2025
09/30/2025
06/30/2025
03/31/2025
12/31/2024
09/30/2024
06/30/2024
Total Current Assets
9.961B9.961B10.917B12.627B10.801B11.817B10.694B11.040B10.993B
981.000M981.000M1.639B3.342B1.264B2.327B1.070B1.018B1.152B
Short-Term Investments
0.000.000.000.000.000.000.000.000.00
Cash & Short-Term Investments
981.000M981.000M1.639B3.342B1.264B2.327B1.070B1.018B1.152B
3.873B3.873B4.069B3.903B4.350B4.274B4.289B4.417B4.276B
3.169B3.169B3.333B3.255B3.075B3.054B3.369B3.385B3.287B
Total Assets
157.031B157.031B155.720B153.248B148.853B148.109B145.180B143.956B141.937B
118.159B118.159B114.369B112.258B110.245B108.445B106.743B104.969B104.002B
5.161B5.161B5.161B5.161B5.161B5.161B5.161B5.161B5.161B
Intangible Assets
294.000M294.000M300.000M308.000M316.000M324.000M332.000M341.000M350.000M
Long-Term Investments
4.253B4.253B0.004.883B4.187B4.050B4.037B4.064B3.934B
Total Current Liabilities
15.318B15.318B16.888B16.726B14.570B13.770B15.993B12.165B12.028B
2.909B2.909B3.710B3.017B2.948B3.094B3.701B3.950B2.445B
7.374B7.374B169.000M7.883B6.353B5.682B6.056B2.364B4.134B
Total Liabilities
117.119B117.119B116.853B114.974B111.511B110.886B108.506B107.051B105.826B
67.148B67.148B65.649B64.621B62.983B62.939B58.768B61.254B59.883B
76.005B76.005B65.818B73.746B70.824B70.120B66.277B65.082B65.519B
Net Debt (Cash)
75.024B75.024B64.179B70.404B69.560B67.793B65.207B64.064B64.367B
Total Shareholders' Equity
37.122B37.122B36.016B35.002B34.014B33.839B33.208B33.298B32.449B
Common Stock
5.588B5.588B5.554B5.463B5.458B5.453B5.446B5.441B5.436B
15.382B15.382B14.856B15.254B14.357B14.291B13.750B14.005B13.259B
0.650.650.650.750.740.860.670.910.91
2.052.051.832.112.082.072.001.952.02

SO Annual Balance Sheet (USD)

Annual Report
12/31/2025
12/31/2024
12/31/2023
12/31/2022
12/31/2021
12/31/2020
12/31/2019
12/31/2018
Total Current Assets
10.917B10.694B10.432B10.416B8.965B8.617B9.817B9.583B
1.639B1.070B748.000M1.917B1.798B1.065B1.975B1.396B
Short-Term Investments
0.000.000.000.000.000.000.000.00
Cash & Short-Term Investments
1.639B1.070B748.000M1.917B1.798B1.065B1.975B1.396B
4.069B4.289B3.963B3.716B2.962B3.335B3.409B4.059B
3.333B3.369B3.352B2.677B2.355B2.488B2.388B2.394B
Total Assets
155.720B145.180B139.331B134.891B127.534B122.935B118.700B116.914B
114.369B106.743B101.941B96.703B93.462B90.390B86.059B81.864B
5.161B5.161B5.161B5.161B5.280B5.280B5.280B5.315B
Intangible Assets
300.000M332.000M368.000M406.000M445.000M487.000M536.000M613.000M
Long-Term Investments
0.004.037B3.792B3.588B3.824B3.665B3.339B3.301B
Total Current Liabilities
16.888B15.993B13.467B15.724B10.921B12.079B12.546B14.286B
3.710B3.701B2.898B3.525B2.169B2.806B2.557B3.436B
169.000M6.056B4.790B6.894B3.597B4.116B5.044B6.113B
Total Liabilities
116.853B108.506B104.106B100.359B94.967B90.410B86.650B87.584B
65.649B58.768B57.210B50.656B50.120B45.073B41.798B40.736B
65.818B66.277B63.490B59.135B55.470B51.041B48.686B46.849B
Net Debt (Cash)
64.179B65.207B62.742B57.218B53.672B49.976B46.711B45.453B
Total Shareholders' Equity
36.016B33.208B31.444B30.408B28.165B28.263B27.796B25.014B
Common Stock
5.554B5.446B5.423B5.417B5.279B5.268B5.257B5.164B
14.856B13.750B12.482B11.538B10.929B11.311B10.877B8.706B
0.650.670.770.660.820.710.780.67
1.832.002.021.941.971.811.751.87

Values are displayed in USD. Negative numbers shown in red.

Values are displayed in USD. Negative numbers are shown in red.

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