The Southern Company (SO) Tax Rate: 16.56%
Is The Southern Company’s tax rate high or low?
The Southern Company's tax rate of 16.56% is 14% above its 5-year average of 14.49%, near the high end of its 5-year range (10.36%–18.83%).
The tax rate for The Southern Company (SO) is 16.56%. It is below its 12-month average by 5.61% (17.55%).
SO Tax Rate Chart
SO Average Tax Rate Chart
SO Current vs Average Tax Rate Chart
SO Tax Rate Metrics
TAX RATE
16.56%
TAX RATE AVG TTM
17.55%
TAX RATE AVG 3Y
16.34%
TAX RATE AVG 5Y
14.49%
TAX RATE AVG 10Y
18.57%
TAX RATE AVG 15Y
23.37%
TAX RATE AVG 20Y
25.47%
CURRENT VS TTM AVG
-5.61%
CURRENT VS 3Y AVG
+1.38%
CURRENT VS 5Y AVG
+14.29%
CURRENT VS 10Y AVG
-10.83%
CURRENT VS 15Y AVG
-29.14%
CURRENT VS 20Y AVG
-34.98%
The Southern Company Tax Rate Formula & Definition
Tax rate measures income tax expense as a percentage of income before tax. It helps compare tax efficiency and identify unusual tax effects.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
The Southern Company Tax Rate FAQ
- What is the tax rate for The Southern Company (SO)?
- The tax rate for SO stock is 16.56%.
- Is The Southern Company's tax rate high or low?
- The Southern Company's tax rate of 16.56% is 14% above its 5-year average of 14.49%, near the high end of its 5-year range (10.36%–18.83%).
- What is the TTM average tax rate for The Southern Company (SO)?
- The TTM average tax rate for SO stock is 17.55%.
- What is the 3Y average tax rate for The Southern Company (SO)?
- The 3Y average tax rate for SO stock is 16.34%.
- What is the 5Y average tax rate for The Southern Company (SO)?
- The 5Y average tax rate for SO stock is 14.49%.
- What is the 10Y average tax rate for The Southern Company (SO)?
- The 10Y average tax rate for SO stock is 18.57%.
- What is the 15Y average tax rate for The Southern Company (SO)?
- The 15Y average tax rate for SO stock is 23.37%.
- What is the 20Y average tax rate for The Southern Company (SO)?
- The 20Y average tax rate for SO stock is 25.47%.
The Southern Company Tax Rate History
| DATE | TAX RATE |
|---|---|
| 2025-12-31 | 16.56% |
| 2024-12-31 | 18.53% |
| 2023-12-31 | 11.42% |
| 2022-12-31 | 18.83% |
| 2021-12-31 | 10.36% |
| 2020-12-31 | 11.24% |
| 2019-12-31 | 27.48% |
| 2018-12-31 | 16.33% |
| 2017-12-31 | 13.30% |
| 2016-12-31 | 27.33% |
| 2015-12-31 | 32.90% |
| 2014-12-31 | 32.48% |
| 2013-12-31 | 33.18% |
| 2012-12-31 | 35.58% |
| 2011-12-31 | 34.96% |
| 2010-12-31 | 33.46% |
| 2009-12-31 | 34.41% |
| 2008-12-31 | 33.61% |
| 2007-12-31 | 32.50% |
| 2006-12-31 | 33.15% |
| 2005-12-31 | 27.22% |
| 2004-12-31 | 27.67% |
| 2003-12-31 | 29.34% |
| 2002-12-31 | 28.60% |
| 2001-12-31 | 33.27% |
| 2000-12-31 | 37.17% |
| 1999-12-31 | 39.56% |
| 1998-12-31 | 40.46% |
| 1997-12-31 | 46.33% |
| 1996-12-31 | 0.00% |
Related Metrics
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.
- Sector
- Utilities
- Industry
- Regulated Electric
- CEO
- Christopher C. Womack