Superworth

Southern SO

Regulated Electric, Utilities
$92.89
−0.99%
Market cap
$106.9B
PE
22.4×
10y median 21.4×
Forward PE
20.0×
10y median 19.4×
Price to sales
3.5×
EV/EBIT
24.6×
Revenue, 12 months
$30.2B
+6% on a year ago
Net margin
15.4%
Free cash flow yield
−3.3%

Southern trades at 22.4× trailing earnings, near its ten-year median. Revenue was $30.2B over the last twelve months, up 6% on a year earlier with a 15% net margin.

Charts

Financials

Income statement for SO, by quarter
Income statementQ3 FY23Q4 FY23Q1 FY24Q2 FY24Q3 FY24Q4 FY24Q1 FY25Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26
$7B−17%$6B−14%$6.6B+3%$6.5B+12%$7.3B+4%$6.3B+5%$7.8B+17%$7B+8%$7.8B+8%$7B+10%$8.4B+8%$7B+0%
Cost of revenue$1.8B−48%$1.8B−10%$1.9B−17%$1.6B+4%$1.7B−8%$1.7B−7%$2.4B+25%$1.8B+15%$1.9B+13%$2.1B+23%$2.8B+18%$1.7B−6%
Gross profit$5.2B+5%$4.2B−16%$4.7B+13%$4.9B+16%$5.6B+8%$4.7B+10%$5.4B+14%$5.2B+6%$5.9B+6%$4.9B+5%$5.6B+4%$5.3B+2%
$2.1B−4%$1.2B+775%$1.7B+40%$1.9B+50%$2.4B+12%$1.1B−12%$2B+18%$1.8B−9%$2.6B+10%$917M−13%$2B+0%$1.8B+1%
Interest expense$620M+21%$634M+13%$665M+14%$694M+14%$692M+12%$693M+9%$714M+7%$874M+26%$755M+9%$895M+29%$778M+9%$796M−9%
Pre-tax income$1.7B−9%$800M$1.3B+44%$1.5B+61%$1.9B+11%$545M−32%$1.6B+20%$1.1B−23%$2.1B+10%$196M−64%$1.6B+1%$1.4B+20%
$297M−28%$4M$223M+130%$290M+196%$377M+27%$79M+1875%$280M+26%$289M−0%$404M+7%−$145M$228M−19%$187M−35%
Net income$1.4B−4%$855M$1.1B+31%$1.2B+44%$1.5B+8%$534M−38%$1.3B+18%$880M−27%$1.7B+12%$416M−22%$1.4B+2%$1.2B+33%
$1.29−4%$0.78$1.03+30%$1.09+43%$1.39+8%$0.48−39%$1.21+18%$0.79−28%$1.54+11%$0.37−23%$1.20−1%$1.03+30%
1.1B+1%1.1B+1%1.1B+0%1.1B+0%1.1B+0%1.1B+0%1.1B+1%1.1B+1%1.1B+1%1.1B+1%1.1B+2%1.1B+3%

Gross profit: 36 periods, Q3 FY17 to Q2 FY26: not printed by the filing, worked out from its own lines.

Net income: Q2 FY14 and Q3 FY14: not printed by the filing, worked out from its own lines.

EPS, diluted: 19 periods, Q2 FY08 to Q4 FY25: quarter's net income to common over its shares, to the cent.

Diluted shares: 15 periods, Q4 FY08 to Q4 FY25: share-days: the 12-month average less the 9-month, weighted by days. Q4 FY21 and Q4 FY22: a loss quarter: its basic count, share-days: the 12-month average less the 9-month, weighted by days.

From each company's 10-Q and 10-K filings, the newest version of each figure. Quarters are as filed (a fourth quarter is the year less its first nine months), fiscal years as the 10-K prints them, restated where a later 10-K restated them, and balance sheet lines as of the period's end. A quarter whose 10-Q isn't filed yet is from the company's results release. Growth is on the same period a year earlier. A dash is a period with no figure for the line: the filing doesn't print it, or it hasn't been read yet.

Estimates

Next earnings report: .

QuarterRevenueRangeEPSRangeAnalysts
Q3 FY26$8.4B$8B to $8.6B$1.71$1.64 to $1.7510
Q4 FY26$7B$6.8B to $7.3B$0.43$0.40 to $0.529
Q1 FY27$8.7B$8.2B to $9.1B$1.34$1.25 to $1.426
Q2 FY27$7.5B$7.1B to $7.9B$1.17$1.09 to $1.243
Q3 FY27$8.9B$8.4B to $9.3B$1.84$1.72 to $1.963
Q4 FY27$7.5B$7.2B to $7.9B$0.53$0.50 to $0.576
Q1 FY28$9.5B$9.1B to $10B$1.47$1.38 to $1.578
Q2 FY28$8.1B$7.7B to $8.5B$1.38$1.29 to $1.474

Peers

Companies in Regulated Electric nearest Southern's size, closest first.

CompanyMarket capPEIts 10y median PEFwd PEP/SRevenue growthNet margin
SOSouthern$106.9B22.4×21.4×20.0×3.5×+6%15.4%
DUKDuke Energy$97.4B18.8×21.4×18.5×2.9×+6%15.8%
AEPAmerican Electric Power$70.6B22.4×19.7×19.4×3.1×+10%13.8%
NEENextEra Energy$171.2B14.8×26.5×19.3×5.9×+10%40.4%
DDominion Energy$57.3B22.7×23.2×17.7×3.2×+19%14.0%
ETREntergy$50.1B27.5×19.1×22.8×3.7×+10%13.5%
XELXcel Energy$48.8B21.4×21.6×18.4×3.3×+5%15.3%
EXCExelon$45.9B16.2×16.3×15.1×1.8×+7%11.0%
EDConsolidated Edison$42.8B19.0×19.1×18.3×2.4×+9%12.5%
WECWEC Energy$36.2B21.5×21.8×20.7×3.6×+9%16.7%
PEGPublic Service Enterprise$35.9B17.9×19.1×16.1×2.9×+13%16.0%
Peer median$49.4B20.2×20.6×18.4×3.1×+10%14.6%

Investors who own it

Investors we follow who held Southern at the end of Jun 30, 2026, from their 13F filings.

More on Southern

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About

Industry
Regulated Electric
Sector
Utilities

Valuation data, not investment advice. Prices as of .