Southern Company (The) SO
- Market cap
- $95.3B
- P/E
- 19.9×
Follow SO
Southern Company (The) (SO) EV/EBITDA
As of 25 September 2026, Southern Company (The) (SO) trades at a EV/EBITDA of 12.1×. Over the past ten years it has ranged from 8.0× (March 2020) to 18.3× (November 2017); the current reading is higher than 36% of that period. That is in line with the Utilities Regulated Electric industry median of 11.8× and in line with the Utilities sector median of 12.1×.
EV/EBITDA, daily
Annual
| Period | EV/EBITDA | Change |
|---|---|---|
| FY2025 | 12.5× | 0.99% |
| FY2024 | 12.4× | (1.84%) |
| FY2023 | 12.6× | (8.73%) |
| FY2022 | 13.8× | (14.02%) |
| FY2021 | 16.1× | 25.52% |
| FY2020 | 12.8× | 29.43% |
| FY2019 | 9.9× | (12.36%) |
| FY2018 | 11.3× | (30.05%) |
| FY2017 | 16.1× | 32.97% |
| FY2016 | 12.1× | 18.18% |
Quarterly
| Period | EV/EBITDA | Change |
|---|---|---|
| Jun 2026 | 13.1× | (1.75%) |
| Mar 2026 | 13.4× | 6.96% |
| Dec 2025 | 12.5× | (4.77%) |
| Sep 2025 | 13.1× | (0.47%) |
| 42 more quarters | Free account |
Against its own ten years
EV/EBITDA against peers
| Company | EV/EBITDA |
|---|---|
| NGG National Grid Transco, PLC compare | 4.2× |
| EXC Exelon Corporation compare | 10.0× |
| DUK Duke Energy Corporation compare | 10.4× |
| SO Southern Company (The) | 12.1× |
| ETR Entergy Corporation compare | 13.1× |
| AEP American Electric Power Company, Inc. compare | 13.2× |
| XEL Xcel Energy Inc. compare | 13.9× |
| D Dominion Energy Inc. compare | 16.2× |
| NEE NextEra Energy, Inc. compare | 16.8× |
| Utilities Regulated Electric industry median | 11.8× |
| Utilities sector median | 12.1× |
| Market median | 11.0× |
What EV/EBITDA is
Enterprise Value over EBITDA tells an investor how the market values a whole company, with debt added and cash taken off, against its operating earnings.
((Stock Price × Shares (Basic, Weighted) (latest quarter)) + (Long Term Debt (Total) (latest quarter) + Current Part of Debt (latest quarter)) − Cash & Short Term Investments (latest quarter)) ÷ EBITDA (TTM)
More on SO
- Revenue
- Net income
- EBITDA
- Free cash flow
- Operating cash flow
- Gross margin
- Operating margin
- Net margin
- Free cash flow margin
- P/E ratio
- P/S ratio
- P/B ratio
- Price to free cash flow
- EV/Sales
- Return on equity
- Return on assets
- Return on invested capital
- Debt to equity
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
- The full statement