Southern Company (The)

SO Utilities Utilities Regulated Electric

Southern Company (The)’s revenue for fiscal 2025 (year ended December 2025) was $29.6 billion, up 10.6% from fiscal 2024. In the quarter to June 2026, revenue was flat, EPS grew 28.8%, free cash flow grew 23.5% and total debt rose 7.46%, each against the same quarter a year earlier. Member of the S&P 500; dividend growth for ten consecutive years, operating cash flow growth for three.

91.18 2.00 +2.24%
Market cap
$102.6B
P/E
21.9×
Fwd P/E
20.8×
Dividend yield
3.29%
F-score
4/9
Altman Z
0.93
Beneish M
−2.63
Dividend safety
32/100

Southern Company (The) (SO) Gross margin

Alert me on Gross margin

Southern Company (The)'s gross margin over the twelve months to 30 June 2026 was 71.9%, down 0.5 percentage points from fiscal 2025 (72.4%). Over the past ten years it has ranged from 59.6% (fiscal 2022) to 75.1% (fiscal 2020); the current reading is higher than 82% of that period. That is above the Utilities Regulated Electric industry median of 66.3% and above the Utilities sector median of 62.0%.

Gross margin, annual

Embed this chart

Annual newest first

Period Gross margin Change (points)
FY2025 72.4% (2.01)
FY2024 74.4% 3.90
FY2023 70.5% 10.89
FY2022 59.6% (10.27)
FY2021 69.9% (5.27)
FY2020 75.1% 4.05
FY2019 71.1% 4.94
FY2018 66.2% (1.82)
FY2017 68.0% (1.95)
FY2016 69.9% 0.77

Quarterly newest first

Period Gross margin Change (points)
Jun 2026 75.7% 9.56
Mar 2026 66.2% (4.15)
Dec 2025 70.3% (5.72)
Sep 2025 76.0% 1.81
42 more quarters

Against its own ten years

Low 59.6% High 75.1%
Ten-year median 69.9%
Current reading's percentile 64

Gross margin against peers

Company Gross margin
NEE NextEra Energy, Inc. compare 81.5%
SO Southern Company (The) 71.9%
DUK Duke Energy Corporation compare 71.4%
ETR Entergy Corporation compare 70.8%
AEP American Electric Power Company, Inc. compare 67.7%
XEL Xcel Energy Inc. compare 67.6%
D Dominion Energy Inc. compare 66.8%
EXC Exelon Corporation compare 63.5%
NGG National Grid Transco, PLC compare 18.7%
Utilities Regulated Electric industry median 66.3%
Utilities sector median 62.0%
Market median 46.2%

What Gross margin is

Gross Margin tells an investor how much of each sale a company keeps after paying the direct costs of making or buying what it sells.

Gross Profit ÷ Revenue

The full definition of Gross margin →

More on SO