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Saturday 17 October 2026 Export SO’s income statement to Excel — free account

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
Overview Business Profile Financial Analysis Income Statement Balance Sheet Cash Flow Metrics & Ratios Filings 10-Q 10-K

Southern Company (The) (SO) P/B ratio

Alert me on P/B ratio

As of 16 October 2026, Southern Company (The) (SO) trades at a P/B ratio of 2.4×. Over the past ten years it has ranged from 1.4× (March 2020) to 2.9× (October 2025); the current reading is higher than 80% of that period. That is above the Utilities Regulated Electric industry median of 1.8× and above the Utilities sector median of 1.6×.

P/B ratio, daily

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Annual newest first

Period P/B ratio Change
FY2025 2.5× 0.59%
FY2024 2.5× 12.01%
FY2023 2.2× (1.87%)
FY2022 2.2× (0.71%)
FY2021 2.3× 11.81%
FY2020 2.0× (3.89%)
FY2019 2.1× 36.00%
FY2018 1.5× (16.51%)
FY2017 1.8× (1.91%)
FY2016 1.9× (8.90%)

Quarterly newest first

Period P/B ratio Change
Jun 2026 2.6× (5.45%)
Mar 2026 2.7× 9.84%
Dec 2025 2.5× (9.31%)
Sep 2025 2.7× 0.78%
42 more quarters

Against its own ten years

Low 1.4× High 2.9×
Ten-year median 2.1×
Current reading's percentile 79

P/B ratio against peers

Company P/B ratio
NGG National Grid Transco, PLC compare n/m
EXC Exelon Corporation compare 1.5×
DUK Duke Energy Corporation compare 1.7×
D Dominion Energy Inc. compare 1.7×
XEL Xcel Energy Inc. compare 2.0×
AEP American Electric Power Company, Inc. compare 2.1×
NEE NextEra Energy, Inc. compare 2.4×
SO Southern Company (The) 2.4×
ETR Entergy Corporation compare 2.6×
Utilities Regulated Electric industry median 1.8×
Utilities sector median 1.6×
Market median 1.7×

What P/B ratio is

Price to Book Value tells an investor how much the market pays for a company’s shares relative to the accounting net worth that belongs to common shareholders.

Stock Price ÷ (Common Equity (Total) (latest quarter) ÷ Shares (Basic, Weighted) (latest quarter))

The full definition of P/B ratio →

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