Friday 6 November 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.

Revenue: +13.0%
EPS: +14.2%
Free cash flow: +362.1%
Total debt: +1.32%

Quarter to September 2026, against a year earlier

92.42 0.92 −0.99%

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Market cap: $107.4B
P/E: 21.2×
Fwd P/E: 21.3×
Dividend yield: 3.22%
F-score: 4/9
Altman Z: 0.93
Beneish M: −2.63
Dividend safety: 32/100

Overview Business Profile Earnings & Analysis Segments Valuation Filings

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

Alert me on P/B ratio

As of 5 November 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 79% of that period. That is above the Utilities Regulated Electric industry median of 1.8× and above the Utilities sector median of 1.7×.

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<iframe src="https://stockrow.com/embed/SO/pb-ratio" width="100%" height="360" style="border:0" loading="lazy" title="Southern Company (The) P/B ratio, 10 years"></iframe>
<p style="font-size:12px">Source: <a href="https://stockrow.com/SO/metrics/pb-ratio">Southern Company (The) (SO) P/B ratio — stockrow.com</a></p>

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%)

Period	P/B ratio	Change
Sep 2026	2.1×	(16.72%)
Jun 2026	2.6×	(5.45%)
Mar 2026	2.7×	9.84%
Dec 2025	2.5×	(9.31%)
43 more quarters	Free account

Against its own ten years

Low 1.4× High 2.9×

Ten-year median 2.1×

Current reading's percentile 77

Company	P/B ratio
NGG National Grid Transco, PLC compare	n/m
EXC Exelon Corporation compare	1.6×
DUK Duke Energy Corporation compare	1.8×
D Dominion Energy Inc. compare	1.8×
XEL Xcel Energy Inc. compare	2.0×
AEP American Electric Power Company, Inc. compare	2.0×
SO Southern Company (The)	2.4×
NEE NextEra Energy, Inc. compare	2.5×
ETR Entergy Corporation compare	2.6×
Utilities Regulated Electric industry median	1.8×
Utilities sector median	1.7×
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 →

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

P/B ratio, daily

Annual newest first

Quarterly newest first

Against its own ten years

P/B ratio against peers

What P/B ratio is

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P/B ratio, daily

Annual newest first

Quarterly newest first

Against its own ten years

P/B ratio against peers

What P/B ratio is

More on SO

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