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
+15.7%
Free cash flow
+362.1%
Total debt
+1.32%

Quarter to September 2026, against a year earlier

92.22 1.12 −1.20%
Market cap
$107.4B
P/E
20.9×
Fwd P/E
21.3×
Dividend yield
3.25%
F-score
4/9
Altman Z
0.93
Beneish M
−2.63
Dividend safety
32/100

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

Alert me on P/E ratio

As of 6 November 2026, Southern Company (The) (SO) trades at a P/E ratio of 20.9×. Over the past ten years it has ranged from 9.5× (March 2020) to 96.8× (November 2017); the current reading is higher than 55% of that period. That is above the Utilities Regulated Electric industry median of 19.3× and above the Utilities sector median of 19.6×.

P/E ratio, daily

Embed this chart

Annual newest first

Period P/E ratio Change
FY2025 22.1× 8.08%
FY2024 20.5× 5.21%
FY2023 19.5× (10.94%)
FY2022 21.9× (27.98%)
FY2021 30.3× 45.72%
FY2020 20.8× 48.74%
FY2019 14.0× (30.19%)
FY2018 20.1× (64.29%)
FY2017 56.2× 196.58%
FY2016 18.9× 5.21%

Quarterly newest first

Period P/E ratio Change
Sep 2026 18.8× (18.16%)
Jun 2026 23.0× (6.31%)
Mar 2026 24.5× 10.69%
Dec 2025 22.1× (5.42%)
43 more quarters

Against its own ten years

Low 9.5× High 96.8×
Ten-year median 20.6×
Current reading's percentile 52

P/E ratio against peers

Company P/E ratio
NEE NextEra Energy, Inc. compare 15.7×
EXC Exelon Corporation compare 17.8×
DUK Duke Energy Corporation compare 18.4×
XEL Xcel Energy Inc. compare 18.5×
AEP American Electric Power Company, Inc. compare 20.3×
SO Southern Company (The) 20.9×
NGG National Grid Transco, PLC compare 22.8×
D Dominion Energy Inc. compare 22.8×
ETR Entergy Corporation compare 25.0×
Utilities Regulated Electric industry median 19.3×
Utilities sector median 19.6×
Market median 17.8×

What P/E ratio is

Price to Earnings Ratio shows how much investors pay for each dollar of a company’s annual profit per share.

Stock Price ÷ EPS (Basic) (TTM)

The full definition of P/E ratio →

More on SO