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) P/E ratio

Alert me on P/E ratio

As of 16 October 2026, Southern Company (The) (SO) trades at a P/E ratio of 21.9×. Over the past ten years it has ranged from 9.5× (March 2020) to 96.8× (November 2017); the current reading is higher than 63% of that period. That is above the Utilities Regulated Electric industry median of 19.5× and above the Utilities sector median of 20.0×.

P/E ratio, daily

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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
Jun 2026 23.0× (6.31%)
Mar 2026 24.5× 10.69%
Dec 2025 22.1× (5.42%)
Sep 2025 23.4× (0.62%)
42 more quarters

Against its own ten years

Low 9.5× High 96.8×
Ten-year median 20.6×
Current reading's percentile 60

P/E ratio against peers

Company P/E ratio
EXC Exelon Corporation compare 15.9×
NEE NextEra Energy, Inc. compare 17.9×
DUK Duke Energy Corporation compare 18.2×
XEL Xcel Energy Inc. compare 20.8×
AEP American Electric Power Company, Inc. compare 21.8×
SO Southern Company (The) 21.9×
D Dominion Energy Inc. compare 22.2×
NGG National Grid Transco, PLC compare 22.3×
ETR Entergy Corporation compare 26.5×
Utilities Regulated Electric industry median 19.5×
Utilities sector median 20.0×
Market median 18.1×

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 →

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