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) Return on equity

Alert me on Return on equity

Southern Company (The)'s return on equity over the twelve months to 30 June 2026 was 11.7%, up 0.2 percentage points from fiscal 2025 (11.5%). Over the past ten years it has ranged from 3.35% (fiscal 2017) to 15.6% (fiscal 2019); the current reading is higher than 73% of that period. That is above the Utilities Regulated Electric industry median of 9.75% and above the Utilities sector median of 9.00%.

Return on equity, annual

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Annual newest first

Period Return on equity Change (points)
FY2025 11.5% (0.75)
FY2024 12.2% 0.84
FY2023 11.4% 0.85
FY2022 10.6% 3.13
FY2021 7.42% (2.33)
FY2020 9.75% (5.84)
FY2019 15.6% 7.43
FY2018 8.16% 4.81
FY2017 3.35% (7.45)
FY2016 10.8% (0.88)

Against its own ten years

Low 3.35% High 15.6%
Ten-year median 10.8%
Current reading's percentile 73

Return on equity against peers

Company Return on equity
NEE NextEra Energy, Inc. compare 14.4%
SO Southern Company (The) 11.7%
ETR Entergy Corporation compare 10.4%
XEL Xcel Energy Inc. compare 9.92%
AEP American Electric Power Company, Inc. compare 9.78%
EXC Exelon Corporation compare 9.71%
DUK Duke Energy Corporation compare 9.70%
D Dominion Energy Inc. compare 8.11%
NGG National Grid Transco, PLC compare 0.00%
Utilities Regulated Electric industry median 9.75%
Utilities sector median 9.00%
Market median 1.35%

What Return on equity is

ROE shows how much profit a company earns for its shareholders on the equity they have in the business.

Annual: Net Income Allotted to Shareholders ÷ Average Common Equity; TTM: Net Income Allotted to Shareholders ÷ Average Common Equity (latest quarter)

The full definition of Return on equity →

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