Southern Financial Statements From 2010 to 2024

SOJE Stock  USD 19.76  0.03  0.15%   
Southern Company financial statements provide useful quarterly and yearly information to potential Southern Company Series investors about the company's current and past financial position, as well as its overall management performance and changes in financial position over time. Historical trend examination of various income statement and balance sheet accounts found on Southern Company financial statements helps investors assess Southern Company's valuation, profitability, and current liquidity needs. Key fundamental drivers impacting Southern Company's valuation are summarized below:
Market Capitalization
65.7 B
There are over one hundred nineteen available fundamental trend indicators for Southern Company Series, which can be analyzed over time and compared to other ratios. Investors should ensure to double-check all of Southern Company's current performance against the performance from 2010 to 2024 to make sure the company is sustainable down the road. The current year's Market Cap is expected to grow to about 41.8 B, whereas Enterprise Value is forecasted to decline to about 47.8 B.

Southern Company Total Revenue

15.57 Billion

Check Southern Company financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Southern Company's main balance sheet or income statement drivers, such as Total Revenue of 15.6 B, Gross Profit of 8.3 B or Operating Income of 3.6 B, as well as many indicators such as Price To Sales Ratio of 3.18, Dividend Yield of 0.0593 or PTB Ratio of 1.5. Southern financial statements analysis is a perfect complement when working with Southern Company Valuation or Volatility modules.
  
Check out the analysis of Southern Company Correlation against competitors.
For information on how to trade Southern Stock refer to our How to Trade Southern Stock guide.

Southern Company Balance Sheet

Current ValueLast YearHistorical Average 10 Year Trend
Common Stock Shares Outstanding847.2 M1.1 B943.4 M
Slightly volatile
Total Assets72 B139.3 B94.4 B
Slightly volatile
Short and Long Term Debt Total66.7 B63.5 B41.3 B
Slightly volatile
Other Current Liabilities2.6 B4.2 B3.2 B
Slightly volatile
Total Current Liabilities8.3 B13.5 B10.3 B
Slightly volatile
Total Stockholder Equity18.7 B31.4 B23.2 B
Slightly volatile
Property Plant And Equipment Net53.2 B101.9 B70 B
Slightly volatile
Net Debt65.9 B62.7 B40 B
Slightly volatile
Retained Earnings8.3 B12.5 B9.6 B
Slightly volatile
Accounts Payable1.8 B2.9 B2.2 B
Slightly volatile
Cash910.7 M748 M1.3 B
Slightly volatile
Non Current Assets Total65.6 B128.9 B86.6 B
Slightly volatile
Non Currrent Assets Other17.6 B16.8 B9.5 B
Slightly volatile
Cash And Short Term Investments910.7 M748 M1.3 B
Slightly volatile
Net Receivables2.4 BB2.8 B
Slightly volatile
Liabilities And Stockholders Equity72 B139.3 B94.4 B
Slightly volatile
Non Current Liabilities Total95.2 B90.6 B62.3 B
Slightly volatile
Inventory1.9 B3.4 B2.3 B
Slightly volatile
Other Current Assets2.5 B2.4 B1.1 B
Slightly volatile
Other Stockholder Equity6.9 B13.7 B9.2 B
Slightly volatile
Total Liabilities52.1 B104.1 B69.2 B
Slightly volatile
Total Current Assets6.4 B10.4 B7.8 B
Slightly volatile
Short Term Debt3.6 BB4.2 B
Slightly volatile
Common Stock5.9 B5.4 B4.9 B
Slightly volatile
Current Deferred Revenue356 M503 M431.2 M
Slightly volatile
Good Will4.3 B5.9 B3.3 B
Slightly volatile
Intangible Assets643.7 M368 M541.4 M
Pretty Stable
Short Term Investments2.6 B2.4 B1.8 B
Slightly volatile
Other Assets17.3 B20.4 B15.2 B
Slightly volatile
Long Term Debt47.1 B51.6 B43.9 B
Slightly volatile
Capital Surpluse12.6 B15.7 B11.1 B
Slightly volatile
Property Plant Equipment114.2 B108.8 B33.7 B
Slightly volatile
Net Tangible Assets31.8 B35 B29.1 B
Slightly volatile
Warrants465.6 M523.8 M570.4 M
Slightly volatile
Noncontrolling Interest In Consolidated Entity3.4 B3.7 B4.2 B
Slightly volatile
Common Stock Total Equity5.9 B6.2 B5.4 B
Slightly volatile
Retained Earnings Total Equity12.4 B13.3 B11.5 B
Slightly volatile
Long Term Debt Total53.5 B58.3 B47.2 B
Slightly volatile
Long Term Investments8.1 B8.8 B10.1 B
Slightly volatile
Property Plant And Equipment Gross126.3 B149.3 B101 B
Slightly volatile

Southern Company Income Statement

Current ValueLast YearHistorical Average 10 Year Trend
Total Revenue15.6 B25.3 B19.7 B
Slightly volatile
Gross Profit8.3 B11.7 B8.8 B
Slightly volatile
Operating Income3.6 B5.8 B4.5 B
Very volatile
EBIT3.6 B6.8 B4.7 B
Pretty Stable
EBITDA6.7 B11.7 B7.4 B
Slightly volatile
Net Income4.2 BB2.6 B
Slightly volatile
Depreciation And Amortization5.2 BB2.9 B
Slightly volatile
Interest Expense2.6 B2.4 B1.5 B
Slightly volatile
Other Operating Expenses13.9 B19.4 B15.8 B
Slightly volatile
Cost Of Revenue9.5 B13.5 B11.2 B
Slightly volatile
Total Operating Expenses4.4 B5.9 B4.6 B
Slightly volatile
Income Before Tax2.9 B4.3 B3.3 B
Pretty Stable
Selling General Administrative1.1 B1.6 B1.2 B
Slightly volatile
Tax Provision885.9 M451.9 M790.5 M
Slightly volatile
Interest Income1.7 B1.9 B1.5 B
Slightly volatile
Net Income Applicable To Common SharesB4.1 B2.7 B
Slightly volatile
Extraordinary Items25.6 M27 M154.3 M
Slightly volatile
Preferred Stock And Other Adjustments10.9 M9.9 M14.1 M
Slightly volatile
Net Income From Continuing Ops3.2 B3.9 B3.1 B
Pretty Stable
Non Operating Income Net Other741.4 MB539.3 M
Slightly volatile
Non Recurring303.1 M288.6 M57.8 M
Slightly volatile

Southern Company Cash Flow Statement

Current ValueLast YearHistorical Average 10 Year Trend
Begin Period Cash Flow2.1 BB1.3 B
Slightly volatile
Capital Expenditures4.9 B9.1 B6.4 B
Slightly volatile
Total Cash From Operating Activities4.7 B7.6 B5.8 B
Slightly volatile
Net Income2.1 BB2.5 B
Slightly volatile
End Period Cash Flow920.4 M921 M1.3 B
Slightly volatile
Stock Based Compensation77 M137 M101 M
Slightly volatile
Depreciation5.2 BB3.2 B
Slightly volatile
Net Borrowings3.9 B4.8 B2.8 B
Slightly volatile

Financial Ratios

Current ValueLast YearHistorical Average 10 Year Trend
Price To Sales Ratio3.183.03222.4413
Slightly volatile
Dividend Yield0.05930.03960.0483
Slightly volatile
PTB Ratio1.52.43522.0242
Slightly volatile
Days Sales Outstanding39.5557.280149.7046
Slightly volatile
Book Value Per Share16.4932.257325.4413
Slightly volatile
Operating Cash Flow Per Share3.946.91675.9046
Very volatile
Stock Based Compensation To Revenue0.00310.00540.0044
Slightly volatile
Capex To Depreciation1.631.82412.1232
Pretty Stable
PB Ratio1.52.43522.0242
Slightly volatile
EV To Sales5.795.51674.3421
Slightly volatile
ROIC0.06730.05540.0555
Slightly volatile
Inventory Turnover5.874.04094.7908
Slightly volatile
Net Income Per Share3.823.6412.686
Slightly volatile
Days Of Inventory On Hand59.3490.327180.4789
Slightly volatile
Payables Turnover6.444.67395.2508
Pretty Stable
Sales General And Administrative To Revenue0.01020.01150.0126
Slightly volatile
Capex To Revenue0.210.36020.3133
Pretty Stable
Cash Per Share0.90.6851.6553
Slightly volatile
POCF Ratio6.0410.13788.2445
Slightly volatile
Interest Coverage4.072.38183.4472
Slightly volatile
Payout Ratio0.690.76330.96
Very volatile
Capex To Operating Cash Flow0.81.20421.0825
Slightly volatile
Days Payables Outstanding54.0878.09374.3975
Very volatile
Income Quality1.881.89962.6198
Pretty Stable
ROE0.130.12640.1085
Very volatile
EV To Operating Cash Flow10.4418.444714.4804
Slightly volatile
PE Ratio11.7419.258320.5903
Pretty Stable
Return On Tangible Assets0.03410.02970.0233
Pretty Stable
Earnings Yield0.10.05190.068
Slightly volatile
Net Debt To EBITDA3.145.3424.705
Slightly volatile
Current Ratio0.620.77460.7773
Slightly volatile
Tangible Book Value Per Share25.8327.1941184
Slightly volatile
Receivables Turnover8.486.37227.6355
Slightly volatile
Graham Number24.9848.569236.1895
Slightly volatile
Shareholders Equity Per Share15.6628.794923.5595
Slightly volatile
Debt To Equity1.121.96231.5436
Slightly volatile
Capex Per Share8.758.32886.8253
Slightly volatile
Revenue Per Share14.2223.125520.4496
Pretty Stable
Interest Debt Per Share61.6858.743641.8372
Slightly volatile
Debt To Assets0.30.44280.3854
Slightly volatile
Enterprise Value Over EBITDA7.4611.861510.9787
Slightly volatile
Short Term Coverage Ratios1.181.58051.5669
Slightly volatile
Price Earnings Ratio11.7419.258320.5903
Pretty Stable
Operating Cycle98.89148130
Slightly volatile
Price Book Value Ratio1.52.43522.0242
Slightly volatile
Days Of Payables Outstanding54.0878.09374.3975
Very volatile
Dividend Payout Ratio0.690.76330.96
Very volatile
Price To Operating Cash Flows Ratio6.0410.13788.2445
Slightly volatile
Pretax Profit Margin0.130.17210.1682
Slightly volatile
Ebt Per Ebit0.580.74580.7542
Pretty Stable
Operating Profit Margin0.250.23070.2193
Pretty Stable
Effective Tax Rate0.110.11420.2388
Slightly volatile
Company Equity Multiplier2.944.43113.9008
Slightly volatile
Long Term Debt To Capitalization0.430.64420.565
Slightly volatile
Total Debt To Capitalization0.460.66240.5938
Slightly volatile
Return On Capital Employed0.080.04630.0568
Slightly volatile
Debt Equity Ratio1.121.96231.5436
Slightly volatile
Ebit Per Revenue0.250.23070.2193
Pretty Stable
Quick Ratio0.440.52570.5302
Pretty Stable
Dividend Paid And Capex Coverage Ratio0.840.62270.7068
Slightly volatile
Net Income Per E B T0.580.91510.7418
Slightly volatile
Cash Ratio0.080.05550.1178
Pretty Stable
Cash Conversion Cycle61.6169.514256.906
Slightly volatile
Operating Cash Flow Sales Ratio0.210.29910.2882
Slightly volatile
Days Of Inventory Outstanding59.3490.327180.4789
Slightly volatile
Days Of Sales Outstanding39.5557.280149.7046
Slightly volatile
Cash Flow Coverage Ratios0.210.12240.1768
Slightly volatile
Price To Book Ratio1.52.43522.0242
Slightly volatile
Fixed Asset Turnover0.420.24770.3051
Slightly volatile
Capital Expenditure Coverage Ratio1.180.83050.9571
Slightly volatile
Price Cash Flow Ratio6.0410.13788.2445
Slightly volatile
Enterprise Value Multiple7.4611.861510.9787
Slightly volatile
Debt Ratio0.30.44280.3854
Slightly volatile
Cash Flow To Debt Ratio0.210.12240.1768
Slightly volatile
Price Sales Ratio3.183.03222.4413
Slightly volatile
Return On Assets0.0360.02850.0283
Pretty Stable
Asset Turnover0.310.18120.2294
Slightly volatile
Net Profit Margin0.0960.15740.1238
Very volatile
Gross Profit Margin0.530.46360.4551
Pretty Stable
Price Fair Value1.52.43522.0242
Slightly volatile
Return On Equity0.130.12640.1085
Very volatile

Southern Company Valuation Data

Current ValueLast YearHistorical Average 10 Year Trend
Market Cap41.8 B39.8 B39.4 B
Slightly volatile
Enterprise Value47.8 B61.6 B63.6 B
Pretty Stable

Southern Fundamental Market Drivers

Cash And Short Term Investments748 M

About Southern Company Financial Statements

Southern Company stakeholders use historical fundamental indicators, such as Southern Company's revenue or net income, to determine how well the company is positioned to perform in the future. Although Southern Company investors may analyze each financial statement separately, they are all interrelated. For example, changes in Southern Company's assets and liabilities are reflected in the revenues and expenses on Southern Company's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Southern Company Series. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Current Deferred Revenue503 M356 M
Total Revenue25.3 B15.6 B
Cost Of Revenue13.5 B9.5 B
Sales General And Administrative To Revenue 0.01  0.01 
Capex To Revenue 0.36  0.21 
Revenue Per Share 23.13  14.22 
Ebit Per Revenue 0.23  0.25 

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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether Southern Company is a strong investment it is important to analyze Southern Company's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Southern Company's future performance. For an informed investment choice regarding Southern Stock, refer to the following important reports:
Check out the analysis of Southern Company Correlation against competitors.
For information on how to trade Southern Stock refer to our How to Trade Southern Stock guide.
You can also try the Price Exposure Probability module to analyze equity upside and downside potential for a given time horizon across multiple markets.
Is Utilities space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Southern Company. If investors know Southern will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Southern Company listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Return On Equity
0.1204
The market value of Southern Company is measured differently than its book value, which is the value of Southern that is recorded on the company's balance sheet. Investors also form their own opinion of Southern Company's value that differs from its market value or its book value, called intrinsic value, which is Southern Company's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Southern Company's market value can be influenced by many factors that don't directly affect Southern Company's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Southern Company's value and its price as these two are different measures arrived at by different means. Investors typically determine if Southern Company is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Southern Company's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.