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SO · NYSE · United States · Electric Services
In shortSOUTHERN CO is profitable, burns cash and carries moderate debt, with revenue growing (+10.4% last year).
Financial health
Weak
Built from five areas over the last five annual reports. Tap an area to see the figures behind it.
| Operating marginShare of each sale left after running the business, before interest and tax. | 24.7% | 99/100 |
|---|---|---|
| Net marginShare of each sale left as profit after every cost, interest and tax. | 14.7% | 79/100 |
| Return on equityProfit earned on the money shareholders put in. Above 15% is strong. | 12.5% | 63/100 |
| Return on invested capitalProfit earned on all the capital used (equity and debt). Above 10% usually means a real competitive edge. | 5.6% | 38/100 |
Weight in the score: 25%
| Current ratioShort-term assets divided by short-term debts. Below 1 can mean tight cash. | 0.65× | 0/100 |
|---|---|---|
| Debt / equityDebt compared with the shareholders' stake. Above 2 is heavily indebted. | 2.00× | 0/100 |
| Net debt / EBITDAYears of operating profit needed to repay net debt. Below 2 is comfortable. | 5.27× | 0/100 |
| Interest coverageHow many times operating profit covers interest. Below 2 is risky. | 2.25× | 7/100 |
| Altman Z''Bankruptcy-risk model. Above 2.6 safe, below 1.1 distress. | 0.70 | 0/100 |
Weight in the score: 25%
| Free cash flow marginCash left from each sale after investments. The money that can pay dividends or reduce debt. | -9.9% | 0/100 |
|---|---|---|
| Free cash flow / net incomeHow much accounting profit turns into real cash. Near 1 or above is healthy. | -0.68× | 0/100 |
| Years with positive free cash flow (last 5) | 1 of 5 | 0/100 |
Weight in the score: 20%
| Profitable years (last 5) | 5 of 5 | 100/100 |
|---|---|---|
| Years of revenue decline (last 5) | 1 of 5 | 67/100 |
| Revenue growth volatility | 13.9% | 60/100 |
| Operating margin volatility | 4.5% | 69/100 |
Weight in the score: 20%
| Revenue growth, 3-year average | 0.3% | 18/100 |
|---|---|---|
| EPS growth, 3-year average | 6.3% | 57/100 |
Weight in the score: 10%
Fiscal year 2025 · change vs prior year
Annual figures as reported. Hover a bar or point for the exact value.
5 older years available with the 10-year history. Essential plan, from €8.25/month →
The last 5 fiscal years from the company's annual reports.
USD millions; negative values in parentheses.
| Fiscal year | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|
| Revenue | 23,463 | 29,279 | 25,253 | 26,764 | 29,553 |
| Operating income | 3,698 | 5,370 | 5,826 | 7,068 | 7,285 |
| Interest expense | 1,837 | 2,022 | 2,446 | 2,743 | 3,238 |
| Pre-tax income | 2,576 | 4,223 | 4,345 | 5,229 | 4,999 |
| Income tax | 267 | 795 | 496 | 969 | 828 |
| Net income | 2,393 | 3,524 | 3,976 | 4,401 | 4,341 |
| Diluted EPS | $2.24 | $3.26 | $3.62 | $3.99 | $3.92 |
| Diluted shares (millions) | 1,068 | 1,081 | 1,098 | 1,102 | 1,109 |
5 older years available with the 10-year history. Essential plan, from €8.25/month →
The last 8 reported quarters (10-Q and 10-K filings), in USD millions. The fourth quarter is derived from the annual report.
The last 8 quarters of SOUTHERN CO are included in the Investor plan. Try free for 7 days →
0.70 Distress zone
Estimates bankruptcy risk from working capital, retained earnings, operating profit and equity. Above 2.6 is considered safe, below 1.1 signals distress.
4/9
Nine yes-or-no tests on profitability, debt, liquidity and efficiency versus the prior year. 7 to 9 is strong, 0 to 3 is weak.
All figures: SEC EDGAR. Ratios and scores are computed by Scorvest (see how it works). Information only, not investment advice. How it works
Latest annual report: Jun 30, 2026 · Data updated Apr 30, 2026