Southern Company (The)

As of June 30, 2026, Southern Company carries a market capitalization of 96.48B, placing it among publicly traded companies globally. Its enterprise value stands at 163.77B, reflecting the total theoretical takeover cost after accounting for cash holdings and debt obligations.

Southern Company's next confirmed earnings release is scheduled for November 5, 2026.

As of June 30, 2026, Southern Company has 1.15B shares outstanding.

As of June 30, 2026, Southern Company trades at a trailing price-to-earnings ratio of 23.00. The price-to-sales ratio is 3.55, and the price-to-book ratio stands at 2.79.

As of June 30, 2026, Southern Company trades at an EV/EBITDA multiple of 13.71 - the valuation measure that neutralizes differences in capital structure, tax rates, and depreciation policy, making it the standard yardstick for comparing companies across an industry. The EV/Sales ratio of 6.20 reflects the premium investors pay for the company's revenue stream, a useful check when earnings are depressed or negative. Its EV/EBIT multiple of 25.61 values the business against core operating earnings after depreciation, a stricter test than EV/EBITDA for capital-intensive businesses. These enterprise value multiples are built on an enterprise value of 163.77B versus a market cap of 96.48B, with the gap driven by net debt and cash on the balance sheet.

As of June 30, 2026, Southern Company maintains a current ratio of 0.79, meaning it holds 0.8x the short-term assets needed to cover near-term liabilities. The debt-to-equity ratio is 182.06, indicating elevated leverage, while an interest coverage ratio of 4.23 demonstrates adequate ability to service its debt obligations.

Over the twelve months ended June 30, 2026, Southern Company posted a return on equity (ROE) of 12.66, showing how much profit the company earns on every dollar of shareholder capital. Return on invested capital (ROIC) comes in at 5.56 - the clearest signal of whether the business earns more on its capital than that capital costs, and the core measure of a durable competitive advantage. Return on assets (ROA) stands at 3.00, measuring how efficiently the asset base is converted into earnings. Return on capital employed (ROCE) is 6.63, useful for judging operating efficiency across full business cycles. The company generates approximately 895,417.06 in revenue per employee across its workforce of 29,500.00, a quick read on workforce productivity versus industry peers. Inventory turnover of 4.89 indicates how many times Southern Company sells and replaces its inventory over a year, a key working capital efficiency ratio.

Over the twelve months ended June 30, 2026, Southern Company recorded 589.95M in income tax expense. That works out to an effective tax rate of 12.84, which can sit above or below the statutory corporate tax rate depending on foreign earnings mix, tax credits, and one-off items. Taxes are levied on pretax income of 4.59B, leaving 4.08B in net income after tax - the gap is what shifts in the tax rate do to reported earnings and EPS.

As of the close on October 22, 2026, Southern Company's stock has declined approximately 0.62% over the past 52 weeks. The 50-day moving average sits at 76.61, while the 200-day moving average is 79.77.

Over the twelve months ended June 30, 2026, Southern Company generated 26.41B in revenue and converted that into 4.08B in net income, yielding earnings per share of 3.57. EBITDA reached 11.95B, while operating income came in at 6.39B.

As of June 30, 2026, Southern Company holds 2.61B in cash and equivalents against 67.47B in total debt, resulting in a net debt position of 63.55B. Total book value stands at 34.64B, with working capital of -2.94B providing operational flexibility.

Southern Company produced 9.32B in operating cash flow over the twelve months ended June 30, 2026. After subtracting -12.18B in capital expenditures, free cash flow totaled -2.86B - equivalent to -2.56 per share.

Over the twelve months ended June 30, 2026, Southern Company posted a gross margin of 48.29, reflecting its pricing power and cost economics. The operating margin of 24.21 and net profit margin of 15.43 provide insight into operational efficiency.

Over the twelve months ended June 30, 2026, Southern Company paid dividends of 2.43 per share. The dividend payout ratio of 69.03 indicates the proportion of earnings distributed to shareholders, a key gauge of how sustainable the dividend is and how much room remains for future dividend growth. Free cash flow yield is negative at -3.04: the business is consuming cash rather than generating it, so any dividend is not covered by free cash flow. Total shareholder yield is negative at -5.50, meaning Southern Company raised more capital through share issuance and new debt than it returned via dividends and buybacks.

Southern Company's most recent stock split took place on March 1, 1994 with a 1:2 split ratio.

As of June 30, 2026, Southern Company has an Altman Z-Score of 1.01, below the 3.0 threshold that indicates strong financial health and minimal bankruptcy risk.