Stock · SO · Utilities

Southern Company

United States · Large Cap · listed since 1981 · Revenue 12 mo. $30.2B

Price as of 11/06/2026

StockScorer score
0.9
of 10 1 of 11 points Low Match To the score
Price
$92.34
1 Y −8.0%
Market cap
$106B
Phase
Mature
core business profitable, revenue barely moving
Revenue +0.3% a year (3 years)EBIT margin 24.6%Payout 35.1% of operating cash flow

The Southern Company, through its subsidiaries, engages in the sale of electricity.

moreless

The Southern Company, through its subsidiaries, engages in the sale of electricity. The company offers electric service to retail customers and wholesale customers; and energy-related products and services to natural gas choice markets. It also develops, constructs, acquires, owns, operates, and manages power generation assets, as well as battery energy storage projects; sells electricity at market-based rates in the wholesale market; and deploys microgrids for commercial, industrial, governmental, and utility customers. In addition, the company is involved in the distribution of natural gas in Illinois, Georgia, Virginia, and Tennessee; distributes energy and resilience solutions; and invests in telecommunications. The Southern Company was incorporated in 1945 and is headquartered in Atlanta, Georgia.

Original text from the data provider

Summary

Southern Company is around the middle of the Utilities sector overall

51.1 of 100

Mean of the six area values. Each area value is the mean of the stock's ranks among the companies in its sector. 50 is the middle of the sector, not a share of companies beaten.

Analysis

What the price requires

Free cash flow was negative in 2025. No priced-in expectation can be derived from it.

Valuation against its own history

Price to operating cash flow 10.3×, within its usual range.

Middle half of 20 quarters: 10.1× to 11.8×, median 10.8×.

Measures only against its own past, not against what the company is worth. Price as of 11/06/2026.

No sign supports the expectation, 3 speak against it.

What supports it

with respect to the priced-in expectation

No indication in the stored figures.

What speaks against it

with respect to the priced-in expectation

  • Negative free cash flow FCF −€2.6B (2025)
  • High leverage debt to equity 2.06
  • Dividend above free cash flow

Since the last quarter

Q1 → Q2 2026

Mostly better than the previous quarter: 2 of 3 changes for the better.

  • FCF, 12 mo.−$3.8B → $2.6Bsign changedbetter
  • FCF margin−12.5% → 8.5%+21.1 ppbetter
  • Shares outstanding1.13B → 1.14B+1.2%worse

5 more unchanged: Revenue, 12 mo., Gross margin, EBIT margin, Net debt, Return on equity

Derivation

How the sector comparison is derived

Each area value is the average of its metrics' ranks within the sector (0 to 100, 50 is the middle). For metrics where lower is better, the rank is mirrored. The overall value is the average of the area values.

Price as of 11/06/2026.

Profitability55.4around the middleEarns about as much as the sector.
MetricStockSector medianPosition in sector
Return on equity12.05%9.62%Rank 73
Return on capital (Greenblatt)6.24%6.41%Rank 47
EBIT margin24.60%19.18%Rank 73
FCF margin−9.93%−1.66%Rank 32
Gross margin29.81%29.12%Rank 53
Growth56.4around the middleGrows about as fast as the sector.
MetricStockSector medianPosition in sector
Revenue growth, 1 year10.59%4.81%Rank 75
Earnings growth, 3 years per year6.18%7.55%Rank 44
Earnings growth, 5 years per year5.73%6.85%Rank 42
Sustainable growth (ROE × retained earnings)43.10%28.08%Rank 65
Valuation35.3below the middleValued higher than the sector: EV/EBIT 24.54, sector 21.24.
MetricStockSector medianPosition in sector
Earnings yield4.24%4.89%Rank 39
FCF yield−2.77%−0.91%Rank 42
EV/saleslower is better6.044.63Rank 32
EV/EBITlower is better24.5421.24Rank 28
Momentum46.1around the middleShare price moving about like the sector.
MetricStockSector medianPosition in sector
Share price, 1 year−8.02%−1.83%Rank 34
Share price, 6 months1.07%0.12%Rank 55
Share price, 3 months4.75%6.83%Rank 34
Distance from 52-week high−6.83%−9.51%Rank 62
Quality68.1above the middleQuality above the sector: Price reaction to results, market-adjusted 4.20%, sector 0.04%.
MetricStockSector medianPosition in sector
Accruals (Sloan)lower is better5.65%3.91%Rank 31
Change in share countlower is better0.54%0.35%Rank 48
Dividend streak in years358Rank 94
Price reaction to results, market-adjusted4.20%0.04%Rank 99
Balance sheet & risk45.2around the middleRisk about like the sector.
MetricStockSector medianPosition in sector
Equity ratio23.13%28.29%Rank 29
Net debt/EBITDAlower is better5.055.05Rank 50
Debt to equitylower is better2.061.51Rank 26
Volatility, 1 yearlower is better17.89%22.48%Rank 75

Ten years in figures

Revenue from $19.9B (2016) to $29.6B (2025), 4.5% a year.

Fiscal years, amounts in USD
YearRevenue, $BEBIT marginFCFSharesNet debt, $B
201619.922.6%−$2.4B990M45.5
201723.010.1%−$1.0B1.01B48.7
201823.517.8%−$1.1B1.03B45.5
201921.436.1%−$1.8B1.05B46.7
202020.424.0%−$745.0M1.06B50.0
202123.116.0%−$1.1B1.06B53.7
202229.318.3%−$1.6B1.08B57.2
202325.323.1%−$1.5B1.10B62.7
202426.726.5%$833.0M1.10B65.2
202529.624.6%−$2.9B1.11B72.4
0.9 / 10Low MatchStockScorer score1 of 11 points

1 of 7 StockScorer Score rules met · How the score is built

Southern Company mainly meets criteria in the Profitability category. Result from 18 strategies checked.

This stock · Profitability: 33%This stock · Growth: 0%This stock · Valuation: 0%This stock · Momentum: 0%Median of all stocks · Profitability: 33%Median of all stocks · Growth: 0%Median of all stocks · Valuation: 0%Median of all stocks · Momentum: 0%50%100%ProfitabilityGrowthValuationMomentumThis stockMedian of all stocks

How Southern Company's score is built

Southern Company is rated here with the StockScorer Score strategy, the flagship rule set. It compares return and cash-flow metrics with the median of the company's own sector and checks growth and price trend.

1 of 7 rules met

1 of 11 points

  1. Free cash flow yield above the sector mediannot met0 of 2 points
  2. Return on capital (Greenblatt ROC) above the sector mediannot met0 of 2 points
  3. Return on equity above the sector medianmet1 of 1 point
  4. Free cash flow margin above the sector mediannot met0 of 2 points
  5. Revenue growth above 15%not met0 of 2 points
  6. 3-year earnings growth above 12% p.a.not met0 of 1 point
  7. 12-month share price more than 20 percentage points ahead of the marketnot met0 of 1 point
  8. Exclusion: financial and real estate stocksdoes not apply

Detail data

How does Southern Company stock perform across 18 strategies?

Excerpt from 18 strategies checked. The full evaluation is visible after a free sign-up.

12 more strategies locked

With a free account, you can see the match across all strategies checked in one complete overview.

  • Dividend Aristocrats & Continuity
  • Trending Value: Value + Momentum
  • StockScorer Score
  • Levermann Strategy (13 Criteria)
  • Acquirer's Multiple: EV/EBIT Deep Value
  • Altman Z-Score: Stress Test
  • Moat Quality
  • Balanced GARP
  • High-Growth / Rule of 40
  • Magic Formula: Value + Quality
  • PEG Strategy (inspired by Peter Lynch)
  • Undervalued Stocks: Multi-Factor Check

Southern Company key metrics: P/E, P/B and equity ratio

Selected fundamental metrics for Southern Company.

MetricStockSector
P/E ratio23.619.8
P/B ratio2.81.9
Return on equity (ROE)12.1%9.6%
Equity ratio23.1%28.3%
Debt-to-equity (D/E)2.061.51
Dividend yield3.2%3.3%

Similar stocks in Utilities

How comparable stocks in the same sector score in the StockScorer model.

SymbolCompanyRating
SOSouthern Companythis page
DUKDuke Energy CorporationLow2.7
AEPAmerican Electric Power Co IncMedium5.5
DDominion Energy IncLow1.8
ETREntergy Corporationlocked
XELXcel Energy Inclocked

Frequently asked questions about Southern Company stock

How does Southern Company stock (SO) score in the StockScorer model?
Southern Company stock reaches a StockScorer score of 0.9 out of 10, which is a low match with the rule-based strategies. 1 out of 7 flagship profile rules are met.
What is Southern Company's P/E ratio?
Southern Company's P/E ratio is 23.6. The Utilities sector median is 19.8.
What sector is Southern Company in?
Southern Company is assigned to the Utilities sector. Its rank within the sector is 51.1 out of 100: 100 means the stock leads its peer group of large and mid-cap sector stocks in every measured area.

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