Southern Financial Statements From 2010 to 2024

SO Stock  USD 88.14  0.17  0.19%   
Southern financial statements provide useful quarterly and yearly information to potential Southern Company 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 financial statements helps investors assess Southern's valuation, profitability, and current liquidity needs. Key fundamental drivers impacting Southern's valuation are summarized below:
Gross Profit
10.8 B
Profit Margin
0.1787
Market Capitalization
96.4 B
Enterprise Value Revenue
6.0845
Revenue
26.4 B
We have found one hundred twenty available fundamental trend indicators for Southern Company, which can be analyzed and compared to other ratios and to its competition. Self-guided Investors are advised to double-check Southern's current fundamentals against the trend between 2010 and 2024 to make sure the company can sustain itself down the road. As of the 22nd of November 2024, Market Cap is likely to grow to about 41.8 B, while Enterprise Value is likely to drop about 47.8 B.

Southern Total Revenue

15.57 Billion

Check Southern financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Southern'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 Valuation or Volatility modules.
  
Check out the analysis of Southern Correlation against competitors.

Southern 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 B5.1 B3.3 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 Earnings8.2 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
Common Stock Total Equity5.9 B6.2 B4.9 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 AssetsB1.9 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
Property Plant And Equipment Gross146.6 B139.7 B83 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
Other Liabilities39.1 B37.2 B22.7 B
Slightly volatile
Other Assets25.8 B24.6 B14.2 B
Slightly volatile
Long Term Debt60.1 B57.2 B25.3 B
Slightly volatile
Preferred Stock Total Equity354 M372.6 M661.4 M
Slightly volatile
Property Plant Equipment57 B108.8 B69.5 B
Slightly volatile
Net Tangible Assets27.7 B35 B25 B
Slightly volatile
Warrants415.2 M669.3 M409 M
Slightly volatile
Long Term Debt Total42.1 B58.3 B36.4 B
Slightly volatile
Capital Surpluse10.8 B15.7 B9.4 B
Slightly volatile
Long Term Investments3.6 B3.8 B5.9 B
Slightly volatile
Short and Long Term Debt5.2 B4.8 B4.4 B
Slightly volatile
Capital Lease Obligations1.2 B1.5 B665.8 M
Slightly volatile
Non Current Liabilities Other1.8 BB2.4 B
Slightly volatile
Cash And Equivalents1.4 B1.7 B1.8 B
Slightly volatile
Net Invested Capital88.2 B93.4 B78.2 B
Slightly volatile
Capital Stock4.4 B5.4 B5.4 B
Slightly volatile

Southern 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 B4.5 B
Pretty Stable
EBITDA6.7 B11.7 B7.4 B
Slightly volatile
Net Income4.2 BB2.6 B
Slightly volatile
Depreciation And Amortization5.2 BB3.1 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
Net Income Applicable To Common Shares2.2 B4.1 B2.5 B
Slightly volatile
Extraordinary Items32.8 M34.5 M137.8 M
Slightly volatile
Net Income From Continuing Ops2.8 B2.9 B2.4 B
Slightly volatile
Non Operating Income Net Other1.1 BB423.3 M
Slightly volatile
Preferred Stock And Other Adjustments9.4 M9.9 M37.4 M
Slightly volatile
Tax Provision567.6 M396 M861.5 M
Slightly volatile
Interest Income1.7 B2.2 B1.3 B
Slightly volatile
Reconciled Depreciation4.2 B4.7 B3.7 B
Slightly volatile
Non Recurring134.6 M225.9 M203.4 M
Slightly volatile

Southern Cash Flow Statement

Current ValueLast YearHistorical Average 10 Year Trend
Begin Period Cash Flow2.1 BB1.3 B
Slightly volatile
Dividends Paid1.7 BB2.2 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
Issuance Of Capital Stock29.4 M31 M844.6 M
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
ROIC0.06730.05520.0555
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 Share3.052.90481.9467
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 Equity1.121.97181.5443
Slightly volatile
Capex Per Share8.758.32886.8253
Slightly volatile
Revenue Per Share14.2223.125520.4496
Pretty Stable
Interest Debt Per Share61.9759.016541.8748
Slightly volatile
Debt To Assets0.30.4450.3856
Slightly volatile
Enterprise Value Over EBITDA7.4611.861510.9787
Slightly volatile
Short Term Coverage Ratios1.181.57681.5667
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 Capitalization0.430.64530.5651
Slightly volatile
Total Debt To Capitalization0.460.66350.5939
Slightly volatile
Return On Capital Employed0.080.04630.0568
Slightly volatile
Debt Equity Ratio1.121.97181.5443
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 Ratios0.210.12180.1768
Slightly volatile
Price To Book Ratio1.52.43522.0242
Slightly volatile
Fixed Asset Turnover0.420.24980.3052
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 Ratio0.30.4450.3856
Slightly volatile
Cash Flow To Debt Ratio0.210.12180.1768
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 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

Forward Price Earnings20.5339
Cash And Short Term Investments748 M

Southern Upcoming Events

15th of February 2024
Upcoming Quarterly Report
View
25th of April 2024
Next Financial Report
View
31st of December 2023
Next Fiscal Quarter End
View
15th of February 2024
Next Fiscal Year End
View
30th of September 2023
Last Quarter Report
View
31st of December 2022
Last Financial Announcement
View

About Southern Financial Statements

Southern investors utilize fundamental indicators, such as revenue or net income, to predict how Southern Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
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 

Pair Trading with Southern

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Southern position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Southern will appreciate offsetting losses from the drop in the long position's value.

Moving together with Southern Stock

  0.89D Dominion EnergyPairCorr
  0.76ED Consolidated EdisonPairCorr

Moving against Southern Stock

  0.39HE Hawaiian ElectricPairCorr
The ability to find closely correlated positions to Southern could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Southern when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Southern - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Southern Company to buy it.
The correlation of Southern is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Southern moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Southern moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Southern can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
Check out the analysis of Southern Correlation against competitors.
You can also try the Portfolio Suggestion module to get suggestions outside of your existing asset allocation including your own model portfolios.
Is Electric 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. 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 listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.078
Dividend Share
2.84
Earnings Share
4.29
Revenue Per Share
24.135
Quarterly Revenue Growth
0.042
The market value of Southern 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's value that differs from its market value or its book value, called intrinsic value, which is Southern'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's market value can be influenced by many factors that don't directly affect Southern'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's value and its price as these two are different measures arrived at by different means. Investors typically determine if Southern is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Southern'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.