SO Stock Analysis: Southern | NYSE
Utilities - Regulated Electric | NYSE, USA | Market Cap: 107.508m USD | 12M Return: 6.4% | US8425871071 | Charts, Fundamentals & Technical Analysis
Avg Turnover: 588M
EPS Trend: 88.4%
Qual. Beats: 3
Rev. Trend: 99.4%
Qual. Beats: 1
Warnings
Tailwinds
Seasonality 11.9 years of data, until 10/2026
How good or bad each month usually is (without trend). The score below shows how much you can trust it: 0 = pure chance, ≥40 worth a closer look and ≥60 is strong.
The Southern Company is a U.S. utilities holding company that, through its subsidiaries, generates, sells, and distributes electricity to both retail and wholesale customers across its service territories. Beyond core electricity operations, the company is involved in battery energy storage development, microgrid deployment for commercial and industrial clients, natural gas distribution in four states (Illinois, Georgia, Virginia, and Tennessee), and investments in telecommunications infrastructure. Headquartered in Atlanta, Georgia, and incorporated in 1945, Southern Company operates as a regulated electric utility under the GICS Electric Utilities sub-industry classification, a sector characterized by state-regulated rate structures and franchise-based service monopolies within designated geographic areas.
- Georgia rate case approval lifts allowed return on equity
- Grid modernization capex exceeds $40 billion through 2028
- Rising interest costs pressure earnings on high debt load
| Net Income: 4.99b TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.01 > 0.02 and ΔFCF/TA 2.87 > 1.0 |
| NWC/Revenue: -7.31% < 20% (prev -14.18%; Δ 6.86% < -1%) |
| CFO/TA 0.06 > 3% & CFO 10.1b > Net Income 4.99b |
| Net Debt (75.2b) to EBITDA (15.1b): 4.99 < 3 |
| Current Ratio: 0.84 > 1.5 & < 3 |
| Outstanding Shares: last quarter (1.16b) vs 12m ago 4.50% < -2% |
| Gross Margin: 49.74% > 18% (prev 49.10%; Δ 0.64% > 0.5%) |
| Asset Turnover: 19.66% > 50% (prev 18.87%; Δ 0.79% > 0%) |
| Interest Coverage Ratio: 2.57 > 6 (EBIT TTM 8.67b / Interest Expense TTM 3.38b) |
| A: -0.01 (Total Current Assets 11.9b - Total Current Liabilities 14.1b) / Total Assets 164b |
| B: 0.10 (Retained Earnings 16.9b / Total Assets 164b) |
| C: 0.05 (EBIT TTM 8.67b / Avg Total Assets 159b) |
| D: 0.35 (Book Value of Equity 42.1b / Total Liabilities 119b) |
| Altman-Z'' = 0.98 = BB |
| DSRI: 1.13 (Receivables 4.75b/3.90b, Revenue 31.2b/28.9b) |
| GMI: 0.99 (GM 49.10% / 49.74%) |
| AQI: 1.02 (AQ_t 0.18 / AQ_t-1 0.18) |
| SGI: 1.08 (Revenue 31.2b / 28.9b) |
| TATA: -0.03 (NI 4.99b - CFO 10.1b) / TA 164b) |
| Beneish M = -2.87 (Cap -4..+1) = A |
As of November 12, 2026, the stock is trading at USD 93.84 with a total of 4,883,530 shares traded. Over the past week, the price has changed by +0.77%, over one month by +7.81%, over three months by +2.93% and over the past year by +6.36%.
Current recommended Stop Loss: 89.80 (which is 4.3% or 2.2 ATR below the current price).
Southern has received a consensus analysts rating of 3.42. Therefore, it is recommended to hold SO.
- StrongBuy: 7
- Buy: 1
- Hold: 13
- Sell: 1
- StrongSell: 2
| Analysts Target Price | 95.9 | 2.2% |
P/E Trailing = 21.0822
P/E Forward = 18.9753
P/S = 3.4459
P/B = 2.584
P/EG = 2.206
Revenue TTM = 31.2b USD
EBIT TTM = 8.67b USD
EBITDA TTM = 15.1b USD
Long Term Debt = 69.5b USD (from longTermDebt, last quarter)
Short Term Debt = 4.71b USD (from shortTermDebt, last quarter)
Debt = 77.0b USD (from shortLongTermDebtTotal, last quarter) + Leases 1.49b
Net Debt = 75.2b USD (calculated: Debt 77.0b - CCE 1.74b)
Enterprise Value = 183b USD (108b + Debt 77.0b - CCE 1.74b)
Interest Coverage Ratio = 2.57 (Ebit TTM 8.67b / Interest Expense TTM 3.38b)
EV/FCF = 82.03x (Enterprise Value 183b / FCF TTM 2.23b)
FCF Yield = 1.22% (FCF TTM 2.23b / Enterprise Value 183b)
FCF Margin = 7.14% (FCF TTM 2.23b / Revenue TTM 31.2b)
Net Margin = 16.00% (Net Income TTM 4.99b / Revenue TTM 31.2b)
Gross Margin = 49.74% ((Revenue TTM 31.2b - Cost of Revenue TTM 15.7b) / Revenue TTM)
Gross Margin QoQ = 76.06% (prev 51.27%)
Tobins Q-Ratio = 1.11 (Enterprise Value 183b / Total Assets 164b)
Interest Expense / Debt = 4.39% (Interest Expense 3.38b / Debt 77.0b)
Taxrate = 13.30% (756.0m / 5.68b)
NOPAT = 7.51b (EBIT 8.67b * (1 - 13.30%))
Current Ratio = 0.84 (Total Current Assets 11.9b / Total Current Liabilities 14.1b)
Debt / Equity = 1.83 (Debt 77.0b / totalStockholderEquity, last quarter 42.1b)
Debt / EBITDA = 4.99 (Net Debt 75.2b / EBITDA 15.1b)
Debt / FCF = 33.77 (Net Debt 75.2b / FCF TTM 2.23b)
Total Stockholder Equity = 38.7b (last 4 quarters mean from totalStockholderEquity)
RoA = 3.15% (Net Income 4.99b / Total Assets 164b)
RoE = 12.90% (Net Income TTM 4.99b / Total Stockholder Equity 38.7b)
RoCE = 8.01% (EBIT 8.67b / Capital Employed (Equity 38.7b + L.T.Debt 69.5b))
RoIC = 4.90% (NOPAT 7.51b / Invested Capital 153b)
WACC = 4.26% (E(108b)/V(184b) * Re(4.58%) + D(77.0b)/V(184b) * Rd(4.39%) * (1-Tc(0.13)))
Discount Rate = 4.58% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: 82.68 | Cagr: 2.24%
[DCF] Terminal Value 75.44% ; FCFF base≈2.23b ; Y1≈2.24b ; Y5≈2.37b
[DCF] Fair Price = N/A (negative equity: EV 36.9b - Net Debt 75.2b = -38.4b; debt exceeds intrinsic value)
EPS Correlation: 88.42 | EPS CAGR: 7.89% | SUE: 4.0 | # QB: 3
Revenue Correlation: 99.39 | Revenue CAGR: 8.28% | SUE: 1.08 | # QB: 1
EPS current Quarter (2027-03-31): EPS=1.34 | Chg30d=+0.24% | Revisions=+0% | Analysts=9
EPS current Year (2026-12-31): EPS=4.59 | Chg30d=+0.09% | Revisions=+42% | GrowthEPS=+6.8% | GrowthRev=+4.4%
EPS next Year (2027-12-31): EPS=4.92 | Chg30d=-0.10% | Revisions=-30% | GrowthEPS=+7.1% | GrowthRev=+5.8%
[Analyst] Revisions Ratio: +9% (up=11, down=9)