The Southern Company 2025 Series A Corporate Units (SOMN) Financials
Newest figures come from the filing for Q3 FY2026, filed Nov 4, 2026. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the SOMN SEC filings page.
The Southern Company 2025 Series A Corporate Units (SOMN) reported $31.2B in revenue over the twelve months to Sep 30, 2026, up 7.9% from the prior twelve months. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 15 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings.
Revenue growth is increasingly capital-hungry: FY2025 added sales, but heavier investment and financing costs weakened profit and reversed free cash flow.
Despite revenue growth of10.6% , operating margin fell 1.8 percentage points in FY2025, so added volume did not translate proportionally into operating earnings. Operating cash flow was$9.8B , while capex consumed129.9% of it, leaving free cash flow negative despite positive net income.
Liabilities were 75.0% of assets and debt-to-equity was 1.8x, making the asset base materially reliant on creditors. A current ratio of 0.6x means current assets did not cover current liabilities at year-end.
Capital spending rose
Financial Health Signals
We do not publish a peer-relative financial health score for The Southern Company 2025 Series A Corporate Units, because the score only covers companies whose filings and listing give us what it needs to compare them with their peers. The signals and metrics below are current.
The Southern Company 2025 Series A Corporate Units passes 4 of 8 computable financial strength tests (1 of the nine could not be computed from available data). 3 of 4 profitability signals pass, no leverage/liquidity signals pass (rising debt, declining liquidity, or share dilution), the one computable operating efficiency signal (asset turnover improving) passes.
For every $1 of reported earnings, The Southern Company 2025 Series A Corporate Units generates $2.26 in operating cash flow ($9.8B OCF vs $4.3B net income). This indicates profits are well-supported by actual cash generation, not accounting adjustments.
The Southern Company 2025 Series A Corporate Units earns $2.25 in operating income for every $1 of interest expense ($7.3B vs $3.2B). This adequate coverage means the company can meet its interest obligations, but has limited cushion if earnings fall.
Key Financial Metrics
Earnings & Revenue
The Southern Company 2025 Series A Corporate Units generated $8.8B in revenue in Q3 2026. This represents an increase of 13.0% from the same quarter a year earlier. Against the prior quarter it is up 26.7%.
The Southern Company 2025 Series A Corporate Units reported $2.0B in net income in Q3 2026. This represents an increase of 19.6% from the same quarter a year earlier. Against the prior quarter it is up 74.3%.
The Southern Company 2025 Series A Corporate Units earned $1.76 per diluted share (EPS) in Q3 2026. This represents an increase of 14.3% from the same quarter a year earlier. Against the prior quarter it is up 70.9%.
Not reported for Q3 2026.
Cash & Balance Sheet
The Southern Company 2025 Series A Corporate Units generated $39.0M in free cash flow in Q3 2026, representing cash available after capex. This represents a decrease of 93.0% from the same quarter a year earlier. The change from the prior quarter is not meaningful, because that quarter’s figure was zero or negative.
The Southern Company 2025 Series A Corporate Units held $1.7B in cash against $69.5B in long-term debt as of Q3 2026.
The Southern Company 2025 Series A Corporate Units paid $0.76 per share in dividends in Q3 2026. This represents an increase of 2.7% from the same quarter a year earlier. It is unchanged from the prior quarter.
Margins & Returns
The Southern Company 2025 Series A Corporate Units's operating margin was 33.9% in Q3 2026, reflecting core business profitability. This is up 0.8 percentage points from the same quarter a year earlier. Against the prior quarter it is up 8.5 percentage points.
The Southern Company 2025 Series A Corporate Units's net profit margin was 23.1% in Q3 2026, showing the share of revenue converted to profit. This is up 1.3 percentage points from the same quarter a year earlier. Against the prior quarter it is up 6.3 percentage points.
The Southern Company 2025 Series A Corporate Units's quarterly ROE was 4.6% in Q3 2026: one quarter's net income over shareholder equity, not annualized. This is up 0.1 percentage points from the same quarter a year earlier. Against the prior quarter it is up 1.8 percentage points.
Not reported for Q3 2026.
Capital Allocation
The Southern Company 2025 Series A Corporate Units invested $3.6B in capex in Q3 2026, funding long-term assets and infrastructure. This represents an increase of 10.8% from the same quarter a year earlier. Against the prior quarter it is down 3.6%.
Not reported for Q3 2026.
Not reported for Q3 2026.
SOMN Income Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q3'26Filing | Q2'26Filing | Q1'26Filing | Q4'25Filing | Q3'25Filing | Q2'25Filing | Q1'25Filing | Q4'24Filing |
|---|---|---|---|---|---|---|---|---|
| Revenue | $8.8B+13.0% | $7.0B+0.1% | $8.4B+8.0% | $7.0B+10.1% | $7.8B+7.5% | $7.0B+7.9% | $7.8B+17.0% | $6.3B+4.9% |
| Operating Income | $3.0B+15.7% | $1.8B+0.7% | $2.0B+0.4% | $917.0M-13.3% | $2.6B+9.5% | $1.8B-9.0% | $2.0B+18.0% | $1.1B-12.4% |
| EBITDA | N/A | $5.0B+54.1% | $3.6B+5.2% | $2.5B+4.7% | $4.2B+12.0% | $3.2B-1.1% | $3.4B+15.4% | $2.4B-3.5% |
| Interest Expense | $842.0M+11.5% | $796.0M-8.9% | $778.0M+9.0% | $895.0M+29.3% | $755.0M+9.1% | $874.0M+25.9% | $714.0M+7.4% | $692.0M+9.1% |
| Income Tax | $472.0M+16.8% | $187.0M-35.3% | $228.0M-18.6% | -$145.0M-283.5% | $404.0M+7.2% | $289.0M-0.3% | $280.0M+25.6% | $79.0M+1875.0% |
| Net Income | $2.0B+19.6% | $1.2B+33.4% | $1.4B+1.6% | $416.0M-22.1% | $1.7B+11.5% | $880.0M-26.8% | $1.3B+18.2% | $534.0M-37.5% |
| EPS (Basic) | $1.77+14.2% | $1.03+28.7% | $1.210.0% | $0.38-22.4% | $1.55+10.7% | $0.80-27.3% | $1.21+17.5% | $0.49-37.2% |
| EPS (Diluted) | $1.76+14.3% | $1.03+30.4% | $1.20-0.8% | $0.38-20.8% | $1.54+10.8% | $0.79-27.5% | $1.21+17.5% | $0.48-38.5% |
| Diluted Shares (Avg) | 1.16B+4.5% | 1.14B+3.0% | 1.13B+2.1% | N/A | 1.11B+0.6% | 1.11B+0.5% | 1.10B+0.5% | N/A |
Not reported in any period shown, so not listed: Cost of Revenue, Gross Profit, R&D Expenses, SG&A Expenses.
SOMN Balance Sheet
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q3'26Filing | Q2'26Filing | Q1'26Filing | Q4'25Filing | Q3'25Filing | Q2'25Filing | Q1'25Filing | Q4'24Filing |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $164.2B+7.1% | $162.0B+8.9% | $157.0B+6.0% | $155.7B+7.3% | $153.2B+6.5% | $148.9B+4.9% | $148.1B+5.7% | $145.2B+4.2% |
| Current Assets | $11.9B-6.1% | $12.4B+14.6% | $10.0B-15.7% | $10.9B+2.1% | $12.6B+14.4% | $10.8B-1.7% | $11.8B+12.1% | $10.7B+2.5% |
| Cash & Equivalents | $1.7B-47.9% | $3.0B+136.1% | $981.0M-57.8% | $1.6B+53.2% | $3.3B+228.2% | $1.3B+9.7% | $2.3B+226.4% | $1.1B+43.0% |
| Short-Term Investments | $0n/m | $0n/m | $0n/m | $0n/m | $0n/m | $0n/m | $0n/m | $0n/m |
| Accounts Receivable | $3.5B+20.5% | $3.2B+1.6% | $3.1B+2.6% | $3.1B+3.0% | $2.9B-0.1% | $3.1B+0.5% | $3.0B+7.6% | $3.0B+8.1% |
| Long-Term Investments | $686.0M-1.4% | $701.0M+0.3% | $706.0M+2.3% | $714.0M+6.9% | $696.0M+5.9% | $699.0M+2.2% | $690.0M+2.5% | $668.0M+0.5% |
| Goodwill | $5.2B0.0% | $5.2B0.0% | $5.2B0.0% | $5.2B0.0% | $5.2B0.0% | $5.2B0.0% | $5.2B0.0% | $5.2B0.0% |
| Total Liabilities | $119.4B+3.8% | $119.7B+7.3% | $117.1B+5.6% | $116.9B+7.7% | $115.0B+7.4% | $111.5B+5.4% | $110.9B+6.1% | $108.5B+4.2% |
| Current Liabilities | $14.1B-15.5% | $15.7B+8.0% | $15.3B+11.2% | $16.9B+5.6% | $16.7B+37.5% | $14.6B+21.1% | $13.8B+20.2% | $16.0B+18.8% |
| Non-Current Liabilities | $105.3B+7.1% | $104.0B+7.2% | $101.8B+4.8% | $100.0B+8.1% | $98.2B+3.5% | $96.9B+3.4% | $97.1B+4.4% | $92.5B+2.1% |
| Long-Term Debt | $69.5B+7.5% | $68.8B+9.2% | $67.1B+6.7% | $65.6B+11.7% | $64.6B+5.5% | $63.0B+5.2% | $62.9B+6.0% | $58.8B+2.7% |
| Total Equity | $44.8B+17.1% | $42.3B+13.4% | $39.9B+7.2% | $36.0B+8.5% | $38.3B+3.7% | $37.3B+3.4% | $37.2B+4.5% | $33.2B+5.6% |
| Retained Earnings | N/A | N/A | N/A | $14.9B+8.0% | N/A | N/A | N/A | $13.8B+10.2% |
Not reported in any period shown, so not listed: Inventory.
SOMN Cash Flow Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q3'26Filing | Q2'26Filing | Q1'26Filing | Q4'25Filing | Q3'25Filing | Q2'25Filing | Q1'25Filing | Q4'24Filing |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $3.6B-4.6% | $3.1B+40.0% | $1.2B-1.9% | $2.6B+19.5% | $3.8B+4.4% | $2.2B-18.9% | $1.3B-4.7% | $2.2B+19.9% |
| Depreciation & Amortization | N/A | $3.2B+119.2% | $1.6B+12.0% | $1.6B+18.9% | $1.6B+16.4% | $1.4B+10.5% | $1.4B+11.9% | $1.4B+4.9% |
| Capital Expenditures | $3.6B+10.8% | $3.7B+32.0% | $2.9B+20.8% | $4.3B+55.9% | $3.2B+39.1% | $2.8B+31.8% | $2.4B+37.7% | $2.7B+8.5% |
| Free Cash Flow | $39.0M-93.0% | -$641.0Mn/m | -$1.7Bn/m | -$1.7Bn/m | $559.0M-57.2% | -$619.0M-209.9% | -$1.2Bn/m | -$576.0Mn/m |
| Investing Cash Flow | -$3.6Bn/m | -$3.3Bn/m | -$3.4Bn/m | -$4.4Bn/m | -$3.9Bn/m | -$2.9Bn/m | -$2.8Bn/m | -$2.7Bn/m |
| Financing Cash Flow | -$1.2B-155.4% | $2.3Bn/m | $1.5B-45.2% | $61.0M-89.7% | $2.2Bn/m | -$348.0Mn/m | $2.8B+185.8% | $595.0M+260.6% |
| Dividends Paid | $820.0M+7.9% | $803.0M+5.9% | $776.0M+5.4% | $761.0M+3.7% | $760.0M+3.7% | $758.0M+0.5% | $736.0M+0.4% | $734.0M-3.9% |
Not reported in any period shown, so not listed: Stock-Based Compensation, Share Buybacks.
SOMN Financial Ratios
Margins and returns are percentages; the remaining ratios are unitless multiples. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q3'26Filing | Q2'26Filing | Q1'26Filing | Q4'25Filing | Q3'25Filing | Q2'25Filing | Q1'25Filing | Q4'24Filing |
|---|---|---|---|---|---|---|---|---|
| Operating Margin | 33.9%+0.8pp | 25.5%+0.2pp | 24.0%-1.8pp | 13.1%-3.6pp | 33.2%+0.6pp | 25.3%-4.7pp | 25.9%+0.2pp | 16.7%-3.3pp |
| Net Margin | 23.1%+1.3pp | 16.8%+4.2pp | 16.2%-1.0pp | 6.0%-2.5pp | 21.9%+0.8pp | 12.6%-6.0pp | 17.2%+0.2pp | 8.4%-5.7pp |
| Return on Equity | 4.6%+0.1pp | 2.8%+0.4pp | 3.4%-0.2pp | 1.2%-0.5pp | 4.5%+0.3pp | 2.4%-1.0pp | 3.6%+0.4pp | 1.6%-1.1pp |
| Return on Assets | 1.3%+0.1pp | 0.7%+0.1pp | 0.9%0.0pp | 0.3%-0.1pp | 1.1%+0.1pp | 0.6%-0.3pp | 0.9%+0.1pp | 0.4%-0.2pp |
| Current Ratio | 0.84+0.1x | 0.790.0x | 0.65-0.2x | 0.650.0x | 0.75-0.2x | 0.74-0.2x | 0.86-0.1x | 0.67-0.1x |
| Debt-to-Equity | 1.55-0.1x | 1.62-0.1x | 1.680.0x | 1.82+0.1x | 1.690.0x | 1.690.0x | 1.690.0x | 1.770.0x |
| Liabilities-to-Equity | 2.66-0.3x | 2.83-0.2x | 2.930.0x | 3.240.0x | 3.00+0.1x | 2.99+0.1x | 2.980.0x | 3.270.0x |
| Asset Turnover | 0.050.0x | 0.040.0x | 0.050.0x | 0.040.0x | 0.050.0x | 0.050.0x | 0.050.0x | 0.040.0x |
| FCF Margin | 0.4%-6.7pp | -9.2%-0.3pp | -20.5%-5.2pp | -24.2%-15.1pp | 7.1%-10.8pp | -8.9%-17.6pp | -15.3%-8.4pp | -9.1%+2.8pp |
Not reported in any period shown, so not listed: Gross Margin.
Note: The current ratio is below 1.0 (0.65), indicating current liabilities exceed current assets, which may suggest potential short-term liquidity concerns.
Where The Southern Company 2025 Series A Corporate Units Ranks
Frequently Asked Questions
The Southern Company 2025 Series A Corporate Units (SOMN) reported $29.6B in total revenue for fiscal year 2025. This represents a 10.6% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.
The Southern Company 2025 Series A Corporate Units (SOMN) revenue grew by 10.6% year-over-year, from $26.7B to $29.6B in fiscal year 2025.
Yes, The Southern Company 2025 Series A Corporate Units (SOMN) reported a net income of $5.0B over the trailing 12 months to September 30, 2026. In fiscal year 2025 it reported a net income of $4.3B, with a net profit margin of 14.7%.
The Southern Company 2025 Series A Corporate Units (SOMN) had EBITDA of $13.3B in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.
As of fiscal year 2025, The Southern Company 2025 Series A Corporate Units (SOMN) had $1.6B in cash and equivalents against $65.6B in long-term debt.
The Southern Company 2025 Series A Corporate Units (SOMN) had an operating margin of 24.6% in fiscal year 2025, reflecting the profitability of core business operations before interest and taxes.
The Southern Company 2025 Series A Corporate Units (SOMN) had a net profit margin of 14.7% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.
Yes, The Southern Company 2025 Series A Corporate Units (SOMN) paid $2.94 per share in dividends during fiscal year 2025.
The Southern Company 2025 Series A Corporate Units (SOMN) has a return on equity of 12.0% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.
The Southern Company 2025 Series A Corporate Units (SOMN) recorded an outflow of $2.9B in free cash flow during fiscal year 2025. This represents a -452.3% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.
The Southern Company 2025 Series A Corporate Units (SOMN) generated $9.8B in operating cash flow during fiscal year 2025, representing cash generated from core business activities.
The Southern Company 2025 Series A Corporate Units (SOMN) had $155.7B in total assets as of fiscal year 2025, including both current and long-term assets.
The Southern Company 2025 Series A Corporate Units (SOMN) invested $12.7B in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.
The Southern Company 2025 Series A Corporate Units (SOMN) had a current ratio of 0.65 as of fiscal year 2025, which is below 1.0, which may suggest potential liquidity concerns.
The Southern Company 2025 Series A Corporate Units (SOMN) had a debt-to-equity ratio of 1.82 as of fiscal year 2025. We compute it as long-term debt divided by total shareholder equity, where long-term debt is the noncurrent part of the company's borrowings, so debt due within the next twelve months is not counted.
The Southern Company 2025 Series A Corporate Units (SOMN) had a liabilities-to-equity ratio of 3.24 as of fiscal year 2025, which is total liabilities divided by total shareholder equity. Total liabilities counts every obligation on the balance sheet (payables, deposits, insurance reserves and deferred taxes as well as borrowings), so this ratio usually runs well above debt-to-equity.
The Southern Company 2025 Series A Corporate Units (SOMN) had a return on assets of 2.8% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.
The Southern Company 2025 Series A Corporate Units (SOMN) has a Piotroski F-Score of 4 out of 8 computable signals; 1 of the nine could not be computed from available data, so the full-scale strength rating is not shown. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
The Southern Company 2025 Series A Corporate Units (SOMN) has an earnings quality ratio of 2.26x, considered cash-backed (high quality). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.
The Southern Company 2025 Series A Corporate Units (SOMN) has an interest coverage ratio of 2.25x, meaning it can adequately cover its interest obligations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.