SO

Southern Co.

Utilities Utilities - Regulated Electric NYSE

About the company

Southern is not only one of the largest utilities in the United States but also a significant player in the energy industry. With a strong presence in several states, the company serves a staggering 9 million customers, providing them with a range of essential services. Their operations span vertically integrated electric utilities in three states, namely Georgia, Alabama, and Mississippi, along with natural gas distribution utilities in four states. In terms of electric power generation, Southern is well-equipped, boasting a substantial capacity of 50 gigawatts. This impressive figure predominantly caters to the energy needs of their customers in the states of Georgia, Alabama, and Mississippi. By owning and operating a diverse portfolio of power-generating assets, Southern ensures that its customers have access to reliable and affordable electricity. One subsidiary of Southern, known as Southern Power, plays a pivotal role in both the natural gas and renewable energy sectors. Southern Power has a formidable presence in the market, with a significant ownership stake in 13 gigawatts of natural gas generation capacity and renewable energy across the United States. This diverse portfolio enables Southern Power to contribute to the overall energy mix while meeting the ever-growing demand for electricity. Moreover, Southern Power leverages its vast generation capacity by entering into long-term contracts for the sale of electricity. This approach ensures a stable revenue stream for the company while offering customers the benefit of price predictability and reliability. By forging these long-term agreements, Southern Power strengthens its position as a reliable energy provider while also contributing to the stability of the electricity market. In addition to its core operations, Southern is actively involved in the development of innovative energy solutions. The company recognizes the importance of sustainable and clean energy sources and is committed to integrating more renewable energy into its operations. This commitment aligns with the broader industry trend of transitioning towards a greener and more sustainable future. Furthermore, Southern actively engages with local communities and consistently strives to demonstrate its commitment to corporate social responsibility. By investing in community initiatives and supporting various charitable organizations, Southern aims to enhance the quality of life for individuals and foster positive change in the areas it serves. Overall, as one of the largest utilities in the United States, Southern stands at the forefront of the energy industry. With its vast portfolio of rate-regulated generating capacity, a strong presence in natural gas and renewable energy, and a customer-centric approach, Southern is well-positioned to continue meeting the evolving energy needs of its extensive customer base while driving sustainable and responsible growth in the sector.

Website: https://www.southerncompany.com

Data updated: June 9, 2026

Sector comparison

We compare this company with the typical (middle) company in the same industry to show how it looks against similar businesses. This is information, not a recommendation.

Utilities · 120 peers in sector

Metric SO Sector median Vs. industry
P/E 23.68 19.39 ↑ Above average
EPS 3.91 USD 1.73 USD ↑ Above average
Dividend yield 3.23% 2.88% ↑ Above average
Profit margin 14.46% 10.62% ↑ Above average
ROE 10.99% 8.13% ↑ Above average

Higher and lower here are only a comparison with the typical company in the industry — a higher or lower value on its own does not mean better or worse.

Financial statements & historical data

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Frequently Asked Questions

What is Southern Co.?
Southern is not only one of the largest utilities in the United States but also a significant player in the energy industry. With a strong presence in several states, the company serves a staggering 9 million customers, providing them with a range of essential services. Their operations span vertically integrated electric utilities in three states, namely Georgia, Alabama, and Mississippi, along with natural gas distribution utilities in four states. In terms of electric power generation, Southern is well-equipped, boasting a substantial capacity of 50 gigawatts. This impressive figure predominantly caters to the energy needs of their customers in the states of Georgia, Alabama, and Mississippi. By owning and operating a diverse portfolio of power-generating assets, Southern ensures that its customers have access to reliable and affordable electricity. One subsidiary of Southern, known as Southern Power, plays a pivotal role in both the natural gas and renewable energy sectors. Southern Power has a formidable presence in the market, with a significant ownership stake in 13 gigawatts of natural gas generation capacity and renewable energy across the United States. This diverse portfolio enables Southern Power to contribute to the overall energy mix while meeting the ever-growing demand for electricity. Moreover, Southern Power leverages its vast generation capacity by entering into long-term contracts for the sale of electricity. This approach ensures a stable revenue stream for the company while offering customers the benefit of price predictability and reliability. By forging these long-term agreements, Southern Power strengthens its position as a reliable energy provider while also contributing to the stability of the electricity market. In addition to its core operations, Southern is actively involved in the development of innovative energy solutions. The company recognizes the importance of sustainable and clean energy sources and is committed to integrating more renewable energy into its operations. This commitment aligns with the broader industry trend of transitioning towards a greener and more sustainable future. Furthermore, Southern actively engages with local communities and consistently strives to demonstrate its commitment to corporate social responsibility. By investing in community initiatives and supporting various charitable organizations, Southern aims to enhance the quality of life for individuals and foster positive change in the areas it serves. Overall, as one of the largest utilities in the United States, Southern stands at the forefront of the energy industry. With its vast portfolio of rate-regulated generating capacity, a strong presence in natural gas and renewable energy, and a customer-centric approach, Southern is well-positioned to continue meeting the evolving energy needs of its extensive customer base while driving sustainable and responsible growth in the sector.
Are Southern Co. shares expensive?
The price-to-earnings (P/E) ratio of Southern Co. is 23.68 — the share price is 23.68 times the annual profit per share. That is higher than the typical company in the same industry (industry median: 19.39). This is information, not a recommendation. (as of 2026-06-09)
How big is Southern Co.?
The market capitalization of Southern Co. — the combined value of all its shares — is 104.39 B USD. The higher the market cap, the larger the company. (as of 2026-06-09)
Does Southern Co. pay dividends?
The dividend yield of Southern Co. is 3.23% — it shows the annual dividend relative to the share price. This is information, not a recommendation. (as of 2026-06-09)
What sector does Southern Co. belong to?
Southern Co. operates in the Utilities sector, industry: Utilities - Regulated Electric.

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