Southern Co. SO
Electric Utilities: Central · data as of November 13, 2026
Southern Co. (SO) is a utility company listed in the US with a market value of about $109.0B. In the twelve months to September 30, 2026 it had revenue of $31.2B and net income of $5.0B, a net margin of 16.0%.
Its overall Stock Analiz score is 1.4 out of 5 (weak). The strongest part is value (2/5); the weakest is future growth (1/5).
Key numbers: a P/E of 21.3, 5-year revenue growth of 8% a year, a 5-year average ROIC of 5%. A discounted cash flow model with moderate assumptions puts its intrinsic value about 36% below the current price.
Score: 1.4 / 5
Checks passed
- P/E below 25
- P/E below the industry median
- Revenue growth above 10% last year
- Profitable 5 years in a row
- Interest covered more than 5 times
- Pays a dividend
- Dividend 3 years in a row
Checks not passed
- P/FCF below 20
- Price below intrinsic value (DCF, moderate assumptions)
- PEG below 1.5
- 3-year revenue growth above 10% a year
- Profit margin improving
- 3-year free cash flow growth above 10% a year
- Strong R&D investment or growth above 20%
- 5-year EPS growth above 10% a year
Valuation
Growth and quality
Financials, last 10 years
| Fiscal year | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $31.2B | $29.6B | $26.7B | $25.3B | $29.3B | $23.1B | $20.4B | $21.4B | $23.5B | $23.0B | $19.9B |
| Net income | $5.0B | $4.3B | $4.4B | $4.0B | $3.5B | $2.4B | $3.1B | $4.7B | $2.2B | $842M | $2.4B |
| Free cash flow | -$3.8B | -$2.9B | $833M | -$1.5B | -$1.6B | -$1.4B | -$826M | -$1.8B | -$1.1B | -$1.0B | -$2.4B |
| EPS (diluted) | $4.40 | $3.92 | $3.99 | $3.62 | $3.26 | $2.24 | $2.93 | $4.50 | $2.17 | $0.84 | $2.55 |
| Net margin | 16.0% | 14.7% | 16.5% | 15.7% | 12.0% | 10.3% | 15.3% | 22.1% | 9.5% | 3.7% | 12.3% |
| ROIC | — | 5.9% | 6.1% | 5.6% | 5.0% | 4.1% | 5.5% | 7.6% | 5.1% | 2.9% | 4.7% |
From the company’s 10-K and 10-Q filings with the SEC. TTM = trailing twelve months.
What analysts expect
The average 12-month price target from 20 analysts is $96.00, 3% above the current price; targets range from $74.00 to $115.00; the consensus rating is “Hold”; expected EPS is $4.63 for the fiscal year ending December 31, 2026.
Frequently asked questions
What is Southern’s P/E ratio?
About 21.3, based on the last twelve months of diluted earnings per share (forward P/E about 22.7).
Is Southern stock undervalued?
Our DCF model with moderate assumptions puts its intrinsic value about 36% below the current market value. A model is a range, not a promise; try your own assumptions in the DCF calculator.
Does Southern pay a dividend?
Yes. The dividend yield is about 3.24%, and it has paid dividends for 10 years in our data.
Is Southern a good stock to buy?
We do not give buy or sell advice. Southern scores 1.4 out of 5 on our five checks (value, growth, track record, financial health and shareholder returns); the checks above show why.
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Generated from SEC filings, analyst consensus estimates and market prices, rebuilt every day. Educational information, not investment advice.