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Southern SO · USD

Utilities · Electric Utilities · US listing · 🇺🇸 United States

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93.57

+1.33%

Close of 9 Nov 2026, in USD

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About Southern

From its filings with the US Securities and Exchange Commission

SEC filings

Southern is based in Atlanta, Georgia and is incorporated in Delaware. Its shares trade on NYSE under the ticker SO. It is a member of the S&P 500. The SEC classifies its business as electric services. In the fiscal year to 31 December 2025, it reported revenue of $29.55bn and net income of $4.34bn. At that date it held total assets of $155.72bn and shareholders' equity of $36.02bn.

In its own words

Southern Company is a holding company that owns all of the outstanding common stock of three traditional electric operating companies, Southern Power Company, and Southern Company Gas.

Southern Company also owns SCS, Southern Linc, Southern Holdings, Southern Nuclear, PowerSecure, and other direct and indirect subsidiaries. SCS, the system service company, has contracted with Southern Company, each of the Subsidiary Registrants, Southern Nuclear, SEGCO, and other subsidiaries to furnish, at direct or allocated cost and upon request, the following services: general executive and advisory, general and design engineering, operations, purchasing, accounting, finance, treasury, legal, tax, information technology, marketing, auditing, insurance and pension administration, human resources, systems and procedures, digital wireless communications, cellular tower space, and other services with respect to business and operations, construction management, and Southern Company power pool transactions. Southern Linc provides digital wireless communications for use by Southern Company and its subsidiary companies and also markets these services to the public and provides fiber optics services through its subsidiary, Southern Telecom, Inc. Southern Linc's system covers approximately 122,000 square miles in the Southeast. Southern Holdings is an intermediate holding company subsidiary, which, through its subsidiaries, invests in various projects and insures various risk exposures of Southern Company and its subsidiaries.

Quoted from its 10-K, filed 19 Feb 2026. Read the filing on SEC.gov ↗

Company facts

Sector
Utilities
Industry
Electric Utilities
Listed since
30 Sept 1949
Employees
29,800
Head office
30 IVAN ALLEN JR. BLVD., N.W., ATLANTA, GA, 30308
Incorporated in
DE
Classification
Electric Services
Filer status
Large accelerated filer

Leadership

Pay as last reported

  • Mr. Christopher WomackChairman of the Board, President, Chief Executive Officer, since 2009$23.9m
  • Mr. David PorochChief Financial Officer, Executive Vice President
  • Ms. Kimberly GreeneChairman, President and Chief Executive Officer of Georgia Power$6.2m
  • Mr. James KerrChairman, President and Chief Executive Officer of Southern Company Gas$4.9m
  • Mr. J. Jeffrey PeoplesChairman, President and Chief Executive Officer of Alabama Power
  • Mr. Peter SenaChairman, President, and Chief Executive Officer of Southern Nuclear
  • Mr. Anthony WilsonChairman, President and Chief Executive Officer of Mississippi Power
  • Mr. Stanley ConnallyChief Operating Officer, Executive Vice President$4.6m
  • Ms. Sloane DrakeChief Human Resources Officer, Executive Vice President
  • Mr. Martin DavisExecutive Vice President, Chief Information Officer
  • Mr. Bryan AndersonExecutive Vice President, President - External Affairs
  • Mr. Christopher CummiskeyExecutive Vice President

Environmental, social and governance

Scores out of 100, from our data supplier

ESG
Overall
87
Environment
91
Social
99
Governance
70
Direct emissions (scope 1)
79,264,124 t
Energy emissions (scope 2)
306,474 t
Value chain emissions (scope 3)
35,800,000 t
Women in the workforce
25%
Carbon reduction policy
Yes
Human rights policy
Yes

SWOT analysis

AI-generated by our data supplier. Not written or checked by our editors.

AI-generated

Strengths

  • Southern Co boasts a diverse energy portfolio including traditional and renewable energy sources, allowing the company to adapt to changing market conditions and regulations.
  • With a presence in multiple states, Southern Co has established a strong market position in the energy sector, enabling it to serve a large customer base and generate stable revenue.
  • Southern Co has invested significantly in building and maintaining a robust infrastructure, encompassing power plants, transmission lines, and distribution networks. This ensures reliable energy supply to customers and supports efficient operations.

Weaknesses

  • The reliance on fossil fuels exposes Southern Co to potential risks associated with fluctuating fuel prices, carbon emissions, and regulatory changes focused on reducing greenhouse gas emissions.
  • Some of Southern Co's infrastructure, particularly older power plants and transmission lines, may require significant upgrades or refurbishments. This can result in higher maintenance costs and potential service disruptions.

Opportunities

  • Growing demand for clean energy presents an opportunity for Southern Co to further invest in renewable energy sources, such as solar and wind, to diversify its energy mix and reduce its carbon footprint.
  • Forming strategic collaborations and partnerships with renewable energy developers, technology companies, and government agencies can enhance Southern Co's capabilities and accelerate its transition to a more sustainable energy future.

Threats

  • Changes in environmental regulations, emission standards, and energy policies may impact Southern Co's operations and profitability, requiring adaptation and potential additional investments.
  • The energy sector is highly competitive, with new market players and emerging technologies. Southern Co must stay innovative and flexible to compete effectively and retain its market share.

Sources and methodology

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