Southern Company (SO) - Cash Flow Conversion Efficiency
Based on the latest financial reports, Southern Company (SO) has a cash flow conversion efficiency ratio of 0.099x as of September 2025. Cash flow conversion efficiency measures how effectively a company's net assets (equity) generate operating cash flow. It is calculated by dividing operating cash flow ($3.77 Billion) by net assets ($38.27 Billion). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations. See SO defensive interval ratio to measure how many days the company can operate on defensive assets alone.
Southern Company - Cash Flow Conversion Efficiency Trend (1994–2024)
This chart illustrates how Southern Company's cash flow conversion efficiency has evolved over time, based on yearly financial data.
Southern Company Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Southern Company ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Delta Electronics (Thailand) Public Company Limited
F:NVAW
|
0.028x |
|
BNP PARIBAS ADR 1/2/EO 2
F:BNPH
|
N/A |
|
Constellation Energy Corp
NASDAQ:CEG
|
0.054x |
|
ServiceNow Inc
NYSE:NOW
|
0.173x |
|
ROLLS ROYCE H.ADR/ LS-20
F:RRU1
|
N/A |
|
Duke Energy Corporation
NYSE:DUK
|
0.027x |
|
Spotify Technology SA
NYSE:SPOT
|
0.106x |
|
Prosus N.V.
AS:PRX
|
0.024x |
Annual Cash Flow Conversion Efficiency for Southern Company (1994–2024)
The table below shows the annual cash flow conversion efficiency of Southern Company from 1994 to 2024. For the full company profile with market capitalisation and key ratios, see SO market cap overview.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-12-31 | $36.67 Billion | $9.79 Billion | 0.267x | +24.47% |
| 2023-12-31 | $35.23 Billion | $7.55 Billion | 0.214x | +17.49% |
| 2022-12-31 | $34.53 Billion | $6.30 Billion | 0.182x | -3.66% |
| 2021-12-31 | $32.57 Billion | $6.17 Billion | 0.189x | -7.99% |
| 2020-12-31 | $32.52 Billion | $6.70 Billion | 0.206x | +14.14% |
| 2019-12-31 | $32.05 Billion | $5.78 Billion | 0.180x | -23.82% |
| 2018-12-31 | $29.33 Billion | $6.95 Billion | 0.237x | -4.28% |
| 2017-12-31 | $25.85 Billion | $6.39 Billion | 0.247x | +35.11% |
| 2016-12-31 | $26.73 Billion | $4.89 Billion | 0.183x | -35.51% |
| 2015-12-31 | $22.10 Billion | $6.27 Billion | 0.284x | +3.99% |
| 2014-12-31 | $21.30 Billion | $5.82 Billion | 0.273x | -9.83% |
| 2013-12-31 | $20.14 Billion | $6.10 Billion | 0.303x | +19.78% |
| 2012-12-31 | $19.38 Billion | $4.90 Billion | 0.253x | -20.10% |
| 2011-12-31 | $18.66 Billion | $5.90 Billion | 0.316x | +34.03% |
| 2010-12-31 | $16.91 Billion | $3.99 Billion | 0.236x | +12.73% |
| 2009-12-31 | $15.59 Billion | $3.26 Billion | 0.209x | -13.84% |
| 2008-12-31 | $13.98 Billion | $3.40 Billion | 0.243x | -3.62% |
| 2007-12-31 | $13.46 Billion | $3.40 Billion | 0.252x | +8.32% |
| 2006-12-31 | $12.12 Billion | $2.82 Billion | 0.233x | +3.83% |
| 2005-12-31 | $11.29 Billion | $2.53 Billion | 0.224x | -9.73% |
| 2004-12-31 | $10.84 Billion | $2.69 Billion | 0.248x | -18.42% |
| 2003-12-31 | $10.07 Billion | $3.07 Billion | 0.304x | -3.13% |
| 2002-12-31 | $9.01 Billion | $2.83 Billion | 0.314x | +10.10% |
| 2001-12-31 | $8.35 Billion | $2.38 Billion | 0.285x | +12.01% |
| 2000-12-31 | $11.06 Billion | $2.82 Billion | 0.255x | -10.41% |
| 1999-12-31 | $9.57 Billion | $2.72 Billion | 0.284x | +10.77% |
| 1998-12-31 | $10.70 Billion | $2.75 Billion | 0.257x | +3.45% |
| 1997-12-31 | $10.57 Billion | $2.62 Billion | 0.248x | +9.29% |
| 1996-12-31 | $10.57 Billion | $2.40 Billion | 0.227x | +1.40% |
| 1995-12-31 | $10.34 Billion | $2.31 Billion | 0.224x | +3.83% |
| 1994-12-31 | $9.79 Billion | $2.11 Billion | 0.216x | -- |
About Southern Company
The Southern Company, through its subsidiaries, engages in the generation, transmission, and distribution of electricity. The company develops, constructs, acquires, owns, and manages power generation assets, including renewable energy projects and sells electricity in the wholesale market; distributes natural gas in Illinois, Georgia, Virginia, and Tennessee; operates, constructs, and maintains … Read more