Southern Company (SO) — Cash Flow Quality Index
Southern Company (SO) has a Cash Flow Quality Index of 2.21x as of September 2025. Operating cash flow of $3.77 Billion exceeds net income of $1.71 Billion, indicating high earnings quality where cash backs reported profits. Explore Southern Company (SO) long-term investment share to see how much of total assets are deployed in long-term investments.
Cash Flow Quality Index
Operating Cash Flow
Net Income
Data as of
Southern Company Cash Flow Quality Index (1994–2024)
Historical Cash Flow Quality Index for Southern Company across 31 annual periods. Values consistently above 1.0x indicate high-quality earnings. Check how tangible is Southern Company's equity to evaluate the tangible quality of the company's equity base.
Annual Cash Flow Quality Index for Southern Company (1994–2024)
Year-by-year earnings quality comparison for Southern Company. For live market cap and the full company financial profile, see SO market cap overview.
| Year | Quality Index | Operating CF (USD) | Net Income | YoY Change |
|---|---|---|---|---|
| 2024 | 2.30x | $9.79 Billion | $4.26 Billion | ▲ +21.0% |
| 2023 | 1.90x | $7.55 Billion | $3.98 Billion | ▲ +3.3% |
| 2022 | 1.84x | $6.30 Billion | $3.43 Billion | ▼ -31.2% |
| 2021 | 2.67x | $6.17 Billion | $2.31 Billion | ▲ +23.8% |
| 2020 | 2.16x | $6.70 Billion | $3.10 Billion | ▲ +77.1% |
| 2019 | 1.22x | $5.78 Billion | $4.74 Billion | ▼ -59.6% |
| 2018 | 3.02x | $6.95 Billion | $2.30 Billion | ▼ -56.3% |
| 2017 | 6.91x | $6.39 Billion | $926.00 Million | ▲ +256.9% |
| 2016 | 1.94x | $4.89 Billion | $2.53 Billion | ▼ -24.9% |
| 2015 | 2.58x | $6.27 Billion | $2.44 Billion | ▼ -10.0% |
| 2014 | 2.86x | $5.82 Billion | $2.03 Billion | ▼ -19.7% |
| 2013 | 3.57x | $6.10 Billion | $1.71 Billion | ▲ +75.8% |
| 2012 | 2.03x | $4.90 Billion | $2.42 Billion | ▼ -22.1% |
| 2011 | 2.60x | $5.90 Billion | $2.27 Billion | ▲ +33.0% |
| 2010 | 1.96x | $3.99 Billion | $2.04 Billion | ▲ +2.4% |
| 2009 | 1.91x | $3.26 Billion | $1.71 Billion | ▼ -2.1% |
| 2008 | 1.95x | $3.40 Billion | $1.74 Billion | ▼ -0.4% |
| 2007 | 1.96x | $3.40 Billion | $1.73 Billion | ▲ +9.2% |
| 2006 | 1.79x | $2.82 Billion | $1.57 Billion | ▲ +12.7% |
| 2005 | 1.59x | $2.53 Billion | $1.59 Billion | ▼ -9.5% |
| 2004 | 1.76x | $2.69 Billion | $1.53 Billion | ▼ -15.5% |
| 2003 | 2.08x | $3.07 Billion | $1.47 Billion | ▼ -3.2% |
| 2002 | 2.15x | $2.83 Billion | $1.32 Billion | ▲ +13.7% |
| 2001 | 1.89x | $2.38 Billion | $1.26 Billion | ▼ -12.0% |
| 2000 | 2.15x | $2.82 Billion | $1.31 Billion | ▲ +0.6% |
| 1999 | 2.13x | $2.72 Billion | $1.28 Billion | ▼ -24.1% |
| 1998 | 2.81x | $2.75 Billion | $977.00 Million | ▲ +4.1% |
| 1997 | 2.70x | $2.62 Billion | $972.00 Million | ▲ +26.8% |
| 1996 | 2.13x | $2.40 Billion | $1.13 Billion | ▲ +1.5% |
| 1995 | 2.10x | $2.31 Billion | $1.10 Billion | ▼ -1.7% |
| 1994 | 2.13x | $2.11 Billion | $989.00 Million | — |