Southern Company (SO) — Free Cash Flow Generation Index
Southern Company (SO) has a Free Cash Flow Generation Index of 0.10x as of September 2025. Free cash flow of $384.00 Million represents 0% of operating cash flow ($3.77 Billion). Read how much debt does Southern Company carry for a breakdown of total debt and financial obligations.
FCF Generation Index
Free Cash Flow
Operating Cash Flow
Capital Expenditures
Southern Company Free Cash Flow Generation Index (1994–2024)
Historical FCF Generation Index trend for Southern Company across 31 annual periods. Explore capital reinvestment ratio of Southern Company to see what proportion of operating cash flow is directed to capital expenditures.
Annual Free Cash Flow Generation for Southern Company (1994–2024)
Year-by-year Free Cash Flow Generation Index for Southern Company. For the full company profile including market capitalisation, see how much is Southern Company worth.
| Year | FCG Index | Free Cash Flow (USD) | Operating CF | Capital Expenditures | YoY Change |
|---|---|---|---|---|---|
| 2024 | 0.09x | $833.00 Million | $9.79 Billion | $8.96 Billion | ▲ +141.7% |
| 2023 | -0.20x | $-1.54 Billion | $7.55 Billion | $9.10 Billion | ▲ +20.6% |
| 2022 | -0.26x | $-1.62 Billion | $6.30 Billion | $7.92 Billion | ▼ -48.2% |
| 2021 | -0.17x | $-1.07 Billion | $6.17 Billion | $7.24 Billion | ▼ -56.0% |
| 2020 | -0.11x | $-745.00 Million | $6.70 Billion | $7.44 Billion | ▲ +63.7% |
| 2019 | -0.31x | $-1.77 Billion | $5.78 Billion | $7.55 Billion | ▼ -101.8% |
| 2018 | -0.15x | $-1.06 Billion | $6.95 Billion | $8.00 Billion | ▲ +5.4% |
| 2017 | -0.16x | $-1.03 Billion | $6.39 Billion | $7.42 Billion | ▲ +67.4% |
| 2016 | -0.49x | $-2.42 Billion | $4.89 Billion | $7.31 Billion | ▼ -176.8% |
| 2015 | -0.18x | $-1.12 Billion | $6.27 Billion | $7.39 Billion | ▼ -540.2% |
| 2014 | -0.03x | $-162.00 Million | $5.82 Billion | $5.98 Billion | ▼ -126.8% |
| 2013 | 0.10x | $634.00 Million | $6.10 Billion | $5.46 Billion | ▲ +472.3% |
| 2012 | 0.02x | $89.00 Million | $4.90 Billion | $4.81 Billion | ▼ -92.2% |
| 2011 | 0.23x | $1.38 Billion | $5.90 Billion | $4.53 Billion | ▲ +1080.7% |
| 2010 | -0.02x | $-95.00 Million | $3.99 Billion | $4.09 Billion | ▲ +94.5% |
| 2009 | -0.43x | $-1.41 Billion | $3.26 Billion | $4.67 Billion | ▼ -160.3% |
| 2008 | -0.17x | $-563.00 Million | $3.40 Billion | $3.96 Billion | ▼ -275.0% |
| 2007 | -0.04x | $-150.00 Million | $3.40 Billion | $3.54 Billion | ▲ +28.4% |
| 2006 | -0.06x | $-174.00 Million | $2.82 Billion | $2.99 Billion | ▼ -197.6% |
| 2005 | 0.06x | $160.00 Million | $2.53 Billion | $2.37 Billion | ▼ -70.7% |
| 2004 | 0.22x | $582.00 Million | $2.69 Billion | $2.11 Billion | ▼ -37.7% |
| 2003 | 0.35x | $1.06 Billion | $3.07 Billion | $2.00 Billion | ▲ +761.8% |
| 2002 | 0.04x | $114.00 Million | $2.83 Billion | $2.72 Billion | ▲ +141.2% |
| 2001 | -0.10x | $-233.00 Million | $2.38 Billion | $2.62 Billion | ▼ -146.4% |
| 2000 | 0.21x | $593.00 Million | $2.82 Billion | $2.23 Billion | ▲ +251.5% |
| 1999 | 0.06x | $163.00 Million | $2.72 Billion | $2.56 Billion | ▼ -77.9% |
| 1998 | 0.27x | $743.00 Million | $2.75 Billion | $2.00 Billion | ▼ -7.3% |
| 1997 | 0.29x | $766.00 Million | $2.62 Billion | $1.86 Billion | ▼ -40.2% |
| 1996 | 0.49x | $1.17 Billion | $2.40 Billion | $1.23 Billion | ▲ +23.6% |
| 1995 | 0.39x | $914.00 Million | $2.31 Billion | $1.40 Billion | ▲ +44.9% |
| 1994 | 0.27x | $575.00 Million | $2.11 Billion | $1.54 Billion | — |