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). See Southern Company working capital to net assets to evaluate short-term liquidity relative to the company's equity base.
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 debt repayment capacity of Southern Company to assess how comfortably operating cash covers total debt obligations.
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 Southern Company market capitalisation.
| 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 | — |