Southern Company Free Cash Flow Generation Index
Southern Company 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). Check SO financial resilience to evaluate the company's liquid asset resilience ratio.
FCF Generation Index
Free Cash Flow
Operating Cash Flow
Capital Expenditures
Free Cash Flow Generation Index of Southern Company (1994–2024)
Free cash flow generation index of Southern Company from 1994 to 2024. Historical FCF Generation Index trend for Southern Company across 31 annual periods. Explore SO capex to operating cash flow ratio to see what proportion of operating cash flow is directed to capital expenditures.
Southern Company Free Cash Flow Generation Index by Year (1994–2024)
Southern Company free cash flow generation index by year from 1994 to 2024. Year-by-year Free Cash Flow Generation Index for Southern Company. For the full cash flow conversion analysis, see Southern Company operating cash flow efficiency.
| 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 | — |