Southern Company Tangible Net Worth Ratio
Southern Company tangible net worth ratio. Southern Company (SO) has a Tangible Net Worth Ratio of 99.2% as of September 2025. This metric is calculated by deducting intangible assets ($308.00 Million) from net assets ($38.27 Billion) and expressing it as a percentage of total net assets. A higher ratio means that more of the company's equity is backed by tangible, balance-sheet-verifiable assets rather than goodwill, patents, or brand value. Also explore SO shareholders equity momentum to track the company's year-over-year net asset growth rate.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Tangible Net Worth Ratio of Southern Company (1994–2024)
Tangible net worth ratio of Southern Company from 1994 to 2024. This chart shows how Southern Company's Tangible Net Worth Ratio has changed across 31 annual periods from 1994 to 2024. As of September 2025, the ratio stands at 99.2%, reflecting net assets of $38.27 Billion with intangible assets of $308.00 Million USD. Check Southern Company (SO) strategic investment index to assess the company's strategic physical and investment asset allocation.
Southern Company Tangible Net Worth Ratio by Year (1994–2024)
Southern Company tangible net worth ratio by year from 1994 to 2024. The table below presents the year-by-year Tangible Net Worth Ratio for Southern Company from 1994 to 2024, covering 31 annual filings. Each row shows net assets, intangible assets, total assets, the tangible net worth ratio, and the change in percentage points versus the prior year. For live market cap and overall valuation, see Southern Company market cap and net worth.
| Year | Tangible NW Ratio | Net Assets (USD) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2024 | 99.1% | $36.67 Billion | $332.00 Million | $145.18 Billion | ▲ +0.1 pp |
| 2023 | 99.0% | $35.23 Billion | $368.00 Million | $139.33 Billion | ▲ +0.1 pp |
| 2022 | 98.8% | $34.53 Billion | $406.00 Million | $134.89 Billion | ▲ +0.2 pp |
| 2021 | 98.6% | $32.57 Billion | $445.00 Million | $127.53 Billion | ▲ +0.1 pp |
| 2020 | 98.5% | $32.52 Billion | $487.00 Million | $122.94 Billion | ▲ +0.2 pp |
| 2019 | 98.3% | $32.05 Billion | $536.00 Million | $118.70 Billion | ▲ +0.4 pp |
| 2018 | 97.9% | $29.33 Billion | $613.00 Million | $116.91 Billion | ▲ +1.3 pp |
| 2017 | 96.6% | $25.85 Billion | $873.00 Million | $111.00 Billion | ▲ +0.3 pp |
| 2016 | 96.4% | $26.73 Billion | $970.00 Million | $109.70 Billion | ▼ -2.2 pp |
| 2015 | 98.6% | $22.10 Billion | $317.00 Million | $78.32 Billion | ▼ -1.4 pp |
| 2014 | 100.0% | $21.30 Billion | $0.00 | $70.23 Billion | ▲ +0.0 pp |
| 2013 | 100.0% | $20.14 Billion | $0.00 | $64.55 Billion | ▲ +0.0 pp |
| 2012 | 100.0% | $19.38 Billion | $0.00 | $63.15 Billion | ▲ +0.0 pp |
| 2011 | 100.0% | $18.66 Billion | $0.00 | $59.27 Billion | ▲ +0.0 pp |
| 2010 | 100.0% | $16.91 Billion | $0.00 | $55.03 Billion | ▲ +0.0 pp |
| 2009 | 100.0% | $15.59 Billion | $0.00 | $52.05 Billion | ▲ +0.0 pp |
| 2008 | 100.0% | $13.98 Billion | $0.00 | $48.35 Billion | ▲ +0.0 pp |
| 2007 | 100.0% | $13.46 Billion | $0.00 | $45.79 Billion | ▲ +0.0 pp |
| 2006 | 100.0% | $12.12 Billion | $0.00 | $42.86 Billion | ▲ +0.0 pp |
| 2005 | 100.0% | $11.29 Billion | $0.00 | $39.88 Billion | ▲ +0.0 pp |
| 2004 | 100.0% | $10.84 Billion | $0.00 | $36.95 Billion | ▲ +0.0 pp |
| 2003 | 100.0% | $10.07 Billion | $0.00 | $35.18 Billion | ▲ +0.0 pp |
| 2002 | 100.0% | $9.01 Billion | $0.00 | $33.72 Billion | ▲ +0.0 pp |
| 2001 | 100.0% | $8.35 Billion | $0.00 | $29.90 Billion | ▲ +0.0 pp |
| 2000 | 100.0% | $11.06 Billion | $0.00 | $31.26 Billion | ▲ +27.7 pp |
| 1999 | 72.3% | $9.57 Billion | $2.65 Billion | $29.29 Billion | ▼ -15.2 pp |
| 1998 | 87.5% | $10.70 Billion | $1.34 Billion | $36.19 Billion | ▲ +0.6 pp |
| 1997 | 86.9% | $10.57 Billion | $1.39 Billion | $35.26 Billion | ▼ -13.1 pp |
| 1996 | 100.0% | $10.57 Billion | $0.00 | $30.23 Billion | ▲ +0.0 pp |
| 1995 | 100.0% | $10.34 Billion | $0.00 | $30.52 Billion | ▲ +0.0 pp |
| 1994 | 100.0% | $9.79 Billion | $0.00 | $27.04 Billion | — |