Southern Company

NYSE:SO USA Utilities - Regulated Electric
Market Cap
$108.21 Billion
Market Cap Rank
#204 Global
#161 in USA
Share Price
$98.27
Change (1 day)
-0.85%
52-Week Range
$84.08 - $99.72
All Time High
$99.72
About

The Southern Company, through its subsidiaries, engages in the generation, transmission, and distribution of electricity. The company develops, constructs, acquires, owns, and manages power generation assets, including renewable energy projects and sells electricity in the wholesale market; distributes natural gas in Illinois, Georgia, Virginia, and Tennessee; operates, constructs, and maintains … Read more

Southern Company (SO) - Total Assets

Latest total assets as of September 2025: $153.25 Billion USD

Based on the latest financial reports, Southern Company (SO) holds total assets worth $153.25 Billion USD as of September 2025.

Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments.

Southern Company - Total Assets Trend (1994–2024)

This chart illustrates how Southern Company’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.

Southern Company - Asset Composition Analysis

Current Asset Composition (December 2024)

Southern Company's total assets of $153.25 Billion consist of 7.4% current assets and 92.6% non-current assets.

Asset Category Amount (USD) % of Total Assets
Cash & Equivalents $1.07 Billion 0.7%
Accounts Receivable $4.29 Billion 3.0%
Inventory $3.37 Billion 2.3%
Property, Plant & Equipment $7.78 Billion 5.4%
Intangible Assets $332.00 Million 0.2%
Goodwill $5.16 Billion 3.6%

Asset Composition Trend (1994–2024)

This chart illustrates how Southern Company's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution.

Key Asset Composition Facts

  • Current vs. Non-Current Assets: Southern Company's current assets represent 7.4% of total assets in 2024, a decrease from 8.8% in 1994.
  • Cash Position: Cash and equivalents constituted 0.7% of total assets in 2024, up from 0.5% in 1994.
  • Tangible vs. Intangible: Intangible assets (including goodwill) make up 3.0% of total assets, an increase from 0.0% in 1994.
  • Asset Diversification: The largest asset category is property, plant & equipment at 5.4% of total assets.

Southern Company Competitors by Total Assets

Key competitors of Southern Company based on total assets are shown below.

Southern Company - Asset Efficiency Metrics

Asset efficiency metrics measure how effectively a company uses its assets to generate revenue and profits. These indicators help investors evaluate management's ability to deploy capital efficiently.

Asset Turnover Ratio

Measures how efficiently a company uses its assets to generate sales

Historical Range: 0.17 - 0.22

Lower asset utilization - Southern Company generates 0.18x its asset value in annual revenue.

Return on Assets (ROA)

Measures how efficiently a company uses its assets to generate profits

Historical Range: 0.79% - 4.01%

Moderate ROA - For every $100 in assets, Southern Company generates $ 3.03 in net profit.

Southern Company - Liquidity and Working Capital Analysis

Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.

Key Liquidity Metrics

Metric Current 1 Year Ago 5 Years Ago
Current Ratio 0.75 0.91 0.71
Quick Ratio 0.56 0.63 0.51
Cash Ratio 0.20 0.08 0.00
Working Capital $-4.10 Billion $ -1.12 Billion $ -3.46 Billion

Southern Company - Advanced Valuation Insights

This section examines the relationship between Southern Company's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.

Key Valuation Metrics

Current Price-to-Book Ratio 2.80
Latest Market Cap to Assets Ratio 0.67
Asset Growth Rate (YoY) 4.2%
Total Assets $145.18 Billion
Market Capitalization $97.89 Billion USD

Valuation Analysis

Below Book Valuation: The market values Southern Company's assets below their book value (0.67 x), which may indicate investor concerns about asset quality or future growth.

Positive Asset Growth: Southern Company's assets grew by 4.2% over the past year, showing continued investment in the company's operational capacity.

Annual Total Assets for Southern Company (1994–2024)

The table below shows the annual total assets of Southern Company from 1994 to 2024.

Year Total Assets Change
2024-12-31 $145.18 Billion +4.20%
2023-12-31 $139.33 Billion +3.29%
2022-12-31 $134.89 Billion +5.77%
2021-12-31 $127.53 Billion +3.74%
2020-12-31 $122.94 Billion +3.57%
2019-12-31 $118.70 Billion +1.53%
2018-12-31 $116.91 Billion +5.32%
2017-12-31 $111.00 Billion +1.19%
2016-12-31 $109.70 Billion +40.07%
2015-12-31 $78.32 Billion +11.51%
2014-12-31 $70.23 Billion +8.81%
2013-12-31 $64.55 Billion +2.21%
2012-12-31 $63.15 Billion +6.55%
2011-12-31 $59.27 Billion +7.70%
2010-12-31 $55.03 Billion +5.74%
2009-12-31 $52.05 Billion +7.65%
2008-12-31 $48.35 Billion +5.59%
2007-12-31 $45.79 Billion +6.84%
2006-12-31 $42.86 Billion +7.48%
2005-12-31 $39.88 Billion +7.91%
2004-12-31 $36.95 Billion +5.05%
2003-12-31 $35.18 Billion +4.32%
2002-12-31 $33.72 Billion +12.79%
2001-12-31 $29.90 Billion -4.36%
2000-12-31 $31.26 Billion +6.72%
1999-12-31 $29.29 Billion -19.07%
1998-12-31 $36.19 Billion +2.65%
1997-12-31 $35.26 Billion +16.62%
1996-12-31 $30.23 Billion -0.96%
1995-12-31 $30.52 Billion +12.87%
1994-12-31 $27.04 Billion --