The Southern Company (SO)

Solvency & Capital Structure

Total Debt

$77.09B

Net Debt

$74.10B

The Southern Company currently has $77.09B in total debt. Net debt is $74.10B after cash offsets.

Financial Fundamentals

SO • Quarterly Data • 5Y View

Date	Total Debt ($B)	Cash & Inv. ($B)	Net Debt ($B)	Total Assets	Debt/Assets
2026-06-30	77.09	2.98	74.10	162.03	47.6%
2026-03-31	76.00	0.98	75.02	157.03	48.4%
2025-12-31	65.82	1.64	64.18	155.72	42.3%
2025-09-30	73.75	3.34	70.40	153.25	48.1%
2025-06-30	70.82	1.26	69.56	148.85	47.6%
2025-03-31	70.12	2.33	67.79	148.11	47.3%
2024-12-31	66.28	1.07	65.21	145.18	45.7%
2024-09-30	65.08	1.02	64.06	143.96	45.2%
2024-06-30	65.52	1.15	64.37	141.94	46.2%
2024-03-31	65.25	0.71	64.53	140.12	46.6%
2023-12-31	63.49	0.75	62.74	139.33	45.6%
2023-09-30	62.31	1.68	60.63	138.32	45.0%
2023-06-30	62.40	2.12	60.27	137.12	45.5%
2023-03-31	60.55	1.05	59.50	134.76	44.9%
2022-12-31	59.13	1.92	57.22	134.89	43.8%
2022-09-30	56.65	2.01	54.64	134.00	42.3%
2022-06-30	56.46	1.72	54.74	130.77	43.2%
2022-03-31	55.92	1.66	54.26	128.64	43.5%
2021-12-31	55.47	1.80	53.67	127.53	43.5%
2021-09-30	54.58	2.08	52.50	127.86	42.7%
2021-06-30	53.91	1.58	52.33	125.91	42.8%
2021-03-31	53.25	1.77	51.48	125.39	42.5%
2020-12-31	51.04	1.06	49.98	122.94	41.5%
2020-09-30	51.94	3.38	48.56	123.16	42.2%
2020-06-30	49.77	1.88	47.89	119.73	41.6%
2020-03-31	49.59	2.16	47.43	118.85	41.7%
2019-12-31	48.69	1.98	46.71	118.70	41.0%
2019-09-30	47.78	2.93	44.85	117.59	40.6%
2019-06-30	46.16	1.38	44.77	114.87	40.2%
2019-03-31	45.97	1.36	44.61	114.10	40.3%
2018-12-31	46.85	1.40	45.45	116.91	40.1%
2018-09-30	47.00	1.85	45.16	111.72	42.1%
2018-06-30	49.70	1.98	47.72	112.78	44.1%
2018-03-31	51.95	2.28	49.67	111.57	46.6%
2017-12-31	50.79	2.13	48.66	111.00	45.8%
2017-09-30	50.13	1.84	48.28	110.31	45.4%
2017-06-30	50.19	1.43	48.76	108.68	46.2%
2017-03-31	48.87	1.09	47.78	109.76	44.5%
2016-12-31	47.46	1.98	45.48	109.70	43.3%
2016-09-30	45.47	2.67	42.80	106.36	42.8%
2016-06-30	39.46	1.90	37.57	90.87	43.4%
2016-03-31	29.68	0.75	28.92	78.73	37.7%
2015-12-31	28.74	1.40	27.33	78.32	36.7%
2015-09-30	27.13	1.11	26.02	75.22	36.1%
2015-06-30	27.37	0.81	26.56	74.18	36.9%
2015-03-31	26.08	1.11	24.97	71.61	36.4%
2014-12-31	24.78	0.71	24.07	70.23	35.3%
2014-09-30	24.46	1.41	23.04	67.65	36.2%
2014-06-30	24.52	0.58	23.94	66.40	36.9%
2014-03-31	23.65	0.59	23.06	64.84	36.5%
2013-12-31	23.30	0.66	22.64	64.55	36.1%
2013-09-30	23.11	0.68	22.43	64.70	35.7%
2013-06-30	23.61	0.42	23.19	63.96	36.9%
2013-03-31	23.29	0.52	22.77	63.27	36.8%
2012-12-31	22.43	0.63	21.81	63.15	35.5%
2012-09-30	21.72	1.26	20.47	61.96	35.1%
2012-06-30	21.99	0.66	21.33	60.90	36.1%
2012-03-31	21.96	1.04	20.92	59.87	36.7%
2011-12-31	21.22	1.31	19.91	59.27	35.8%
2011-09-30	20.76	1.52	19.25	57.34	36.2%
2011-06-30	20.77	0.44	20.33	56.02	37.1%
2011-03-31	20.81	0.41	20.40	55.02	37.8%
2010-12-31	20.75	0.45	20.30	55.03	37.7%
2010-09-30	18.55	1.26	17.29	54.90	33.8%
2010-06-30	19.02	0.27	18.75	53.37	35.6%
2010-03-31	20.11	0.34	19.77	52.58	38.2%
2009-12-31	19.88	0.69	19.19	52.05	38.2%
2009-09-30	19.49	0.61	18.88	50.52	38.6%
2009-06-30	20.11	0.78	19.33	50.42	39.9%
2009-03-31	19.57	0.67	18.89	49.56	39.5%
2008-12-31	18.39	0.42	17.97	48.35	38.0%
2008-09-30	18.19	0.81	17.39	49.01	37.1%
2008-06-30	17.65	0.19	17.46	47.86	36.9%
2008-03-31	17.30	0.25	17.05	46.60	37.1%
2007-12-31	16.59	0.20	16.39	45.79	36.2%
2007-09-30	16.10	0.53	15.57	45.31	35.5%
2007-06-30	16.01	0.17	15.84	44.14	36.3%
2007-03-31	16.51	0.16	16.35	43.11	38.3%
2006-12-31	15.86	0.17	15.70	42.86	37.0%
2006-09-30	14.33	0.42	13.91	42.04	34.1%
2006-06-30	15.04	0.26	14.78	40.80	36.9%
2006-03-31	16.05	0.30	15.75	39.98	40.1%
2005-12-31	15.01	0.20	14.80	39.88	37.6%
2005-09-30	14.63	0.42	14.21	39.38	37.1%
2005-06-30	14.79	0.24	14.56	38.07	38.9%
2005-03-31	14.46	0.38	14.08	37.29	38.8%
2004-12-31	13.86	0.37	13.49	36.95	37.5%
2004-09-30	13.52	0.28	13.24	36.50	37.0%
2004-06-30	13.90	0.19	13.71	35.94	38.7%
2004-03-31	13.82	0.33	13.49	35.37	39.1%
2003-12-31	11.47	0.31	11.16	35.18	32.6%
2003-09-30	11.42	0.58	10.83	33.89	33.7%
2003-06-30	11.67	0.21	11.46	33.29	35.0%
2003-03-31	11.69	0.31	11.38	32.85	35.6%
2002-12-31	11.37	0.27	11.09	33.72	33.7%
2002-09-30	11.07	0.29	10.78	31.45	35.2%
2002-06-30	11.32	0.67	10.65	31.31	36.2%
2002-03-31	11.02	0.30	10.72	30.20	36.5%
2001-12-31	10.63	0.35	10.27	29.90	35.5%
2001-09-30	10.35	0.31	10.04	29.80	34.7%
2001-06-30	10.60	0.20	10.39	29.27	36.2%
2001-03-31	10.04	0.18	9.86	31.53	31.8%
2000-12-31	9.59	0.20	9.38	31.26	30.7%
2000-09-30	17.81	0.83	16.97	43.53	40.9%
2000-06-30	17.53	0.79	16.74	39.52	44.4%
2000-03-31	17.05	0.47	16.57	38.45	44.3%
1999-12-31	9.54	0.18	9.36	29.29	32.6%
1999-09-30	15.37	0.77	14.60	38.22	40.2%
1999-06-30	15.41	0.45	14.96	37.57	41.0%
1999-03-31	13.45	0.55	12.90	35.44	38.0%
1998-12-31	13.83	0.96	12.87	36.19	38.2%
1998-09-30	13.22	0.86	12.37	35.95	36.8%
1998-06-30	13.34	0.69	12.65	35.76	37.3%
1998-03-31	13.30	0.48	12.82	35.02	38.0%
1997-12-31	13.12	0.70	12.42	35.26	37.2%
1997-09-30	12.64	0.62	12.02	35.38	35.7%
1997-06-30	12.07	0.38	11.69	34.41	35.1%
1997-03-31	12.31	0.55	11.76	34.00	36.2%
1996-12-31	9.61	0.45	9.17	30.23	31.8%
1996-09-30	9.20	0.38	8.82	29.93	30.7%