SO
The Southern Company
NYSEUSDEQUITY
Utilities
DELAYED
Neutral
-19/100
Last price
85.44
▲ 1.65 (1.97%)
MARKET · —
Price
Chart style
Interval
Intraday intervals only cover recent history. The site picks the finest interval the range allows.
Overlays
Session levels
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Both series are rebased to 0% at the left edge, so the lines show relative performance rather than price.
Tool
1D
—
H —
L —
Range —
Vol —
vs
Drag pan · Pinch zoom · Hold crosshair · pick a tool then drag to draw
Open
84.26
Prev close
83.79
Day high
85.52
Day low
84.14
Volume
5.77M
Market cap
$98.29B
P/E (TTM)
20.20
52W range
81.69 – 100.84
Day trading desk
Gap from prior close
+0.56%
Prior close 83.79
VWAP
85.13
+0.37% from price
Relative volume
1.99×
Unusually busy
Session range
1.64%
84.14 – 85.52
Position in range
94%
Near session high
ATR (14D)
1.26
1.48% of price
Prior day high
84.39
PDH
Prior day low
83.17
PDL
Bid / ask spread
—
Quote not published
Session volume
11.31M
Avg 5.67M
VWAP and the session figures are computed from the delayed intraday series on this page, so they lag the live tape and will not match a broker's real-time VWAP exactly. Turn on Prior day H/L/C, Opening range and Volume profile in the chart's Studies menu to see these levels drawn on price.
Trailing performance
Returnvs SPY
1W
+2.38%
+0.4%
1M
-3.03%
-4.2%
3M
-11.35%
-15.9%
6M
-11.75%
-29.9%
YTD
-2.02%
-16.3%
1Y
-9.63%
-26.0%
3Y
+32.01%
-50.2%
5Y
—
—
Price return only. Dividends are not reinvested, so total return on a dividend payer will be higher than shown.
Unusual options activity
Nothing crossed the thresholds in the expiries we scanned.
That is the normal state — most contracts trade well inside their existing open interest.
That is the normal state — most contracts trade well inside their existing open interest.
Contracts trading at or above their open interest, ranked by notional and where the print landed.
Free account
5 more panels on SO open with an account.
Options chains and analytics, valuation ratios, insider filings, analyst targets and ownership. No card, no trial, nothing to cancel.
Insider net activity
Net shares
-1.23K
Net selling
Buy transactions
2
8.37K shares
Sell transactions
9
9.60K shares
Net transactions
+11
Buys less sells
Sell : buy shares
1.1 : 1
Mixed
Insider-held shares
1.10M
Total on file
Insider transactions
| Date | Insider | Action | Shares | Value | Held |
|---|---|---|---|---|---|
| Oct 1, 26 | KIM MATTHEW M. Officer |
SELL | 100 | $8.27K | Direct |
| Sep 3, 26 | SENA PETER P III Officer |
SELL | 4.27K | $377.93K | Direct |
| Sep 3, 26 | KIM MATTHEW M. Officer |
SELL | 1.40K | $124.42K | Direct |
| Sep 1, 26 | KIM MATTHEW M. Officer |
SELL | 100 | $8.85K | Direct |
| Aug 6, 26 | SPAINHOUR STERLING A. JR. Officer |
SELL | 3.33K | $313.37K | Direct |
| Aug 3, 26 | KIM MATTHEW M. Officer |
SELL | 100 | $9.43K | Direct |
| Jul 1, 26 | KIM MATTHEW M. Officer |
SELL | 100 | $9.58K | Direct |
| Jun 26, 26 | SENA PETER P III Officer |
— | 712 | — | Direct |
| Jun 1, 26 | KIM MATTHEW M. Officer |
SELL | 100 | $9.12K | Direct |
| May 22, 26 | WOMACK CHRISTOPHER C. Chief Executive Officer |
— | 7.66K | — | Direct |
| May 1, 26 | KIM MATTHEW M. Officer |
SELL | 100 | $9.66K | Direct |
| Apr 1, 26 | KIM MATTHEW M. Officer |
— | 82 | — | Direct |
| Mar 30, 26 | GREENE KIMBERLY S Officer |
SELL | 25.00K | $2.42M | Direct |
| Mar 19, 26 | CUMMISKEY CHRISTOPHER Officer |
SELL | 6.67K | $643.89K | Direct |
What this is, and what it is not
These are SEC Form 4 filings — officers, directors and 10% owners reporting their own trades in the company's stock. Filing is due within two business days of the transaction, so this lags reality by days, and the provider adds its own lag on top.
A sale is not automatically bearish. Executives sell on scheduled 10b5-1 plans, to cover tax on vesting equity, and to diversify. Purchases with cash are generally the more informative signal, and they are far rarer.
This does not include congressional or senate trading. That comes from STOCK Act disclosures filed with the Senate eFD system and the House Clerk, which this data source does not carry.
Officer and director trades in their own stock, straight from Form 4 filings.
Fundamentals
Market cap$98.29B
Enterprise value$175.16B
Revenue (TTM)$30.18B
Gross profit$14.57B
EBITDA$14.26B
Net income$4.66B
EPS (TTM)$4.23
Free cash flow$-3.91B
Total cash$2.98B
Total debt$77.09B
Book value / share$34.40
Shares outstanding1.15B
Float1.15B
Short % of float2.52%
Dividend yield3.63%
Beta (5Y)0.30
Valuation & profitability ratios
Trailing P/E20.20
Forward P/E17.35
PEG ratio1.98
Price / sales—
Price / book2.48
EV / revenue5.80
EV / EBITDA12.29
Gross margin48.29%
Operating margin29.61%
Profit margin15.43%
Return on equity11.48%
Return on assets3.27%
Debt / equity182.06
Current ratio0.79
Fourteen ratios including P/E, PEG, EV/EBITDA, margins and return on equity.
Financial statements
| Line item | 2025 | 2024 | 2023 | 2022 | YoY |
|---|---|---|---|---|---|
| Total revenue | $29.55B | $26.72B | $25.25B | $29.28B | +10.6% |
| Operating revenue | $28.27B | $25.57B | $24.30B | $28.55B | +10.5% |
| Cost of revenue | $15.23B | $13.36B | $13.48B | $18.65B | +14.0% |
| Gross profit | $14.32B | $13.36B | $11.78B | $10.63B | +7.2% |
| Total operating expense | $7.04B | $6.29B | $5.95B | $5.26B | +11.8% |
| Operating income | $7.29B | $7.07B | $5.83B | $5.37B | +3.1% |
| Net interest income | -$3.24B | -$2.74B | -$2.45B | -$2.02B | -18.0% |
| Pre-tax income | $5.00B | $5.23B | $4.34B | $4.22B | -4.4% |
| Tax provision | $828.00M | $969.00M | $496.00M | $795.00M | -14.6% |
| Net income | $4.34B | $4.40B | $3.98B | $3.54B | -1.4% |
| Net income to common | $4.34B | $4.40B | $3.98B | $3.52B | -1.4% |
| Basic EPS | 4.30 | 4.05 | 3.64 | 3.28 | +6.2% |
| Diluted EPS | 3.92 | 3.99 | 3.62 | 3.26 | -1.8% |
| EBIT | $8.24B | $7.97B | $6.79B | $6.25B | +3.3% |
| EBITDA | $14.27B | $13.24B | $11.78B | $10.31B | +7.8% |
| Basic shares | 1.10B | 1.10B | 1.09B | 1.07B | +0.6% |
| Diluted shares | 1.11B | 1.10B | 1.10B | 1.08B | +0.4% |
| Line item | 2025 | 2024 | 2023 | 2022 | YoY |
|---|---|---|---|---|---|
| Cash & equivalents | $1.64B | $1.07B | $748.00M | $1.92B | +53.2% |
| Cash & short-term investments | $1.64B | $1.07B | $748.00M | $1.92B | +53.2% |
| Accounts receivable | $2.25B | $2.23B | $2.03B | $2.13B | +1.0% |
| Inventory | $3.33B | $3.37B | $3.35B | $2.68B | -1.1% |
| Total current assets | $10.92B | $10.69B | $10.43B | $10.42B | +2.1% |
| Property, plant & equipment | $116.44B | $106.74B | $101.94B | $96.70B | +9.1% |
| Goodwill & intangibles | $5.46B | $5.49B | $5.53B | $5.57B | -0.6% |
| Total assets | $155.72B | $145.18B | $139.33B | $134.89B | +7.3% |
| Total current liabilities | $16.89B | $15.99B | $13.47B | $15.72B | +5.6% |
| Current debt | $6.94B | $6.06B | $4.79B | $6.89B | +14.6% |
| Long-term debt | $65.65B | $58.77B | $57.21B | $50.66B | +11.7% |
| Total debt | $74.08B | $66.28B | $63.49B | $59.13B | +11.8% |
| Total liabilities | $116.85B | $108.51B | $104.11B | $100.36B | +7.7% |
| Retained earnings | $14.86B | $13.75B | $12.48B | $11.54B | +8.0% |
| Shareholder equity | $36.02B | $33.21B | $31.44B | $30.41B | +8.5% |
| Working capital | -$5.97B | -$5.30B | -$3.04B | -$5.31B | -12.7% |
| Net tangible assets | $30.55B | $27.71B | $25.91B | $24.84B | +10.2% |
| Shares issued | 1.12B | 1.10B | 1.09B | 1.10B | +1.8% |
| Line item | 2025 | 2024 | 2023 | 2022 | 2021 | YoY |
|---|---|---|---|---|---|---|
| Net income | $4.17B | $4.26B | $3.85B | $3.43B | — | -2.1% |
| Depreciation & amortisation | $6.03B | $5.27B | $4.99B | $4.06B | — | +14.5% |
| Stock-based compensation | $136.00M | $132.00M | $137.00M | $127.00M | — | +3.0% |
| Change in working capital | $399.00M | $1.42B | -$135.00M | $160.00M | — | -71.9% |
| Operating cash flow | $9.80B | $9.79B | $7.55B | $6.30B | — | +0.1% |
| Capital expenditure | -$12.74B | -$8.96B | -$9.10B | -$7.92B | — | -42.2% |
| Investing cash flow | -$13.96B | -$9.40B | -$9.67B | -$8.43B | — | -48.5% |
| Share buybacks | — | $0 | $0 | -$298.00M | $0 | — |
| Dividends paid | -$3.02B | -$2.95B | -$3.04B | -$2.91B | — | -2.1% |
| Financing cash flow | $4.70B | -$208.00M | $999.00M | $2.34B | — | +2,357.7% |
| Free cash flow | -$2.94B | $833.00M | -$1.54B | -$1.62B | — | -452.3% |
| End cash position | $1.64B | $1.10B | $921.00M | $2.04B | — | +49.0% |
| Line item | 2026-06-30 | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | YoY |
|---|---|---|---|---|---|---|
| Total revenue | $6.98B | $8.40B | $6.98B | $7.82B | $6.97B | -16.9% |
| Operating revenue | $6.65B | $8.06B | $6.67B | $7.54B | $6.64B | -17.5% |
| Cost of revenue | $3.40B | $4.50B | $4.19B | $3.52B | $3.48B | -24.4% |
| Gross profit | $3.58B | $3.90B | $2.79B | $4.30B | $3.49B | -8.3% |
| Total operating expense | $1.80B | $1.88B | $1.87B | $1.71B | $1.73B | -4.4% |
| Operating income | $1.78B | $2.02B | $917.00M | $2.59B | $1.76B | -12.0% |
| Net interest income | -$796.00M | -$778.00M | -$895.00M | -$755.00M | -$874.00M | -2.3% |
| Pre-tax income | $1.38B | $1.57B | $196.00M | $2.11B | $1.14B | -12.2% |
| Tax provision | $187.00M | $228.00M | -$145.00M | $404.00M | $289.00M | -18.0% |
| Net income | $1.17B | $1.36B | $416.00M | $1.71B | $880.00M | -13.4% |
| Net income to common | $1.17B | $1.36B | $416.00M | $1.71B | $880.00M | -13.4% |
| Basic EPS | 1.03 | 1.21 | 0.55 | 1.55 | 0.80 | -14.9% |
| Diluted EPS | 1.03 | 1.20 | 0.38 | 1.54 | 0.79 | -14.2% |
| EBIT | $2.17B | $2.34B | $1.09B | $2.87B | $2.02B | -7.4% |
| EBITDA | $3.77B | $3.92B | $2.70B | $4.43B | $3.46B | -4.0% |
| Basic shares | 1.14B | 1.12B | 1.11B | 1.10B | 1.10B | +1.2% |
| Diluted shares | 1.14B | 1.13B | 1.11B | 1.11B | 1.11B | +1.2% |
| Line item | 2026-06-30 | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | YoY |
|---|---|---|---|---|---|---|
| Cash & equivalents | $2.98B | $981.00M | $1.64B | $3.34B | $1.26B | +204.2% |
| Cash & short-term investments | $2.98B | $981.00M | $1.64B | $3.34B | $1.26B | +204.2% |
| Accounts receivable | $2.30B | $2.40B | $2.25B | $2.30B | $2.30B | -4.3% |
| Inventory | $3.31B | $3.17B | $3.33B | $3.25B | $3.08B | +4.3% |
| Total current assets | $12.38B | $9.96B | $10.92B | $12.63B | $10.80B | +24.3% |
| Property, plant & equipment | $120.42B | $118.16B | $116.44B | $112.95B | $110.25B | +1.9% |
| Goodwill & intangibles | $5.45B | $5.46B | $5.46B | $5.47B | $5.48B | -0.1% |
| Total assets | $162.03B | $157.03B | $155.72B | $153.25B | $148.85B | +3.2% |
| Total current liabilities | $15.73B | $15.32B | $16.89B | $16.73B | $14.57B | +2.7% |
| Current debt | $6.83B | $7.37B | $6.94B | $7.68B | $6.35B | -7.4% |
| Long-term debt | $68.76B | $67.15B | $65.65B | $64.62B | $62.98B | +2.4% |
| Total debt | $77.09B | $76.00B | $74.08B | $73.75B | $70.82B | +1.4% |
| Total liabilities | $119.69B | $117.12B | $116.85B | $114.97B | $111.51B | +2.2% |
| Retained earnings | $15.70B | $15.38B | $14.86B | $15.25B | $14.36B | +2.1% |
| Shareholder equity | $39.57B | $37.12B | $36.02B | $35.00B | $34.01B | +6.6% |
| Working capital | -$3.36B | -$5.36B | -$5.97B | -$4.10B | -$3.77B | +37.4% |
| Net tangible assets | $34.12B | $31.67B | $30.55B | $29.53B | $28.54B | +7.8% |
| Shares issued | 1.15B | 1.13B | 1.12B | 1.10B | 1.10B | +2.0% |
| Line item | 2026-06-30 | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | YoY |
|---|---|---|---|---|---|---|
| Net income | $1.19B | $1.34B | $341.00M | $1.71B | $853.00M | -11.1% |
| Depreciation & amortisation | $1.60B | $1.58B | $1.60B | $1.56B | $1.45B | +1.0% |
| Stock-based compensation | $15.00M | $97.00M | $12.00M | $22.00M | $12.00M | -84.5% |
| Change in working capital | $625.00M | -$1.44B | $516.00M | $1.14B | $88.00M | +143.5% |
| Operating cash flow | $3.05B | $1.23B | $2.60B | $3.77B | $2.18B | +149.1% |
| Capital expenditure | -$3.69B | -$2.94B | -$4.29B | -$3.00B | -$3.02B | -25.5% |
| Investing cash flow | -$3.34B | -$3.42B | -$4.36B | -$3.87B | -$2.90B | +2.5% |
| Dividends paid | -$803.00M | -$776.00M | -$761.00M | -$760.00M | -$758.00M | -3.5% |
| Financing cash flow | $2.29B | $1.54B | $61.00M | $2.17B | -$348.00M | +48.2% |
| Free cash flow | -$641.00M | -$1.72B | -$1.69B | $778.00M | -$838.00M | +62.7% |
| End cash position | $2.99B | $987.00M | $1.64B | $3.34B | $1.26B | +202.9% |
Options analytics
Put / call volume
1.22
Put-heavy session
Put / call open interest
0.27
Positioning, not flow
Max pain
84.00
-1.7% from spot
ATM implied vol
28.0%
Nearest strike to spot
Skew (10% OTM)
-20.5%
Calls bid over puts
Call volume
190
Contracts, this expiry
Put volume
232
Contracts, this expiry
Heaviest call OI
88.00
1.41K contracts
Heaviest put OI
78.00
213 contracts
Max pain is the strike at which the largest dollar value of open contracts expires worthless. It describes current positioning; it is not a forecast and it moves as open interest changes.
Put/call ratios, max pain, implied volatility skew and where open interest is concentrated.
Earnings
Reported vs expected · EPS
| Quarter | Est. | Actual | Surprise |
|---|---|---|---|
| Jun 2026 | 1.01 | 1.13 | +11.8% |
| Mar 2026 | 1.21 | 1.32 | +8.9% |
| Dec 2025 | 0.56 | 0.55 | -1.4% |
| Sep 2025 | 1.51 | 1.60 | +6.0% |
Forward consensus
| Period | EPS | Analysts | Revenue | Growth |
|---|---|---|---|---|
| Current quarter | 1.65 | 11 | $8.24B | +5.3% |
| Next quarter | 0.54 | 11 | $7.06B | +1.2% |
| Current year | 4.59 | 21 | $30.92B | +4.6% |
| Next year | 4.92 | 22 | $32.74B | +5.9% |
Analyst targets & ownership
Mean target$98.13
High target$112.00
Low target$79.00
Implied upside14.85%
Analyst count19
ConsensusHOLD
Strong buy / Buy1 / 6
Hold14
Sell / Strong sell2 / 0
Held by insiders0.10%
Held by institutions74.18%
Institutions holding2.84K
Price targets, consensus spread, insider and institutional ownership.
Moving averages & technicals
SMA 10
83.43
+2.40% from price
SMA 20
84.98
+0.54% from price
SMA 50
88.84
-3.83% from price
SMA 100
91.60
-6.73% from price
SMA 200
92.15
-7.28% from price
EMA 12
84.29
+1.37% from price
EMA 26
85.76
-0.37% from price
EMA 50
87.94
-2.85% from price
RSI (14)
47.4
Neutral
MACD (12,26,9)
-1.47
Hist 0.28
ATR (14)
1.26
1.48% of price
Realised vol 30D
12.8%
Annualised
Bollinger upper
88.57
20, 2σ
Bollinger lower
81.40
20, 2σ
50 / 200 cross
Death
88.84 vs 92.15
Trend bias
Below 200
-7.28%
Options chain
Calls
| Strike | Last | Bid | Ask | Vol | OI | IV |
|---|---|---|---|---|---|---|
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
Puts
| Strike | Last | Bid | Ask | Vol | OI | IV |
|---|---|---|---|---|---|---|
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
Every listed expiry, both sides of the book, with volume, open interest and implied volatility.
Risk profile
Beta vs SPY
-0.21
Less volatile than market
Correlation to SPY
-0.15
Largely independent
Realised vol 30D
12.8%
Annualised
Market vol 1Y
13.0%
SPY, annualised
Max drawdown 1Y
-17.4%
Peak to trough
Max drawdown 5Y
-23.3%
Peak to trough
ATR 14
1.26
1.48% of price
Beta (reported)
0.30
5Y monthly, from filing
Short interest
Shares short
28.96M
Prior 32.59M
Change vs prior
-11.1%
Shorts covering
% of float
2.52%
Normal
% of shares out
2.52%
Against total outstanding
Days to cover
5.1
Crowded exit
Float
1.15B
Freely tradeable shares
Exchanges publish short interest twice a month with a settlement lag, so this is roughly two weeks behind. Days to cover divides shares short by average daily volume — it estimates how long covering would take, not whether it will happen.
Rating changes
| Date | Firm | Action | From | To |
|---|---|---|---|---|
| Sep 25, 26 | Citigroup | MAINTAINED | Buy | Buy |
| Sep 18, 26 | Morgan Stanley | MAINTAINED | Underweight | Underweight |
| Aug 21, 26 | Morgan Stanley | MAINTAINED | Underweight | Underweight |
| Aug 13, 26 | Truist Securities | MAINTAINED | Hold | Hold |
| Jul 27, 26 | BMO Capital | MAINTAINED | Outperform | Outperform |
| Jul 23, 26 | Keybanc | DOWNGRADE | Sector Weight | Underweight |
| Jul 22, 26 | BMO Capital | MAINTAINED | Outperform | Outperform |
| Jul 16, 26 | JP Morgan | MAINTAINED | Neutral | Neutral |
| Jun 18, 26 | Barclays | MAINTAINED | Equal-Weight | Equal-Weight |
| May 29, 26 | Truist Securities | MAINTAINED | Hold | Hold |
| Apr 21, 26 | Morgan Stanley | MAINTAINED | Underweight | Underweight |
| Apr 21, 26 | Truist Securities | INITIATED | — | Hold |
Dividends & splits
Forward rate$3.04 / yr
Forward yield3.63%
5-year avg yield3.55%
Payout ratio71.81%
Ex-dividend dateAug 17, 2026
Next pay dateSep 8, 2026
Last split10000:6109
Split dateApr 3, 2001
SEC filings
Corporate Changes & Voting Matters
8-K · 2026-08-06
Corporate Changes & Voting Matters
8-K · 2026-08-04
Corporate Changes & Voting Matters
8-K · 2026-08-03
Corporate Changes & Voting Matters
8-K · 2026-07-30
Annual report of employee stock purchase
11-K · 2026-06-26
Corporate Changes & Voting Matters
8-K · 2026-06-08
Offering Registrations
S-3ASR · 2026-06-05
Specialized Disclosure Report filed pursuant to Section 1502 of the Dodd-Frank Wall Street Reform and Consumer Protection Act relating to the use of conflict minerals (Rule 13p-1)
SD · 2026-05-20
Headlines
Southern Co. (SO) Laps the Stock Market: Here's Why
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PRIVATE STRATEGY · BY QUALIFICATION
The same data. A different seat.
The research you are reading is the input layer for a discretionary options program we run for a small number of qualified investors. Minimum $1,000,000.