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Southern Company (SO) Cash Flow Waterfall

Trace Southern Company's cash from operations down to free cash flow, then see where FCF goes — capex, buybacks, dividends, and debt repayment.

Operating CF

$9.78B

Capex

−$13.60B

Free Cash Flow

−$3.82B

FCF Margin

-39.0%

Cash flow waterfall for Southern Company (SO) — TTM through Q1 2026

Free cash flow: −$3.82B

Cash flow breakdown for Southern Company (SO) — TTM through Q1 2026

  • Operating Cash Flow$9.78B
  • Capital Expenditure−$13.60B
  • Free Cash Flow−$3.82B
  • Acquisitions−$635.00M
  • Other Investing−$316.00M
  • Dividends Paid−$3.06B
  • Net Debt Change$5.12B
  • Other Financing & FX$1.36B
  • Net Cash Decrease−$1.34B
Want to see what drove the FCF change?Free Cash Flow Bridge

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