EBITDA for Southern Company (SO)
According to Southern Company's latest reported financial statements, the company's current EBITDA (TTM) is $14.19B USD. EBITDA stands for earnings before interest, taxes, depreciation, and amortization. It is a common proxy for operating cash generation that strips out non-cash charges (depreciation and amortization) and capital structure effects (interest, taxes). Useful for comparing companies with different leverage and asset bases — see operating income and net income for fully GAAP figures.
Headline TTM above sums the four reported quarters through (reported ). Chart and table below cover the full reported history back to .
Currently viewingEBITDASwitch metric
TTM (last 4 quarters)
$14.19B
YoY change
+8.3%
5Y CAGR
+9.2%
Peak year (2025)
$14.33B
Cumulative EBITDA
$269.44B
EBITDA history chart for Southern Company (SO) from 1985 to 2025
EBITDA history table for Southern Company (SO) from 1985 to 2025
| Fiscal year | Period ended | Reported | EBITDA | YoY |
|---|---|---|---|---|
| 2025 | $14.33B | +8.3% | ||
| 2024 | $13.24B | +12.4% | ||
| 2023 | $11.78B | +14.2% | ||
| 2022 | $10.31B | +22.9% | ||
| 2021 | $8.39B | -9.1% | ||
| 2020 | $9.22B | -20.6% | ||
| 2019 | $11.61B | +42.6% | ||
| 2018 | $8.14B | +30.9% | ||
| 2017 | $6.22B | -19.4% | ||
| 2016 | $7.72B | +12.5% | ||
| 2015 | $6.86B | +11.9% | ||
| 2014 | $6.14B | +8.0% | ||
| 2013 | $5.68B | -15.9% | ||
| 2012 | $6.75B | +5.6% | ||
| 2011 | $6.39B | +10.4% | ||
| 2010 | $5.79B | +9.3% | ||
| 2009 | $5.30B | +0.1% | ||
| 2008 | $5.29B | +7.1% | ||
| 2007 | $4.94B | +6.5% | ||
| 2006 | $4.64B | +7.1% | ||
| 2005 | $4.33B | +10.6% | ||
| 2004 | $3.92B | +2.1% | ||
| 2003 | $3.83B | +8.8% | ||
| 2002 | $3.52B | -1.9% | ||
| 2001 | $3.59B | +0.8% | ||
| 2000 | $3.56B | +9.4% | ||
| 1999 | $3.26B | -13.0% | ||
| 1998 | $3.74B | -11.7% | ||
| 1997 | $4.24B | +35.6% | ||
| 1996 | $3.13B | +7.9% | ||
| 1995 | $2.90B | +7.9% | ||
| 1994 | $2.69B | -68.3% | ||
| 1993 | $8.49B | +5.2% | ||
| 1992 | $8.07B | +0.3% | ||
| 1991 | $8.05B | +0.9% | ||
| 1990 | $7.97B | +6.4% | ||
| 1989 | $7.49B | +3.6% | ||
| 1988 | $7.24B | +3.2% | ||
| 1987 | $7.01B | +2.4% | ||
| 1986 | $6.85B | +0.5% | ||
| 1985 | $6.81B | — |
EBITDA values are taken from Southern Company's reported income statements (10-Q quarterly and 10-K annual filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the date the filing was reported; YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
Analysis
In 2025, Southern Company (SO) EBITDA totalled $14.33B – grew 8.3% year-over-year.
Southern Company EBITDA compound annual growth for the 2020–2025 (5 years) window is +9.2%, sustaining 4 straight years of year-over-year growth.
Across the available history, EBITDA reached its high of $14.33B in 2025 and its low of $2.69B in 1994.
Southern Company (SO) sits 3rd of 8 Utilities peers we track on this metric, against a peer median of $7.44B.
Southern Company EBITDA by Year
Southern Company EBITDA 2025: $14.33B
Southern Company EBITDA in 2025 was $14.33B, grew 8.3% from 2024. This figure represents the highest annual value in the available history.
Southern Company EBITDA 2024: $13.24B
Southern Company EBITDA in 2024 was $13.24B, grew 12.4% from 2023.
Southern Company EBITDA 2023: $11.78B
Southern Company EBITDA in 2023 was $11.78B, grew 14.2% from 2022.
Southern Company EBITDA 2022: $10.31B
Southern Company EBITDA in 2022 was $10.31B, grew 22.9% from 2021.
Southern Company EBITDA 2021: $8.39B
Southern Company EBITDA in 2021 was $8.39B.
See more financial history for Southern Company (SO).
Sector peers — EBITDA
Companies in the same sector as Southern Company, ranked by their latest EBITDA.
| Company | EBITDA | Sector |
|---|---|---|
| NextEra Energy, Inc. (NEE) | $16.16B | Utilities |
| Duke Energy Corporation (DUK) | $15.67B | Utilities |
| American Electric Power Company, Inc. (AEP) | $8.79B | Utilities |
| Dominion Energy, Inc. (D) | $8.02B | Utilities |
| Sempra (SRE) | $6.87B | Utilities |
| Vistra Corp. (VST) | $5.25B | Utilities |
| Constellation Energy Corporation (CEG) | $5.01B | Utilities |
| GE Vernova Inc. (GEV) | $3.68B | Utilities |
Frequently asked questions
What is Southern Company's EBITDA?
- Latest reported EBITDA for Southern Company (SO) is $14.19B (period ending December 31, 2025).
How has Southern Company EBITDA changed year-over-year?
- Southern Company (SO) EBITDA changed +8.3% year-over-year on the latest annual filing.
What is the long-term growth rate of Southern Company EBITDA?
- Southern Company (SO) EBITDA compound annual growth rate is +9.2% over the most recent 5 years available.
When did Southern Company EBITDA hit its highest annual value?
- Southern Company EBITDA reached its highest annual value of $14.33B in 2025.
What was Southern Company EBITDA in 2024?
- Southern Company (SO) EBITDA in 2024 was $13.24B.
What was Southern Company EBITDA in 2025?
- Southern Company (SO) EBITDA in 2025 was $14.33B.
Metrics overview
Pick a metric for charts, filings, and peers — each row shows the latest TTM or annual value with year-over-year change.
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