Free Cash Flow for Southern Company (SO)
Free Cash Flow for Southern Company (SO): headline value -$3.29B · YoY -531.0%. Annual and quarterly series, chart, and tables are below.
Headline figure above is from the reporting period ending (reported ). Chart and table below cover the full reported history back to .
Currently viewingFree Cash FlowSwitch metric
Latest period
-$3.29B
YoY change
-531.0%
5Y CAGR
N/A
Peak year (2011)
$1.38B
Latest annual
-$3.59B
Free Cash Flow history chart for Southern Company (SO) from 1994 to 2025
Free Cash Flow history table for Southern Company (SO) from 1994 to 2025
| Fiscal year | Period ended | Reported | Free Cash Flow | YoY |
|---|---|---|---|---|
| 2025 | -$3.59B | -531.0% | ||
| 2024 | $833.00M | -154.0% | ||
| 2023 | -$1.54B | -4.9% | ||
| 2022 | -$1.62B | +51.4% | ||
| 2021 | -$1.07B | +43.8% | ||
| 2020 | -$745.00M | -58.0% | ||
| 2019 | -$1.77B | +68.0% | ||
| 2018 | -$1.06B | +2.7% | ||
| 2017 | -$1.03B | -57.5% | ||
| 2016 | -$2.42B | +115.9% | ||
| 2015 | -$1.12B | +590.7% | ||
| 2014 | -$162.00M | -125.6% | ||
| 2013 | $634.00M | +612.4% | ||
| 2012 | $89.00M | -93.5% | ||
| 2011 | $1.38B | -1550.5% | ||
| 2010 | -$95.00M | -93.2% | ||
| 2009 | -$1.41B | +149.9% | ||
| 2008 | -$563.00M | +275.3% | ||
| 2007 | -$150.00M | -13.8% | ||
| 2006 | -$174.00M | -208.8% | ||
| 2005 | $160.00M | -72.5% | ||
| 2004 | $582.00M | -45.3% | ||
| 2003 | $1.06B | +833.3% | ||
| 2002 | $114.00M | -148.9% | ||
| 2001 | -$233.00M | -139.3% | ||
| 2000 | $593.00M | +263.8% | ||
| 1999 | $163.00M | -78.1% | ||
| 1998 | $743.00M | -3.0% | ||
| 1997 | $766.00M | -34.6% | ||
| 1996 | $1.17B | +28.2% | ||
| 1995 | $914.00M | +59.0% | ||
| 1994 | $575.00M | — |
Free Cash Flow values are taken from Southern Company's reported cash flow 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
Southern Company (SO) most recent annual free cash flow stands at -$3.59B (2025) – plunged 531.0% year-over-year.
Southern Company free cash flow peaked at $1.38B in 2011; the latest annual figure is -$3.59B in 2025 (360.5% below peak).
The highest annual free cash flow of $1.38B was reported in 2011. The lowest in the available history was -$3.59B in 2025.
Among 8 Utilities peers, Southern Company (SO) ranks 7th; the peer median for free cash flow is $708.50M.
Southern Company Free Cash Flow by Year
Southern Company Free Cash Flow 2025: -$3.59B
Southern Company free cash flow in 2025 was -$3.59B, plunged 531.0% below 2024. This figure represents the lowest annual value in the available history.
Southern Company Free Cash Flow 2024: $833.00M
Southern Company free cash flow in 2024 was $833.00M, plunged 154.0% below 2023.
Southern Company Free Cash Flow 2023: -$1.54B
Southern Company free cash flow in 2023 was -$1.54B, edged down 4.9% below 2022.
Southern Company Free Cash Flow 2022: -$1.62B
Southern Company free cash flow in 2022 was -$1.62B, surged 51.4% from 2021.
Southern Company Free Cash Flow 2021: -$1.07B
Southern Company free cash flow in 2021 was -$1.07B.
See more financial history for Southern Company (SO).
Sector peers — Free Cash Flow
Companies in the same sector as Southern Company, ranked by their latest free cash flow.
| Company | Free Cash Flow | Sector |
|---|---|---|
| American Electric Power Company, Inc. (AEP) | $6.81B | Utilities |
| GE Vernova Inc. (GEV) | $3.71B | Utilities |
| NextEra Energy, Inc. (NEE) | $3.21B | Utilities |
| Constellation Energy Corporation (CEG) | $1.29B | Utilities |
| Vistra Corp. (VST) | $129.00M | Utilities |
| Duke Energy Corporation (DUK) | -$1.67B | Utilities |
| Sempra (SRE) | -$6.05B | Utilities |
| Dominion Energy, Inc. (D) | -$7.28B | Utilities |
Frequently asked questions
What is Southern Company's free cash flow?
Latest reported free cash flow for Southern Company (SO) is -$3.29B (period ending December 31, 2025).
How has Southern Company free cash flow changed year-over-year?
Southern Company (SO) free cash flow changed -531.0% year-over-year on the latest annual filing.
When did Southern Company free cash flow hit its highest annual value?
Southern Company free cash flow reached its highest annual value of $1.38B in 2011.
What was Southern Company free cash flow in 2024?
Southern Company (SO) free cash flow in 2024 was $833.00M.
What was Southern Company free cash flow in 2025?
Southern Company (SO) free cash flow in 2025 was -$3.59B.
Metrics overview
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