Shares Outstanding for Southern Company (SO)
According to Southern Company's latest reported financial statements, the company's latest reported diluted shares outstanding is 1.11B. Diluted weighted-average shares outstanding is the share count used to compute per-share metrics like EPS. Buybacks lower it; new issuance, stock-based compensation, and convertible securities raise it. Multiply by the stock price for market capitalization.
Headline figure above is from the reporting period ending (reported ). Chart and table below cover the full reported history back to .
Currently viewingShares OutstandingSwitch metric
Latest period
1.11B
YoY change
+0.5%
5Y CAGR
+0.9%
Peak year (2025)
1.11B
Latest annual
1.11B
Shares Outstanding history chart for Southern Company (SO) from 1985 to 2025
Shares Outstanding history table for Southern Company (SO) from 1985 to 2025
| Fiscal year | Period ended | Reported | Shares Outstanding | YoY |
|---|---|---|---|---|
| 2025 | 1.11B | +0.5% | ||
| 2024 | 1.10B | +0.5% | ||
| 2023 | 1.10B | +1.6% | ||
| 2022 | 1.08B | +1.9% | ||
| 2021 | 1.06B | +0.3% | ||
| 2020 | 1.06B | +0.5% | ||
| 2019 | 1.05B | +1.9% | ||
| 2018 | 1.03B | +2.6% | ||
| 2017 | 1.01B | +1.8% | ||
| 2016 | 990.20M | +8.6% | ||
| 2015 | 911.60M | +0.4% | ||
| 2014 | 908.30M | +2.4% | ||
| 2013 | 887.30M | +2.2% | ||
| 2012 | 868.00M | +1.3% | ||
| 2011 | 857.00M | +2.8% | ||
| 2010 | 833.33M | +4.8% | ||
| 2009 | 795.00M | +2.6% | ||
| 2008 | 775.00M | +1.8% | ||
| 2007 | 761.00M | +1.7% | ||
| 2006 | 748.00M | -0.1% | ||
| 2005 | 749.00M | +0.8% | ||
| 2004 | 743.00M | +1.5% | ||
| 2003 | 732.00M | +2.5% | ||
| 2002 | 714.00M | +2.9% | ||
| 2001 | 694.00M | +6.1% | ||
| 2000 | 654.00M | -4.7% | ||
| 1999 | 686.00M | -1.6% | ||
| 1998 | 697.00M | +1.8% | ||
| 1997 | 685.00M | +1.8% | ||
| 1996 | 673.00M | +1.2% | ||
| 1995 | 665.06M | +2.2% | ||
| 1994 | 651.04M | +2.0% | ||
| 1993 | 638.22M | +13.5% | ||
| 1992 | 562.25M | +1.8% | ||
| 1991 | 552.52M | +8.6% | ||
| 1990 | 508.85M | -5.7% | ||
| 1989 | 539.55M | -13.3% | ||
| 1988 | 622.06M | +7.7% | ||
| 1987 | 577.50M | +20.7% | ||
| 1986 | 478.49M | +8.7% | ||
| 1985 | 440.19M | — |
Shares Outstanding 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) diluted shares outstanding totalled 1.11B – edged up 0.5% year-over-year.
Southern Company diluted shares outstanding has grown for 19 consecutive years, with a +0.9% compound annual growth rate over 2020–2025 (5 years).
2025 marks the peak diluted shares outstanding at 1.11B, with the historical low of 440.19M recorded in 1985.
Within Utilities, Southern Company (SO) ranks 2nd among 8 peers we track. The peer median for diluted shares outstanding is 586.45M.
Southern Company Shares Outstanding by Year
Southern Company Shares Outstanding 2025: 1.11B
Southern Company diluted shares outstanding in 2025 was 1.11B, edged up 0.5% from 2024. This figure represents the highest annual value in the available history.
Southern Company Shares Outstanding 2024: 1.10B
Southern Company diluted shares outstanding in 2024 was 1.10B, edged up 0.5% from 2023.
Southern Company Shares Outstanding 2023: 1.10B
Southern Company diluted shares outstanding in 2023 was 1.10B, edged up 1.6% from 2022.
Southern Company Shares Outstanding 2022: 1.08B
Southern Company diluted shares outstanding in 2022 was 1.08B, edged up 1.9% from 2021.
Southern Company Shares Outstanding 2021: 1.06B
Southern Company diluted shares outstanding in 2021 was 1.06B.
See more financial history for Southern Company (SO).
Sector peers — Shares Outstanding
Companies in the same sector as Southern Company, ranked by their latest diluted shares outstanding.
| Company | Shares Outstanding | Sector |
|---|---|---|
| NextEra Energy, Inc. (NEE) | 2.09B | Utilities |
| Dominion Energy, Inc. (D) | 855.30M | Utilities |
| Duke Energy Corporation (DUK) | 777.00M | Utilities |
| Sempra (SRE) | 652.70M | Utilities |
| American Electric Power Company, Inc. (AEP) | 520.21M | Utilities |
| Vistra Corp. (VST) | 339.80M | Utilities |
| Constellation Energy Corporation (CEG) | 314.00M | Utilities |
| GE Vernova Inc. (GEV) | 276.00M | Utilities |
Frequently asked questions
What is Southern Company's diluted shares outstanding?
- Latest reported diluted shares outstanding for Southern Company (SO) is 1.11B (period ending December 31, 2025).
How has Southern Company diluted shares outstanding changed year-over-year?
- Southern Company (SO) diluted shares outstanding changed +0.5% year-over-year on the latest annual filing.
What is the long-term growth rate of Southern Company diluted shares outstanding?
- Southern Company (SO) diluted shares outstanding compound annual growth rate is +0.9% over the most recent 5 years available.
When did Southern Company diluted shares outstanding hit its highest annual value?
- Southern Company diluted shares outstanding reached its highest annual value of 1.11B in 2025.
What was Southern Company diluted shares outstanding in 2024?
- Southern Company (SO) diluted shares outstanding in 2024 was 1.10B.
What was Southern Company diluted shares outstanding in 2025?
- Southern Company (SO) diluted shares outstanding in 2025 was 1.11B.
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