SO
The Southern Company
Stock
$83.72+0.25 (+0.30%)Close Oct 2, 2026
Cash flow statement
| Line | Last 12 months | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $10.7B | $9.8B | $9.8B | $7.6B | $6.3B | $6.2B | $6.7B | $5.8B | $6.9B | $6.4B | $4.9B | $6.3B | $5.8B | $6.1B | $4.9B | $5.9B | $4.0B | $3.3B | $3.5B | $3.4B |
| Capital expenditures | $13.9B | $12.7B | $9.0B | $9.1B | $7.9B | $7.6B | $7.5B | $7.6B | $8.0B | $7.4B | $7.3B | $5.7B | $5.2B | $5.3B | $4.8B | $4.5B | $4.1B | $4.7B | $4.0B | $3.5B |
| Free cash flow | −$3.3B | −$2.9B | $833M | −$1.5B | −$1.6B | −$1.4B | −$826M | −$1.8B | −$1.1B | −$1.0B | −$2.4B | $600M | $569M | $766M | $89M | $1.4B | −$95M | −$1.4B | −$497M | −$112M |
| Stock-based compensation | — | — | — | — | — | — | — | — | — | — | $3.0M | $6.0M | $27M | $25M | $23M | $22M | $22M | $23M | $20M | — |
| Buybacks | — | — | — | — | — | — | — | — | — | $0 | $0 | $115M | $5.0M | $20M | $430M | $0 | $0 | — | — | — |
| Dividends paid | $3.1B | $3.0B | $3.0B | $3.0B | $2.9B | $2.8B | $2.7B | $2.6B | $2.4B | $2.3B | $2.1B | $2.0B | $1.9B | $1.8B | $1.7B | $1.6B | $1.5B | $1.4B | $1.3B | $1.2B |
| Dividends per share | $2.98 | $2.94 | $2.86 | $2.78 | $2.70 | $2.62 | $2.54 | $2.46 | $2.38 | $2.30 | $2.22 | $2.15 | $2.08 | $2.01 | $1.94 | $1.87 | $1.80 | $1.73 | $1.66 | $1.60 |
| Free cash flow margin | −10.8% | −9.9% | 3.1% | −6.1% | −5.5% | −6.1% | −4.1% | −8.3% | −4.5% | −4.5% | −12.1% | 3.4% | 3.1% | 4.5% | 0.5% | 7.8% | −0.5% | −8.9% | −2.9% | −0.7% |