Business description: Southern Company

Southern Company specializes in the electricity production and distribution. Net sales break down by activity as follows:

- electricity distribution (66.5%): 144,500 GWh sold in 2024 intended mainly for commercial customers (50,200 GWh), residential customers (49,300 GWh) and industrial customers (48,900 GWh);

- distribution and marketing of natural gas (16.6%);

- wholesale electricity sales (9.1%): 50,100 GWh sold;

- other (7.8%): primarily telecommunication services.

Number of employees: 29,651

Sales by Activity: Southern Company

Fiscal Period: December 2021 (USD) 2022 (USD) 2023 (USD) 2024 (USD) 2025 (USD)

Electric Utilities - Traditional Electric Operating Companies

16.61B 20.41B 18.36B 19.98B 22.06B

Eliminations

-711M -1.08B -733M -580M -648M

Southern Company Gas - Gas Distribution Operations

3.68B 5.27B 4.1B 3.9B 4.43B

Southern Company Gas - Wholesale Gas Services

188M - - - -

Electric Utilities - Southern Power

2.22B 3.37B 2.19B 2.01B 2.2B

All Other

582M 593M 718M 843M 893M

Southern Company Gas - Gas Marketing Services

475M 638M 548M 516M 582M

Southern Company Gas - Gas Pipeline Investments

32M 32M 32M 32M 32M

Southern Company Gas - ALL Other

38M 55M 36M 23M 12M

Geographical breakdown of sales: Southern Company

Fiscal Period: December 2021 (USD) 2022 (USD) 2023 (USD) 2024 (USD) 2025 (USD)

United States

23.11B 29.28B 25.25B 26.72B 29.55B

Executive Committee: Southern Company

Manager TitleAgeSince
Chief Executive Officer 68 23/05/2023
Director of Finance/CFO 57 30/07/2025
Chief Tech/Sci/R&D Officer - 30/07/2025
Chief Tech/Sci/R&D Officer - 31/12/1998
Chief Investment Officer - 08/09/2024

Composition of the Board of Directors: Southern Company

Director TitleAgeSince
Director/Board Member 72 31/12/2005
Director/Board Member 63 09/12/2012
Director/Board Member 74 08/02/2015
Director/Board Member 65 01/01/2019
Director/Board Member 76 01/01/2019
Director/Board Member 59 16/10/2021
Director/Board Member 69 31/03/2023
Director/Board Member 68 31/03/2023
Chairman 68 30/12/2023
Director/Board Member 58 15/10/2023

Shareholders: Southern Company

NameEquities%Valuation
BlackRock Advisors LLC
6.877 %
77,524,274 6.877 % 7 497 M $
Vanguard Capital Management LLC
6.346 %
71,539,145 6.346 % 6 918 M $
5.587 %
62,980,088 5.587 % 6 090 M $
Capital Research & Management Co. (World Investors)
4.989 %
56,239,873 4.989 % 5 438 M $
JPMorgan Investment Management, Inc.
3.853 %
43,435,247 3.853 % 4 200 M $
NameEquities%Valuation
Capital Research & Management Co. (World Investors)
29.11 %
11,642,572 29.11 % 606 M $
Voya Investment Management Co. LLC
12.12 %
4,850,000 12.12 % 252 M $
Russell Investments Group Ltd.
9.6 %
3,840,000 9.6 % 200 M $
Calamos Advisors LLC
5.203 %
2,081,325 5.203 % 108 M $
Portman Square Capital LLP
3.34 %
1,336,000 3.34 % 70 M $

Holdings: Southern Company

NameEquities%Valuation
49,447,10648.86% 64 M $

Company details: Southern Company

The Southern Co.

30 Ivan Allen Jr. Boulevard

30308, Atlanta

+404 506 5000

http://www.southerncompany.com
address Southern Company(SO)

Group companies: Southern Company

NameCategory and Sector
Electric Utilities
Electric Utilities
Alternative Power Generation
Electric Utilities
Electric Utilities

Other Electric Utilities

Change 5d. change 1-year change 3-years change Capi.($)
+1.07%+0.60%+4.92%+33.49% 104B
-3.09%-3.58%+92.50% - 251B
+0.92%-1.34%+18.96%+16.98% 179B
+1.48%+1.79%+23.99%+69.88% 153B
+0.74%+0.14%+20.02%+59.31% 112B
+1.97%+1.21%+7.80%+38.41% 96.84B
-3.69%-11.44%-14.72%+184.57% 91B
+1.06%+1.95%+26.87%+54.77% 70.27B
+0.60%-0.06%+19.96%+29.60% 58.84B
+1.34%+1.55%+34.80%+123.78% 50.71B
Average +0.24%-1.35%+23.51%+67.86% 116.66B
Weighted average by Cap. -0.13%-1.66%+31.94%+61.40%
Trader
Investor
Global
Quality
ESG MSCI
AA
Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
24
Last Close Price
92.60USD
Average target price
101.34USD
Spread / Average Target
+9.44%

Quarterly revenue - Rate of surprise

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