Southern (SO) Accumulated Depreciation (2009 - 2026)
Southern (SO) recorded Accumulated Depreciation of $39 billion in Q2 2024, up 6.8% from $36.5 billion a year earlier and up 1.7% from the prior quarter.
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Analysis
Southern (SO) Accumulated Depreciation (2009 - 2026) Analysis & Trends
At the end of FY2023, Southern reported Accumulated Depreciation of $37.73 billion, up 6.9% from FY2022.
- Annual Accumulated Depreciation has increased for four straight years, with a five-year compound annual growth rate of 4.0% (FY2018 to FY2023).
- Across earlier years, Accumulated Depreciation came in at $35.3 billion in FY2022 (+3.6%), $34.08 billion in FY2021 (+5.2%), $32.4 billion in FY2020 (+5.3%) and $30.77 billion in FY2019 (-0.9%).
- The Q2 2024 figure is the highest quarterly Accumulated Depreciation since Q3 2015.
- On a year-over-year basis, Accumulated Depreciation has increased for 18 consecutive quarters, with growth averaging 5.2% over the last eight quarters.
- Peak year-over-year performance for Accumulated Depreciation in the last five years was growth of 6.9% in Q4 2023, against a decline of 0.9% in Q4 2019 at the low end.
- Per Business Quant, the preceding three quarters came in at $38.35 billion (Q1 2024), $37.73 billion (Q4 2023) and $37.2 billion (Q3 2023).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Nextera Energy | 172.18 Bn | 170.30 Bn | - |
| 2 | Southern | 106.86 Bn | 97.91 Bn | 5.92 Bn |
| 3 | Duke Energy | 97.23 Bn | 95.83 Bn | 6.74 Bn |
| 4 | National Grid | 85.13 Bn | 57.46 Bn | - |
| 5 | American Electric Power | 70.60 Bn | 68.98 Bn | 3.84 Bn |
| 6 | Dominion Energy | 57.38 Bn | 60.06 Bn | - |
| 7 | Sempra | 54.97 Bn | 54.10 Bn | 2.89 Bn |
| 8 | Entergy | 50.09 Bn | 39.27 Bn | - |
| 9 | Xcel Energy | 48.73 Bn | 43.64 Bn | - |
| 10 | Exelon | 45.85 Bn | 41.17 Bn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 45.87 Bn |
| Mar 31, 2026 | 45.19 Bn |
| Dec 31, 2025 | 43.48 Bn |
| Sep 30, 2025 | 42.79 Bn |
| Jun 30, 2025 | 41.70 Bn |
| Mar 31, 2025 | 40.91 Bn |
| Dec 31, 2024 | 40.13 Bn |
| Sep 30, 2024 | 39.54 Bn |
| Jun 30, 2024 | 39.00 Bn |
| Mar 31, 2024 | 38.35 Bn |
| Dec 31, 2023 | 37.73 Bn |
| Sep 30, 2023 | 37.20 Bn |
| Jun 30, 2023 | 36.50 Bn |
| Mar 31, 2023 | 35.99 Bn |
| Dec 31, 2022 | 35.30 Bn |
| Sep 30, 2022 | 34.92 Bn |
| Jun 30, 2022 | 35.20 Bn |
| Mar 31, 2022 | 34.65 Bn |
| Dec 31, 2021 | 34.08 Bn |
| Sep 30, 2021 | 33.72 Bn |
API Access
Southern Accumulated Depreciation API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=accumulated-depreciation&ticker=SO&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "accumulated-depreciation", "ticker": "SO", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=accumulated-depreciation&ticker=SO&period=max&api_key=YOUR_API_KEY");
const data = await res.json();