Southern (SO) Debt Ratio (2009 - 2026)
Southern's Debt Ratio came in at 0.47 for Q2 2026, up 0.1% from 0.47 a year earlier but down 1.7% from the prior quarter.
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Analysis
Southern (SO) Debt Ratio (2009 - 2026) Analysis & Trends
Going back to Q2 2009, Southern's Debt Ratio data covers 66 quarters.
- Debt Ratio has increased in each of the last six years.
- Going back by year, Debt Ratio was 0.45 in FY2024 (+0.3%), 0.44 in FY2023 (+4.3%), 0.43 in FY2022 (+1.3%) and 0.42 in FY2021 (+5.3%).
- The five-year range for quarterly Debt Ratio is 0.41 (Q3 2022) to 0.47 (Q1 2026).
- Year-over-year, Debt Ratio has increased for 15 consecutive quarters, with growth averaging 2.5% over the last eight quarters.
- The fastest year-over-year change in Debt Ratio over five years came in Q3 2023 (growth of 7.0%), and the weakest in Q3 2022 (a decline of 0.6%).
- Business Quant data shows SO's Debt Ratio at 0.47 (Q1 2026), 0.47 (Q4 2025) and 0.47 (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | Nextera Energy | 172.18 Bn | 170.30 Bn | - | 0.45 |
| 2 | Southern | 106.86 Bn | 97.91 Bn | 5.92 Bn | 0.47 |
| 3 | Duke Energy | 97.23 Bn | 95.83 Bn | 6.74 Bn | 0.46 |
| 4 | National Grid | 85.13 Bn | 57.46 Bn | - | 0.43 |
| 5 | American Electric Power | 70.60 Bn | 68.98 Bn | 3.84 Bn | 0.43 |
| 6 | Dominion Energy | 57.38 Bn | 60.06 Bn | - | 0.44 |
| 7 | Sempra | 54.97 Bn | 54.10 Bn | 2.89 Bn | 0.32 |
| 8 | Entergy | 50.09 Bn | 39.27 Bn | - | 0.44 |
| 9 | Xcel Energy | 48.73 Bn | 43.64 Bn | - | 0.45 |
| 10 | Exelon | 45.85 Bn | 41.17 Bn | - | 0.43 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 0.47 |
| Mar 31, 2026 | 0.47 |
| Dec 31, 2025 | 0.47 |
| Sep 30, 2025 | 0.47 |
| Jun 30, 2025 | 0.47 |
| Mar 31, 2025 | 0.46 |
| Dec 31, 2024 | 0.45 |
| Sep 30, 2024 | 0.44 |
| Jun 30, 2024 | 0.45 |
| Mar 31, 2024 | 0.46 |
| Dec 31, 2023 | 0.44 |
| Sep 30, 2023 | 0.44 |
| Jun 30, 2023 | 0.44 |
| Mar 31, 2023 | 0.44 |
| Dec 31, 2022 | 0.43 |
| Sep 30, 2022 | 0.41 |
| Jun 30, 2022 | 0.42 |
| Mar 31, 2022 | 0.42 |
| Dec 31, 2021 | 0.42 |
| Sep 30, 2021 | 0.41 |
API Access
Southern Debt Ratio 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=debt-ratio&ticker=SO&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "debt-ratio", "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=debt-ratio&ticker=SO&period=max&api_key=YOUR_API_KEY");
const data = await res.json();