Southern Co (SO) FCF Margin (2009 - 2026)
Southern (SO) posted FCF Margin of -9.19% for Q2 2026, up 2.83 percentage points from -12.02% a year earlier and up 11.27 percentage points from the prior quarter.
Southern Co (SO) FCF Margin (2009 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, FCF Margin at Southern was -10.83%, down 6.26 percentage points year-over-year; for FY2025, it came in at -9.93%, down 13.05 percentage points from FY2024.
- Annual FCF Margin shows a five-year change of -5.88 percentage points (FY2020 to FY2025).
- In prior years, Southern's FCF Margin was 3.12% in FY2024 (+9.22 pp), -6.11% in FY2023 (-0.57 pp), -5.54% in FY2022 (+0.59 pp) and -6.13% in FY2021 (-2.08 pp).
- Quarterly FCF Margin has run from a low of -24.18% in Q4 2025 to a high of 17.94% in Q3 2024 over five years.
- On a year-over-year basis, FCF Margin increased in three of the last eight quarters, with an average year-over-year change of -4.54 percentage points.
- The strongest year-over-year quarter for FCF Margin in the past five years was Q3 2024, with a gain of 15.40 percentage points; the weakest was Q2 2025, with a drop of 20.73 percentage points.
- According to Business Quant data, FCF Margin for the three prior quarters was -20.46% (Q1 2026), -24.18% (Q4 2025) and 9.95% (Q3 2025).
Peer Comparison
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -9.19% |
| Mar 31, 2026 | -20.46% |
| Dec 31, 2025 | -24.18% |
| Sep 30, 2025 | 9.95% |
| Jun 30, 2025 | -12.02% |
| Mar 31, 2025 | -15.27% |
| Dec 31, 2024 | -9.08% |
| Sep 30, 2024 | 17.94% |
| Jun 30, 2024 | 8.71% |
| Mar 31, 2024 | -6.91% |
| Dec 31, 2023 | -11.93% |
| Sep 30, 2023 | 2.54% |
| Jun 30, 2023 | 0.14% |
| Mar 31, 2023 | -15.52% |
| Dec 31, 2022 | -16.12% |
| Sep 30, 2022 | -10.16% |
| Jun 30, 2022 | 2.68% |
| Mar 31, 2022 | 2.60% |
| Dec 31, 2021 | -22.13% |
| Sep 30, 2021 | 5.43% |
Southern Co FCF Margin 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=fcf-margin&ticker=SO&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "fcf-margin", "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=fcf-margin&ticker=SO&period=max&api_key=YOUR_API_KEY");
const data = await res.json();