Southern (SO) Interest Coverage Ratio (2009 - 2026)
Southern's (SO) Interest Coverage Ratio came in at 2.23 for Q2 2026, up 10.5% from 2.02 a year earlier but down 14.0% from the prior quarter.
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Analysis
Southern (SO) Interest Coverage Ratio (2009 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, Interest Coverage Ratio at Southern was 2.27, down 6.4% year-over-year; for FY2025, it came in at 2.25, down 12.7% from FY2024.
- In prior years, Southern's Interest Coverage Ratio was 2.58 in FY2024 (+8.2%), 2.38 in FY2023 (-10.3%), 2.66 in FY2022 (+31.9%) and 2.01 in FY2021 (-25.0%).
- Quarterly Interest Coverage Ratio has run from a low of -0.68 in Q4 2021 to a high of 4.29 in Q3 2022 over five years.
- On a year-over-year basis, Interest Coverage Ratio increased in four of the last eight quarters, with an average decline of 8.4%.
- The strongest year-over-year quarter for Interest Coverage Ratio in the past five years was Q4 2023, with growth of 673.9%; the weakest was Q2 2023, with a decline of 37.6%.
- According to Business Quant data, Interest Coverage Ratio for the three prior quarters was 2.59 (Q1 2026), 1.02 (Q4 2025) and 3.44 (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Wisconsin Electric Power | 99,216.00 Bn | 99,215.99 Bn | 911.30 Mn | 2.96 |
| 2 | Enel Chile | 301.57 Bn | 301.57 Bn | 1.33 Bn | 5.13 |
| 3 | Nextera Energy | 180.93 Bn | 179.04 Bn | - | 2,624.00 |
| 4 | Southern | 109.04 Bn | 101.70 Bn | 7.31 Bn | 3.56 |
| 5 | Duke Energy | 100.59 Bn | 99.24 Bn | 6.37 Bn | 2.84 |
| 6 | National Grid | 86.94 Bn | 59.27 Bn | - | - |
| 7 | American Electric Power | 69.61 Bn | 68.67 Bn | 4.75 Bn | 2.99 |
| 8 | Entergy | 53.37 Bn | 42.94 Bn | - | 3.21 |
| 9 | Sempra | 51.29 Bn | 84.11 Bn | - | 0.54 |
| 10 | Xcel Energy | 50.89 Bn | 44.36 Bn | - | 2.46 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 3.56 |
| Jun 30, 2026 | 2.23 |
| Mar 31, 2026 | 2.59 |
| Dec 31, 2025 | 1.02 |
| Sep 30, 2025 | 3.44 |
| Jun 30, 2025 | 2.02 |
| Mar 31, 2025 | 2.82 |
| Dec 31, 2024 | 1.53 |
| Sep 30, 2024 | 3.42 |
| Jun 30, 2024 | 2.79 |
| Mar 31, 2024 | 2.56 |
| Dec 31, 2023 | 1.90 |
| Sep 30, 2023 | 3.40 |
| Jun 30, 2023 | 2.11 |
| Mar 31, 2023 | 2.09 |
| Dec 31, 2022 | 0.25 |
| Sep 30, 2022 | 4.29 |
| Jun 30, 2022 | 3.39 |
| Mar 31, 2022 | 3.00 |
| Dec 31, 2021 | -0.68 |
API Access
Southern Interest Coverage 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=interest-coverage-ratio&ticker=SO&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "interest-coverage-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=interest-coverage-ratio&ticker=SO&period=max&api_key=YOUR_API_KEY");
const data = await res.json();