Southern Co (SO) Net Margin (2009 - 2026)
Southern's Net Margin was 16.83% in Q2 2026, up 4.21 percentage points from 12.62% a year earlier and up 0.68 percentage points from the prior quarter.
Southern Co (SO) Net Margin (2009 - 2026) Analysis & Trends
On a trailing twelve-month basis, Southern's Net Margin was 15.43% through Jun 30, 2026, up 0.33 percentage points year-over-year; for FY2025, it came in at 14.69%, down 1.78 percentage points from FY2024.
- Net Margin shows a five-year change of -0.62 percentage points (FY2020 to FY2025).
- In earlier years, Net Margin was 16.47% in FY2024 (+0.72 pp), 15.74% in FY2023 (+3.71 pp), 12.04% in FY2022 (+1.68 pp) and 10.35% in FY2021 (-4.95 pp).
- Quarterly Net Margin has moved between -3.73% (Q4 2021) and 21.87% (Q3 2025) over five years.
- Compared with a year earlier, Net Margin was higher in five of the last eight quarters, with an average year-over-year change of +2.05 percentage points.
- The best year-over-year quarter for Net Margin over five years was Q4 2023 (a gain of 15.13 percentage points); the worst was Q4 2021 (a drop of 11.29 percentage points).
- Per Business Quant data, SO's Net Margin in the three quarters before Q2 2026 was 16.15% (Q1 2026), 5.96% (Q4 2025) and 21.87% (Q3 2025).
Peer Comparison
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 16.83% |
| Mar 31, 2026 | 16.15% |
| Dec 31, 2025 | 5.96% |
| Sep 30, 2025 | 21.87% |
| Jun 30, 2025 | 12.62% |
| Mar 31, 2025 | 17.16% |
| Dec 31, 2024 | 8.42% |
| Sep 30, 2024 | 21.10% |
| Jun 30, 2024 | 5.71% |
| Mar 31, 2024 | 5.01% |
| Dec 31, 2023 | 14.14% |
| Sep 30, 2023 | 20.37% |
| Jun 30, 2023 | 5.43% |
| Mar 31, 2023 | 3.94% |
| Dec 31, 2022 | -1.23% |
| Sep 30, 2022 | 17.57% |
| Jun 30, 2022 | 15.36% |
| Mar 31, 2022 | 15.52% |
| Dec 31, 2021 | -3.73% |
| Sep 30, 2021 | 17.65% |
Southern Co Net 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=net-margin&ticker=SO&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "net-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=net-margin&ticker=SO&period=max&api_key=YOUR_API_KEY");
const data = await res.json();