Southern (SO) Operating Leases (2019 - 2026)
Southern (SO) posted Operating Leases of $1.3 billion for Q2 2026, up 0.8% from $1.29 billion a year earlier and up 1.4% from the prior quarter.
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Analysis
Southern (SO) Operating Leases (2019 - 2026) Analysis & Trends
At the end of FY2025, Southern's Operating Leases came in at $1.29 billion, up 2.7% from FY2024.
- Annual Operating Leases shows a five-year compound annual growth rate of -4.4% (FY2020 to FY2025).
- In prior years, Southern's Operating Leases was $1.25 billion in FY2024 (-4.1%), $1.31 billion in FY2023 (-5.8%), $1.39 billion in FY2022 (-7.7%) and $1.5 billion in FY2021 (-6.7%).
- The Q2 2026 figure stands as the highest quarterly Operating Leases since Q1 2025.
- On a year-over-year basis, Operating Leases increased in three of the last eight quarters, with an average decline of 1.1%.
- The strongest year-over-year quarter for Operating Leases in the past five years was Q4 2025, with growth of 2.7%; the weakest was Q1 2023, with a decline of 9.7%.
- According to Business Quant data, Operating Leases for the three prior quarters was $1.28 billion (Q1 2026), $1.29 billion (Q4 2025) and $1.24 billion (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Wisconsin Electric Power | 99,216.00 Bn | 99,215.99 Bn | 911.30 Mn |
| 2 | Enel Chile | 301.57 Bn | 301.57 Bn | 1.33 Bn |
| 3 | Nextera Energy | 180.93 Bn | 179.04 Bn | - |
| 4 | Southern | 109.04 Bn | 101.70 Bn | 7.31 Bn |
| 5 | Duke Energy | 100.59 Bn | 99.24 Bn | 6.37 Bn |
| 6 | National Grid | 86.94 Bn | 59.27 Bn | - |
| 7 | American Electric Power | 69.61 Bn | 68.67 Bn | 4.75 Bn |
| 8 | Entergy | 53.37 Bn | 42.94 Bn | - |
| 9 | Sempra | 51.29 Bn | 84.11 Bn | - |
| 10 | Xcel Energy | 50.89 Bn | 44.36 Bn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 1.28 Bn |
| Jun 30, 2026 | 1.30 Bn |
| Mar 31, 2026 | 1.28 Bn |
| Dec 31, 2025 | 1.29 Bn |
| Sep 30, 2025 | 1.24 Bn |
| Jun 30, 2025 | 1.29 Bn |
| Mar 31, 2025 | 1.30 Bn |
| Dec 31, 2024 | 1.25 Bn |
| Sep 30, 2024 | 1.27 Bn |
| Jun 30, 2024 | 1.31 Bn |
| Mar 31, 2024 | 1.29 Bn |
| Dec 31, 2023 | 1.31 Bn |
| Sep 30, 2023 | 1.32 Bn |
| Jun 30, 2023 | 1.36 Bn |
| Mar 31, 2023 | 1.37 Bn |
| Dec 31, 2022 | 1.39 Bn |
| Sep 30, 2022 | 1.39 Bn |
| Jun 30, 2022 | 1.46 Bn |
| Mar 31, 2022 | 1.52 Bn |
| Dec 31, 2021 | 1.50 Bn |
API Access
Southern Operating Leases 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=operating-leases&ticker=SO&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-leases", "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=operating-leases&ticker=SO&period=max&api_key=YOUR_API_KEY");
const data = await res.json();