Southern (SO) Return on Capital Employed [ROCE] (2010 - 2026)
Southern (SO) reported Return on Capital Employed [ROCE] of 5.08% for Q2 2026, down 0.30 percentage points from 5.38% a year earlier and down 0.09 percentage points from the prior quarter.
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Analysis
Southern (SO) Return on Capital Employed [ROCE] (2010 - 2026) Analysis & Trends
For FY2025, Southern posted Return on Capital Employed [ROCE] of 5.45%, down 0.14 percentage points from FY2024.
- Return on Capital Employed [ROCE] has a five-year change of +0.96 percentage points (FY2020 to FY2025).
- By year, Return on Capital Employed [ROCE] came in at 5.60% in FY2024 (+0.89 pp), 4.71% in FY2023 (+0.06 pp), 4.65% in FY2022 (+1.41 pp) and 3.23% in FY2021 (-1.26 pp).
- The Q2 2026 figure ranks as the lowest quarterly Return on Capital Employed [ROCE] since Q1 2024.
- Year over year, Return on Capital Employed [ROCE] has now declined in each of the last three quarters, with an average year-over-year change of +0.29 percentage points over the last eight quarters.
- The high point for year-over-year Return on Capital Employed [ROCE] in five years was Q3 2024 (a gain of 1.70 percentage points); the low point was Q1 2022 (a drop of 1.68 percentage points).
- Per Business Quant data, the three quarters before Q2 2026 came in at 5.17% (Q1 2026), 5.29% (Q4 2025) and 5.53% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROCE (Qtr) |
|---|---|---|---|---|---|
| 1 | Enel Chile | 287.73 Bn | 287.73 Bn | 890.00 Mn | 34.35% |
| 2 | Nextera Energy | 160.25 Bn | 161.15 Bn | - | 4.32% |
| 3 | Southern | 96.31 Bn | 87.36 Bn | 5.92 Bn | 5.08% |
| 4 | Duke Energy | 88.79 Bn | 87.40 Bn | 6.74 Bn | 5.10% |
| 5 | National Grid | 79.16 Bn | 60.69 Bn | - | - |
| 6 | American Electric Power | 65.09 Bn | 63.47 Bn | 3.84 Bn | 4.97% |
| 7 | Dominion Energy | 53.95 Bn | 56.63 Bn | - | 3.53% |
| 8 | Sempra | 51.22 Bn | 50.35 Bn | 2.89 Bn | 4.60% |
| 9 | Entergy | 47.09 Bn | 36.28 Bn | - | 4.51% |
| 10 | Xcel Energy | 44.58 Bn | 39.49 Bn | - | 3.61% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 5.08% |
| Mar 31, 2026 | 5.17% |
| Dec 31, 2025 | 5.29% |
| Sep 30, 2025 | 5.53% |
| Jun 30, 2025 | 5.38% |
| Mar 31, 2025 | 5.55% |
| Dec 31, 2024 | 5.50% |
| Sep 30, 2024 | 5.52% |
| Jun 30, 2024 | 5.39% |
| Mar 31, 2024 | 4.92% |
| Dec 31, 2023 | 4.65% |
| Sep 30, 2023 | 3.82% |
| Jun 30, 2023 | 3.94% |
| Mar 31, 2023 | 4.30% |
| Dec 31, 2022 | 4.52% |
| Sep 30, 2022 | 4.10% |
| Jun 30, 2022 | 3.75% |
| Mar 31, 2022 | 2.96% |
| Dec 31, 2021 | 3.17% |
| Sep 30, 2021 | 4.12% |
API Access
Southern Return on Capital Employed [ROCE] 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=return-on-capital-employed-%5Broce%5D&ticker=SO&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-capital-employed-[roce]", "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=return-on-capital-employed-%5Broce%5D&ticker=SO&period=max&api_key=YOUR_API_KEY");
const data = await res.json();