Southern (SO) Total Debt (2009 - 2026)
Southern (SO) posted Total Debt of $75.58 billion for Q2 2026, up 9.0% from $69.34 billion a year earlier and up 1.4% from the prior quarter.
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Analysis
Southern (SO) Total Debt (2009 - 2026) Analysis & Trends
At the end of FY2025, Southern's Total Debt came in at $72.59 billion, up 12.0% from FY2024.
- Annual Total Debt has increased for six consecutive years, with a five-year compound annual growth rate of 8.1% (FY2020 to FY2025).
- In prior years, Southern's Total Debt was $64.82 billion in FY2024 (+4.6%), $62 billion in FY2023 (+7.7%), $57.55 billion in FY2022 (+7.1%) and $53.72 billion in FY2021 (+9.2%).
- The Q2 2026 figure stands as the highest quarterly Total Debt in data going back to Q2 2009.
- On a year-over-year basis, Total Debt has increased in each of the last 26 quarters, with growth averaging 8.5% over the last eight quarters.
- Across the past five years, year-over-year growth in Total Debt ran from 4.2% in Q3 2022 to 13.7% in Q3 2025.
- According to Business Quant data, Total Debt for the three prior quarters was $74.52 billion (Q1 2026), $72.59 billion (Q4 2025) and $72.31 billion (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Total Debt (Qtr) |
|---|---|---|---|---|---|
| 1 | Wisconsin Electric Power | 99,216.00 Bn | 99,215.99 Bn | 911.30 Mn | 5.97 Bn |
| 2 | Enel Chile | 301.57 Bn | 301.57 Bn | 1.33 Bn | - |
| 3 | Nextera Energy | 180.93 Bn | 179.04 Bn | - | 110.22 Bn |
| 4 | Southern | 109.04 Bn | 101.70 Bn | 7.31 Bn | 74.00 Bn |
| 5 | Duke Energy | 100.59 Bn | 99.24 Bn | 6.37 Bn | 92.79 Bn |
| 6 | National Grid | 86.94 Bn | 59.27 Bn | - | 61.59 Bn |
| 7 | American Electric Power | 69.61 Bn | 68.67 Bn | 4.75 Bn | 54.42 Bn |
| 8 | Entergy | 53.37 Bn | 42.94 Bn | - | 34.81 Bn |
| 9 | Sempra | 51.29 Bn | 84.11 Bn | - | 37.47 Bn |
| 10 | Xcel Energy | 50.89 Bn | 44.36 Bn | - | 40.60 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 74.00 Bn |
| Jun 30, 2026 | 75.58 Bn |
| Mar 31, 2026 | 74.52 Bn |
| Dec 31, 2025 | 72.59 Bn |
| Sep 30, 2025 | 72.31 Bn |
| Jun 30, 2025 | 69.34 Bn |
| Mar 31, 2025 | 68.62 Bn |
| Dec 31, 2024 | 64.82 Bn |
| Sep 30, 2024 | 63.62 Bn |
| Jun 30, 2024 | 64.02 Bn |
| Mar 31, 2024 | 63.77 Bn |
| Dec 31, 2023 | 62.00 Bn |
| Sep 30, 2023 | 60.81 Bn |
| Jun 30, 2023 | 60.84 Bn |
| Mar 31, 2023 | 58.98 Bn |
| Dec 31, 2022 | 57.55 Bn |
| Sep 30, 2022 | 55.07 Bn |
| Jun 30, 2022 | 54.77 Bn |
| Mar 31, 2022 | 54.16 Bn |
| Dec 31, 2021 | 53.72 Bn |
API Access
Southern Total Debt 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=total-debt&ticker=SO&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "total-debt", "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=total-debt&ticker=SO&period=max&api_key=YOUR_API_KEY");
const data = await res.json();