Southern Co (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.
Powered by 
Analysis
Southern Co (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
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| 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 | 68.11 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 |
| Sep 30, 2021 | 52.84 Bn |
API Access
Southern Co 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();