Companies: 10,795·Total market cap: $144.5T
The Southern Company

The Southern Company

SONYSEUtilities● Active
$91.24
$-1.36(-1.47%)
Market Cap$102.9B
P/E Ratio—
52W High$100.84
52W Low$83.8
Overview

The Southern Company (SO) Cash on Hand — Cash & Short-Term Investments

Cash & cash equivalents plus short-term investments from the balance sheet, YoY change, and net cash vs debt context.

SO · cash on hand · updated Dec 31, 2025

Core cash position

Cash & Short-Term Investments (CCE + ST Investments)
$1.64B▲ +53.2% vs prior year
FY · as of Dec 31, 2025 · Reported in USD
Cash & Cash Equiv. (CCE)
$1.64B
cashAndCashEquivalents
Short-Term Investments
$0
shortTermInvestments
YoY Change vs Prior Year
+53.2%
vs prior fiscal year
Latest Quarter
$981.0M
Q1 2026
Data Scope & Methodology

Cash on Hand = Cash & Cash Equivalents (CCE) + Short-Term Investments, as reported on the balance sheet (10-K/10-Q). Also referred to as cash reserves or cash position. Not free cash flow.

Source: FMP /balance-sheet-statement · SEC 10-K / 10-Q · Reported in USD

Source: FMP /balance-sheet-statement · SEC 10-K / 10-Q · USDUpdated: December 31, 2025

Net cash vs debt

Cash & ST Investments$1.64BCash on Hand
Total Debt$65.82BTotal Debt
Net Cash / Net Debt−$64.18BNet Debt Position
Cash vs Debt Ratio
Cash 2%Debt 98%

The Southern Company carries a net debt position of $64.18B. Total debt ($65.82B) exceeds cash on hand ($1.64B). The Southern Company cash vs debt ratio: 2% cash / 98% debt.

Net Cash = Cash & ST Investments − Total Debt$1.64B − $65.82B = −$64.18B

Cash on hand history

YoY Increase
YoY Decrease
Latest Year
SO annual cash on hand history · Cash & Short-Term Investments · Source: FMP /balance-sheet-statement

Annual cash on hand by year

DateCash & ST InvestmentsYoY Change
Dec 31, 2025Latest$1.64B+53.2%
Dec 31, 2024$1.07B+43.0%
Dec 31, 2023$748.0M-61.0%
Dec 31, 2022$1.92B+6.6%
Dec 31, 2021$1.80B+68.8%
SO cash on hand annual historical data · Cash & Short-Term Investments per balance sheet (10-K/10-Q) · Reported in USD · Source: FMP /balance-sheet-statement

Utilities Sector Cash Reserves Comparison

#CompanyCash & ST Inv.Cash/MCap
#1
GE Vernova Inc.
GE Vernova Inc.
GEV
$8.85B3.5%#2
Constellation Energy Corporation
Constellation Energy Corporation
CEG
$3.75B4.1%#3
NextEra Energy, Inc.
NextEra Energy, Inc.
NEE
$2.81B1.6%
#4
The Southern Company
The Southern CompanyYOU
SO
$1.64B1.6%
#5
Duke Energy Corporation
Duke Energy Corporation
DUK
$245.0M0.3%
Utilities sector cash reserves · Source: FMP /balance-sheet-statement + /profile · Sorted by Cash desccompanies with most cash on hand →

About cash on hand & methodology

The Southern Company (SO) cash on hand as of December 31, 2025 is $1.64B, comprising $1.64B in cash and cash equivalents (CCE) plus $0 in short-term investments — reported as The Southern Company cash and short-term investments on the balance sheet (10-K filing). Also referred to as The Southern Company cash reserves or cash position.

The Southern Company annual cash on hand history shows increased +53.2% in 2025: increased +53.2% in 2025. The Southern Company cash reserves in 2025 reflect the company's capital allocation strategy.

The Southern Company carries total debt of $65.82B against cash of $1.64B, resulting in a net debt position of -$64.18B. For the full balance sheet, see the Financials → Balance Sheet tab.

Figures tie to SEC 10-K/10-Q balance sheet disclosures and FMP /balance-sheet-statement where noted.
Financial statementsFree cash flowNet incomeRevenueMarket capP/E ratioEarningsPrice history

Frequently asked questions

SO cash on hand · 5 questions

As of December 31, 2025, The Southern Company (SO) has $1.64B in cash on hand — defined as cash and short-term investments on the balance sheet. This includes $1.64B in cash and cash equivalents (CCE) plus $0 in short-term investments. Latest quarter (March 31, 2026): $981,000,000. Data sourced from the annual 10-K filing via FMP.

SO cash on handSO cash reservesSO cash 2025how much cash does SO have

▸ Source: FMP /balance-sheet-statement · US GAAP · The Southern Company · The Southern Company SEC 10-K & 10-Q filings · US GAAP · Last updated: December 31, 2025