Southern Company (The) Series 2 (SOJE) quarterly cash flow statement — complete operating, investing & financing history
Southern Company (The) Series 2 (SOJE) cash flow statement — 30-year operating, investing & financing cash flows
| Metric | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 |
|---|
| Cash from Operations | 2.65B | 1.23B | 2.6B | 3.77B | 2.18B | 1.25B | 2.17B | 3.62B | 2.69B | 1.31B | 1.81B | 2.84B | 2.06B | 844M | 1.28B | 1.44B | 1.99B | 1.59B | 1.09B | 2.18B |
| Operating CF Growth % | 21.55% | -1.92% | 19.51% | 4.37% | -18.86% | -4.65% | 19.86% | 27.32% | 30.74% | 55.33% | 41.09% | 97.5% | 3.47% | -46.98% | 18.11% | -33.95% | 19.55% | 28.18% | -26.29% | -8.26% |
| Operating CF / Revenue % | 38% | 14.6% | 37.2% | 48.24% | 31.28% | 16.08% | 34.27% | 49.71% | 41.59% | 19.73% | 29.99% | 40.69% | 35.77% | 13.02% | 18.23% | 17.16% | 27.57% | 23.95% | 18.87% | 34.9% |
| Net Income | 1.19B | 1.34B | 416M | 1.71B | 853M | 1.27B | 466M | 1.53B | 1.19B | 1.13B | 796M | 1.43B | 823M | 799M | -138M | 1.49B | 1.09B | 991M | -283M | 1.11B |
| Depreciation & Amortization | 1.6B | 1.58B | 1.6B | 1.56B | 1.45B | 1.41B | 1.35B | 1.34B | 1.31B | 1.26B | 1.29B | 1.26B | 1.2B | 1.23B | 980M | 1.09B | 1.01B | 989M | 1.03B | 995M |
| Deferred Taxes | 142M | 168M | 263M | -98M | 102M | 351M | 16M | 360M | 199M | -38M | 273M | 67M | -43M | 0 | -116M | 353M | 481M | 40M | -106M | 222M |
| Other Non-Cash Items | -1.32B | -521M | -203M | -559M | -323M | -530M | -829M | -360M | -433M | -262M | -636M | -493M | -653M | 201M | 35M | -1.41B | -504M | -190M | 411M | -359M |
| Working Capital Changes | 1.03B | -1.44B | 516M | 1.14B | 88M | -1.34B | 1.16B | 714M | 409M | -861M | 75M | 564M | 707M | -1.48B | 513M | -93M | -99M | -323M | 27M | 180M |
| Capital Expenditures | 2.94B | -2.94B | -4.29B | -3.39B | -2.94B | -2.44B | -2.94B | -2.47B | -2.27B | -1.91B | -2.53B | -2.66B | -2.05B | -1.85B | -2.42B | -2.29B | -1.79B | -1.42B | -2.02B | -1.84B |
| CapEx / Revenue % | 42.2% | 35.06% | 61.38% | 43.33% | 42.11% | 31.34% | 46.32% | 34% | 35.11% | 28.71% | 41.92% | 38.15% | 35.63% | 28.55% | 34.36% | 27.32% | 24.9% | 21.34% | 34.99% | 29.46% |
| CapEx / D&A | 1.84x | 1.86x | 2.67x | 2.17x | 2.03x | 1.73x | 2.18x | 1.84x | 1.73x | 1.51x | 1.97x | 2.11x | 1.70x | 1.50x | 2.47x | 2.10x | 1.78x | 1.43x | 1.96x | 1.85x |
| CapEx Coverage (OCF/CapEx) | 0.90x | 0.42x | 0.61x | 1.11x | 0.74x | 0.51x | 0.74x | 1.46x | 1.18x | 0.69x | 0.72x | 1.07x | 1.00x | 0.46x | 0.53x | 0.63x | 1.11x | 1.12x | 0.54x | 1.18x |
| Cash from Investing | -3.34B | -3.42B | -4.36B | -3.87B | -2.9B | -2.83B | -2.72B | -2.46B | -1.85B | -2.38B | -2.95B | -2.43B | -2.17B | -2.12B | -2.48B | -2.49B | -1.91B | -1.55B | -1.5B | -1.82B |
| Acquisitions | 0 | 0 | 1M | -635M | 2M | 0 | -1M | 25M | 336M | 9M | 164M | -126M | 126M | 0 | 275M | -119M | 119M | 0 | 757M | 135M |
| Purchase of Investments | 442M | -442M | -490M | -435M | -416M | -361M | -481M | -331M | -335M | -404M | -257M | -159M | -470M | -256M | -267M | -230M | -334M | -294M | -297M | -371M |
| Sale of Investments | -442M | 442M | 473M | 435M | 416M | 361M | 465M | 332M | 335M | 403M | 242M | 159M | 469M | 251M | 258M | 230M | 335M | 289M | 296M | 371M |
| Other Investing | -6.28B | -477M | -59M | 160M | 34M | -397M | 232M | -9M | 87M | -485M | -562M | 356M | -247M | -263M | -323M | -84M | -231M | -131M | -241M | -121M |
| Cash from Financing | 1.86B | 1.54B | 61M | 2.17B | -348M | 2.81B | 595M | -1.32B | -463M | 985M | 165M | -761M | 1.14B | 454M | 1.22B | 1.33B | -20M | -193M | 143M | 131M |
| Dividends Paid | -803M | -776M | -761M | -760M | -758M | -736M | -734M | -733M | -754M | -733M | -764M | -765M | -764M | -742M | -741M | -741M | -723M | -702M | -700M | -700M |
| Dividend Payout Ratio % | 68.4% | 57.23% | 182.93% | 44.42% | 86.14% | 55.17% | 137.45% | 47.75% | 62.68% | 64.92% | 89.36% | 53.8% | 91.17% | 86.08% | - | 50.24% | 65.08% | 67.76% | - | 63.35% |
| Debt Issuance (Net) | 0 | 1000K | -1000K | 1000K | 1000K | 1000K | 1000K | -1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K |
| Stock Issued | -426M | 535M | 1.53B | 28M | 32M | 30M | 31M | 28M | 56M | 28M | 10M | 4M | 7M | 15M | -293M | 1.74B | 23M | 38M | 11M | 38M |
| Share Repurchases | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Financing | 3.09B | -238M | -410M | -78M | -46M | -170M | -101M | -73M | -34M | -149M | -105M | -81M | -77M | -110M | -67M | -76M | -122M | -139M | -103M | -76M |
| Net Change in Cash | 1.17B | -653M | -1.7B | 2.08B | -1.07B | 1.23B | 46M | -156M | 379M | -89M | -969M | -354M | 1.03B | -820M | 24M | 278M | 62M | -156M | -272M | 484M |
| Exchange Rate Effect | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash at Beginning | 987M | 1.64B | 3.34B | 1.26B | 2.33B | 1.1B | 1.05B | 1.21B | 832M | 921M | 1.89B | 2.24B | 1.22B | 2.04B | 2.01B | 1.74B | 1.67B | 1.83B | 2.1B | 1.62B |
| Cash at End | 2.16B | 987M | 1.64B | 3.34B | 1.26B | 2.33B | 1.1B | 1.05B | 1.21B | 832M | 921M | 1.89B | 2.24B | 1.22B | 2.04B | 2.01B | 1.74B | 1.67B | 1.83B | 2.1B |
| Free Cash Flow | 5.59B | -1.72B | -1.69B | 384M | -755M | -1.19B | -764M | 1.14B | 419M | -597M | -721M | 177M | 8M | -1.01B | -1.14B | -851M | 193M | 173M | -930M | 339M |
| FCF Growth % | 841.06% | -44.73% | -120.94% | -66.4% | -280.19% | -98.83% | -5.96% | 545.76% | 5137.5% | 40.66% | 36.53% | 120.8% | -95.85% | -681.5% | -22.15% | -351.03% | 538.64% | 139.68% | -55% | 61.43% |
| FCF Margin % | 80.19% | -20.46% | -24.18% | 4.91% | -10.83% | -15.27% | -12.05% | 15.71% | 6.48% | -8.98% | -11.93% | 2.54% | 0.14% | -15.52% | -16.12% | -10.16% | 2.68% | 2.6% | -16.13% | 5.43% |
| FCF / Net Income % | 476.58% | -126.7% | -405.77% | 22.44% | -85.8% | -88.98% | -143.07% | 74.46% | 34.83% | -52.88% | -84.33% | 12.45% | 0.95% | -116.71% | 1320.93% | -57.69% | 17.37% | 16.7% | 440.76% | 30.68% |