48/100B94.170
USD
1.61
(1.74%)
Market Open
Last updated: · Delayed 15 min
Fair value97.44Plus-3%80Price 94.17115
Q4 FY2026 · Earnings report
EPS estimate 0.41Revenue estimate 6.96B
Q4 FY2026 · Earnings report
EPS estimate 0.41Revenue estimate 6.96B
Southern Company (The) debt to equity ratioWhat is the debt to equity ratio? Debt to equity is a company's total debt divided by its shareholders' equity: how much it has borrowed for each dollar its owners have in the business.
Southern Company (The)'s debt to equity ratio is 1.80: total debt of 75.50B USD against shareholders' equity of 42.06B USD.
- Today
- 1.80
- Average, 5 years
- 1.99
- Low, 5 years
- 1.80
- High, 5 years
- 2.11
Debt to equity = total debt ÷ shareholders' equity = 75.50B ÷ 42.06B = 1.80
Debt to equity
Total debt
Shareholders' equity
Total debt over shareholders' equity at each quarter end.
Debt to equity by year and by quarter
| Fiscal year | Period ending | Debt to equity | Total debt | Shareholders' equity |
|---|---|---|---|---|
| Today | 1.80 | 75.50B | 42.06B | |
| FY2025 | 31 Dec 2025 | 2.06 | 74.08B | 36.02B |
| FY2024 | 31 Dec 2024 | 2.00 | 66.28B | 33.21B |
| FY2023 | 31 Dec 2023 | 2.02 | 63.49B | 31.44B |
| FY2022 | 31 Dec 2022 | 1.94 | 59.14B | 30.41B |
| FY2021 | 31 Dec 2021 | 1.97 | 55.47B | 28.17B |
| FY2020 | 31 Dec 2020 | 1.81 | 51.04B | 28.26B |
| FY2019 | 31 Dec 2019 | 1.75 | 48.69B | 27.80B |
| FY2018 | 31 Dec 2018 | 1.87 | 46.85B | 25.01B |
| FY2017 | 31 Dec 2017 | 2.07 | 50.79B | 24.49B |
| FY2016 | 31 Dec 2016 | 1.86 | 47.46B | 25.49B |
| FY2015 | 31 Dec 2015 | 1.35 | 28.74B | 21.32B |
| FY2014 | 31 Dec 2014 | 1.18 | 24.78B | 21.08B |
| FY2013 | 31 Dec 2013 | 1.16 | 23.30B | 20.14B |
| FY2012 | 31 Dec 2012 | 1.16 | 22.43B | 19.38B |
| FY2011 | 31 Dec 2011 | 1.14 | 21.22B | 18.66B |
| FY2010 | 31 Dec 2010 | 1.23 | 20.75B | 16.91B |
| FY2009 | 31 Dec 2009 | 1.28 | 19.88B | 15.59B |
| FY2008 | 31 Dec 2008 | 1.31 | 18.39B | 13.98B |
| FY2007 | 31 Dec 2007 | 1.23 | 16.59B | 13.47B |
| FY2006 | 31 Dec 2006 | 1.31 | 15.86B | 12.12B |
| FY2005 | 31 Dec 2005 | 1.33 | 15.01B | 11.29B |
| FY2004 | 31 Dec 2004 | 1.28 | 13.86B | 10.84B |
| FY2003 | 31 Dec 2003 | 1.14 | 11.47B | 10.07B |
| FY2002 | 31 Dec 2002 | 1.26 | 11.37B | 9.01B |
| FY2001 | 31 Dec 2001 | 1.27 | 10.63B | 8.35B |
| FY2000 | 31 Dec 2000 | 0.87 | 9.59B | 11.06B |
| FY1999 | 31 Dec 1999 | 1.00 | 9.54B | 9.57B |
| FY1998 | 31 Dec 1998 | 1.36 | 13.83B | 10.17B |
| FY1997 | 31 Dec 1997 | 1.29 | 13.12B | 10.14B |
| FY1996 | 31 Dec 1996 | 0.94 | 9.61B | 10.20B |
| FY1995 | 31 Dec 1995 | 1.03 | 10.45B | 10.10B |
| FY1994 | 31 Dec 1994 | 0.92 | 8.80B | 9.52B |
| FY1993 | 31 Dec 1993 | — | — | — |
| FY1992 | 31 Dec 1992 | — | — | — |
| FY1991 | 31 Dec 1991 | — | — | — |
| FY1990 | 31 Dec 1990 | — | — | — |
| FY1989 | 31 Dec 1989 | — | — | — |
| FY1988 | 31 Dec 1988 | — | — | — |
| FY1987 | 31 Dec 1987 | — | — | — |
| FY1986 | 31 Dec 1986 | — | — | — |
| FY1985 | 31 Dec 1985 | — | — | — |
| Quarter | Period ending | Debt to equity | Total debt | Shareholders' equity |
|---|---|---|---|---|
| Q3 FY2026 | 30 Sept 2026 | 1.80 | 75.50B | 42.06B |
| Q2 FY2026 | 30 Jun 2026 | 1.95 | 77.09B | 39.57B |
| Q1 FY2026 | 31 Mar 2026 | 2.05 | 76.01B | 37.12B |
| Q4 FY2025 | 31 Dec 2025 | 2.06 | 74.08B | 36.02B |
| Q3 FY2025 | 30 Sept 2025 | 2.11 | 73.75B | 35.00B |
| Q2 FY2025 | 30 Jun 2025 | 2.08 | 70.82B | 34.01B |
| Q1 FY2025 | 31 Mar 2025 | 2.07 | 70.12B | 33.84B |
| Q4 FY2024 | 31 Dec 2024 | 2.00 | 66.28B | 33.21B |
| Q3 FY2024 | 30 Sept 2024 | 1.95 | 65.08B | 33.30B |
| Q2 FY2024 | 30 Jun 2024 | 2.02 | 65.52B | 32.45B |
| Q1 FY2024 | 31 Mar 2024 | 2.04 | 65.25B | 31.92B |
| Q4 FY2023 | 31 Dec 2023 | 2.02 | 63.49B | 31.44B |
| Q3 FY2023 | 30 Sept 2023 | 1.99 | 62.31B | 31.38B |
| Q2 FY2023 | 30 Jun 2023 | 2.03 | 62.40B | 30.67B |
| Q1 FY2023 | 31 Mar 2023 | 1.98 | 60.55B | 30.53B |
| Q4 FY2022 | 31 Dec 2022 | 1.94 | 59.14B | 30.41B |
| Q3 FY2022 | 30 Sept 2022 | 1.80 | 56.65B | 31.48B |
| Q2 FY2022 | 30 Jun 2022 | 1.95 | 56.46B | 28.97B |
| Q1 FY2022 | 31 Mar 2022 | 1.96 | 55.92B | 28.59B |
| Q4 FY2021 | 31 Dec 2021 | 1.97 | 55.47B | 28.17B |
| Q3 FY2021 | 30 Sept 2021 | 1.88 | 54.58B | 28.98B |
| Q2 FY2021 | 30 Jun 2021 | 1.89 | 53.91B | 28.49B |
| Q1 FY2021 | 31 Mar 2021 | 1.85 | 53.25B | 28.77B |
| Q4 FY2020 | 31 Dec 2020 | 1.81 | 51.04B | 28.26B |
| Q3 FY2020 | 30 Sept 2020 | 1.82 | 51.94B | 28.58B |
| Q2 FY2020 | 30 Jun 2020 | 1.78 | 49.77B | 27.96B |
| Q1 FY2020 | 31 Mar 2020 | 1.77 | 49.59B | 28.02B |
| Q4 FY2019 | 31 Dec 2019 | 1.75 | 48.69B | 27.80B |
| Q3 FY2019 | 30 Sept 2019 | 1.72 | 47.78B | 27.80B |
| Q2 FY2019 | 30 Jun 2019 | 1.70 | 46.16B | 27.19B |
| Q1 FY2019 | 31 Mar 2019 | 1.72 | 45.97B | 26.73B |
| Q4 FY2018 | 31 Dec 2018 | 1.87 | 46.85B | 25.01B |
| Q3 FY2018 | 30 Sept 2018 | 1.87 | 47.00B | 25.20B |
| Q2 FY2018 | 30 Jun 2018 | 2.07 | 49.70B | 23.96B |
| Q1 FY2018 | 31 Mar 2018 | 2.08 | 51.95B | 25.00B |
| Q4 FY2017 | 31 Dec 2017 | 2.07 | 50.79B | 24.49B |
| Q3 FY2017 | 30 Sept 2017 | 2.01 | 50.13B | 24.91B |
| Q2 FY2017 | 30 Jun 2017 | 2.10 | 50.19B | 23.95B |
| Q1 FY2017 | 31 Mar 2017 | 1.89 | 48.87B | 25.82B |
| Q4 FY2016 | 31 Dec 2016 | 1.86 | 47.46B | 25.49B |
| Q3 FY2016 | 30 Sept 2016 | 1.80 | 45.47B | 25.27B |
| Q2 FY2016 | 30 Jun 2016 | 1.74 | 39.46B | 22.74B |
| Q1 FY2016 | 31 Mar 2016 | 1.38 | 29.68B | 21.52B |
| Q4 FY2015 | 31 Dec 2015 | 1.35 | 28.74B | 21.32B |
| Q3 FY2015 | 30 Sept 2015 | 1.27 | 27.13B | 21.39B |
| Q2 FY2015 | 30 Jun 2015 | 1.31 | 27.37B | 20.91B |
| Q1 FY2015 | 31 Mar 2015 | 1.23 | 26.08B | 21.15B |
| Q4 FY2014 | 31 Dec 2014 | 1.18 | 24.78B | 21.08B |
| Q3 FY2014 | 30 Sept 2014 | 1.17 | 24.46B | 20.99B |
| Q2 FY2014 | 30 Jun 2014 | 1.19 | 24.52B | 20.56B |
| Q1 FY2014 | 31 Mar 2014 | 1.17 | 23.65B | 20.20B |
| Q4 FY2013 | 31 Dec 2013 | 1.16 | 23.30B | 20.14B |
| Q3 FY2013 | 30 Sept 2013 | 1.16 | 23.11B | 19.91B |
| Q2 FY2013 | 30 Jun 2013 | 1.23 | 23.62B | 19.17B |
| Q1 FY2013 | 31 Mar 2013 | 1.22 | 23.29B | 19.12B |
| Q4 FY2012 | 31 Dec 2012 | 1.16 | 22.43B | 19.38B |
| Q3 FY2012 | 30 Sept 2012 | 1.12 | 21.72B | 19.35B |
| Q2 FY2012 | 30 Jun 2012 | 1.17 | 21.99B | 18.83B |
| Q1 FY2012 | 31 Mar 2012 | 1.19 | 21.96B | 18.41B |
| Q4 FY2011 | 31 Dec 2011 | 1.14 | 21.22B | 18.66B |
| Q3 FY2011 | 30 Sept 2011 | 1.13 | 20.76B | 18.34B |
| Q2 FY2011 | 30 Jun 2011 | 1.17 | 20.77B | 17.69B |
| Q1 FY2011 | 31 Mar 2011 | 1.21 | 20.81B | 17.17B |
| Q4 FY2010 | 31 Dec 2010 | 1.23 | 20.75B | 16.91B |
| Q3 FY2010 | 30 Sept 2010 | 1.07 | 18.55B | 17.34B |
| Q2 FY2010 | 30 Jun 2010 | 1.14 | 19.02B | 16.62B |
| Q1 FY2010 | 31 Mar 2010 | 1.26 | 20.11B | 15.90B |
| Q4 FY2009 | 31 Dec 2009 | 1.28 | 19.88B | 15.59B |
| Q3 FY2009 | 30 Sept 2009 | 1.29 | 19.49B | 15.07B |
| Q2 FY2009 | 30 Jun 2009 | 1.39 | 20.11B | 14.49B |
| Q1 FY2009 | 31 Mar 2009 | 1.40 | 19.57B | 13.96B |
| Q4 FY2008 | 31 Dec 2008 | 1.31 | 18.39B | 13.98B |
| Q3 FY2008 | 30 Sept 2008 | 1.26 | 18.19B | 14.49B |
| Q2 FY2008 | 30 Jun 2008 | 1.27 | 17.65B | 13.85B |
| Q1 FY2008 | 31 Mar 2008 | 1.38 | 17.30B | 12.56B |
| Q4 FY2007 | 31 Dec 2007 | 1.23 | 16.59B | 13.47B |
| Q3 FY2007 | 30 Sept 2007 | 1.30 | 16.10B | 12.35B |
| Q2 FY2007 | 30 Jun 2007 | 1.36 | 16.01B | 11.79B |
| Q1 FY2007 | 31 Mar 2007 | 1.44 | 16.51B | 11.48B |
| Q4 FY2006 | 31 Dec 2006 | 1.31 | 15.86B | 12.12B |
| Q3 FY2006 | 30 Sept 2006 | 1.27 | 14.33B | 11.29B |
| Q2 FY2006 | 30 Jun 2006 | 1.39 | 15.04B | 10.85B |
| Q1 FY2006 | 31 Mar 2006 | 1.50 | 16.05B | 10.72B |
| Q4 FY2005 | 31 Dec 2005 | 1.33 | 15.01B | 11.29B |
| Q3 FY2005 | 30 Sept 2005 | 1.35 | 14.63B | 10.82B |
| Q2 FY2005 | 30 Jun 2005 | 1.40 | 14.79B | 10.55B |
| Q1 FY2005 | 31 Mar 2005 | 1.39 | 14.46B | 10.41B |
| Q4 FY2004 | 31 Dec 2004 | 1.28 | 13.86B | 10.84B |
| Q3 FY2004 | 30 Sept 2004 | 1.31 | 13.52B | 10.30B |
| Q2 FY2004 | 30 Jun 2004 | 1.40 | 13.90B | 9.92B |
| Q1 FY2004 | 31 Mar 2004 | 1.41 | 13.82B | 9.78B |
| Q4 FY2003 | 31 Dec 2003 | 1.14 | 11.47B | 10.07B |
| Q3 FY2003 | 30 Sept 2003 | 1.18 | 11.42B | 9.68B |
| Q2 FY2003 | 30 Jun 2003 | 1.27 | 11.67B | 9.22B |
| Q1 FY2003 | 31 Mar 2003 | 1.32 | 11.69B | 8.87B |
| Q4 FY2002 | 31 Dec 2002 | 1.26 | 11.37B | 9.01B |
| Q3 FY2002 | 30 Sept 2002 | 1.27 | 11.07B | 8.72B |
| Q2 FY2002 | 30 Jun 2002 | 1.37 | 11.32B | 8.29B |
| Q1 FY2002 | 31 Mar 2002 | 1.36 | 11.02B | 8.11B |
| Q4 FY2001 | 31 Dec 2001 | 1.27 | 10.63B | 8.35B |
| Q3 FY2001 | 30 Sept 2001 | 1.30 | 10.35B | 7.97B |
| Q2 FY2001 | 30 Jun 2001 | 1.41 | 10.60B | 7.54B |
| Q1 FY2001 | 31 Mar 2001 | 0.95 | 10.04B | 10.56B |
| Q4 FY2000 | 31 Dec 2000 | 0.87 | 9.59B | 11.06B |
| Q3 FY2000 | 30 Sept 2000 | 1.90 | 17.81B | 9.38B |
| Q2 FY2000 | 30 Jun 2000 | 1.97 | 17.53B | 8.92B |
| Q1 FY2000 | 31 Mar 2000 | 1.93 | 17.05B | 8.81B |
| Q4 FY1999 | 31 Dec 1999 | 1.00 | 9.54B | 9.57B |
| Q3 FY1999 | 30 Sept 1999 | 1.61 | 15.37B | 9.53B |
| Q2 FY1999 | 30 Jun 1999 | 1.62 | 15.41B | 9.52B |
| Q1 FY1999 | 31 Mar 1999 | 1.39 | 13.45B | 9.70B |
| Q4 FY1998 | 31 Dec 1998 | 1.36 | 13.83B | 10.17B |
| Q3 FY1998 | 30 Sept 1998 | 1.30 | 13.22B | 10.15B |
| Q2 FY1998 | 30 Jun 1998 | 1.36 | 13.34B | 9.80B |
| Q1 FY1998 | 31 Mar 1998 | 1.36 | 13.30B | 9.74B |
| Q4 FY1997 | 31 Dec 1997 | 1.29 | 13.12B | 10.14B |
| Q3 FY1997 | 30 Sept 1997 | 1.32 | 12.64B | 9.59B |
| Q2 FY1997 | 30 Jun 1997 | 1.29 | 12.07B | 9.34B |
| Q1 FY1997 | 31 Mar 1997 | 1.33 | 12.31B | 9.26B |
| Q4 FY1996 | 31 Dec 1996 | 0.94 | 9.61B | 10.20B |
| Q3 FY1996 | 30 Sept 1996 | 1.00 | 9.20B | 9.19B |
| Q2 FY1996 | 30 Jun 1996 | 1.13 | 10.07B | 8.94B |
| Q1 FY1996 | 31 Mar 1996 | 1.13 | 9.93B | 8.77B |
| Q4 FY1995 | 31 Dec 1995 | 1.03 | 10.45B | 10.10B |
| Q3 FY1995 | 30 Sept 1995 | 1.14 | 9.88B | 8.70B |
| Q2 FY1995 | 30 Jun 1995 | 0.97 | 8.18B | 8.44B |
| Q1 FY1995 | 31 Mar 1995 | 1.00 | 8.33B | 8.37B |
| Q4 FY1994 | 31 Dec 1994 | 0.92 | 8.80B | 9.52B |
| Q3 FY1994 | 30 Sept 1994 | 1.02 | 8.27B | 8.13B |
| Q2 FY1994 | 30 Jun 1994 | 1.12 | 8.75B | 7.82B |
| Q1 FY1994 | 31 Mar 1994 | 1.10 | 8.52B | 7.76B |
| Q4 FY1993 | 31 Dec 1993 | — | — | — |
| Q3 FY1993 | 30 Sept 1993 | 1.09 | 8.37B | 7.69B |
| Q2 FY1993 | 30 Jun 1993 | 1.18 | 8.73B | 7.40B |
| Q1 FY1993 | 31 Mar 1993 | — | — | — |
| Q4 FY1992 | 31 Dec 1992 | — | — | — |
| Q3 FY1992 | 30 Sept 1992 | — | — | — |
| Q2 FY1992 | 30 Jun 1992 | — | — | — |
| Q1 FY1992 | 31 Mar 1992 | — | — | — |
| Q4 FY1991 | 31 Dec 1991 | — | — | — |
| Q3 FY1991 | 30 Sept 1991 | — | — | — |
| Q2 FY1991 | 30 Jun 1991 | — | — | — |
| Q1 FY1991 | 31 Mar 1991 | — | — | — |
| Q4 FY1990 | 31 Dec 1990 | — | — | — |
| Q3 FY1990 | 30 Sept 1990 | — | — | — |
| Q2 FY1990 | 30 Jun 1990 | — | — | — |
| Q1 FY1990 | 31 Mar 1990 | — | — | — |
| Q4 FY1989 | 31 Dec 1989 | — | — | — |
| Q3 FY1989 | 30 Sept 1989 | — | — | — |
| Q2 FY1989 | 30 Jun 1989 | — | — | — |
| Q1 FY1989 | 31 Mar 1989 | — | — | — |
| Q4 FY1988 | 31 Dec 1988 | — | — | — |
| Q3 FY1988 | 30 Sept 1988 | — | — | — |
| Q2 FY1988 | 30 Jun 1988 | — | — | — |
| Q1 FY1988 | 31 Mar 1988 | — | — | — |
| Q4 FY1987 | 31 Dec 1987 | — | — | — |
| Q3 FY1987 | 30 Sept 1987 | — | — | — |
| Q2 FY1987 | 30 Jun 1987 | — | — | — |
| Q1 FY1987 | 31 Mar 1987 | — | — | — |
| Q4 FY1986 | 31 Dec 1986 | — | — | — |
| Q3 FY1986 | 30 Sept 1986 | — | — | — |
| Q2 FY1986 | 30 Jun 1986 | — | — | — |
| Q1 FY1986 | 31 Mar 1986 | — | — | — |
| Q4 FY1985 | 31 Dec 1985 | — | — | — |
| Q3 FY1985 | 30 Sept 1985 | — | — | — |
Figures in USD. A quarter's revenue, net income and dividends are those of its last four quarters.
See also:P/E ratio,Market cap,P/S ratio,Dividend yield,ROE (return on equity),Current ratio,All ratios
Common questions about Southern Company (The)'s debt to equity
Source: Financial Modeling PrepVerified against SEC filings