Company / Capital Expenditures
Southern Company Capital Expenditures History
FY2016-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Capital Expenditures
$12.7B
FY2025
5-year range
$7.6B / $12.7B
FY2021-FY2025
Trend
+42.2%
vs FY2024
Sector context
#3 of 60
Utilities
What the data says
Among 60 Utilities companies, Southern Company is in the top 5% for capital expenditures. Capital Expenditures has fluctuated over the past 10 years, ranging from $7.3B in FY2016 to $12.7B in FY2025.
Based on SEC 10-K filings.
$12.7B in FY2025 with a 5-year CAGR of +11.1%. Ranks 3rd among 60 companies in Utilities.
Improved from $9.1B to $12.7B over the past 2 years.
Utilities sector context is included.
Capital Expenditures over time
Growth rates
- 3-Year CAGR
- +17.1%
- 5-Year CAGR
- +11.1%
- 10-Year CAGR
- -
Sector benchmark
Top 5% in UtilitiesTop 5% of 60This company $12.7B Sector average $3.1B
▼
+304.9% above sector average
Key checks
Key Insights
- 5-year CAGR of +11.1%, indicating consistent growth.
- In FY2025, capital expenditures increased 42.2% year-over-year.
- Ranks #3 out of 60 companies in the Utilities sector.
- Lowest capital expenditures in the period was in FY2016.
Company context
Key Data Points
- Altman Z-Score 0.51 (distress zone, below 1.8 threshold)
- High earnings quality (cash-backed earnings)
Data sourced from SEC EDGAR filings. Not investment advice.
Annual data
| Year | Capital ExpendituresValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | $12.7B | +42.2% |
| FY2024 | $9.0B | -1.5% |
| FY2023 | $9.1B | +14.8% |
| FY2022 | $7.9B | +4.4% |
| FY2021 | $7.6B | +0.9% |
| FY2020 | $7.5B | -0.4% |
| FY2019 | $7.6B | -5.6% |
| FY2018 | $8.0B | +7.8% |
| FY2017 | $7.4B | +1.5% |
| FY2016 | $7.3B | +28.8% |
As of FY2025 · SEC 10-K · Updated Mar 14, 2026