The Southern revenue and financials
Secondary listing. The primary listing is The Southern · NYSE (USD)
$45.65Change from previous close: +1.11%Absolute change: +$0.50
In the fiscal year ended December 2025, The Southern reported revenue of $29.55B (+10.59% year over year). Net income was $4.34B, a net margin of 14.7%.
Fiscal year ending in December. Sources and method on the page Methodology and sources.
At a glance
- Revenue growth
- +10.59%
- 2025 vs 2024
- Net income growth
- −1.36%
- 2025 vs 2024
- Net margin
- 14.7%
- 2024: 16.5%
Financial data
Amounts in millions of USD; per-share values in USD; shares in millions.
| Item | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | 155,720 | 145,180 | 139,331 | 134,891 | 127,534 | 122,935 | 118,700 | 116,914 | 111,005 | 109,697 |
| Current assets | 10,917 | 10,694 | 10,432 | 10,416 | 8,965 | 8,617 | 9,817 | 9,583 | 10,072 | 9,722 |
| Cash and equivalents | 1,639 | 1,070 | 748 | 1,917 | 1,798 | 1,065 | 1,975 | 1,396 | 2,130 | 1,975 |
| Receivables | 4,069 | 4,289 | 3,963 | 3,716 | — | — | — | — | — | — |
| Inventory | 3,333 | 3,369 | 3,352 | 2,677 | — | — | — | — | — | — |
| Net property, plant and equipment | 115,544 | 105,870 | 101,083 | 95,860 | 92,638 | — | — | — | — | — |
| Goodwill | 5,161 | 5,161 | 5,161 | 5,161 | 5,280 | 5,280 | 5,280 | 5,315 | 6,268 | 6,251 |
| Other intangible assets | 300 | 332 | 368 | 406 | — | — | — | — | — | — |
| Long-term investments | 4,265 | 4,037 | 3,792 | 3,588 | — | — | — | — | — | — |
| Current liabilities | 16,888 | 15,993 | 13,467 | 15,724 | 10,921 | 12,079 | 12,546 | 14,286 | 13,594 | 12,917 |
| Accounts payable | 3,710 | 3,701 | 2,898 | 3,525 | — | — | — | — | — | — |
| Long-term debt | 65,649 | 58,768 | 57,210 | 50,656 | 50,120 | 45,073 | 41,798 | 40,736 | 44,462 | 42,629 |
| Total debt | 74,075 | 66,277 | 63,490 | 59,135 | — | — | — | — | — | — |
| Total liabilities | 116,853 | 108,506 | 104,106 | 100,359 | 94,967 | 90,410 | 86,650 | 87,584 | 85,153 | 82,803 |
| Total equity (incl. minority) | 38,867 | 36,674 | 35,225 | 34,532 | 32,567 | — | — | — | — | — |
| Retained earnings | 14,856 | 13,750 | 12,482 | 11,538 | 10,929 | — | — | — | — | — |
| Minority interest | 2,851 | 3,466 | 3,781 | 4,124 | 4,693 | — | — | — | — | — |
