The Southern revenue and financials
Secondary listing. The primary listing is The Southern · NYSE (USD)
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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 | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | 162,027 | 157,031 | 155,720 | 153,248 | 148,853 | 148,109 | 145,180 | 143,956 | 141,937 | 140,120 | 139,331 | 138,321 |
| Current assets | 12,378 | 9,961 | 10,917 | 12,627 | 10,801 | 11,817 | 10,694 | 11,040 | 10,993 | 10,543 | 10,432 | 11,088 |
| Cash and equivalents | 2,984 | 981 | 1,639 | 3,341 | 1,264 | 2,327 | 1,070 | 1,018 | 1,152 | 713 | 748 | 1,676 |
| Receivables | 3,948 | 3,873 | 4,069 | 3,903 | 4,350 | — | — | — | — | — | — | — |
| Inventory | 3,306 | 3,169 | 3,333 | 3,255 | 3,075 | — | — | — | — | — | — | — |
| Net property, plant and equipment | 119,513 | 117,239 | 115,544 | 112,040 | 109,338 | 107,555 | 105,870 | 104,083 | 103,154 | 101,662 | 101,083 | 99,510 |
| Goodwill | 5,161 | 5,161 | 5,161 | 5,161 | 5,161 | 5,161 | 5,161 | 5,161 | 5,161 | 5,161 | 5,161 | 5,161 |
| Other intangible assets | 287 | 294 | 300 | 308 | 316 | — | — | — | — | — | — | — |
| Long-term investments | 4,538 | 4,253 | 4,265 | 4,187 | 4,187 | — | — | — | — | — | — | — |
| Current liabilities | 15,734 | 15,318 | 16,888 | 16,726 | 14,570 | 13,770 | 15,993 | 12,165 | 12,028 | 11,458 | 13,467 | 13,214 |
| Accounts payable | 3,374 | 2,909 | 3,710 | 3,017 | 2,948 | — | — | — | — | — | — | — |
| Long-term debt | 68,756 | 67,148 | 65,649 | 64,621 | 62,983 | — | — | — | — | — | — | — |
| Total debt | 77,087 | 76,005 | 74,075 | 73,746 | 70,824 | — | — | — | — | — | — | — |
| Total liabilities | 119,685 | 117,119 | 116,853 | 114,974 | 111,511 | 110,886 | 108,506 | 107,051 | 105,826 | 104,506 | 104,106 | 103,017 |
| Total equity (incl. minority) | 42,342 | 39,912 | 38,867 | 38,274 | 37,342 | 37,223 | 36,674 | 36,905 | 36,111 | 35,614 | 35,225 | 35,304 |
| Retained earnings | 15,700 | 15,382 | 14,856 | 15,254 | 14,357 | 14,291 | 13,750 | 14,005 | 13,259 | 12,844 | 12,482 | 12,391 |
| Minority interest | 2,772 | 2,790 | 2,851 | 3,272 | 3,328 | 3,384 | 3,466 | 3,607 | 3,662 | 3,694 | 3,781 | 3,927 |