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Southern Company Valuation Multiples
Discover revenue and EBITDA valuation multiples for Southern Company and similar public comparables like Constellation Energy, Enel, Duke Energy, National Grid and more.
Southern Company Overview
About Southern Company
Southern is one of the largest utilities in the US. The company serves 9 million customers with vertically integrated electric utilities in three states and natural gas distribution utilities in four states. It owns 44 gigawatts of rate-regulated generating capacity, primarily for serving customers in Georgia, Alabama, and Mississippi. Subsidiary Southern Power owns 13 gigawatts of natural gas generation and renewable energy across the US and sells the electricity primarily under long-term contracts.
Founded
1945
HQ

Employees
29.8K
Website
Sectors
Financials (LTM)
EV
$179B
Southern Company Financials
Southern Company reported last 12-month revenue of $30B and EBITDA of $13B.
In the same LTM period, Southern Company generated $22B in gross profit, $13B in EBITDA, and $5B in net income.
Revenue (LTM)
Southern Company P&L
In the most recent fiscal year, Southern Company reported revenue of $30B and EBITDA of $14B.
Southern Company expects next 12-month revenue of XXX and NTM EBITDA of XXX
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Revenue | $30B | XXX | $30B | XXX | XXX | XXX |
| Gross Profit | $22B | XXX | $14B | XXX | XXX | XXX |
| Gross Margin | 74% | XXX | 48% | XXX | XXX | XXX |
| EBITDA | $13B | XXX | $14B | XXX | XXX | XXX |
| EBITDA Margin | 45% | XXX | 48% | XXX | XXX | XXX |
| EBIT Margin | 26% | XXX | 25% | XXX | XXX | XXX |
| Net Profit | $5B | XXX | $5B | XXX | XXX | XXX |
| Net Margin | 16% | XXX | 16% | XXX | XXX | XXX |
| Net Debt | — | — | $71B | XXX | XXX | XXX |
Financial data powered by Morningstar, Inc.
Southern Company Stock Performance
Southern Company has current market cap of $107B, and enterprise value of $179B.
Market Cap Evolution
Southern Company's stock price is $94.51.
| EV | Market Cap | Price 1D | Price 1M | Price 3M | Price 12M | EPS |
|---|---|---|---|---|---|---|
| $179B | $107B | 0.0% | XXX | XXX | XXX | $4.21 |
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Start Free TrialSouthern Company Valuation Multiples
Southern Company trades at 6.0x EV/Revenue multiple, and 13.3x EV/EBITDA.
EV / Revenue (LTM)
Southern Company Financial Valuation Multiples
As of April 20, 2026, Southern Company has market cap of $107B and EV of $179B.
Equity research analysts estimate Southern Company's 2025E EV/Revenue multiple at XXX and 2025E EV/EBITDA multiple at XXX
Southern Company has a P/E ratio of 22.0x.
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Market cap (current) | $107B | XXX | $107B | XXX | XXX | XXX |
| EV (current) | $179B | XXX | $179B | XXX | XXX | XXX |
| EV/Revenue | 6.0x | XXX | 6.1x | XXX | XXX | XXX |
| EV/EBITDA | 13.3x | XXX | 12.5x | XXX | XXX | XXX |
| EV/EBIT | 23.1x | XXX | 24.1x | XXX | XXX | XXX |
| EV/Gross Profit | 8.1x | XXX | 12.5x | XXX | XXX | XXX |
| P/E | 22.0x | XXX | 22.4x | XXX | XXX | XXX |
| EV/FCF | (106.2x) | XXX | (215.0x) | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc. and Morningstar, Inc.
Verified Southern Company Valuation Multiples
Access all public comps and forward-looking valuation multiples like EV/Revenue in 2027, based on consensus analyst estimates. Powered by FactSet and Morningstar.


Southern Company Margins & Growth Rates
Southern Company's revenue in the last 12 month grew by 4%.
Southern Company's revenue per employee in the last FY averaged $1.0M, while opex per employee averaged $0.2M for the same period.
Southern Company's rule of 40 is 50% (metric relevant for SaaS companies only, counted as combined revenue growth rate and EBITDA margin).
Southern Company's rule of X is 56% (created by Bessemer, rule of X is another metric to measure SaaS companies, ~1.5x stronger vs. the traditional Rule of 40, counted as revenue growth rate multiplied by 2.5 plus EBITDA margin).
Southern Company Operational Valuation Multiples
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Revenue Growth | 4% | XXX | 4% | XXX | XXX | XXX |
| EBITDA Margin | 45% | XXX | 48% | XXX | XXX | XXX |
| EBITDA Growth | 9% | XXX | 0% | XXX | XXX | XXX |
| Rule of 40 | — | XXX | 50% | XXX | XXX | XXX |
| Bessemer Rule of X | — | XXX | 56% | XXX | XXX | XXX |
| Revenue per Employee | — | XXX | $1.0M | XXX | XXX | XXX |
| Opex per Employee | — | XXX | $0.2M | XXX | XXX | XXX |
| Opex to Revenue | — | XXX | 24% | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc. and Morningstar, Inc.
Southern Company Public Comps
See public comps and valuation multiples for other Utilities comps.
| EV/Revenue | EV/EBITDA | |||||
|---|---|---|---|---|---|---|
| LTM | 2026E | 2027E | LTM | 2026E | 2027E | |
| Southern Company | XXX | XXX | XXX | XXX | XXX | XXX |
| Constellation Energy | XXX | XXX | XXX | XXX | XXX | XXX |
| Enel | XXX | XXX | XXX | XXX | XXX | XXX |
| Duke Energy | XXX | XXX | XXX | XXX | XXX | XXX |
| National Grid | XXX | XXX | XXX | XXX | XXX | XXX |
| Engie | XXX | XXX | XXX | XXX | XXX | XXX |
| XXXXXXXX | XXX | XXX | XXX | XXX | XXX | XXX |
| XXXXXXXX | XXX | XXX | XXX | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc.
Southern Company M&A Activity
Southern Company acquired XXX companies to date.
Last acquisition by Southern Company was on XXXXXXXX, XXXXX. Southern Company acquired XXXXXXXX for XXX (EV/Revenue multiple of XXX).
Latest Acquisitions by Southern Company
| Acquired Company | Valuation | EV/Revenue | EV/EBITDA |
|---|---|---|---|
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
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Start Free TrialSouthern Company Investment Activity
Southern Company invested in XXX companies to date.
Southern Company made its latest investment on XXXXXXXX, XXXXX. Southern Company invested in XXXXXXXX for XXX (EV/Revenue multiple of XXX).
Latest Investments by Southern Company
| Company | Valuation | EV/Revenue | EV/EBITDA |
|---|---|---|---|
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
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Start Free TrialAbout Southern Company
| When was Southern Company founded? | Southern Company was founded in 1945. |
| Where is Southern Company headquartered? | Southern Company is headquartered in United States. |
| How many employees does Southern Company have? | As of today, Southern Company has over 29K employees. |
| Who is the CEO of Southern Company? | Southern Company's CEO is Christopher C. Womack. |
| Is Southern Company publicly listed? | Yes, Southern Company is a public company listed on NYSE. |
| What is the stock symbol of Southern Company? | Southern Company trades under SO ticker. |
| When did Southern Company go public? | Southern Company went public in 1949. |
| Who are competitors of Southern Company? | Southern Company main competitors are Constellation Energy, Enel, Duke Energy, National Grid. |
| What is the current market cap of Southern Company? | Southern Company's current market cap is $107B. |
| What is the current revenue of Southern Company? | Southern Company's last 12 months revenue is $30B. |
| What is the current revenue growth of Southern Company? | Southern Company revenue growth (NTM/LTM) is 4%. |
| What is the current EV/Revenue multiple of Southern Company? | Current revenue multiple of Southern Company is 6.0x. |
| Is Southern Company profitable? | Yes, Southern Company is EBITDA-positive (as of the last 12 months). |
| What is the current EBITDA of Southern Company? | Southern Company's last 12 months EBITDA is $13B. |
| What is Southern Company's EBITDA margin? | Southern Company's last 12 months EBITDA margin is 45%. |
| What is the current EV/EBITDA multiple of Southern Company? | Current EBITDA multiple of Southern Company is 13.3x. |
| What is the current FCF of Southern Company? | Southern Company's last 12 months FCF is ($2B). |
| What is Southern Company's FCF margin? | Southern Company's last 12 months FCF margin is (6%). |
| What is the current EV/FCF multiple of Southern Company? | Current FCF multiple of Southern Company is (106.2x). |
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