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Southern Company

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Southern Company is one of the largest energy providers in the United States

Atlanta, United StatesFounded 1912Energy
Valuation $98B Market cap · 2026
Revenue $31B Latest reported FY
EBITDA $14B Latest reported FY

About Southern Company

Southern Company, accessible via southerncompany.com, is a prominent player in the energy sector, primarily serving the southeastern United States. The company is engaged in the generation, transmission, and distribution of electricity and natural gas. It caters to a diverse range of clients, including residential, commercial, and industrial customers, ensuring that homes, businesses, and factories have the energy they need to operate efficiently.

Operating in the utility market, Southern Company is a key provider of essential services, making it a critical component of the region's infrastructure. The company’s business model revolves around regulated utility operations, which means it operates under government regulations that allow it to earn a stable return on its investments. This model provides a predictable revenue stream, which is attractive to investors looking for steady income.

Southern Company generates revenue primarily through the sale of electricity and natural gas. It owns and operates a variety of power plants, including those powered by coal, natural gas, nuclear, and renewable energy sources like solar and wind. By diversifying its energy mix, the company aims to provide reliable service while also working towards sustainability goals.

The company also offers a direct stock purchase program, allowing investors to buy shares directly from the company without going through a broker. This program is part of Southern Company's broader strategy to maintain strong relationships with its investors and provide them with easy access to investment opportunities.

In summary, Southern Company is a major utility provider in the southeastern U.S., offering electricity and natural gas to a wide range of customers. It operates in a regulated market, ensuring stable revenue through its diverse energy portfolio and investor-friendly programs.

Source: Dealroom company data

At a glance

Status
Listed
Founded
1912
Headquarters
Atlanta, United States
Listing
IPO 1983
Employees
12,161
Open positions
174
Dealroom signal
37.6/100
Industry
Energy
Sector
Energy
Business model
Manufacturing
Client focus
b2b
Investment activity
7 companies, latest May 2024
Capital deployed
$56M
Preferred round
SEED

Funding history

7 recorded events

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
POST IPO DEBT✓Debt Sep 2026 $27B — US Department of Energy ↗
POST IPO CONVERTIBLE✓Other financing Aug 2026 $2.4B — Undisclosed ↗
Showing the latest 2 of 7 recorded eventsBook a demo for the full funding history →

Financials

Revenue, earnings and profit over time

Revenue, earnings and other financial measures where available. Years marked “E” are estimates.

YearRevenueGrowthEBITDAMarginProfitMargin
2026 $31B +4.6% $14B 45.6% $5B 16.3%
2025 $30B +10.6% $14B 47.1% $4.3B 14.7%
2024 $27B +5.8% $13B 48.7% $4.4B 16.5%
2023 $25B -13.8% $12B 45.6%
2022 $29B +26.7% $9.9B 33.7%
2021 $23B +13.4% $7.6B 32.9%
2020 $20B — $8.8B 43.3%
Company filings, research estimates and Dealroom dataBook a demo for the full financial model →

Growth signals

Southern Company website traffic

Latest recorded traffic for Southern Company is 4.1M monthly website visits. Southern Company's team grew 5.7% over the past year.

Latest monthly visits4.1M 1-year team growth+5.7%
Summary metrics are public; monthly history is available with a demoCompare with peers →

Investors

2 investors on the cap table

From Dealroom's funding and investor records, grouped by the round each investor first entered.

Series B and later2 investors entered at this stage

  • Assenagon
  • US Department of Energy
Team profiled 68 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators Hidden — book a demo quality score
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Global footprint

Workforce and web traffic by country
Workforce by country
🇺🇸 United States · Atlanta HQ
Book a demo for the full country breakdown

Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about Southern Company on X, ranked by likes and reposts, corporate channels excluded.

Reading the room on X — pulling top posts and synthesizing themes…

Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour

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