Southern Company Reports Strong Q4 2025 Earnings and Growth Outlook
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Feb 19 2026
0mins
Source: seekingalpha
- Strong Performance: Southern Company reported adjusted earnings per share of $4.30 for 2025, reaching the top of its guidance range and reflecting a 6% increase from the previous year, showcasing robust performance in its electric and gas service sectors.
- Significant Customer Growth: The company added 39,000 new residential electric customers and 25,000 new natural gas customers in 2025, while large data center customer usage grew by 17% year-over-year, indicating sustained market demand.
- Expanded Capital Investment Plan: Southern Company increased its capital investment plan to $81 billion over the next five years, representing a roughly 30% increase from a year ago, which will support long-term growth and infrastructure development in the energy sector.
- Optimistic Long-Term Outlook: Management projects retail electric sales to grow at least 3% in 2026 and raised its average annual electricity sales growth expectation to 10% through 2030, demonstrating confidence in future market conditions.
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Analyst Views on SO
Wall Street analysts forecast SO stock price to fall
17 Analyst Rating
4 Buy
11 Hold
2 Sell
Hold
Current: 97.250
Low
45.00
Averages
92.34
High
109.00
Current: 97.250
Low
45.00
Averages
92.34
High
109.00
About SO
The Southern Company is an energy provider. The Company owns three traditional electric operating companies, Southern Power Company and Southern Company Gas. The traditional electric operating companies-Alabama Power, Georgia Power and Mississippi Power-are operating public utility companies providing electric service to retail customers in three Southeastern states in addition to wholesale customers in the Southeast. The Southern Power Company develops, constructs, acquires, owns, and manages power generation assets, including renewable energy projects, and sells electricity at market-based rates in the wholesale market. The Southern Company Gas is an energy services holding company whose primary business is the distribution of natural gas in four states - Illinois, Georgia, Virginia, and Tennessee, through the natural gas distribution utilities. Southern Company Gas is also involved in several other businesses that are complementary to the distribution of natural gas.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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