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ETF
Annual · values202520242023202220212020201920182017201620152014
Operating Cash Flow9.80 B USD9.79 B USD7.55 B USD6.30 B USD6.17 B USD6.70 B USD5.78 B USD6.95 B USD6.39 B USD4.89 B USD6.27 B USD5.82 B USD
Depreciation & Amortization6.03 B USD5.27 B USD4.99 B USD4.06 B USD3.97 B USD3.90 B USD3.33 B USD3.55 B USD3.46 B USD2.92 B USD2.40 B USD2.29 B USD
Stock-Based Compensation
Capital Expenditures12.74 B USD8.96 B USD9.10 B USD7.92 B USD7.24 B USD7.44 B USD7.55 B USD8.00 B USD7.42 B USD7.31 B USD5.67 B USD5.98 B USD
Cash Flow from Investing-13.96 B USD-9.40 B USD-9.67 B USD-8.43 B USD-7.35 B USD-7.03 B USD-3.39 B USD-5.76 B USD-7.19 B USD-20.05 B USD-7.28 B USD-6.41 B USD
Cash Flow from Financing4.70 B USD-208.00 M USD999.00 M USD2.34 B USD1.95 B USD-576.00 M USD-1.93 B USD-1.81 B USD951.00 M USD15.72 B USD1.70 B USD644.00 M USD
Dividends Paid3.02 B USD2.95 B USD3.04 B USD2.91 B USD2.78 B USD2.69 B USD2.57 B USD2.42 B USD2.30 B USD2.10 B USD1.96 B USD1.87 B USD
Stock Buybacks0 USD0 USD115.00 M USD5.00 M USD
Free Cash Flow-2.94 B USD833.00 M USD-1.54 B USD-1.62 B USD-1.07 B USD-745.00 M USD-1.77 B USD-1.06 B USD-1.03 B USD-2.42 B USD600.00 M USD-162.00 M USD

The Southern Company is a leading U.S. energy holding company that focuses on the generation, transmission, and distribution of electricity and natural gas. Headquartered in Atlanta, Georgia, it operates through vertically integrated electric utilities, a wholesale energy business, and regulated natural gas distribution utilities. The company serves residential, commercial, industrial, and governmental customers across multiple states, providing power through a diverse mix of energy sources, including natural gas, nuclear, coal, and renewables such as solar and wind. Southern Company’s regulated utilities manage extensive transmission and distribution networks, ensuring reliable delivery of energy to end users. Its wholesale subsidiary develops and owns generation assets and sells electricity primarily under long-term contracts, supporting grid stability and regional energy needs. The natural gas segment handles distribution, storage, and related services for retail customers. Within the utilities sector, Southern Company plays a significant role in maintaining essential energy infrastructure and supporting economic activity in the regions it serves. Founded in 1945, it remains a central participant in the U.S. regulated utilities market.