Southern annual capital expenditures (capex)
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Southern Capital Expenditures (CapEx) Growth & History (SO)
Southern's capital expenditures (capex) was $12.74B for fiscal 2025.
View full Southern company overviewSouthern annual capital expenditures (capex) history
| Fiscal year | Period ended | Capital expenditures (CapEx) | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | $12.74B | $3.78B | +42.23% |
| 2024 | 2024-12-31 | $8.96B | −$140.0M | −1.54% |
| 2023 | 2023-12-31 | $9.10B | $1.17B | +14.79% |
| 2022 | 2022-12-31 | $7.92B | $337.0M | +4.44% |
| 2021 | 2021-12-31 | $7.59B | $64.0M | +0.85% |
| 2020 | 2020-12-31 | $7.52B | −$33.0M | −0.44% |
| 2019 | 2019-12-31 | $7.55B | −$446.0M | −5.57% |
| 2018 | 2018-12-31 | $8.00B | $578.0M | +7.79% |
| 2017 | 2017-12-31 | $7.42B | $113.0M | +1.55% |
| 2016 | 2016-12-31 | $7.31B | $1.64B | +28.83% |
| 2015 | 2015-12-31 | $5.67B | $428.0M | +8.16% |
| 2014 | 2014-12-31 | $5.25B | −$85.0M | −1.59% |
| 2013 | 2013-12-31 | $5.33B | $522.0M | +10.85% |
| 2012 | 2012-12-31 | $4.81B | $284.0M | +6.28% |
| 2011 | 2011-12-31 | $4.53B | $439.0M | +10.74% |
| 2010 | 2010-12-31 | $4.09B | −$584.0M | −12.51% |
| 2009 | 2009-12-31 | $4.67B | $709.0M | +17.90% |
| 2008 | 2008-12-31 | $3.96B | $415.0M | +11.70% |
| 2007 | 2007-12-31 | $3.55B | — | — |
Southern quarterly capital expenditures (capex)
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Q2.26
| Fiscal quarter | Period ended | Capital expenditures (CapEx) | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | $3.69B | $895.0M | +31.96% |
| Q1 2026 | 2026-03-31 | $2.94B | $507.0M | +20.80% |
| Q4 2025 | 2025-12-31 | $4.29B | $1.54B | +55.87% |
| Q3 2025 | 2025-09-30 | $3.21B | $904.0M | +39.12% |
| Q2 2025 | 2025-06-30 | $2.80B | $675.0M | +31.76% |
| Q1 2025 | 2025-03-31 | $2.44B | $667.0M | +37.68% |
| Q4 2024 | 2024-12-31 | $2.75B | $215.0M | +8.48% |
| Q3 2024 | 2024-09-30 | $2.31B | −$352.0M | −13.22% |
| Q2 2024 | 2024-06-30 | $2.13B | $77.0M | +3.76% |
| Q1 2024 | 2024-03-31 | $1.77B | −$80.0M | −4.32% |
| Q4 2023 | 2023-12-31 | $2.53B | $113.0M | +4.67% |
| Q3 2023 | 2023-09-30 | $2.66B | $374.0M | +16.34% |
| Q2 2023 | 2023-06-30 | $2.05B | $254.0M | +14.16% |
| Q1 2023 | 2023-03-31 | $1.85B | $431.0M | +30.37% |
| Q4 2022 | 2022-12-31 | $2.42B | $57.0M | +2.41% |
| Q3 2022 | 2022-09-30 | $2.29B | $451.0M | +24.54% |
| Q2 2022 | 2022-06-30 | $1.79B | $88.0M | +5.16% |
| Q1 2022 | 2022-03-31 | $1.42B | −$259.0M | −15.44% |
| Q4 2021 | 2021-12-31 | $2.36B | $207.0M | +9.60% |
| Q3 2021 | 2021-09-30 | $1.84B | −$325.0M | −15.03% |
| Q2 2021 | 2021-06-30 | $1.71B | $64.0M | +3.90% |
| Q1 2021 | 2021-03-31 | $1.68B | $118.0M | +7.56% |
| Q4 2020 | 2020-12-31 | $2.16B | $19.0M | +0.89% |
| Q3 2020 | 2020-09-30 | $2.16B | $230.0M | +11.90% |
| Q2 2020 | 2020-06-30 | $1.64B | −$164.0M | −9.08% |
| Q1 2020 | 2020-03-31 | $1.56B | −$118.0M | −7.03% |
| Q4 2019 | 2019-12-31 | $2.14B | −$70.0M | −3.17% |
| Q3 2019 | 2019-09-30 | $1.93B | −$32.0M | −1.63% |
| Q2 2019 | 2019-06-30 | $1.81B | −$241.0M | −11.77% |
| Q1 2019 | 2019-03-31 | $1.68B | −$103.0M | −5.78% |
| Q4 2018 | 2018-12-31 | $2.21B | $27.0M | +1.24% |
| Q3 2018 | 2018-09-30 | $1.97B | $121.0M | +6.56% |
| Q2 2018 | 2018-06-30 | $2.05B | $137.0M | +7.17% |
| Q1 2018 | 2018-03-31 | $1.78B | $293.0M | +19.69% |
| Q4 2017 | 2017-12-31 | $2.18B | $123.0M | +5.98% |
| Q3 2017 | 2017-09-30 | $1.84B | $78.0M | +4.42% |
| Q2 2017 | 2017-06-30 | $1.91B | $296.0M | +18.34% |
| Q1 2017 | 2017-03-31 | $1.49B | −$384.0M | −20.51% |
| Q4 2016 | 2016-12-31 | $2.06B | −$126.0M | −5.77% |
| Q3 2016 | 2016-09-30 | $1.77B | $515.0M | +41.17% |
| Q2 2016 | 2016-06-30 | $1.61B | $466.0M | +40.59% |
| Q1 2016 | 2016-03-31 | $1.87B | $781.0M | +71.59% |
| Q4 2015 | 2015-12-31 | $2.18B | — | — |
| Q3 2015 | 2015-09-30 | $1.25B | — | — |
| Q2 2015 | 2015-06-30 | $1.15B | — | — |
| Q1 2015 | 2015-03-31 | $1.09B | −$89.0M | −7.54% |
| Q1 2014 | 2014-03-31 | $1.18B | −$17.0M | −1.42% |
| Q1 2013 | 2013-03-31 | $1.20B | −$34.0M | −2.76% |
| Q4 2012 | 2012-12-31 | $1.25B | −$159.0M | −11.28% |
| Q3 2012 | 2012-09-30 | $1.20B | $213.0M | +21.54% |
| Q2 2012 | 2012-06-30 | $1.13B | $85.0M | +8.17% |
| Q1 2012 | 2012-03-31 | $1.23B | $145.0M | +13.35% |
| Q4 2011 | 2011-12-31 | $1.41B | $218.0M | +18.29% |
| Q3 2011 | 2011-09-30 | $989.0M | $31.0M | +3.24% |
| Q2 2011 | 2011-06-30 | $1.04B | $158.0M | +17.91% |
| Q1 2011 | 2011-03-31 | $1.09B | $32.0M | +3.04% |
| Q4 2010 | 2010-12-31 | $1.19B | −$299.0M | −20.05% |
| Q3 2010 | 2010-09-30 | $958.0M | −$28.1M | −2.84% |
| Q2 2010 | 2010-06-30 | $882.0M | −$174.7M | −16.54% |
| Q1 2010 | 2010-03-31 | $1.05B | −$82.2M | −7.24% |
| Q4 2009 | 2009-12-31 | $1.49B | — | — |
| Q3 2009 | 2009-09-30 | $986.0M | $109.1M | +12.44% |
| Q2 2009 | 2009-06-30 | $1.06B | — | — |
| Q1 2009 | 2009-03-31 | $1.14B | — | — |
| Q3 2008 | 2008-09-30 | $876.9M | — | — |
Southern capital expenditures (capex) trends
Over the last five fiscal years, Southern's capital expenditures (capex) increased from $7.52B to $12.74B, a change of $5.21B. The latest reported quarter, Q2 2026, shows $3.69B.
About the metric
What capital expenditures (CapEx) mean
Capital expenditures, commonly called CapEx, are cash investments in long-lived assets such as property, plants, equipment, infrastructure, and productive software. CapEx can support future growth or maintain existing operations, but it reduces current-period free cash flow.
Calculation and source
SEC-reported capital expenditures
TickerStat standardizes cash payments for property, plant, equipment, and other productive assets reported in company SEC filings. When a filer reports separate qualifying CapEx components instead of a total, those components are combined for the same fiscal period. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review Southern source filings ↗