Southern Co (WBO:SOUT) ROCE %: 6.73% (As of Mar. 2026)


WBO:SOUT Southern Co WBO:SOUT
60 GF Score
Price €83.16
GF Value €82.47
Valuation Fairly Valued
! 12 Warning Signs
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What is Southern Co ROCE %?

Southern Co WBO:SOUT +1.49% 60 ROCE % is 6.73% as of Mar. 2026. GuruFocus rates WBO:SOUT with a GF Score™ of 60/100 and a GF Value™ of €82.47 (Fairly Valued). The stock has 12 warning signs investors should review.

ROCE % measures how well a company generates profits from its capital. It is calculated as EBIT divided by Capital Employed, where Capital Employed is calculated as Total Assets minus Total Current Liabilities. Southern Co's annualized ROCE % for the quarter that ended in Mar. 2026 was 6.73%.

Southern Co  (WBO:SOUT) ROCE % Explanation

ROCE % can be especially useful when comparing the performance of capital-intensive companies. Unlike ROE %, which indicates the profitability of Shareholders Equity, ROCE % also considers long-term debt in Capital Employed. This can be helpful when analyzing companies with significant debt, as the result is neutralized by taking debt into consideration.

Generally speaking, a higher ROCE % indicates a stonger profitability for a company. Moreover, it is important to look at the ratio from a long term perspective. Investors tend to favor companies with stable and rising ROCE % trend over those with volatile ones.

Southern Co ROCE % Related Terms

Southern Co ROCE % Historical Data

* Premium members only.

The historical data trend for Southern Co's ROCE % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Southern Co ROCE % Chart

Southern Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.02 5.47 5.46 6.38 5.82

Southern Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
ROCE % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 6.77 5.81 8.39 3.17 6.73
WBO:SOUT
60GF Score
Southern Co WBO:SOUT
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Southern Co ROCE % Calculation

Southern Co's annualized ROCE % for the fiscal year that ended in Dec. 2025 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=7034.398/( ( (138646.9 - 15273.315) + (132984.88 - 14422.352) )/ 2 )
=7034.398/( (123373.585+118562.528)/ 2 )
=7034.398/120968.0565
=5.82 %

Southern Co's ROCE % of for the quarter that ended in Mar. 2026 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=8110.24/( ( (132984.88 - 14422.352) + (135831.815 - 13250.07) )/ 2 )
=8110.24/( ( 118562.528 + 122581.745 )/ 2 )
=8110.24/120572.1365
=6.73 %

(1) Note: The EBIT data used here is four times the quarterly (Mar. 2026) EBIT data.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about ROCE % →
What does a ROCE % of 6.73% mean?
Southern Co (WBO:SOUT) has a ROCE % of 6.73% as of Mar. 2026.
Is Southern Co's ROCE % too high?
Southern Co's current ROCE % is 6.73%. The Utilities - Regulated industry median ROCE % is 6.95. Southern Co's value of 6.73% is 3.2% below this industry median. Overall, Southern Co has a GF Score™ of 60/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Southern Co's ROCE % compare to DUK and AEP?
Southern Co's ROCE % of 6.73% can be compared against companies in the Utilities - Regulated industry. The industry median ROCE % is 6.95. Southern Co's value of 6.73% is 3.2% below this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROCE % for an Utilities - Regulated company?
The median ROCE % among Utilities - Regulated companies is 6.95, based on 505 companies in the industry. Companies in the top quartile (top 25%) have a ROCE % significantly above this median, while those in the bottom quartile fall well below. However, ROCE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Southern Co's current ROCE % of 6.73% is 3.2% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high ROCE % mean?
A high ROCE % can signal that a stock is expensive relative to its fundamentals. For the Utilities - Regulated industry, the median ROCE % is 6.95 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Southern Co's current ROCE % is 6.73%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Southern Co stock overvalued right now?
Based on GuruFocus' analysis, Southern Co (WBO:SOUT) is currently considered Fairly Valued. The stock's GF Value™ is €82.47, compared to a current price of €83.16 — trading 0.8% above its estimated fair value. The current ROCE % is 6.73% and 3.2% below the Utilities - Regulated industry median of 6.95. Southern Co's overall GF Score™ is 60/100 with 12 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROCE % calculated?
ROCE % is calculated from a company's financial statements. For Southern Co (WBO:SOUT), the current ROCE % is 6.73% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Southern Co (WBO:SOUT) Overvalued in 2026?

Based on GuruFocus' analysis, Southern Co stock appears to be overvalued. The current stock price of €83.16 is trading 0.8% above its estimated GF Value™ of €82.47. GuruFocus considers Southern Co to be Fairly Valued.

Key valuation signals for WBO:SOUT:

  • ROCE %: 6.73%
  • GF Value™: €82.47 vs. price of €83.16 (0.8% above fair value)
  • GF Score™: 60/100 with 12 warning signs
  • Industry Position: 3.2% below the Utilities - Regulated median

No single metric tells the full story. See the WBO:SOUT stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Southern Co Business Description

Address 30 Ivan Allen Jr. Boulevard, Northwest, Atlanta, GA, USA, 30308
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 46 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.
60GF Score

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ROCE % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€83.16
Price
€82.47
GF Value