SOUTHERN CO

Quality scores

Data as of Sep 5, 2026

2 / 9

Weak

2/9 — WEAK fundamentals (a sign of low quality).

PassROA > 0 — ROA last year = 2.79 %
FailFCF > 0 — FCF last year = -2,935.00 mill.
FailFCF > net income (accrual quality) — FCF -2,935.00 vs. net income 4,341.00 (mill.)
FailRising ROA — ROA 2.79 % vs. prior year 3.03 %

FailLower long-term leverage — long-term debt/assets 0.42 vs. prior 0.40
FailRising current ratio (more liquidity) — Current ratio 0.65 vs. prior 0.67
FailNo dilution (shares do not grow) — Shares 1,100.00 mill. vs. prior 1,099.00 mill.

Z-Score (original)

0.95

Distress zone

Z''-Score (non-manufacturing)

3.95

Safe zone

Ratio	Value
X1 — Working capital / Total assets	-0.04
X2 — Retained earnings / Total assets	0.10
X3 — EBIT / Total assets	0.05
X4 — Market cap / Total liabilities	0.87
X4 — Book equity / Total liabilities	0.31
X5 — Sales / Total assets	0.19