SOUTHERN CO

Annual Trend FY 2016 FY 2017 FY 2018 FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025 TTM
Total Revenue $19.9b
$23.0b +15.76%
$23.5b +2.01%
$21.4b -8.84%
$20.4b -4.87%
$23.1b +13.44%
$29.3b +26.68%
$25.3b -13.75%
$26.7b +5.83%
$29.6b +10.59%
$30.2b +2.12%
Other Cost of Operating Revenue $260.0m $513.0m
Revenue from Contract with Customer, Including Assessed Tax $23.5b $21.4b $21.1b $23.5b $25.9b $24.8b $26.8b $28.9b
Cost of sales $6.0b
$7.4b +23.28%
$8.0b +7.81%
$6.2b -22.14%
$5.1b -18.20%
$7.0b +37.49%
$11.8b +69.84%
$7.5b -37.00%
$6.8b -8.17%
$8.2b +19.29%
$15.6b +91.18%
Gross Profit $13.9b
$15.7b +12.52%
$15.5b -0.72%
$15.2b -2.03%
$15.3b +0.55%
$16.1b +5.48%
$17.5b +8.06%
$17.8b +2.01%
$19.9b +11.68%
$21.4b +7.59%
$14.6b -31.87%
Amortization of Intangible Assets $50.0m $124.0m $89.0m $61.0m $49.0m $44.0m $39.0m $38.0m $35.0m $32.0m
Operating Lease, Lease Income $273.0m $208.0m $223.0m $208.0m $164.0m $136.0m $145.0m
Operating expenses:
Total operating expenses $15.3b $20.5b $19.3b $13.7b $15.5b $19.4b $23.9b $19.4b $19.7b $22.3b $22.9b
Operating Income (Loss) $4.6b
$2.6b -44.89%
$4.2b +64.29%
$7.7b +84.59%
$4.9b -36.85%
$3.7b -24.30%
$5.4b +45.21%
$5.8b +8.49%
$7.1b +21.32%
$7.3b +3.07%
$7.3b +0.27%
Interest expense, net of amounts capitalized ($1.3b) ($1.7b) ($1.8b) ($1.7b) ($1.8b) ($1.8b) ($2.0b) ($2.4b) ($2.7b) ($3.2b) $3.2b
Earnings from equity method investments $59.0m $106.0m $148.0m $162.0m $153.0m $76.0m $151.0m $144.0m $139.0m $112.0m
Other Income $322.0m
Other Nonoperating Income (Expense) ($93.0m) ($55.0m) $114.0m $252.0m $336.0m $456.0m $500.0m $553.0m $530.0m $500.0m
Other income (expense), net ($93.0m) ($55.0m) $114.0m $252.0m $336.0m $456.0m $500.0m $553.0m $530.0m $500.0m $1.2b
Total other income and (expense) ($1.1b) ($1.5b) ($1.4b) ($1.2b) ($1.4b) ($1.1b) ($1.1b) ($1.5b) ($1.8b) ($2.3b)
Earnings Before Income Taxes $3.5b $1.1b $2.7b $6.5b $3.5b $2.6b $4.2b $4.3b $5.2b $5.0b
Taxes other than income taxes $1.1b $1.2b $1.3b $1.2b $1.2b $1.3b $1.4b $1.4b $1.5b $1.5b $1.5b
Income Tax Expense (Benefit) $951.0m $142.0m $449.0m $1.8b $393.0m $267.0m $795.0m $496.0m $969.0m $828.0m $673.0m
Net Income (Loss) Attributable to Parent $338.0m
$1.1b +216.86%
$2.2b +107.84%
$4.7b +112.89%
$3.1b -34.52%
$2.3b -25.59%
$3.4b +48.46%
$3.8b +12.28%
$4.3b +10.68%
$4.3b +1.90%
$4.7b +7.30%
Net Income (Loss) Attributable to Noncontrolling Interest $36.0m $46.0m $58.0m ($10.0m) ($31.0m) ($99.0m) ($107.0m) ($127.0m) ($141.0m) ($170.0m) $4.7b
Net loss attributable to noncontrolling interests $36.0m $46.0m $58.0m ($10.0m) ($31.0m) ($99.0m) ($107.0m) ($127.0m) ($141.0m) ($170.0m)
Noncontrolling Interest in Net Income (Loss) Other Noncontrolling Interests, Redeemable $32.0m ($44.0m) ($58.0m) $10.0m
Earnings Per Share, Basic $2.57 $0.84 $2.18 $4.53 $2.95 $2.26 $3.28 $3.64 $4.02 $3.94 $4.17
Earnings Per Share, Diluted $2.55 $0.84 $2.17 $4.50 $2.93 $2.24 $3.26 $3.62 $3.99 $3.92 $4.15
Basic (in shares) $951.0m $1.0b $1.0b $1.0b $1.1b $1.1b $1.1b $1.1b $1.1b $1.1b $1.1b
Diluted (in shares) $958.0m $1.0b $1.0b $1.1b $1.1b $1.1b $1.1b $1.1b $1.1b $1.1b $1.1b
Weighted Average Number of Shares Outstanding, Basic 951.0m 1.0b 1.0b 1.0b 1.1b 1.1b 1.1b 1.1b 1.1b 1.1b 1.1b
Weighted Average Number of Shares Outstanding, Diluted 958.0m 1.0b 1.0b 1.1b 1.1b 1.1b 1.1b 1.1b 1.1b 1.1b 1.1b
Additional Financial Items
Allowance for equity funds used during construction $202.0m $160.0m $138.0m $128.0m $149.0m $190.0m $224.0m $268.0m $235.0m $340.0m
Depreciation and amortization $2.5b $3.0b $3.5b $3.3b $3.5b $3.6b $3.7b $4.5b $4.8b $5.5b $5.7b
Goodwill, Impairment Loss $42.0m $0
Lease Income $685.0m $643.0m $667.0m $650.0m $594.0m $577.0m $576.0m
Other operations and maintenance $5.2b $5.5b $5.9b $5.6b $5.4b $6.1b $6.6b $6.1b $6.5b $7.1b
Public Utilities, Allowance for Funds Used During Construction, Capitalized Cost of Equity $202.0m $160.0m $138.0m $128.0m $149.0m $190.0m $224.0m $268.0m $235.0m $340.0m
Taxes, Miscellaneous $1.1b $1.2b $1.3b $1.2b $1.2b $1.3b $1.4b $1.4b $1.5b $1.5b

Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.