Southern CoSO
What Southern Co does.
Southern Company is a holding company that owns all of the outstanding common stock of three traditional electric operating companies, Southern Power Company, and Southern Company Gas.
• The traditional electric operating companies – Alabama Power, Georgia Power, and Mississippi Power – are each vertically integrated utilities providing electric service to retail customers in three Southeastern states in addition to wholesale customers in the Southeast.
• Southern Power Company is an operating public utility company. The term "Southern Power" when used herein refers to Southern Power Company and its subsidiaries, while the term "Southern Power Company" when used herein refers only to the Southern Power parent company. Southern Power develops, constructs, acquires, owns, operates, and manages power generation assets, including battery energy storage projects, and sells electricity at market-based rates in the wholesale market.
Revenue and profit, by fiscal year.
| Fiscal year | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| Revenue | $20.4B | $23.1B | $29.3B | $25.3B | $26.7B | $29.6B |
| Net income | $3.1B | $2.4B | $3.5B | $4.0B | $4.4B | $4.3B |
| Free cash flow | -$826.0M | -$1.4B | -$1.6B | -$1.5B | $833.0M | -$2.9B |
More on SO.
- Southern Co summary
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- Southern Co earnings
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- Southern Co valuation
- Southern Co ownership and insiders
- Southern Co peers
Figures from Southern Co's filings with the U.S. SEC, standardised automatically; prices are end-of-day closes. Not financial advice.