The Southern Company Website

The Southern Company

NYSE-SO

Income Statement
Dec '14
Dec '15
Dec '16
Dec '17
Dec '18
Dec '19
Dec '20
Dec '21
Dec '22
Dec '23
LTM

Operating Revenues

20,664

19,694

22,405

28,547

24,304

25,088

Other Revenues, Total

755

681

708

732

949

1,046

Total Revenues

21,419

20,375

23,113

29,279

25,253

26,134

Total Revenues % Chg.

-8.8%

-4.9%

13.4%

26.7%

-13.8%

-5.5%

Cost of Goods Sold, Total

11,816

10,478

12,866

18,401

13,545

13,163

Gross Profit

9,603

9,897

10,247

10,878

11,708

12,971

Selling General & Admin Expenses, Total

—

—

—

-267

-415

-569

-656

-595

-603

Depreciation & Amortization

3,038

3,518

3,565

3,663

4,525

4,630

Other Operating Expenses

1,230

1,559

2,982

1,594

1,357

1,382

Other Operating Expenses, Total

4,001

4,662

5,978

4,601

5,287

5,409

Operating Income

5,602

5,235

4,269

6,277

6,421

7,562

Interest Expense, Total

-1,751

-1,836

-1,852

-2,033

-2,446

-2,612

Net Interest Expenses

-1,751

-1,836

-1,852

-2,033

-2,446

-2,612

Income (Loss) On Equity Invest.

—

—

162

153

76

151

144

143

Currency Exchange Gains (Loss)

—

—

—

-24

114

-167

-189

88

56

Other Non Operating Income (Expenses)

137

-44

237

257

138

152

EBT, Excl. Unusual Items

4,126

3,622

2,563

4,463

4,345

5,301

Impairment of Goodwill

—

—

—

—

-50

—

—

-119

—

—

Gain (Loss) On Sale Of Investments

—

—

—

—

—

—

-206

—

—

—

—

Gain (Loss) On Sale Of Assets

—

—

2,545

65

—

—

—

—

Asset Writedown

—

—

—

—

-94

—

-2

-132

—

—

EBT, Incl. Unusual Items

6,527

3,481

2,561

4,212

4,345

5,301

Income Tax Expense

1,798

393

267

795

496

815

Earnings From Continuing Operations

4,729

3,088

2,294

3,417

3,849

4,486

Minority Interest

—

10

31

99

107

127

122

Net Income

4,739

3,119

2,393

3,524

3,976

4,608

Net Income to Common Incl Extra Items

4,739

3,119

2,393

3,524

3,976

4,608

Net Income to Common Excl. Extra Items

4,739

3,119

2,393

3,524

3,976

4,608

Total Shares Outstanding

1,053.3

1,056.5

1,060

1,088.8

1,091

1,094.6

Weighted Avg. Shares Outstanding

1,046

1,058

1,061

1,075

1,092

1,093.5

Weighted Avg. Shares Outstanding Dil

1,054

1,065

1,068

1,081

1,098

1,099.5

EPS

4.5

2.9

2.3

3.3

3.6

4.2

EPS Diluted

4.5

2.9

2.2

3.3

3.6

4.2

EBITDA

8,933

9,140

8,242

10,341

11,407

12,684

Effective Tax Rate

27.5%

11.3%

10.4%

18.9%

11.4%

15.4%