Southern Company's Income Statement Analysis: Revenue to Profit Breakdown
Southern Company's Income Statement Analysis: Revenue to Profit Breakdown
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FY21
Dec 31, 2021
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FY22
Dec 31, 2022
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FY23
Dec 31, 2023
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FY24
Dec 31, 2024
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FY25
Dec 31, 2025
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TTM
Trailing 12M
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Revenue
Total sales generated. |
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$23.11 B | $29.28 B | $25.25 B | $26.72 B | $29.55 B | $30.17 B |
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Cost of Revenue Direct cost of goods/services. |
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$12.87 B | $18.65 B | $13.55 B | $13.38 B | $20.74 B | $17.17 B |
Gross Profit Revenue minus cost of revenue. |
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$10.25 B | $10.63 B | $11.71 B | $13.34 B | $8.81 B | $13.01 B |
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Operating Expense
Costs to run business. |
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$6.55 B | $5.26 B | $5.88 B | $6.27 B | $1.54 B | $5.72 B |
Research and Development Investment in innovation. |
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- | - | - | - | - | - |
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Sales, General and Administrative
Selling and admin costs. |
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- | - | - | - | - | - |
General and Administrative Corporate overhead costs. |
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- | - | - | - | - | - |
Sales and Marketing Customer acquisition costs. |
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- | - | - | - | - | - |
Other Expenses Other operating costs. |
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$6.55 B | $5.26 B | $5.88 B | $6.27 B | $1.54 B | $5.72 B |
Operating Income Profit from operations. |
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$3.70 B | $5.37 B | $5.83 B | $7.07 B | $7.27 B | $7.29 B |
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Net Interest Income
Interest income minus expense. |
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-$1.84 B | -$2.02 B | -$2.45 B | -$2.74 B | -$3.31 B | -$3.37 B |
Interest Income Income from investments. |
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- | - | - | - | - | - |
Interest Expense Cost of borrowing. |
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$1.84 B | $2.02 B | $2.45 B | $2.74 B | $3.31 B | $3.37 B |
Non-Operating Income (ex-Int) Income outside core operations. |
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-$715.00 M | -$875.00 M | -$965.00 M | -$904.00 M | -$1.03 B | -$1.10 B |
Total Other Income (Net) Net non-operating items. |
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-$1.12 B | -$1.15 B | -$1.48 B | -$1.84 B | -$2.27 B | -$2.27 B |
Income Before Tax Profit before taxes. |
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$2.58 B | $4.22 B | $4.35 B | $5.23 B | $5.00 B | $5.02 B |
Income Tax Expense Taxes on income. |
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$267.00 M | $795.00 M | $496.00 M | $969.00 M | $828.00 M | $772.00 M |
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Net Income
Final profit. |
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$2.41 B | $3.54 B | $3.98 B | $4.40 B | $4.34 B | $4.36 B |
Net Income From Continuing Operations Profit from core business. |
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$2.31 B | $3.43 B | $3.85 B | $4.26 B | $4.17 B | $4.24 B |
Net Income From Discontinued Operations Profit/loss from sold units. |
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- | - | - | - | - | - |
Other Adjustments to Net Income Additional accounting adjustments. |
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- | - | - | - | - | - |
Net Income Deductions Reductions from net income. |
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- | - | - | - | - | - |
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Earnings Per Share
Company profit allocated to each outstanding share. |
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EPS Earnings per share. Formula: Net Income ÷ Shares |
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$2.26 | $3.28 | $3.64 | $4.02 | $3.94 | $3.94 |
Diluted EPS EPS including dilution. Formula: Net Income ÷ Diluted Shares |
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$2.26 | $3.26 | $3.62 | $3.99 | $3.92 | $3.91 |
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Shares for EPS
Number of shares used to calculate EPS. |
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Weighted Average Shares Outst. Avg shares used for EPS. |
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1.06 B | 1.08 B | 1.09 B | 1.10 B | 1.10 B | 1.12 B |
Diluted Average Shares Outst. Shares including dilution. |
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1.06 B | 1.08 B | 1.10 B | 1.10 B | 1.11 B | 1.13 B |
| Supplemental Items | |||||||
EBIT Earnings before interest and tax. |
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$4.41 B | $6.25 B | $6.79 B | $7.97 B | $8.30 B | $8.38 B |
EBITDA Earnings before interest, tax, D&A. |
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$8.39 B | $10.31 B | $11.78 B | $13.24 B | $14.33 B | $14.44 B |
Depreciation and Amortization Non-cash expense for assets. |
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$3.97 B | $4.06 B | $4.99 B | $5.27 B | $6.03 B | $6.06 B |
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Southern Company's Assets vs Liabilities & Equity
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