← SOUTHERN CO

Annual Trend FY 2016 FY 2017 FY 2018 FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025
Total Revenue $19.9b $23.0b $23.5b $21.4b $20.4b $23.1b $29.3b $25.3b $26.7b $29.6b
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 $8.0b $6.2b $5.1b $7.0b $11.8b $7.5b $6.8b $8.2b
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
Operating Income (Loss) $4.6b $2.6b $4.2b $7.7b $4.9b $3.7b $5.4b $5.8b $7.1b $7.3b
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
Amortization of Intangible Assets $50.0m $124.0m $89.0m $61.0m $49.0m $44.0m $39.0m $38.0m $35.0m $32.0m
Basic (in shares) $951.0m $1.0b $1.0b $1.0b $1.1b $1.1b $1.1b $1.1b $1.1b $1.1b
Depreciation and amortization $2.5b $3.0b $3.5b $3.3b $3.5b $3.6b $3.7b $4.5b $4.8b $5.5b
Diluted (in shares) $958.0m $1.0b $1.0b $1.1b $1.1b $1.1b $1.1b $1.1b $1.1b $1.1b
Earnings Before Income Taxes $3.5b $1.1b $2.7b $6.5b $3.5b $2.6b $4.2b $4.3b $5.2b $5.0b
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
Goodwill, Impairment Loss — — $42.0m — — — — — — —
Income taxes (benefit) $951.0m $142.0m $449.0m $1.8b $393.0m $267.0m $795.0m $496.0m $969.0m $828.0m
Lease Income — — — $685.0m $643.0m $667.0m $650.0m $594.0m $577.0m $576.0m
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)
Operating Lease, Lease Income — — — $273.0m $208.0m $223.0m $208.0m $164.0m $136.0m $145.0m
Other Income — — $322.0m — — — — — — —
Other operations and maintenance $5.2b $5.5b $5.9b $5.6b $5.4b $6.1b $6.6b $6.1b $6.5b $7.1b
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
Taxes, Miscellaneous $1.1b $1.2b $1.3b $1.2b $1.2b $1.3b $1.4b $1.4b $1.5b $1.5b
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest $3.5b $1.1b $2.7b $6.5b $3.5b $2.6b $4.2b $4.3b $5.2b $5.0b
Net Income (Loss) Attributable to Parent $338.0m $1.1b $2.2b $4.7b $3.1b $2.3b $3.4b $3.8b $4.3b $4.3b
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)
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
Earnings Per Share, Diluted $2.55 $0.84 $2.17 $4.50 $2.93 $2.24 $3.26 $3.62 $3.99 $3.92
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
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
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)
Other Cost of Operating Revenue $260.0m $513.0m — — — — — — — —
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
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
Income Tax Expense (Benefit) $951.0m $142.0m $449.0m $1.8b $393.0m $267.0m $795.0m $496.0m $969.0m $828.0m
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)

Data sourced from SEC EDGAR 10-K filings via EdgarTools. Amounts are shown in USD as reported in each fiscal year filing.

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