The Southern Company (BMV:SO)

NV5 Global Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Operating Revenue	27,065	25,573	24,304	28,547	22,405	19,694
Other Revenue	1,298	1,151	949	732	708	681
Revenue	28,363	26,724	25,253	29,279	23,113	20,375
Revenue Growth (YoY)	8.53%	5.83%	-13.75%	26.68%	13.44%	-4.87%
Fuel & Purchased Power	5,449	4,979	5,248	8,428	4,988	3,766
Operations & Maintenance	6,984	6,539	6,093	6,824	5,902	5,413
Depreciation & Amortization	4,967	4,755	4,525	3,663	3,565	3,518
Other Operating Expenses	3,084	2,773	2,966	4,338	4,389	2,443
Total Operating Expenses	20,484	19,046	18,832	23,253	18,844	15,140
Operating Income	7,879	7,678	6,421	6,026	4,269	5,235
Interest Expense	-2,973	-2,743	-2,446	-2,033	-1,852	-1,836
Net Interest Expense	-2,973	-2,743	-2,446	-2,033	-1,852	-1,836
Income (Loss) on Equity Investments	105	139	144	151	76	153
Currency Exchange Gain (Loss)	187	-31	88	-189	-167	114
Allowance for Equity Funds for Construction	279	235	268	224	190	149
Other Non-Operating Income (Expenses)	-259	-49	-130	33	47	-193
EBT Excluding Unusual Items	5,218	5,229	4,345	4,212	2,563	3,622
Gain (Loss) on Sale of Investments	-	-	-	-	-	-206
Gain (Loss) on Sale of Assets	-	-	-	-	-	65
Asset Writedown	-69	-	-	-	-2	-
Pretax Income	5,149	5,229	4,345	4,212	2,561	3,481
Income Tax Expense	1,025	969	496	795	267	393
Earnings From Continuing Ops.	4,124	4,260	3,849	3,417	2,294	3,088
Minority Interest in Earnings	159	141	127	107	99	31
Net Income	4,283	4,401	3,976	3,524	2,393	3,119
Net Income to Common	4,283	4,401	3,976	3,524	2,393	3,119
Net Income Growth	-7.05%	10.69%	12.83%	47.26%	-23.28%	-34.18%
Shares Outstanding (Basic)	1,099	1,096	1,092	1,075	1,061	1,058
Shares Outstanding (Diluted)	1,105	1,102	1,098	1,081	1,068	1,065
Shares Change (YoY)	0.50%	0.36%	1.57%	1.22%	0.28%	1.04%
EPS (Basic)	3.90	4.02	3.64	3.28	2.26	2.95
EPS (Diluted)	3.87	3.99	3.62	3.26	2.24	2.93
EPS Growth	-7.63%	10.22%	11.04%	45.54%	-23.55%	-34.89%
Free Cash Flow	-1,077	833	-1,542	-1,621	-1,417	-826
Free Cash Flow Per Share	-0.97	0.76	-1.40	-1.50	-1.33	-0.78
Dividend Per Share	2.900	2.860	2.780	2.700	2.620	2.540
Dividend Growth	2.84%	2.88%	2.96%	3.05%	3.15%	3.25%
Profit Margin	15.10%	16.47%	15.75%	12.04%	10.35%	15.31%
Free Cash Flow Margin	-3.80%	3.12%	-6.11%	-5.54%	-6.13%	-4.05%
EBITDA	13,364	12,944	11,407	10,090	8,242	9,140
EBITDA Margin	47.12%	48.44%	45.17%	34.46%	35.66%	44.86%
D&A For EBITDA	5,485	5,266	4,986	4,064	3,973	3,905
EBIT	7,879	7,678	6,421	6,026	4,269	5,235
EBIT Margin	27.78%	28.73%	25.43%	20.58%	18.47%	25.69%
Effective Tax Rate	19.91%	18.53%	11.42%	18.88%	10.43%	11.29%
Revenue as Reported	28,363	26,724	25,253	29,279	23,113	20,375

Source: S&P Global Market Intelligence. Utility template. Financial Sources.