The Southern Company (SO)

The Southern Company Income Statement

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

Year	2023	2022	2021	2020	2019
Revenue	25,253	29,279	23,113	20,375	21,419
Revenue Growth (YoY)	-13.75%	26.68%	13.44%	-4.87%	-8.84%
Cost of Revenue	14,970	19,812	14,156	11,712	13,046
Gross Profit	10,283	9,467	8,957	8,663	8,373
Other Operating Expenses	4,457	4,097	5,259	3,843	3,206
Operating Expenses	4,457	4,097	5,259	3,843	3,206
Operating Income	5,826	5,370	3,698	4,820	5,167
Interest Expense / Income	2,446	2,022	1,837	1,821	1,736
Other Expense / Income	-1,092	-982	-814	-528	-3,121
Pretax Income	4,472	4,330	2,675	3,527	6,552
Income Tax	496	795	267	393	1,798
Net Income	3,976	3,535	2,408	3,134	4,754
Preferred Dividends	0	11	15	15	15
Net Income Common	3,976	3,524	2,393	3,119	4,739
Net Income Growth	12.83%	47.26%	-23.28%	-34.18%	112.89%
Shares Outstanding (Basic)	1,092	1,075	1,061	1,058	1,046
Shares Outstanding (Diluted)	1,098	1,081	1,068	1,065	1,054
Shares Change	1.57%	1.22%	0.28%	1.04%	2.83%
EPS (Basic)	3.64	3.28	2.26	2.95	4.53
EPS (Diluted)	3.62	3.26	2.24	2.93	4.50
EPS Growth	11.04%	45.54%	-23.55%	-34.89%	107.37%
Free Cash Flow	-1,524	-1,418	-1,541	-826	-1,943
Free Cash Flow Per Share	-1.40	-1.32	-1.45	-0.78	-1.86
Dividend Per Share	2.780	2.700	2.620	2.540	2.460
Dividend Growth	2.96%	3.05%	3.15%	3.25%	3.36%
Gross Margin	40.72%	32.33%	38.75%	42.52%	39.09%
Operating Margin	23.07%	18.34%	16.00%	23.66%	24.12%
Profit Margin	15.74%	12.04%	10.35%	15.31%	22.13%
Free Cash Flow Margin	-6.03%	-4.84%	-6.67%	-4.05%	-9.07%
Effective Tax Rate	11.09%	18.36%	9.98%	11.14%	27.44%
EBITDA	11,904	10,416	8,485	9,253	11,619
EBITDA Margin	47.14%	35.57%	36.71%	45.41%	54.25%
Depreciation & Amortization	4,986	4,064	3,973	3,905	3,331
EBIT	6,918	6,352	4,512	5,348	8,288
EBIT Margin	27.39%	21.69%	19.52%	26.25%	38.69%

Source: Financials are provided by Nasdaq Data Link and sourced from the audited annual (10-K) and quarterly (10-Q) reports submitted to the Securities and Exchange Commission (SEC).