Revenue

Lease Income

Southern Company Lease Income decreased by 1.7% to $118.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 1.7%, from $120.00M to $118.00M. This decline may warrant attention — for this metric, higher values are generally preferred.

Analysis

StatementIncome Statement
SectionRevenue
CategoryProfitability
SignalHigher is better
VolatilityModerate
First reportedQ1 2019
Last reportedQ1 2026Apr 30, 2026

How to read this metric

An increase reflects higher utilization of the company's equipment through leasing channels and improved profitability of the finance division.

Detailed definition

The total income recognized from leasing activities, encompassing both interest income from finance leases and rental in...

Peer comparison

Similar to interest and rental income reported by industrial peers with significant equipment financing operations.

Metric ID: cat_lease_income_total

Historical Data

7 periods
 Q2 '21Q3 '21Q2 '22Q3 '22Q3 '23Q1 '25Q1 '26
Value$188.00M$203.00M$188.00M$196.00M$176.00M$120.00M$118.00M
QoQ Change+8.0%-7.4%+4.3%-10.2%-31.8%-1.7%
YoY Change+0.0%-3.4%-10.2%-1.7%
Range$118.00M$203.00M
CAGR-26.7%
Avg YoY Growth-3.8%
Median YoY Growth-2.6%
Current Streak3 quarters decline

Lease Income at Other Companies

Frequently Asked Questions

What is Southern Company's lease income?
Southern Company (SO) reported lease income of $118.00M in Q1 2026.
How has Southern Company's lease income changed year-over-year?
Southern Company's lease income decreased by 1.7% year-over-year, from $120.00M to $118.00M.
What does lease income mean?
Total income derived from all leasing and rental activities.