Discontinued — last reported Q4 '17
Non-Current Assets
Goodwill
Southern Company Goodwill remained flat by 0.0% to $5.16B in Q3 2023 compared to the prior quarter. Year-over-year, this metric declined by 2.3%, from $5.28B to $5.16B. Over 2 years (FY 2020 to FY 2022), Goodwill shows relatively stable performance with a -1.1% CAGR.
Analysis
StatementBalance Sheet Statement
SectionNon-Current Assets
CategoryCapital Allocation
SignalContext dependent
VolatilityStable
First reportedQ3 2015
Last reportedQ4 2017
How to read this metric
High goodwill indicates a history of aggressive M&A; significant write-downs signal that acquired assets are underperforming expectations.
Detailed definition
Goodwill represents the premium paid over the fair market value of net identifiable assets during an acquisition. It ref...
Peer comparison
Common in industries with high M&A activity; peers are compared based on the ratio of goodwill to total equity.
Metric ID:
goodwillHistorical Data
8 periods
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q3 '23 | |
|---|---|---|---|---|---|---|---|---|
| Value | $5.28B | $5.28B | $5.28B | $5.28B | $5.28B | $5.28B | $5.16B | $5.16B |
| QoQ Change | — | +0.0% | +0.0% | +0.0% | +0.0% | +0.0% | -2.3% | +0.0% |
| YoY Change | — | — | — | — | +0.0% | +0.0% | -2.3% | -2.3% |
Range$5.16B – $5.28B
CAGR-1.3%
Avg YoY Growth-1.1%
Median YoY Growth-1.1%
Business Segments
Goodwill at Other Companies
Frequently Asked Questions
- What is Southern Company's goodwill?
- Southern Company (SO) reported goodwill of $5.16B in Q3 2023.
- How has Southern Company's goodwill changed year-over-year?
- Southern Company's goodwill decreased by 2.3% year-over-year, from $5.28B to $5.16B.
- What is the long-term trend for Southern Company's goodwill?
- Over 2 years (2020 to 2022), Southern Company's goodwill has grown at a -1.1% compound annual growth rate (CAGR), from $5.28B to $5.16B.
- What does goodwill mean?
- The premium paid for an acquisition above the value of its tangible and identifiable assets.