Business Segments · Net income after dividends on preferred stock
Corporate And Other — Net income after dividends on preferred stock
Southern Company Corporate And Other — Net income after dividends on preferred stock decreased by 17.8% to -$179.00M in Q3 2023 compared to the prior quarter. This decline may warrant attention — for this metric, higher values are generally preferred.
Analysis
StatementSegment
CategoryProfitability
SignalHigher is better
VolatilityModerate
First reportedQ1 2018
Last reportedQ3 2023
How to read this metric
An increase indicates improved profitability from non-core operations or reduced corporate overhead, while a decrease suggests rising corporate costs or losses in non-regulated segments.
Detailed definition
This metric represents the net earnings attributable to the parent company from business activities categorized as 'All...
Peer comparison
Peers often report this as 'Corporate and Other' or 'Unallocated' net income, which typically reflects a mix of holding company interest expenses and non-utility business performance.
Metric ID:
so_segment_all_other_net_income_after_dividends_on_preferred_stockHistorical Data
3 periods
| Q1 '22 | Q3 '22 | Q3 '23 | |
|---|---|---|---|
| Value | -$125.00M | -$152.00M | -$179.00M |
| QoQ Change | — | -21.6% | -17.8% |
| YoY Change | — | — | -17.8% |
Range-$179.00M – -$125.00M
Avg YoY Growth-17.8%
Median YoY Growth-17.8%
Current Streak2+ quarters decline
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Frequently Asked Questions
- What is Southern Company's corporate and other — net income after dividends on preferred stock?
- Southern Company (SO) reported corporate and other — net income after dividends on preferred stock of -$179.00M in Q3 2023.
- What does corporate and other — net income after dividends on preferred stock mean?
- The net profit or loss generated by the company's non-core, corporate, or miscellaneous business activities after paying preferred dividends.