Business Segments · Net income after dividends on preferred stock
Electric Utilities — Net income after dividends on preferred stock
Southern Company Electric Utilities — Net income after dividends on preferred stock decreased by 1.4% to $1.52B in Q3 2023 compared to the prior quarter. Year-over-year, this metric declined by 1.4%, from $1.54B to $1.52B. This decline may warrant attention — for this metric, higher values are generally preferred.
Analysis
StatementSegment
CategoryProfitability
SignalHigher is better
VolatilityModerate
First reportedQ2 2020
Last reportedQ3 2023
How to read this metric
An increase indicates improved operational efficiency or higher margins, while a decrease signals rising costs or regulatory headwinds impacting profitability.
Detailed definition
This metric represents the profit attributable to common shareholders from the electric utility segment after accounting...
Peer comparison
Standard segment-level profitability metric; peers report this as 'Segment Net Income' or 'Segment Earnings'.
Metric ID:
so_segment_electric_utilities_net_income_after_dividends_on_preferred_stockHistorical Data
5 periods
| Q2 '21 | Q3 '21 | Q1 '22 | Q3 '22 | Q3 '23 | |
|---|---|---|---|---|---|
| Value | $547.00M | $1.16B | $846.00M | $1.54B | $1.52B |
| QoQ Change | — | +112.6% | -27.3% | +82.0% | -1.4% |
| YoY Change | — | — | — | +32.4% | -1.4% |
Range$547.00M – $1.54B
CAGR+177.7%
Avg YoY Growth+15.5%
Median YoY Growth+15.5%
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Frequently Asked Questions
- What is Southern Company's electric utilities — net income after dividends on preferred stock?
- Southern Company (SO) reported electric utilities — net income after dividends on preferred stock of $1.52B in Q3 2023.
- How has Southern Company's electric utilities — net income after dividends on preferred stock changed year-over-year?
- Southern Company's electric utilities — net income after dividends on preferred stock decreased by 1.4% year-over-year, from $1.54B to $1.52B.
- What does electric utilities — net income after dividends on preferred stock mean?
- The net profit generated by the electric utility segment that is available to common shareholders after paying preferred dividends.