Business Segments · Total Assets

Electric Utilities — Total Assets

Southern Company Electric Utilities — Total Assets increased by 3.4% to $111.99B in Q3 2023 compared to the prior quarter. Year-over-year, this metric grew by 3.5%, from $108.19B to $111.99B.

Analysis

StatementSegment
CategoryCapital Allocation
SignalContext dependent
VolatilityStable
First reportedQ4 2021
Last reportedQ3 2023
Rolls up toTotal Assets

How to read this metric

An increase typically signals significant capital investment in infrastructure, whereas a decrease may indicate asset divestitures or depreciation outpacing new investment.

Detailed definition

This metric measures the total book value of all assets held by the electric utility segment, including power plants, tr...

Peer comparison

Commonly reported by all capital-intensive utility companies as 'Segment Assets'.

Metric ID: so_segment_electric_utilities_total_assets

Historical Data

6 periods
 Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q3 '23
Value$101.77B$103.60B$105.36B$108.19B$108.28B$111.99B
QoQ Change+1.8%+1.7%+2.7%+0.1%+3.4%
YoY Change+6.4%+3.5%
Range$101.77B$111.99B
CAGR+7.9%
Avg YoY Growth+5.0%
Median YoY Growth+5.0%
Current Streak5+ quarters growth

Frequently Asked Questions

What is Southern Company's electric utilities — total assets?
Southern Company (SO) reported electric utilities — total assets of $111.99B in Q3 2023.
How has Southern Company's electric utilities — total assets changed year-over-year?
Southern Company's electric utilities — total assets increased by 3.5% year-over-year, from $108.19B to $111.99B.
What does electric utilities — total assets mean?
The total value of all physical and financial assets owned by the electric utility segment.