Business Segments · Total operating revenues
Electric Utilities — Total operating revenues
Southern Company Electric Utilities — Total operating revenues decreased by 17.0% to $6.17B in Q3 2023 compared to the prior quarter. Year-over-year, this metric declined by 17.0%, from $7.43B to $6.17B. This decline may warrant attention — for this metric, higher values are generally preferred.
Analysis
StatementSegment
CategoryGrowth
SignalHigher is better
VolatilityStable
First reportedQ3 2016
Last reportedQ3 2023
Rolls up toTotal Revenue
How to read this metric
An increase suggests higher customer demand, rate adjustments, or expanded capacity, while a decrease may indicate lower consumption or regulatory pricing pressures.
Detailed definition
This metric represents the total gross revenue generated by the electric utility segment from the sale of electricity an...
Peer comparison
Standard across all vertically integrated utilities; peers typically report this as 'Electric Segment Operating Revenues'.
Metric ID:
so_segment_electric_utilities_total_operating_revenuesHistorical Data
7 periods
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q3 '23 | |
|---|---|---|---|---|---|---|---|
| Value | $4.41B | $5.53B | $4.25B | $4.51B | $6.01B | $7.43B | $6.17B |
| QoQ Change | — | +25.4% | -23.1% | +6.1% | +33.2% | +23.7% | -17.0% |
| YoY Change | — | — | — | — | +36.3% | +34.4% | -17.0% |
Range$4.25B – $7.43B
CAGR+25.1%
Avg YoY Growth+17.9%
Median YoY Growth+34.4%
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Frequently Asked Questions
- What is Southern Company's electric utilities — total operating revenues?
- Southern Company (SO) reported electric utilities — total operating revenues of $6.17B in Q3 2023.
- How has Southern Company's electric utilities — total operating revenues changed year-over-year?
- Southern Company's electric utilities — total operating revenues decreased by 17.0% year-over-year, from $7.43B to $6.17B.
- What does electric utilities — total operating revenues mean?
- The total amount of money earned from selling electricity and related services within the electric utility segment.