Business Segments · Total Assets
Gas Distribution Operations — Total Assets
Southern Company Gas Distribution Operations — Total Assets increased by 2.7% to $22.63B in Q3 2023 compared to the prior quarter. Year-over-year, this metric grew by 4.7%, from $21.61B to $22.63B. This is a positive signal — higher values indicate stronger performance for this metric.
Analysis
StatementSegment
CategoryEfficiency
SignalHigher is better
VolatilityStable
First reportedQ4 2016
Last reportedQ3 2023
Rolls up toTotal Assets
How to read this metric
Growth in assets typically signals ongoing capital investment in infrastructure and network expansion.
Detailed definition
This represents the total value of all resources owned by the gas distribution segment, including utility plant, infrast...
Peer comparison
Standard metric for capital-intensive utility segments; used to assess asset turnover and capital deployment efficiency.
Metric ID:
so_segment_gas_distribution_operations_total_assetsHistorical Data
8 periods
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q3 '23 | |
|---|---|---|---|---|---|---|---|---|
| Value | $20.25B | $20.62B | $20.92B | $21.03B | $21.18B | $21.61B | $22.04B | $22.63B |
| QoQ Change | — | +1.8% | +1.4% | +0.6% | +0.7% | +2.0% | +2.0% | +2.7% |
| YoY Change | — | — | — | — | +4.6% | +4.8% | +5.4% | +4.7% |
Range$20.25B – $22.63B
CAGR+6.6%
Avg YoY Growth+4.9%
Median YoY Growth+4.8%
Current Streak7+ quarters growth
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Frequently Asked Questions
- What is Southern Company's gas distribution operations — total assets?
- Southern Company (SO) reported gas distribution operations — total assets of $22.63B in Q3 2023.
- How has Southern Company's gas distribution operations — total assets changed year-over-year?
- Southern Company's gas distribution operations — total assets increased by 4.7% year-over-year, from $21.61B to $22.63B.
- What does gas distribution operations — total assets mean?
- The total value of all property, equipment, and resources used by the gas distribution business.