Other Revenue Sources — Other revenues
Southern Company Other Revenue Sources — Other revenues decreased by 86.3% to $173.00M in Q3 2023 compared to the prior quarter. Year-over-year, this metric declined by 86.3%, from $1.26B to $173.00M. This decline may warrant attention — for this metric, higher values are generally preferred.
Analysis
How to read this metric
An increase suggests successful diversification or growth in secondary business lines, while a decrease may indicate a contraction in non-core service offerings or reduced demand for ancillary products.
Detailed definition
This metric represents revenue generated from ancillary business activities that fall outside of the company's primary r...
Peer comparison
Peers in the utility sector often report similar figures under 'Other Operating Revenues' or 'Non-Regulated Revenue,' reflecting efforts to supplement stable but capped utility earnings with higher-margin or opportunistic business ventures.
so_segment_other_revenue_sources_other_revenuesHistorical Data
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q3 '23 | |
|---|---|---|---|---|---|---|---|
| Value | $1.18B | $506.00M | $358.00M | $390.00M | $980.00M | $1.26B | $173.00M |
| QoQ Change | — | -57.1% | -29.2% | +8.9% | +151.3% | +28.8% | -86.3% |
| YoY Change | — | — | — | — | -16.9% | +149.4% | -86.3% |
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Frequently Asked Questions
- What is Southern Company's other revenue sources — other revenues?
- Southern Company (SO) reported other revenue sources — other revenues of $173.00M in Q3 2023.
- How has Southern Company's other revenue sources — other revenues changed year-over-year?
- Southern Company's other revenue sources — other revenues decreased by 86.3% year-over-year, from $1.26B to $173.00M.
- What does other revenue sources — other revenues mean?
- Revenue earned from non-core business activities outside of the company's primary regulated utility services.