Southern Company Traditional Electric Operating Companies — Total Assets increased by 3.8% to $99.46B in Q3 2023 compared to the prior quarter. Year-over-year, this metric grew by 4.0%, from $95.66B to $99.46B.
An increase usually signals significant investment in infrastructure and rate-base expansion, which supports future earnings growth in a regulated environment.
This metric represents the total book value of all assets held by the regulated electric utility segment, including powe...
Comparable to the regulated asset base or total segment assets of peer utility companies.
so_segment_traditional_electric_operating_companies_total_assets| Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q3 '23 | |
|---|---|---|---|---|---|---|
| Value | $89.05B | $90.46B | $92.74B | $95.66B | $95.86B | $99.46B |
| QoQ Change | — | +1.6% | +2.5% | +3.1% | +0.2% | +3.8% |
| YoY Change | — | — | — | — | +7.6% | +4.0% |