Business Segments · Total Assets

Traditional Electric Operating Companies — Total Assets

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.

Analysis

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

How to read this metric

An increase usually signals significant investment in infrastructure and rate-base expansion, which supports future earnings growth in a regulated environment.

Detailed definition

This metric represents the total book value of all assets held by the regulated electric utility segment, including powe...

Peer comparison

Comparable to the regulated asset base or total segment assets of peer utility companies.

Metric ID: so_segment_traditional_electric_operating_companies_total_assets

Historical Data

6 periods
 Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q3 '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%
Range$89.05B$99.46B
CAGR+9.3%
Avg YoY Growth+5.8%
Median YoY Growth+5.8%
Current Streak5+ quarters growth

Frequently Asked Questions

What is Southern Company's traditional electric operating companies — total assets?
Southern Company (SO) reported traditional electric operating companies — total assets of $99.46B in Q3 2023.
How has Southern Company's traditional electric operating companies — total assets changed year-over-year?
Southern Company's traditional electric operating companies — total assets increased by 4.0% year-over-year, from $95.66B to $99.46B.
What does traditional electric operating companies — total assets mean?
The total value of all physical and financial assets owned by the regulated electric utility segment.