Business Segments · Total operating revenues
Traditional Electric Operating Companies — Total operating revenues
Southern Company Traditional Electric Operating Companies — Total operating revenues decreased by 18.2% to $5.67B in Q3 2023 compared to the prior quarter. Year-over-year, this metric declined by 18.2%, from $6.94B to $5.67B. This decline may warrant attention — for this metric, higher values are generally preferred.
Analysis
StatementSegment
CategoryGrowth
SignalHigher is better
VolatilityStable
First reportedQ1 2021
Last reportedQ3 2023
Rolls up toTotal Revenue
How to read this metric
An increase typically signals growth in customer base, higher electricity consumption, or successful rate adjustments, while a decrease may indicate lower demand or regulatory headwinds.
Detailed definition
This metric represents the total gross revenue generated by the company's core regulated electric utility operations. It...
Peer comparison
Comparable to total operating revenues reported by other vertically integrated, rate-regulated electric utilities.
Metric ID:
so_segment_traditional_electric_operating_companies_total_operating_revenuesHistorical Data
6 periods
| Q2 '21 | Q3 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q3 '23 | |
|---|---|---|---|---|---|---|
| Value | $4.03B | $5.02B | $4.19B | $5.56B | $6.94B | $5.67B |
| QoQ Change | — | +24.5% | -16.5% | +32.7% | +24.7% | -18.2% |
| YoY Change | — | — | — | +38.0% | +38.3% | -18.2% |
Range$4.03B – $6.94B
CAGR+31.5%
Avg YoY Growth+19.3%
Median YoY Growth+38.0%
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Frequently Asked Questions
- What is Southern Company's traditional electric operating companies — total operating revenues?
- Southern Company (SO) reported traditional electric operating companies — total operating revenues of $5.67B in Q3 2023.
- How has Southern Company's traditional electric operating companies — total operating revenues changed year-over-year?
- Southern Company's traditional electric operating companies — total operating revenues decreased by 18.2% year-over-year, from $6.94B to $5.67B.
- What does traditional electric operating companies — total operating revenues mean?
- The total sales revenue generated by the company's core regulated electric utility business.