Operating
Net Income
Southern Company Net Income decreased by 3.7% to $1.43B in Q3 2023 compared to the prior quarter. Year-over-year, this metric declined by 3.7%, from $1.49B to $1.43B. This decline may warrant attention — for this metric, higher values are generally preferred.
Analysis
StatementCash Flow Statement
SectionOperating
CategoryProfitability
SignalHigher is better
VolatilityModerate
First reportedQ1 2013
Last reportedQ1 2026
How to read this metric
An increase signals improved profitability and potential for higher dividends or reinvestment, while a decrease may indicate rising costs or slowing sales.
Detailed definition
Net income represents the total profit of the company after all operating expenses, interest, taxes, and preferred stock...
Peer comparison
Peer companies in the consumer electronics and software sectors typically trade on multiples of this figure, though it can be impacted by one-time tax events.
Metric ID:
cf_net_incomeHistorical Data
6 periods
| Q2 '21 | Q3 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q3 '23 | |
|---|---|---|---|---|---|---|
| Value | $376.00M | $1.11B | $991.00M | $1.09B | $1.49B | $1.43B |
| QoQ Change | — | +195.2% | -10.7% | +9.9% | +36.5% | -3.7% |
| YoY Change | — | — | — | +189.6% | +34.0% | -3.7% |
Range$376.00M – $1.49B
CAGR+191.5%
Avg YoY Growth+73.3%
Median YoY Growth+34.0%
Net Income at Other Companies
Frequently Asked Questions
- What is Southern Company's net income?
- Southern Company (SO) reported net income of $1.43B in Q3 2023.
- How has Southern Company's net income changed year-over-year?
- Southern Company's net income decreased by 3.7% year-over-year, from $1.49B to $1.43B.
- What does net income mean?
- The company's total profit after all expenses and taxes have been paid.