Other Income & Expense

Equity Method Income

Southern Company Equity Method Income increased by 14.3% to $32.00M in Q3 2023 compared to the prior quarter. Year-over-year, this metric grew by 14.3%, from $28.00M to $32.00M. This decline may warrant attention — for this metric, higher values are generally preferred.

Analysis

StatementIncome Statement
SectionOther Income & Expense
CategoryCapital Allocation
SignalHigher is better
VolatilityModerate
First reportedQ1 2007
Last reportedQ4 2025

How to read this metric

An increase reflects strong performance from joint ventures or strategic partners, while a decrease indicates underperformance in those specific investments.

Detailed definition

This metric captures the company's proportionate share of the net earnings or losses from investments in unconsolidated...

Peer comparison

Common in technology and manufacturing sectors where joint ventures are used for R&D or supply chain integration.

Metric ID: is_equity_method_income

Historical Data

5 periods
 Q2 '21Q3 '21Q2 '22Q3 '22Q3 '23
Value-$40.00M$30.00M$34.00M$28.00M$32.00M
QoQ Change+175.0%+13.3%-17.6%+14.3%
YoY Change+185.0%-6.7%+14.3%
Range-$40.00M$34.00M
CAGR-20.0%
Avg YoY Growth+64.2%
Median YoY Growth+14.3%

Frequently Asked Questions

What is Southern Company's equity method income?
Southern Company (SO) reported equity method income of $32.00M in Q3 2023.
How has Southern Company's equity method income changed year-over-year?
Southern Company's equity method income increased by 14.3% year-over-year, from $28.00M to $32.00M.
What does equity method income mean?
The company's share of profits or losses from businesses it partially owns.