Net Income
Net Income (NCI)
Southern Company Net Income (NCI) decreased by 16.7% to $10.00M in Q3 2023 compared to the prior quarter. Year-over-year, this metric declined by 16.7%, from $12.00M to $10.00M. This is a positive signal — lower values indicate better performance for this metric.
Analysis
StatementIncome Statement
SectionNet Income
CategoryProfitability
SignalLower is better
VolatilityStable
First reportedQ1 2025
Last reportedQ1 2026
How to read this metric
An increase indicates that the company's majority-owned subsidiaries are generating more profit for their minority partners, which reduces the net income available to the parent company's shareholders.
Detailed definition
This metric represents the portion of a subsidiary's net income that is attributable to minority shareholders who hold a...
Peer comparison
Standard accounting line item for any company with partially owned consolidated subsidiaries.
Metric ID:
is_minority_interestHistorical Data
5 periods
| Q2 '21 | Q3 '21 | Q2 '22 | Q3 '22 | Q3 '23 | |
|---|---|---|---|---|---|
| Value | $0.00 | $5.00M | -$22.00M | $12.00M | $10.00M |
| QoQ Change | — | — | -540.0% | +154.5% | -16.7% |
| YoY Change | — | — | — | +140.0% | -16.7% |
Range-$22.00M – $12.00M
Avg YoY Growth+61.7%
Median YoY Growth+61.7%
Net Income (NCI) at Other Companies
Frequently Asked Questions
- What is Southern Company's net income (nci)?
- Southern Company (SO) reported net income (nci) of $10.00M in Q3 2023.
- How has Southern Company's net income (nci) changed year-over-year?
- Southern Company's net income (nci) decreased by 16.7% year-over-year, from $12.00M to $10.00M.
- What does net income (nci) mean?
- The share of profits belonging to other investors who own a minority stake in the company's subsidiaries.